Global Critical Illness Insurance Market Research Report 2023(Status and Outlook)
Report Overview
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.
The policy may also be structured to pay out regular income and the payout may also be on the policyholder undergoing a surgical procedure, for example, having a heart bypass operation.
The Global Critical Illness Insurance Market Size was estimated at USD 21040.00 million in 2022 and is projected to reach USD 56651.72 million by 2029, exhibiting a CAGR of 15.20% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Critical Illness Insurance market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Critical Illness Insurance Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Critical Illness Insurance market in any manner.
Global Critical Illness Insurance Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
China Life Insurance
Ping An Insurance
China Pacific Insurance
Aviva
Legal & General
New China Life Insurance
AXA
Prudential plc
Aegon
Allianz
AIG
UnitedHealthcare
Zurich
MetLife
Dai-ichi Life Group
Sun Life Financial
Huaxia life Insurance
Aflac
Liberty Mutual
HCF
Generali Group
Royal London
Scottish Windows
Livepool Victoria
Vitality
Market Segmentation (by Type)
By Type
Fixed-term Insurance
Whole-life Insurance
By Age
<30 Years Old
30-40 Years Old
41-50 Years Old
>50 Years Old
Market Segmentation (by Application)
Department Stores
Grocery
Hypermarket & Supermarket
Pharmacy
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Critical Illness Insurance Market
Overview of the regional outlook of the Critical Illness Insurance Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post-sales analyst support
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Critical Illness Insurance Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Critical Illness Insurance
- 1.2 Key Market Segments
- 1.2.1 Critical Illness Insurance Segment by Type
- 1.2.2 Critical Illness Insurance Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Critical Illness Insurance Market Overview
- 2.1 Global Critical Illness Insurance Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Critical Illness Insurance Market Competitive Landscape
- 3.1 Global Critical Illness Insurance Revenue Market Share by Manufacturers (2018-2023)
- 3.2 Critical Illness Insurance Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Manufacturers Critical Illness Insurance Sales Sites, Area Served, Service Type
- 3.4 Critical Illness Insurance Market Competitive Situation and Trends
- 3.4.1 Critical Illness Insurance Market Concentration Rate
- 3.4.2 Global 5 and 10 Largest Critical Illness Insurance Players Market Share by Revenue
- 3.4.3 Mergers & Acquisitions, Expansion
- 4 Critical Illness Insurance Value Chain Analysis
- 4.1 Critical Illness Insurance Value Chain Analysis
- 4.2 Midstream Market Analysis
- 4.3 Downstream Customer Analysis
- 5 The Development and Dynamics of Critical Illness Insurance Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 Mergers & Acquisitions
- 5.5.2 Expansions
- 5.5.3 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Critical Illness Insurance Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Critical Illness Insurance Market Size Market Share by Type (2018-2023)
- 6.3 Global Critical Illness Insurance Sales Growth Rate by Type (2019-2023)
- 7 Critical Illness Insurance Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Critical Illness Insurance Market Size (M USD) by Application (2018-2023)
- 7.3 Global Critical Illness Insurance Sales Growth Rate by Application (2019-2023)
- 8 Critical Illness Insurance Market Segmentation by Region
- 8.1 Global Critical Illness Insurance Market Size by Region
- 8.1.1 Global Critical Illness Insurance Market Size by Region
- 8.1.2 Global Critical Illness Insurance Market Share by Region
- 8.2 North America
- 8.2.1 North America Critical Illness Insurance Market Size by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Critical Illness Insurance Market Size by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Critical Illness Insurance Market Size by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Critical Illness Insurance Market Size by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Critical Illness Insurance Market Size by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 China Life Insurance
