Global Healthcare Insurance Market Size & Outlook

The healthcare insurance industry worldwide is expected to reach a projected revenue of US$ 4,000,900.0 million by 2027. A compound annual growth rate of 6.7% is expected of the worldwide healthcare insurance industry from 2021 to 2027.
Revenue, 2020 (US$M)
$2,536,060.0
Forecast, 2027 (US$M)
$4,000,900.0
CAGR, 2021 - 2027
6.7%
Report Coverage
Worldwide

Global healthcare insurance market highlights

  • The global healthcare insurance market generated a revenue of USD 2,536,060.0 million in 2020 and is expected to reach USD 4,000,900.0 million by 2027.
  • The market is expected to grow at a CAGR (2021 - 2027) of 6.7% by 2027.
  • In terms of segment, public accounted for a revenue of USD 1,408,390.0 million in 2020.
  • Private is the most lucrative provider segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2020.
  • Country-wise, UAE is expected to register the highest CAGR from 2021 to 2027.

Global data book summary

Market revenue in 2020USD 2,536,060.0 million
Market revenue in 2027USD 4,000,900.0 million
Growth rate6.7% (CAGR from 2020 to 2027)
Largest segmentPublic
Fastest growing segmentPrivate
Historical data covered2018 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPublic, Private

Other key industry trends

  • In terms of revenue, the North America accounted for 41.3% of the global healthcare insurance market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, UAE is the fastest growing regional market and is projected to reach USD 45,120.0 million by 2027.

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Healthcare Insurance Market Companies

Name Profile # Employees HQ Website

Global healthcare insurance market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare insurance market will help companies and investors design strategic landscapes.


Public was the largest segment with a revenue share of 55.53% in 2020. Horizon Databook has segmented the Global healthcare insurance market based on public, private covering the revenue growth of each sub-segment from 2018 to 2027.


  • Global Healthcare Insurance Provider Outlook (Revenue, USD Million, 2018-2027)
    • Public
    • Private
  • Global Healthcare Insurance Coverage Type Outlook (Revenue, USD Million, 2018-2027)
    • Life Insurance
    • Term Insurance
  • Global Healthcare Insurance Health Insurance Plans Outlook (Revenue, USD Million, 2018-2027)
    • Health Maintenance Organization (HMO) Plans
    • Preferred Provider Organization (PPO) 
    • Exclusive Provider Organization (EPO)
    • Point of Service (POS)
    • High Deductible Health Plans (HDHP)
  • Global Healthcare Insurance Level of Coverage Type Outlook (Revenue, USD Million, 2018-2027)
    • Bronze
    • Silver
    • Gold
    • Platinum
  • Global Healthcare Insurance Demographics Outlook (Revenue, USD Million, 2018-2027)
    • Minors
    • Adults
    • Seniors
  • Global Healthcare Insurance End Use Outlook (Revenue, USD Million, 2018-2027)
    • Individuals
    • Corporates
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global healthcare insurance market , including forecasts for subscribers. This global databook contains high-level insights into Global healthcare insurance market from 2018 to 2027, including revenue numbers, major trends, and company profiles.

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Global healthcare insurance market size, by regions, 2018-2027 (US$M)

Top 10 countries: Healthcare insurance market size, 2020 (US$M)

Global healthcare insurance market share, by provider, 2020 & 2027 (%, US$M)

Healthcare insurance market: Opportunity assessment by country

Global healthcare insurance market, by region, 2020 (US$M)

Global healthcare insurance market size, by regions, 2018-2027 (US$M)

Provider 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 CAGR
North America 913,890.0 977,800.0 1,047,030.0 1,122,040.0 1,203,410.0 1,291,700.0 1,387,590.0 1,491,790.0 1,605,090.0 1,728,390.0 7.4%
Europe 570,750.0 602,770.0 637,110.0 673,930.0 713,470.0 755,930.0 801,550.0 850,610.0 903,390.0 960,220.0 6.0%
Asia Pacific 324,070.0 352,250.0 383,010.0 416,620.0 453,350.0 493,520.0 537,480.0 585,610.0 638,340.0 696,150.0 8.9%
Latin America 219,290.0 231,270.0 244,100.0 257,830.0 272,570.0 288,370.0 305,320.0 323,520.0 343,070.0 364,080.0 5.9%
MEA 215,310.0 220,090.0 224,810.0 229,440.0 233,930.0 238,230.0 242,270.0 245,970.0 249,260.0 252,060.0 1.7%
Overall 2,243,310.0 2,384,180.0 2,536,060.0 2,699,860.0 2,876,730.0 3,067,750.0 3,274,210.0 3,497,500.0 3,739,150.0 4,000,900.0 6.7%

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