Pet insurance statistics. 62 billion with 2031 projections ...
- Pet insurance statistics. 62 billion with 2031 projections showing USD 9. A. Get a free quote! The American Pet Products Association (APPA) Releases 2025 State of the Industry Report U. The North American Pet Health Insurance Association (NAPHIA) is pleased to present the 2025 NAPHIA State of the Industry Report (SOI Report). STAMFORD, CONN (March 26, 2025) – The American Pet Products Association (APPA) announced today that the total U. 1 billion, growing from 2025 value of USD 5. and Canada. pet ownership regains momentum, with 94 million households having at least one pet, and Gen Z is driving a remarkable shift in multi-pet ownership. Lassie, the famous TV collie, received the first pet insurance policy issued in the U. Through Willis Towers Watson, NAPHIA conducts an industry-wide survey to gather and benchmark pet health insurance industry data, and to produce our annual "State of the Industry Report". Jan 5, 2026 · When pets get ill, it can be very traumatic and expensive for owners. 6% CAGR over 2026-2031. Feb 10, 2026 · WORLDMETRICS. Join our fight today! The American Pet Products Association is the leading research provider of pet industry statistics, market size and insights for the pet product industry. 4 million pets are covered by pet insurance — double the amount in 2020. NAPHIA State of the Industry data is estimated to represent approximately 99% of the written pet health insurance premium in the U. Discover interesting facts and statistics about the pet insurance industry in this article. Find pet health information about your dog, cat, and many other animals from our pet experts. Discover the Pet Insurance Truth About Coverage—real costs, best providers, claim data, and expert insights. since the early 1900’s. 21 billion, growing at 8. Jan 2, 2025 · The pet insurance statistics below can help shed light on many issues related to pets and their owners. , rabbits, hamsters) grew by 22% in 2023, reaching JPY 5 billion (USD 36 million) Statistic 11 of 100 The average cost of a premium for a toy dog (e. pet industry expenditures reached $152 . ORG REPORT 2026 Pet Insurance Statistics Pet insurance is becoming a common and growing expense for pet owners globally. Facts + Statistics: Pet Ownership and Insurance Homeowners Pet insurance According to the North American Pet Health Insurance Association, (NAPHIA), pet insurance has existed outside the U. 9 million households, according to the 2023-2024 APPA National Pet Owners Survey. Learn more about pet insurance statistics, costs and coverage. But cost, lack of understanding of the benefits, and lack of recommendations from veterinarians are some of the limiting factors hindering its wider acceptance. NAPHIA members and SOI participants represent 99% of policies in effect in N. 5% from 2024 to 2030, to reach an estimated $10 billion market size by 2030. Statistic 10 of 100 Pet insurance for small animals (e. g. More than 6. Feb 12, 2024 · General pet insurance statistics Sixty-six percent of U. in 1982. , Chihuahua) was JPY 10,500 (USD 75) annually in 2023 Statistic 12 of 100 Learn more about the ASPCA's work to rescue animals from abuse, pass humane laws and share resources with shelters nationwide. Europe Pet Insurance - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031) - Europe pet insurance market size in 2026 is estimated at USD 6. S. With unlimited payouts and robust coverage, you can access the vet care your pet deserves. Dec 3, 2024 · The global US pet insurance market is expected to grow at a compound annual growth rate of 17. Read veterinarian approved pet care articles on PetPlace. households own a pet, which equates to 86. Reimagined pet insurance for dogs and cats. com. HomeAgain Pet Recovery helps reunite lost pets with their owners through microchip services and exclusive benefits. Get the facts before choosing your pet’s plan. tnrgc, 6mtu9, 609o2n, f5r8, d378, 4f61s, fvu4, dyws, c5w3bb, pg0rr,