Global Pet Insurance Market
Dublin, Nov. 10, 2022 (GLOBE NEWSWIRE) -- The "Global Pet Insurance Market (2022-2027) by Products, Animal Type, End-Users, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Pet Insurance Market is estimated to be USD 5.58 Bn in 2022 and is expected to reach USD 8.31 Bn by 2027, growing at a CAGR of 8.29%
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing risks.
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Allianz Insurance PLC, Anicom Holdings, Inc., Bajaj Allianz General Insurance, Direct Line Insurance Group PLC, Embrace Pet Insurance Agency, LLC , Figo Pet Insurance LLC, etc.
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
The report presents a detailed Ansoff matrix analysis for the Global Pet Insurance Market. Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Pet Insurance Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
The report offers a comprehensive evaluation of the Global Pet Insurance Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
4.1.1 Growing Healthcare Expenditure for Pets and Increasing Adoption of Pet Insurance by Owners
4.1.2 Increasing Pet Veterinary Costs
4.1.3 Rising Companies Offering Innovative Pet Insurance Coverage
4.2.1 Dearth of Reimbursement Policies
4.3.1 Continued Initiatives to Increase Consumer Awareness Attributed to Several Policies
4.3.2 Growing Number of Mergers and Acquisition for Pet Insurance Companies
4.4.1 Lack of Awareness Associated to Pet Insurance
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
5.5 PESTLE Analysis
6 Global Pet Insurance Market, By Products
6.2 Accident and Illness
6.3 Accident Only
7 Global Pet Insurance Market, By Animal Type
8 Global Pet Insurance Market, By End-Users
8.5 Direct Writing
9 Americas' Pet Insurance Market
9.9 United States
9.10 Rest of Americas
10 Europe's Pet Insurance Market
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa's Pet Insurance Market
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC's Pet Insurance Market
12.11 South Korea
12.12 Sri Lanka
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 IGR Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Allianz Insurance, PLC
14.2 Anicom Holdings, Inc.
14.3 Bajaj Allianz General Insurance
14.4 Direct Line Insurance Group, PLC
14.5 Embrace Pet Insurance Agency, LLC
14.6 Figo Pet Insurance, LLC
14.7 Future Generali India Insurance Co., Ltd.
14.8 Hartville Group
14.9 Healthy Paws Pet Insurance, LLC
14.11 Medibank Pvt., Ltd.
14.12 MetLife, Inc.
14.13 Nationwide Building Society
14.14 PetSure (Australia) Pty Ltd.
14.15 Policybazaar (PB Fintech Ltd.)
14.16 Royal Bank of Scotland, PLC
14.17 RSA Insurance Group, Ltd.
14.18 The Oriental Insurance, Co., Ltd.
14.20 Warburg Pincus,LLC
For more information about this report visit https://www.researchandmarkets.com/r/rq8sj0
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager firstname.lastname@example.org 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