Global Pet Insurance Market Size study & Forecast, by Policy (Illnesses and Accidents, Chronic Conditions, and Other Policies), Animal (Dog, Cat, and Other Animals), Provider (Public and Private) and Regional Analysis, 2022-2029

Global Pet Insurance Market Size study & Forecast, by Policy (Illnesses and Accidents, Chronic Conditions, and Other Policies), Animal (Dog, Cat, and Other Animals), Provider (Public and Private) and Regional Analysis, 2022-2029

Global Pet Insurance Market is valued at approximately USD xx billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.1% over the forecast period 2022-2029. Pet Insurance is a policy that is purchased by the pet owner to cover the costs of expensive veterinary bills of pets. The Pet Insurance market is expanding because of factors such increasing number of pets adoptions and rising awareness regarding pet insurance. This market is dominated by Anicom Holdings Inc., Embrace Healthy Paws Pet Insurance, LLC, Pet Insurance Agency LLC, Hartville Group, Dotsure.co.za, Figo Pet Insurance LLC, and Oneplan.

An increase in pet adoptions is driving the market for pet insurance, and growing concerns of pet owners are driving this market. Many people adopt pets as companions. Most of the time, cats or dogs are the preferred animals to keep as pets. According to 2021-2022 National Pet Owner Survey conducted by the American Pet Products Association (APPA), pet ownership increased from her 67% to 70% of US households. Millennials represent the largest cohort of pet owners at 32%, followed by Baby Boomers (27%) and Generation X (24%). And according to a 2020 report published by dosomething.org, about 7.6 million pets enter US shelters each year. Among them are about 3.9 million dogs and about 3.4 million cats. The rising disease in pet animals is also propelling the growth of this market. As well as many dogs and cats suffer from ticks and fleas cause harmful effects on health. The rate of cancer disease in pets is similar to disease caused by humans. According to the Veterinary Cancer Society reports, June 2020, cancer is the leading cause of death in 47% of dogs worldwide, especially in dogs over the age of 10. In addition, the prevalence of several diseases among dogs and the high prices of treatments is expected to increase the opportunity for this significant market. However, the lack of standardized pet health codes for reimbursement and low adoption in emerging countries stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Pet Insurance Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the region's increasing disease and illness among animals. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising pet adoption, an increase in disease and illness in animals, and active participation of government and nonprofit organizations in the market space. According to China's State Council in 2020, about 73.55 million households had pets, of which 46.1% have dogs and 30.7% have cats in 2019, the proportion of pet dogs was 34.0% and for cats was 20.0%. The increasing adoption of pets is also a major reason for the growth of this segment.

Major market player included in this report are:
Dotsure.co.za
Embrace Pet Insurance Agency LLC
Anicom Holdings Inc.
Hartville Group
Healthy Paws Pet Insurance LLC
Figo Pet Insurance LLC
Petplan
The Oriental Insurance Company Ltd
Oneplan
Metlife Services and Solutions LLC (Petfirst Healthcare LLC)

Recent Developments in the Market:
 In December 2021, Chewy Inc., a leading online website widely known for pet owners and partners, and Trupanion Inc. Japan, is an leader brand in in pet health insurance industry, will expand their special suite of pet health insurance and wellness plans announced a partnership to provide more than 20 million Chewy customers.
 In September 2021, AI-powered insurer Lemonade introduced a new pet health insurance policy for puppies and kittens (Lemonade Pets).

Global Pet Insurance Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Policy, Animal, Provider, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:

By Policy:
Illness and Accident
Chronic Condition
Others Policy

By Animal:
Dog
Cat
Other Animals
By Provider:
Public
Private

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Dotsure.co.za
Embrace Pet Insurance Agency LLC
Anicom Holdings Inc.
Hartville Group
Healthy Paws Pet Insurance LLC
Figo Pet Insurance LLC
Petplan
The Oriental Insurance Company Ltd
Oneplan
Metlife Services and Solutions LLC (Petfirst Healthcare LLC)

