Market Reports on India Provides the Trending Market Research Report “India Health Insurance Market, By Claim Type (Cashless, Reimbursement), By Insurance Type (Disease, Income Protection), By Type of Insurance Provider (Public, Private, Standalone Health Insurers), By Business Type (Government Sponsored Health Insurance, Group Health Insurance, Individual Health Insurance), By Different Types of Health Insurance Plans (Indemnity Plans, Defined- benefit plans), By Type of Scheme (Community-based, Employer-based, Voluntary), By Type of Coverage (Family, Individual, Extended-family), By Term of Coverage (Term, Lifetime), By Cash Limit (Up to INR 200,000, INR 200,001 – 300,000, etc.), By Mode of Purchase (Online Portal, Insurance Agent, Others), By End User (Minors, Adults, Senior Citizens), By Region, Competition, Forecast & Opportunities, 2025”under Insurance Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

India Health Insurance Market is anticipated to register a robust CAGR of 29% during 2021-2025 owing to expanding middle-class population, growing awareness about benefits offered by a health insurance plan, favorable government initiatives and growing expenditure on healthcare. The insurance sector in India is regulated by the Insurance Regulatory and Development Authority of India (IRDAI). The introduction of health insurance schemes by Indian government, which includes personal accident (PA) schemes like Pradhan Mantri Suraksha Bima Yojana (PMSBY), PA cover from Indian Railway Catering and Tourism Corp (IRCTC) and so on, has resulted in increasing penetration of health insurance market in India.

Request a free sample copy of India Health Insurance Market Report
http://www.marketreportsonindia.com/marketreports/sample/reports/2115181

Health insurance is a type of insurance coverage that pays for medical, surgical, and sometimes dental expenses of the insurance holder. It protects the insurance holder from unexpected, high medical costs. Health insurance usually requires the covered policyholder to bear a portion of the risk by paying initial medical costs up to an agreed-upon amount before the health insurance is liable for payment.

Health insurance market is booming in India with rising number of people suffering from chronic diseases, increasing number of road accidents and encouragement from both public and private sector companies.

India health insurance market is segmented based on claim type, type of insurance provider, insurance type, business type, different types of health insurance plans, type of scheme, type of coverage, term of coverage, cash limit, mode of purchase, end user and region. Based on type of insurance provider, the market is segmented into public, private and standalone health insurers. In 2019, private insurance providers accounted for the largest share in India health insurance market. Private insurance providers offer quick referral to a consultant, provide advanced treatment options, and have quick and flexible treatment time for users in private hospitals. Based on insurance type, the market is segmented into disease and income protection. In 2019, disease insurance type dominated the health insurance market and the segment is expected to continue its dominance during the forecast period. However, income protection health insurance segment is foreseen to grow at a faster pace through 2025.

Major players operating in India health insurance market include Star Health Insurance, ICICI Lombard General Insurance Company, Religare Health Insurance Company Limited, HDFC Ergo, Max Bupa Health Insurance, TATA-AIG General Insurance Company Limited, SBI General Insurance, Universal Sompo Health Insurance, Edelweiss Health Insurance, Digi Health Insurance, and others. The insurance providers operating in India are now increasingly focusing on providing specialized health policies as well as on rural masses to increase the market share.

Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025

Objective of the Study:

To analyze and forecast the market size of India health insurance market.
To classify and forecast India health insurance market based on type of insurance provider, insurance type, type of scheme, type of coverage, term of coverage, cash limit, mode of purchase, end user and regional distribution.
To identify drivers and challenges for India health insurance market.
To examine competitive developments such as expansions, new product launches in India health insurance market.
To conduct pricing analysis for India health insurance market.
To identify and analyze the profile of leading players operating in India health insurance market.
Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of insurance providers across the country. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Our Research analyzed the insurance providers, as well as the presence of all major players across the country.

Our Research calculated the market size of India health insurance market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research.

Key Target Audience:

Health insurance providers, vendors and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to health insurance
Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as insurance providers, vendors, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:
In this report, India health insurance market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Claim Type:
Cashless
Reimbursement Type
Market, By Insurance Type:
Disease
Income Protection
Market, By Type of Insurance Provider:
Public
Private
Standalone Health Insurers
Market, By Business Type:
Government Sponsored Health Insurance
Group Health Insurance
Individual Health Insurers
Market, By Different Types of Health Insurance Plans
Indemnity Plans
Defined-Benefit Plans
Market, By Different Types of Health Insurance Plans, By Indemnity Plans
Family-Floater Plans
Individual Insurance
Senior Citizen Plans
Unit Linked Health Plans
Market, By Different Types of Health Insurance Plans, By Defined-Benefit Plans
Hospitalization Cash Benefit Plans
Critical Illness Plans
Personal Accident Plans
Market, By Type of Scheme:
Community-based
Employer based
Voluntary
Market, By Type of Coverage:
Family
Individual
Extended Family
Market, By Term of Coverage:
Term
Lifetime
Market, By Cash Limit:
Up to INR 200,000
INR 200,001 – 300,000
INR 300,001 – 500,000
INR 500,001 – 1,000,000
Above INR 1 Million
Market, By Mode of Purchase:
Insurance Agents
Bancassurance
Corporate Agents
Direct Company Representatives
Brokers
Online Portal
Web Aggregators
Others
Market, By End Users:
Adults
Minor
Senior Citizens
Market, By Region:
North
West
South
East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India health insurance market.
Available Customizations:
With the given market data, Our Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).

Browse our full report with Table of Content : http://www.marketreportsonindia.com/marketreports/india-health-insurance-market-by-claim-type-cashless-reimbursement-by-insurance-type-disease-income-protection-/2115181

About Market Reports on India:
Market Reports on India is an excellent source to obtain top quality market research reports that helps you to understand the business in the Indian market. We cover various industries, identifying and understanding key macro and micro-economic trends, insights and futuristic growth opportunities. To help achieve all this and more, Market Reports on India is the answer to all your business needs.

Contact us at:
Market Reports on India
Tel: +91 22 27810772 / 27810773
Email: [email protected]
Website: www.marketreportsonindia.com
Follow us on: Twitter, Facebook, LinkedIn