- 9.1.1 China Life Insurance Critical Illness Insurance Basic Information
- 9.1.2 China Life Insurance Critical Illness Insurance Product Overview
- 9.1.3 China Life Insurance Critical Illness Insurance Product Market Performance
- 9.1.4 China Life Insurance Business Overview
- 9.1.5 China Life Insurance Critical Illness Insurance SWOT Analysis
- 9.1.6 China Life Insurance Recent Developments
- 9.2 Ping An Insurance
- 9.2.1 Ping An Insurance Critical Illness Insurance Basic Information
- 9.2.2 Ping An Insurance Critical Illness Insurance Product Overview
- 9.2.3 Ping An Insurance Critical Illness Insurance Product Market Performance
- 9.2.4 Ping An Insurance Business Overview
- 9.2.5 Ping An Insurance Critical Illness Insurance SWOT Analysis
- 9.2.6 Ping An Insurance Recent Developments
- 9.3 China Pacific Insurance
- 9.3.1 China Pacific Insurance Critical Illness Insurance Basic Information
- 9.3.2 China Pacific Insurance Critical Illness Insurance Product Overview
- 9.3.3 China Pacific Insurance Critical Illness Insurance Product Market Performance
- 9.3.4 China Pacific Insurance Business Overview
- 9.3.5 China Pacific Insurance Critical Illness Insurance SWOT Analysis
- 9.3.6 China Pacific Insurance Recent Developments
- 9.4 Aviva
- 9.4.1 Aviva Critical Illness Insurance Basic Information
- 9.4.2 Aviva Critical Illness Insurance Product Overview
- 9.4.3 Aviva Critical Illness Insurance Product Market Performance
- 9.4.4 Aviva Business Overview
- 9.4.5 Aviva Recent Developments
- 9.5 Legal andamp; General
- 9.5.1 Legal andamp; General Critical Illness Insurance Basic Information
- 9.5.2 Legal andamp; General Critical Illness Insurance Product Overview
- 9.5.3 Legal andamp; General Critical Illness Insurance Product Market Performance
- 9.5.4 Legal andamp; General Business Overview
- 9.5.5 Legal andamp; General Recent Developments
- 9.6 New China Life Insurance
- 9.6.1 New China Life Insurance Critical Illness Insurance Basic Information
- 9.6.2 New China Life Insurance Critical Illness Insurance Product Overview
- 9.6.3 New China Life Insurance Critical Illness Insurance Product Market Performance
- 9.6.4 New China Life Insurance Business Overview
- 9.6.5 New China Life Insurance Recent Developments
- 9.7 AXA
- 9.7.1 AXA Critical Illness Insurance Basic Information
- 9.7.2 AXA Critical Illness Insurance Product Overview
- 9.7.3 AXA Critical Illness Insurance Product Market Performance
- 9.7.4 AXA Business Overview
- 9.7.5 AXA Recent Developments
- 9.8 Prudential plc
- 9.8.1 Prudential plc Critical Illness Insurance Basic Information
- 9.8.2 Prudential plc Critical Illness Insurance Product Overview
- 9.8.3 Prudential plc Critical Illness Insurance Product Market Performance
- 9.8.4 Prudential plc Business Overview
- 9.8.5 Prudential plc Recent Developments
- 9.9 Aegon
- 9.9.1 Aegon Critical Illness Insurance Basic Information
- 9.9.2 Aegon Critical Illness Insurance Product Overview
- 9.9.3 Aegon Critical Illness Insurance Product Market Performance
- 9.9.4 Aegon Business Overview
- 9.9.5 Aegon Recent Developments
- 9.10 Allianz
- 9.10.1 Allianz Critical Illness Insurance Basic Information
- 9.10.2 Allianz Critical Illness Insurance Product Overview
- 9.10.3 Allianz Critical Illness Insurance Product Market Performance
- 9.10.4 Allianz Business Overview
- 9.10.5 Allianz Recent Developments
- 9.11 AIG
- 9.11.1 AIG Critical Illness Insurance Basic Information
- 9.11.2 AIG Critical Illness Insurance Product Overview
- 9.11.3 AIG Critical Illness Insurance Product Market Performance
- 9.11.4 AIG Business Overview
- 9.11.5 AIG Recent Developments
- 9.12 UnitedHealthcare
- 9.12.1 UnitedHealthcare Critical Illness Insurance Basic Information
- 9.12.2 UnitedHealthcare Critical Illness Insurance Product Overview
- 9.12.3 UnitedHealthcare Critical Illness Insurance Product Market Performance
- 9.12.4 UnitedHealthcare Business Overview
- 9.12.5 UnitedHealthcare Recent Developments
- 9.13 Zurich
- 9.13.1 Zurich Critical Illness Insurance Basic Information
- 9.13.2 Zurich Critical Illness Insurance Product Overview
- 9.13.3 Zurich Critical Illness Insurance Product Market Performance
- 9.13.4 Zurich Business Overview
- 9.13.5 Zurich Recent Developments
- 9.14 MetLife
- 9.14.1 MetLife Critical Illness Insurance Basic Information
- 9.14.2 MetLife Critical Illness Insurance Product Overview
