Healthcare Insurance Market Size, Share, and Trends 2024 to 2034

The global healthcare insurance market size is accounted at USD 2.50 billion in 2025 and is forecasted to hit around USD 4.83 billion by 2034, representing a CAGR of 7.60% from 2025 to 2034. The North America market size was estimated at USD 970 million in 2024 and is expanding at a CAGR of 7.77% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1369
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Healthcare Insurance Market, By Provider

7.1. Healthcare Insurance Market, by Provider

7.1.1. Public

7.1.1.1. Market Revenue and Forecast

7.1.2. Private

7.1.2.1. Market Revenue and Forecast

Chapter 8. Global Healthcare Insurance Market, By Coverage Type

8.1. Healthcare Insurance Market, by Coverage Type

8.1.1. Term Insurance

8.1.1.1. Market Revenue and Forecast

8.1.2. Life-time Coverage

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Healthcare Insurance Market, By Network Provider

9.1. Healthcare Insurance Market, by Network Provider

9.1.1. Point of Service

9.1.1.1. Market Revenue and Forecast

9.1.2. Preferred Provider Organizations

9.1.2.1. Market Revenue and Forecast

9.1.3. Exclusive Provider Organizations

9.1.3.1. Market Revenue and Forecast

9.1.4. Health Maintenance Organizations

9.1.4.1. Market Revenue and Forecast

Chapter 10. Global Healthcare Insurance Market, By Plan Type

10.1. Healthcare Insurance Market, by Plan Type

10.1.1. Medical Insurance

10.1.1.1. Market Revenue and Forecast

10.1.2. Critical Illness Insurance

10.1.2.1. Market Revenue and Forecast

10.1.3. Family Floater Health Insurance

10.1.3.1. Market Revenue and Forecast

10.1.4. Others

10.1.4.1. Market Revenue and Forecast

Chapter 11. Global Healthcare Insurance Market, By Level of Coverage

11.1. Healthcare Insurance Market, by Level of Coverage

11.1.1. Bronze

11.1.1.1. Market Revenue and Forecast

11.1.2. Silver

11.1.2.1. Market Revenue and Forecast

11.1.3. Gold

11.1.3.1. Market Revenue and Forecast

11.1.4. Platinum

11.1.4.1. Market Revenue and Forecast

Chapter 12. Global Healthcare Insurance Market, By Age Group

12.1. Healthcare Insurance Market, by Age Group

12.1.1. Minor

12.1.1.1. Market Revenue and Forecast

12.1.2. Adults

12.1.2.1. Market Revenue and Forecast

12.1.3. Senior Citizen

12.1.3.1. Market Revenue and Forecast

Chapter 13. Global Healthcare Insurance Market, By Distribution Channel

13.1. Healthcare Insurance Market, by Distribution Channel

13.1.1. Direst Sales

13.1.1.1. Market Revenue and Forecast

13.1.2. Brokers/Agents

13.1.2.1. Market Revenue and Forecast

13.1.3. Banks

13.1.3.1. Market Revenue and Forecast

13.1.4. Others

13.1.4.1. Market Revenue and Forecast

Chapter 14. Global Healthcare Insurance Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Provider

