Market Research Reports Global Pet Insurance Market 2018 - 2022

Global Pet Insurance Market Projected to Surpass US$ 5000 Million by 2022 “Global Pet Insurance Market Report 2018” report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Global Pet Overview: Insurance Market The Pet Insurance industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Pet Insurance market size to maintain the average annual growth rate of 15.44% from 1300 Million $ in 2014 to 2000 Million $ in 2017, market research analysts believe that in the next few years, Pet Insurance market size will be further expanded, we expect that by 2022, The market size of the Pet Insurance will reach 5000 Million $. Available Exclusive Sample Copy of this Report @ . Rise in awareness about Pet Insurance, rise in number of companion animals, and growth in pet ownership and associated health benefits of pet ownership propels the growth of the market. However, high cost of pet insurance policies, lack of awareness among consumers, and government regulation limits the growth of the market. Furthermore, largely untapped market with extremely low penetration rates is expected to provide numerous opportunities for the pet insurance market. The Global Pet Insurance Market is segmented on the basis of End User, Policy Type and Region. End-User segment covered in this study include dog, cat, horse, exotic pet, and others. Based on Policy Type, the market is classified into Lifetime Cover and Non-Lifetime Cover.