New York, NY, Nov. 27, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Healthcare Insurance Market 2018–2026” According to the report, the global demand for healthcare insurance market was valued at approximately USD 1,010.3 billion in 2017 and is expected to generate revenue of around USD 2,030.1 billion by the end of 2026, growing at a CAGR of around 7.9% between 2018 and 2026.
Medical spending makes poor often vulnerable and results in huge amounts of household spending. Health insurance eliminates or reduces out-of-pocket spending on healthcare solutions and ensures financial risk protection. Government plays a prominent role in deciding the healthcare policies of a country, which directly affects the development of the healthcare insurance market. Supportive government policies is invading the prominent growth of healthcare insurance market, whereas, affordable access to quality treatment and essential medicines depends on several factors, such as provision and use of medicines, sound policies on selection and pricing, efficient regulation by the government and ruling authorities, functioning health infrastructure, a qualified health workforce, good governance, and information systems. Most of the low- and middle-income countries struggle to meet these criteria and fail to provide prominent healthcare services to their population.
Get Sample of this Research Report: https://www.zionmarketresearch.com/sample/healthcare-insurance-market
However, the GDP growth has accelerated the expansion of the healthcare insurance market. Healthcare insurance companies are growing mainly due to the emergence of the middle class, rising disposable income, and increasing per capita income globally. The healthcare status of the population is directly linked with the economic development of a country. According to the World Bank, the global healthcare expenditure as a percentage of GDP rose from 9.52% in 2010 to 9.9% in 2015.
The global healthcare insurance market is categorized into the provider, product, provider network, type, and demographics. Based on the provider, this market is bifurcated into private providers and public providers. The private provider segment is likely to grow significantly, owing to less waiting time in hospitals and claim money back on non-medicare health services. By product, this market is fragmented into disease insurance, medical insurance, and income protection insurance. By provider network, this market is divided into preferred provider organizations (PPOs), the point of service (POS), health maintenance organizations (HMOs), and exclusive provider organizations (EPOs). The EPOs segment is expected to grow significantly in the global healthcare insurance market. By type, this market is categorized into lifetime coverage and term coverage. The demographic segment is classified into minors, adults, and senior citizens. The adult segment holds the largest share in the health insurance market. Rising disease awareness and health concerns is a vital factor responsible for the augmentation of the global healthcare insurance market globally.
Download Free Research Report PDF Brochure for more Insights: https://www.zionmarketresearch.com/requestbrochure/healthcare-insurance-market
North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa are major regional segments of the global healthcare insurance market. The North American region is anticipated to remain the leading region over the forecast time period. The Asia Pacific region is anticipated to grow remarkably due to the thriving healthcare sector and favorable government policies pertaining to healthcare insurance, increasing the prevalence of diseases, and growing awareness about insurances regarding health issues. Developing nations, such as China and India, are the most prominent markets healthcare insurance, owing to the rapid growth potential for market players involved in the expansion and promotion of automated solutions for the healthcare industry.
Some key players in the global healthcare insurance market are Apollo Munich Health Insurance Company Ltd., Aetna Inc., AIA Group Limited, Allianz, Anthem, Inc., ASSICURAZIONI GENERALI S.P.A., Japan Post Holding Co., Ltd., Express Scripts Holding Company, Aviva, AXA, Berkshire Hathaway Inc., China Life Insurance (Group) Company, Cigna, International Medical Group Inc., Kaiser Foundation Health Plan, Inc., Munich Re Group, Prudential Financial, Inc., UnitedHealth Group, and Zurich Insurance Group Ltd.
Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/healthcare-insurance-market
This report segments the global healthcare insurance market as follows:
Global Healthcare Insurance Market: Provider Segment Analysis
- Private Providers
- Public Providers
Global Healthcare Insurance Market: Product Segment Analysis
- Disease Insurance
- Medical Insurance
- Income Protection Insurance
Global Healthcare Insurance Market: Type Segment Analysis
- Lifetime Coverage
- Term Coverage
Global Healthcare Insurance Market: Provider Network Segment Analysis
- Preferred Provider Organizations (PPOs)
- Point Of Service (POS)
- Health Maintenance Organizations (HMOs)
- Exclusive Provider Organizations (EPOs)
Global Healthcare Insurance Market: Demographics Segment Analysis
- Minors
- Adults
- Senior Citizens
Global Healthcare Insurance Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
Request customized copy of report @ https://www.zionmarketresearch.com/custom/3553
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research
Blog: http://www.intenseresearch.com | http://www.mrsresearchgroup.com | http://www.marketresearchtrade.com | https://qyresearchgroup.com | http://marketnreports.com | https://zmrnewsjournal.us | http://www.e-marketresearch.com
Contact Us:
Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Blog: http://zmrblog.com