Global Health and Medical Insurance Market Growth (Status and Outlook) 2025-2031

Global Health and Medical Insurance Market Growth (Status and Outlook) 2025-2031

The global Health and Medical Insurance market size is predicted to grow from US$ 851 million in 2025 to US$ 1152 million in 2031; it is expected to grow at a CAGR of 5.2% from 2025 to 2031.

Health insurance is a means for financing a person’s health care expenses.

North America is the largest region of health and medical insurance in the world in the past few years and it will keep increasing in the next few years. North America market took up about 36.3% the global market in 2018, while Europe and APAC were about 29.7%, 23.8%.

LPI (LP Information)' newest research report, the “Health and Medical Insurance Industry Forecast” looks at past sales and reviews total world Health and Medical Insurance sales in 2024, providing a comprehensive analysis by region and market sector of projected Health and Medical Insurance sales for 2025 through 2031. With Health and Medical Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Health and Medical Insurance industry.

This Insight Report provides a comprehensive analysis of the global Health and Medical 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 analyses the strategies of leading global companies with a focus on Health and Medical Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Health and Medical Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Health and Medical 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 and Medical Insurance.

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

Segmentation by Type:
Individual/Family Health Insurance Products
Group Health Insurance Products

Segmentation by Application:
Comprehensive Plan
Treatment and Care
Other (Dental, Child, etc.)

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
Chinalife
Aetna
PICC
PingAn
Star Health & Allied Insurance
Cigna
Essential Med
Kunlun