North America Healthcare Insurance Market Size & Outlook

The healthcare insurance market in North America is expected to reach a projected revenue of US$ 1,728,390.0 million by 2027. A compound annual growth rate of 7.4% is expected of North America healthcare insurance market from 2021 to 2027.
Revenue, 2020 (US$M)
$1,047,030.0
Forecast, 2027 (US$M)
$1,728,390.0
CAGR, 2021 - 2027
7.4%
Report Coverage
North America

North America healthcare insurance market highlights

  • The North America healthcare insurance market generated a revenue of USD 1,047,030.0 million in 2020.
  • The market is expected to grow at a CAGR of 7.4% from 2021 to 2027.
  • In terms of segment, private was the largest revenue generating provider in 2020.
  • Private is the most lucrative provider segment registering the fastest growth during the forecast period.
  • Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2027.


North America data book summary

Market revenue in 2020USD 1,047,030.0 million
Market revenue in 2027USD 1,728,390.0 million
Growth rate7.4% (CAGR from 2020 to 2027)
Largest segmentPrivate
Fastest growing segmentPrivate
Historical data covered2018 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPublic, Private
Key market players worldwideUnitedHealth Group Inc, aetna, Elevance Health Inc, Aviva PLC, Allianz SE, Centene Corp, The Cigna Group, CVS Health Corp, Humana Inc


Other key industry trends

  • In terms of revenue, North America region accounted for 41.3% of the global healthcare insurance market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 696,150.0 million by 2027.

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Healthcare Insurance Market Companies

Name Profile # Employees HQ Website

North America 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.


Private was the largest segment with a revenue share of 50.83% in 2020. Horizon Databook has segmented the North America healthcare insurance market based on public, private covering the revenue growth of each sub-segment from 2018 to 2027.


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

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North America healthcare insurance market size, by country, 2018-2027 (US$M)

North America Healthcare Insurance Market Outlook Share, 2020 & 2027 (US$M)

North America healthcare insurance market size, by country, 2018-2027 (US$M)

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