Health Insurance Key Players | Innovation and Product Evolution | Market Entry and Expansion Strategies | Investment and Capital Allocation | Technology Commercialization

Health Insurance Companies and Market Forecast

The global health insurance market size is calculated at USD 1.78 trillion in 2024 and is expected to be worth USD 3.63 trillion by 2034, expanding at a CAGR of 7.4% from 2024 to 2034.

Health Insurance Market Companies

• Cigna Corporation
• CVS Health Corporation
• Allianz
• Centene Corporation
• United Healthcare Services, Inc.
• National Insurance Company Limited
• Bupa Global
• Humana, Inc.
• AIA Group Limited

Recent Developments in the Health Insurance Market

• In November 2024, the Life Insurance Corporation of India (LIC) acquired an independent health insurance firm and expects to enter the health insurance industry by 2025.
• In November 2024, MyBenefits announced a collaboration with Metropolitan Life, a leading life and health insurance company, to offer direct access to the employees using the MyBenefits platform to health insurance packages.
• In May 2024, two million Canadian seniors were approved to receive insurance coverage under the Canadian Dental Care Plan since its release, i.e. within one month.