Europe Pet Insurance Market Size- By Insurance Type, By Policy Type, By Animal Type, By Provider, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

Europe Pet Insurance Market Introduction and Overview

According to SPER market research, 'Europe Pet Insurance Market Size - By Insurance Type, By Policy Type, By Animal Type, By Provider, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Europe Pet Insurance Market is predicted to reach USD 7.66 billion by 2033 with a CAGR of 9.64%.

Pet insurance is a kind of financial solution that, by helping to cover their unanticipated medical costs, gives pet owners peace of mind. Pet insurance functions similarly to health insurance for people in that it pays for eligible veterinary expenses in return for a monthly or annual premium. Prescription medicines, accidents, illnesses, surgeries, and sometimes routine medical care like checkups or vaccinations may be covered by these expenses, depending on the insurance.

The pet insurance market in Europe was negatively impacted by COVID-19. The capacity of multiple industries to operate in different places was affected by the coronavirus epidemic. The pet insurance sector in Europe took a serious hit. Businesses concentrated on educating pet owners and raising customer awareness of the options available for cost reimbursement. A number of businesses also made an effort to guarantee that animals received proper care during the COVID-19 pandemic.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Insurance Type, By Policy Type, By Animal Type, By Provider, By Distribution Channel

Regions covered UK, France, Germany, Italy, Spain, Rest of Europe

Companies Covered AGILA, Embrace, Hartville Group, NSM Insurance Group, Petfirst Healthcare, Pethealth Inc, Petplan, Petsecure, Protectapet, RSA Insurance, Others

Europe Pet Insurance Market Segmentation:

By Insurance Type: Based on the Insurance Type, Europe Pet Insurance Market is segmented as; Accident & Illness, Accident Only.

By Policy Type: Based on the Policy Type, Europe Pet Insurance Market is segmented as; Lifetime Coverage, Non-Lifetime Coverage.

By Distribution Channel: Based on the Distribution Channel, Europe Pet Insurance Market is segmented as; Insurance Agency, Bancassurance, Brokers, Direct Sales.

Product Code: BFSI2417

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Pet Insurance Market

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Europe Pet Insurance Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Pet Insurance Market

7. Europe Pet Insurance Market, By Insurance Type (USD Million) 2020-2033

7.1. Europe Pet Insurance Market Size, Share and Forecast, By Insurance Type, 2020-2026
7.2. Europe Pet Insurance Market Size, Share and Forecast, By Insurance Type, 2027-2033
7.3. Accident & Illness
7.4. Accident Only

8. Europe Pet Insurance Market, By Policy Type (USD Million) 2020-2033

8.1. Europe Pet Insurance Market Size, Share and Forecast, By Policy Type, 2020-2026
8.2. Europe Pet Insurance Market Size, Share and Forecast, By Policy Type, 2027-2033
8.3. Lifetime Coverage
8.4. Non-Lifetime Coverage

9. Europe Pet Insurance Market, By Animal Type (USD Million) 2020-2033

9.1. Europe Pet Insurance Market Size, Share and Forecast, By Animal Type, 2020-2026
9.2. Europe Pet Insurance Market Size, Share and Forecast, By Animal Type, 2027-2033
9.3. Dogs
9.4. Cats
9.5. Others

10. Europe Pet Insurance Market, By Provider (USD Million) 2020-2033

10.1. Europe Pet Insurance Market Size, Share and Forecast, By Provider, 2020-2026
10.2. Europe Pet Insurance Market Size, Share and Forecast, By Provider, 2027-2033
10.3. Public
10.4. Private

11. Europe Pet Insurance Market, By Distribution Channel (USD Million) 2020-2033

11.1. Europe Pet Insurance Market Size, Share and Forecast, By Distribution Channel, 2020-2026
11.2. Europe Pet Insurance Market Size, Share and Forecast, By Distribution Channel, 2027-2033
11.3. Insurance Agency
11.4. Bancassurance
11.5. Brokers
11.6. Direct Sales

12. Europe Pet Insurance Market Forecast, 2020-2033 (USD Million)

12.1. Europe Pet Insurance Market Size and Market Share

13. Europe Pet Insurance Market, By Region, 2020-2033 (USD Million)

13.1. Europe Pet Insurance Market Size and Market Share By Region (2020-2026)
13.2. Europe Pet Insurance Market Size and Market Share By Region (2027-2033)
13.3. France
13.4. Germany
13.5. Italy
13.6. United Kingdom
13.7. Rest of Europe

14. Company Profile

14.1. AGILA
- 14.1.1. Company details
- 14.1.2. Financial outlook
- 14.1.3. Product summary
- 14.1.4. Recent developments
14.2. Embrace
- 14.2.1. Company details
- 14.2.2. Financial outlook
- 14.2.3. Product summary
- 14.2.4. Recent developments
14.3. Hartville Group
- 14.3.1. Company details
- 14.3.2. Financial outlook
- 14.3.3. Product summary
- 14.3.4. Recent developments
14.4. NSM Insurance Group
- 14.4.1. Company details
- 14.4.2. Financial outlook
- 14.4.3. Product summary
- 14.4.4. Recent developments
14.5. Petfirst Healthcare
- 14.5.1. Company details
- 14.5.2. Financial outlook
- 14.5.3. Product summary
- 14.5.4. Recent developments
14.6. Pethealth Inc
- 14.6.1. Company details
- 14.6.2. Financial outlook
- 14.6.3. Product summary
- 14.6.4. Recent developments
14.7. Petplan
- 14.7.1. Company details
- 14.7.2. Financial outlook
- 14.7.3. Product summary
- 14.7.4. Recent developments
14.8. Petsecure
- 14.8.1. Company details
- 14.8.2. Financial outlook
- 14.8.3. Product summary
- 14.8.4. Recent developments
14.9. Protectapet
- 14.9.1. Company details
- 14.9.2. Financial outlook
- 14.9.3. Product summary
- 14.9.4. Recent developments
14.10. RSA Insurance
- 14.10.1. Company details
- 14.10.2. Financial outlook
- 14.10.3. Product summary
- 14.10.4. Recent developments
14.11. Others