The hospital's cash benefit insurance provides a certain fixed amount to the insured duringtheir hospital stay, which the person is free to use as per his/her need.Hence, an increase in out-of-the-pocket health care expenditure aids in the growth of the hospital's daily cash benefit insurancemarket.The inability to cover the complete medical treatment expenses is anticipated to hinder thehospital's cash benefit insurance market's growth. on average, the hospital's daily cash benefitinsurance provides the insured with an amount ranging from $100 to $3000 per day which is notsufficient for the complete coverage of the treatment making it a supplement to the health insuranceplans.
This report contains market size and forecasts of Hospital Cash Benefit Insurances in Global, including the following market information:
- Global Hospital Cash Benefit Insurances Market Revenue, 2018-2023, 2023-2032, ($ millions)
Global top five companies in 2022 (%)
The global Hospital Cash Benefit Insurances market was valued at US$ million in 2022 and is projected to reach US$ million by 2032, at a CAGR of % during the forecast period 2023-2032.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2032.
Rider Segment to Reach $ Million by 2032, with a % CAGR in next six years.
The global key manufacturers of Hospital Cash Benefit Insurances include Chola MS, HDFC ERGO, Aetna Inc., AIA Insurance Group, Allians SE, AXA, Assicurazioni Generali SpA, Aviva plc and Star Health Insurance, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Hospital Cash Benefit Insurances companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hospital Cash Benefit Insurances Market, by Type, 2018-2023, 2023-2032 ($ millions)
Global Hospital Cash Benefit Insurances Market Segment Percentages, by Type, 2022 (%)
- Rider
- Standalone Cover
- Others
Global Hospital Cash Benefit Insurances Market, by Application, 2018-2023, 2023-2032 ($ millions)
Global Hospital Cash Benefit Insurances Market Segment Percentages, by Application, 2022 (%)
- Public Hospital
- Private Hospital
Global Hospital Cash Benefit Insurances Market, By Region and Country, 2018-2023, 2023-2032 ($ Millions)
Global Hospital Cash Benefit Insurances Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Hospital Cash Benefit Insurances revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Hospital Cash Benefit Insurances revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Chola MS
- HDFC ERGO
- Aetna Inc.
- AIA Insurance Group
- Allians SE
- AXA
- Assicurazioni Generali SpA
- Aviva plc
- Star Health Insurance
- Cigna Corporation
- ICICI Lombard General Insurance Company
- International Medical Group
- Religare Health Insurance Company Ltd.
- United Health Group Inc.
- Zurich Insurance Group
- Bupa
