openPR Logo
Press release

Critical Illness Insurance Market To Witness a CAGR of 16.4% During 2018-2023

10-09-2018 08:58 AM CET | IT, New Media & Software

Press release from: reports intellect

Critical Illness Insurance Market

Critical Illness Insurance Market

Critical Illness Insurance Market ( Offering 10% Discount )

Critical Illness Insurance market is valued at 25600 million USD in 2017 and is expected to reach 63700 million USD by the end of 2023, growing at a CAGR of 16.4% between 2017 and 2023.

Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.

Critical illness insurance, otherwise known as critical illness cover or a dread disease policy, is an insurance product in which the insurer is contracted to typically make a lump sum cash payment if the policyholder is diagnosed with one of the specific illnesses on a predetermined list as part of an insurance policy.

Request for a sample copy of this report at https://www.reportsintellect.com/sample-request/78001

Scope of the Report:

This report studies the Critical Illness Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Critical Illness Insurance market by product type and applications/end industries.

In the last several years, global market of critical illness insurance developed rapidly, with CAGR of 16.48%. In 2017, global market size of critical illness insurance is nearly 27338.56 M USD; Asia region, especially China is estimated to account for the largest share, in terms of Population and economy, of the global critical illness insurance market in 2017. The region comprises some of the fastest developing economies in the world, including China, India, Japan and Korea. This has led to an increase in Insurance investment over the years.

There are three kinds of Critical illness insurance paid out (cancer, Cancer, Heart Attack and Stroke), Cancer remains the most common cause of critical illness claims at 67.94%, followed by heart attack (13.34%), stroke (8.46%) and Other (10.26%) in 2017.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Critical Illness Insurance.

Market Segment by Companies, this report covers
China Life Insurance, Ping An Insurance, China Pacific Insurance, Aviva, Legal & General, New China Life Insurance, AXA, Prudential plc, Aegon, Allianz, AIG, United Healthcare, Zurich, MetLife, Dai-ichi Life Group, Sun Life Financial, Huaxia life Insurance, Aflac, Liberty Mutual, HCF.

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Disease Insurance
Medical Insurance
Income Protection Insurance

Market Segment by Applications, can be divided into
Cancer
Heart Attack
Stroke

Inquire for a 10% discount on this report at https://www.reportsintellect.com/discount-request/78001

Table of Contents

1 Critical Illness Insurance Market Overview
1.1 Product Overview and Scope of Critical Illness Insurance
1.2 Classification of Critical Illness Insurance by Types
1.2.1 Global Critical Illness Insurance Revenue Comparison by Types (2017-2023)
1.2.2 Global Critical Illness Insurance Revenue Market Share by Types in 2017
1.2.3 Disease Insurance
1.2.4 Medical Insurance
1.2.5 Income Protection Insurance
1.3 Global Critical Illness Insurance Market by Application

2 Manufacturers Profiles
2.1 China Life Insurance
2.1.1 Business Overview
2.1.2 Critical Illness Insurance Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 China Life Insurance Critical Illness Insurance Revenue, Gross Margin and Market Share (2016-2017)
2.2 Ping An Insurance
2.2.1 Business Overview
2.2.2 Critical Illness Insurance Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B

3 Global Critical Illness Insurance Market Competition, by Players
3.1 Global Critical Illness Insurance Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Critical Illness Insurance Players Market Share
3.2.2 Top 10 Critical Illness Insurance Players Market Share
3.3 Market Competition Trend

4 Global Critical Illness Insurance Market Size by Regions
4.1 Global Critical Illness Insurance Revenue and Market Share by Regions
4.2 North America Critical Illness Insurance Revenue and Growth Rate (2013-2018)
4.3 Europe Critical Illness Insurance Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Critical Illness Insurance Revenue and Growth Rate (2013-2018)
4.5 South America Critical Illness Insurance Revenue and Growth Rate (2013-2018)4.6 Middle East and Africa Critical Illness Insurance Revenue and Growth Rate (2013-2018)

5 North America Critical Illness Insurance Revenue by Countries
5.1 North America Critical Illness Insurance Revenue by Countries (2013-2018)
5.2 USA Critical Illness Insurance Revenue and Growth Rate (2013-2018)
5.3 Canada Critical Illness Insurance Revenue and Growth Rate (2013-2018)
5.4 Mexico Critical Illness Insurance Revenue and Growth Rate (2013-2018)

Purchase a copy of this report at https://www.reportsintellect.com/inquire-before-buying/78001

About Us

Reports Intellect is your one-stop solution for everything related to market research and market intelligence. We understand the importance of market intelligence and its need in today's competitive world.

Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you.

Contact Us

US Address:
225 Peachtree Street NE,
Suite 400,
Atlanta, GA 30303
Email ID : sales@reportsintellect.com
PH:- +1-888-259-6883

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Critical Illness Insurance Market To Witness a CAGR of 16.4% During 2018-2023 here

News-ID: 1289483 • Views:

More Releases from reports intellect

Global Golf Cart Market 2025 by Manufacturers, Regions, Type and Application, Fo …
Golf Cart Market Research report evaluates the global Golf Cart market landscape and provides a comprehensive yet in detailed assessment of the market scope. The report provides a thorough business analysis of the major players in the Golf Cart market. The report offers an all-inclusive detailed account of the global trends and scope of the Golf Cart market. The report comprises of data that will be crucial to ensure a
Hair Mask Market 2025 by Manufacturers, Regions, Type and Application, Forecast …
Hair Mask Market Research report evaluates the global Hair Mask market landscape and provides a comprehensive yet in detailed assessment of the market scope. The report provides a thorough business analysis of the major players in the Hair Mask market. The report offers an all-inclusive detailed account of the global trends and scope of the Hair Mask market. The report comprises of data that will be crucial to ensure a
Steel Market Size, Share, Latest Trends, Detailed Forecast Report 2025-2035
Steel Market Research report evaluates the global Steel market landscape and provides a comprehensive yet in detailed assessment of the market scope. The report provides a thorough business analysis of the major players in the Steel market. The report offers an all-inclusive detailed account of the global trends and scope of the Steel market. The report comprises of data that will be crucial to ensure a good growth curve along
Global Costume Jewelry Market Insights, Forecast 2025 to 2035
Costume Jewelry Market Research report evaluates the global Costume Jewelry market landscape and provides a comprehensive yet in detailed assessment of the market scope. The report provides a thorough business analysis of the major players in the Costume Jewelry market. The report offers an all-inclusive detailed account of the global trends and scope of the Costume Jewelry market. The report comprises of data that will be crucial to ensure a

All 5 Releases


More Releases for Insurance

Renters Insurance Market Dazzling Worldwide with Major Giants Travelers Insuranc …
According to HTF Market Intelligence, the Global Renters Insurance market to witness a CAGR of xx% during the forecast period (2024-2030). The Latest research study released by HTF MI "Renters Insurance Market with 120+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint, and status. Understanding the segments helps in identifying
Renters Insurance Market to See Competition Rise | Travelers Insurance, Geico In …
HTF MI introduces new research on Renters Insurance covering the micro level of analysis by competitors and key business segments (2023-2029). The Renters Insurance explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled
Insurance Road Assistance Services Market Is Booming Worldwide | Travelers Insur …
Insurance Road Assistance Services Market: The extensive research on Insurance Road Assistance Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Insurance Road Assistance Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the
Agriculture Crop Insurance Market Type (MPCI Insurance, Hail Insurance, Livestoc …
Agriculture Crop Insurance market worldwide Agriculture is an important contributor to any economy. The extensive use of crops for direct human consumption and industrial processes has resulted in increasing the pressure on the existing supply demand gap. Increasing need for food security is expected to augment the demand for insurance policies. The two major risks in agricultural sector are price risk, caused due to volatility in prices in the market
Household Insurance Market By Key Players: Discount Insurance Home Insurance, On …
Household Insurance Industry Overview The Household Insurance market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Household Insurance market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have been given in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Household Insurance market
Life Insurance Market in Kuwait By Warba Insurance Company, Al Ahleia Insurance …
GlobalData’s 'Life Insurance in Kuwait, Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Kuwaiti life insurance segment, and a comparison of the Kuwaiti insurance industry with its regional counterparts. It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2012-2016) and forecast period (2016-2021). The report also