DUBLIN–(COMMERCIAL WIRE)–The “India Health Insurance Market (2022-2027) by Plan Type, Duration, Application, Coverage, Type, Age Group, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis” Report has been added to ResearchAndMarkets.com offering.
India’s health insurance market is estimated to be USD 122.11 billion in 2022 and is expected to reach USD 198.45 billion by 2027, growing at 10.2% CAGR.
The Indian health insurance market is segmented based on plan type, duration, application, coverage, type and age group.
Type of Plan, the market is classified into Medical Insurance, Critical Illness Insurance, Floating Family Health Insurance and Others.
Duration, the market is classified into Life Coverage and Term Insurance.
Application, the market is categorized into Direct Sales, Brokers and Agents, Bankers, and Others.
Coverage, the market is categorized into Preferred Provider Organizations, Point of Service, Health Maintenance Organization and Exclusive Provider Organization.
Type, the market is classified into Group and Individual.
Age Group, the market is classified into Seniors, Adults and Children.
The report includes the Competitive Quadrant, a proprietary tool for analyzing and evaluating the position of companies based on their Industry Position Score and Market Performance Score. The tool uses various factors to categorize players into four categories. Some of these factors considered for the analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
The report presents a detailed analysis of the Ansoff matrix for the Indian health insurance market. The Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to devise strategies for company growth. The matrix can be used to assess approaches in four strategies, viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved in each approach.
A complete analysis of the market, including the parent industry
Important market dynamics and trends
Historical, current and projected market size based on value and volume
Market Shares and Strategies of Key Players
Recommendations to companies to strengthen their presence in the market
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive summary
4 Market Dynamics
4.1.1 Increased cost of medical care
4.1.2 Increase in demand with pandemic
4.1.3 Private Organizations Providing Employer-Sponsored Health Insurance Plans
4.2.1 Eligibility Rules
4.3.1 Insurtech boom
4.3.2 Increased demand for quality private care
4.4.1 Costs are exacerbated by an aging population
4.4.2 Some Health Services and Medical Expenses Not Covered
5 Market Analysis
5.1 Regulatory scenario
5.2 Porter’s five forces analysis
5.3 Impact of COVID-19
5.4 Analysis of the Ansoff matrix
6 India Health Insurance Market, By Plan Type
6.2 Medical Insurance
6.3 Critical illness insurance
6.4 Floating family health insurance
7 India Health Insurance Market, By Duration
7.2 Lifetime coverage
7.3 Term Insurance
8 India Health Insurance Market, by Application
8.2 Direct Sales
8.3 Brokers and Agents
9 Indian health insurance market, by coverage
9.2 Preferred Provider Organizations
9.3 Point of Services
9.4 Health maintenance organization
9.5 Organization of exclusive suppliers
10 India Health Insurance Market, By Type
11 India Health Insurance Market, By Age Group
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market share analysis
12.3 Strategic initiatives
12.3.1 Mergers and Acquisitions and Investments
12.3.2 Partnerships and collaborations
12.3.3 Product developments and improvements
Aditya Birla Health Insurance Co. Ltd.
Bajaj Allianz General Insurance
care health insurance
Cholamandalam MS General Insurance Company Ltd
Edelweiss General Insurance Company
Go Digit General Insurance Limited
ICICI Lombard General Insurance Company
Kotak Mahindra General Insurance Company Ltd
Life Insurance Corporation of India
Magma HDI General Insurance Company
Manipal Cigna Health Insurance Company
Limited maximum life insurance company
Navi General Insurance Limited
Niva Bupa Health Insurance Limited
Reliance General Insurance Company Limited
OSE General Insurance
Star Health and Allied Insurance Co Ltd
Tata AIG General Insurance Company Limited
Oriental Insurance Company Ltd.
For more information on this report, visit https://www.researchandmarkets.com/r/adqayy