$990 Billion Health Insurance Market, 2023

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Apr 27, 2018, 11:30 ET

DUBLIN, April 27, 2018 /PRNewswire/ --

The "Health Insurance Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The global health insurance market is predicted to witness a compound annual growth rate of 3.52% during the forecast period to reach a total market size of US$1218.93 billion by 2023, increasing from US$990.45 billion in 2017.

Health Insurance is an insurance solution which provides for medical and surgical expenses of a person who has taken this policy. It functions in two ways either it provides reimbursement of the expenditure incurred due to illness or injury or it pays a specific amount directly to care provider.

The increase in medical cost or medical care expenses globally is driving the market for health insurance. Moreover, the rapid growth of chronic diseases among population across the globe such as heart disease, cancer, type 2 diabetes, and arthritis and rise in aging population has further contributed to the expansion of the market.

However, the cost associated with the health insurance may act as a market constraint. Geographically, USA will be driving the market over the forecasted years owing to its peerless healthcare system in the world. Moreover, escalating disposable income and improvement of health standard system is estimated to impact the health insurance market in APAC positively

Major industry players profiled as part of the report are Zurich, AXA, Allianz, AIA group Limited and Blue Cross Blue Shield Association among others.

Key Topics Covered:

1. Introduction

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base, and Forecast Years Timeline

2. Research Methodology

2.1. Research Design

2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter's Five Force Analysis

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. HEALTH INSURANCE MARKET BY TYPE

5.1. Health Maintenance Organization (HMO) plans

5.2. Preferred Provider Organization (PPO) plans

5.3. Exclusive Provider Organization (EPO) plans

5.4. Others

6. HEALTH INSURANCE MARKET BY SERVICE PROVIDER

6.1. Public Sector

6.2. Private Sector

6.3. Stand-alone Insurers

7. HEALTH INSURANCE MARKET BY GEOGRAPHY

8. COMPETITIVE INTELLIGENCE

8.1. Market Share Analysis

8.2. Investment Analysis

8.3. Recent Deals

8.4. Strategies of Key Players

9. COMPANY PROFILES

Zurich
United HealthCare Services, Inc.
Aviva
AXA
Allianz
AIA Group Limited
China Life Insurance(Group) Company
Blue Cross Blue Shield Association
ASSICURAZIONI GENERALI S.P.A
Japan Post Holdings Co.,Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/bqcsdt/990_billion?w=5

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SOURCE Research and Markets