The epidemiological situation of Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-COV2) in humans and animals is continually evolving. Given the probable animal origin of SARS-COV2 and the recent case reports in pets, especially cats and dogs, and their close contact with humans, it is critical to comprehend how sensitive SARS-COV2 is to humans and vice versa in order to control the coronavirus infectious disease 19 (COVID-19) pandemic. The most susceptible companion animals to get SARS-COV2 infection include cats, ferrets, and hamsters. The virus SARS-COV2 that is carried from pets to humans is generally thought to have little to no effect on the viral transmission across the broader community, and there is little evidence of mutations. Thus, there is no requisite for specialized surveillance programs for SARS-COV2 infection in pets; in most cases, testing should only be done on pet owners or veterinarians who interact with these animals. It is recommended to properly dispose of human waste in order to lower the probability of SARS-COV2 spreading to animals. Additionally, it is best to avoid contact with pets, particularly if they are ill or deceased. In addition to evaluating animals exhibiting clinical indications, monitoring is advised for household pets. In conclusion, while there is evidence supporting the correlation between receptor profiles and SARS-CoV-2 infection rates in pets, further studies are warranted to clarify the implications for public health and animal health management.