The "Health Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com' s offering. The global health insurance market reached a value of US$ 1,590 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 2426.6 Billion by 2027, exhibiting a CAGR of 7.2%.
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Health Insurance Market Report, Industry Overview, Growth Rate and Forecast 2026
iCrowd Newswire
04 May 2021, 18:27 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 h