Health insurance

Analysis, forecast, competitive landscape, opportunities 2016-2026


DUBLIN, January 6, 2022 / PRNewswire / – The “Global Health Insurance Market, By Type of Insurance Provider (Public, Private, Self-Employed), By Type of Coverage (Individual vs. Family), By Length of Coverage, By Mode of Purchase, by End Users report, by Region, Competition, Forecast and Opportunity, 2026 “has been added to ResearchAndMarkets.com offer.

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The global health insurance market has been assessed 1721 billion USD in 2020 and is expected to grow at a CAGR of 8.55%.

The global health insurance market is driven by the increasing prevalence of chronic diseases such as diabetes, cardiovascular disease, kidney disease, cancer, among others, and has dramatically increased the number of patients and the rate of hospitalization. .

This in turn increases the health care costs incurred by patients, thus increasing the demand for health policies covering serious illnesses and treatment. In addition, mandates regarding the health insurance of employees from different private and public sectors are further expected to fuel the growth of the market.

In addition, the sudden outbreak and spread of the COVID-19 pandemic has prompted many health insurance companies to expand disease coverage in health insurance policies, especially in health insurance companies. United States. In addition, Chinese health insurance companies are now covering the sequelae of COVID-19 in their insurance plans, as the disease has been identified to cause long-term organ damage.

Moreover, the adoption of advanced techniques and treatment options in the healthcare industry is further expected to create lucrative opportunities for market growth till 2026F.

The unhealthy lifestyles of the people have resulted in an increase in the number of people suffering from chronic diseases and an increase in the number of road accidents, as well as health costs such as high costs of drugs, among others. The expansion of the global health insurance market has been fueled by rising GDP in many countries. The increase in demand for health insurance has resulted from the rising costs of health care and quality medical services, especially in private hospitals.

The global health insurance market is segmented into type of insurance provider, type of coverage, duration of coverage, method of purchase, end users, company and region. Based on the type of insurance providers, the global health insurance market can be categorized into public, private, and stand-alone health insurers.

Of these, the public segment is expected to dominate the market as they offer affordable treatment options that do not include additional deductibles. Based on the duration of the hedge, the market can be grouped into lifetime and duration. Among these, the life segment is expected to dominate the market due to the increasing prevalence of chronic diseases.

Asia Pacific The overall health insurance market is expected to experience significant growth due to increasing healthcare spending and expensive healthcare facilities in the region. In addition, the growing demand for health insurance policies, especially in countries like China and India, is expected to stimulate the market in highly populated countries over the next few years.

The major players operating in the global health insurance market include

Scope of the report:

Years considered for this report:

Global Health Insurance Market, By Insurance Provider Type:

Global Health Insurance Market, By Cover Type:

Global health insurance market, by duration of coverage:

Global Health Insurance Market, By Purchase Method:

Global Health Insurance Market, By End Users:

  • Adults

  • Minors

  • The elderly

Global Health Insurance Market, By Region:

  • North America

  • United States

  • Canada

  • Mexico

  • Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

  • Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Netherlands

  • South America

  • Brazil

  • Argentina

  • Colombia

  • Middle East & Africa

  • Saudi Arabia

  • United Arab Emirates

  • South Africa

  • Kuwait

For more information on this report, visit https://www.researchandmarkets.com/r/xakp89

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SOURCE Research and Markets