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The U.S. Pet Insurance Market: Size, Trends & Forecasts (2018-2022) - ResearchAndMarkets.com

January 21, 2019

DUBLIN--(BUSINESS WIRE)--Jan 21, 2019--The “The U.S. Pet Insurance Market: Size, Trends & Forecasts (2018-2022)” report has been added to ResearchAndMarkets.com’s offering.

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, 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, business overview, financial overview and business strategies of the companies are provided.

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

KEYWORD: UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CONSUMER PETS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/21/2019 06:10 AM/DISC: 01/21/2019 06:10 AM

http://www.businesswire.com/news/home/20190121005156/en

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