Predict your next investment

Corporation
FINANCIAL | Insurance / Health Insurance
bupa.co.uk

See what CB Insights has to offer

Stage

Acquired | Acquired

About Bupa

Bupa is an international health insurance and care company with services that include travel insurance, health insurance, care homes, health assessments, occupational health services, and childcare.

Bupa Headquarter Location

15-19 Bloomsbury Way

London, England, WC1A 2BA,

United Kingdom

0808 301 5242

Latest Bupa News

Saudi Arabia Health Insurance Industry to 2026 - Featuring Bupa Saudi Arabia, Tawuniya and MedGulf Arabia - ResearchAndMarkets.com

Nov 18, 2021

November 18, 2021 12:34 PM Eastern Standard Time The Saudi Arabia health insurance market reached a value of around US$ 6 Billion in 2020. Health insurance is a type of insurance coverage that periodically charges a sum from the policyholder and pays for medical and surgical expenses incurred by the individual in case of a medical emergency. An efficient health insurance plan includes services such as diagnosis and treatment for chronic illnesses and conditions, psychiatric care, emergency evacuation and transportation, in-patient and out-patient treatment, maternity, dental care, etc. The key health insurance providers in Saudi Arabia are Bupa Saudi Arabia, Tawuniya, MedGulf Arabia, etc. The increasing population and diversification of the nation's economy are among the key factors driving the Saudi Arabia health insurance market. Resulting from the growing industrialization and increasing job opportunities, expatriates from all around the globe are migrating to the country, catalyzing the growth of the healthcare and health insurance sector. Health insurance in Saudi Arabia is oriented towards easing the financial stress that comes with having to pay exorbitant medical bills due to unexpected illness or injury. Additionally, the Saudi Arabian government mandates health coverage for all nationals and non-nationals. The country began implementing the mandatory unified health insurance scheme in July 2016, with the system completely in place since 2017. It is compulsory for all private sector organisations to provide health insurance to their employees as well as their dependants - this includes spouse, unmarried daughters and male children below 25 years of age. Furthermore, factors such as rising population, increasing healthcare expenditures, growing prevalence of various life style diseases, improving healthcare infrastructure, etc. are also catalyzing the growth of the health insurance market in Saudi Arabia. Looking forward, the publisher expects the Saudi Arabia health insurance market to exhibit strong growth during the next five years. Companies Mentioned Key Questions Answered in This Report: How has the Saudi Arabia health insurance market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the Saudi Arabia health insurance market? What is the breakup of the market based on the product type? What is the breakup of the market based on the service provider? What are the various stages in the value chain of the Saudi Arabia health insurance industry? What are the key driving factors and challenges in the Saudi Arabia health insurance industry? What is the structure of the Saudi Arabia health insurance industry and who are the key players? What is the degree of competition in the Saudi Arabia health insurance industry? What are the profit margins in the Saudi Arabia health insurance industry? Key Topics Covered:

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Bupa

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Bupa in 2 CB Insights research briefs, most recently on May 28, 2020.

Expert Collections containing Bupa

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Bupa is included in 1 Expert Collection, including Health Plans & Benefits Management.

H

Health Plans & Benefits Management

698 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.