Aon projects China health insurance to grow 7.4% CAGR by 2032

Telemedicine is the most adopted service.

Aon plc’s 2025 Insurer Wellbeing Benchmarking Report projects China’s health insurance market to grow at a 7.4% CAGR from 2024 to 2032, supported by government initiatives like Healthy China 2030 and rising demand for preventive care.

Based on a survey of 12 insurers, the report found 92% provide customisation support for large employers as competition drives efficiency efforts. 

Telemedicine is the most adopted service, with 11 insurers offering it and 67% reporting 0.5% to 5.1% cost savings, though only 40% use annual subscriptions.

Employee assistance programs and mental health services remain underutilised, whilst screenings and case management programs show limited impact due to poor follow-up and lack of specialist care.

Aon said the findings highlight the need for insurers to use data and digital tools to tailor benefits, improve access, and manage health costs.