Health Insurance Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, Japan, UK, France - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 152 SKU: IRTNTR77095

Health Insurance Market 2024-2028 

The health insurance market size is projected to increase by USD 994.17 billion at a CAGR of 6.92% between 2023 and 2028. The growth rate of the market depends on several factors, including the increasing demand due to growing healthcare awareness, the global rise in the aging population, and the increase in the prevalence of chronic diseases. Health insurance is a financial product that provides coverage for individuals' medical and healthcare expenses. Policyholders pay the insurer regularly, which provides financial protection against unforeseen medical bills. Hospital stays, surgeries, prescription drugs, and preventive care are common services covered by health insurance.

The report includes a comprehensive outlook on the Health Insurance Market, offering forecasts for the industry segmented by Service, which comprises public and private. Additionally, it categorizes Type into life insurance and term insurance and covers Regions, including North America, APAC, Europe, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the Size of the Health Insurance Market During the Forecast Period?

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Health Insurance Market Overview

Health Insurance Market Driver

Increasing demand due to growing healthcare awareness is the key factor driving market growth. Growing health and well-being awareness is a significant contributor to the global health insurance market, particularly in emerging countries such as India. As people become more aware of the possible monetary implications of healthcare, there is a greater need for comprehensive health insurance coverage. In emerging nations, where healthcare access may be limited and medical expenditures are rising, consumers are seeking health insurance solutions because they recognize the value of preventive care and financial protection against unforeseen health catastrophes.

Moreover, countries in Asia, Africa, and Latin America, for example, are experiencing an increase in health insurance acceptance as people recognize the importance of having coverage to assure access to quality treatment while protecting against the financial effects of medical bills. Thus, the above-mentioned factors are expected to increase the demand for health insurance, which will propel the growth of the global health insurance market during the forecast period.

Health Insurance Market Trends

Increasing demand due to growing focus on preventive health is the primary trend shaping market growth. The trend of insurers prioritizing preventative health measures represents a paradigm change in the global health insurance market towards proactive healthcare management. Insurers are recognizing the importance of preventative services in improving overall health outcomes and lowering long-term healthcare expenses. Wellness programs such as fitness incentives, dietary counseling, and mental health support, are increasingly becoming standard features of insurance policies.

In addition, health screenings and early detection activities are being promoted to discover any health issues before they worsen. Some insurers, for example, offer reduced premiums or greater coverage to policyholders who engage in regular physical activity or participate in wellness activities. This trend not only corresponds with the greater focus on holistic well-being but also positions insurers as partners in encouraging healthier lives among their subscribers. Thus, such factors are expected to fuel the growth of the global health insurance market during the forecast period

Health Insurance Market Restrain

Escalating costs of healthcare services and medical treatments is a challenge that affects market growth. Rising healthcare expenses and medical treatments provide a substantial business issue for insurers. As medical costs continue to rise, insurers face the conundrum of maintaining cheap premiums for policyholders while being profitable. Advanced medical technologies, specialized therapies, and pharmaceutical developments, for example, all contribute to rising healthcare costs. Furthermore, the rising frequency of chronic diseases and the increased demand for high-quality healthcare services put insurers' financial viability under strain.

In addition, balancing the need to provide comprehensive coverage with the imperative to control costs necessitates the implementation of innovative solutions such as cost-sharing models, leveraging data analytics to optimize resource allocation, and exploring collaborative initiatives with healthcare providers to negotiate favorable pricing terms. Addressing this issue is critical for insurers to provide accessible and financially sustainable health insurance solutions to a varied and growing consumer base. Hence, such factors are expected to impede market growth during the forecast period.

Health Insurance Market Segmentation By Service

The market share growth by the public segment will be significant during the forecast period. Increased government involvement in providing widespread healthcare access characterizes the market scenario for the growth of public organizations as leading service providers in the global health insurance market. Public health insurance programs, such as the UKs National Health Service (NHS) and Australias Medicare, play an important role. Governments around the world are developing public health efforts to meet the different healthcare requirements of their people.

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The public segment showed a gradual increase in the market share of USD 1,012.26 billion in 2018. Collaborations with commercial insurers, legislative frameworks, and investments in healthcare infrastructure all contribute to the expansion of public institutions. As governments emphasize universal health coverage, public health insurance is expected to remain a prominent player in the global market, contributing to overall improvements in health outcomes. This, in turn, will drive the adoption of the public segment as a service provider, which, in turn, is expected to drive the growth of the global health insurance market during the forecast period.

