Boston, MA -- (SBWIRE) -- 05/17/2012 -- The Brazilian health insurance category increased from BRL9.8 billion in 2007 to BRL15.1 billion in 2011, recording a CAGR of 11.27% over the review period. Over the same period, the number of new policies sold in the Brazilian health insurance category increased from 69.14 million to 88.42 million. Overall, the category is expected to record a CAGR of 6.32% over the forecast period to reach a projected value of BRL16.2 billion in 2016. Over the same period, the number of new policies sold in the Brazilian health insurance category is expected to increase from 95.66 million in 2012 to 116.34 million in 2016.

Key Highlights

- The Brazilian health insurance category increased from BRL9.8 billion in 2007 to BRL15.1 billion in 2011, recording a CAGR of 11.27% over the review period. Over the same new period, the number of new policies sold in the Brazilian health insurance category increased from 69.14 million to 88.42 million.
- During the review period, the penetration of Brazilian health insurance products increased from 0.34% in 2007 to 0.54% in 2011, as many new policies were sold across the country.
- The health insurance market is concentrated, with the leading eight companies accounting for a 69% share of the total retained premium in 2011.
- One of the key challenges for the health insurance market is financing insurance claims due to the increasing cost of healthcare services which is fuelled by rising medical inflation and a growth in the cost of medical equipment and technology.

View Full Report Details and Table of Contents

Scope

This report provides a comprehensive analysis of the health insurance market in Brazil:

- It provides historical values for Brazil's health insurance industry for the 2007-2011 review period and forecast figures for the 2012-2016 forecast period
- It offers a detailed analysis of the key sub-segments in Brazil's health insurance industry, along with market forecasts until 2016
- It covers an exhaustive list of parameters, including premium per capita, incurred loss, loss ratio and paid claims
- It entails the competitive landscape in the Brazilian health insurance industry along with the product innovation and customer targeting strategies followed
- It analyses the various distribution channels for health insurance products in Brazil
- It profiles the top health insurance companies in Brazil along with snapshots of their major products and services

Reasons to Get this Report

- Assess the overall healthcare sector in Brazil with focus on key trends such as medical tourism and online retail insurance
- Make strategic business decisions using top-level historic and forecast market data related to the Brazilian health insurance industry
- Understand the demand-side dynamics, key market trends and growth opportunities within the Brazilian health insurance industry

Companies Mentioned in this Report: Porto Seguro S.A., Amil Assistencia Medica Internacional Ltda., Bradesco Seguros S.A., Sul America SA, Unimed Paulistana

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Financial Services research reports at Fast Market Research

You may also be interested in these related reports:

- Business and Investment Opportunity in the Turkish Health Insurance Industry: Analyses and Forecasts to 2016
- Business and Investment Opportunity in the Indian Health Insurance Industry: Analyses and Forecasts to 2016
- Trend and Opportunities in the Brazilian Personal Accident and Health Insurance Industry to 2016: Market Profile
- Personal Accident and Health Insurance in Brazil, Key Trends and Opportunities to 2015
- Industry Dynamics and Competitive Landscape in the Brazilian Personal Accident and Health Insurance Industry to 2016: Market Profile
- Personal Accident and Health Insurance in South Africa, Key Trends and Opportunities to 2016: Introduction of National Healthcare Insurance Scheme Will Drive Market Growth
- Personal Accident and Health Insurance in Mexico, Trends and Opportunities to 2016: Underdeveloped Government Funded Health Insurance System to Increase Market Share of Private Health Insurance
- Personal Accident and Health Insurance in Vietnam, Trends and Opportunities to 2016: Lack of Developed Government-Funded Health Insurance to Drive Private Health Insurance Growth
- Personal Accident and Health Insurance in the Philippines, Key Trends and Opportunities to 2016
- Trend and Opportunities in the Turkish Personal Accident and Health Insurance Industry to 2016: Market Profile