DUBLIN--(BUSINESS WIRE)--The "Health Insurance Market - The Changing Dynamics" report has been added to Research and Markets' offering.
Health Insurance Market - The Changing Dynamics provides a comprehensive analysis of market size of health insurance industry on the basis of premium underwritten, number of policies covered, market segmentation by public, private and standalone premium underwritten and schemes such as government, individual and group. The health insurance market has grown at a year on year growth rate of around 31% in 2015-16. The research report offers a well-framed picture of health insurance market dynamics, essential to get a grasp of the market nerve.
As per our research, the group health insurance schemes have a dominating share of around 48% followed by individual health insurance schemes and government sponsored health insurance scheme. While government sponsored health scheme continued to lose its share, Individual health insurance schemes continued to grow the fastest at a CAGR of 21% during the period of 2011-12 to 2015-16. Our study finds that Maharashtra incurred highest gross premium with a share of 31% amongst other Indian states and reveals that the eastern part of India holds huge opportunity for the health insurers in the country.
Market Dynamics
Market Trends and Drivers
- Digital Insurance Kindling the Health Insurance Sector
- New Entrants Rekindling the Reinsurance Industry
- Flexible Insurance Products by Players
- Foreign Direct Investment
- Expanding Middle Class Population
- Increasing Literacy Rate and Awareness
- Increase in Prevalence of Chronic Diseases
Industry Challenges
- High Quantum of Premium
- Health Insurance: Luxury for rural population
- Inadequate Healthcare Infrastructure
- Skewed Distribution of Health Business across various States and Union Territories
- Insufficient Data for Health Insurance Plans
- High Claim Ratio
- Low Consumer Awareness
Key Topics Covered:
1. Analyst View
2. Healthcare Demographics
3. Indian Insurance Industry - Introduction
4. Indian Health Insurance Industry Segmentation
5. Indian Health Insurance Scheme
6. Health Insurance Analysis by Region & State
7. Health Insurers by Sector
8. Market Trends and Drivers
9. Government Policies and Initiatives
10. Industry Challenges
11. Health Insurance Industry: Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/pwm829/health_insurance
