Global Health Insurance Market Growth (Status and Outlook) 2023-2029

Global Health Insurance Market Growth (Status and Outlook) 2023-2029

Health insurance is a means for financing a person’s health care expenses. While the majority of people have private health insurance, primarily through an employer, many others obtain coverage through programs offered by the government. Other individuals do not have health insurance at all.

Health insurance is a type of insurance coverage that covers the cost of an insured individual's medical and surgical expenses. Depending on the type of health insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provider.

LPI (LP Information)' newest research report, the “Health Insurance Industry Forecast” looks at past sales and reviews total world Health Insurance sales in 2022, providing a comprehensive analysis by region and market sector of projected Health Insurance sales for 2023 through 2029. With Health Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Health Insurance industry.

This Insight Report provides a comprehensive analysis of the global Health Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Health Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Health Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Health Insurance and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Health Insurance.

The global Health Insurance market size is projected to grow from US$ 27280 million in 2022 to US$ 140250 million in 2029; it is expected to grow at a CAGR of 26.3% from 2023 to 2029.

Asia-Pacific is the largest Health Insurance market with about 30% market share. North America is follower, accounting for about 28% market share.

The key players are Anthem, UnitedHealth Group, DKV, BUPA, Kaiser Permanente, Aetna Inc, PICC, PingAn, Kunlun etc. Top 3 companies occupied about 19% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Health Insurance market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Insured Liability

Payment Method

Segmentation by application

Personal

Enterprise

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Anthem

UnitedHealth Group

DKV

BUPA

Kaiser Permanente

Aetna Inc

PICC

PingAn

Kunlun

Please note: The report will take approximately 2 business days to prepare and deliver.