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According to a survey conducted by the American Pet Products Association, in 2019 approximately 70% of American households include a pet,
1 a number that we will likely see increase this year as a result of COVID-19.
2 It seems inevitable that this rise in pet adoption will result in an increase in consumer spending on these additional “family members.” With the pet industry already at nearly $70B in consumer spending,
3 $1.56B of which is spent on pet insurance premiums, it is no wonder regulatory agencies are taking a second look at consumer protections such products afford.
Cats Versus Dogs: Which Are Cheaper? msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
The 25 Most Expensive Dog Breeds
On 2/16/21 at 7:00 AM EST
Owning a dog can be expensive depending on the dog breed you choose, with some requiring more medical care than others, in addition to other costs.
Americans reportedly spend an average of $1,675 per year on their dog, with purebred dogs costing five times more than a mutt or mixed dog, Prudent Pet Insurance reported last year.
Purebreds, short-nosed dogs and large dogs have the highest pet insurance rates, while mixed breeds have the lowest rates as they are less prone to genetically predisposed ailments, the North American Pet Health Insurance Association notes.
Search jobs 15-Jan-2021 Veterinary Health Products Market Trends Evaluation 2021-2027 By Leading Players Updates, Consumer-Demand, Industry Development and Forecast to 2027 | BMRC
Pune, Maharashtra, India, January 15 2021 (Wiredrelease) Brandessence Market Research and Consulting Pvt ltd –:Global Veterinary Health Products Market is valued at USD 36.91 Billion in 2018 and expected to reach USD 71.02 Billion by 2025 with the CAGR of 9.80% over the forecast period.
Increasing prevalence of pet insurance is the major growth factor of the global Veterinary Health Products market growth.
Scope of Global Veterinary Health Products Market Report–
Veterinary medicine, also called veterinary science has made many important contributions to animal and human health. Veterinary medicine is the part of medicines which are prevent, diagnosis and helpful in the disease, disorder and injury recovery in animal. The wide ranges of animals are cr