Critical Illness Insurance Market, Global Outlook and Forecast 2023-2029

Report ID: MMG39765 | Category: Service & Software | Pages: 111 | Format: PDF | Published Date: February 21,2023

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Report Description
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Report Summary

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.
This report aims to provide a comprehensive presentation of the global market for Critical 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 Critical Illness Insurance. This report contains market size and forecasts of Critical Illness Insurance in global, including the following market information:
Global Critical Illness Insurance Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Critical Illness Insurance market was valued at US$ 21650 million in 2022 and is projected to reach US$ 56020 million by 2029, at a CAGR of 14.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global critical illness insurance key players include China Life Insurance , Ping An Insurance, China Pacific Insurance, etc. Global top three manufacturers hold a share over 35%.
China is the largest market, with a share about 50%, followed by North America and Europe, both have a share about 30 percent. 
In terms of application, the largest application is Cancer, followed by Heart Attack, Stroke, etc.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Critical 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 Critical Illness Insurance Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Critical Illness Insurance Market Segment Percentages, by Type, 2022 (%)
    By Type
        Fixed-term Insurance
        Whole-life Insurance
    By Age
        50 Years Old
Global Critical Illness Insurance Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Critical Illness Insurance Market Segment Percentages, by Application, 2022 (%)
    Cancer
    Heart Attack
    Stroke
    Other
Global Critical Illness Insurance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Critical 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 Critical Illness Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Critical 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
    Generali Group
    Royal London
    Scottish Windows
    Livepool Victoria
    Vitality
Outline of Major Chapters:
Chapter 1: Introduces the definition of Critical Illness Insurance, market overview.
Chapter 2: Global Critical Illness Insurance market size in revenue.
Chapter 3: Detailed analysis of Critical 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 Critical 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.

