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(MoneyNewsWire.Net, September 03, 2018 ) In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Pet Insurance market for 2018-2023.
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.
Over the next five years, Publisher projects that Pet Insurance will register a 14.4% CAGR in terms of revenue, reach US$ 7170 million by 2023, from US$ 3200 million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Pet Insurance market by product type, application, key companies and key regions.
To calculate the market size, Publisher considers value generated from the sales of the following segments:
Segmentation by product type:
Lifetime Cover
Non-lifetime Cover
Other
Segmentation by application:
Dog
Cat
Other
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The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
The study objectives of this report are:
To study and analyze the global Pet Insurance market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
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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Table of Content
2018-2023 Global Pet Insurance Market Report (Status and Outlook)
1 Scope of the Report
2 Executive Summary
3 Global Pet Insurance by Players
4 Pet Insurance by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Pet Insurance Market Forecast
11 Key Players Analysis
11.1 Petplan UK (Allianz)
11.1.1 Company Details
11.1.2 Pet Insurance Product Offered
11.1.3 Petplan UK (Allianz) Pet Insurance Revenue, Gross Margin and Market Share (2016-2018)
11.1.4 Main Business Overview
11.1.5 Petplan UK (Allianz) News
11.2 Nationwide
11.2.1 Company Details
11.2.2 Pet Insurance Product Offered
11.2.3 Nationwide Pet Insurance Revenue, Gross Margin and Market Share (2016-2018)
11.2.4 Main Business Overview
11.2.5 Nationwide News
11.3 Trupanion
11.3.1 Company Details
11.3.2 Pet Insurance Product Offered
11.3.3 Trupanion Pet Insurance Revenue, Gross Margin and Market Share (2016-2018)
11.3.4 Main Business Overview
11.3.5 Trupanion News
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