[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Critical Illness Insurance Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 120 pages | ID: GA5739F49021EN
APO Research

US$ 3,450.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
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.

According to APO Research, The global Critical Illness Insurance market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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.

Report Scope

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.

The Critical Illness Insurance market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Critical Illness Insurance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report 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
Critical Illness Insurance segment by Type
  • By Type
  • Whole-life Insurance
  • By Age
  • 30-40 Years Old
  • 41-50 Years Old
  • >$50 Years Old
Critical Illness Insurance segment by Application
  • Cancer
  • Heart Attack
  • Stroke
  • Other
Critical Illness Insurance Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Critical Illness Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Critical Illness Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Critical Illness Insurance.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2019-2024, 2025-2030). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: 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 3: 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 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 5: Detailed analysis of Critical Illness Insurance companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.

Chapter 12: Concluding Insights of the report

Chapter 12: Concluding Insights of the report
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Critical Illness Insurance Market Size Overview by Region 2019 VS 2023 VS 2030
1.4 Global Critical Illness Insurance Market Size by Region (2019-2030)
  1.4.1 Global Critical Illness Insurance Market Size by Region (2019-2024)
  1.4.2 Global Critical Illness Insurance Market Size by Region (2025-2030)
1.5 Key Regions Critical Illness Insurance Market Size (2019-2030)
  1.5.1 North America Critical Illness Insurance Market Size Growth Rate (2019-2030)
  1.5.2 Europe Critical Illness Insurance Market Size Growth Rate (2019-2030)
  1.5.3 Asia-Pacific Critical Illness Insurance Market Size Growth Rate (2019-2030)
  1.5.4 Latin America Critical Illness Insurance Market Size Growth Rate (2019-2030)
  1.5.5 Middle East & Africa Critical Illness Insurance Market Size Growth Rate (2019-2030)

2 CRITICAL ILLNESS INSURANCE MARKET BY TYPE

2.1 Type Introduction
  2.1.1 By Type
  2.1.2 By Age
2.2 Global Critical Illness Insurance Market Size by Type
  2.2.1 Global Critical Illness Insurance Market Size Overview by Type (2019-2030)
  2.2.2 Global Critical Illness Insurance Historic Market Size Review by Type (2019-2024)
  2.2.3 Global Critical Illness Insurance Market Size Forecasted by Type (2025-2030)
2.3 Global Critical Illness Insurance Market Size by Regions
  2.3.1 North America Critical Illness Insurance Market Size Breakdown by Type (2019-2024)
  2.3.2 Europe Critical Illness Insurance Market Size Breakdown by Type (2019-2024)
  2.3.3 Asia-Pacific Critical Illness Insurance Market Size Breakdown by Type (2019-2024)
  2.3.4 Latin America Critical Illness Insurance Market Size Breakdown by Type (2019-2024)
  2.3.5 Middle East and Africa Critical Illness Insurance Market Size Breakdown by Type (2019-2024)

3 CRITICAL ILLNESS INSURANCE MARKET BY APPLICATION

3.1 Type Introduction
  3.1.1 Cancer
  3.1.2 Heart Attack
  3.1.3 Stroke
  3.1.4 Other
3.2 Global Critical Illness Insurance Market Size by Application
  3.2.1 Global Critical Illness Insurance Market Size Overview by Application (2019-2030)
  3.2.2 Global Critical Illness Insurance Historic Market Size Review by Application (2019-2024)
  3.2.3 Global Critical Illness Insurance Market Size Forecasted by Application (2025-2030)
3.3 Global Critical Illness Insurance Market Size by Regions
  3.3.1 North America Critical Illness Insurance Market Size Breakdown by Application (2019-2024)
  3.3.2 Europe Critical Illness Insurance Market Size Breakdown by Application (2019-2024)
  3.3.3 Asia-Pacific Critical Illness Insurance Market Size Breakdown by Application (2019-2024)
  3.3.4 Latin America Critical Illness Insurance Market Size Breakdown by Application (2019-2024)
  3.3.5 Middle East and Africa Critical Illness Insurance Market Size Breakdown by Application (2019-2024)

4 GLOBAL MARKET DYNAMICS

4.1 Critical Illness Insurance Industry Trends
4.2 Critical Illness Insurance Industry Drivers
4.3 Critical Illness Insurance Industry Opportunities and Challenges
4.4 Critical Illness Insurance Industry Restraints

