Health and Medical Insurance Providers: Global Markets

Report Code: HLC212B

Publish Date: Jun 2024

Publisher: BCC Publishing

Category: Health Maintenance

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Report Highlights

The global market for health and medical insurance providers is expected to grow from $2.2 trillion in 2023 to $3.4 trillion by the end of 2028, at a compound annual growth rate (CAGR) of 8.9% during the forecast period of 2023 to 2028.

Report Includes

  • 35 data tables and 33 additional tables
  • An overview of the global market for health and medical insurance providers
  • Analysis of global market trends, featuring market revenue for 2020-2022, estimated figures for 2023, and projected CAGRs through 2028
  • Evaluation of the current market’s size and revenue growth prospects specific to health and medical insurance providers, along with a market share analysis by provider type (segment) and region
  • Discussion of the market opportunities and market outlook for major listed companies and their strategies
  • Market share analysis of key companies and an assessment of the competitive landscape
  • Profiles of leading corporations, including UnitedHealth Group, Elevance Health, Centene Corp., Allianz and AXA Worldwide

Report Scope

This research report categorizes the health and medical insurance providers market by type. Provider types include agents and brokers, direct writing, and bancassurance (a partnership between banks and insurance companies) and others.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $2.1 Trillion
Market size forecast $3.4 Trillion
Growth rate CAGR of 8.9% from 2023 to 2028
Units considered $ Billions
Segments covered Provider Type and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Drivers
  • Rising prevalence of chronic and infectious diseases
  • Health insurance reforms
  • Increasing aged population
  • Economic growth
Companies studied
AIA GROUP LTD.ALLIANZ
APRILAXA
BUPA GLOBALCENTENE CORP.
ELEVANCE HEALTHHUMANA
NOW HEALTH INTERNATIONALSWISS RE
THE CIGNA GROUPUNITEDHEALTH GROUP
WILLIAM RUSSELL
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Frequently Asked Questions (FAQs)

The global market for health and medical insurance providers was valued at $2.1 trillion in 2022. The market is expected to grow at a CAGR of 8.9% to reach $3.4 trillion by 2028.
The growth of the global market is attributed to factors such as increasing chronic diseases, health insurance reforms, increasing geriatric population and economic growth.
The market scope in this report is segmented into product type and region. The product type of health and medical insurance providers is further segmented into agents and brokers, direct writing, and bancassurance and others.
The agents and brokers segment will dominate the market for health and medical insurance providers, but direct writing will grow in the future.
The North American market for health and medical insurance providers was valued at $1.4 trillion in 2022, growing at a CAGR of 9.0% during the forecast period.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Consulting Editor’s Credentials

Melissa Dueck brings more than 25 years of health industry experience to the consulting analyst role with expertise in pharmaceuticals, medical technologies, and hospital operations. Ms. Dueck holds an MBA in Health Care Management, an MPH in Global Health, and is a pending doctoral candidate. She has authored several industry-specific documents and is a well-respected, trusted contributor to the market intelligence community. Her writings are published in magazines, newspapers, and professional journals. She is also an experienced custom market research writer who has worked with a large variety of clients in many fields who require innumerable variations to research documents. Ms. Dueck serves the health and medical community through emergency room medical training, healthcare information system coordination, program implementation and evaluations, and strategic business oversight planning.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Health and Medical Insurance Providers: Global Markets74Free
Chapter- 1: Executive Summary3Free
Chapter- 2: Market Overview1Free
Chapter- 3: Market Dynamics15Free
Chapter- 4: Market Trends2Free
Chapter- 5: Market Segmentation Analysis13Free
Chapter- 6: Competitive Landscape2Free
Chapter- 7: ESG Developments4Free
Chapter- 8: Appendix34Free
Published - Jan-2018| Analyst - BCC Research Reference Staff| Code - HLC212A

Report Highlights

The global market for health and medical insurance providers reached $1.1 trillion in 2016. This market is estimated to reach $1.6 trillion in 2020 from $1.2 trillion in 2017 at a compound annual growth rate (CAGR) of 8.6% for 2016-2020. 

Report Includes:

  • 97 data tables and 1 additional table
  • An overview of the global market for health and medical insurance providers
  • Analyses of global market trends, with data from 2012 to 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2020
  • Market breakdowns by segment, region, and country
  • Insight into market drivers and restraints
  • Discussion of key mergers and acquisitions
  • A look into the competitive landscape of the industry, including: UnitedHealth Group, Anthem Inc., Allianz SE, Aetna Inc., Humana Inc.

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Health and Medical Insurance Providers: Global Markets
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