Source: Trupanion
Specialty Veterinary care is rapidly growing, driven by rising pet healthcare costs and increased pet insurance adoption. While Veterinary bills have surged 30-38% since 2019, insured pet owners are more likely to pursue advanced treatments.
Trupanion’s analysis of 5.7 million claims reveals a sharp increase in specialty care claims, particularly in neurology (+47%), cardiology (+55%), and oncology (+73%). The cost per claim has also risen, with dentistry (+38%) and cardiology (+34%) seeing significant jumps. Factors contributing to this trend include longer pet lifespans, improved insurance coverage, and an aging pet population—with 52% of U.S. dog owners now caring for senior dogs (7+ years old).
As demand grows, Veterinary practices are adapting by expanding specialized services, investing in advanced technology, and training specialists. Trupanion leaders emphasize that quality pet insurance ensures pets receive top-tier medical care while easing financial burdens on pet owners.