UAE Health and Medical Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The UAE Health and Medical Insurance Market is Segmented by Insurance Type (Individual, Group), by Service Provider (Private Health Insurance Providers, Public/Social Health Insurance Schemes), by Distribution Channel (Direct Sales, Online Sales, Brokers/Agents, and Banks), by End-User/Customer Type (Corporate/Employer, Individual/Families, and More), and Region. The Market Forecasts are Provided in Value (USD).

UAE Health And Medical Insurance Market Size and Share

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UAE Health And Medical Insurance Market Analysis by Mordor Intelligence

The UAE health and medical insurance market is valued at USD 9.34 billion in 2025 and is expected to reach USD 13.6 billion by 2030, expanding at a 7.80% CAGR during the forecast window. Mandatory employer-funded coverage taking effect in every emirate on 1 January 2025 sits at the heart of this expansion and is already visible in the 30.7% year-on-year jump in health premiums recorded in Q3 2024. Strong population growth among expatriates, high single-digit medical inflation, and rapid digitalization keep premiums on an upward trajectory. Insurers are sharpening product design around preventive wellness features that ease long-term cost pressure and deepen customer engagement. Consolidation among leading carriers, especially those able to invest in telehealth and AI-driven claims analytics, is intensifying competition while improving operational scale.

Key Report Takeaways

  • By insurance type, group health plans held 70.3% of the UAE health and medical insurance market in 2024; the individual segment is forecast to grow at a 6.02% CAGR by 2030.
  • By service provider, private insurers controlled 65.2% revenue share in 2024, while public/social schemes are projected to expand at a 12.43% CAGR to 2030.
  • By distribution channel, brokers and agents dominated with a 41.4% share in 2024; bancassurance is advancing at a 12.13% CAGR through 2030.
  • By end-user, corporate and employer-group policies represented 70.3% of the UAE health and medical insurance market size in 2024, while individual and family plans delivered the fastest projected growth at 6.12% CAGR.
  • By geography, Dubai led with 65.02% of the UAE health and medical insurance market share in 2024; the Northern Emirates are on course for a 5.12% CAGR between 2025-2030 

Segment Analysis

By Insurance Type: Group Policies Sustain Scale, Individual Plans Accelerate

Group health products generated 70.3% of premium income in 2024, a dominance reinforced by the incoming nationwide mandate that makes employer coverage universal. The UAE health and medical insurance market size for group business is projected to expand at 7.51% CAGR, helped by corporate wellness add-ons and rising payroll counts in free-zone companies. Employers negotiating multi-year contracts lock in-network discounts, improving retention rates for top carriers.

Momentum in individual policies is visible as digital aggregators lower search and purchase friction. The segment’s forecast 6.02% CAGR reflects growing health awareness among freelancers and dependents not covered by corporate schemes. Insurers differentiate through modular covers that include maternity, mental health, and international evacuation benefits. Tele-consultation vouchers and fitness app rewards deepen engagement and alleviate anti-selection risk.

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By Service Provider: Private Carriers Lead, Public Schemes Scale Up

Private insurers captured 65.2% of overall premiums in 2024, anchored by diversified product suites and extensive provider networks. They leverage data analytics to tailor underwriting and rapidly introduce app-based endorsements. The UAE health and medical insurance industry consolidates as larger entities acquire niche players to extend distribution and optimize claims administration.

Public or social programs such as Thiqa expand fastest at 12.43% CAGR, supported by federal funding that widens benefit baskets for citizens. Integration of e-prescription refills and preventive screening incentives improves utilization quality. The UAE health and medical insurance market size for public schemes is set to reach USD 4.3 billion by 2030, bridging equity gaps and easing crowded tertiary-care facilities.

By Distribution Channel: Advisory-Led Sales Prevail as Bancassurance Rises

Brokers and agents held 41.4% channel share in 2024, steering complex group placements and bespoke expatriate plans. Their consultative approach remains critical for SMEs navigating compliance and cost containment. Carriers invest in broker portals that streamline endorsement issuance and claims tracking, maintaining loyalty within advisory networks.

