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Increasing costs for medical services and the growing number of day-care procedures are some of the drivers boosting health insurance demand in the market. With the increasing demand for health insurance globally, major companies are expanding their product portfolios in different countries to strengthen their presence for these products and solutions in the market.
Data Bridge Market Research analyses that the Asia-Pacific health insurance market is expected to reach USD 540,143.73 million by 2029, at a CAGR of 4.1% during the forecast period of 2022-2029. "Product" accounts for the most prominent by type segment as they cover medi claim insurance, hospitalization insurance, critical illness insurance, individual coverage insurance, family floater coverage insurance, senior citizen coverage insurance, unit-linked health plans, and permanent health insurance. They cover 94.63% of insurance because it has the highest claim rate to policyholders and compensation for a covered loss or policy event. The Asia-Pacific health insurance market report also covers pricing analysis, patent analysis, and technological advancements in depth.
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Some of the key questions answered in this report:
Some of the major players operating in the Asia-Pacific health insurance market are Bupa, Now Health International, Aetna Inc. (A subsidiary of CVS Health), AXA, Cigna, HBF Health Limited, International Medical Group, Inc. (a subsidiary of Sirius Point Ltd.), Allianz Care (A subsidiary of Allianz), HealthCare International Global Network Ltd., ASSICURAZIONI GENERALI S.P.A., Aviva, MAPFRE, AIA Group Limited, Oracle, among others.
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