Press release
Health Insurance Market Sales Growing $4,475 Billion by 2026, at 4.4% Growth Rate
Health Insurance
According to the report, the global health insurance industry size was estimated at $3,153 billion in 2018 and is expected to garner $4,475 billion by 2026, registering a CAGR of 4.4% during the forecast period. The report offers a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
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The public service providers segment to dominate by 2026-
The public service providers segment contributed to more than half of the total market share in 2018 and is expected to retain its top status during the forecast period. The private service providers segment, on the other hand, is projected to grow at the fastest CAGR of 4.5% by 2026.
The medical insurance segment to rule the roost-
The medical insurance segment garnered the lion’s share in 2018, holding more than two-fifths of the total market. Simultaneously, the income protection segment would cite the fastest CAGR of 4.9% during the estimated period.
North America to lead the trail in terms of revenue-
Based on geography, North America accounted for nearly one-third of the total market revenue in 2018 and is expected to retain its dominance throughout 2019–2026. Simultaneously, the Asia-Pacific region is would register the fastest CAGR of 4.9% till 2026.
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Money Makers:
Dai-ichi Life Holdings, Inc.
New York Life Insurance Company
Prudential plc
Kaiser Foundation Group of Health Plans
Life Insurance Corporation of India
Nippon Life Insurance Company
Berkshire Hathaway Inc.
Related News: https://www.fintechnews.org/helpful-tips-for-choosing-health-insurance-plan-to-save-more-than-just-a-few-bucks/
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