The US Pet Insurance Market: Size, Trends & Forecasts (2020-2024) - ResearchAndMarkets.com

DUBLIN--()--The "The US Pet Insurance Market: Size, Trends & Forecasts (2020-2024 Edition)" report has been added to ResearchAndMarkets.com's offering.

This report provides an analysis of the US pet insurance market, with detailed analysis of the market in terms of value, volume and the average annual premium.

The US pet insurance market is expected to increase at high growth rates during the forecasted period (2020-2024). The US pet insurance market is supported by various growth drivers, such as increasing love for dogs and cats, growing interest of millennials for pets, etc. yet, the market faces certain challenges, such as barrier to entry, risks for a pet insurance company, etc. few new market trends are also provided such as expanding distribution channels options, association with competing for payment options, etc.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall the US pet insurance market has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Trupanion Inc., FigoPet Insurance, ASPCA Pet Insurance, and Pet Plan Insurance are some of the key players operating in the US pet insurance market, whose company profiling has been done in the report. In this segment of the report, a business overview, financial overview and business strategies of the companies are provided.

Company Coverage

  1. Trupanion Inc.
  2. FigoPet Insurance
  3. ASPCA Pet Insurance
  4. Pet Plan Insurance

Key Topics Covered:

1. Executive Summary

2. Introduction

2.1 Pet Insurance: An Overview

2.1.1 Pet Insurance: Meaning

2.1.2 Types of Pet Insurance

2.1.3 Factors Affecting Premium Pet Insurance

2.1.4 Benefits of Pet Insurance

3. The US Market Analysis

3.1 The US Pet Expenditure: An Analysis

3.1.1 The US Pet Expenditure by Value

3.1.2 The US Pet Expenditure by Category (Live animal purchase, Pet services, Food, Supplies/OTC medicines and Vet care)

3.1.3 The US Pet Expenditure by Basic Annual Expenses For Dogs And Cats

3.2 The US Pet Insurance Market: An Analysis

3.2.1 The US Pet Insurance Market by Value

3.2.2 The US Pet Insurance Market by Volume

3.2.3 The US Pet Insurance Market Volume by Coverage Type (Accident and Illness/ Insurance with Embedded Wellness and Accident Only)

3.2.4 The US Pet Insurance Market by Average Annual Premium

3.2.5 The US Pet Insurance Market by Top Encouraging Reasons

4. Market Dynamics

4.1 Growth Drivers

4.1.1 Increasing Love for Dogs and Cats

4.1.2 Growing Interest of Millennials for Pets

4.1.3 Rapid Growth in Consumer Acceptance of Pet Insurance

4.1.4 Growing Disposable Income of a Household

4.1.5 Increasing Transparency Regarding Coverage

4.1.6 Growing Industry

4.2 Challenges

4.2.1 Barrier to Entry

4.2.2 Risks for a Pet Insurance Company

4.2.3 High Competition

4.3 Market Trends

4.3.1 Expanding Distribution Channels Options

4.3.2 Association With Competing Payment Options

4.3.3 Technological and Efficiency Improvements

4.3.4 Expansion of Exotic Pet Insurance

5. Competitive Landscape

5.1 The US Pet Insurance Market: Player Analysis

5.1.1 The US Pet Insurance Market Player by Share

5.2 The US Pet Insurance Market Player: Price Comparison

6. Company Profiling

For more information about this report visit https://www.researchandmarkets.com/r/dnyat0

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900