The GCC healthcare market is projected to grow at an annual rate of 12 percent to US$69.4 billion by 2018 from an estimated US$39.4 billion in 2013. Outpatient and inpatient markets are expected to account for 79 percent and 21 percent, respectively, of the overall market size, according to Middle East investment bank, Alpen Capital. Thus, prospects are bright for insurance companies offering health insurance in the region.