insurance

Global Group Health Insurance Market Report to 2031

Published

9 months ago

January 6, 2023

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DUBLIN, Jan. 6, 2023 /PRNewswire/ — The “Group Health Insurance Market By Plan Kind, By Enterprise Dimension, By Distribution Channel: Global Alternative Evaluation and Business Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s providing.

Analysis and Markets Emblem

In keeping with this report the group medical insurance market dimension was valued at $744.04 billion in 2021, and is estimated to succeed in $1,800.08 billion by 2031, rising at a CAGR of 9.4% from 2022 to 2031.

A bunch medical insurance is a sort of medical insurance plan that covers a gaggle of people that work beneath the identical group. That is typically provided as a beneficial profit for workers because the premium for a similar is borne by employers. Group medical insurance protection will be prolonged to the relations of staff in some circumstances. This insurance coverage plan can also be known as company medical insurance or worker medical insurance.

Surge in worker retention, particularly after resolution of assorted governments to mandate all employers to supply medical insurance to their staff, which ends up in enhance in providing company medical insurance from a wide range of industries as an worker profit scheme.

Moreover, straightforward claiming and tax saving of group medical insurance are a number of the components that propel the market development. Nevertheless, enhance in group medical insurance premium price and invalid legal responsibility for retired staff are a number of the main components that restrict the group medical insurance market development. Quite the opposite, rise in geriatric inhabitants and demand for higher worker advantages in corporates is predicted to develop tremendously within the coming years.

The group medical insurance market is segmented on the idea of plan sort, enterprise dimension, distribution channel, and area. By plan sort, it’s segmented into totally insured plan, mixed-insured plan, and self-insured plan. By enterprise dimension, it’s bifurcated into massive enterprises, and micro, small, & medium enterprises (MSMEs). Primarily based on distribution channel, it’s segregated into brokers, direct gross sales, banks, and others. By area, it’s analyzed throughout North America, Europe, Asia-Pacific, and LAMEA.

The report analyzes the profiles of key gamers working within the group medical insurance market reminiscent of Anthem Insurance Corporations, Inc., Allianz Care, AXA, Aetna Inc., ACKO Basic Insurance Restricted, American Worldwide Group, Inc., Cigna, Chubb, IFFCO-Tokio Basic Insurance Firm Restricted, and United HealthCare Companies, Inc. These gamers have adopted varied methods to extend their market penetration and strengthen their place within the group medical insurance trade.

Key Advantages

The research gives in-depth evaluation of the worldwide group medical insurance market together with the present & future traits as an instance the approaching funding pockets.
Details about key drivers, restrains, & alternatives and their impression evaluation on the worldwide group medical insurance market dimension are offered within the report.
Porter’s 5 forces evaluation illustrates the efficiency of patrons and suppliers working within the trade.
The quantitative evaluation of the worldwide group medical insurance market from 2022 to 2031 is offered to find out the market potential.

Key Subjects Lined:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Prime funding pockets
3.3.Porter’s 5 forces evaluation
3.4.Prime participant positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Alternatives
3.6.COVID-19 Affect Evaluation available on the market

CHAPTER 4: GROUP HEALTH INSURANCE MARKET, BY PLAN TYPE
4.1 Overview
4.1.1 Market dimension and forecast
4.2 Absolutely Insured Plan
4.2.1 Key market traits, development components and alternatives
4.2.2 Market dimension and forecast, by area
4.2.3 Market evaluation by nation
4.3 Blended-insured Plan
4.3.1 Key market traits, development components and alternatives
4.3.2 Market dimension and forecast, by area
4.3.3 Market evaluation by nation
4.4 Self-insured Plan
4.4.1 Key market traits, development components and alternatives
4.4.2 Market dimension and forecast, by area
4.4.3 Market evaluation by nation

