COVID-19 Impact On Health Insurance Industry | 2020 Market Analysis By Healthcare...

COVID-19 Impact On Health Insurance Industry | 2020 Market Analysis By Healthcare Sector, Business, Global Market Size, Share Estimation, Growth Impact, Trends, Region With Forecast To 2026

54
0
SHARE


The MarketWatch News Department was not involved in the creation of this content.

Sep 16, 2020 (The Expresswire) —
Health Insurance Market | 2020 Industry Forecast By COVID-19 Impact Size Estimation, Growth Rate, Trends, Company Share, Merger, Competitive and Regional Analysis To 2026 is latest trending research report on “Global Health Insurance Market”, published by Fortune Business Insights. Report contains comprehensive information about Health Insurance Market Analysis By COVID-19 Impact On Healthcare Sector, Business, Service Providers With Global Market Forecast To 2026. Report also discusses Health Insurance business growth strategies, competitive, regional market insights, emerging key companies in market.

Report segments information on Global Health Insurance Market By Payer Type (Public, Private), By Provider Type (Hospitals and Ambulatory Surgery Centers, Speciality Clinics, Diagnostic Centers, Others), By Network Type (Exclusive Provider Organization (EPO), Health Maintenance Organization (HMO), Point of Service (POS), Preferred Provider Organization (PPO)) Others and Regional Forecast, 2019-2026.

Get Sample Report Copy On COVID-19 Impact On Global Health Insurance Market

Global Health Insurance Key Companies Studied In Report are:

  • ASSICURAZIONI GENERALI S.P.A.

  • Allianz

  • United HealthCare Services, Inc.

  • Aetna Inc.

  • Cigna,

  • Health Net, LLC.

  • Pacific Prime Insurance Brokers Limited (PPIB)

An Overview of the Impact of COVID-19 on Health Insurance Market:

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. The coronavirus incident has caused major damage to all the industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain.

Global Health Insurance Market Analysis 2020:

The global health insurance market size is expected to foresee substantial growth owing to rising prevalence of chronic disease and burden of costly medical treatments in developing economies during the forecast period. A health insurance is a plan offered by several companies to insure a person from healthcare expenses. In addition to this, rising prevalence of chronic disease is propelling the demand for health insurance among people to safeguard their healthcare expenses in future. A typical standard healthcare insurance covers several medical costs such as hospitalization expenses, admission chargers, pharmacy charges, and consulting charges, among others. Furthermore, in most of the countries the employers insure their employees to safeguard the employees from chronic illness. Moreover, several health insurances provide cashless healthcare services that the patients can avail in times of emergency.

The global Health Insurance market is projected to witness rapid growth in the coming years driven by the massive investments in product RandD. The recent coronavirus outbreak has brought major businesses to a standstill. Due to travel bans, companies in this sector are likely to take a huge hit in the coming years. Ultimately, the rapid spread of the disease has urged governments to take strict measures. The report includes the impact on Covid-19 pandemic on the global Health Insurance market and discusses how major companies are coping with this.

The rapid pace at which the novel coronavirus, COVID-19 is spreading across the globe has propelled people to get themselves insured. Health and Life insurance has witnessed a spontaneous growth in recent times. Awareness among people that they can be at risk any given time is driving them to stay adequately protected. This development is expected to drive the market growth in coming time. Furthermore, insurers are coming with policies that extensively cover the global pandemic along with plethora of other diseases. For instance, the Insurance Regulatory and Development Authority of India (IRDAI) has advised the insurers to offer need-based products owing to coronavirus. The need-based products will benefit the insurance holder, as he will be paid during the occurrence of the event wherein no bills are required. Moreover, it is likely that in near future the insurance companies will comes up with innovative plans that will cater to disease-specific insurance needs.

The market report includes an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations and are contributing to the growth of the market between 2019 and 2026. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market. Moreover, information on the adoption of strategies such as merger and acquisition, collaboration, partnerships, and joint ventures by the companies that will drive the growth of the market has been included during the projected horizon.

In June 2019, HDFC ERGO General Insurance announced its plan to acquire Apollo Munich Health Insurance from the stable of Apollo Hospitals Enterprise. This acquisition is estimated to be worth INR 1347 crores and will create a strong health insurance base for HDFC. Adoption of strategies such as merger and acquisition, joint ventures, partnerships, and product launches by the companies to outshine the competition and gain market stronghold will positively affect the growth of the market during the forecast period. Furthermore, government efforts to promote awareness among the people is prompting the key players to come up with innovative products to cater to the increasing demand of the people across the globe during the forecast period.

The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market. Furthermore, the report offers a detailed analysis and information as perHealth Insurance Market Analysisby manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

Health Insurance Market Regional Insights:

Among the regions, North America is expected to remain dominant and gain maximum health insurance market revenue in the forthcoming years. This is ascribable to factors such as favorable health reimbursement policies, high cost of medical products, and provision for mandatory health insurance of the employees. The market in Europe will witness growth owing to increasing number of beneficiaries availing the government health insurance plans during the projected horizon.