- 9.14.3 MetLife Critical Illness Insurance Product Market Performance
- 9.14.4 MetLife Business Overview
- 9.14.5 MetLife Recent Developments
- 9.15 Dai-ichi Life Group
- 9.15.1 Dai-ichi Life Group Critical Illness Insurance Basic Information
- 9.15.2 Dai-ichi Life Group Critical Illness Insurance Product Overview
- 9.15.3 Dai-ichi Life Group Critical Illness Insurance Product Market Performance
- 9.15.4 Dai-ichi Life Group Business Overview
- 9.15.5 Dai-ichi Life Group Recent Developments
- 9.16 Sun Life Financial
- 9.16.1 Sun Life Financial Critical Illness Insurance Basic Information
- 9.16.2 Sun Life Financial Critical Illness Insurance Product Overview
- 9.16.3 Sun Life Financial Critical Illness Insurance Product Market Performance
- 9.16.4 Sun Life Financial Business Overview
- 9.16.5 Sun Life Financial Recent Developments
- 9.17 Huaxia life Insurance
- 9.17.1 Huaxia life Insurance Critical Illness Insurance Basic Information
- 9.17.2 Huaxia life Insurance Critical Illness Insurance Product Overview
- 9.17.3 Huaxia life Insurance Critical Illness Insurance Product Market Performance
- 9.17.4 Huaxia life Insurance Business Overview
- 9.17.5 Huaxia life Insurance Recent Developments
- 9.18 Aflac
- 9.18.1 Aflac Critical Illness Insurance Basic Information
- 9.18.2 Aflac Critical Illness Insurance Product Overview
- 9.18.3 Aflac Critical Illness Insurance Product Market Performance
- 9.18.4 Aflac Business Overview
- 9.18.5 Aflac Recent Developments
- 9.19 Liberty Mutual
- 9.19.1 Liberty Mutual Critical Illness Insurance Basic Information
- 9.19.2 Liberty Mutual Critical Illness Insurance Product Overview
- 9.19.3 Liberty Mutual Critical Illness Insurance Product Market Performance
- 9.19.4 Liberty Mutual Business Overview
- 9.19.5 Liberty Mutual Recent Developments
- 9.20 HCF
- 9.20.1 HCF Critical Illness Insurance Basic Information
- 9.20.2 HCF Critical Illness Insurance Product Overview
- 9.20.3 HCF Critical Illness Insurance Product Market Performance
- 9.20.4 HCF Business Overview
- 9.20.5 HCF Recent Developments
- 9.21 Generali Group
- 9.21.1 Generali Group Critical Illness Insurance Basic Information
- 9.21.2 Generali Group Critical Illness Insurance Product Overview
- 9.21.3 Generali Group Critical Illness Insurance Product Market Performance
- 9.21.4 Generali Group Business Overview
- 9.21.5 Generali Group Recent Developments
- 9.22 Royal London
- 9.22.1 Royal London Critical Illness Insurance Basic Information
- 9.22.2 Royal London Critical Illness Insurance Product Overview
- 9.22.3 Royal London Critical Illness Insurance Product Market Performance
- 9.22.4 Royal London Business Overview
- 9.22.5 Royal London Recent Developments
- 9.23 Scottish Windows
- 9.23.1 Scottish Windows Critical Illness Insurance Basic Information
- 9.23.2 Scottish Windows Critical Illness Insurance Product Overview
- 9.23.3 Scottish Windows Critical Illness Insurance Product Market Performance
- 9.23.4 Scottish Windows Business Overview
- 9.23.5 Scottish Windows Recent Developments
- 9.24 Livepool Victoria
- 9.24.1 Livepool Victoria Critical Illness Insurance Basic Information
- 9.24.2 Livepool Victoria Critical Illness Insurance Product Overview
- 9.24.3 Livepool Victoria Critical Illness Insurance Product Market Performance
- 9.24.4 Livepool Victoria Business Overview
- 9.24.5 Livepool Victoria Recent Developments
- 9.25 Vitality
- 9.25.1 Vitality Critical Illness Insurance Basic Information
- 9.25.2 Vitality Critical Illness Insurance Product Overview
- 9.25.3 Vitality Critical Illness Insurance Product Market Performance
- 9.25.4 Vitality Business Overview
- 9.25.5 Vitality Recent Developments
- 10 Critical Illness Insurance Regional Market Forecast
- 10.1 Global Critical Illness Insurance Market Size Forecast
- 10.2 Global Critical Illness Insurance Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Critical Illness Insurance Market Size Forecast by Country
- 10.2.3 Asia Pacific Critical Illness Insurance Market Size Forecast by Region
- 10.2.4 South America Critical Illness Insurance Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Critical Illness Insurance by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Critical Illness Insurance Market Forecast by Type (2024-2029)
- 11.2 Global Critical Illness Insurance Market Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook