The market size of the Indian health insurance sector was about 370 billion Indian rupees in financial year 2018. This was projected to cross over two trillion rupees by financial year 2030. This growth was projected taking into account the rising income levels, increasing awareness in urban areas and growing lifestyle related health demands.
Market size of the health insurance sector was calculated by taking into account the number of lives covered and the price per life.
Market size of the health insurance sector across India in financial year 2018, with an estimate for 2030, by segment
(in billion Indian rupees)
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HDFC Securities. (October 1, 2019). Market size of the health insurance sector across India in financial year 2018, with an estimate for 2030, by segment (in billion Indian rupees) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1116457/india-health-insurance-sector-market-size/
HDFC Securities. "Market size of the health insurance sector across India in financial year 2018, with an estimate for 2030, by segment (in billion Indian rupees)." Chart. October 1, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1116457/india-health-insurance-sector-market-size/
HDFC Securities. (2019). Market size of the health insurance sector across India in financial year 2018, with an estimate for 2030, by segment (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1116457/india-health-insurance-sector-market-size/
HDFC Securities. "Market Size of The Health Insurance Sector across India in Financial Year 2018, with An Estimate for 2030, by Segment (in Billion Indian Rupees)." Statista, Statista Inc., 1 Oct 2019, https://www.statista.com/statistics/1116457/india-health-insurance-sector-market-size/
HDFC Securities, Market size of the health insurance sector across India in financial year 2018, with an estimate for 2030, by segment (in billion Indian rupees) Statista, https://www.statista.com/statistics/1116457/india-health-insurance-sector-market-size/ (last visited November 21, 2024)
Market size of the health insurance sector across India in financial year 2018, with an estimate for 2030, by segment (in billion Indian rupees) [Graph], HDFC Securities, October 1, 2019. [Online]. Available: https://www.statista.com/statistics/1116457/india-health-insurance-sector-market-size/
