U.K. Health Insurance Market - Industry Trends and Forecast to 2029

U.K. Health Insurance Market - Industry Trends and Forecast to 2029

U.K. health insurance market is projected to register a CAGR of 4.7% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029.

Market Segmentation

U.K. Health Insurance Market, By Type (Product, Solutions), Services (Inpatient Treatment, Outpatient Treatment, Medical Assistance, and Others), Level of Coverage (Bronze, Silver, Gold, and Platinum), Service Providers (Public Health Insurance Providers, Private Health Insurance Providers), Health Insurance Plans (Point of Service (POS), Exclusive Provider Organization (EPOS), Indemnity Health Insurance, Health Savings Account (HSA), Qualified Small Employer Health Reimbursement Arrangements (QSEHRAS), Preferred Provider Organization (PPO), Health Maintenance Organization (HMO), and Others), Demographics (Adults, Minors, and Senior Citizens), Coverage Type (Lifetime Coverage, Term Coverage), End User (Corporates, Individuals, and Others) Distribution Channel (Direct Sales, Financial Institutions, E-commerce, Hospitals, Clinics, and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, Israel, South Africa, and Rest of Middle East and Africa) Industry Trends and Forecast to 2029

Some of the major factors contributing to the growth of the market are:
• Increasing cost of medical services
• Growing number of daycare procedures

Market Players

Some of the major players operating in the U.K. health insurance market are:
• Cigna
• AVIVA
• ALLIANZ CARE
• AXA
• BUPA
• American International Group, Inc.
• Vitality
• FREEDOM HEALTH INSURANCE
• Pru Life UK
• SAGA
• General and Medical Finance Ltd
• Exeter Family Friendly

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