Market Executive Summary

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.

The global Pet Insurance market size was US$ 5431.2 million in 2023 and is forecast to a readjusted size of US$ 13310 million by 2030 with a CAGR of 13.5% during the forecast period 2024-2030. Fully considering the economic change by this health crisis, Lifetime Cover accounting for % of the Pet Insurance global market in 2023, is projected to value US$ million by 2030, growing at a revised ?GR from 2024 to 2030. While Dog segment is altered to an ?GR throughout this forecast period.

The main market for pet insurance is Europe with about 55%, followed by North America with about 25%.

Major players include Petplan UK (Allianz), Agria, Royal & Sun Alliance (RSA), Nationwide, Trupanion, etc. The top three players account for about 40% of the whole market.

The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Pet Insurance market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Pet Insurance market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Pet Insurance market. Readers of the report can become informed about current and future trends of the global Pet Insurance market and how they will impact market growth during the forecast period.

Market Segmentation

Global Pet Insurance Companies Covered

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

Global Pet Insurance Market, Segment by Type

Lifetime Cover

Non-lifetime Cover

Accident-only

Other

Global Pet Insurance Market, Segment by Application

Dog

Cat

Other

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc.), including the market size of each market segment, future development potential, and so on.

Chapter 2: Revenue of Pet Insurance in global and regional level.

Chapter 3: Detailed analysis of Pet Insurance companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: North America (US & Canada) by type, by application and by country, revenue for each segment.

Chapter 7: Europe by type, by application and by country, revenue for each segment.

Chapter 8: Asia Pacific by type, by application and by region, revenue for each segment.

Chapter 9: Latin America by type, by application and by country, revenue for each segment.

Chapter 10: Middle East and Africa, by type, by application and by country, revenue for each segment.

Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Pet Insurance revenue, gross margin, and recent development, etc.

Chapter 12: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.