thereportsworld

  Health Insurance Market Share Overview The Global Health Insurance Market Share is expected to grow significantly during the forecast period. Health insurance offers groups or individuals with cover for the medical costs of illness or accidents. Health insurers also provide other products, such as long-term care insurance for critical illness. It is anticipated that the market held a valuation of USD 137.4 billion in 2018 and is projected to register a CAGR of 6% during the forecast period. The increasing participation of key players is one of the key factors driving the Health Insurance Market Share. For example, Reliance Health Insurance, a subsidiary of Reliance Capital, has received the necessary approvals from the Insurance Regulatory and Development Authority of India (IRDAI) and has begun its operations from December 2018. Moreover, increasing research & development in the healthcare sector and an increase in the number of hospitals are boosting the growth of the glo...