5 COMPETITIVE INSIGHTS BY COMPANY

5.1 Global Top Players by Critical Illness Insurance Revenue (2019-2024)
5.2 Global Critical Illness Insurance Industry Company Ranking, 2022 VS 2023 VS 2024
5.3 Global Critical Illness Insurance Key Company Headquarters & Area Served
5.4 Global Critical Illness Insurance Company, Product Type & Application
5.5 Global Critical Illness Insurance Company Commercialization Time
5.6 Market Competitive Analysis
  5.6.1 Global Critical Illness Insurance Market CR5 and HHI
  5.6.2 Global Top 5 and 10 Critical Illness Insurance Players Market Share by Revenue in 2023
  5.6.3 2023 Critical Illness Insurance Tier 1, Tier 2, and Tier

6 COMPANY PROFILES

6.1 China Life Insurance
  6.1.1 China Life Insurance Comapny Information
  6.1.2 China Life Insurance Business Overview
  6.1.3 China Life Insurance Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.1.4 China Life Insurance Critical Illness Insurance Product Portfolio
  6.1.5 China Life Insurance Recent Developments
6.2 Ping An Insurance
  6.2.1 Ping An Insurance Comapny Information
  6.2.2 Ping An Insurance Business Overview
  6.2.3 Ping An Insurance Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.2.4 Ping An Insurance Critical Illness Insurance Product Portfolio
  6.2.5 Ping An Insurance Recent Developments
6.3 China Pacific Insurance
  6.3.1 China Pacific Insurance Comapny Information
  6.3.2 China Pacific Insurance Business Overview
  6.3.3 China Pacific Insurance Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.3.4 China Pacific Insurance Critical Illness Insurance Product Portfolio
  6.3.5 China Pacific Insurance Recent Developments
6.4 Aviva
  6.4.1 Aviva Comapny Information
  6.4.2 Aviva Business Overview
  6.4.3 Aviva Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.4.4 Aviva Critical Illness Insurance Product Portfolio
  6.4.5 Aviva Recent Developments
6.5 Legal & General
  6.5.1 Legal & General Comapny Information
  6.5.2 Legal & General Business Overview
  6.5.3 Legal & General Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.5.4 Legal & General Critical Illness Insurance Product Portfolio
  6.5.5 Legal & General Recent Developments
6.6 New China Life Insurance
  6.6.1 New China Life Insurance Comapny Information
  6.6.2 New China Life Insurance Business Overview
  6.6.3 New China Life Insurance Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.6.4 New China Life Insurance Critical Illness Insurance Product Portfolio
  6.6.5 New China Life Insurance Recent Developments
6.7 AXA
  6.7.1 AXA Comapny Information
  6.7.2 AXA Business Overview
  6.7.3 AXA Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.7.4 AXA Critical Illness Insurance Product Portfolio
  6.7.5 AXA Recent Developments
6.8 Prudential plc
  6.8.1 Prudential plc Comapny Information
  6.8.2 Prudential plc Business Overview
  6.8.3 Prudential plc Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.8.4 Prudential plc Critical Illness Insurance Product Portfolio
  6.8.5 Prudential plc Recent Developments
6.9 Aegon
  6.9.1 Aegon Comapny Information
  6.9.2 Aegon Business Overview
  6.9.3 Aegon Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.9.4 Aegon Critical Illness Insurance Product Portfolio
  6.9.5 Aegon Recent Developments
6.10 Allianz
  6.10.1 Allianz Comapny Information
  6.10.2 Allianz Business Overview
  6.10.3 Allianz Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.10.4 Allianz Critical Illness Insurance Product Portfolio
  6.10.5 Allianz Recent Developments
6.11 AIG
  6.11.1 AIG Comapny Information
  6.11.2 AIG Business Overview
  6.11.3 AIG Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.11.4 AIG Critical Illness Insurance Product Portfolio
  6.11.5 AIG Recent Developments
6.12 UnitedHealthcare
  6.12.1 UnitedHealthcare Comapny Information
  6.12.2 UnitedHealthcare Business Overview
  6.12.3 UnitedHealthcare Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.12.4 UnitedHealthcare Critical Illness Insurance Product Portfolio
  6.12.5 UnitedHealthcare Recent Developments
6.13 Zurich
  6.13.1 Zurich Comapny Information
  6.13.2 Zurich Business Overview
  6.13.3 Zurich Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.13.4 Zurich Critical Illness Insurance Product Portfolio
  6.13.5 Zurich Recent Developments
6.14 MetLife
  6.14.1 MetLife Comapny Information
  6.14.2 MetLife Business Overview
  6.14.3 MetLife Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.14.4 MetLife Critical Illness Insurance Product Portfolio
  6.14.5 MetLife Recent Developments
6.15 Dai-ichi Life Group
  6.15.1 Dai-ichi Life Group Comapny Information