14.1.2. Market Revenue and Forecast, by Coverage Type

14.1.3. Market Revenue and Forecast, by Network Provider

14.1.4. Market Revenue and Forecast, by Plan Type

14.1.5. Market Revenue and Forecast, by Level of Coverage

14.1.6. Market Revenue and Forecast, by Distribution Channel

14.1.7. Market Revenue and Forecast, by Age Group

14.1.8. U.S.

14.1.8.1. Market Revenue and Forecast, by Provider

14.1.8.2. Market Revenue and Forecast, by Coverage Type

14.1.8.3. Market Revenue and Forecast, by Network Provider

14.1.8.4. Market Revenue and Forecast, by Plan Type

14.1.8.5. Market Revenue and Forecast, by Level of Coverage

14.1.8.6. Market Revenue and Forecast, by Distribution Channel

14.1.8.7. Market Revenue and Forecast, by Age Group

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Provider

14.1.9.2. Market Revenue and Forecast, by Coverage Type

14.1.9.3. Market Revenue and Forecast, by Network Provider

14.1.9.4. Market Revenue and Forecast, by Plan Type

14.1.9.5. Market Revenue and Forecast, by Level of Coverage

14.1.9.6. Market Revenue and Forecast, by Distribution Channel

14.1.9.7. Market Revenue and Forecast, by Age Group

14.2. Europe

14.2.1. Market Revenue and Forecast, by Provider

14.2.2. Market Revenue and Forecast, by Coverage Type

14.2.3. Market Revenue and Forecast, by Network Provider

14.2.4. Market Revenue and Forecast, by Plan Type

14.2.5. Market Revenue and Forecast, by Level of Coverage

14.2.6. Market Revenue and Forecast, by Distribution Channel

14.2.7. Market Revenue and Forecast, by Age Group

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Provider

14.2.8.2. Market Revenue and Forecast, by Coverage Type

14.2.8.3. Market Revenue and Forecast, by Network Provider

14.2.8.4. Market Revenue and Forecast, by Plan Type

14.2.8.5. Market Revenue and Forecast, by Level of Coverage

14.2.8.6. Market Revenue and Forecast, by Distribution Channel

14.2.8.7. Market Revenue and Forecast, by Age Group

14.2.9. Germany

14.2.9.1. Market Revenue and Forecast, by Provider

14.2.9.2. Market Revenue and Forecast, by Coverage Type

14.2.9.3. Market Revenue and Forecast, by Network Provider

14.2.9.4. Market Revenue and Forecast, by Plan Type

14.2.9.5. Market Revenue and Forecast, by Level of Coverage

14.2.9.6. Market Revenue and Forecast, by Distribution Channel

14.2.9.7. Market Revenue and Forecast, by Age Group

14.2.10. France

14.2.10.1. Market Revenue and Forecast, by Provider

14.2.10.2. Market Revenue and Forecast, by Coverage Type

14.2.10.3. Market Revenue and Forecast, by Network Provider

14.2.10.4. Market Revenue and Forecast, by Plan Type

14.2.10.5. Market Revenue and Forecast, by Level of Coverage

14.2.10.6. Market Revenue and Forecast, by Distribution Channel

14.2.10.7. Market Revenue and Forecast, by Age Group

14.2.11. Rest of Europe

14.2.11.1. Market Revenue and Forecast, by Provider

14.2.11.2. Market Revenue and Forecast, by Coverage Type

14.2.11.3. Market Revenue and Forecast, by Network Provider

14.2.11.4. Market Revenue and Forecast, by Plan Type

14.2.11.5. Market Revenue and Forecast, by Level of Coverage

14.2.11.6. Market Revenue and Forecast, by Distribution Channel

14.2.11.7. Market Revenue and Forecast, by Age Group

14.3. APAC

14.3.1. Market Revenue and Forecast, by Provider

14.3.2. Market Revenue and Forecast, by Coverage Type

14.3.3. Market Revenue and Forecast, by Network Provider

14.3.4. Market Revenue and Forecast, by Plan Type

14.3.5. Market Revenue and Forecast, by Level of Coverage

14.3.6. Market Revenue and Forecast, by Distribution Channel

14.3.7. Market Revenue and Forecast, by Age Group

14.3.8. India

14.3.8.1. Market Revenue and Forecast, by Provider

14.3.8.2. Market Revenue and Forecast, by Coverage Type

14.3.8.3. Market Revenue and Forecast, by Network Provider

14.3.8.4. Market Revenue and Forecast, by Plan Type

14.3.8.5. Market Revenue and Forecast, by Level of Coverage

14.3.8.6. Market Revenue and Forecast, by Distribution Channel

14.3.8.7. Market Revenue and Forecast, by Age Group

14.3.9. China

14.3.9.1. Market Revenue and Forecast, by Provider

14.3.9.2. Market Revenue and Forecast, by Coverage Type

14.3.9.3. Market Revenue and Forecast, by Network Provider

14.3.9.4. Market Revenue and Forecast, by Plan Type

14.3.9.5. Market Revenue and Forecast, by Level of Coverage

14.3.9.6. Market Revenue and Forecast, by Distribution Channel

14.3.9.7. Market Revenue and Forecast, by Age Group

14.3.10. Japan

14.3.10.1. Market Revenue and Forecast, by Provider

14.3.10.2. Market Revenue and Forecast, by Coverage Type

14.3.10.3. Market Revenue and Forecast, by Network Provider

14.3.10.4. Market Revenue and Forecast, by Plan Type

14.3.10.5. Market Revenue and Forecast, by Level of Coverage

14.3.10.6. Market Revenue and Forecast, by Distribution Channel

14.3.10.7. Market Revenue and Forecast, by Age Group

14.3.11. Rest of APAC

14.3.11.1. Market Revenue and Forecast, by Provider

14.3.11.2. Market Revenue and Forecast, by Coverage Type

14.3.11.3. Market Revenue and Forecast, by Network Provider

