The Disability Insurance Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
In recent years, the market size of the disability insurance market has seen significant growth. It is projected to increase from $4.11 billion in 2024 to $4.58 billion in 2025, with a compound annual growth rate (CAGR) of 11.3%.
The anticipated market size for the Disability Insurance Global Market by 2029 is projected to reach $7.11 billion, with a compound annual growth rate (CAGR) of 11.6%.
Download Your Free Sample of the 2025 Disability Insurance Market Report and Uncover Key Trends Now!The key drivers in the disability insurance market are:
• Focus on employee well-being and health
• Rising healthcare concerns globally
• Flexibility of work arrangements being offered by companies
• Increasing individualization of coverage schemes
The disability insurance market covered in this report is segmented –
1) By Insurance Type: Employer Supplied Disability Insurance, Individual Disability Insurance, High Limit Disability Insurance, Business Overhead Expense Disability Insurance, Other Insurance Types
2) By Coverage Type: Short Term Disability Insurance, Long Term Disability Insurance
3) By End User: Government, Enterprise, Individual
The key trends in the disability insurance market are:
• Advancements in claim processing technology is becoming a substantial upcoming trend.
• Increased awareness and education about disability insurance on a global scale is shaping the future.
• The use of dynamic pricing models in the insurance industry is gaining momentum.
• Expanding income protection services and an increased emphasis on regulatory compliance are key trends.
The major players in the disability insurance market are:
• Aegon N
North America was the largest region in the global disability insurance market in 2024