Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.24 Billion | USD 10.21 Billion | 6.90% | 2024 |
FrequentlyAsked Questions
Travel medical insurance is a short-term health insurance to cover emergencies during international travel.
The global travel medical insurance market is expected to be led by a growing number of international travelers worldwide.
According to study, the global travel medical insurance market size was worth around USD 5.24 billion in 2024 and is predicted to grow to around USD 10.21 billion by 2034.
The CAGR value of the travel medical insurance market is expected to be around 6.90% during 2025-2034.
The global travel medical insurance market is expected to be driven by Europe during the projection period.
The global travel medical insurance market is led by players like Aditya Birla Health Insurance, Reliance General Insurance, Tata AIG General Insurance, HDFC ERGO General Insurance, Future Generali India Insurance, Universal Sompo General Insurance, Bajaj Allianz General Insurance, Care Health Insurance, Digit Insurance, Royal Sundaram General Insurance, ICICI Lombard General Insurance, IFFCO Tokio General Insurance, Cholamandalam MS General Insurance, SBI General Insurance, and Star Health and Allied Insurance.
The report explores crucial aspects of the travel medical insurance market, including a detailed discussion of existing growth factors and restraints, while also browsing future growth opportunities and challenges that impact the market.
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