Health Insurance Market Segmentation By Type

The rising acceptance of the interdependence of health and financial well-being drives the market environment for the rise of life insurance as a prominent coverage type in the global health insurance market. Integrated health and life insurance policies, which provide full coverage, are gaining popularity. Insurance companies such as Allianz are aligning their services to match consumers' changing demands, emphasizing the holistic benefits of combined health and life coverage. This trend is predicted to continue as people look for more comprehensive and adaptive insurance options for their overall well-being. Notably, this implies the increase in demand for the life insurance sub-segment as a leading coverage type, and this, in turn, is expected to drive market growth during the forecast period.

Regional Overview

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North America is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The health insurance market in North America is expanding rapidly, owing to a variety of causes. Increasing healthcare expenses, increased awareness of the significance of health insurance, and an aging population all contribute to the regional market growth. Key firms, including UnitedHealth critical roles by providing a wide range of insurance products and services.

Furthermore, government initiatives and regulatory reforms also have an impact on the regional market, impacting the design and accessibility of health insurance programs. The evolving regional market scenario reflects a constant attempt to accommodate the population's changing healthcare needs, with a strong emphasis on comprehensive and easily available health coverage. Hence, such factors are expected to drive market growth in this region during the forecast period.  

Health Insurance Market Customer Landscape

Health Insurance Market forecasts include the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their health insurance market growth and trends strategies.

Global Health Insurance Market Customer Landscape

Who are the Major Health Insurance Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Aditya Birla Management Corp. Pvt. Ltd.: The company offers health insurance solutions that provides comprehensive individual and family floater health insurance plans under the brand Aditya Birla Health Insurance Co. Ltd.
  • Allianz Care: The company offers multiple health insurance solutions that cover for a wide range of in patient, out patient, maternity and day care treatments.
  • Bharti Enterprises Ltd.: The company offers health insurance solutions that secure against critical medical conditions under the brand Bharti AXA Life Insurance.

The Health Insurance Market  growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • ACKO General Insurance Ltd.
  • Centene Corp.
  • CVS Health Corp.
  • Elevance Health Inc.
  • General Insurance Corp. of India Ltd.
  • HDFC Bank Ltd.
  • ICICI Lombard General Insurance Co. Ltd.
  • Independence Health Group Inc.
  • Indian Farmers Fertiliser Cooperative Ltd.
  • Kotak Mahindra Bank Ltd.
  • Life Insurance Corp. of India
  • Max Financial Services Ltd.
  • Oscar Health Inc
  • Reliance General Insurance Co. Ltd.
  • Star Health and Allied Insurance Co Ltd.
  • The Cigna Group
  • UnitedHealth Group Inc.

Health Insurance Market market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The health insurance market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2028

  • Service Outlook
    • Public
    • Private
  • Type Outlook
    • Life insurance
    • Term insurance
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Health Insurance Market Scope

Report Coverage

Details

Page number

152

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.92%

Market Growth 2024-2028

USD 994.17 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

6.46

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 44%

Key countries

US, China, Japan, UK, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ACKO General Insurance Ltd., Aditya Birla Management Corp. Pvt. Ltd., Allianz Care, Bharti Enterprises Ltd., Centene Corp., CVS Health Corp., Elevance Health Inc., General Insurance Corp. of India Ltd., HDFC Bank Ltd., ICICI Lombard General Insurance Co. Ltd., Independence Health Group Inc., Indian Farmers Fertiliser Cooperative Ltd., Kotak Mahindra Bank Ltd., Life Insurance Corp. of India, Max Financial Services Ltd., Oscar Health Inc, Reliance General Insurance Co. Ltd., Star Health and Allied Insurance Co Ltd., The Cigna Group, and UnitedHealth Group Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Health Insurance Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, APAC, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global health insurance market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global health insurance market 2018 - 2022 ($ billion)
    • 4.2 Service Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Service Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Service

