Health Insurance Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Health Insurance Market Size was valued at USD 1.4 trillion in 2018 and is expected to witness a 4% CAGR from 2021 to 2027.

Health insurance provides policyholders with financial coverage of medical bills when hospitalized. Medical bills are incurred due to the cost and treatment of a doctor’s consultation for illness, injury, and other mental and physical disabilities. Health insurance provides coverage for such medical expenses in exchange for monthly premiums or payroll taxes to provide medical benefits. Insurance companies are responsible for paying the policyholder’s medical expenses up to the term of the insurance contract. Depending on the insurance, coverage may vary depending on various factors such as illness, age group, and government policy.

Health Insurance Market Segments:

By Provider

• Private Providers
• Public Providers 

By Insurance Type

• Disease Insurance 
• Medical Insurance
• Income Protection Insurance

By Coverage Type 

• Lifetime Coverage 
• Term Coverage

By Network

• Preferred Provider Organizations (PPOs)
• Point of Service (POS)
• Health Maintenance Organizations (HMOs)
• Exclusive Provider Organizations (EPOs)

Key Players

Some of the prominent industry participants in health insurance market share includes Anthem Health Insurance, Aetna, Blue Cross Blue Shield Companies, Cigna, Highmark, HCSC, Humana, Kaiser Permanente, Wellcare and United Healthcare.

Scope of the Report

The research study analyzes the global Health Insurance industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Health Insurance Market Report

1. What was the Health Insurance Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027). 2. What will be the CAGR of the Health Insurance Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Health Insurance Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.