MarketResearchNest.com
adds “Global Pet Insurance Market Growth
(Status and Outlook) 2019-2024”new report to its research database.
This report studies the Pet Insurance market, 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.
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.
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According to this study, over the next five years the Pet
Insurance market will register a 14.4% CAGR in terms of revenue, the global
market size will reach US$ 7170 million by 2024, from US$ 3200 million in 2019.
In particular, this report presents the global revenue market share of key
companies in Pet Insurance business, shared in Chapter 3.
This report presents a comprehensive overview, market shares
and growth opportunities of Pet Insurance market by product type, application,
key companies and key regions.
This study considers
the Pet Insurance value generated from the sales of the following segments:
Segmentation by
product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to
2024 in section 10.7.
·
Lifetime
Cover
·
Non-lifetime
Cover
·
Other
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 10.8.
·
Dog
·
Cat
·
Other
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,
China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France,
UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel,
Turkey, GCC Countries
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The report also presents
the market competition landscape and a corresponding detailed analysis of the
major vendor/manufacturers in the market. The key manufacturers covered in this
report: Breakdown data in in Chapter 3.
·
Petplan UK (Allianz)
·
Nationwide
·
Trupanion
·
Petplan NorthAmerica(Allianz)
·
Hartville Group
·
Pethealth
·
Petfirst
·
Embrace
·
Royal and Sun Alliance (RSA)
·
Direct Line Group
·
Agria
·
Petsecure
·
PetSure
·
Anicom Holding
·
ipet Insurance
·
Japan Animal Club
In addition, this
report discusses the key drivers influencing market growth, opportunities, the
challenges and the risks faced by key manufacturers and the market as a whole.
It also analyzes key emerging trends and their impact on present and future
development.
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Research objectives
·
To study and analyze the global Pet Insurance
market size by key regions/countries, product type and application, history
data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of Pet Insurance
market by identifying its various subsegments.
·
Focuses on the key global Pet Insurance players,
to define, describe and analyze the value, market share, market competition
landscape, SWOT analysis and development plans in next few years.
·
To analyze the Pet Insurance with respect to
individual growth trends, future prospects, and their contribution to the total
market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the size of Pet Insurance submarkets,
with respect to key regions (along with their respective key countries).
·
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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