Report overview
Critical illness insurance, Otherswise 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.
This report aims to provide a comprehensive presentation of the global market for Illness Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Illness Insurance. This report contains market size and forecasts of Illness Insurance in global, including the following market information:
Global Illness Insurance Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Illness Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Illness Insurance 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 Illness Insurance Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Illness Insurance Market Segment Percentages, by Type, 2022 (%)
Disease Insurance
Medical Insurance
Income Protection Insurance
Global Illness Insurance Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Illness Insurance Market Segment Percentages, by Application, 2022 (%)
Critical Illness Insurance
Common Diseases
Global Illness Insurance Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Illness Insurance 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 Illness Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Illness Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Illness Insurance, market overview.
Chapter 2: Global Illness Insurance market size in revenue.
Chapter 3: Detailed analysis of Illness Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6: Sales of Illness Insurance in regional level and country level. It 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.