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Global Pet Health Insurance Service Market Research Report 2025
Synopsis
Pet insurance is a health care policy for your pet that reimburses you for certain medical expenses.
Global Pet Health Insurance Service market is projected to reach US$ 10600 million in 2029, increasing from US$ 6927.8 million in 2022, with the CAGR of 6.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Pet Health Insurance Service market research.
According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 407%.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Pet Health Insurance Service market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ASPCA
Petsecure
GEICO
Trupanion
Healthy Paws
Nationwide
Pet Plan
Pet First
Figo
Embrace
Trusted Pal
Hartville
Petplan
Pets Best
China Life Insurance Company Limited
Ping An Insurance (Group) Company of China, Ltd.
Taikang Life Insurance Co., Ltd.
Zhongan Group Co., Ltd.
Sunshine Insurance Group Inc., Ltd.
Segment by Type
Comprehensive Insurance
Accident-Only Insurance
Segment by Application
Dog
Cat
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Pet Health Insurance Service report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Pet insurance is a health care policy for your pet that reimburses you for certain medical expenses.
Global Pet Health Insurance Service market is projected to reach US$ 10600 million in 2029, increasing from US$ 6927.8 million in 2022, with the CAGR of 6.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Pet Health Insurance Service market research.
According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 407%.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Pet Health Insurance Service market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ASPCA
Petsecure
GEICO
Trupanion
Healthy Paws
Nationwide
Pet Plan
Pet First
Figo
Embrace
Trusted Pal
Hartville
Petplan
Pets Best
China Life Insurance Company Limited
Ping An Insurance (Group) Company of China, Ltd.
Taikang Life Insurance Co., Ltd.
Zhongan Group Co., Ltd.
Sunshine Insurance Group Inc., Ltd.
Segment by Type
Comprehensive Insurance
Accident-Only Insurance
Segment by Application
Dog
Cat
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Pet Health Insurance Service report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Pet Health Insurance Service Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Comprehensive Insurance
1.2.3 Accident-Only Insurance
1.3 Market by Application
1.3.1 Global Pet Health Insurance Service Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Dog
1.3.3 Cat
1.3.4 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Pet Health Insurance Service Market Perspective (2018-2029)
2.2 Pet Health Insurance Service Growth Trends by Region
2.2.1 Global Pet Health Insurance Service Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Pet Health Insurance Service Historic Market Size by Region (2018-2023)
2.2.3 Pet Health Insurance Service Forecasted Market Size by Region (2024-2029)
2.3 Pet Health Insurance Service Market Dynamics
2.3.1 Pet Health Insurance Service Industry Trends
2.3.2 Pet Health Insurance Service Market Drivers
2.3.3 Pet Health Insurance Service Market Challenges
2.3.4 Pet Health Insurance Service Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Pet Health Insurance Service Players by Revenue
3.1.1 Global Top Pet Health Insurance Service Players by Revenue (2018-2023)
3.1.2 Global Pet Health Insurance Service Revenue Market Share by Players (2018-2023)
3.2 Global Pet Health Insurance Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Pet Health Insurance Service Revenue
3.4 Global Pet Health Insurance Service Market Concentration Ratio
3.4.1 Global Pet Health Insurance Service Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Pet Health Insurance Service Revenue in 2022
3.5 Pet Health Insurance Service Key Players Head office and Area Served
