Global Health Insurance Market to Reach $3.7 Trillion by 2030


Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Health Insurance - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Health Insurance estimated at US$2.3 Trillion in the year 2022, is projected to reach a revised size of US$3.7 Trillion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Private, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$2 Trillion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Public segment is readjusted to a revised 5.5% CAGR for the next 8-year period.



The U.S. Market is Estimated at $616.8 Billion, While China is Forecast to Grow at 9.2% CAGR

The Health Insurance market in the U.S. is estimated at US$616.8 Billion in the year 2022. China is forecast to reach a projected market size of US$875.2 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Key Attributes:

Report AttributeDetails
No. of Pages308
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$2.3 Trillion
Forecasted Market Value (USD) by 2030$3.7 Trillion
Compound Annual Growth Rate6.1%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

  • Allianz SE
  • Aviva plc
  • Blue Cross Blue Shield Association
  • Kaiser Foundation
  • United HealthCare Services, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/egiaco

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Attachment

 
Global Market for Health Insurance

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