Pet Insurance Market 2020 | Industry Analysis by Size, Share, Growth Factors, Trends 2026

The global pet insurance market size is projected to reach USD 11.25 billion by 2026. The increasing pet adoption in leading countries across the world will have a direct impact on the growth of the market. According to a report published by Fortune Business Insights, titled "Pet Insurance Market Size, Share & Industry Analysis, By Policy Coverage Type (Accident & Illness, Accident Only, Others), By Animal Type (Dog, Cat, Others), By Provider (Public, Private) and Regional Forecast, 2019-2026," the market was worth USD 6.05 billion in 2018. Driven by flexibility in product offerings, the market will exhibit a CAGR of 8.0% during the forecast period, 2019-2026.

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Highlights of the Report:

o In-depth analysis of various insights, namely, Pet Insurance Market trends, growth drivers, opportunities, and other related challenges.
o Comprehensive details of key market players, their core competencies, and Pet Insurance Market share.
o The potency of suppliers and buyers to make better business decisions.
o Lists out the market size in terms of volume.

Key Players Operating in The Pet Insurance Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o Trupanion
o Anicom Holdings
o Nationwide Mutual Insurance Company
o ASPCA
o Healthy Paws Pet Insurance, LLC.
o Embrace Pet Insurance Agency, LLC
o Figo Pet Insurance LLC.
o Agria Pet Insurance Ltd
o 24PetWatch
o Pets Best Insurance Services, LLC.

Europe to Emerge Dominant; Influx of Start-ups to Aid Growth

The report analyzes the ongoing pet insurance market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in Europe generated the highest market revenue in 2018. Europe is projected to dominate the market in the coming years driven by the increasing number of start-ups in several countries across this region. The increasing number of government initiatives to promote animal wellness and health, coupled with encouragement for pet adoption, will aid the growth of the market in this region. Besides Europe, the market in North America will exhibit considerable CAGR. As of 2018, the market in North America was worth USD 1.42 billion and this value is likely to increase further in the coming years.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/pet-insurance-market-101956

Detailed Table of Content:

1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Pricing Analysis of Top Insurers, by Animal Type
4.2. Pet Adoption Statistics, Across Major Countries
4.3. Key Merger And Acquisition Strategies by Top Players
4.4. New Product Launch
5. Global Pet Insurance Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast - By Policy Coverage Type
5.2.1. Accident & Illness
5.2.2. Accident Only
5.2.3. Others
5.3. Market Analysis, Insights and Forecast - By Animal Type
5.3.1. Cat
5.3.2. Dog
5.3.3. Others
5.4. Market Analysis, Insights and Forecast - By Provider
5.4.1. Public
5.4.2. Private
5.5. Market Analysis, Insights and Forecast - By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Latin America
5.5.5. Middle East & Africa
6. North America Pet Insurance Market Analysis, Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Market Analysis - By Policy Coverage Type
6.2.1. Accident & Illness
6.2.2. Accident Only
6.2.3. Others
6.3. Market Analysis - By Animal Type
6.3.1. Cat
6.3.2. Dog
6.3.3. Others
6.4. Market Analysis - By Provider
6.4.1. Public
6.4.2. Private
6.5. Market Analysis - By Country
6.5.1. U.S.
6.5.2. Canada
Continued...

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Report Focus:

o Extensive product offerings
o Customer research services
o Robust research methodology
o Comprehensive reports
o Latest technological developments
o Value chain analysis
o Potential Pet Insurance Market opportunities
o Growth dynamics
o Quality assurance
o Post-sales support
o Regular report updates

Reasons to Purchase this Report:

o Comprehensive analysis of the Pet Insurance Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.

KEY QUESTIONS ANSWERED:

o What is the market size and growth rate of the global and regional market by various segments?
o What is the market size and growth rate of the market for selective countries?
o Which region or sub-segment is expected to drive the market in the forecast period?
o What Factors are estimated to drive and restrain the Pet Insurance Market growth?
o What are the key technological and market trends shaping the market?
o What are the key opportunities in the market?
o What are the key companies operating in the market?
o Which company accounted for the highest market share?

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