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  • Published In : Mar 2023
  • Code : CMI5577
  • Pages : 148
  • Formats :
      Excel and PDF
  • Industry : Healthcare IT
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Pet insurance is a form of insurance that is often overlooked by pet owners. It is a healthcare policy for pet that will provide reimbursement for specific health expenses that are covered by the policy. Pet insurance is a form of insurance that pays, partly or in total, for veterinary treatment of the insured person's ill or injured pet.

Market Dynamics:

Growing pet population, increase in adoption of pet insurance, growing awareness regarding pet insurance, rise in prevalence of several diseases among pets, rise in awareness regarding veterinary health, and improving veterinary healthcare infrastructure are major factors expected to propel the growth of the global pet insurance market.

For instance, In April 2021, PTZ Insurance Agency Ltd. and Home Again partnered to provide pet health insurance to pet parents under the Pets Plus Us brand. A natural fit, the partnership leverages both organizations' strengths, and promotes their shared vision of responsible pet ownership and animal welfare focused on pet health and safety.  

Key features of the study:

  • This report provides in-depth analysis of the global pet insurance market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global pet insurance market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Medibank Private Limited, Petplan, Oneplan Insurance, Dotsure.co.za (Hollard), Healthy Paws Pet Insurance LLC, Figo Pet Insurance LLC, Embrace Pet Insurance Agency LLC, Anicom Holdings Inc., Oriental Insurance Company Ltd., MetLife Services and Solutions LLC (PetFirst Healthcare LLC), and Crum & Forster Pet Insurance Group (Hartville Pet Insurance Group), among others.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global pet insurance market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pet insurance market.

Detailed Segmentation:

  • Global Pet Insurance Market, By Policy:
    • Illnesses and Accidents
    • Chronic Conditions
    • Other Policies
  • Global Pet Insurance Market, By Animal:
    • Dogs
    • Cats
    • Other Animals
  • Global Pet Insurance Market, By Provider:
    • Public
    • Private
  • Global Pet Insurance Market, By Geography:
    • North America
    • Europe
    • Asia-Pacific
    • Middle East and Africa
    • South America
  • Company Profiles:
    • Medibank Private Limited
    • Petplan
    • Oneplan Insurance
    • Dotsure.co.za (Hollard)
    • Healthy Paws Pet Insurance LLC
    • Figo Pet Insurance LLC
    • Embrace Pet Insurance Agency LLC
    • Anicom Holdings Inc.
    • Oriental Insurance Company Ltd.
    • MetLife Services and Solutions LLC (PetFirst Healthcare LLC)
    • Crum & Forster Pet Insurance Group (Hartville Pet Insurance Group)

Table of Contents:

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By Policy
      • Market Snapshot, By Animal
      • Market Snapshot, By Provider
      • Market Snapshot, By Geography
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Growing pet population around the world
      • Lack of standardized pet health codes for reimbursement
      • Rise in adoption of pet insurance worldwide
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product launch/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Pet Insurance Market – Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5. Global Pet Insurance Market, By Policy, 2017-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
      • Segment Trends
    • Illnesses and Accidents
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
    • Chronic Conditions
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
    • Other Policies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
  6. Global Pet Insurance Market, By Animal, 2017-2030, (US$ Bn)
    • Dogs
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
      • Segment Trends
    • Cats
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
    • Other Animals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
  7. Global Pet Insurance Market, By Provider, 2017-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
      • Segment Trends
    • Public
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
    • Private
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
  8. Global Pet Insurance Market, By Geography, 2017-2030, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 – 2030
      • Segment Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
    • Middle East and Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
    • Rest of World
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
  9. Competitive Landscape
    • Medibank Private Limited
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Petplan
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Oneplan Insurance
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Dotsure.co.za (Hollard)
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Healthy Paws Pet Insurance LLC
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Figo Pet Insurance LLC
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Embrace Pet Insurance Agency LLC
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Anicom Holdings Inc.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Oriental Insurance Company Ltd.
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • MetLife Services and Solutions LLC (PetFirst Healthcare LLC)
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Crum & Forster Pet Insurance Group (Hartville Pet Insurance Group)
      • Company Highlights
      • Product Portfolio
      • Key Developments
      • Financial Performance
      • Strategies
    • Analyst Views
  10. Section
    • Research Methodology
    • About us

*Browse 24 market data tables and 28 figures on "Global Pet Insurance Market” - forecast to 2030

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