The complementary private health insurance coverage in Germany has shown steady growth from 2013 to 2023, reaching 23.29 million persons in 2023. Analyzing year-on-year variations, the growth rate oscillated between 1.4% and 3.99%, with notable increases in certain years such as 2019 and 2020. The compound annual growth rate (CAGR) over the last five years stands at 3.03%, indicating a consistent upward trend in supplementary health insurance uptake.

Looking ahead, forecasts for 2024 to 2028 suggest a slightly slower growth trajectory with a forecasted 5-year CAGR of 1.71%, resulting in a total growth rate of 8.86% over this period. The increase in coverage is expected to continue at a modest pace, reflective of market maturity and saturation.

Future trends to watch for:

Potential regulatory changes impacting insurance offerings and pricing.
Increasing healthcare awareness and demand for comprehensive coverage.
Technological advancements facilitating easier access to private insurance plans.