Microinsurance Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global microinsurance market is expected to grow at a CAGR of around 4.8% during 2023-2030. This report on global microinsurance market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global microinsurance market by segmenting the market based on product type, provider, model type, and region. Also, detailed profiles of companies operating in the microinsurance market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Product Type
Market Drivers
- Micro Insurance is Affordable and has Transparent Dynamics
- Safeguard Against Exorbitant Medical Bills
- Microinsurance Products tend to be Much Less Costly than Traditional Products
- Stringent Government Regulations
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Product Type
- Property Insurance
- Health Insurance
- Life Insurance
- Index Insurance
- Accidental Death and Disability Insurance
- Others
- Microinsurance (Commercially Viable)
- Microinsurance Through Aid/Government Support
- Partner Agent Model
- Full-Service Model
- Provider Driven Model
- Community-Based/Mutual Model
- Others
- Europe
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
1. PREFACE
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. KEY INSIGHTS
3. GLOBAL MICROINSURANCE MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL MICROINSURANCE MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL MICROINSURANCE MARKET BY PRODUCT TYPE
5.1. Introduction
5.2. Property Insurance
5.3. Health Insurance
5.4. Life Insurance
5.5. Index Insurance
5.6. Accidental Death and Disability Insurance
5.7. Others
6. GLOBAL MICROINSURANCE MARKET BY PROVIDER
6.1 Introduction
6.2 Microinsurance (Commercially Viable)
6.3 Microinsurance Through Aid/Government Support
7. GLOBAL MICROINSURANCE MARKET BY MODEL TYPE
7.1 Introduction
7.2 Partner Agent Model
7.3 Full-Service Model
7.4 Provider Driven Model
7.5 Community-Based/Mutual Model
7.6 Others
8. GLOBAL MICROINSURANCE MARKET BY REGION
8.1 Introduction
8.2 Europe
8.3 North America
8.4 Asia Pacific
8.5 Latin America
8.6 Middle East & Africa
9. SWOT ANALYSIS
10. PORTER’S FIVE FORCES
11. MARKET VALUE CHAIN ANALYSIS
12. COMPETITIVE LANDSCAPE
12.1 Competitive Scenario
12.2 Company Profiles
12.2.1 Albaraka
12.2.2 Amhara Credit and Savings Institution
12.2.3 ASA.
12.2.4 Banco do Nordeste
12.2.5 Bandhan Financial Services
12.2.6 FundaciOn de la Mujer
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. KEY INSIGHTS
3. GLOBAL MICROINSURANCE MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL MICROINSURANCE MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL MICROINSURANCE MARKET BY PRODUCT TYPE
