Global market for health insurance crossed USD 3 trillion in 2022 and will register a 5.5% CAGR from 2023-2032, owing to the rise in GDP and healthcare expenditure worldwide.
Critical illness health insurance market size is poised to surpass USD 2 trillion by 2032, due to the rising prevalence of cancer and other life-threatening diseases.
Senior citizens segment will register more than 3.5% CAGR through 2023-2032, driven by the growing geriatric population and healthcare spending in the region.
Aetna, Centene, Cigna Corporation, HCSC, Highmark Inc., Kaiser Permanente, Ottonova, and United Healthcare are some of the leading firms in the market.