The market size of the Indian health insurance sector was about *** billion Indian rupees in financial year 2018. This was projected to cross over *** 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.
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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 ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /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. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /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). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /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)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Oct 2019, /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) ÌÇÐÄÆƽâ°æ, /statistics/1116457/india-health-insurance-sector-market-size/ (last visited July 30, 2026)
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: /statistics/1116457/india-health-insurance-sector-market-size/