5.1. Introduction
5.2. Property Insurance
5.3. Health Insurance
5.4. Life Insurance
5.5. Index Insurance
5.6. Accidental Death and Disability Insurance
5.7. Others
6. GLOBAL MICROINSURANCE MARKET BY PROVIDER
6.1 Introduction
6.2 Microinsurance (Commercially Viable)
6.3 Microinsurance Through Aid/Government Support
7. GLOBAL MICROINSURANCE MARKET BY MODEL TYPE
7.1 Introduction
7.2 Partner Agent Model
7.3 Full-Service Model
7.4 Provider Driven Model
7.5 Community-Based/Mutual Model
7.6 Others
8. GLOBAL MICROINSURANCE MARKET BY REGION
8.1 Introduction
8.2 Europe
8.3 North America
8.4 Asia Pacific
8.5 Latin America
8.6 Middle East & Africa
9. SWOT ANALYSIS
10. PORTER’S FIVE FORCES
11. MARKET VALUE CHAIN ANALYSIS
12. COMPETITIVE LANDSCAPE
12.1 Competitive Scenario
12.2 Company Profiles
12.2.1 Albaraka
12.2.2 Amhara Credit and Savings Institution
12.2.3 ASA.
12.2.4 Banco do Nordeste
12.2.5 Bandhan Financial Services
12.2.6 FundaciOn de la Mujer
LIST OF TABLES
Table 1: Global Microinsurance Market Portraiture
Table 2: Global Microinsurance Market by Product Type (in US$ Million), 2022 & 2030
Table 3: Global Microinsurance Market by Provider (in US$ Million), 2022 & 2030
Table 4: Global Microinsurance Market by Model Type (in US$ Million), 2022 & 2030
Table 5: Global Microinsurance Market by Region (in US$ Million), 2022 & 2030
Table 6: List of Key Players
Table 1: Global Microinsurance Market Portraiture
Table 2: Global Microinsurance Market by Product Type (in US$ Million), 2022 & 2030
Table 3: Global Microinsurance Market by Provider (in US$ Million), 2022 & 2030
Table 4: Global Microinsurance Market by Model Type (in US$ Million), 2022 & 2030
Table 5: Global Microinsurance Market by Region (in US$ Million), 2022 & 2030
Table 6: List of Key Players
LIST OF FIGURES
Figure 1: Global Microinsurance Market (in US$ Million), 2018-2022
Figure 2: Global Microinsurance Market by Product Type, 2022
Figure 3: Global Microinsurance Market by Provider, 2022
Figure 4: Global Microinsurance Market by Model Type, 2022
Figure 5: Global Microinsurance Market by Region, 2022
Figure 6: Global Microinsurance Market (in US$ Million), 2023-2030
Figure 7: Global Microinsurance Market by Product Type (in %), 2022 & 2030
Figure 8: Global Property Insurance Microinsurance Market (in US$ Million), 2018-2022
Figure 9: Global Property Insurance Microinsurance Market (in US$ Million), 2023-2030
Figure 10: Global Health Insurance Microinsurance Market (in US$ Million), 2018-2022
Figure 11: Global Health Insurance Microinsurance Market (in US$ Million), 2023-2030
Figure 12: Global Life Insurance Microinsurance Market (in US$ Million), 2018-2022
Figure 13: Global Life Insurance Microinsurance Market (in US$ Million), 2023-2030
Figure 14: Global Index Insurance Microinsurance Market (in US$ Million), 2018-2022
Figure 15: Global Index Insurance Microinsurance Market (in US$ Million), 2023-2030
Figure 16: Global Accidental Death and Disability Insurance Microinsurance Market (in US$ Million), 2018-2022
Figure 17: Global Accidental Death and Disability Insurance Microinsurance Market (in US$ Million), 2023-2030
Figure 18: Global Other Types of Microinsurance Market (in US$ Million), 2018-2022
Figure 19: Global Other Types of Microinsurance Market (in US$ Million), 2023-2030
Figure 20: Global Microinsurance Market by Provider (in %), 2022 & 2030
Figure 21: Global Microinsurance (Commercially Viable) Market (in US$ Million), 2018-2022
Figure 22: Global Microinsurance (Commercially Viable) Market (in US$ Million), 2023-2030
Figure 23: Global Microinsurance Through Aid/Government Support Market (in US$ Million), 2018-2022
Figure 24: Global Microinsurance Through Aid/Government Support Market (in US$ Million), 2023-2030
Figure 25: Global Microinsurance Market by Model Type (in %), 2022 & 2030
Figure 26: Global Partner Agent Model Microinsurance Market (in US$ Million), 2018-2022
Figure 27: Global Partner Agent Model Microinsurance Market (in US$ Million), 2023-2030
Figure 28: Global Full-Service Model Microinsurance Market (in US$ Million), 2018-2022
Figure 29: Global Full-Service Model Microinsurance Market (in US$ Million), 2023-2030
Figure 30: Global Provider Driven Model Microinsurance Market (in US$ Million), 2018-2022
Figure 31: Global Provider Driven Model Microinsurance Market (in US$ Million), 2023-2030
Figure 32: Global Community-Based/Mutual Model Microinsurance Market (in US$ Million), 2018-2022
Figure 33: Global Community-Based/Mutual Model Microinsurance Market (in US$ Million), 2023-2030
Figure 34: Global Other Model of Microinsurance Market (in US$ Million), 2018-2022
