Press release
Health Insurance Market is likely to generate $4,475 Billion by 2026, at 4.4% CAGR
Surge in healthcare expenses, provisions related to healthcare insurance for public & private sectors, and increase in chronic diseases propel the growth of the global health insurance market. However, stringent regulations, huge time required for claim reimbursement, and lack of healthcare insurance awareness in rural regions restrain the market growth. On the other hand, innovations related to healthcare insurance products would offer lucrative opportunities in coming years.The global health insurance market generated $3,153 billion in 2018, and is estimated to reach $4,475 billion by 2026, growing at a CAGR of 4.4% from 2019 to 2026. The research offers a detailed analysis of changing market trends, top investment pockets, major segments, and the competitive landscape.
Download Sample Report: https://www.alliedmarketresearch.com/request-sample/4338
Based on provider, the public service providers segment accounted for the highest share in 2018, contributing for more than half of the total market, due to lesser administrative costs offered in comparison to private health insurance providers. However, the private service providers segment is expected to grow at the fastest CAGR of 4.5% from 2019 to 2026, owing to private providers offering quick referral to consultants, availability of advanced treatment options, and flexible treatment time provided in private hospitals.
Based on insurance type, the medical insurance segment held the major share of the market in 2018, accounting for more than two-fifths of the global health insurance market. This is due to high costs incurred to expensive surgeries and rise in a number of road accidents. On the other hand, the income protection segment is expected to register the highest CAGR of 4.9% during the forecast period. This is due to provisions related to income protection insurance carried out in developed countries.
Based on region, North America accounted for the highest share in 2018, holding nearly one-third of the total market, owing to increase in adoption of private insurance and rise in population going through chronic illness. However, Asia-Pacific is expected to witness the highest CAGR of 4.9% from 2019 to 2026, owing to rise in awareness about benefits of healthcare insurance.
Enquire For Discount: https://www.alliedmarketresearch.com/purchase-enquiry/4338
Industry Money Makers:
Allianz Group
AIA Group Limited
Assicurazioni Generali S.p.A.
AXA Equitable Life Insurance Company
Anthem, Inc.
Munich Re
China Life Insurance Company Limited
State Farm Group
Ping An Insurance (Group) Company of China, Ltd.
Zurich Insurance Group.
Related Reports:
Auto Insurance Market:
https://www.alliedmarketresearch.com/auto-insurance-market
Pet Insurance Market:
https://www.alliedmarketresearch.com/pet-insurance-market
Specialty Insurance Market:
https://www.alliedmarketresearch.com/specialty-insurance-market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Health Insurance Market is likely to generate $4,475 Billion by 2026, at 4.4% CAGR here
News-ID: 1942454 • Views: …
More Releases from Allied Market Research
Hotel Toiletries Market Revenue is expected to Surpass $50.5 billion by 2031
The hotel toiletries market was valued at $17.9 billion in 2021, and is estimated to reach $50.5 billion by 2031, growing at a CAGR of 10.8% from 2022 to 2031.
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/75060
There is a greater demand for hotel toiletries with the growth of the tourism industry and the rise in international travel. Improved transportation, economic growth, globalization, technology advancements, and other initiatives have…
False Lashes Market to Grow at a CAGR of 6.5% and will Reach USD 2.4 billion by …
According to a new report published by Allied Market Research, titled, "False Lashes Market," The false lashes market size was valued at $1.3 billion in 2021, and is estimated to reach $2.4 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/6826
False lashes are for people with short or thin eyelashes. They consist of synthetic or human…
Tourism Source Market Size Worth USD 1.1 Trillion by 2032 | Growth Rate (CAGR) o …
The Tourism Source Market Size was valued at $599.40 billion in 2022, and is estimated to reach $1.1 Trillion by 2032, growing at a CAGR of 6.6% from 2023 to 2032.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/6807
Traveling to other locations for pleasure, recreation, or business is referred to as tourism. It entails travelling to and taking in a variety of locations, points of interest, and cultural…
Music Event Market is poised to reach USD 775.7 billion, growing at a 10.2% CAGR …
The music event market size was valued at $250.80 billion in 2023, and is estimated to reach $775.7 billion by 2035, growing at a CAGR of 10.2% from 2024 to 2035.
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/A08029
Music events are live or virtual gatherings where performers showcase their musical talent to audiences, serving as a pillar of the entertainment industry. These events have various formats,…
More Releases for Insurance
Renters Insurance Market Dazzling Worldwide with Major Giants Travelers Insuranc …
According to HTF Market Intelligence, the Global Renters Insurance market to witness a CAGR of xx% during the forecast period (2024-2030). The Latest research study released by HTF MI "Renters Insurance Market with 120+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint, and status. Understanding the segments helps in identifying…
Renters Insurance Market to See Competition Rise | Travelers Insurance, Geico In …
HTF MI introduces new research on Renters Insurance covering the micro level of analysis by competitors and key business segments (2023-2029). The Renters Insurance explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled…
Insurance Road Assistance Services Market Is Booming Worldwide | Travelers Insur …
Insurance Road Assistance Services Market: The extensive research on Insurance Road Assistance Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Insurance Road Assistance Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the…
Agriculture Crop Insurance Market Type (MPCI Insurance, Hail Insurance, Livestoc …
Agriculture Crop Insurance market worldwide Agriculture is an important contributor to any economy. The extensive use of crops for direct human consumption and industrial processes has resulted in increasing the pressure on the existing supply demand gap. Increasing need for food security is expected to augment the demand for insurance policies. The two major risks in agricultural sector are price risk, caused due to volatility in prices in the market…
Household Insurance Market By Key Players: Discount Insurance Home Insurance, On …
Household Insurance Industry Overview
The Household Insurance market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Household Insurance market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have been given in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Household Insurance market…
Life Insurance Market in Kuwait By Warba Insurance Company, Al Ahleia Insurance …
GlobalData’s 'Life Insurance in Kuwait, Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Kuwaiti life insurance segment, and a comparison of the Kuwaiti insurance industry with its regional counterparts.
It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2012-2016) and forecast period (2016-2021).
The report also…
