Pet Insurance Market Size, Share & Trends Analysis Report

Pet Insurance Market Pet Insurance Market Size, Share & Trends Analysis Report

by Coverage Type (Accident & Illness, Accident & Illness, Others), by Animal Type (Dogs, Cats, Others), by Sales Channel (Agency, Broker, Direct, Bancassurance), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 2021) & Forecast (2022 - 2028) Market Synopsis: Global Pet Insurance Market is valued at USD 7.92 Billion in the year 2021 and is projected to reach a value of USD 19.56 Billion by the year 2028. The Global Market is anticipated to grow exhibiting a Compound Annual Growth Rate (CAGR) of 16.26% over the forecast period.

Get Access to free sample report: https://www.vantagemarketresearch.com/pet-insurance-market1527/request-sample The Pet Insurance Market is witnessing growth owing to the increase in the number of pets across the globe, the requirement to reduce the financial risk, and high veterinary care costs. The increased demand for the Pet Insurance Market policies and the intensifying requirement for financial protection in case of a surge in uncertainties are expected to boost the growth of the Global Pet Insurance Market during the forecast period. Additionally, the upsurge in the number of veterinary centers is experiencing a positive impact on the Pet Insurance Market growth during the forecast period. Furthermore, the implementation of the technologies in the existing service line and products, and the increasing government initiatives associated with the Pet Insurance are projected to provide significant opportunities for

enlarging the market growth during the forecast period. Where the Pet Insurance is an insurance policy purchased by the owner of the pet to pay in total for the veterinary treatment for the protected pet’s injury or illness.

Read Full Research Report: https://www.vantagemarketresearch.com/industry-report/petinsurance-market-1527 Competitive Landscape: The key players in the market are adopting various strategic initiatives like partnerships, the introduction of new policies, collaborations, acquisitions and mergers, and regional expansions for the growth of the Pet Insurance Market. Some of the major key players in the Global Pet Insurance Market are Trupanion Inc., Deutsche Familienversicherung AG (DFV), Petplan (Allianz), Animal Friends Insurance Services Limited, Figo Pet Insurance, Direct Line, Nationwide Mutual Insurance Company, Embrace Pet Insurance Agency, AnicomInsurance, IPET Insurance Co. Ltd. and others.

Segmentation of the Global Pet Insurance Market: 

Coverage Type o Accident & Illness o Accident & Illness o Others



Animal Type o Dogs o Cats o Others



Sales Channel o Agency o Broker o Direct o Bancassurance

o 

Others

Region o North America o Europe o Asia Pacific o Latin America o Middle East & Africa

Read Full Report: https://www.globenewswire.com/newsrelease/2022/05/09/2438580/0/en/Global-Pet-Insurance-MarketSize-by-2028-Huge-Growth-of-CAGR-16-26-with-19-56-BillionMarket-is-Fueled-by-Rising-Number-of-Pets-Globally-IndustrySize-Share-Key-Players-In-depth-An.html Follow Us on LinkedIn: https://www.linkedin.com/company/vantagemarket-research/ Follow Us on Twitter: https://twitter.com/vantagemarketr Contact us Eric Kunz 6218 Georgia Avenue NW Ste 1 - 564 Washington DC 20011-5125 United States Tel: +1 202 380 9727 Email: sales@vantagemarketresearch.com Website: https://www.vantagemarketresearch.com/ Latest Vantage Market Research Press Releases @ https://www.vantagemarketresearch.com/pressreleases

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