2027 – Getsetntravel

Insights on the Travel Insurance Global Market to 2027

Posted on April 26, 2022 | by getsetntravel | Leave a Comment

DUBLIN, April 26, 2022 /PRNewswire/ — The “Global Travel Insurance Market (2022-2027) by Type, Distribution, End-User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.

The Global Travel Insurance Market is estimated to be USD 19.75 Bn in 2022 and is expected to reach USD 44.35 Bn by 2027, growing at a CAGR of 17.56%.

Market dynamics are forces that impact the prices and behaviors of the Global Travel Insurance Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies’ recent development and competitive scenario. Some of the companies covered in this report are Allianz Group, Aviva Plc, Berkshire Hathaway Specialty Insurance Company, Munich Reinsurance Company, Travelsafe Insurance, etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of – Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of – Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA.
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Travel Insurance Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate 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 with each approach.

The analyst analyses Global Travel Insurance Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

The report offers a comprehensive evaluation of the Global Travel Insurance Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.

Report Highlights:

A complete analysis of the market, including the parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics
4.1 Drivers
4.1.1 Increase in Tourisum
4.1.2 High Cost of Medical Treatment Overseas
4.1.3 Mandate Travel Insurance in Some Countries
4.1.4 Rising Demand for Reimbursement of Expenditures
4.1.5 Increase in Mobile-Based Payment and Internet Banking
4.2 Restraints
4.2.1 Varied Insurance Regulations across the Globe
4.2.2 Low Clarity Of The Travel Insurance Commitments
4.3 Opportunities
4.3.1 Incorporating Digital Tools by Insurance Market Players
4.3.2 Supportive Initiatives by Government
4.4 Challenges
4.4.1 Lack of Awareness Regarding Travel Insurance Policy
4.4.2 Cyber Security Concerns

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Travel Insurance Market, By Type
6.1 Introduction
6.2 Single-Trip Travel Insurance
6.3 Annual Multi-Trip Travel Insurance
6.4 Long- Stay Travel Insurance

7 Global Travel Insurance Market, By Distribution
7.1 Introduction
7.2 Insurance Intermediaries
7.3 Insurance Companies
7.4 Banks
7.5 Insurance Brokers and Aggregators

8 Global Travel Insurance Market, By End-User
8.1 Introduction
8.2 Educational Travel
8.3 Business Travelers
8.4 Family Travelers
8.5 Senior Citizen
8.6 Others

9 Americas’ Travel Insurance Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas

10 Europe’s Travel Insurance Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe

11 Middle East and Africa’s Travel Insurance Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA

12 APAC’s Travel Insurance Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific

13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements

14 Company Profiles
14.1 Allianz Group
14.2 American Express Company
14.3 American International Group Inc.
14.4 Assicurazioni Generali S.P.A.
14.5 Atlas Travel Insurance Services Ltd
14.6 Aviva Plc
14.7 AXA S.A
14.8 Bajaj Finserv Limited
14.9 Battleface Insurance Services Ltd
14.10 Berkshire Hathaway Specialty Insurance Company
14.11 China Life Insurance Company Limited.
14.12 China Pacific Life Insurance Co. Ltd
14.13 Chubb Limited
14.14 Mapfre Insurance Company Inc.
14.15 Ms&Ad Insurance Group Holdings, Inc
14.16 Munich Reinsurance Company
14.17 Ping An Insurance Company Of China, Ltd.
14.18 Prudential Financial Inc.
14.19 Saga Plc
14.20 Seven Corners Inc.
14.21 Travelex Insurance Services
14.22 Travelsafe Insurance
14.23 USI Insurance Services
14.24 Zurich Insurance Co. Limited

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/6ld250

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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The Worldwide Travel Vaccines Industry is Expected to Reach $10.7 Billion by 2027 – ResearchAndMarkets.com – WV News

Posted on April 11, 2022 | by getsetntravel | Leave a Comment

The Worldwide Travel Vaccines Industry is Expected to Reach $10.7 Billion by 2027 – ResearchAndMarkets.com WV News

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Worldwide Travel Vaccines Industry to 2027 – Featuring Sanofi Pasteur, Novartis and Pfizer Among Others – ResearchAndMarkets.com

Posted on February 25, 2022 | by getsetntravel | Leave a Comment

DUBLIN–(BUSINESS WIRE)–The “Travel Vaccines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

The global travel vaccines market reached a value of US$ 3.2 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 6.6 Billion by 2027, exhibiting a CAGR of 11.1% during 2022-2027.