Asia-Pacific, on the other hand, is anticipated to rise during the forecast period. This is attributable to factors such as high disposable income and high spending capacity of several people. Furthermore, rising prevalence of disease and increasing number of private insurers are the driving factors for the growth of the market during the forecast period. Overall, the market in the Middle East and Africa will rise significantly owing to increasing availability of healthcare services between 2019 and 2026.

Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

This Report Answers the Following Questions:

  • Which regulations will be most helpful for stakeholders to boost their supply chain network?

  • What are the market growth drivers, obstacles, and trends?

  • Which region is likely to dominate the market in terms of revenue?

  • What can be the best investment choices for venturing into new product and service lines?

  • Which crucial business strategies are being followed by players to drive sales?

  • Which segment is set to lead the market by generating the largest share?

  • What value propositions should businesses aim at while making new research and development funding?

  • Which regions might see the demand maturing in certain segments in near future?

  • What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

  • Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

  • Which government regulations might challenge the status of key regional markets?

  • How will the emerging political and economic scenario affect opportunities in key growth areas?

  • What are some of the value-grab opportunities in various segments?

  • What will be the barrier to entry for new players in the market?

Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.

  • Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market

  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market

  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market

Table of Content:

1 Health Insurance Market Overview
1.1 Health Insurance Product Overview
1.2 Health Insurance Market Segment by Type
1.2.1 Granular Activated Carbon (GAC) Filters
1.2.2 Carbon Block Filters
1.3 Global Health Insurance Market Size by Type (2015-2026)
1.3.1 Global Health Insurance Market Size Overview by Type (2015-2026)
1.3.2 Global Health Insurance Historic Market Size Review by Type (2015-2020)
1.3.2.1 Global Health Insurance Sales Market Share Breakdown by Type (2015-2026)
1.3.2.2 Global Health Insurance Revenue Market Share Breakdown by Type (2015-2026)
1.3.2.3 Global Health Insurance Average Selling Price (ASP) by Type (2015-2026)
1.3.3 Global Health Insurance Market Size Forecast by Type (2021-2026)
1.3.3.1 Global Health Insurance Sales Market Share Breakdown by Application (2021-2026)
1.3.3.2 Global Health Insurance Revenue Market Share Breakdown by Application (2021-2026)
1.3.3.3 Global Health Insurance Average Selling Price (ASP) by Application (2021-2026)
1.4 Key Regions Market Size Segment by Type (2015-2020)
1.4.1 North America Health Insurance Sales Breakdown by Type (2015-2026)
1.4.2 Europe Health Insurance Sales Breakdown by Type (2015-2026)
1.4.3 Asia-Pacific Health Insurance Sales Breakdown by Type (2015-2026)
1.4.4 Latin America Health Insurance Sales Breakdown by Type (2015-2026)
1.4.5 Middle East and Africa Health Insurance Sales Breakdown by Type (2015-2026)
2 Global Health Insurance Market Competition by Company
2.1 Global Top Players by Health Insurance Sales (2015-2020)
2.2 Global Top Players by Health Insurance Revenue (2015-2020)
2.3 Global Top Players Health Insurance Average Selling Price (ASP) (2015-2020)
2.4 Global Top Manufacturers Health Insurance Manufacturing Base Distribution, Sales Area, Product Type
2.5 Health Insurance Market Competitive Situation and Trends
2.5.1 Health Insurance Market Concentration Rate (2015-2020)
2.5.2 Global 5 and 10 Largest Manufacturers by Health Insurance Sales and Revenue in 2019
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Health Insurance as of 2019)
2.7 Date of Key Manufacturers Enter into Health Insurance Market
2.8 Key Manufacturers Health Insurance Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Health Insurance Status and Outlook by Region (2015-2026)
3.1 Global Health Insurance Market Size and CAGR by Region: 2015 VS 2020 VS 2026
3.2 Global Health Insurance Market Size Market Share by Region (2015-2020)
3.2.1 Global Health Insurance Sales Market Share by Region (2015-2020)
3.2.2 Global Health Insurance Revenue Market Share by Region (2015-2020)
3.2.3 Global Health Insurance Sales, Revenue, Price and Gross Margin (2015-2020)
3.3 Global Health Insurance Market Size Market Share by Region (2021-2026)
3.3.1 Global Health Insurance Sales Market Share by Region (2021-2026)
3.3.2 Global Health Insurance Revenue Market Share by Region (2021-2026)
3.3.3 Global Health Insurance Sales, Revenue, Price and Gross Margin (2021-2026)
