The global health insurance market, valued at USD 2.65 billion in 2025, is projected to reach USD 4.35 billion by 2033 with a 6.4% CAGR. Growth is driven by rising healthcare costs, increased health coverage awareness, and emphasis on preventive care. The market is shifting toward digital, personalized insurance with AI-driven underwriting and claims processing. North America leads with 40% share, followed by Europe and Asia-Pacific. Key segments include public/private providers, various coverage types, and multiple distribution channels.