Companies Mentioned

GlaxoSmithKline Pharmaceuticals Limited

Sanofi Pasteur

Merck & Co., Inc.

Novartis AG

Pfizer Inc.

ALK-Abello A/S

Bavarian Nordic A/S

Crucell (Subsidiary of Johnson & Johnson)

CSL Limited

AstraZeneca PLC

Altimmune, Inc.

Abbott Laboratories

Hoffmann-La Roche, Inc.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Travel vaccines, also known as travel immunizations, are vaccines travelers can get before they visit certain regions across the globe which help protect them from serious diseases. Travel vaccines work by exposing the body to a microorganism or parts of the microorganism of the disease it will protect against. The body responds to the vaccination by making antibodies that will protect it against a situation where there is an exposure to the disease in the future. The number of international tourist arrivals worldwide increased from 1.0 Billion in 2012 to nearly 1.4 Billion in 2018.

A significant number of these travelers journey from developed countries to regions with endemic diseases. As more people travel to countries with endemic diseases, the demand for vaccines will continue to increase. Moreover, regulatory authorities across the globe have also mandated that travelers should be vaccinated before traveling to disease-prone regions. As a result, travel vaccines have now become an essential requirement in an international travelers list.

For instance, the Ministry of Health in the Kingdom of Saudi Arabia requires that all travelers arriving for Hajj and Umrah from countries or areas at risk of diseases such as yellow fever, Meningococcal meningitis and Poliomyelitis must present a valid vaccination certificate. Other factors driving the demand for travel vaccines include increasing awareness levels, technological advancements and increasing incidence of life-threatening infectious diseases.

Key Questions Answered in this Report

1. What was the global travel vaccines market size in 2021?

2. What will be the travel vaccines market outlook during the forecast period (2022-2027)?

3. What are the global travel vaccines market drivers?

4. What are the major trends in the global travel vaccines market?

5. What is the impact of COVID-19 on the global travel vaccines market?

6. What is the global travel vaccines market breakup by composition?

7. What is the global travel vaccines market breakup by disease?

8. What are the major regions in the global travel vaccines market?

9. Who are the leading travel vaccines market players?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Travel Vaccines Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Composition

5.5 Market Breakup by Disease

5.6 Market Breakup by Region

5.7 Market Forecast

6 Market Breakup by Composition

7 Market Breakup by Disease

8 Market Breakup by Region

9 Global Travel Vaccines Industry: SWOT Analysis

10 Global Travel Vaccines Industry: Value Chain Analysis

11 Global Travel Vaccines Industry: Porters Five Forces Analysis

12 Global Travel Vaccines Industry: Price Analysis

13 Travel Vaccines Manufacturing Process

13.1 Product Overview

13.2 Raw Material Requirements

13.3 Manufacturing Process

13.4 Key Success and Risk Factors

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/n0y7s8

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World’s first space hotel Voyager Station scheduled to open in 2027

Posted on March 5, 2021 | by getsetntravel | Leave a Comment

(CNN) — If you’re daydreaming of future travels while stuck at home during the pandemic, why fantasize about the beaches of Bali or the canals of Venice when vacationing in space could be in your future?

Back in 2019, Californian company the Gateway Foundation released plans for a cruise ship-style hotel that could one day float above the Earth’s atmosphere.

Then called the Von Braun Station, this futuristic concept — comprised of 24 modules connected by elevator shafts that make up a rotating wheel orbiting the Earth — was scheduled to be fully operational by 2027.

Fast forward a couple years and the hotel has a new name — Voyager Station — and it’s set to be built by Orbital Assembly Corporation, a new construction company run by former pilot John Blincow, who also heads up the Gateway Foundation.