    • 6.1 Market segments
      • Exhibit 30: Chart on Service - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Service - Market share 2023-2028 (%)
    • 6.2 Comparison by Service
      • Exhibit 32: Chart on Comparison by Service
      • Exhibit 33: Data Table on Comparison by Service
    • 6.3 Public - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Public - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Public - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Public - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Public - Year-over-year growth 2023-2028 (%)
    • 6.4 Private - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Private - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Private - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Private - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Private - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Service
      • Exhibit 42: Market opportunity by Service ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Service ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 Life insurance - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Life insurance - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Life insurance - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Life insurance - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Life insurance - Year-over-year growth 2023-2028 (%)
    • 7.4 Term insurance - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Term insurance - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Term insurance - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Term insurance - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Term insurance - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 56: Market opportunity by Type ($ billion)
      • Exhibit 57: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 France - Market size and forecast 2023-2028
      • Exhibit 99: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Aditya Birla Management Corp. Pvt. Ltd.
              • Exhibit 111: Aditya Birla Management Corp. Pvt. Ltd. - Overview
              • Exhibit 112: Aditya Birla Management Corp. Pvt. Ltd. - Product / Service
              • Exhibit 113: Aditya Birla Management Corp. Pvt. Ltd. - Key offerings
            • 12.4 Allianz Care
              • Exhibit 114: Allianz Care - Overview
              • Exhibit 115: Allianz Care - Product / Service
              • Exhibit 116: Allianz Care - Key offerings
            • 12.5 Bharti Enterprises Ltd.
              • Exhibit 117: Bharti Enterprises Ltd. - Overview
              • Exhibit 118: Bharti Enterprises Ltd. - Product / Service
              • Exhibit 119: Bharti Enterprises Ltd. - Key offerings
            • 12.6 Centene Corp.
              • Exhibit 120: Centene Corp. - Overview
              • Exhibit 121: Centene Corp. - Business segments
              • Exhibit 122: Centene Corp. - Key offerings
              • Exhibit 123: Centene Corp. - Segment focus
            • 12.7 CVS Health Corp.
              • Exhibit 124: CVS Health Corp. - Overview
              • Exhibit 125: CVS Health Corp. - Business segments
              • Exhibit 126: CVS Health Corp. - Key news
              • Exhibit 127: CVS Health Corp. - Key offerings
              • Exhibit 128: CVS Health Corp. - Segment focus
            • 12.8 Elevance Health Inc.
              • Exhibit 129: Elevance Health Inc. - Overview
              • Exhibit 130: Elevance Health Inc. - Product / Service
              • Exhibit 131: Elevance Health Inc. - Key offerings
            • 12.9 General Insurance Corp. of India Ltd.
              • Exhibit 132: General Insurance Corp. of India Ltd. - Overview
              • Exhibit 133: General Insurance Corp. of India Ltd. - Product / Service
              • Exhibit 134: General Insurance Corp. of India Ltd. - Key offerings
            • 12.10 HDFC Bank Ltd.
              • Exhibit 135: HDFC Bank Ltd. - Overview
              • Exhibit 136: HDFC Bank Ltd. - Business segments
              • Exhibit 137: HDFC Bank Ltd. - Key offerings
              • Exhibit 138: HDFC Bank Ltd. - Segment focus
            • 12.11 Independence Health Group Inc.
              • Exhibit 139: Independence Health Group Inc. - Overview
              • Exhibit 140: Independence Health Group Inc. - Product / Service
              • Exhibit 141: Independence Health Group Inc. - Key offerings
            • 12.12 Indian Farmers Fertiliser Cooperative Ltd.
              • Exhibit 142: Indian Farmers Fertiliser Cooperative Ltd. - Overview
              • Exhibit 143: Indian Farmers Fertiliser Cooperative Ltd. - Product / Service
              • Exhibit 144: Indian Farmers Fertiliser Cooperative Ltd. - Key offerings
            • 12.13 Life Insurance Corp. of India
              • Exhibit 145: Life Insurance Corp. of India - Overview
              • Exhibit 146: Life Insurance Corp. of India - Product / Service
              • Exhibit 147: Life Insurance Corp. of India - Key offerings
            • 12.14 Max Financial Services Ltd.
              • Exhibit 148: Max Financial Services Ltd. - Overview
              • Exhibit 149: Max Financial Services Ltd. - Business segments
              • Exhibit 150: Max Financial Services Ltd. - Key offerings
              • Exhibit 151: Max Financial Services Ltd. - Segment focus
            • 12.15 Oscar Health Inc
              • Exhibit 152: Oscar Health Inc - Overview
              • Exhibit 153: Oscar Health Inc - Product / Service
              • Exhibit 154: Oscar Health Inc - Key offerings
            • 12.16 Star Health and Allied Insurance Co Ltd.
              • Exhibit 155: Star Health and Allied Insurance Co Ltd. - Overview
              • Exhibit 156: Star Health and Allied Insurance Co Ltd. - Product / Service
              • Exhibit 157: Star Health and Allied Insurance Co Ltd. - Key offerings
            • 12.17 The Cigna Group
              • Exhibit 158: The Cigna Group - Overview
              • Exhibit 159: The Cigna Group - Product / Service
              • Exhibit 160: The Cigna Group - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 161: Inclusions checklist
                • Exhibit 162: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 163: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 164: Research methodology
                • Exhibit 165: Validation techniques employed for market sizing
                • Exhibit 166: Information sources
              • 13.5 List of abbreviations
                • Exhibit 167: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              health insurance market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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              • Detailed vendors report with competitive landscape
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              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis