The global health insurance market size reached US$ 1,835.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3,208.4 Billion by 2032, exhibiting a growth rate (CAGR) of 6.2% during 2024-2032.
More Info:- https://www.imarcgroup.com/health-insurance-market
2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Health Insurance
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2024-2032," the global health insurance market size reached US$
1,835.9 Billion in 2023.
Health insurance provides coverage for medical and surgical expenses incurred
from injury or illness. It covers various treatment expenditures partly or
entirely, such as hospitalization costs, medicines, doctor consultation fees,
ambulance charges, and daycare.
Health insurance offers a cashless medical treatment facility, tax benefits, and
quicker reimbursements during emergencies. These plans are generally offered
by an employer, wherein premiums are partially paid by employees and the rest
is covered by the company.
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insurance-market/requestsample
4. Report Description
Global Health Insurance Market Trends:
The increasing prevalence of chronic diseases, especially amongst the geriatric population, and inflating costs of
healthcare services are primarily driving the global health insurance market growth. Governments of various
nations are enforcing laws to provide health insurance to tourists, which is acting as another growth-inducing
factor.
Moreover, rapid technological advancements and digitization in healthcare processes, such as the adoption of
cloud-based services and high-speed internet, have enabled transparent communication between involved parties,
which is further fueling the market growth. The sudden outbreak of the coronavirus disease (COVID-19) has led
several companies to cover the expenses incurred by employees during the treatment of this disease, which, in
turn, is creating a positive outlook for the market.
Looking forward, the market is expected to grow at a CAGR of 6.2% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/health-insurance-market
5. Report
Segmentation
Breakup by Provider:
• Private Providers
• Public Providers
Breakup by Type:
• Life-Time Coverage
• Term Insurance
Breakup by Plan Type:
• Medical Insurance
• Critical Illness Insurance
• Family Floater Health Insurance
• Others
Breakup by Demographics:
• Minor
6. Report
Segmentation
• Adults
• Senior Citizen
Breakup by Provider Type:
• Preferred Provider Organizations (PPOs)
• Point of Service (POS)
• Health Maintenance Organizations (HMOs)
• Exclusive Provider Organizations (EPOs)
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• Aetna Inc. (CVS Health Corporation)
• AIA Group Limited
• Allianz SE
• Aviva Plc
• Berkshire Hathaway Inc.
• Cigna Corporation
• International Medical Group Inc. (Sirius
International Insurance Group Ltd.)
• Prudential Plc
• United Health Group Inc.
• Zurich Insurance Group AG
8. Key Questions
Answered in
the Report
What is the size of the global health insurance market?
What is the expected growth rate of the global health
insurance market?
What are the key factors driving the global health insurance
market?
What has been the impact of COVID-19 on the global health
insurance market?
What is the breakup of the global health insurance market
based on the provider?
What is the breakup of the global health insurance market
based on the type?
What is the breakup of the global health insurance market
based on the plan type?
9. Key Questions
Answered in
the Report
What is the breakup of the global health insurance market
based on the demographics?
What is the breakup of the global health insurance market
based on the provider type?
What are the key regions in the global health insurance
market?
Who are the key players/companies in the global health
insurance market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Health Insurance Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Provider
6.1 Private Providers
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Public Providers
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Type
7.1 Lif e-Time Coverage
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
11. Table of
Contents
7.2 Term Insurance
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
8 Market Breakup by Plan Type
8.1 Medical Insurance
8.1.1 Market Trends
8.1.2 Mark et Forecast
8.2 Critical Illness Insurance
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Family Floater Health Insurance
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Mark et Forecast
9 Market Breakup by Demographics
9.1 Minor
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
9.2 Adults
9.2.1 Mark et Trends
9.2.2 Mark et Forecast
9.3 Senior Citizen
9.3.1 Mark et Trends
9.3.2 Mark et Forecast
10 Market Breakup by Provider Type
10.1 Preferred Provider Organizations (PPOs)
10.1.1 Mark et Trends
10.1.2 Mark et Forecast
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https://www.imarcgroup.com/health -insurance-market/toc