Business Wire

Insights on the Health Insurance Global Market to 2028 – Opportunity Analysis and Industry Forecasts – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Health Insurance Market by Distribution Channel, Insurance Type and End User Type: Global Opportunity Analysis and Industry Forecast, 2021-2028” report has been added to ResearchAndMarkets.com’s offering.

A health insurance plan covers services such as treatment for chronic ailments, psychiatric care, diagnosis, dental care, emergency evacuation, and others. It generally charges a predefined amount from the individual and pays for surgical & medical expenses incurred by the policyholder. Moreover, medical expenses are incurred due to the physician consultation charges and received treatment for any disease, injury, and other mental & physical impairment. Healthcare insurance provides compensation for such medical expenses in exchange for a monthly premium or a payroll tax to provide healthcare benefits.

Surge in improving claim management services via advanced software allows insurance companies to efficiently speed up the patient’s payment lifecycle and reduce fraudulent claim settlement activities. In addition, increase in instances of diseases & accidents and surge in awareness of health insurance in rural areas are some of the factors propelling the market growth. However, increase in health insurance premium cost and lack of knowledge about coverages included in health insurance policy are some of the major factors limiting the health insurance market. On the contrary, advances in technology have led to the development of drugs & medical devices that are used to treat a variety of serious illnesses, injuries, or mental and physical disabilities. These advanced medical treatments are extremely expensive, which further increases the total cost associated with different medical procedures. Therefore, due to this high treatment cost, the demand for health insurance is expected to growth tremendously in the coming years.

The health insurance market is segmented on the basis of distribution channel, insurance type, coverage, end user type, age group, and region. By distribution channel, it is segmented into direct sales, brokers/agents, banks, and others. By insurance type, it is bifurcated into diseases insurance and medical insurance. Based on coverage, it is segregated into Preferred Provider Organizations (PPOs), Point of Services (POS), Health Maintenance Organizations (HMOs), and Exclusive Provider Organization (EPO). By end user type, the market is divided into group and individuals. Based on age group, it is segmented into senior citizens, adult, and minors. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Players

  • Aetna Inc.
  • AIA Group Limited
  • Allianz
  • ASSICURAZIONI GENERALI S.P.A.
  • Aviva
  • AXA
  • Cigna
  • Ping An Insurance (Group) Company of China, Ltd.
  • UnitedHealth Group
  • Zurich

Key benefits for stakeholders

  • The study provides in-depth analysis of the global health insurance market along with the current & future trends to illustrate the imminent investment pockets.
  • Information about key drivers, restrains, & opportunities and their impact analysis on the global health insurance market size are provided in the report.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis of the global health insurance market from 2021 to 2028 is provided to determine the market potential.

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET LANDSCAPE

3.1. MARKET DEFINITION AND SCOPE

3.2. KEY FINDINGS

3.2.1. Top investment pockets

3.2.2. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS

3.3.1. Bargaining power of suppliers

3.3.2. Threat of new entrants

3.3.3. Threat of substitutes

3.3.4. Competitive rivalry

3.3.5. Bargaining power among buyers

3.4. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 2020

3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.2. Restraints

3.5.3. Opportunities

3.6. COVID-19 IMPACT ANALYSIS ON HEALTH INSURANCE MARKET

3.6.1. Impact on health insurance market size

3.6.2. Change in consumer trends, preferences, and budget impact, owing to COVID-19

3.6.3. Framework for market challenges faced by health insurance providers

3.6.4. Economic impact on health insurance providers

3.6.5. Key player strategies to tackle negative impact on the industry

3.6.6. Opportunity analysis for health insurance

providers

CHAPTER 4: HEALTH INSURANCE MARKET BY DISTRIBUTION CHANNEL

CHAPTER 5: HEALTH INSURANCE MARKET BY INSURANCE TYPE

CHAPTER 6: HEALTH INSURANCE MARKET BY COVERAGE

CHAPTER 7: HEALTH INSURANCE MARKET BY END USER TYPE

CHAPTER 8: HEALTH INSURANCE MARKET BY AGE GROUP

CHAPTER 9: HEALTH INSURANCE MARKET BY REGION

CHAPTER 10: COMPANY PROFILES

For more information about this report visit https://www.researchandmarkets.com/r/vf0jvx

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Comment moderation is enabled. Your comment may take some time to appear.

Back to top button

Adblock detected

Please consider supporting us by disabling your ad blocker