2021 Health and Medical Insurance Market Industry Size, Share,


Health and medical insurance market

The Business Research Company offers “Global Health and Medical Insurance Market Report 2021: Impact and Recovery of COVID 19 through 2030” in its Research Reports store. This is the most comprehensive report available in this market and it will help to gain a truly global perspective as it covers 60 geographies. The regional and country breakdown section gives an analysis of the market in each geographic area and the market size by region and country. It also compares historical and forecast market growth and highlights important trends and strategies that market players can adopt.

The Health and Medical Insurance Market report describes and explains the global health and medical insurance market and covers 2015 to 2020, referred to as historical period, and 2020 to 2025, referred to as forecast period, along with others forecast for the period 2025-2030. The report assesses the market in each region and for the major economies in each region.

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The health and medical insurance market includes sales of health and medical insurance by entities (organizations, sole proprietorships and partnerships) that are engaged in the direct underwriting of health and medical insurance policies. Group hospital plans and health maintenance organization HMO facilities (except those that provide health care services) that provide health and medical insurance policies are included in this industry. The customers of these insurers are the general public / businesses that purchase medical and health insurance policies, either through intermediary or through direct sale. Only goods and services traded between entities or sold to final consumers are included.

The global health and medical insurance market is expected to grow from $ 385.24 billion in 2020 to $ 390.54 billion in 2021 at a compound annual growth rate (CAGR) of 1.4%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 653.4 billion in 2025 at a CAGR of 13.7%.

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Some of the major players in the health and medical insurance market are Allianz Group, UnitedHealth Group Incorporated, AIA Group Limited, Anthem Inc., AXA Equitable Life Insurance Company, China Life Insurance Company Limited, Cigna.

The countries covered in the global health and medical insurance market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway , Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam.

The regions covered in the global health and medical insurance market are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The global health and medical insurance market is segmented –
1) By type: Hospitalization insurance, Hospitalization insurance daily cash allowance, Critical illness insurance, Home insurance, Others
2) By service provider: private, public
3) By demographic data: minors, adults, seniors

Learn more about the Global Health and Medical Insurance Market report:

Some points from the table of contents
1. Summary
2. Characteristics of the health and medical insurance market
3. Health insurance and medical insurance market trends and strategies
4. Impact of Covid-19 on health and medical insurance
5. Size and Growth of Medicare and Medicare Market
26. Health and medical insurance market in Africa
27. Competitive Landscape of Health Insurance and Medical Insurance Market and Company Profiles
28. Key mergers and acquisitions in the health and medical insurance market
29. Future outlook and potential analysis of the health insurance and medical insurance market
30. Annex

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