How big is the India Health and Medical Insurance Market?

The India Health and Medical Insurance Market size is expected to reach INR 0.91 trillion in 2024 and grow at a CAGR of 10.60% to reach INR 1.5 trillion by 2029. Read More

What is the current India Health and Medical Insurance Market size?

In 2024, the India Health and Medical Insurance Market size is expected to reach INR 0.91 trillion. Read More

Who are the key players in India Health and Medical Insurance Market?

Star Health and Allied Insurance Co Ltd, Aditya Birla Group, Niva Bupa Health Insurance Company Limited, Bajaj Allianz Health Insurance and Bharti AXA Life Insurance are the major companies operating in the India Health and Medical Insurance Market. Read More

What years does this India Health and Medical Insurance Market cover, and what was the market size in 2023?

In 2023, the India Health and Medical Insurance Market size was estimated at INR 0.81 trillion. The report covers the India Health and Medical Insurance Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the India Health and Medical Insurance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Which segment accounts for the largest share of the Indian Health Insurance Market?

The Individual health insurance segment accounts for the largest share of the Indian Health Insurance Market. Read More

What are the major trends in the India Health Insurance Market?

The major trends in the India Health Insurance Market are a) Focus on technology adoption for improved healthcare delivery b) Introduction of new health insurance products c) Increasing competition among insurance providers Read More

India Health And Medical Insurance Market Share

Statistics for the 2023 & 2024 India Health And Medical Insurance market share, created by Mordor Intelligence™ Industry Reports. India 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.

Market Share of India Health And Medical Insurance Industry

The Health and Medical Insurance Market is moderately consolidated. The increasing number of new players in the market is expected to increase the competition levels for the established market players. The rapid adoption of advanced technology for improved healthcare, as well as the introduction of new policies, are significant factors influencing the competitive nature. Furthermore, to gain market share, players are employing various strategies such as expansion, merger and acquisition, partnership, and collaboration.Some of the key players operating in the market are Star Health, Aditya Birla, Niva Bupa Health Insurance (Formerly known as Max Bupa Health Insurance), Bajaj Allianz Health Insurance, Bharti AXA Life Insurance, Reliance Health Insurance, and others.