CHAPTER 5: GROUP HEALTH INSURANCE MARKET, BY ENTERPRISE SIZE
5.1 Overview
5.1.1 Market dimension and forecast
5.2 Giant Enterprises
5.2.1 Key market traits, development components and alternatives
5.2.2 Market dimension and forecast, by area
5.2.3 Market evaluation by nation
5.3 Micro, Small, and Medium Enterprises (MSMEs)
5.3.1 Key market traits, development components and alternatives
5.3.2 Market dimension and forecast, by area
5.3.3 Market evaluation by nation

CHAPTER 6: GROUP HEALTH INSURANCE MARKET, BY DISTRIBUTION CHANNEL
6.1 Overview
6.1.1 Market dimension and forecast
6.2 Brokers
6.2.1 Key market traits, development components and alternatives
6.2.2 Market dimension and forecast, by area
6.2.3 Market evaluation by nation
6.3 Direct Sale
6.3.1 Key market traits, development components and alternatives
6.3.2 Market dimension and forecast, by area
6.3.3 Market evaluation by nation
6.4 Banks
6.4.1 Key market traits, development components and alternatives
6.4.2 Market dimension and forecast, by area
6.4.3 Market evaluation by nation
6.5 Others
6.5.1 Key market traits, development components and alternatives
6.5.2 Market dimension and forecast, by area
6.5.3 Market evaluation by nation

CHAPTER 7: GROUP HEALTH INSURANCE MARKET, BY REGION

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Prime profitable methods
8.3. Product Mapping of Prime 10 Participant
8.4. Aggressive Dashboard
8.5. Aggressive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Anthem Insurance Corporations, Inc.
9.1.1 Firm overview
9.1.2 Firm snapshot
9.1.3 Working enterprise segments
9.1.4 Product portfolio
9.1.5 Enterprise efficiency
9.1.6 Key strategic strikes and developments
9.2 Allianz Care
9.2.1 Firm overview
9.2.2 Firm snapshot
9.2.3 Working enterprise segments
9.2.4 Product portfolio
9.2.5 Enterprise efficiency
9.2.6 Key strategic strikes and developments
9.3 AXA
9.3.1 Firm overview
9.3.2 Firm snapshot
9.3.3 Working enterprise segments
9.3.4 Product portfolio
9.3.5 Enterprise efficiency
9.3.6 Key strategic strikes and developments
9.4 Aetna Inc.
9.4.1 Firm overview
9.4.2 Firm snapshot
9.4.3 Working enterprise segments
9.4.4 Product portfolio
9.4.5 Enterprise efficiency
9.4.6 Key strategic strikes and developments
9.5 ACKO Basic Insurance Restricted
9.5.1 Firm overview
9.5.2 Firm snapshot
9.5.3 Working enterprise segments
9.5.4 Product portfolio
9.5.5 Enterprise efficiency
9.5.6 Key strategic strikes and developments
9.6 American Worldwide Group, Inc.
9.6.1 Firm overview
9.6.2 Firm snapshot
9.6.3 Working enterprise segments
9.6.4 Product portfolio
9.6.5 Enterprise efficiency
9.6.6 Key strategic strikes and developments
9.7 Cigna
9.7.1 Firm overview
9.7.2 Firm snapshot
9.7.3 Working enterprise segments
9.7.4 Product portfolio
9.7.5 Enterprise efficiency
9.7.6 Key strategic strikes and developments
9.8 Chubb
9.8.1 Firm overview
9.8.2 Firm snapshot
9.8.3 Working enterprise segments
9.8.4 Product portfolio
9.8.5 Enterprise efficiency
9.8.6 Key strategic strikes and developments
9.9 IFFCO-Tokio Basic Insurance Firm
9.9.1 Firm overview
9.9.2 Firm snapshot
9.9.3 Working enterprise segments
9.9.4 Product portfolio
9.9.5 Enterprise efficiency
9.9.6 Key strategic strikes and developments
9.10 United HealthCare Companies, Inc.
9.10.1 Firm overview
9.10.2 Firm snapshot
9.10.3 Working enterprise segments
9.10.4 Product portfolio
9.10.5 Enterprise efficiency
9.10.6 Key strategic strikes and developments