Stay up-to-date
and exploit latest trends of Critical Illness Insurance Market with latest edition released by
AMA.
The "Critical
Illness Insurance Market Development Outlook" Study has been added to AMA repository. The study envisage
detailed qualitative as well as quantitative market data insights and follows
Industry benchmark classification and NAICS standards to built strong players
coverage in the study.
Definition:
Critical illness insurance is also known as dread disease policy or
critical illness cover. It is an insurance product in which the insurer is
contracted to usually 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 e.g., having a heart bypasses operation. According to the U.S.
Department of Health & Human Services, Heart disease is the leading cause
of death for men, women, and people of most racial and ethnic groups in the United
States. One person dies every 37 seconds in the United States from
cardiovascular disease. About 647,000 Americans die from heart disease each
year—that’s 1 in every 4 deaths. Heart disease costs the United States
about USD 219 billion each year from 2014 to 2015. This includes the cost of
medicines, health care services, and lost productivity due to death.
What's Trending in Market:
·
Rapid Adoption of Machine Learning and AI Technology
Restraints:
·
An Availability of Alternative Insurance Coverage
Market Growth Drivers:
·
Increasing Risk of Falling
Prey to Life-Style Diseases
·
The Rapidly Growing Medical
Expenses
·
Global Critical Illness Insurance Market Development Scenario by Players
Ø Financials Information, Business Overview and Product Specification
Matrix
Ø Patent Analysis Briefing* [if applicable]
Ø No. of Patents Issuance by Year / by Players / By Issuing Office
Ø Key Development – Product/Service Launch, Mergers & Acquisition,
Joint Ventures
Critical
Illness Insurance Market
Competition
Each company profiled in the research document
is studied considering various factors such as product and its application
portfolios, market share, growth potential, future plans, and development
activity. Readers will be able to gain complete understanding and knowledge of
the competitive landscape. Most importantly, the report sheds light on
important strategies that key and emerging players are taking to maintain their
ranking in the Global Critical Illness
Insurance Market. It shows how the market
competition will change in the next few years and how players are preparing
themselves to stay ahead of the curve.
Important Features that are under offering
& key highlights of the report :
1) Is it possible to add more list of company
and customize study as per our need?
Yes, we can add or profile new company as per
client need in the report, provided it is available in our coverage list as
mentioned in answer to Question 1 and after feasibility run final confirmation
will be provided by research team checking the constraints related to
difficulty of survey.
2) Can we narrow the available business
segments?
Yes, depending upon the data availability and
feasibility check by our Research Analyst, further breakdown in business
segments by end use application or product type can be provided (If applicable)
by Revenue Size or Volume*.
3) Can specific country of interest be added?
What all regional slits covered with covid impact analysis?
Yes, Country level splits can be modified in the
study as per objectives. Currently, research report gives special attention and
focus on following regions with covid outbreak and impact analysis:
North America, United States, Canada, Mexico,
Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia,
Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain,
Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of
South America, Middle East & Africa, Saudi Arabia, Turkey & Rest of
Middle East & Africa
** One country of specific interest can be
included at no added cost. For inclusion of more regional segment quote will
vary.
The Global Critical Illness Insurance segments and Market Data Break Down are illuminated below:
by Type (Disease Insurance, Medical Insurance,
Income Protection Insurance), Application (Heart attack, Life-threatening
cancer, Loss of hearing, Loss of speech, Loss of vision, Major organ
transplant, Paralysis, Coma, Renal failure, Stroke, Carcinoma in situ, Coronary
artery bypass graft, Others), Policy Type (Standalone, Rider {Additional
Benefit, Accelerated Benefit}), Premium Mode (Monthly, Quarterly, Half Yearly,
Yearly), Age Group (0-19 Years, 20-29 Years, 30-39 Years, 40-49 Years, 50-59
Years, 60+ Years), Gender (Male, Female), Provider (Life Insurance, Health
Insurance)
With the multiple advantages of technology, cost
and service, many major developed rapidly. They kept leading
domestic market and on the other way actively developing international market
and seizing market share, becoming the backbone of Global Critical Illness Insurance industry. It is
understood that currently domestic players has been massively used by operators
in China.
***Sub Regions Included: North America [United States, Canada, Mexico],
Asia-Pacific [China, India, Japan, South Korea, Australia, Indonesia, Malaysia,
Philippines, Thailand, Vietnam], Europe [Germany, France, UK, Italy, Russia,
Rest of Europe], South America [Brazil, Argentina, Rest of South America],
Middle East & Africa [GCC Countries, Turkey, Egypt, South Africa, Rest of
Middle East & Africa]
*** Unless until specified in Original TOC of Global Critical Illness Insurance Market Study
Research Objectives
• To analyse and forecast the Global Critical
Illness Insurance market, in terms of value and volume.
• Which segment has the potential to gain the highest market share?
• To help decision maker from new offer perspective and benchmark existing
marketing strategy.
• Correlate cost structure historical data with key business segments.
• Analyse marketing contribution and customer acquisition by up-selling and
cross selling.
• Identifying Influencing factors keeping Global Critical Illness Insurance Market Intense, factored with periodic
analysis of CR4 & CR8 concentration ratio & HHI Index.
AMA also offers Custom Research services providing focused, comprehensive and tailored research according to clientele objectives. Thanks for reading this article; you can also get individual chapter wise section or region wise report like North America, Europe or Asia.
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