Insurance experts believe that this development not only increases the market size but also enhances healthcare quality and sustainability, accelerates the growth of medical tourism, and supports the UAE's Vision 2031. Experts and insurance brokers in the United Arab Emirates have confirmed that the health insurance market is entering a growth phase driven by the expansion of mandatory coverage and the rapid shift towards digital medicine. Experts predict that the UAE's health insurance market will reach AED 40.37 billion in 2026, with an annual growth rate of 6% to 9%, and will rise to approximately AED 49.91 billion by 2030, achieving an average annual growth rate of about 7.8%. The digital transformation will be essential, with a rapid growth expected due to health technologies.
UAE Health Insurance Market Poised for Significant Growth
Experts predict the UAE's health insurance market will reach AED 40.37 billion by 2026 and nearly AED 50 billion by 2030. The growth will be driven by expanded mandatory coverage and the shift to digital medicine, improving healthcare quality and accelerating medical tourism.