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The global health insurance market is predicted to witness a compound annual growth rate of 3.52% during the forecast period to reach a total market size of US$1218.93 billion by 2023, increasing from US$990.45 billion in 2017.The market is segmented by Type, Service Sector, and by Geography with country-level analysis.
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Health Insurance Market Forecast From 2019 to 2024
DESCRIPTION The global health insurance market is predicted to witness a compound annual growth rate of 3.52% during the forecast period to reach a total market size of US$1218.93 billion by 2023, increasing from US$990.45 billion in 2017. Health Insurance is an insurance solution that provides for the medical and surgical expenses of a person who has taken this policy. It functions in two ways either it provides reimbursement of the expenditure incurred due to illness or injury or it pays a specific amount directly to the care provider. The increase in medical costs or medical care expenses globally is driving the market for health insurance.
Key Questions Answered By The Report • What will be Health Insurance Market from 2019 to 2024? • How are the major drivers and restraints affecting the Health Insurance Market. • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Health Insurance Market are : • By Type • Health Maintenance Organization (HMO) plans • Preferred Provider Organization (PPO) plans • Exclusive Provider Organization (EPO) plans • Others • By Service Provider • Private Sector • Public Sector • Stand-alone Insurers
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES • Zurich • United HealthCare Services, Inc. • Aviva • AXA • Allianz • AIA Group Limited • China Life Insurance(Group) Company • Blue Cross Blue Shield Association • ASSICURAZIONI GENERALI S.P.A • Japan Post Holdings Co.,Ltd.
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