PUBLISHER: TechNavio | PRODUCT CODE: 1557681
PUBLISHER: TechNavio | PRODUCT CODE: 1557681
The personal accident and health (Pa And H) insurance market is forecasted to grow by USD 720.5 bn during 2023-2028, accelerating at a CAGR of 8.81% during the forecast period. The report on the personal accident and health (Pa And H) insurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness about benefits of personal accident and health insurance, rise in number of accidents, and increase in prevalence of chronic diseases.
Technavio's personal accident and health (Pa And H) insurance market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.49% |
CAGR | 8.81% |
Incremental Value | $720.5bn |
By Type
By Age Group
By Geography
This study identifies the increasing availability of insurance products and services through digital channels as one of the prime reasons driving the personal accident and health (Pa And H) insurance market growth during the next few years. Also, growing demand for customization and tailored insurance policies and integration of wearables into customer engagement metrics for life insurance software will lead to sizable demand in the market.
The report on the personal accident and health (Pa And H) insurance market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal accident and health (Pa And H) insurance market vendors that include Aegon N.V., Allianz SE, American International Group Inc., Assicurazioni Generali S.p.A., Aviva insurance Ltd., AXA Group, British United Provident Association Ltd., CVS Health Corp., HDFC Ltd., Manulife Financial Corp., MAPFRE S.A., Metlife Inc., Munich Reinsurance Co., Prudential Financial Inc., Sompo Holdings Inc., Sun Life Financial Inc., Swiss Re Ltd., The Cigna Group, United Health Group Inc., and Zurich Insurance Co. Ltd.. Also, the personal accident and health (Pa And H) insurance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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