Adroit Market Research Health Insurance Market Analysis, Industry Report | Page 2

Adroit Market Research Global Health Insurance Market Size, Status and Forecast 2018-2025 • Global health insurance market providers reached $xx trillion in 2016. This market is estimated to reach $xx trillion in 2025 from $xx trillion in 2018 at a compound annual growth rate (CAGR) of xx%. Enhanced GDPs of various nations across the globe has shored up the growth of global health insurance market. To the records, it’s been registered that rising per capita incomes, growing number of people with a relatively high income and the development of middle class has multiplied health insurance industry revenue. • Implementation of Solvency II is considered as major reform in the European Insurance Industry of 2016. This has positively impacted the activities of both authorities supervising them and insurance companies. This transition, to certain extent, has led enhancement and progress in information collection in EU/EEA countries, registering analysis of trend cumbersome for some nation during the transitional period (between 2015 and 2016). • Several companies have put efforts to make their products unparalleled by developing their offerings as transparent as possible. This has enabled the buyers to make easy comparison and comprehend the terms of insurance and the products they accept from these companies. Moreover, integration of solutions through cloud computing, modeling techniques and data analytics is also projected to encourage market growth. [phone] [email protected] www.adroitmarketresearch.com