U.S. Healthcare Insurance Market Size & Outlook, 2020-2027

The healthcare insurance market in the United States is expected to reach a projected revenue of US$ 1,598,010.0 million by 2027. A compound annual growth rate of 7.6% is expected of the United States healthcare insurance market from 2021 to 2027.
Revenue, 2020 (US$M)
$955,930.0
Forecast, 2027 (US$M)
$1,598,010.0
CAGR, 2021 - 2027
7.6%
Report Coverage
U.S.

U.S. healthcare insurance market highlights

  • The U.S. healthcare insurance market generated a revenue of USD 955,930.0 million in 2020 and is expected to reach USD 1,598,010.0 million by 2027.
  • The U.S. market is expected to grow at a CAGR of 7.6% 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.


Healthcare insurance market data book summary

Market revenue in 2020USD 955,930.0 million
Market revenue in 2027USD 1,598,010.0 million
Growth rate7.6% (CAGR from 2020 to 2027)
Largest segmentPrivate
Fastest growing segmentPrivate
Historical data2018 - 2019
Base year2020
Forecast period2021 - 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, U.S. accounted for 37.7% of the global healthcare insurance market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In North America, U.S. healthcare insurance market is projected to lead the regional market in terms of revenue in 2027.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 1,598,010.0 million by 2027.

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Healthcare Insurance Market Companies

Name Profile # Employees HQ Website

U.S. 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 52.69% in 2020. Horizon Databook has segmented the U.S. 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 country-level data and insights on the U.S. healthcare insurance market , including forecasts for subscribers. This country databook contains high-level insights into U.S. healthcare insurance market from 2018 to 2027, including revenue numbers, major trends, and company profiles.

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U.S. healthcare insurance market size, by provider, 2018-2027 (US$M)

U.S. Healthcare Insurance Market Outlook Share, 2020 & 2027 (US$M)

U.S. healthcare insurance market size, by provider, 2018-2027 (US$M)

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