"The
Report Middle East Health Insurance Market: Trends &
Opportunities (2015-2019) provides information on pricing, market
analysis, shares, forecast, and company profiles for key industry
participants. - MarketResearchReports.biz"
MarketResearchReports.biz
has announced the addition of a research report, titled “Middle
East Health Insurance Market:
Trends & Opportunities (2014-2019)” to its large database. The
report offers qualitative and quantitative insight into the health
insurance industry of the Middle East countries. The report
extensively covers markets in GCC countries, which are the U.A.E,
Qatar, Saudi Arabia, Oman, Kuwait, and Bahrain.
The
report reviews the various trends and opportunities in the health
insurance industry in the Middle East and estimates the future of the
market based on them. It segments the market based on various
criteria and analyzes them in terms of volume as well as value. It
provides a comprehensive study of the distribution structure and
capabilities of key players. The key players profiled in the report
are Bupa Arabia, Abu Dhabi National Insurance Company, Dhofar
Insurance Company, Bahrain National Holding Company, Qatar General
Insurance and Reinsurance Company, and Gulf Insurance and Reinsurance
Company.
The
health insurance sector is gradually gaining momentum and is becoming
a vital part of the non-life insurance landscape in the Middle East
region. The foremost force behind the remarkable growth of the sector
over the past few years is the implementation of schemes demanding
compulsory health insurance in various jurisdictions.
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Sample Copy Of This Report @
The
rapidly rising population and improving economic conditions are among
the primary factors augmenting the Middle East health insurance
market. The improving healthcare infrastructure along with increasing
spending on healthcare are also providing a fillip to the market in
the Middle East. Moreover, the rising awareness regarding the merits
of getting health insurance is driving the market. Additionally, the
burgeoning efforts by market players to increase awareness regarding
their offerings and make it as transparent as possible is working in
favor of the market. The integration of solutions through cloud
computing, data analytics, and other modeling techniques is also
escalating the growth of the market.
Despite
an array of drivers, the growing premium costs are leading to
unwillingness among people to opt for health insurance. Furthermore,
the cyber risk mismanagement puts the personal data of consumers at
stake, which inculcates a sense of skepticism among consumers and
adversely affects the rate of adoption of insurance policies, thereby
hampering the growth of the market. Besides this, inadequate
regulatory framework, intensifying competition among market players,
and fluctuating interest rates are acting as bottlenecks in the
growth of the market in the Middle East.
View Press Release @
http://www.marketresearchreports.biz/pressrelease/4507
The
U.A.E and Saudi Arabia are the most promising markets for health
insurance in the Middle East countries. The sizable population, which
chiefly includes expatriates and a receptive local community, renders
Saudi Arabia and the U.A.E highly attractive markets. Moreover, the
rising per capita incomes of people in these countries are making it
possible for them to pay hefty premiums.
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