1 Introduction to Research & Analysis Reports
    1.1 Critical Illness Insurance Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Critical Illness Insurance Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Critical Illness Insurance Overall Market Size
    2.1 Global Critical Illness Insurance Market Size: 2022 VS 2029
    2.2 Global Critical Illness Insurance Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Critical Illness Insurance Players in Global Market
    3.2 Top Global Critical Illness Insurance Companies Ranked by Revenue
    3.3 Global Critical Illness Insurance Revenue by Companies
    3.4 Top 3 and Top 5 Critical Illness Insurance Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Critical Illness Insurance Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Critical Illness Insurance Players in Global Market
        3.6.1 List of Global Tier 1 Critical Illness Insurance Companies
        3.6.2 List of Global Tier 2 and Tier 3 Critical Illness Insurance Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Critical Illness Insurance Market Size Markets, 2022 & 2029
        4.1.2 Fixed-term Insurance
        4.1.3 Whole-life Insurance
    4.2 By Type - Global Critical Illness Insurance Revenue & Forecasts
        4.2.1 By Type - Global Critical Illness Insurance Revenue, 2018-2023
        4.2.2 By Type - Global Critical Illness Insurance Revenue, 2024-2029
        4.2.3 By Type - Global Critical Illness Insurance Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Critical Illness Insurance Market Size, 2022 & 2029
        5.1.2 Cancer
        5.1.3 Heart Attack
        5.1.4 Stroke
        5.1.5 Other
    5.2 By Application - Global Critical Illness Insurance Revenue & Forecasts
        5.2.1 By Application - Global Critical Illness Insurance Revenue, 2018-2023
        5.2.2 By Application - Global Critical Illness Insurance Revenue, 2024-2029
        5.2.3 By Application - Global Critical Illness Insurance Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Critical Illness Insurance Market Size, 2022 & 2029
    6.2 By Region - Global Critical Illness Insurance Revenue & Forecasts
        6.2.1 By Region - Global Critical Illness Insurance Revenue, 2018-2023
        6.2.2 By Region - Global Critical Illness Insurance Revenue, 2024-2029
        6.2.3 By Region - Global Critical Illness Insurance Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Critical Illness Insurance Revenue, 2018-2029
        6.3.2 US Critical Illness Insurance Market Size, 2018-2029
        6.3.3 Canada Critical Illness Insurance Market Size, 2018-2029
        6.3.4 Mexico Critical Illness Insurance Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Critical Illness Insurance Revenue, 2018-2029
        6.4.2 Germany Critical Illness Insurance Market Size, 2018-2029
        6.4.3 France Critical Illness Insurance Market Size, 2018-2029
        6.4.4 U.K. Critical Illness Insurance Market Size, 2018-2029
        6.4.5 Italy Critical Illness Insurance Market Size, 2018-2029
        6.4.6 Russia Critical Illness Insurance Market Size, 2018-2029
        6.4.7 Nordic Countries Critical Illness Insurance Market Size, 2018-2029
        6.4.8 Benelux Critical Illness Insurance Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Critical Illness Insurance Revenue, 2018-2029
        6.5.2 China Critical Illness Insurance Market Size, 2018-2029
        6.5.3 Japan Critical Illness Insurance Market Size, 2018-2029
        6.5.4 South Korea Critical Illness Insurance Market Size, 2018-2029
        6.5.5 Southeast Asia Critical Illness Insurance Market Size, 2018-2029
        6.5.6 India Critical Illness Insurance Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Critical Illness Insurance Revenue, 2018-2029
        6.6.2 Brazil Critical Illness Insurance Market Size, 2018-2029
        6.6.3 Argentina Critical Illness Insurance Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Critical Illness Insurance Revenue, 2018-2029
        6.7.2 Turkey Critical Illness Insurance Market Size, 2018-2029
        6.7.3 Israel Critical Illness Insurance Market Size, 2018-2029
        6.7.4 Saudi Arabia Critical Illness Insurance Market Size, 2018-2029
        6.7.5 UAE Critical Illness Insurance Market Size, 2018-2029
7 Critical Illness Insurance Companies Profiles
    7.1 China Life Insurance
        7.1.1 China Life Insurance Company Summary
        7.1.2 China Life Insurance Business Overview
        7.1.3 China Life Insurance Critical Illness Insurance Major Product Offerings
        7.1.4 China Life Insurance Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.1.5 China Life Insurance Key News & Latest Developments
    7.2 Ping An Insurance
        7.2.1 Ping An Insurance Company Summary
        7.2.2 Ping An Insurance Business Overview
        7.2.3 Ping An Insurance Critical Illness Insurance Major Product Offerings
        7.2.4 Ping An Insurance Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.2.5 Ping An Insurance Key News & Latest Developments
    7.3 China Pacific Insurance
        7.3.1 China Pacific Insurance Company Summary
        7.3.2 China Pacific Insurance Business Overview
        7.3.3 China Pacific Insurance Critical Illness Insurance Major Product Offerings
        7.3.4 China Pacific Insurance Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.3.5 China Pacific Insurance Key News & Latest Developments
    7.4 Aviva
        7.4.1 Aviva Company Summary
        7.4.2 Aviva Business Overview
        7.4.3 Aviva Critical Illness Insurance Major Product Offerings
        7.4.4 Aviva Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.4.5 Aviva Key News & Latest Developments
    7.5 Legal & General
        7.5.1 Legal & General Company Summary
        7.5.2 Legal & General Business Overview
        7.5.3 Legal & General Critical Illness Insurance Major Product Offerings
        7.5.4 Legal & General Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.5.5 Legal & General Key News & Latest Developments
    7.6 New China Life Insurance
        7.6.1 New China Life Insurance Company Summary
        7.6.2 New China Life Insurance Business Overview
        7.6.3 New China Life Insurance Critical Illness Insurance Major Product Offerings