In a recent interview with CNN Travel, Blincow explained there had been some Covid-related delays, but construction on the space hotel is expected to begin in 2026, and a sojourn in space could be a reality by 2027.

“We’re trying to make the public realize that this golden age of space travel is just around the corner. It’s coming. It’s coming fast,” said Blincow.

A hotel like no other

Space tourism is viewed as travel’s next frontier.

Orbital Assembly Corporation

Renderings of what the hotel might look like suggest an interior not dissimilar to a luxury Earth-bound hotel, just with some pretty specatcular out-of-this-world views.

When the initial designs premiered a couple years ago, Tim Alatorre, senior design architect at Orbital Assembly Corporation told CNN Travel the hotel’s aesthetic was a direct response to the Stanley Kubrick movie “2001: A Space Odyssey” — which he called “almost a blueprint of what not to do.”

“I think the goal of Stanley Kubrick was to highlight the divide between technology and humanity and so, purposefully, he made the stations and the ships very sterile and clean and alien.”

Instead, Alatorre and his team want to bring a slice of earth to space via warm suites and chic bars and restaurants. Guests might be in space, but they can still enjoy regular beds and showers.

That’s not to say the hotel will ignore the novelty of being in space altogether. There are plans to serve traditional “space food” — like freeze dried ice cream — in the hotel’s restaurant.

Plus there will be recreational activities on offer that “highlight the fact that you’re able to do things that you can’t do on Earth,” according to Alatorre.

“Because of the weightlessness and the reduced gravity, you’ll be able to jump higher, be able to lift things, be able to run in ways that you can’t on Earth.”

How does it work?

The goal is for Voyager Station to be operational in 2027.

Orbital Assembly Corporation

So how exactly would the physics of a space hotel work?

Alatorre told CNN Travel that the rotating wheel would work to create a simulated gravity.

“The station rotates, pushing the contents of the station out to the perimeter of the station, much in the way that you can spin a bucket of water — the water pushes out into the bucket and stays in place,” he said.

Near the center of the station there’s no artificial gravity, Alatorre explained, but as you move down the outside of the station, the feeling of gravity increases.

This rendering offers a glimpse at what the space hotel could look like.

Orbital Assembly Corporation

The hotel’s original name was chosen because the concept was inspired by 60-year-old designs from Wernher von Braun, an aerospace engineer who pioneered rocket technology, first in Germany and later in the US.

While living in Germany, von Braun was involved in the Nazi rocket development program, so naming the space hotel after him was a controversial choice.

This was partly why the name’s been changed, Blincow told CNN Travel.

“The station is not really about him. It’s based on his design, and we like his contributions towards science and space,” Blincow said. “But you know, Voyager Station is so much more than that. It is the stuff in the future. And we want a name that doesn’t have those attachments to it.”

Space tourism is becoming an increasingly hot topic, and there are several companies trying to make it happen — from Virgin Galactic to Elon Musk’s SpaceX.

SpaceX’s StarShip system could help get Voyager Station off the ground.

For now, the space hotel isn’t advertising a room rate, but expect it to come with a pretty hefty price tag attached.

Virgin Galactic, for example, plans to launch passengers into sub-orbital space at $250,000 per person, per trip.

However the team behind Voyager Station have said they’re hoping to eventually make a stay at the hotel equivalent to “a trip on a cruise or a trip to Disneyland.”

“Starship culture”

While Voyager Station is perhaps the flashiest of Orbital’s designs, it’s actually just one facet of their space ambitions.

The team is also hoping to build research stations, and spark space tourism and commerce opportunities.

“We’re designing the tools and machines right now that can build these structures very quickly,” Blincow told CNN Travel.

The team imagine government or private companies might use modules for training crews “heading to Mars, the Moon and beyond,” as Alatorre outlined at the 2021 live event.

The next stage in getting the Voyager Station off the ground is bringing more investors into the mix, and continuing with tests on the ground.

The eventual goal, as Alatorre put it back in 2019, is “to create a starship culture where people are going to space, and living in space, and working in space and they want to be in space. And we believe that there’s a demand for that.”

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