Reports
Sale
Global Health Insurance Market Size, Share, Growth, Forecast: By Provider: Public, Private; By Insurance Type: Disease Insurance, Medical Insurance, Others; By Insurance Plan: Health Maintenance Organisation (HMO); Others; By Coverage Type; By Demographics; By End User; Regional Analysis; Competitive Landscape; 2024-2032
Health Insurance Market Regional Analysis
The ease in accessibility of multiple health insurance policies in North America is propelling the region to be one of the market leaders in health insurance. The United States is a major contributor to the market for health insurance, as healthcare tends to be expensive and the country offers a favourable landscape with the presence of many major players. Health insurance is also widely provided by employers in the United States as a part of job benefits, further boosting the U.S. health insurance market size.
Meanwhile, the Asia Pacific is expected to register significant growth in the market for health insurance in the upcoming years. This is attributed to the large population and growing economy in countries such as China and India. The growing awareness for health and improving medical infrastructure is bolstering the market in the region.
Health Insurance Market Report Snapshots
Health Insurance Market Growth
Health Insurance Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Health Insurance Market Analysis
8.1 Key Industry Highlights
8.2 Global Health Insurance Historical Market (2018-2023)
8.3 Global Health Insurance Market Forecast (2024-2032)
8.4 Global Health Insurance Market by Provider
8.4.1 Public
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Private
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Health Insurance Market by Insurance Type
8.5.1 Disease Insurance
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Medical Insurance
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Others
8.6 Global Health Insurance Market by Insurance Plan
8.6.1 Health Maintenance Organisation (HMO)
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Preferred Provider Organisation (PPO)
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Exclusive Provider Organisation (EPO)
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Point of Service (POS)
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Health Savings Account (HSA)
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Health Insurance Market by Coverage Type
8.7.1 Lifetime Coverage
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Term Coverage
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Health Insurance Market by Demographics
8.8.1 Minors
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Adults
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Senior Citizens
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.9 Global Health Insurance Market by End User
8.9.1 Corporates
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Individual
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Others
8.10 Global Health Insurance Market by Region
8.10.1 North America
8.10.2 Europe
8.10.3 Asia Pacific
8.10.4 Latin America
8.10.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 AWP Health & Life SA
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 United HealthCare Services, Inc.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Anthem Insurance Companies, Inc.
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Aetna Inc.
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Centene Corporation
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Assicurazioni Generali S.P.A
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Life Insurance Corporation of India
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 The Cigna Group
11.2.8.1 Company Overview
11.2.8.2 Product Portfolio
11.2.8.3 Demographic Reach and Achievements
11.2.8.4 Certifications
11.2.9 Health Care Service Corporation
11.2.9.1 Company Overview
11.2.9.2 Product Portfolio
11.2.9.3 Demographic Reach and Achievements
11.2.9.4 Certifications
11.2.10 Humana Inc.
11.2.10.1 Company Overview
11.2.10.2 Product Portfolio
11.2.10.3 Demographic Reach and Achievements
11.2.10.4 Certifications
11.2.11 Others
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Health Insurance Market: Key Industry Highlights, 2018 and 2032
2. Global Health Insurance Historical Market: Breakup by Provider (USD Billion), 2018-2023
3. Global Health Insurance Market Forecast: Breakup by Provider (USD Billion), 2024-2032
4. Global Health Insurance Historical Market: Breakup by Insurance Type (USD Billion), 2018-2023
5. Global Health Insurance Market Forecast: Breakup by Insurance Type (USD Billion), 2024-2032
6. Global Health Insurance Historical Market: Breakup by Insurance Plan (USD Billion), 2018-2023
7. Global Health Insurance Market Forecast: Breakup by Insurance Plan (USD Billion), 2024-2032
8. Global Health Insurance Historical Market: Breakup by Coverage Type (USD Billion), 2018-2023
9. Global Health Insurance Market Forecast: Breakup by Coverage Type (USD Billion), 2024-2032
10. Global Health Insurance Historical Market: Breakup by Demographics (USD Billion), 2018-2023
11. Global Health Insurance Market Forecast: Breakup by Demographics (USD Billion), 2024-2032
12. Global Health Insurance Historical Market: Breakup by End User (USD Billion), 2018-2023
13. Global Health Insurance Market Forecast: Breakup by End User (USD Billion), 2024-2032
14. Global Health Insurance Historical Market: Breakup by Region (USD Billion), 2018-2023
15. Global Health Insurance Market Forecast: Breakup by Region (USD Billion), 2024-2032
16. North America Health Insurance Historical Market: Breakup by Country (USD Billion), 2018-2023
17. North America Health Insurance Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Europe Health Insurance Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Europe Health Insurance Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Asia Pacific Health Insurance Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Asia Pacific Health Insurance Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Latin America Health Insurance Historical Market: Breakup by Country (USD Billion), 2018-2023
23. Latin America Health Insurance Market Forecast: Breakup by Country (USD Billion), 2024-2032
24. Middle East and Africa Health Insurance Historical Market: Breakup by Country (USD Billion), 2018-2023
25. Middle East and Africa Health Insurance Market Forecast: Breakup by Country (USD Billion), 2024-2032
26. Global Health Insurance Market Structure
Key Questions Answered in the Report
In 2023, the global market for health insurance attained a value of approximately USD 1.58 trillion.
The market is projected to grow at a CAGR of 6.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 2.70 trillion by 2032.
The major market drivers include increasing global population, improving consumer living standards, rising health awareness, high costs of medical facilities and treatments, and improving accessibility to medical insurance.
The key health insurance market trends include the growing geriatric population, improvements in healthcare infrastructure, and availability of specialised health insurances policies.
The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The significant health insurance providers in the market are public and private.
The various insurance types in the market for health insurance include disease insurance, and medical insurance, among others.
The different insurance plans in the market for health insurance include health maintenance organisation (HMO), preferred provider organisation (PPO), exclusive provider organisation (EPO), point of service (POS), and health savings account (HAS), among others.
The leading coverage types of health insurance in the market include lifetime coverage and term coverage.
The major demographics in the market for health insurance are minors, adults, and senior citizens.
The significant end users of health insurance in the market include corporates, and individual, among others.
The major players in the market, according to the report, are AWP Health & Life SA, United HealthCare Services, Inc., Anthem Insurance Companies, Inc., Aetna Inc., Centene Corporation, Assicurazioni Generali S.P.A, Life Insurance Corporation of India, The Cigna Group, Health Care Service Corporation, and Humana Inc., among others.
Analyst Review
The global health insurance market attained a value of approximately USD 1.58 trillion in 2023, driven by the growing elderly population, which are prone to various chronic and acute health conditions. Aided by the rising health awareness among individuals and improved accessibility to health insurance, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.2%. The market is projected to reach a value of around USD 2.70 trillion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. By provider, the market is classified into public and private. Based on insurance type, the market is segmented into disease insurance, and medical insurance, among others. By insurance plan, the market is divided into health maintenance organisation (HMO), preferred provider organisation (PPO), exclusive provider organisation (EPO), point of service (POS), and health savings account (HAS), among others. By coverage type, the market is bifurcated into lifetime coverage and term coverage. On the basis of demographics, the market is segmented into minors, adults, and senior citizens. Based on end user, the market is classified into corporates, and individual, among others.
The major regional markets for health insurance are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific. The key players in the above market include AWP Health & Life SA, United HealthCare Services, Inc., Anthem Insurance Companies, Inc., Aetna Inc., Centene Corporation, Assicurazioni Generali S.P.A, Life Insurance Corporation of India, The Cigna Group, Health Care Service Corporation, and Humana Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Datasheet
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER