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The global body armor and personal protection market primarily consists of five categories including soft armor, hard armor, protective headgear, clothing and boots. The global body armor and personal protection market is estimated to value USD 2.4 billion in 2013. It is also anticipated to increase at a CAGR of 4.58% during 2013 to 2023 and peak at USD 3.7 billion by 2023.

The main growth driver for personal accident and health insurance during 2008 to 2012 was the launch of HIV or AIDS insurance by both health and life insurers, which was purchased by a large number of the country's formerly uninsured population. The personal accident and health insurance segment grew at a CAGR of 10.7% during 2008 to 2012. This robust growth was supported by the country's increasing per capita income levels, GDP growth, favorable insurance reforms, and financial and healthcare service expansions.