Extract:
Based on this comprehensive report published by Gravitas Market Insights, the Health Insurance market is said to witness a significant growth during the forecast years between 2021 and 2028. Medical expenses spent during the treatment of any disease, injury, or other mental or physical impairment are covered by health insurance. It serves as remuneration for providing healthcare benefits in exchange for a monthly/semi-annual/annual premium or a payroll tax. The insurer is obligated to cover the policyholder's medical expenses during the duration and scope of the policy. Various factors, including as diseases, age group, government policies, and others, may affect coverage depending on the policy.
Report Scope in detail:
This latest report edition of Health Insurance market has been added to our huge database of detailed reports and this envisions to shape the future of all the related businesses. Our team of learned research analysts have studied in-depth and curated the report based on several aspects which include the overview of the market, driving forces, growth rate, market trends, market size, opportunities and challenges of the market; along with detailed competitive analysis on the regional as well as global level. The Health Insurance market research report renders a thorough analysis of the market on a global aspect and aims on several market segmentation. This report also provides deeper perception into the latest trends of the market and pinpoints crucial product developments of the industry. Furthermore, the report collects numerous factors that have accredited to the growth of the market in the recent years.
Market Dynamics:
• During the COVID-19 pandemic, an increase in the incidence of various diseases, such as cancer, dengue fever, and diabetes, is thought to be a major reason driving the global health insurance industry forward.
• Some of the primary reasons driving market expansion include improved claim management services and increased awareness of health insurance in rural areas.
• However, a lack of understanding of the coverages included in health insurance policies, as well as an increase in the cost of health insurance premiums, are two factors that limit the health insurance market opportunity.
• As a result, insurance companies are responsible for addressing massive claim settlement costs, which stifle market growth.
Health Insurance Market Segmentation:
By Age Group
• Adult
• Senior Citizens
• Minors
By Coverage
• Point of Service (POS)
• Preferred Provider Organizations (PPOs)
• Exclusive Provider Organizations (EPOs)
• Health Maintenance Organizations (HMOs)
By Insurance Type
• Medical Insurance
• Diseases Insurance
By Distribution Channel
• Brokers/Agents
• Direct Sales
• Banks
• Others
Regional Coverage
• North America
o United States
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Korea
o Australia
o Southeast Asia
o Rest of Asia-Pacific
• South America
o Brazil
o Argentina
o Colombia
o Rest of South America
• Middle East & Africa
o GCC
o South Africa
o Rest of Middle East & Africa
Competitive Analysis:
Eminent market players have been outlined in order to extract improved insights into the worldwide businesses. Our research reports offer all-inclusive information on various top most manufacturers that are operational across global regions. We provide company profiles which include detailed overview of the company, business information, business performance, crucial strategies implemented through the years.
Few of the Key Players Covered in Our Report:
• Aviva
• AIA Group Limited
• AXA
• Aetna Inc.
• Cigna
• UnitedHealth Group
• ASSICURAZIONI GENERALI S.P.A.
• Ping An Insurance (Group) Company of China, Ltd.
• Zurich
• Allianz
Impact of COVID19:
The COVID19 pandemic crippled the global economy, it resulted in a worldwide lockdown and this has majorly impacted numerous industries. Our industry experts are working round-the-clock to identify, accumulate and in-time deliver market analysis due to the effect of unprecedented decisions in COVID-19 repercussions on many businesses. The full version of this report will comprise the overall impact of the pandemic, and predicted alteration on the future outlook of the industry, by taking into the account the economic, political, technological and social parameters.
Section 1: Executive Summary
1.1. Health Insurance Market Industry 360° outline, Year 2016 - 2028
1.2. Business Model Trends
1.3. Growth Trends
1.4. End-User/Coverage Trends
1.5. Regional Trends
Section 2: Market Dynamics - Health Insurance Market Industry Insights
2.1. Growth Drivers
2.2. Opportunities
2.3. Industry challenges
2.4. SWOT Analysis
2.5. Porter's Analysis
2.6. Worldwide Industry Landscape, Year 2016 - 2028
2.7. Industry Segmentation
2.8. Technology & Invention landscape
2.9. Regional Landscape
2.9.1. North America
2.9.2. Europe
2.9.3. Asia-Pacific
2.9.4. South America
2.9.5. Middle East & Africa
2.10. Competitive Environment
Section 3: Global Health Insurance Market, By Age Group
3.1. Segmentation Analysis, By Age Group, 2016-2028
3.2. Market Share Segmentation Analysis, By Age Group, 2016-2028
3.3. Adult
3.3.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
3.4. Senior Citizens
3.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
3.5. Minors
3.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 4: Global Health Insurance Market, By Coverage
4.1. Segmentation Analysis, By Coverage, 2016-2028
4.2. Market Share Segmentation Analysis, By Coverage, 2016-2028
4.3. Point of Service (POS)
4.3.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.4. Preferred Provider Organizations (PPOs)
4.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.5. Exclusive Provider Organizations (EPOs)
4.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.6. Health Maintenance Organizations (HMOs)
4.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 5: Global Health Insurance Market, By Insurance Type
5.1. Segmentation Analysis, By Insurance Type, 2016-2028
5.2. Market Share Segmentation Analysis, By Insurance Type, 2016-2028
5.3. Medical Insurance
5.3.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
5.4. Diseases Insurance
5.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 6: Global Health Insurance Market, By Distribution Channel
6.1. Segmentation Analysis, By Distribution Channel, 2016-2028
6.2. Market Share Segmentation Analysis, By Distribution Channel, 2016-2028
