Table of Content

1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15

2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 18
2.1.2 Impact of COVID-19 on the Market 20
2.2 Major Growth Drivers 22
2.3 Market Restraints and Challenges 28
2.4 Emerging Opportunities and Market Trends 31
2.5 Porter’s Fiver Forces Analysis 35

3 Segmentation of North America Market by Insurance Type 39
3.1 Market Overview by Insurance Type 39
3.2 Accident & Illness 41
3.3 Accident Only 42

4 Segmentation of North America Market by Policy Type 43
4.1 Market Overview by Policy Type 43
4.2 Lifetime Coverage 45
4.3 Non-Lifetime Coverage 46

5 Segmentation of North America Market by Animal Type 47
5.1 Market Overview by Animal Type 47
5.2 Dogs 49
5.3 Cats 54
5.4 Other Animals 58

6 Segmentation of North America Market by Provider 59
6.1 Market Overview by Provider 59
6.2 Private Insurance Providers 61
6.3 Public Insurance Providers 62

7 Segmentation of North America Market by Distribution Channel 63
7.1 Market Overview by Distribution Channel 63
7.2 Insurance Agency 65
7.3 Bancassurance 66
7.4 Brokers 67
7.5 Direct Sales 68

8 North America Market 2019-2030 by Country 69
8.1 Overview of North America Market 69
8.2 U.S. 72
8.3 Canada 77
8.4 Mexico 79

9 Competitive Landscape 81
9.1 Overview of Key Vendors 81
9.2 New Product Launch, Partnership, Investment, and M&A 84
9.3 Company Profiles 85
Agria 85
Anicom Holding 87
ASPCA 88
Bow Wow Meow 89
Embrace Pet Insurance Agency, LLC 90
Healthy Paws Pet Insurance 91
Ipet Insurance 92
More Than 93
Nationwide Mutual Insurance Company 94
Petfirst Healthcare LLC 95
Petplan Limited 96
Petsecure Pet Health Insurance 97
Trupanion 98
RELATED REPORTS 99



List of Figures

List of Figures:

Figure 1. Research Method Flow Chart 10
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 15
Figure 4. North America Pet Insurance Market, 2019-2030, $ mn 17
Figure 5. Impact of COVID-19 on Business 20
Figure 6. Primary Drivers and Impact Factors of North America Pet Insurance Market 22
Figure 7. Average Monthly Cost of Pet Insurance for Dogs and Cats, June 2021 26
Figure 8. Primary Restraints and Impact Factors of North America Pet Insurance Market 28
Figure 9. Investment Opportunity Analysis 32
Figure 10. Porter’s Fiver Forces Analysis of North America Pet Insurance Market 35
Figure 11. Breakdown of North America Pet Insurance Market by Insurance Type, 2019-2030, % of Revenue 40
Figure 12. North America Addressable Market Cap in 2021-2030 by Insurance Type, Value ($ mn) and Share (%) 40
Figure 13. North America Pet Insurance Market: Accident & Illness, 2019-2030, $ mn 41
Figure 14. North America Pet Insurance Market: Accident Only, 2019-2030, $ mn 42
Figure 15. Breakdown of North America Pet Insurance Market by Policy Type, 2019-2030, % of Sales Revenue 44
Figure 16. North America Addressable Market Cap in 2021-2030 by Policy Type, Value ($ mn) and Share (%) 44
Figure 17. North America Pet Insurance Market: Lifetime Coverage, 2019-2030, $ mn 45
Figure 18. North America Pet Insurance Market: Non-Lifetime Coverage, 2019-2030, $ mn 46
Figure 19. Breakdown of North America Pet Insurance Market by Animal Type, 2019-2030, % of Sales Revenue 48
Figure 20. North America Addressable Market Cap in 2021-2030 by Animal Type, Value ($ mn) and Share (%) 48
Figure 21. North America Pet Insurance Market: Dogs, 2019-2030, $ mn 49
Figure 22. Monthly Premium of Pet Insurance for Dogs, June 2021 51
Figure 23. Cost of Five Most Common Conditions for Dogs, June 2021 52
Figure 24. North America Pet Insurance Market: Cats, 2019-2030, $ mn 54
Figure 25. Monthly Premium of Pet Insurance for Cats, June 2021 55
Figure 26. Cost of Five Most Common Conditions for Cats, June 2021 56
Figure 27. North America Pet Insurance Market: Other Animals, 2019-2030, $ mn 58
Figure 28. Breakdown of North America Pet Insurance Market by Provider, 2019-2030, % of Revenue 60
Figure 29. North America Addressable Market Cap in 2021-2030 by Provider, Value ($ mn) and Share (%) 60
Figure 30. North America Pet Insurance Market: Private Insurance Providers, 2019-2030, $ mn 61
Figure 31. North America Pet Insurance Market: Public Insurance Providers, 2019-2030, $ mn 62
Figure 32. Breakdown of North America Pet Insurance Market by Distribution Channel, 2019-2030, % of Revenue 64
Figure 33. North America Addressable Market Cap in 2021-2030 by Distribution Channel, Value ($ mn) and Share (%) 64
Figure 34. North America Pet Insurance Market: Insurance Agency, 2019-2030, $ mn 65
Figure 35. North America Pet Insurance Market: Bancassurance, 2019-2030, $ mn 66
Figure 36. North America Pet Insurance Market: Brokers, 2019-2030, $ mn 67
Figure 37. North America Pet Insurance Market: Direct Sales, 2019-2030, $ mn 68
Figure 38. Breakdown of North America Pet Insurance Market by Country, 2019 and 2030, % of Revenue 70
Figure 39. Contribution to North America 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 71
Figure 40. U.S. Pet Insurance Market, 2019-2030, $ mn 73
Figure 41. Canada Pet Insurance Market, 2019-2030, $ mn 77
Figure 42. Pet Insurance Market in Mexico, 2015-2030F, $ mn 79
Figure 43. Growth Stage of North America Pet Insurance Industry over the Forecast Period 81