  6.15.2 Dai-ichi Life Group Business Overview
  6.15.3 Dai-ichi Life Group Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.15.4 Dai-ichi Life Group Critical Illness Insurance Product Portfolio
  6.15.5 Dai-ichi Life Group Recent Developments
6.16 Sun Life Financial
  6.16.1 Sun Life Financial Comapny Information
  6.16.2 Sun Life Financial Business Overview
  6.16.3 Sun Life Financial Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.16.4 Sun Life Financial Critical Illness Insurance Product Portfolio
  6.16.5 Sun Life Financial Recent Developments
6.17 Huaxia life Insurance
  6.17.1 Huaxia life Insurance Comapny Information
  6.17.2 Huaxia life Insurance Business Overview
  6.17.3 Huaxia life Insurance Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.17.4 Huaxia life Insurance Critical Illness Insurance Product Portfolio
  6.17.5 Huaxia life Insurance Recent Developments
6.18 Aflac
  6.18.1 Aflac Comapny Information
  6.18.2 Aflac Business Overview
  6.18.3 Aflac Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.18.4 Aflac Critical Illness Insurance Product Portfolio
  6.18.5 Aflac Recent Developments
6.19 Liberty Mutual
  6.19.1 Liberty Mutual Comapny Information
  6.19.2 Liberty Mutual Business Overview
  6.19.3 Liberty Mutual Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.19.4 Liberty Mutual Critical Illness Insurance Product Portfolio
  6.19.5 Liberty Mutual Recent Developments
6.20 HCF
  6.20.1 HCF Comapny Information
  6.20.2 HCF Business Overview
  6.20.3 HCF Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.20.4 HCF Critical Illness Insurance Product Portfolio
  6.20.5 HCF Recent Developments
6.21 Generali Group
  6.21.1 Generali Group Comapny Information
  6.21.2 Generali Group Business Overview
  6.21.3 Generali Group Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.21.4 Generali Group Critical Illness Insurance Product Portfolio
  6.21.5 Generali Group Recent Developments
6.22 Royal London
  6.22.1 Royal London Comapny Information
  6.22.2 Royal London Business Overview
  6.22.3 Royal London Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.22.4 Royal London Critical Illness Insurance Product Portfolio
  6.22.5 Royal London Recent Developments
6.23 Scottish Windows
  6.23.1 Scottish Windows Comapny Information
  6.23.2 Scottish Windows Business Overview
  6.23.3 Scottish Windows Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.23.4 Scottish Windows Critical Illness Insurance Product Portfolio
  6.23.5 Scottish Windows Recent Developments
6.24 Livepool Victoria
  6.24.1 Livepool Victoria Comapny Information
  6.24.2 Livepool Victoria Business Overview
  6.24.3 Livepool Victoria Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.24.4 Livepool Victoria Critical Illness Insurance Product Portfolio
  6.24.5 Livepool Victoria Recent Developments
6.25 Vitality
  6.25.1 Vitality Comapny Information
  6.25.2 Vitality Business Overview
  6.25.3 Vitality Critical Illness Insurance Revenue, Global Share and Gross Margin (2019-2024)
  6.25.4 Vitality Critical Illness Insurance Product Portfolio
  6.25.5 Vitality Recent Developments

7 NORTH AMERICA

7.1 North America Critical Illness Insurance Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2 North America Critical Illness Insurance Market Size by Country (2019-2024)
7.3 North America Critical Illness Insurance Market Size Forecast by Country (2025-2030)

8 EUROPE

8.1 Europe Critical Illness Insurance Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2 Europe Critical Illness Insurance Market Size by Country (2019-2024)
8.3 Europe Critical Illness Insurance Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC

9.1 Asia-Pacific Critical Illness Insurance Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2 Asia-Pacific Critical Illness Insurance Market Size by Country (2019-2024)
9.3 Asia-Pacific Critical Illness Insurance Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA

10.1 Latin America Critical Illness Insurance Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2 Latin America Critical Illness Insurance Market Size by Country (2019-2024)
10.3 Latin America Critical Illness Insurance Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa Critical Illness Insurance Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2 Middle East & Africa Critical Illness Insurance Market Size by Country (2019-2024)
11.3 Middle East & Africa Critical Illness Insurance Market Size Forecast by Country (2025-2030)

12 CONCLUDING INSIGHTS

13 APPENDIX

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
  13.5.1 Secondary Sources
  13.5.2 Primary Sources


More Publications