Finance & Professional Services

Group Health Insurance: Market Size, Growth & Forecast to 2030

The Group Health Insurance market is valued at about $1.28 billion (2026) and is projected to grow at a 6.4% CAGR through 2030. The largest cost driver is Medical Claims and Hospital Network Costs (65% of spend). North America leads demand at 62%.

Market size
$1.28 bn (2026)
CAGR to 2030
+6.4%
Buyer power
Favours buyers
Tracked suppliers
45
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 6.4% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 136

Cost structure

Medical Claims and Hospital Network Costs
65%
Prescription Drug Coverage and Specialty Pharmacy
18%
Administrative Expenses and Customer Service
9%
Sales Commission and Broker Fees
5%
Regulatory Compliance and Tax Fees
3%

Regional demand split

North America demand
62%
Europe demand
18%
Asia Pacific demand
12%
Latin America demand
5%
Rest of world demand
3%

Key suppliers

CVS Health Group (Aetna)Cigna Health GroupElevance Health Inc. GroupBlue Cross Blue Shield Association (affiliated plans)
Read the full Group Health Insurance report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/group-health-insurance