List of Tables

List of Tables:

Table 1. Snapshot of North America Pet Insurance Market in Balanced Perspective, 2019-2030 16
Table 2. Growth Rate of World GDP, 2020-2022 19
Table 3. Cost Associated with Owing Pets 25
Table 4. Five-year Increase in Average Pet Insurance Rates, 2016-2021 27
Table 5. Main Product Trends and Market Opportunities in North America Pet Insurance Market 31
Table 6. North America Pet Insurance Market by Insurance Type, 2019-2030, $ mn 39
Table 7. North America Pet Insurance Market: Accident & Illness by Animal Type, 2019-2030, $ mn 41
Table 8. North America Pet Insurance Market: Accident Only by Animal Type, 2019-2030, $ mn 42
Table 9. North America Pet Insurance Market by Policy Type, 2019-2030, $ mn 43
Table 10. North America Pet Insurance Market by Animal Type, 2019-2030, $ mn 47
Table 11. North America Pet Insurance Market: Dogs by Insurance Type, 2019-2030, $ mn 49
Table 12. Monthly Premium of Dog Insurance by Breed, June 2021 51
Table 13. Average Cost of Common Treatments for Dogs, June 2021 53
Table 14. North America Pet Insurance Market: Cats by Insurance Type, 2019-2030, $ mn 54
Table 15. Monthly Premium of Cat Insurance by Breed, June 2021 55
Table 16. Average Cost of Common Treatments for Cats, June 2021 57
Table 17. North America Pet Insurance Market: Other Animals by Insurance Type, 2019-2030, $ mn 58
Table 18. North America Pet Insurance Market by Provider, 2019-2030, $ mn 59
Table 19. North America Pet Insurance Market by Distribution Channel, 2019-2030, $ mn 63
Table 20. North America Pet Insurance Market by Country, 2019-2030, $ mn 70
Table 21. U.S. Pet Insurance Market by Insurance Type, 2019-2030, $ mn 74
Table 22. U.S. Pet Insurance Market by Animal Type, 2019-2030, $ mn 74
Table 23. U.S. Pet Insurance Market by Distribution Channel, 2019-2030, $ mn 74
Table 24. Number of U.S. Households That Own a Pet by Type of Animal, 2019-2020, million 75
Table 25. Total Number of Pets Owned in U.S. by Type of Animal, 2017-2018, million 76
Table 26. Total U.S. Pet Industry Expenditures, 2010-2019, $ billion 76
Table 27. Canada Pet Insurance Market by Insurance Type, 2019-2030, $ mn 78
Table 28. Canada Pet Insurance Market by Animal Type, 2019-2030, $ mn 78
Table 29. Canada Pet Insurance Market by Distribution Channel, 2019-2030, $ mn 78
Table 30. Mexico Pet Insurance Market by Insurance Type, 2019-2030, $ mn 80
Table 31. Mexico Pet Insurance Market by Animal Type, 2019-2030, $ mn 80
Table 32. Mexico Pet Insurance Market by Distribution Channel, 2019-2030, $ mn 80
Table 33. Agria: Company Snapshot 85
Table 34. Agria: Business Segmentation 85
Table 35. Agria: Product Portfolio 86
Table 36. Agria: Revenue, 2018-2020, $ mn 86