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Global Pet Insurance Market

Global Pet Insurance Market size was valued at USD 8.03 billion in 2021 and is poised to grow from USD 9.4 billion in 2022 to USD 33.1 billion by 2030, growing at a CAGR of 17.04% in the forecast period (2023-2030).<br><br>

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Global Pet Insurance Market

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  1. Global Pet Insurance Market Size, Share, Growth Analysis, By Policy Coverage Type, By Animal Type, By Service Type, By Sales Chanel - Industry Forecast 2023-2030 Global Pet Insurance Market size was valued at USD 8.03 billion in 2021 and is poised to grow from USD 9.4 billion in 2022 to USD 33.1 billion by 2030, growing at a CAGR of 17.04% in the forecast period (2023-2030). Some of the major factors driving this market are an increase in the number of pets, the adoption of pet insurance in underserved regions, rising veterinary care costs, initiatives by important companies, and the humanization of pets. According to Trupanion, approximately 800,000 pets were covered by the company's insurance in 2020 spanning important markets in the United States, Canada, and Australia. Pet owners, veterinarians, veterinary clinics, and animal health businesses have all faced challenges due to the COVID-19 pandemic. However, the region quickly began implementing protective measures to guarantee access to veterinary care and other services in response to the pandemic. The hardships caused by the pandemic made pet owners aware of the benefits of obtaining pet

  2. insurance coverage to reduce financial risk. Pet ownership rises in 2020, according to a survey by Petplan, in the U.K. In the market cats and dogs are the two most common pets. Around 26% of pet owners in the UK bought a pet during the recession and around 47% of respondents bought a pet for the first time. View more info:https://www.skyquestt.com/report/pet-insurance- market Top Player’s Company Profiles Trupanion, Inc. Petplan (Allianz) Nationwide Pet Insurance ASPCA Pet Health Insurance Embrace Pet Insurance PetFirst Pet Insurance Healthy Paws Pet Insurance Figo Pet Insurance Lemonade Pet Insurance

  3. Petsecure Pet Health Insurance Pets Best AKC Pet Insurance Prudent Pet Insurance Spot Pet Insurance Hartville Pet Insurance 24PetWatch PetPartners Pumpkin Pet Insurance Ethos Pet Health Oneplan Pet Insurance About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886

  4. Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com

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