PUBLISHER: TechNavio | PRODUCT CODE: 1937229
PUBLISHER: TechNavio | PRODUCT CODE: 1937229
The global pet insurance market is forecasted to grow by USD 85877.4 mn during 2025-2030, accelerating at a CAGR of 45.5% during the forecast period. The report on the global pet insurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing cost and sophistication of veterinary care, humanization of pets and evolving ownership demographics, growing awareness and enhanced accessibility of pet insurance.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 37.1% |
| CAGR | 45.5% |
| Incremental Value | $85877.4 mn |
Technavio's global pet insurance market is segmented as below:
By Type
By Application
By Channel
Geography
This study identifies the technological integration and rise of insurtech as one of the prime reasons driving the global pet insurance market growth during the next few years. Also, shift towards holistic coverage with wellness and preventative care plans and growing emphasis on policy customization and personalization will lead to sizable demand in the market.
The report on the global pet insurance market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global pet insurance market vendors that include Agria Pet Insurance Ltd., Allianz SE, Anicom Holdings Inc., Chubb Ltd., Dotsure Ltd., Embrace Pet Insurance LLC, Figo Pet Insurance LLC, HDFC ERGO General Insurance, Healthy Paws Pet Insurance LLC, Hollard Insurance Group, Independence Pet Group, ManyPets Ltd., MetLife Pet Insurance LLC, Nationwide Mutual Insurance, Pets Best Insurance Services, Pumpkin Insurance Services, Spot Pet Insurance Services, Trupanion Inc.. Also, the global pet insurance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.