Global Health and Medical Insurance Market Size, Status and Forecast 2020-2026
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%.
Market Analysis and Insights: Global Health and Medical Insurance Market
In 2019, the global Health and Medical Insurance market size was US$ 713.3 million and it is expected to reach US$ 1007.5 million by the end of 2026, with a CAGR of 5.0% during 2021-2026.
Global Health and Medical Insurance Scope and Market Size
Health and Medical Insurance market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Health and Medical Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Health and Medical Insurance market is segmented into Individual/Family Health Insurance Products, Group Health Insurance Products, etc.
Segment by Application, the Health and Medical Insurance market is segmented into Comprehensive Plan, Treatment and Care, Other (Dental, Child, etc.), etc.
Regional and Country-level Analysis
The Health and Medical Insurance market is analysed and market size information is provided by regions (countries).
The key regions covered in the Health and Medical Insurance market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.
Competitive Landscapeand Health and Medical Insurance Market Share Analysis
Health and Medical Insurance market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Health and Medical Insurance business, the date to enter into the Health and Medical Insurance market, Health and Medical Insurance product introduction, recent developments, etc.
The major vendors include Anthem, UnitedHealth Group, DKV, BUPA, Chinalife, Aetna, PICC, PingAn, Star Health & Allied Insurance, Cigna, Essential Med, Kunlun, etc.
This report focuses on the global Health and Medical Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Health and Medical Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Star Health & Allied Insurance
Market segment by Type, the product can be split into
Individual/Family Health Insurance Products
Group Health Insurance Products
Individual/family health insurance product is the most widely used type which takes up about 2/3 of the total market share in 2018.
Market segment by Application, split into
Treatment and Care
Other (Dental, Child, etc.)
Health and medical insurance have wide range of applications, such as comprehensive plan, treatment and care, etc. And comprehensive plan was the most widely used area which took up about 42% of the global market share in 2018.
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Health and Medical Insurance status, future forecast, growth opportunity, key market and key players.
To present the Health and Medical Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.
In this study, the years considered to estimate the market size of Health and Medical Insurance are as follows:
History Year: 2015-2019
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.