Devenir HSA Survey

Devenir's 2026 Midyear HSA Research Report examines industry growth, account balances, contributions, withdrawals, and investment activity through June 30, 2026. The report also tracks the growth of higher-balance accounts and provides market projections through 2028.

Devenir research finds that the HSA market continued to mature in 2025, with stronger investment adoption, larger balances, and steady account growth.

Devenir today released its 2025 Year-End HSA Research Report, finding that Health Savings Accounts held nearly $174 billion across 41.7 million accounts at year-end 2025. Total assets rose 19% year over year, while the number of accounts grew 6%, continuing a recent pattern of strong asset expansion alongside more moderate account growth.

Devenir midyear report reveals 46% of Health Savings Account assets now held in investments, with 4 million accounts investing MINNEAPOLIS, MN – October 9, 2025 – Health Savings Accounts (HSAs) reached $159 billion in assets across 40 million accounts at midyear 2025, marking 16% year-over-year asset growth, according to the 30th semi-annual market survey from […]

Findings from the 2025 Midyear Devenir HSA Research Report containing Health Savings Account market statistics and insights as of June 30th, 2025.