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 in the US - Industry Market Research Report
... industry revenue has been growing at an average annualized 16.5% to $3.2 billion, including an estimated 8.9% drop in 2023 alone, when profit margins will grow to an estimated 7.7%. This industry underwrites insurance policies ... Read More
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Global Pet Health and Medical Insurance Market Growth (Status and Outlook) 2024-2030
... 2023. With growing demand in downstream market, the Pet Health and Medical Insurance is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period. The research report ... Read More
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Pet Services in the US, 3rd Edition
... areas such as waste retrieval, travel, and end-of-life services also discussed. Report coverage also includes pet insurance as a financial service and key category for market growth. Pet insurance remains the standout performer, surging from ... Read More
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Global Pet Health Care Plan Market Growth (Status and Outlook) 2024-2030
... With growing demand in downstream market, the Pet Health Care Plan is forecast to a readjusted size of US$ 524.5 million by 2030 with a CAGR of 8.1% during review period. The research report highlights ... Read More
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Pet Insurance in the UK - Industry Market Research Report
... owners to take out cover for their pets against accidents and injuries. According to ABI, industry firms underwrite insurance policies, with over 95% of insurance policies for cats and dogs. Industry revenue has expanded due ... Read More
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Pet Insurance
... at a CAGR of 14.3% over the analysis period 2023-2030. Accident & Illness Coverage Type, one of the segments analyzed in the report, is expected to record a 14.5% CAGR and reach US$28.3 Billion by ... Read More
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Pet Life Insurance Global Market Insights 2024, Analysis and Forecast to 2029, by Market Participants, Regions, Technology, Application
... CAGR from 2019 to 2023, and also forecasts its market size to the end of 2029 and its CAGR from 2024 to 2029. For geography segment, regional supply, demand, major players, price is presented from ... Read More
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Pet Insurance Market Report by Policy (Illnesses and Accidents, Chronic Conditions, and Others), Animal (Dogs, Cats, and Others), Provider (Public, Private), and Region 2024-2032
... 2023. Looking forward, IMARC Group expects the market to reach US$ 20.8 Billion by 2032, exhibiting a growth rate (CAGR) of 10.9% during 2024-2032. The market is experiencing steady growth driven by increased awareness of ... Read More
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Europe Pet Insurance Market Size, Share & Trends Analysis Report By Animal Type (Dogs, Cats), By Coverage Type (Accidents & Illness), By Sales Channel (Agency, Broker), By Country, And Segment Forecasts, 2024 - 2030
... Pet Insurance Market Growth & Trends The Europe pet insurance market size is expected to reach USD 17.84 billion by 2030 and is projected to grow at a CAGR of 15.2% from 2024 to 2030, ... Read More
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Global Lifetime Pet Insurance Market Research Report 2024(Status and Outlook)
... by 2029, exhibiting a CAGR of 4.70% during the forecast period. This report provides a deep insight into the global Lifetime Pet Insurance market covering all its essential aspects. This ranges from a macro overview ... Read More
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Pet Insurance Market Report: Trends, Forecast and Competitive Analysis to 2030
... markets. The global pet insurance market is expected to grow with a CAGR of 18.0% from 2024 to 2030. The major drivers for this market are significantly growing pet pollution, increasing awareness towards pet insurance ... Read More
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Global Pet Health Plan Services Market Growth (Status and Outlook) 2024-2030
... growing demand in downstream market, the Pet Health Plan Services is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period. The research report highlights the growth ... Read More
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Global Pet Insurance Plan Services Market Growth (Status and Outlook) 2024-2030
... growing demand in downstream market, the Pet Insurance Plan Services is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period. The research report highlights the growth ... Read More
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Global Pet Insurance for Dogs and Cats Industry Trends Analysis Report 2024, Forecast to 2032 (Broken Down by Type, End User, Regional Analysis, and Competitive Landscape)
... research report provides a comprehensive overview by conducting both qualitative and quantitative analysis of the market, sharing concrete numbers and thorough insights from different market segments. The quantitative analysis includes both historical and forecast data ... Read More
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Global Pet Whole Life Insurance Plan Service Market Growth (Status and Outlook) 2024-2030
... million in 2023. With growing demand in downstream market, the Pet Whole Life Insurance Plan Service is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period. ... Read More
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Global Pet Insurance for Cats Market Growth (Status and Outlook) 2024-2030
... growing demand in downstream market, the Pet Insurance for Cats is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period. The research report highlights the growth ... Read More
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Global Multi-pet Insurance Market Growth (Status and Outlook) 2024-2030
... market, the Multi-pet Insurance is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period. The research report highlights the growth potential of the global Multi-pet Insurance ... Read More
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Global Pet Insurance Market 2024-2028
... on the pet insurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the ... Read More
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Pet Insurance Market Assessment, By Coverage Type [Accident and Illness, Accident Only, Surgery Expenses Cover, Hospitalization Expenses Cover, Others], By Insurer Type [Public, Private], By Pet Type [Dogs, Cats, Others], By Policy Tenure [Short-term, Long-term, Life Cover], By End-users [Individuals, Commercial], By Sales Channel [Agency, Broker, Direct, Bancassurance, Others], By Region, Opportunities and Forecast, 2017-2031F
... Life Cover], By End-users [Individuals, Commercial], By Sales Channel [Agency, Broker, Direct, Bancassurance, Others], By Region, Opportunities and Forecast, 2017-2031F Global pet insurance market is projected to witness a CAGR of 11.81% during the forecast ... Read More
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Pet Insurance in the UK - Industry Market Research Report
... owners to take out cover for their pets against accidents and injuries. According to ABI, industry firms underwrite insurance policies, with over 95% of insurance policies for cats and dogs. Industry revenue has expanded due ... Read More
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UK Insurance Aggregators 2024
... brand strategies and marketing approaches of the four leading sites. It also compares quotes provided by the leading aggregators for selected risk profiles across the key life and non-life insurance lines. Motor and home insurance ... Read More
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Global Pet Insurance Competitive Landscape Professional Research Report 2024
... various plans, such as accident-only coverage, illness coverage, or comprehensive plans that also cover routine care, vaccinations, or preventive treatments. Pet insurance helps offset the financial burden of unexpected veterinary bills due to accidents, illnesses, ... Read More
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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
... 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. Pet insurance is a form of insurance policy to help pet ... Read More
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Pet Insurance Market (Global): Analysis By Animal (Dog, Cat, and Other), By Policy Coverage (Accident and Illness, Accident Only, and Other), By Provider (Private and Public), By Sales Channel (Direct, Agency, Broker, Bancassurance, and Other), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2029
... By Region Size and Trends with Impact of COVID-19 and Forecast up to 2029 - Report Summary Report Metrics Details Years Considered 2019-2029 Base Year 2023 Forecast Period 2024-2029 Page Count 1755 Units Referenced US ... Read More
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Europe Pet Insurance Market Size- By Insurance Type, By Policy Type, By Animal Type, By Provider, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
... According to SPER market research, ‘Europe Pet Insurance Market Size – By Insurance Type, By Policy Type, By Animal Type, By Provider, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ ... Read More
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