3.4 North America Health Insurance Market Size By Growth (2015-2026)
3.4.1 North America Health Insurance Revenue By Growth (2015-2026)
3.4.2 North America Health Insurance Sales By Growth (2015-2026)
3.5 Asia-Pacific Health Insurance Market Size By Growth (2015-2026)
3.5.1 Asia-Pacific Health Insurance Revenue By Growth (2015-2026)
3.5.2 Asia-Pacific Health Insurance Sales By Growth (2015-2026)
3.6 Europe Health Insurance Market Size By Growth (2015-2026)
3.6.1 Europe Health Insurance Revenue By Growth (2015-2026)
3.6.2 Europe Health Insurance Sales By Growth (2015-2026)
3.7 Latin America Health Insurance Market Size By Growth (2015-2026)
3.7.1 Latin America Health Insurance Revenue By Growth (2015-2026)
3.7.2 Latin America Health Insurance Sales By Growth (2015-2026)
3.8 Middle East and Africa Health Insurance Market Size By Growth (2015-2026)
3.8.1 Middle East and Africa Health Insurance Revenue By Growth (2015-2026)
3.8.2 Middle East and Africa Health Insurance Sales By Growth (2015-2026)
4 Global Health Insurance by Application
4.1 Health Insurance Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Health Insurance Sales by Application: 2015 VS 2020 VS 2026
4.3 Global Health Insurance Historic Sales by Application (2015-2020)
4.4 Global Health Insurance Forecasted Sales by Application (2021-2026)
4.5 Key Regions Health Insurance Market Size by Application
4.5.1 North America Health Insurance by Application
4.5.2 Europe Health Insurance by Application
4.5.3 Asia-Pacific Health Insurance by Application
4.5.4 Latin America Health Insurance by Application
4.5.5 Middle East and Africa Health Insurance by Application
5 North America Health Insurance Market Size by Country (2015-2026)
5.1 North America Market Size Market Share by Country (2015-2020)
5.1.1 North America Health Insurance Sales Market Share by Country (2015-2020)
5.1.2 North America Health Insurance Revenue Market Share by Country (2015-2020)
5.2 North America Market Size Market Share by Country (2021-2026)
5.2.1 North America Health Insurance Sales Market Share by Country (2021-2026)
5.2.2 North America Health Insurance Revenue Market Share by Country (2021-2026)
5.3 North America Market Size By Growth by Country
5.3.1 U.S. Health Insurance Market Size By Growth (2015-2026)
5.3.2 Canada Health Insurance Market Size By Growth (2015-2026)
6 Europe Health Insurance Market Size by Country (2015-2026)
6.1 Europe Market Size Market Share by Country (2015-2020)
6.1.1 Europe Health Insurance Sales Market Share by Country (2015-2020)
6.1.2 Europe Health Insurance Revenue Market Share by Country (2015-2020)
6.2 Europe Market Size Market Share by Country (2021-2026)
6.2.1 Europe Health Insurance Sales Market Share by Country (2021-2026)
6.2.2 Europe Health Insurance Revenue Market Share by Country (2021-2026)
6.3 Europe Market Size By Growth by Country
6.3.1 Germany Health Insurance Market Size By Growth (2015-2026)
6.3.2 France Health Insurance Market Size By Growth (2015-2026)
6.3.3 U.K. Health Insurance Market Size By Growth (2015-2026)
6.3.4 Italy Health Insurance Market Size By Growth (2015-2026)
6.3.5 Russia Health Insurance Market Size By Growth (2015-2026)
7 Asia-Pacific Health Insurance Market Size by Country (2015-2026)
7.1 Asia-Pacific Market Size Market Share by Country (2015-2020)
7.1.1 Asia-Pacific Health Insurance Sales Market Share by Country (2015-2020)
7.1.2 Asia-Pacific Health Insurance Revenue Market Share by Country (2015-2020)
7.2 Asia-Pacific Market Size Market Share by Country (2021-2026)
7.2.1 Asia-Pacific Health Insurance Sales Market Share by Country (2021-2026)
7.2.2 Asia-Pacific Health Insurance Revenue Market Share by Country (2021-2026)
7.3 Asia-Pacific Market Size By Growth by Country
7.3.1 China Health Insurance Market Size By Growth (2015-2026)
7.3.2 Japan Health Insurance Market Size By Growth (2015-2026)
7.3.3 South Korea Health Insurance Market Size By Growth (2015-2026)
7.3.4 India Health Insurance Market Size By Growth (2015-2026)
7.3.5 Australia Health Insurance Market Size By Growth (2015-2026)
7.3.6 Taiwan Health Insurance Market Size By Growth (2015-2026)
7.3.7 Indonesia Health Insurance Market Size By Growth (2015-2026)
7.3.8 Thailand Health Insurance Market Size By Growth (2015-2026)
7.3.9 Malaysia Health Insurance Market Size By Growth (2015-2026)
7.3.10 Philippines Health Insurance Market Size By Growth (2015-2026)

Continue…

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune -411045, Maharashtra, India.

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit COVID-19 Impact On Health Insurance Industry | 2020 Market Analysis By Healthcare Sector, Business, Global Market Size, Share Estimation, Growth Impact, Trends, Region With Forecast To 2026

COMTEX_371361035/2598/2020-09-16T01:25:15

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

The MarketWatch News Department was not involved in the creation of this content.



Source link

LEAVE A REPLY