6.3. Brokers/Agents
6.3.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4. Direct Sales
6.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.5. Banks
6.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.6. Others
6.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 7: Global Health Insurance Market, Regional Analysis
7.1. Global Health Insurance Market, Regional Analysis
7.2. North America, Country level Analysis
7.2.1. North America Health Insurance Market estimates and forecast with Growth rate analysis, By Age Group, 2016 - 2028
7.2.2. North America Health Insurance Market estimates and forecast with Growth rate analysis, By Coverage, 2016 - 2028
7.2.3. North America Health Insurance Market estimates and forecast with Growth rate analysis, By Insurance Type, 2016 - 2028
7.2.4. North America Health Insurance Market estimates and forecast with Growth rate analysis, By Distribution Channel, 2016 - 2028
7.2.5. United States
7.2.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.2.6. Canada
7.2.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.2.7. Mexico
7.2.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.3. Europe Country level Analysis
7.3.1. Europe Health Insurance Market estimates and forecast with Growth rate analysis, By Age Group, 2016 - 2028
7.3.2. Europe Health Insurance Market estimates and forecast with Growth rate analysis, By Coverage, 2016 - 2028
7.3.3. Europe Health Insurance Market estimates and forecast with Growth rate analysis, By Insurance Type, 2016 - 2028
7.3.4. Europe Health Insurance Market estimates and forecast with Growth rate analysis, By Distribution Channel, 2016 - 2028
7.3.5. UK
7.3.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.3.6. Germany
7.3.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.3.7. France
7.3.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.3.8. Italy
7.3.8.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.3.9. Spain
7.3.9.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.3.10. Russia
7.3.10.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.3.11. Rest of Europe
7.3.11.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.4. Asia-Pacific Country level Analysis
7.4.1. Asia-Pacific Health Insurance Market estimates and forecast with Growth rate analysis, By Age Group, 2016 - 2028
7.4.2. Asia-Pacific Health Insurance Market estimates and forecast with Growth rate analysis, By Coverage, 2016 - 2028
7.4.3. Asia-Pacific Health Insurance Market estimates and forecast with Growth rate analysis, By Insurance Type, 2016 - 2028
7.4.4. Asia-Pacific Health Insurance Market estimates and forecast with Growth rate analysis, By Distribution Channel, 2016 - 2028
7.4.5. China
7.4.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.4.6. India
7.4.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.4.7. Japan
7.4.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.4.8. Korea
7.4.8.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.4.9. Australia
7.4.9.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.4.10. Southeast Asia
7.4.10.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.4.11. Rest of Asia-Pacific
7.4.11.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.5. South America Country level Analysis
7.5.1. South America Health Insurance Market estimates and forecast with Growth rate analysis, By Age Group, 2016 - 2028
7.5.2. South America Health Insurance Market estimates and forecast with Growth rate analysis, By Coverage, 2016 - 2028
7.5.3. South America Health Insurance Market estimates and forecast with Growth rate analysis, By Insurance Type, 2016 - 2028
7.5.4. South America Health Insurance Market estimates and forecast with Growth rate analysis, By Distribution Channel, 2016 - 2028
7.5.5. Brazil
7.5.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.5.6. Argentina
7.5.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.5.7. Colombia
7.5.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.5.8. Rest of South America
7.5.8.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.6. Middle East & Africa Country level Analysis
7.6.1. MEA Health Insurance Market estimates and forecast with Growth rate analysis, By Age Group, 2016 - 2028
7.6.2. MEA Health Insurance Market estimates and forecast with Growth rate analysis, By Coverage, 2016 - 2028
7.6.3. MEA Health Insurance Market estimates and forecast with Growth rate analysis, By Insurance Type, 2016 - 2028
7.6.4. MEA Health Insurance Market estimates and forecast with Growth rate analysis, By Distribution Channel, 2016 - 2028
7.6.5. GCC
7.6.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.6.6. South Africa
7.6.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
7.6.7. Rest of Middle East & Africa
7.6.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 8: Company Profile - Health Insurance Market
8.1. Aviva
8.1.1. Business Overview
8.1.2. Product & Service Offering
8.1.3. Overall Revenue
8.1.4. Strategic Outlook
8.2. AIA Group Limited
8.2.1. Business Overview
8.2.2. Product & Service Offering
8.2.3. Overall Revenue
8.2.4. Strategic Outlook
8.3. AXA
8.3.1. Business Overview
8.3.2. Product & Service Offering
8.3.3. Overall Revenue
8.3.4. Strategic Outlook
8.4. Aetna Inc.
8.4.1. Business Overview
8.4.2. Product & Service Offering
8.4.3. Overall Revenue
8.4.4. Strategic Outlook
8.5. Cigna
8.5.1. Business Overview
8.5.2. Product & Service Offering
8.5.3. Overall Revenue
8.5.4. Strategic Outlook
8.6. UnitedHealth Group
8.6.1. Business Overview
8.6.2. Product & Service Offering
8.6.3. Overall Revenue
8.6.4. Strategic Outlook
8.7. ASSICURAZIONI GENERALI S.P.A.
8.7.1. Business Overview
8.7.2. Product & Service Offering
8.7.3. Overall Revenue
8.7.4. Strategic Outlook
8.8. Ping An Insurance (Group) Company of China, Ltd.
8.8.1. Business Overview
8.8.2. Product & Service Offering
8.8.3. Overall Revenue
8.8.4. Strategic Outlook
8.9. Zurich
8.9.1. Business Overview
8.9.2. Product & Service Offering
8.9.3. Overall Revenue
8.9.4. Strategic Outlook
8.10. Allianz
8.10.1. Business Overview
8.10.2. Product & Service Offering
8.10.3. Overall Revenue
8.10.4. Strategic Outlook
*Market size and forecast will be provided from 2016-2028, and forecast period would be 2021-2028
*Details on financial performance and strategic moves and developments may not be captured for unlisted companies
*List of companies profiled in this TOC is tentative and may change after detailed analysis