What is Ophthalmology Plan of Private Health Insurance Market?
Ophthalmology Plan of Private Health Insurance is a medical doctor who is licensed to practice eye medicine and surgery. Any serious eye problem, including physical injury to the eye, should always be seen by an ophthalmologist. Ophthalmologist services are typically covered by your health insurance policy. An optometrist is a specialist who provides eye care such as vision testing and correction, as well as treatment and management of vision changes. This type of vision testing is usually not covered by your health insurance, but it may be covered by a vision plan.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | UnitedHealthcare (United States), Aetna (United States), Humana (United States), Ameritas (United States), Blue Cross (United States), Aflac (United States), EyeBenefits (United States), Davis Vision (United States), VSP Direct (United States) and Capri Healthcare (United Kingdom) |
The market study is being classified by Type (Prescription Drugs, Eye Examinations, Contact Lens Examinations, LASIK and Similar Corrective Vision Procedures and Others), by Application (Adults and Children) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Ophthalmology Plan of Private Health Insurance market throughout the forecasted period.
UnitedHealthcare (United States), Aetna (United States), Humana (United States), Ameritas (United States), Blue Cross (United States), Aflac (United States), EyeBenefits (United States), Davis Vision (United States), VSP Direct (United States) and Capri Healthcare (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Care1 Telemedicine (Canada), Doxy.me Inc. (United States), EyecareLive, Inc (United States) and Others. Segment Analysis
Analyst at AMA Research have segmented the market study of Global Ophthalmology Plan of Private Health Insurance market by Type, Application and Region.
On the basis of geography, the market of Ophthalmology Plan of Private Health Insurance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Number of Benefits and the Arising Need of These Products Have Been Responsible For the Privatization of Health Insurance
- Increasing Awareness in the Healthcare Sector, Owing To the Growing Healthcare Costs
Market Trend
- Emerging Number of Regulatory Guidelines on the Health Insurance Exchange
- Payments for In-Hospital and Extras Treatment Increased
Restraints
- Issues with Subsidies in Private Health Insurance Exchange Market
Opportunities
- Rising Concern Related to Pandemic is Boosting the Demand of Private Health Insurance Exchange Market
Challenges
- Problems Associated with the Uncertainty in Health Insurance Exchange
- Lack of Awareness in Ophthalmology Plans of Private Health Insurance
- Higher loss ratios in the insurance players
Market Leaders and some development strategies
On 18th October 2021, UnitedHealth Group Company, has announced the launch of NavigateNOW, a virtual-first health plan that provides care both virtually and in-person. Eligible UnitedHealthcare members will be able to receive a variety of care through this new health plan, including wellness, routine, chronic condition management, urgent, and behavioural health services.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Venture and Capitalist, Banks, Government Research Organizations, Private Research Organization, Government Bodies, End-Users and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Ophthalmology Plan of Private Health Insurance Market?
"Increasing Number of Benefits and the Arising Need of These Products Have Been Responsible For the Privatization of Health Insurance
" is seen as one of major growth factors of Ophthalmology Plan of Private Health Insurance Market in years to come.
2. Can we have customized study for Ophthalmology Plan of Private Health Insurance Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Ophthalmology Plan of Private Health Insurance Market?
United States will lead Ophthalmology Plan of Private Health Insurance Market in coming years.