Press release
Pet Insurance Market to Grow at a CAGR of 14.4% – Global Size, Key Players (Hartville Group, Pethealth, Petfirst, Embrace, Nationwide) Share, Demand, Analysis and Forecast to 2023
Global Pet Insurance Market 2018-2023
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This report studies the Pet Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Pet Insurance market by product type and applications/end industries.
Pet insurance is a type of specialty property and casualty insurance policy that pet owners purchase to cover the unintended costs that arise in providing care for a pet, including veterinary services such as surgical procedures, injuries from accidents, and prescribed pet medicines. Pet insurance is purely a reimbursement program. A form of property and casualty insurance, pet insurance provides reimbursement to the owner after the pet has received required care and the owner submits a claim to the insurance company.
There are four types of pet insurance: Lifetime Cover, Non-lifetime Cover, Accident-only and other. Lifetime Cover is the largest pet insurance and its value is 1775.2 M USD in 2017.Non-lifetime Cover is the next.
The global Pet Insurance market is valued at 3200 million USD in 2017 and is expected to reach 7170 million USD by the end of 2023, growing at a CAGR of 14.4% between 2017 and 2023. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
Global Pet Insurance Industry spreads across 153 pages profiling 18 companies and supported with tables and figures.
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Top Key Companies Analyzed in Global Pet Insurance Market are –
Petplan UK (Allianz)
Nationwide
Trupanion
Petplan NorthAmerica(Allianz)
Hartville Group
Pethealth
Petfirst
…
Market Segment by Type, covers:
Lifetime Cover
Non-lifetime Cover
Accident-only
Other
Market Segment by Applications, can be divided into:
Dog
Cat
Other
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North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Pet Insurance. Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
There are 14 Chapters to deeply display the Global Pet Insurance Market -
1 Pet Insurance Market Overview
2 Manufacturers Profiles
3 Global Pet Insurance Market Competition, By Players
4 Global Pet Insurance Market Size By Regions
5 North America Pet Insurance Revenue By Countries
6 Europe Pet Insurance Revenue By Countries
7 Asia-Pacific Pet Insurance Revenue By Countries
8 South America Pet Insurance Revenue By Countries
9 Middle East And Africa Revenue Pet Insurance By Countries
10 Global Pet Insurance Market Segment By Type
11 Global Pet Insurance Market Segment By Application
12 Global Pet Insurance Market Size Forecast (2018-2023)
13 Research Findings And Conclusion
14 Appendix
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