Latest research report on “Pet Insurance Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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This report studies the Pet Insurance market, Pet insurance is a type of specialty property and casualty insurance policy that pet owners purchase to cover the unintended costs that arise in providing care for a pet, including veterinary services such as surgical procedures, injuries from accidents, and prescribed pet medicines. Pet insurance is purely a reimbursement program. A form of property and casualty insurance, pet insurance provides reimbursement to the owner after the pet has received required care and the owner submits a claim to the insurance company.
This report contains market size and forecasts of Pet Insurance in Global, including the following market information:
Global Pet Insurance Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Pet Insurance market was valued at 5588.4 million in 2021 and is projected to reach US$ 13080 million by 2028, at a CAGR of 12.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Lifetime Cover Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Pet Insurance include Petplan UK (Allianz), Nationwide, Trupanion, Petplan NorthAmerica(Allianz), Hartville Group, Pethealth, Petfirst, Embrace and Royal & Sun Alliance (RSA), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Pet Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Pet Insurance Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Pet Insurance Market Segment Percentages, by Type, 2021 (%)
– Lifetime Cover
– Non-lifetime Cover
– Accident-only
– Other
Global Pet Insurance Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Pet Insurance Market Segment Percentages, by Application, 2021 (%)
– Dog
– Cat
– Other
Global Pet Insurance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Pet Insurance Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Pet Insurance revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Pet Insurance revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Petplan UK (Allianz)
– Nationwide
– Trupanion
– Petplan NorthAmerica(Allianz)
– Hartville Group
– Pethealth
– Petfirst
– Embrace
– Royal & Sun Alliance (RSA)
– Direct Line Group
– Agria
– Petsecure
– PetSure
– Anicom Holding
– ipet Insurance
– Japan Animal Club
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