Kathmandu. The global group health insurance market is expected to be valued at $311 billion in 2025.
According to a recent study report by Coherent Market Insights, it is expected to reach $587 billion by 2032.
It is projected to grow at a compound annual growth rate of 9.5 percent from 2025 to 2032. This strong growth is supported by a growing institutional emphasis on employee well-being, rising healthcare costs, and insurance service expansion in emerging markets.
The demand for employer-funded group health insurance plans is expected to remain high in the coming years. This segment accounted for 64.5% market share of group health insurance in 2025.
Based on the type of scheme, the healthcare organization segment is projected to account for more than one-fourth of the global group health insurance market share by 2025.
According to Coherent Market Insight’s new mass health insurance market forecast, inpatient treatment insurance is expected to hold a major market share of 32.2% in 2025.
North America is expected to maintain its dominance, accounting for about two-fifths of the global market share in 2025.
Asia Pacific, with an estimated share of 24.5% in 2025, will emerge as the most lucrative market for group health insurance during the assessment period.
The latest collective health insurance market analysis by Coherent Market Insights has outlined the key factors driving the growth. One of the major reasons for this increase is the rising healthcare cost.
Expenses for hospitalization, diagnosis, medication, and surgery are rising significantly worldwide. This is where group health insurance comes in handy, providing employees and employers with a financial safety net against unexpected medical expenses.