        7.6.4 New China Life Insurance Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.6.5 New China Life Insurance Key News & Latest Developments
    7.7 AXA
        7.7.1 AXA Company Summary
        7.7.2 AXA Business Overview
        7.7.3 AXA Critical Illness Insurance Major Product Offerings
        7.7.4 AXA Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.7.5 AXA Key News & Latest Developments
    7.8 Prudential plc
        7.8.1 Prudential plc Company Summary
        7.8.2 Prudential plc Business Overview
        7.8.3 Prudential plc Critical Illness Insurance Major Product Offerings
        7.8.4 Prudential plc Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.8.5 Prudential plc Key News & Latest Developments
    7.9 Aegon
        7.9.1 Aegon Company Summary
        7.9.2 Aegon Business Overview
        7.9.3 Aegon Critical Illness Insurance Major Product Offerings
        7.9.4 Aegon Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.9.5 Aegon Key News & Latest Developments
    7.10 Allianz
        7.10.1 Allianz Company Summary
        7.10.2 Allianz Business Overview
        7.10.3 Allianz Critical Illness Insurance Major Product Offerings
        7.10.4 Allianz Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.10.5 Allianz Key News & Latest Developments
    7.11 AIG
        7.11.1 AIG Company Summary
        7.11.2 AIG Business Overview
        7.11.3 AIG Critical Illness Insurance Major Product Offerings
        7.11.4 AIG Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.11.5 AIG Key News & Latest Developments
    7.12 UnitedHealthcare
        7.12.1 UnitedHealthcare Company Summary
        7.12.2 UnitedHealthcare Business Overview
        7.12.3 UnitedHealthcare Critical Illness Insurance Major Product Offerings
        7.12.4 UnitedHealthcare Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.12.5 UnitedHealthcare Key News & Latest Developments
    7.13 Zurich
        7.13.1 Zurich Company Summary
        7.13.2 Zurich Business Overview
        7.13.3 Zurich Critical Illness Insurance Major Product Offerings
        7.13.4 Zurich Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.13.5 Zurich Key News & Latest Developments
    7.14 MetLife
        7.14.1 MetLife Company Summary
        7.14.2 MetLife Business Overview
        7.14.3 MetLife Critical Illness Insurance Major Product Offerings
        7.14.4 MetLife Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.14.5 MetLife Key News & Latest Developments
    7.15 Dai-ichi Life Group
        7.15.1 Dai-ichi Life Group Company Summary
        7.15.2 Dai-ichi Life Group Business Overview
        7.15.3 Dai-ichi Life Group Critical Illness Insurance Major Product Offerings
        7.15.4 Dai-ichi Life Group Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.15.5 Dai-ichi Life Group Key News & Latest Developments
    7.16 Sun Life Financial
        7.16.1 Sun Life Financial Company Summary
        7.16.2 Sun Life Financial Business Overview
        7.16.3 Sun Life Financial Critical Illness Insurance Major Product Offerings
        7.16.4 Sun Life Financial Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.16.5 Sun Life Financial Key News & Latest Developments
    7.17 Huaxia life Insurance
        7.17.1 Huaxia life Insurance Company Summary
        7.17.2 Huaxia life Insurance Business Overview
        7.17.3 Huaxia life Insurance Critical Illness Insurance Major Product Offerings
        7.17.4 Huaxia life Insurance Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.17.5 Huaxia life Insurance Key News & Latest Developments
    7.18 Aflac
        7.18.1 Aflac Company Summary
        7.18.2 Aflac Business Overview
        7.18.3 Aflac Critical Illness Insurance Major Product Offerings
        7.18.4 Aflac Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.18.5 Aflac Key News & Latest Developments
    7.19 Liberty Mutual
        7.19.1 Liberty Mutual Company Summary
        7.19.2 Liberty Mutual Business Overview
        7.19.3 Liberty Mutual Critical Illness Insurance Major Product Offerings
        7.19.4 Liberty Mutual Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.19.5 Liberty Mutual Key News & Latest Developments
    7.20 HCF
        7.20.1 HCF Company Summary
        7.20.2 HCF Business Overview
        7.20.3 HCF Critical Illness Insurance Major Product Offerings
        7.20.4 HCF Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.20.5 HCF Key News & Latest Developments
    7.21 Generali Group
        7.21.1 Generali Group Company Summary
        7.21.2 Generali Group Business Overview
        7.21.3 Generali Group Critical Illness Insurance Major Product Offerings
        7.21.4 Generali Group Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.21.5 Generali Group Key News & Latest Developments
    7.22 Royal London
        7.22.1 Royal London Company Summary
        7.22.2 Royal London Business Overview
        7.22.3 Royal London Critical Illness Insurance Major Product Offerings
        7.22.4 Royal London Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.22.5 Royal London Key News & Latest Developments
    7.23 Scottish Windows
        7.23.1 Scottish Windows Company Summary
        7.23.2 Scottish Windows Business Overview
        7.23.3 Scottish Windows Critical Illness Insurance Major Product Offerings
        7.23.4 Scottish Windows Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.23.5 Scottish Windows Key News & Latest Developments
    7.24 Livepool Victoria
        7.24.1 Livepool Victoria Company Summary
        7.24.2 Livepool Victoria Business Overview
        7.24.3 Livepool Victoria Critical Illness Insurance Major Product Offerings
        7.24.4 Livepool Victoria Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.24.5 Livepool Victoria Key News & Latest Developments
    7.25 Vitality
        7.25.1 Vitality Company Summary
        7.25.2 Vitality Business Overview
        7.25.3 Vitality Critical Illness Insurance Major Product Offerings
        7.25.4 Vitality Critical Illness Insurance Revenue in Global Market (2018-2023)
        7.25.5 Vitality Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Critical Illness Insurance Market, Global Outlook and Forecast 2023-2029

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