Top Report-Personal Accident And Health Insurance In Cyprus, -Market Growth,Key Trends And Opportunities To 2017

New Market Research Report Added in MarketResearchReports.Biz Reports Database: Personal Accident And Health Insurance In Cyprus, Key Trends And Opportunities To 2017

Synopsis

The report provides in depth market analysis, information and insights into the Cypriot personal accident and health insurance segment, including:

• The Cypriot personal accident and health insurance segment’s growth prospects by insurance categories
• Key trends and drivers for the personal accident and health insurance segment
• The various distribution channels in the Cypriot personal accident and health insurance segment
• The detailed competitive landscape in the personal accident and health insurance segment in Cyprus
• Detailed regulatory framework of the Cypriot insurance industry
• A description of the personal accident and health reinsurance segment in Cyprus
• Porter's Five Forces analysis of the personal accident and health insurance segment

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Executive summary

The Cypriot healthcare system is characterized by absence of universal coverage. Although designed to provide comprehensive coverage, the general health insurance system (GHIS) has not been implemented due to cost overruns and pressure on government finances from the financial crisis. In terms of total healthcare expenditure, the share of the private sector stood at 57%, higher than public expenditure which stood at 43% in 2011. The current public system lacks efficiency and technological capability and has resulted in an increased dependence on private sector insurance. The personal accident and health segment’s written premium increased at a CAGR of 7.8% during the review period (2008−2012). The troubled state of the economy, rising unemployment figures and a decline in disposable income is impacting demand for personal accident and health products.

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Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Cyprus:

• It provides historical values for the Cypriot personal accident and health insurance segment for the report’s 2008–2012 review period and projected figures for the 2012–2017 forecast period.
• It offers a detailed analysis of the key sub-segments in Cypriot personal accident and health insurance segment, along with market forecasts until 2017.
• It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
• It analyses the various distribution channels for personal accident and health insurance products in Cyprus.
• Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Cyprus for the personal accident and health insurance segment.
• It provides a detailed analysis of the reinsurance segment in Cyprus and its growth prospects.
• It profiles the top personal accident and health insurance companies in Cyprus and outlines the key regulations affecting them.

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Reasons to buy

• Make strategic business decisions using in-depth historic and forecast market data related to the Cypriot personal accident and health insurance segment and each category within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Cypriot personal accident and health insurance segment
• Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
• Identify the growth opportunities and market dynamics within key product categories
• Gain insights into key regulations governing the Cypriot insurance industry and its impact on companies and the market's future


Key highlights

• • Changing lifestyle patterns and improving health awareness among the Cypriot population resulted in an increase in per capita healthcare expenditure during the review period
• • The personal accident and health segment’s written premium increased at a CAGR of 7.8% during the review period (2008−2012)
• • The personal accident insurance category is the largest in the segment, accounting for an industry share of 51.5% in 2012
• • Over the forecast period, rising health expenditure, an aging population and increased co-ordination between the public and private sector will underline growth

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Market Analysis-Global Hearing Aid Market Report- 2013 Edition -growth ,trends and forecast

A significant increase has been noted in the number of people suffering from hearing problems over the past couple of years. The companies operating in the healthcare and medical technology are setting high standards by producing hearing aids capable of addressing the complex medical needs of patients suffering from hearing loss with the help of technological advancements. This has helped the patients to lead a safer and happier life. Moreover, incessantly evolving surroundings and ever changing lifestyle have consistently boosted the growth of medical sector. The global hearing aid industry continues to witness volume growth.

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People are said to suffer from hearing loss when they have diminished sensitivity to the sounds that are normally heard by others. In speech frequencies, certain people have relative insensitivity to sound. Such situation is termed as hearing impairment. The increase in volume above the usual sound levels necessary before the listeners can detect it determines the severity of hearing loss. There are three types of hearing loss: Conductive, Sensorineural and Mixed hearing loss. The hearing losses according to the severity are classified into four types: Mild, Moderate, Severe and Profound hearing loss.
The global hearing aid market is categorized by certain trends which are likely to affect the market. Low penetration rate and reimbursements of the hearing aids are the key trends providing sufficient opportunity for further growth. On the development front, advent of wireless, bluetooth and FM technology are few of the major innovations in this industry. The growth of this market is driven by growing ageing population, increase in demand of hearing aid devices and growing worldwide economy among others. However, the global hearing aid industry faces serious challenges in terms of social stigma and rise in price pressure.

The report on global hearing aid market contains a comprehensive analysis of the global hearing instruments industry along with the study of the regional markets including North America, US, APAC, EMEA, Germany and Korea. An intense competition is observed among few major players; Sonova, William Demant, Siemens, and GN ReSound; of the hearing aid industry. Moreover, competitive landscape in terms of geographical comparison, organic growth comparison, product portfolio comparison, along with company profiles of the leading players in the market is included in this report.

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By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

Table of Content

1. Overview
1.1 Introduction
1.1.1 Degree of Hearing Loss
1.1.2 Types of Hearing Loss
1.2 Hearing Aid Devices
1.2.1 Types of Hearing Aids
1.3 Industry Value Chain

2. Market Structure
2.1 Global Hearing Instruments Market
• Market Value
• Market Volume
2.2. Distribution Channels
2.3 Hearing Instruments Market by Region
2.3.1 North America
• Market Volume
• Growth Rate
• US Overall Market
• US VA Market
• US Private Market
• Penetration Rate
2.3.2 Asia-Pacific
• Market Volume
• Growth Rate
• Korean Market Value
• Korean Market Distribution Share

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