Pet Insurance Market Major Players: Petplan UK (Allianz),Nationwide,Trupanion,Petplan NorthAmerica(Allianz),Hartville Group,Pethealth,Petfirst

Industry Highlights

Pet insurance is meant to cover the unforeseen veterinary care costs, including veterinary services such as accidental injuries, surgical procedures, and prescribed veterinary medicines. Some pet insurance plans even cover vaccinations, heartworm testing, and spaying/neutering. Basic coverage provided by pet insurance providers are diagnostic tests, treatment, and surgeries. As in the case for health insurance for us, pet insurance plans exclude any pre-existing disease or injury or disorder from its coverage. Further, routine dental cleaning, particular hereditary and congenital conditions, and preventative flea or parasite treatments are also not covered by pet insurance plans.

Nevertheless, despite so many exclusions, pet insurance market is soaring since veterinary care is typically expensive and many pet owners cannot afford it. One can claim almost 90.0% of the veterinary bill through pet insurance plans. Apart from that, rising pet diseases or injuries are also serving to boost the market. As per veterinary records, one in every three pets require urgent veterinary care every year.

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Market Top Player’s

• Petplan UK (Allianz)
• Nationwide
• Trupanion
• Petplan NorthAmerica(Allianz)
• Hartville Group
• Pethealth
• Petfirst
• Embrace
• Royal & Sun Alliance (RSA)
• Direct Line Group
• Agria
• Petsecure
• PetSure
• Anicom Holding
• ipet Insurance
• Japan Animal Club

The study objectives of this report are:

• To study and forecast the market size of Pet Insurance in global market.
• To analyze the global key players, SWOT analysis, value and global market share for top players.
• To define, describe and forecast the market by type, end use and region.
• To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
• To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Market Segments

Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
Market segment by Type, the product can be split into
• Lifetime Cover
• Non-lifetime Cover
• Accident-only
• Others
Market segment by Application, split into
• Dog
• Cat

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This release was published on openPR.