iCrowd Newswire
04 May 2021, 13:57 GMT+10
According to the latest report by IMARC Group, "Health Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, The global health insurance market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026.
Health insurance refers to a type of insurance that periodically charges a predefined amount from the individual and pays for medical and surgical expenses incurred by the policyholder in case of a medical emergency. A health insurance plan usually covers services such as diagnosis and treatment for chronic ailments, psychiatric care, emergency evacuation, in-patient and out-patient treatment, maternity, dental care, etc. Nowadays, several health insurance companies offer health coverage, wherein medical supervision is provided at home for specific ailments.
Request for a free sample copy of this report: https://www.imarcgroup.com/health-insurance-market/requestsample
Market Trends
The rising costs of healthcare services, along with the increasing prevalence of cancer, stroke, kidney failure, etc., are primarily driving the demand for health insurance policies. Moreover, the governing agencies across several countries have launched regulatory norms that mandate employers to provide health insurance to their employees. Besides this, with the sudden outbreak of COVID-19, there is an escalating demand for health insurance coverage, which in turn is propelling the market on a global level. Other factors, like growing health awareness, improving healthcare infrastructures, and reduced hassle in insurance claiming process, will continue to further augment the market for health insurance policies in the coming years.
Breakup by Provider:
At present, private providers dominate the market globally, accounting for the majority of the total market.
Breakup by Type:
Among these, life-time health insurance holds the largest market share.
Breakup by Plan Type:
Medical insurance represents the leading plan type in the market.
Breakup by Demographics:
Adults represent the leading demographics segment, account for the largest market share.
Breakup by Provider Type:
In 2020, PPOs represented the largest provider type in the market.
Breakup by Region:
Competitive Landscape with Key Player:
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/health-insurance-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Tags: Health, healthmarket, healthinsurancemarket
See Campaign: https://www.imarcgroup.com/health-insurance-marketContact Information:IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: [email protected]
Tel No (D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800Tags:, Menafn, IPS, Reportedtimes, Financial Content, Extended Distribution, Research Newswire, English
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: [email protected]
Tel No (D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Get a daily dose of International Technology news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.
More InformationBASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
By Saurabh Joshi Gadchiroli (Maharashtra) [India], July 12 (ANI): The Gadchiroli Police have set up 71 libraries across the district...
Superball Keno is a fun and exciting game that many players enjoy. You can play it for real money at Red Dog Casino. This review explains...
Bhopal (Madhya Pradesh) [India], July 11 (ANI): Madhya Pradesh Chief Minister Mohan Yadav distributed free bicycles to class 6th and...
BEIRUT, July 10 (Xinhua) -- China's continued development has not only brought profound benefits to its own people but also offered...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
Varanasi (Uttar Pradesh) [India], July 12 (ANI): Ahead of the first Monday of the holy month of Sawan, security arrangements have been...
New Delhi [India], July 12 (ANI): Prime Minister Narendra Modi on Saturday distributed over 51,000 appointment letters to newly appointed...
Ramban(Jammu and Kashmir) [India], July 12 (ANI): Four people lost their lives and two others sustained injuries in a road accident...
New Delhi [India], July 12 (ANI): Prime Minister Narendra Modi is set to distribute more than 51,000 appointment letters to newly appointed...