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Roughly 84.9 million or 67% — of U.S. families reported owning a pet in 2019. Collectively, pet owners spent an estimated $18.98 billion on vet care alone last year, as both pet ownership numbers and expenses continue to rise.

Consumer spending on pet medical care has also increased every year since the APPA first officially started collecting data in 2001, as have the sales of pet insurance policies.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].