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Pet Insurance Market, by Region, 2019-2029 (USD Billion)
1.2.2. Pet Insurance Market, by Policy, 2019-2029 (USD Billion)
1.2.3. Pet Insurance Market, by Animal, 2019-2029 (USD Billion)
1.2.4. Pet Insurance Market, by Provider, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pet Insurance Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pet Insurance Market Dynamics
3.1. Pet Insurance Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing Number of Pet Adoption
3.1.1.2. Rising Awareness Regarding Pet Insurance
3.1.2. Market Challenges
3.1.2.1. Lack of Standardized Pet Health Codes for Reimbursement
3.1.2.2. Low Adoption in Emerging Countries
3.1.3. Market Opportunities
3.1.3.1. Prevalence Of Several Diseases Among Dogs and The High Prices of Treatments
Chapter 4. Global Pet Insurance Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Pet Insurance Market, by Policy
6.1. Market Snapshot
6.2. Global Pet Insurance Market by Policy, Performance - Potential Analysis
6.3. Global Pet Insurance Market Estimates & Forecasts by Policy 2019-2029 (USD Billion)
6.4. Pet Insurance Market, Sub Segment Analysis
6.4.1. Illnesses and Accidents
6.4.2. Chronic Conditions
6.4.3. Other Policies
Chapter 7. Global Pet Insurance Market, by Animal
7.1. Market Snapshot
7.2. Global Pet Insurance Market by Animal, Performance - Potential Analysis
7.3. Global Pet Insurance Market Estimates & Forecasts by Animal 2019-2029 (USD Billion)
7.4. Pet Insurance Market, Sub Segment Analysis
7.4.1. Dog
7.4.2. Cat
7.4.3. Other Animal
Chapter 8. Global Pet Insurance Market, by Provider
8.1. Market Snapshot
8.2. Global Pet Insurance Market by Provider, Performance - Potential Analysis
8.3. Global Pet Insurance Market Estimates & Forecasts by Provider 2019-2029 (USD Billion)
8.4. Pet Insurance Market, Sub Segment Analysis
8.4.1. Public
8.4.2. Private
Chapter 9. Global Pet Insurance Market, Regional Analysis
9.1. Pet Insurance Market, Regional Market Snapshot
9.2. North America Pet Insurance Market
9.2.1. U.S. Pet Insurance Market
9.2.1.1. Policy breakdown estimates & forecasts, 2019-2029
9.2.1.2. Animal breakdown estimates & forecasts, 2019-2029
9.2.1.3. Provider breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Pet Insurance Market
9.3. Europe Pet Insurance Market Snapshot
9.3.1. U.K. Pet Insurance Market
9.3.2. Germany Pet Insurance Market
9.3.3. France Pet Insurance Market
9.3.4. Spain Pet Insurance Market
9.3.5. Italy Pet Insurance Market
9.3.6. Rest of Europe Pet Insurance Market
9.4. Asia-Pacific Pet Insurance Market Snapshot
9.4.1. China Pet Insurance Market
9.4.2. India Pet Insurance Market
9.4.3. Japan Pet Insurance Market
9.4.4. Australia Pet Insurance Market
9.4.5. South Korea Pet Insurance Market
9.4.6. Rest of Asia Pacific Pet Insurance Market
9.5. Latin America Pet Insurance Market Snapshot
9.5.1. Brazil Pet Insurance Market
9.5.2. Mexico Pet Insurance Market
9.5.3. Rest of Latin America Pet Insurance Market
9.6. Rest of The World Pet Insurance Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Dotsure.co.za
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Embrace Pet Insurance Agency LLC
10.2.3. Anicom Holdings Inc.
10.2.4. Hartville Group
10.2.5. Healthy Paws Pet Insurance LLC
10.2.6. Figo Pet Insurance LLC
10.2.7. Petplan
10.2.8. The Oriental Insurance Company Ltd
10.2.9. Oneplan
10.2.10. Metlife Services and Solutions LLC (Petfirst Healthcare LLC)
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
List of Tables
TABLE 1. Global Pet Insurance Market, report scope
TABLE 2. Global Pet Insurance Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Pet Insurance Market estimates & forecasts by Policy 2019-2029 (USD Billion)
TABLE 4. Global Pet Insurance Market estimates & forecasts by Animal 2019-2029 (USD Billion)
TABLE 5. Global Pet Insurance Market estimates & forecasts by Provider 2019-2029 (USD Billion)
TABLE 6. Global Pet Insurance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Pet Insurance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Pet Insurance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Pet Insurance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Pet Insurance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Pet Insurance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Pet Insurance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Pet Insurance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Pet Insurance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Pet Insurance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Pet Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Pet Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Pet Insurance Market
TABLE 71. List of primary sources, used in the study of global Pet Insurance Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIG 1. Global Pet Insurance Market, research methodology
FIG 2. Global Pet Insurance Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Pet Insurance Market, key trends 2021
FIG 5. Global Pet Insurance Market, growth prospects 2022-2029
FIG 6. Global Pet Insurance Market, porters 5 force model
FIG 7. Global Pet Insurance Market, pest analysis
FIG 8. Global Pet Insurance Market, value chain analysis
FIG 9. Global Pet Insurance Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Pet Insurance Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Pet Insurance Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Pet Insurance Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Pet Insurance Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Pet Insurance Market, regional snapshot 2019 & 2029
FIG 15. North America Pet Insurance Market 2019 & 2029 (USD Billion)
FIG 16. Europe Pet Insurance Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Pet Insurance Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Pet Insurance Market 2019 & 2029 (USD Billion)
FIG 19. Global Pet Insurance Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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