Figure 35: Global Other Model of Microinsurance Market (in US$ Million), 2023-2030
Figure 36: Global Microinsurance Market by Region (in %), 2022 & 2030
Figure 37: Europe Microinsurance Market (in US$ Million), 2018-2022
Figure 38: Europe Microinsurance Market (in US$ Million), 2023-2030
Figure 39: North America Microinsurance Market (in US$ Million), 2018-2022
Figure 40: North America Microinsurance Market (in US$ Million), 2023-2030
Figure 41: Asia Pacific Microinsurance Market (in US$ Million), 2018-2022
Figure 42: Asia Pacific Microinsurance Market (in US$ Million), 2023-2030
Figure 43: Latin America Microinsurance Market (in US$ Million), 2018-2022
Figure 44: Latin America Microinsurance Market (in US$ Million), 2023-2030
Figure 45: Middle East & Africa Microinsurance Market (in US$ Million), 2018-2022
Figure 46: Middle East & Africa Microinsurance Market (in US$ Million), 2023-2030
Figure 47: Market Value Chain
Figure 1: Global Microinsurance Market (in US$ Million), 2018-2022
Figure 2: Global Microinsurance Market by Product Type, 2022
Figure 3: Global Microinsurance Market by Provider, 2022
Figure 4: Global Microinsurance Market by Model Type, 2022
Figure 5: Global Microinsurance Market by Region, 2022
Figure 6: Global Microinsurance Market (in US$ Million), 2023-2030
Figure 7: Global Microinsurance Market by Product Type (in %), 2022 & 2030
Figure 8: Global Property Insurance Microinsurance Market (in US$ Million), 2018-2022
Figure 9: Global Property Insurance Microinsurance Market (in US$ Million), 2023-2030
Figure 10: Global Health Insurance Microinsurance Market (in US$ Million), 2018-2022
Figure 11: Global Health Insurance Microinsurance Market (in US$ Million), 2023-2030
Figure 12: Global Life Insurance Microinsurance Market (in US$ Million), 2018-2022
Figure 13: Global Life Insurance Microinsurance Market (in US$ Million), 2023-2030
Figure 14: Global Index Insurance Microinsurance Market (in US$ Million), 2018-2022
Figure 15: Global Index Insurance Microinsurance Market (in US$ Million), 2023-2030
Figure 16: Global Accidental Death and Disability Insurance Microinsurance Market (in US$ Million), 2018-2022
Figure 17: Global Accidental Death and Disability Insurance Microinsurance Market (in US$ Million), 2023-2030
Figure 18: Global Other Types of Microinsurance Market (in US$ Million), 2018-2022
Figure 19: Global Other Types of Microinsurance Market (in US$ Million), 2023-2030
Figure 20: Global Microinsurance Market by Provider (in %), 2022 & 2030
Figure 21: Global Microinsurance (Commercially Viable) Market (in US$ Million), 2018-2022
Figure 22: Global Microinsurance (Commercially Viable) Market (in US$ Million), 2023-2030
Figure 23: Global Microinsurance Through Aid/Government Support Market (in US$ Million), 2018-2022
Figure 24: Global Microinsurance Through Aid/Government Support Market (in US$ Million), 2023-2030
Figure 25: Global Microinsurance Market by Model Type (in %), 2022 & 2030
Figure 26: Global Partner Agent Model Microinsurance Market (in US$ Million), 2018-2022
Figure 27: Global Partner Agent Model Microinsurance Market (in US$ Million), 2023-2030
Figure 28: Global Full-Service Model Microinsurance Market (in US$ Million), 2018-2022
Figure 29: Global Full-Service Model Microinsurance Market (in US$ Million), 2023-2030
Figure 30: Global Provider Driven Model Microinsurance Market (in US$ Million), 2018-2022
Figure 31: Global Provider Driven Model Microinsurance Market (in US$ Million), 2023-2030
Figure 32: Global Community-Based/Mutual Model Microinsurance Market (in US$ Million), 2018-2022
Figure 33: Global Community-Based/Mutual Model Microinsurance Market (in US$ Million), 2023-2030
Figure 34: Global Other Model of Microinsurance Market (in US$ Million), 2018-2022
Figure 35: Global Other Model of Microinsurance Market (in US$ Million), 2023-2030
Figure 36: Global Microinsurance Market by Region (in %), 2022 & 2030
Figure 37: Europe Microinsurance Market (in US$ Million), 2018-2022
Figure 38: Europe Microinsurance Market (in US$ Million), 2023-2030
Figure 39: North America Microinsurance Market (in US$ Million), 2018-2022
Figure 40: North America Microinsurance Market (in US$ Million), 2023-2030
Figure 41: Asia Pacific Microinsurance Market (in US$ Million), 2018-2022
Figure 42: Asia Pacific Microinsurance Market (in US$ Million), 2023-2030
Figure 43: Latin America Microinsurance Market (in US$ Million), 2018-2022
Figure 44: Latin America Microinsurance Market (in US$ Million), 2023-2030
Figure 45: Middle East & Africa Microinsurance Market (in US$ Million), 2018-2022
Figure 46: Middle East & Africa Microinsurance Market (in US$ Million), 2023-2030
Figure 47: Market Value Chain
