Canada Health And Medical Insurance Market Share

Statistics for the 2023 & 2024 Canada Health And Medical Insurance market share, created by Mordor Intelligence™ Industry Reports. Canada Health And Medical Insurance share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Canada Health And Medical Insurance Industry

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

*Disclaimer: Major Players sorted in no particular order

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Health Insurance Industry in Canada Report Snapshots

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