The economic value of pet ownership is shown in this study. Print, broadcast and online media are sharing the information.
Source: Petfood Industry, December 28, 2015.
While additional health benefits associated with pet ownership have been documented by scientific research, the economists were unable to determine specific cost data associated with those findings. Researchers looked at scientific studies showing a positive impact from pet ownership on infection control, cardiovascular disease, hypertension, cholesterol, allergies, stress, blood pressure and psychological issues, and concluded that further economic data was necessary before health care savings could be calculated. According to the report, “because this analysis is limited and conservative, the health care cost savings associated with pet ownership is likely to be even greater.”