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Global health insurance market to reach $3 trillion by 2035, fastest growing in Asia Pacific

SPIL
Global College
Nepal Life New

Kathmandu. The global health insurance market is projected to reach $3 trillion by 2035.

According to a report released by Market Research Future, the global health insurance market is expected to grow at an annual rate of 3.81 percent from 2025 to 2035. The Asia Pacific region is expected to grow faster than other regions in this market, the report said.

Crest

According to the report, the global health insurance market is expected to be worth $1.9 trillion in 2023. By 2035, the size of this market will reach $ 3 trillion.

Increasing health awareness, increasing prevalence of chronic diseases, and government efforts to improve insurance access are expected to drive the growth of the health insurance market. “Worldwide increases in chronic diseases, such as diabetes, heart disease and cancer, are also driving up healthcare costs,” the report said. ’

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