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Pet Insurance Market

Pet Insurance Market Research Report – Segmented By End User (CAT, DOG, EXOTIC PET, HORSE, OTHERS), Policy Type (LIFETIME COVER, NON-LIFETIME COVER) & Region (North America, Europe, APAC, Latin America, Middle East and Africa) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2017 to 2026.


01

Executive Summary

Pet Insurance Market from Consainsights analyses the Pet Insurance Market in the Financial Services industry over the forecast period to 2026.

Pet Insurance research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Pet Insurance segmentation includes End User, Policy Type and Geography.

All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the End User, the Pet Insurance Market analysis covers CAT, DOG, EXOTIC PET, HORSE, OTHERS.

Based on the Policy Type, the Pet Insurance Market analysis covers LIFETIME COVER, NON-LIFETIME COVER.

Key companies operating in the market include PETPLAN LIMITED, TRUPANION, INC., NATIONWIDE MUTUAL INSURANCE COMPANY., HARTVILLE GROUP INC., PETHEALTH INC., PETFIRST HEALTHCARE LLC, ROYAL & SUN ALLIANCE INSURANCE COMPANY OF CANADA, INC., DIRECT LINE INSURANCE GROUP PLC, PETSECURE and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

  • Revenue Share (%), By End User (2019)
    Revenue Share (%), By End User (2019)
  • Revenue Share (%), By Policy Type (2019)
    Revenue Share (%), By Policy Type (2019)
02

Market Overview

  • The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
  • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
  • The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
  • Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
  • Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
  • As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
  • The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
  • For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
  • For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.
03

By End User

By End User, The Global Pet Insurance Market analysis covers CAT, DOG, EXOTIC PET, HORSE, OTHERS.

Global Pet Insurance Market - Historical, Forecast Market Sizes (Us$ Mn), By End User, 2019-2027
Global Pet Insurance Market - Historical, Forecast Market Sizes (Us$ Mn), By End User, 2019-2027

The CAT segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

CAT: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)
CAT: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)

The DOG segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

DOG: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)
DOG: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)

The EXOTIC PET segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

EXOTIC PET: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)
EXOTIC PET: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)

The HORSE segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

HORSE: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)
HORSE: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)

The OTHERS segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

OTHERS: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)
OTHERS: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)
04

By Policy Type

By Policy Type, The Global Pet Insurance Market analysis covers LIFETIME COVER, NON-LIFETIME COVER.

Global Pet Insurance Market - Historical, Forecast Market Sizes (Us$ Mn), By Policy Type, 2019-2027
Global Pet Insurance Market - Historical, Forecast Market Sizes (Us$ Mn), By Policy Type, 2019-2027

The LIFETIME COVER segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

LIFETIME COVER: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)
LIFETIME COVER: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)

The NON-LIFETIME COVER segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

NON-LIFETIME COVER: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)
NON-LIFETIME COVER: Global Pet Insurance Market Revenue Opportunity (Us$ Mn)
05

North America

Based on the North America, the Pet Insurance Market analysis covers United States, Canada.

North America Map
North America Pet Insurance Market Size, 2019-2027 (Us$ Mn)
North America Pet Insurance Size, 2019-2027 (Us$ Mn)
North America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
North America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
North America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
North America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
United States Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
United States Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
United States Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
United States Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Canada Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Canada Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Canada Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Canada Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
06

Europe

Based on the Europe, the Pet Insurance Market analysis covers Germany, United Kingdom, France, Spain, Russia, Italy, Rest of Europe.

Europe Map
Europe Pet Insurance Market Size, 2019-2027 (Us$ Mn)
Europe Pet Insurance Size, 2019-2027 (Us$ Mn)
Europe Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Europe Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Europe Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Europe Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Germany Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Germany Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Germany Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Germany Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
United Kingdom Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
United Kingdom Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
United Kingdom Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
United Kingdom Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
France Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
France Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
France Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
France Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Spain Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Spain Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Spain Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Spain Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Russia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Russia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Russia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Russia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Italy Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Italy Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Italy Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Italy Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Rest of Europe Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Rest of Europe Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Rest of Europe Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Rest of Europe Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
07

Asia-Pacific

Based on the Asia-Pacific, the Pet Insurance Market analysis covers China, Japan, India, Southeast Asia, Australia & New Zealand, Rest of Asia-Pacific.

Asia-Pacific Map
Asia-Pacific Pet Insurance Market Size, 2019-2027 (Us$ Mn)
Asia-Pacific Pet Insurance Size, 2019-2027 (Us$ Mn)
Asia-Pacific Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Asia-Pacific Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Asia-Pacific Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Asia-Pacific Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
China Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
China Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
China Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
China Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Japan Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Japan Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Japan Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Japan Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
India Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
India Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
India Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
India Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Southeast Asia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Southeast Asia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Southeast Asia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Southeast Asia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Australia & New Zealand Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Australia & New Zealand Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Australia & New Zealand Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Australia & New Zealand Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Rest of Asia-Pacific Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Rest of Asia-Pacific Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Rest of Asia-Pacific Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Rest of Asia-Pacific Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
08

Middle East & Africa

Based on the Middle East & Africa, the Pet Insurance Market analysis covers Middle East, Africa, Rest of Middle East & Africa.

Middle East & Africa Map
Middle East & Africa Pet Insurance Market Size, 2019-2027 (Us$ Mn)
Middle East & Africa Pet Insurance Size, 2019-2027 (Us$ Mn)
Middle East & Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Middle East & Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Middle East & Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Middle East & Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Middle East Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Middle East Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Middle East Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Middle East Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Rest of Middle East & Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Rest of Middle East & Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Rest of Middle East & Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Rest of Middle East & Africa Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
09

Latin America

Based on the Latin America, the Pet Insurance Market analysis covers Brazil, Argentina, Mexico, Colombia, Rest of Latin America.

Latin America Map
Latin America Pet Insurance Market Size, 2019-2027 (Us$ Mn)
Latin America Pet Insurance Size, 2019-2027 (Us$ Mn)
Latin America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Latin America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Latin America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Latin America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Brazil Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Brazil Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Brazil Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Brazil Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Argentina Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Argentina Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Argentina Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Argentina Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Mexico Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Mexico Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Mexico Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Mexico Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Colombia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Colombia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Colombia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Colombia Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Rest of Latin America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Rest of Latin America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By End User, 2019-2027
Rest of Latin America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
Rest of Latin America Pet Insurance Market - Historical, Forecast Market Sizes (US$ MN), By Policy Type, 2019-2027
10

Company Analysis

  • PETPLAN LIMITED
  • TRUPANION, INC.
  • NATIONWIDE MUTUAL INSURANCE COMPANY.
  • HARTVILLE GROUP INC.
  • PETHEALTH INC.
  • PETFIRST HEALTHCARE LLC
  • ROYAL & SUN ALLIANCE INSURANCE COMPANY OF CANADA, INC.
  • DIRECT LINE INSURANCE GROUP PLC
  • PETSECURE