Banks, meanwhile, convert transactional relationships into long-term policy sales. Bancassurance premiums are on pace for double-digit growth as banks cross-sell health riders during salary account onboarding. Joint governance frameworks mandated by the Central Bank ensure product suitability, while co-branded mobile apps give customers one-click access to both banking and policy dashboards. Direct-to-consumer portals keep a steady share, particularly among tech-savvy millennials who prefer fully digital journeys.

UAE Health And Medical Insurance
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Note: Segment shares of all individual segments available upon report purchase

By End-User/Customer Type: Corporate Dominance Persists, Households Build Share

Corporate plans account for 70.3% of premium value today, buoyed by rising headcounts in logistics, retail, and technology. Employers exceed statutory minimums by offering global coverage limits and wellness stipends to retain talent. Claims analytics give HR teams clarity on utilization drivers, enabling targeted interventions that stabilize renewals.

Household plans, although smaller, emerge as the fastest-expanding end-user cohort with a 6% CAGR outlook. The UAE health and medical insurance market adds value through family-bundled deductibles, pediatric teleconsults, and loyalty points redeemable at fitness centers. SMEs sit between corporate scale and individual needs, representing fertile ground for modular packages that combine affordability with credible benefit depth.

Geography Analysis

Dubai’s 65.02% revenue share reflects the early adoption of mandatory coverage in 2016 and a dense network of private hospitals that attract medical tourists alongside residents. The emirate’s healthcare ecosystem supports international benefit riders and high policy limits, reinforcing premium density. Active oversight by the Dubai Health Authority ensures predictable regulation, a factor that sustains carrier investment in digital service upgrades.

Abu Dhabi ranks second, and anchors public-sector innovation through Daman-administered Thiqa plans. Government funding guarantees premium-free coverage for nationals while subsidizing low-income expatriates, keeping loss ratios contained. The Malaffi information exchange streamlines case management and reduces duplicate tests, an efficiency that differentiates the emirate’s health finance model.

The Northern Emirates collectively post the highest growth, forecast at 5.12% CAGR from 2025. The low-priced basic package spurs first-time enrollment among domestic workers and SME employees. Parallel investment in new secondary hospitals and telehealth kiosks raises service capacity, paving the way for insurers to introduce tiered plans that scale beyond essential benefits. The UAE health and medical insurance market size in these emirates is projected to nearly double by 2030 as coverage norms converge with Dubai and Abu Dhabi.

Competitive Landscape

Market concentration remains moderate: the top five players command written premiums. Daman, utilizing its role as administrator for Thiqa and its expansive provider network, secures about 10% of total premiums. Following suit, GIG Gulf, ADNIC, and Sukoon Insurance boast diversified portfolios, making selective AI-driven claims triage investments to expedite reimbursement cycles.

Strategic mergers and acquisitions are reshaping industry capacity. PureHealth’s USD 1.2 billion acquisition of Circle Health Group not only broadens its clinical footprint into the UK but also reinforces its value-based network design domestically. Solidarity Bahrain’s 28.985% acquisition of Alliance Insurance highlights a Gulf-wide ambition to amplify distribution and harness efficiencies across diverse customer bases.

Technology stands as the industry's primary battleground. Allianz Partners’ Lumi ecosystem, with a million regional users, leverages teleconsultations and medicine delivery, paving the way for cross-selling accident and travel covers. In 2024, AXA and Daman unveiled a collaborative international private medical plan, merging global evacuation perks with local cashless services, specifically targeting high-net-worth individuals and expatriate executives. Takaful operators, led by Takaful Emarat, are witnessing an 84% revenue surge, signaling a mainstream acceptance of Sharia-compliant offerings once confined to a niche audience.

