Finance & Professional Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Group Health Insurance
Overview
Market size
$2.20T
global, USD
CAGR
5.8%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
4
tracked players
Signals
12
4 high severity
Market outlook
2031$2.92T
What changed
Demand by region
North America demand62%
Europe demand18%
Asia Pacific demand12%
Latin America demand5%
Rest of world demand3%
share of global demandtotal 100%
Cost drivers
Medical Claims and Hospital Network Costs65%
Prescription Drug Coverage and Specialty Pharmacy18%
Administrative Expenses and Customer Service9%
Sales Commission and Broker Fees5%
Regulatory Compliance and Tax Fees3%
share of delivered cost (analyst estimate)