Global Pet Insurance Market Growth Drivers, Opportunities and Challenges forecast year 2020

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A new market study, titled “ Global Pet Insurance Market 2019 by Company, Regions, Type and Application, Forecast to 2024“been featured on WiseGuyReports.

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.

Scope of the Report:

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.

The global Pet Insurance market is valued at 3200 million USD in 2018 and is expected to reach 7170 million USD by the end of 2024, growing at a CAGR of 14.4% between 2019 and 2024.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Pet Insurance.

Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.

This report studies the Pet Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Pet Insurance market by product type and applications/end industries.

ALSO READ https://marketersmedia.com/pet-insurance-market-2020-global-covid-1...

Market Segment by Companies, this report covers

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

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Lifetime Cover

Non-lifetime Cover

Accident-only

Other

Market Segment by Applications, can be divided into

Dog

Cat

Other

FOR MORE DETAILS https://www.wiseguyreports.com/reports/3747882-global-pet-insurance...

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