UAE Health And Medical Insurance Industry Leaders

  1. Daman

  2. GIG Gulf (formerly AXA Gulf)

  3. Abu Dhabi National Insurance Company (ADNIC)

  4. Sukoon Insurance (formerly Oman Insurance Company)

  5. MetLife

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration
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Recent Industry Developments

  • January 2025: MoHRE introduced a basic nationwide health package priced at AED 320 (USD 87) per year for private-sector employees and domestic workers.
  • December 2024: The UAE Cabinet approved the nationwide extension of employer-funded insurance effective 1 January 2025
  • November 2024: Takaful Emarat posted a net profit of AED 8 million (USD 2.2 million) for Q3 2024, versus an earlier loss
  • July 2024: Allianz Partners launched Lumi, exceeding 1 million users in the Middle East within six months.
  • April 2024: AXA teamed with Daman to unveil an international private medical plan for UAE clients

Table of Contents for UAE Health And Medical Insurance Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Compulsory Health Coverage Enforcement Across All Emirates
    • 4.2.2 Growing Expatriate Population and Employer-Sponsored Schemes
    • 4.2.3 Digital Health Ecosystem Integration Driving Product Innovation
    • 4.2.4 Medical Inflation Outpacing GDP and Lifting Premium Volumes Shift Toward Preventive-Wellness Riders
    • 4.2.5 Post-COVID-19 Rise of Sharia-Compliant Takaful Health Products Among Nationals Market
  • 4.3 Market Restraints
    • 4.3.1 Price-Regulated Essential Plans Compressing Underwriting Margins
    • 4.3.2 High Fraud & Abuse Incidence Inflating Loss Ratios
    • 4.3.3 Fragmented Provider Billing Systems Hindering Cost Control
    • 4.3.4 Frequent Regulatory Revisions Raising Compliance Costs
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape (DHA, HAAD, MoHAP, SCA, CBUAE)
  • 4.6 Mandatory Health Insurance Laws (Dubai, Abu Dhabi)
  • 4.7 Economic Impact of Healthcare and Insurance Sector
  • 4.8 Porter's Five Forces
    • 4.8.1 Bargaining Power of Limited Partners
    • 4.8.2 Bargaining Power of General Partners
    • 4.8.3 Threat of New Entrants
    • 4.8.4 Threat of Substitutes (Public Markets, SPACs, Direct Lending)
    • 4.8.5 Competitive Rivalry Among PE Firms

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Insurance Type
    • 5.1.1 Individual (Retail)
    • 5.1.2 Group (Corporate)
  • 5.2 By Service Provider
    • 5.2.1 Private Health Insurance Providers
    • 5.2.2 Public/Social Health Insurance Schemes (e.g., Thiqa)
  • 5.3 By Distribution Channel
    • 5.3.1 Direct Sales (Insurer Websites, Sales Force)
    • 5.3.2 Online Sales (Aggregators, Comparison Websites)
    • 5.3.3 Brokers/Agents
    • 5.3.4 Banks (Bancassurance)
  • 5.4 By End-User/Customer Type
    • 5.4.1 Corporate/Employer (Group Plans)
    • 5.4.2 Individual/Families
    • 5.4.3 SME's (Small & Medium-sized Enterprises)
    • 5.4.4 Others
  • 5.5 By Geography
    • 5.5.1 Dubai
    • 5.5.2 Abu Dhabi
    • 5.5.3 Northern Emirates (Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, Fujairah)

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)}
    • 6.4.1 Daman
    • 6.4.2 GIG Gulf (formerly AXA Gulf)
    • 6.4.3 Abu Dhabi National Insurance Company (ADNIC)
    • 6.4.4 Sukoon Insurance (formerly Oman Insurance Company)
    • 6.4.5 MetLife
    • 6.4.6 Cigna
    • 6.4.7 Bupa Global
    • 6.4.8 Orient Insurance
    • 6.4.9 Takaful Emarat Insurance Company
    • 6.4.10 Dubai Insurance Company (DIC)
    • 6.4.11 Emirates Insurance Company (Eminsco)
    • 6.4.12 Al Ain Ahlia Insurance Company
    • 6.4.13 Al Sagr National Insurance Company (ASNIC)
    • 6.4.14 Al Wathba National Insurance Company (AWNIC)
    • 6.4.15 Alliance Insurance
    • 6.4.16 National General Insurance Company (NGI)
    • 6.4.17 Al Buhaira National Insurance Company (ABNIC)
    • 6.4.18 Dubai National Insurance & Reinsurance P.S.C. (DNIRC)
    • 6.4.19 Salama Islamic Arab Insurance Company (P.S.C.)
    • 6.4.20 RAK Insurance (Ras Al Khaimah National Insurance Company)

