Health Insurance in Canada Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Canadian Health Insurance Companies and the Market is Segmented by Product Type (Private, Public), Term of Coverage (Short, Long), and Channel of Distribution (Brokers/Agents, Banks, Direct Purchases, Companies, Other Channels of Distribution). The Report Offers Market Size and Forecast Values for the Canada Health and Medical Insurance Market in (USD) for the Above Segments.

Health Insurance in Canada Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Canadian Health Insurance Industry Overview

It is a fragmented market, with the leading players, such as SunLife, Manulife, and Canada Life Assurance Company, contributing more than one-fourth of the total health insurance market in 2021. However, competition is tightening as consumers become more aware of the benefits of having additional private health coverage. The consumers are resorting to additional health benefits offered by the private players, besides receiving Medicare benefits free of charge. It has major players Manulife, Sun life Financial, Ontario Blue Cross, The Canada Life Assurance Company, and Group Medical Services

Canadian Health Insurance Market Leaders

  1. Manulife

  2. Sun life Financial

  3. Ontario Blue Cross

  4. The Canada Life Assurance Company

  5. Group Medical Services

  6. *Disclaimer: Major Players sorted in no particular order
Screenshot Canad.png

Health Insurance Industry in Canada Report Snapshots

80% of our clients seek made-to-order reports. How do you want us to tailor yours?