a place where the concept of pet insurance was originally met with scepticism and challenges. “Unlike countries with a health insurance mentality, South Africa predominantly leans towards medical aid, which remains one of the most significant hurdles in the journey of this extraordinary company...
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The pet insurance market in South Africa is anticipated to witness lucrative market growth, which can be attributed to the contributions of insurance agencies that are improving pet insurance adoption. Tree Digital Insurance Agency, in September 2024, launched a novel digital insurance platform explicitl...
The global pet insurance market size was valued at USD 4.08 billion in 2023. The global market is estimated to be worth USD 4.61 billion in 2024 and is projected to reach USD 12.18 billion by 2032, registering a CAGR of 12.92% from 2024 to 2032. The pet insurance market has witnessed ro...
Pet insurance has become an essential part of cat care. Find a cat health insurance plan that suits your needs - you don't want to be left choosing between your pets life and your budget.
Pet Insurance Market Outlook (2023 to 2033) The pet insurance market is estimated to be valued at US$ 9.53 billion in 2023 and is expected to reach US$ 40 billion by 2033. The adoption of pet insurance is likely to advance at a CAGR of 16.8% during the forecast period. The growing pe...
(NAPHIA), approximately 4.41 million pets were insured in North America at the end of 2021. The pet health insurance marketplace grew by 27.7% over the past year. In addition, as per NAPHIA, total premium volume in the United States amounted to USD 2.6 billion in 2021, a 30.4% annual...
North America's leading position in the pet allergy treatment market is mostly due to the increase in pet ownership, the development of novel therapies, the adoption of pet health insurance, and rising advancements in diagnostic approaches, which are expected to drive the market's growth. ...
16. Out of the 3.1 million insured pets in the US, 83% of them are dogs and 17% of them are cats. (Today’s Veterinary Business) Emergency trips to the vet can be very costly, which is why more pet owners are buying insurance to make sure their pets can get the help they need....
Many owners now opt for pet insurance to safeguard against unexpected medical expenses, emphasizing the growing prioritization of pet health. Additionally, the focus on ethical practices has led to a surge in pet adoption, with shelters and rescues promoting adoption over purchasing. This shift not ...