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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UAE Health And Medical Insurance Market Report Scope

Health and medical insurance cover the expenses that arise due to illness or an accident. It covers the costs related to hospitalization, medicines, doctor's consultations, etc. An understanding of the health and medical insurance market in the UAE, along with the key players, their business models, and detailed market segmentation, is included in this report. Furthermore, key market trends, changes in market dynamics, sizes and forecasts for the various segments, and insights on growth and opportunities are also included in this report. 

The UAE health and medical insurance market can be segmented by product type (single or individual health insurance products, group health insurance products), by provider (public or social health insurance, private health insurance), and by distribution channel (agents, brokers, banks, online sales, and other distribution channels).

 The report offers market size and forecasts for the UAE's health and medical insurance in terms of value (USD) for all the above segments.

By Insurance Type Individual (Retail)
Group (Corporate)
By Service Provider Private Health Insurance Providers
Public/Social Health Insurance Schemes (e.g., Thiqa)
By Distribution Channel Direct Sales (Insurer Websites, Sales Force)
Online Sales (Aggregators, Comparison Websites)
Brokers/Agents
Banks (Bancassurance)
By End-User/Customer Type Corporate/Employer (Group Plans)
Individual/Families
SME's (Small & Medium-sized Enterprises)
Others
By Geography Dubai
Abu Dhabi
Northern Emirates (Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, Fujairah)
By Insurance Type
Individual (Retail)
Group (Corporate)
By Service Provider
Private Health Insurance Providers
Public/Social Health Insurance Schemes (e.g., Thiqa)
By Distribution Channel
Direct Sales (Insurer Websites, Sales Force)
Online Sales (Aggregators, Comparison Websites)
Brokers/Agents
Banks (Bancassurance)
By End-User/Customer Type
Corporate/Employer (Group Plans)
Individual/Families
SME's (Small & Medium-sized Enterprises)
Others
By Geography
Dubai
Abu Dhabi
Northern Emirates (Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, Fujairah)
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Key Questions Answered in the Report

When does mandatory employer-funded health insurance take effect across all UAE emirates?

The mandate applies from 1 January 2025 and requires every private-sector employer to provide at least the basic package priced at AED 320 (USD 87) per employee.

Which region is forecast to grow fastest within the UAE health and medical insurance market?

The Northern Emirates are projected to record a 5% CAGR between 2025 and 2030 as around 3 million new residents gain compulsory coverage.

How are insurers countering high medical inflation in the UAE?

Players embed preventive-wellness riders, negotiated tiered provider networks, and applied data analytics to detect over-utilization, stabilizing premium growth despite the 12.5% inflation rate logged in 2024.

What role does bancassurance play in UAE health insurance distribution?

Bancassurance is the fastest-growing channel, on track for a 12% CAGR, leveraging banks’ branch networks and digital apps to cross-sell policies to salary account holders.

Why is digital health seen as a key growth driver?

Platforms like Allianz Partners’ Lumi reduce clinic visits by offering chat-based triage and teleconsults; such tools raise customer satisfaction and lower claims costs, supporting a 1.8% uplift in forecast market CAGR.

Are Sharia-compliant Takaful health products significant in the market?

Yes, Takaful insurers such as Takaful Emarat achieved 84% revenue growth in 2024 and now account for over 40% of the wider Takaful segment, appealing to consumers seeking cooperative risk-sharing models.