United States Health Insurance Market By US Industry Size, Share, Trends, Opportunity and Forecast 2025 - TechSci Research

United States health insurance market is expected to grow at an impressive rate during the forecast period. The United States health insurance market is driven by the increasing prices of availing healthcare facilities and treatment. Besides, increasing awareness pertaining to healthcare and safety is expected to spur the market growth in the country. Additionally, supportive government policies and schemes, through which the government provides various legislations to provide health insurance coverage such as the Affordable Care Act, 2010, is further expected to fuel the market over the next few years.  Furthermore, the sudden outbreak and spread of pandemic COVID-19 has made many health insurance policy provider companies to expand coverage for the novel disease in healthcare policies. Also, the companies have started covering telehealth services as a part of their health insurance policies and are waving off all the co-payments and deductibles for telehealth services. Looking at the severity of the current situation in the country due to COVID-19 people are preferring telehealth & telemedicine services. These factors are further expected to create lucrative opportunities for the market growth through 2025.

The United States health insurance market is segmented based on type of insurance provider, insurance type, type of scheme, type of coverage, term of coverage, mode of purchase, end users, company and region. Based on end users, the market can be grouped into minors, adults and senior citizens. Among these, the adults segment is expected to dominate the market owing to the increasing prevalence of various diseases such as chronic diseases and sedentary lifestyle associated diseases. Additionally, this group of population majorly includes working population and mandates pertaining to health insurance of employees in different private and public sectors, thereby driving the segmental growth. On the other hand, the minor segment is also expected to hold a significant share in the market owing to the increasing healthcare awareness among the population. Additionally, major players operating in the market are coming up with attractive plans and policies with lots of insurance benefits, thereby fueling the segmental growth.

Major players operating in the health insurance market include Anthem, Inc, AXA Equitable Life Insurance Company, Unitedhealth Group Inc., State Farm Group, Centene Corporation, Cigna, Berkshire Hathaway Inc., International Medical Group, Inc., Humana Group, HCSC Group and others. The companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.


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Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and estimate the market size of United States health insurance market from 2015 to 2018.
  • To estimate and forecast the market size of United States health insurance market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast United States health insurance market based on type of insurance provider, insurance type, type of scheme, type of coverage, term of coverage, mode of purchase, end users, company and regional distribution.
  • To identify dominant region or segment in the United States health insurance market.
  • To identify drivers and challenges for United States health insurance market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States health insurance market.
  • To identify and analyze the profile of leading players operating in United States health insurance market.
  • To identify key sustainable strategies adopted by market players in United States health insurance market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, vendors and presence of all major players across the globe.

TechSci Research calculated the market size of United States health insurance market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Health insurance service providers, vendors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to health insurance
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, vendors, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, United States health insurance market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • United States Health Insurance Market, By Type of Insurance Provider:
    • Public
    • Private
    • Standalone Health Insurers
  • United States Health Insurance Market, By Insurance Type:
    • Disease
    • Medical
    • Income Protection
  • United States Health Insurance Market, By Type of Scheme:
    • Voluntary
    • Mandatory
    • Community-based
    • Employer based
  • United States Health Insurance Market, By Type of Coverage:
    • Individual
    • Family
  • United States Health Insurance Market, By Term of Coverage:
    • Term
    • Lifetime
  • United States Health Insurance Market, By Mode of Purchase:
    • Direct Company Representatives
    • Online Portal
    • Insurance Agent
  • United States Health Insurance Market, By End Users:
    • Minors
    • Adults
    • Senior Citizens
  • United States Health Insurance Market, By Region:
    • North-East
    • Mid-West
    • West
    • South

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States health insurance market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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