Pet Insurance Market Research Reports & Industry Analysis
Pet health insurance is a niche insurance product designed to help cover the veterinary expenses of dogs and cats, with some policies also covering other types of small companion animals. Because pets are legally considered to be the property of their owners, pet insurance is not, technically speaking, a health product like human insurance, but rather falls under the Property and Casualty insurance classification.
The range of coverage offered by pet insurance policies can vary widely by provider and type of plan, with most companies offering at least three levels of coverage, often distinguished by such names as “Basic” and “Premium.” Most providers cover most types of illness, injuries and accidents, hospitalization and surgery, and prescription medications, although deductible levels, premiums, and reimbursement caps often vary, and coverage may also be limited according to pet age, breed and medical condition.
MarketResearch.com’s research content on pet insurance focuses on the leading markets globally—the U.S., Canada, and the U.K.—by publishers including Finaccord, Freedonia, IBISWorld, Mintel, Packaged Facts, and Timetric.
Pet Insurance Industry Research & Market Reports
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Pet Insurance Market by Insurance Type (Lifetime Policies, Maximum Benefit Policies, Time-Limited Policies), Coverage (Accident & Illness, Accidents Only), Animal, Provider, End-User - Global Forecast 2024-2030
... USD 8.39 billion in 2023 and expected to reach USD 9.10 billion in 2024, at a CAGR 8.61% to reach USD 14.96 billion by 2030. Global Pet Insurance Market Pet insurance is a form of ... Read More
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Global Pet Health Insurance Service Market Research Report 2024(Status and Outlook)
... USD 4866.47 million in 2023 and is projected to reach USD 6942.35 million by 2029, exhibiting a CAGR of 6.10% during the forecast period. This report provides a deep insight into the global Pet Health ... Read More
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Global Pet Insurance Service Market Research Report 2024(Status and Outlook)
... 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. ... Read More
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Global Pet Insurance Market Research Report 2024(Status and Outlook)
... 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 ... Read More
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Pet Insurance Global Market Report 2024
... Animal Friends Insurance Ltd.; Figo Pet Insurance LLC Pet Insurance Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market. ... Read More
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Pet Services: United States
... to 2022. Total demand is segmented by category in terms of: grooming; pet insurance; boarding/daycare; training; pet sitting/walking; and other services such as end-of-life and waste management. This report focuses on non-medical pet services for ... Read More
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Pet Services in the US, 2nd Edition
... emerging areas such as end-of-life services and waste retrieval services also discussed. Report coverage also includes pet insurance as a financial service – and a key category for market growth. The COVID-19 pandemic exacted a ... Read More
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Pet Insurance Market Report by Policy (Illnesses and Accidents, Chronic Conditions, and Others), Animal (Dogs, Cats, and Others), Provider (Public, Private), and Region 2023-2028
... in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.2 Billion by 2028, exhibiting a growth rate (CAGR) of 12.25% during 2022-2028. The rising pet healthcare costs, increasing pet ownership rates, and ... Read More
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Pet Insurance in the US - Industry Market Research Report
... years, industry revenue has been growing at an average annualized 16.5% to $3.2 billion, including an estimated 8.9% drop in 2023 alone, when profit margins will grow to an estimated 7.7%. This industry underwrites insurance ... Read More
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Veterinary Services in the US: Competing for the Pet Care Customer, 4th Edition
... trends and opportunities in pet medications, pet food, and pet supplements as key components of veterinary sector competition for the pet care dollar. Wide-ranging macro-economic, retail, and generational trends have converged to re-shape the veterinary ... Read More
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Pet Insurance Market Outlook to 2030- Forecasts of Market Size, Share, Companies, Countries, Trends, Opportunities, and Industry Developments Report
... register an optimistic growth between 2024 and 2030. Robust demand from end-user industries, widening applications, and investments in new technologies support the long-term market growth potential. The late-2023 edition- “Pet Insurance Market Outlook to 2030- ... Read More
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United Kingdom (UK) Pet Insurance Market Dynamics, Trends and Opportunities
... looking at the broader pet market and upcoming regulatory changes. Incumbent competitors are analyzed and compared, alongside relevant newcomers and insurtechs. In addition, the report examines future impactors in the market, including inflation and emerging ... Read More
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Pet Insurance Market by Product (Accident & Illness, Accidents), Animal (Cats, Dogs), End-user - Global Forecast 2023-2030
... USD 6.06 billion in 2023, at a CAGR 8.67% to reach USD 10.91 billion by 2030. Market Segmentation & Coverage: This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category ... Read More
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United Kingdom (UK) Personal Insurance Claims Market by Private Motor Insurance, Household Insurance, Travel Insurance and Pet Insurance 2023
... to supply-side issues drives up repair, rebuild, and replacement costs, gross claims incurred in all four personal lines are expected to grow in 2023. This inflation has raised costs for insurers, but at the same ... Read More
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Europe Pet Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)
... 4.85 billion by 2028, at a CAGR of 9.36% during the forecast period (2023-2028). Pet insurance scheme covers veterinary expenses incurred for the treatment of a pet who has endured an injury or is sick. ... Read More
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Global Pet Travel Insurance Market Growth (Status and Outlook) 2023-2029
... demand in downstream market and recovery from influence of COVID-19 and the Russia-Ukraine War, the Pet Travel Insurance is forecast to a readjusted size of US$ million by 2029 with a CAGR of % during ... Read More
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Global Pet Insurance Plan Services Supply, Demand and Key Producers, 2023-2029
... CAGR during the forecast period (2023-2029). This report studies the global Pet Insurance Plan Services demand, key companies, and key regions. This report is a detailed and comprehensive analysis of the world market for Pet ... Read More
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Global Pet Insurance for Cats Market 2023 by Company, Regions, Type and Application, Forecast to 2029
... at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered ... Read More
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Global Multi-pet Insurance Supply, Demand and Key Producers, 2023-2029
... period (2023-2029). Multi-pet insurance is a type of insurance policy that covers multiple pets under one policy. This type of insurance is becoming increasingly popular among pet owners who have more than one pet. The ... Read More
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Global Pet Insurance for Cats Supply, Demand and Key Producers, 2023-2029
... CAGR during the forecast period (2023-2029). This report studies the global Pet Insurance for Cats demand, key companies, and key regions. This report is a detailed and comprehensive analysis of the world market for Pet ... Read More
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Global Pet Insurance Plan Services Market 2023 by Company, Regions, Type and Application, Forecast to 2029
... at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered ... Read More
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Global Multi-pet Insurance Market 2023 by Company, Regions, Type and Application, Forecast to 2029
... 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. ... Read More
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Global Pet Whole Life Insurance Plan Service Supply, Demand and Key Producers, 2023-2029
... market growth of % CAGR during the forecast period (2023-2029). This report studies the global Pet Whole Life Insurance Plan Service demand, key companies, and key regions. This report is a detailed and comprehensive analysis ... Read More
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Global Pet Whole Life Insurance Plan Service Market Growth (Status and Outlook) 2023-2029
... million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029. United States market for Pet Whole Life Insurance Plan Service is estimated to increase from US$ million in ... Read More
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2023 Global Forecast for Pet Insurance Market (2024-2029 Outlook)-High Tech & Emerging Markets Report
... product or service category is within the NAICS Medical Device Mfg. industry. The product or service category is within the NAICS Medical Device Mfg. industry. The global market is expected to increase from USD xx ... Read More
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