India Health Insurance Market to Skyrocket at 29% CAGR through 2025
Growing awareness regarding advantages offered by health insurance and increasing disposable income to drive India health insurance market. According to TechSci Research report, “ India Health Insurance Market By Claim Type, By Insurance Type, By Type of Insurance Provider, By Business Type, By Different Types of Health Insurance Plans, By Type of Scheme, By Type of Coverage, By Term of Coverage, By Cash Limit, By Mode of Purchase, By End User, By Region, Competition, Forecast & Opportunities, 2025” , India health insurance market is projected to register a CAGR of 29% during 2021 - 2025. Surging working population, increasing disposable income and rising awareness about policies offered by health insurance companies are the major factors driving the country’s health insurance market. Additionally, the mandatory provision of providing health insurance for both private and public sector employees is further anticipated to fuel the growth of health insurance market in India thr...