Global Health Insurance Market to Reach $1.2 Trillion by 2026

SAN FRANCISCO, Oct. 13, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Health Insurance - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 486
Companies: 811 - Players covered include Allianz SE; Aviva plc; Blue Cross Blue Shield Association; Kaiser Foundation; United HealthCare Services, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Health Insurance)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Health Insurance Market to Reach $1.2 Trillion by 2026
Amid the COVID-19 crisis, the global market for Health Insurance estimated at US$1 Trillion in the year 2020, is projected to reach a revised size of US$1.2 Trillion by 2026, growing at a CAGR of 2.2% over the analysis period.

The U.S. Market is Estimated at $283.9 Billion in 2021, While China is Forecast to Reach $225.8 Billion by 2026
The Health Insurance market in the U.S. is estimated at US$283.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$225.8 Billion by the year 2026 trailing a CAGR of 4.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 0.9% CAGR.More

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CONTACTS:
Zak AliDirector, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.