3.6 Key Players Pet Health Insurance Service Product Solution and Service
3.7 Date of Enter into Pet Health Insurance Service Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Pet Health Insurance Service Breakdown Data by Type
4.1 Global Pet Health Insurance Service Historic Market Size by Type (2018-2023)
4.2 Global Pet Health Insurance Service Forecasted Market Size by Type (2024-2029)
5 Pet Health Insurance Service Breakdown Data by Application
5.1 Global Pet Health Insurance Service Historic Market Size by Application (2018-2023)
5.2 Global Pet Health Insurance Service Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Pet Health Insurance Service Market Size (2018-2029)
6.2 North America Pet Health Insurance Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Pet Health Insurance Service Market Size by Country (2018-2023)
6.4 North America Pet Health Insurance Service Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Pet Health Insurance Service Market Size (2018-2029)
7.2 Europe Pet Health Insurance Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Pet Health Insurance Service Market Size by Country (2018-2023)
7.4 Europe Pet Health Insurance Service Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Pet Health Insurance Service Market Size (2018-2029)
8.2 Asia-Pacific Pet Health Insurance Service Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Pet Health Insurance Service Market Size by Region (2018-2023)
8.4 Asia-Pacific Pet Health Insurance Service Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Pet Health Insurance Service Market Size (2018-2029)
9.2 Latin America Pet Health Insurance Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Pet Health Insurance Service Market Size by Country (2018-2023)
9.4 Latin America Pet Health Insurance Service Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Pet Health Insurance Service Market Size (2018-2029)
10.2 Middle East & Africa Pet Health Insurance Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Pet Health Insurance Service Market Size by Country (2018-2023)
10.4 Middle East & Africa Pet Health Insurance Service Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ASPCA
11.1.1 ASPCA Company Detail
11.1.2 ASPCA Business Overview
11.1.3 ASPCA Pet Health Insurance Service Introduction
11.1.4 ASPCA Revenue in Pet Health Insurance Service Business (2018-2023)
11.1.5 ASPCA Recent Development
11.2 Petsecure
11.2.1 Petsecure Company Detail
11.2.2 Petsecure Business Overview
11.2.3 Petsecure Pet Health Insurance Service Introduction
11.2.4 Petsecure Revenue in Pet Health Insurance Service Business (2018-2023)
11.2.5 Petsecure Recent Development
11.3 GEICO
11.3.1 GEICO Company Detail
11.3.2 GEICO Business Overview
11.3.3 GEICO Pet Health Insurance Service Introduction
11.3.4 GEICO Revenue in Pet Health Insurance Service Business (2018-2023)
11.3.5 GEICO Recent Development
11.4 Trupanion
11.4.1 Trupanion Company Detail
11.4.2 Trupanion Business Overview
11.4.3 Trupanion Pet Health Insurance Service Introduction
11.4.4 Trupanion Revenue in Pet Health Insurance Service Business (2018-2023)
11.4.5 Trupanion Recent Development
11.5 Healthy Paws
11.5.1 Healthy Paws Company Detail
11.5.2 Healthy Paws Business Overview
11.5.3 Healthy Paws Pet Health Insurance Service Introduction
11.5.4 Healthy Paws Revenue in Pet Health Insurance Service Business (2018-2023)
11.5.5 Healthy Paws Recent Development
11.6 Nationwide
11.6.1 Nationwide Company Detail
11.6.2 Nationwide Business Overview
11.6.3 Nationwide Pet Health Insurance Service Introduction
11.6.4 Nationwide Revenue in Pet Health Insurance Service Business (2018-2023)
11.6.5 Nationwide Recent Development
11.7 Pet Plan
11.7.1 Pet Plan Company Detail
11.7.2 Pet Plan Business Overview
11.7.3 Pet Plan Pet Health Insurance Service Introduction
11.7.4 Pet Plan Revenue in Pet Health Insurance Service Business (2018-2023)
11.7.5 Pet Plan Recent Development
