PUBLISHER: The Business Research Company | PRODUCT CODE: 2057551
PUBLISHER: The Business Research Company | PRODUCT CODE: 2057551
individuals living, working, studying, or traveling outside their home country. It typically offers access to a global network of hospitals and healthcare providers and covers services such as hospitalization, outpatient care, emergency treatment, evacuation, and sometimes routine and preventive care. The primary purpose of international health insurance is to ensure continuous and reliable access to quality healthcare worldwide, regardless of location.
The international health insurance market consists of sales by entities (organizations, sole traders and partnerships) of international health insurance that that provides medical coverage across multiple countries for individuals living, working, or residing outside their home country for extended periods.
The global international health insurance market was valued at $21,527.2 million in 2020 which grew till 2025 at a compound annual growth rate (CAGR) of more than 7.0%.
Limited Insurance Literacy
In the historic period, limited insurance literacy significantly hindered the growth of the international health insurance market. Understanding and navigating the complexities of health insurance coverage, policy terms, benefits utilization and claims processes posed significant barriers for individuals and corporate clients alike, with low levels of consumer understanding limiting confidence in selecting, using and renewing international plans and increasing reliance on intermediaries. For example, in September 2025, according to statistics published by Cigna Healthcare, a US-based global health services company, only 20 % of U.S. adults self-identified as having high health insurance literacy and feeling confident in their knowledge to access care. Further, nearly two-thirds (62 %) of employed Americans reported they do not usually change their health insurance selections year over year because it is too stressful and nearly half (49 %) feel compelled to choose the most expensive option to ensure adequate coverage, reflecting widespread confusion and decision fatigue related to insurance choices. Therefore, limited insurance literacy reduced individuals' and employers' willingness to engage with complex international health insurance products, increased reliance on costly advisory support and slowed broader market acceptance and growth of global health insurance solutions during the historic period.
Digitalization, Cloud, Big Data And Cybersecurity
Major companies operating in the international health insurance market are increasingly prioritizing digitalization, cloud, big data and cybersecurity investments to build integrated, data-driven platforms that enhance analytics capabilities, secure large-scale health datasets and strengthen personalized, preventive care delivery across diverse insured populations while safeguarding sensitive member information against emerging cyber threats. For example, in September 2025, Everbridg, U.S.-based software company that provides critical event management (CEM) and mass notification solutions, has introduced a new AI-powered Pre-Travel Health Screening service aimed at helping organisations protect employees before international travel by identifying medical risks ahead of departure. Integrated with its aimed at helping organisations protect employees Travel Protector platform and powered by Salesforce Health Cloud, the solution guides travelers through a secure, self-completed medical questionnaire and uses AI to assess responses, determining whether a person is cleared for travel or needs further clinical review, including potential doctor consultation or lab testing. Everbridge says this proactive screening can reduce avoidable medical emergencies abroad, lower costs associated with costly evacuations, support regulatory and insurance compliance, and give travelers and employers greater confidence in their duty-of-care obligations.
The global international health insurance market is fairly fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 24.27% of the total market in 2024.
International Health Insurance Global Market Opportunities And Strategies To 2035 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global international health insurance market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for international health insurance ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The international health insurance market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider international health insurance market; and compares it with other markets.