Pet Insurance Market PDF: Size, Share, Trends, Analysis, Growth & Forecast

1. Global Pet Insurance Market Research and Forecast Report 2022-2027 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Pet Insurance Market Research Report: According to the latest report by IMARC Group, titled "Pet Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global pet insurance market reached a value of US$ 6.2 Billion in 2021. Pet insurance provides reimbursement against the costs incurred in veterinary bills. It is usually denoted by a policy that is generally used to compensate against pet treatment expenditures. It offers complete or partial coverage in order to safeguard pet owners against the high costs associated with the treatment of various diseases, deaths, surgeries, hospitalization and accidents. As a result, it allows individuals to seek aid from premium veterinary professionals and healthcare services in a cost-efficient manner. Additionally, due to the rising awareness regarding the numerous benefits of pet insurance services among pet owners, they are gaining widespread prominence across the globe. Request Free Sample Report: https://www.imarcgroup.com/pet-insurance-market/requestsample

4. Report Description and Highlights Report Description Global Pet Insurance Market Trends : The global market is primarily driven by the increasing trend of pet humanization among the masses. Moreover, the rising incidences of accidental injuries and several acute diseases among pets are also contributing to the market growth. This is further supported by the increasing prevalence of cancer among pets that requires extensive medical care. The advent of online insurance solutions and increasing government initiatives regarding pet insurance regulations are providing a boost to the market growth. Additionally, various technological advancements in the diagnostics field are positively influencing the market growth. Other factors, including the rising need for financial security in case of contingent liabilities and uncertain situations and the increasing number of veterinary diagnostic centers, are further contributing to the market growth across the globe. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 12.56 Billion by 2027, growing at a CAGR of 12.50% during 2022-2027.

5. Report Description and Highlights Report Description Market Summary: Breakup by Policy: •Illnesses and Accidents •Chronic Conditions •Others Breakup by Animal: •Dog •Cat •Others Breakup by Provider: •Public •Private

6. Report Description Report Description and Highlights Breakup by Region: •North America • United States • Canada •Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others •Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others

7. Report Description Report Description and Highlights •Latin America • • • • • • • •Middle East and Africa Turkey •Saudi Arabia •Iran •United Arab Emirates •Others Brazil Mexico Argentina Columbia Chile Peru Others

8. Report Description Report Description and Highlights Competitive Landscape with Key Players: • Agria Pet Insurance Ltd. • Anicom Holdings Inc. • Direct Line Insurance Group plc • dotsure.co.za • Embrace Pet Insurance Agency LLC • Figo Pet Insurance LLC • Hartville Group • Healthy Paws Pet Insurance LLC • Medibank Private Limited • MetLife Services and Solutions LLC • Nationwide Mutual Insurance Company • Pethealth Inc. • Petplan (Allianz Insurance plc) • The Oriental Insurance Company Ltd. • Trupanion. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/pet-insurance-market

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