11.8 Pet First
11.8.1 Pet First Company Detail
11.8.2 Pet First Business Overview
11.8.3 Pet First Pet Health Insurance Service Introduction
11.8.4 Pet First Revenue in Pet Health Insurance Service Business (2018-2023)
11.8.5 Pet First Recent Development
11.9 Figo
11.9.1 Figo Company Detail
11.9.2 Figo Business Overview
11.9.3 Figo Pet Health Insurance Service Introduction
11.9.4 Figo Revenue in Pet Health Insurance Service Business (2018-2023)
11.9.5 Figo Recent Development
11.10 Embrace
11.10.1 Embrace Company Detail
11.10.2 Embrace Business Overview
11.10.3 Embrace Pet Health Insurance Service Introduction
11.10.4 Embrace Revenue in Pet Health Insurance Service Business (2018-2023)
11.10.5 Embrace Recent Development
11.11 Trusted Pal
11.11.1 Trusted Pal Company Detail
11.11.2 Trusted Pal Business Overview
11.11.3 Trusted Pal Pet Health Insurance Service Introduction
11.11.4 Trusted Pal Revenue in Pet Health Insurance Service Business (2018-2023)
11.11.5 Trusted Pal Recent Development
11.12 Hartville
11.12.1 Hartville Company Detail
11.12.2 Hartville Business Overview
11.12.3 Hartville Pet Health Insurance Service Introduction
11.12.4 Hartville Revenue in Pet Health Insurance Service Business (2018-2023)
11.12.5 Hartville Recent Development
11.13 Petplan
11.13.1 Petplan Company Detail
11.13.2 Petplan Business Overview
11.13.3 Petplan Pet Health Insurance Service Introduction
11.13.4 Petplan Revenue in Pet Health Insurance Service Business (2018-2023)
11.13.5 Petplan Recent Development
11.14 Pets Best
11.14.1 Pets Best Company Detail
11.14.2 Pets Best Business Overview
11.14.3 Pets Best Pet Health Insurance Service Introduction
11.14.4 Pets Best Revenue in Pet Health Insurance Service Business (2018-2023)
11.14.5 Pets Best Recent Development
11.15 China Life Insurance Company Limited
11.15.1 China Life Insurance Company Limited Company Detail
11.15.2 China Life Insurance Company Limited Business Overview
11.15.3 China Life Insurance Company Limited Pet Health Insurance Service Introduction
11.15.4 China Life Insurance Company Limited Revenue in Pet Health Insurance Service Business (2018-2023)
11.15.5 China Life Insurance Company Limited Recent Development
11.16 Ping An Insurance (Group) Company of China, Ltd.
11.16.1 Ping An Insurance (Group) Company of China, Ltd. Company Detail
11.16.2 Ping An Insurance (Group) Company of China, Ltd. Business Overview
11.16.3 Ping An Insurance (Group) Company of China, Ltd. Pet Health Insurance Service Introduction
11.16.4 Ping An Insurance (Group) Company of China, Ltd. Revenue in Pet Health Insurance Service Business (2018-2023)
11.16.5 Ping An Insurance (Group) Company of China, Ltd. Recent Development
11.17 Taikang Life Insurance Co., Ltd.
11.17.1 Taikang Life Insurance Co., Ltd. Company Detail
11.17.2 Taikang Life Insurance Co., Ltd. Business Overview
11.17.3 Taikang Life Insurance Co., Ltd. Pet Health Insurance Service Introduction
11.17.4 Taikang Life Insurance Co., Ltd. Revenue in Pet Health Insurance Service Business (2018-2023)
11.17.5 Taikang Life Insurance Co., Ltd. Recent Development
11.18 Zhongan Group Co., Ltd.
11.18.1 Zhongan Group Co., Ltd. Company Detail
11.18.2 Zhongan Group Co., Ltd. Business Overview
11.18.3 Zhongan Group Co., Ltd. Pet Health Insurance Service Introduction
11.18.4 Zhongan Group Co., Ltd. Revenue in Pet Health Insurance Service Business (2018-2023)
11.18.5 Zhongan Group Co., Ltd. Recent Development
11.19 Sunshine Insurance Group Inc., Ltd.
11.19.1 Sunshine Insurance Group Inc., Ltd. Company Detail
11.19.2 Sunshine Insurance Group Inc., Ltd. Business Overview
11.19.3 Sunshine Insurance Group Inc., Ltd. Pet Health Insurance Service Introduction
11.19.4 Sunshine Insurance Group Inc., Ltd. Revenue in Pet Health Insurance Service Business (2018-2023)
11.19.5 Sunshine Insurance Group Inc., Ltd. Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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