The U.S. Pet Insurance Market: Size, Trends & Forecasts (2018-2022) – ResearchAndMarkets.com
The US pet insurance market is expected to increase at high growth rates during the forecasted period (2018-2022).
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 payment options, etc.
Trupanion,
Market Dynamics
Growth Drivers
- Increasing Love for Dogs and Cats
- Growing Interest of Millennials for Pets
- Rapid Growth in Consumer Acceptance of
Pet Insurance - Growing Disposable Income of a Household
- Increasing Transparency Regarding Coverage
- Growing Industry
Challenges
- Barrier to Entry
- Risks for a
Pet Insurance Company -
High Competition
Market Trends
- Expanding Distribution Channels Options
- Association with Competing Payment Options
- Technological and Efficiency Improvements
- Expansion of
Exotic Pet Insurance
Topics Covered
1. Executive Summary
2. Introduction
3. Global Market Analysis
4. The U.S. Market Analysis
5. Market Dynamics
6. Competitive Landscape
7. Company Profiling
-
ASPCA Pet Insurance -
FigoPet Insurance -
Pet Plan Insurance - Trupanion Inc.
For more information about this report visit https://www.researchandmarkets.com/research/nxtxzl/the_u_s_pet?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20190121005156/en/
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Related Topics: Pet Care and Services
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