Global Critical Illness Insurance Market Size, Status and Forecast 2020-2026

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.
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.
Market Analysis and Insights: Global Critical Illness Insurance Market
In 2019, the global Critical Illness Insurance market size was US$ 34420 million and it is expected to reach US$ 93670 million by the end of 2026, with a CAGR of 15.2% during 2021-2026.
Global Critical Illness Insurance Scope and Market Size
Critical Illness Insurance market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Critical Illness Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Critical Illness Insurance market is segmented into Disease Insurance, Medical Insurance, Income Protection Insurance, etc.
Segment by Application, the Critical Illness Insurance market is segmented into Cancer, Heart Attack, Stroke, etc.
Regional and Country-level Analysis
The Critical Illness Insurance market is analysed and market size information is provided by regions (countries).
The key regions covered in the Critical Illness Insurance market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Critical Illness Insurance Market Share Analysis
Critical Illness Insurance market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Critical Illness Insurance business, the date to enter into the Critical Illness Insurance market, Critical Illness Insurance product introduction, recent developments, etc.
The major vendors 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, etc.

This report focuses on the global Critical Illness Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Critical Illness Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study


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

Market segment by Type, the product can be split into


Disease Insurance
Medical Insurance
Income Protection Insurance

Market segment by Application, split into


Cancer
Heart Attack
Stroke

Market segment by Regions/Countries, this report covers


North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:


To analyze global Critical Illness Insurance status, future forecast, growth opportunity, key market and key players.
To present the Critical Illness Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Critical Illness Insurance are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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