Finance & Professional Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Workers' Compensation Insurance
Overview
Market size
$65.0B
global, USD
CAGR
4.5%
base to forecast
Buyer power
-1.6
supplier-favoured
Suppliers
8
tracked players
Signals
0
monitored
Market outlook
2031$81.0B
What changed
No active signals. The monitor sweeps this continuously and posts material moves here.
Demand by region
North America demand55%
Europe demand25%
Asia Pacific demand15%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Medical care benefits45%
Indemnity and cash benefits30%
Claims administration and legal defense12%
Underwriting, brokerage, and administrative overhead10%
Reinsurance premiums3%
share of delivered cost (analyst estimate)