14.3.11.4. Market Revenue and Forecast, by Plan Type

14.3.11.5. Market Revenue and Forecast, by Level of Coverage

14.3.11.6. Market Revenue and Forecast, by Distribution Channel

14.3.11.7. Market Revenue and Forecast, by Age Group

14.4. MEA

14.4.1. Market Revenue and Forecast, by Provider

14.4.2. Market Revenue and Forecast, by Coverage Type

14.4.3. Market Revenue and Forecast, by Network Provider

14.4.4. Market Revenue and Forecast, by Plan Type

14.4.5. Market Revenue and Forecast, by Level of Coverage

14.4.6. Market Revenue and Forecast, by Distribution Channel

14.4.7. Market Revenue and Forecast, by Age Group

14.4.8. GCC

14.4.8.1. Market Revenue and Forecast, by Provider

14.4.8.2. Market Revenue and Forecast, by Coverage Type

14.4.8.3. Market Revenue and Forecast, by Network Provider

14.4.8.4. Market Revenue and Forecast, by Plan Type

14.4.8.5. Market Revenue and Forecast, by Level of Coverage

14.4.8.6. Market Revenue and Forecast, by Distribution Channel

14.4.8.7. Market Revenue and Forecast, by Age Group

14.4.9. North Africa

14.4.9.1. Market Revenue and Forecast, by Provider

14.4.9.2. Market Revenue and Forecast, by Coverage Type

14.4.9.3. Market Revenue and Forecast, by Network Provider

14.4.9.4. Market Revenue and Forecast, by Plan Type

14.4.9.5. Market Revenue and Forecast, by Level of Coverage

14.4.9.6. Market Revenue and Forecast, by Distribution Channel

14.4.9.7. Market Revenue and Forecast, by Age Group

14.4.10. South Africa

14.4.10.1. Market Revenue and Forecast, by Provider

14.4.10.2. Market Revenue and Forecast, by Coverage Type

14.4.10.3. Market Revenue and Forecast, by Network Provider

14.4.10.4. Market Revenue and Forecast, by Plan Type

14.4.10.5. Market Revenue and Forecast, by Level of Coverage

14.4.10.6. Market Revenue and Forecast, by Distribution Channel

14.4.10.7. Market Revenue and Forecast, by Age Group

14.4.11. Rest of MEA

14.4.11.1. Market Revenue and Forecast, by Provider

14.4.11.2. Market Revenue and Forecast, by Coverage Type

14.4.11.3. Market Revenue and Forecast, by Network Provider

14.4.11.4. Market Revenue and Forecast, by Plan Type

14.4.11.5. Market Revenue and Forecast, by Level of Coverage

14.4.11.6. Market Revenue and Forecast, by Distribution Channel

14.4.11.7. Market Revenue and Forecast, by Age Group

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Provider

14.5.2. Market Revenue and Forecast, by Coverage Type

14.5.3. Market Revenue and Forecast, by Network Provider

14.5.4. Market Revenue and Forecast, by Plan Type

14.5.5. Market Revenue and Forecast, by Level of Coverage

14.5.6. Market Revenue and Forecast, by Distribution Channel

14.5.7. Market Revenue and Forecast, by Age Group

14.5.8. Brazil

14.5.8.1. Market Revenue and Forecast, by Provider

14.5.8.2. Market Revenue and Forecast, by Coverage Type

14.5.8.3. Market Revenue and Forecast, by Network Provider

14.5.8.4. Market Revenue and Forecast, by Plan Type

14.5.8.5. Market Revenue and Forecast, by Level of Coverage

14.5.8.6. Market Revenue and Forecast, by Distribution Channel

14.5.8.7. Market Revenue and Forecast, by Age Group

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Provider

14.5.9.2. Market Revenue and Forecast, by Coverage Type

14.5.9.3. Market Revenue and Forecast, by Network Provider

14.5.9.4. Market Revenue and Forecast, by Plan Type

14.5.9.5. Market Revenue and Forecast, by Level of Coverage

14.5.9.6. Market Revenue and Forecast, by Distribution Channel

14.5.9.7. Market Revenue and Forecast, by Age Group

Chapter 15. Company Profiles

15.1. Aetna Inc.

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. AIA Group Limited

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Allianz

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. ASSICURAZIONI GENERALI

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Aviva

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. AXA

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Cigna

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Ping An Insurance (Group)

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. UnitedHealth Group

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Zurich

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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Frequently Asked Questions

The global healthcare insurance market size was reached at USD 2.32 billion in 2024 and is projected to be worth over USD 4.83 billion by 2034.

The global healthcare insurance market is growing at a CAGR of 7.60% during the forecast period 2025 to 2034.

Rising prevalence of chronic diseases, high healthcare costs, increased disposable income, constant new product launches by the numerous players, rising awareness regarding health insurances, and improved services related to claim settlement.

The major market player includes Aetna Inc., AIA Group Limited, Allianz, ASSICURAZIONI GENERALI, Aviva, AXA, Cigna, Ping An Insurance (Group), UnitedHealth Group, Zurich.

The North America accounted for 40% of revenue share in 2024

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