Table of Content - Veterinary Services Market

Global veterinary services market is estimated to be valued at USD 118.24 Bn in 2024, and is expected to exhibit a CAGR of 7.2% during the forecast period (2024-2031). The global veterinary services market has been witnessing steady growth over the past few years owing to the rising pet adoption worldwide. Growing humanization of pets has made people view their pet animals as companions rather than just livestock or means of income. With increased pet ownership, demand for routine check-ups, vaccinations, surgery, and other medical care is also rising steadily. Furthermore, advancements in veterinary healthcare infrastructure along with growing awareness about animal welfare have been supporting the expansion of the global veterinary services market. However, the inadequate availability of veterinary practitioners and professionals in some parts of the world continues to pose challenges.

Market Dynamics:

Rising pet adoption rates across major economies along with the growing trend of humanization of pets is a key factor driving the growth of the global veterinary services market. According to recent estimates, there are over 350 million pets in Europe and North America combined. Affordable pet insurance schemes are further fueling the demand for veterinary healthcare services. However, a shortage of trained veterinary workforce, especially in rural areas of developing nations, is limiting greater access to these services. High setup and operational costs associated with veterinary hospitals and clinics also acts as a restraint. On the flip side, the growing focus on animal health and welfare by governments and non-profit organizations is creating new opportunities for market expansion. Increased focus on companion animal health through vaccine development, nutrition, and preventive care is expected to present lucrative opportunities for players in the coming years.

Key Features of the Study:

This report provides an in-depth analysis of the global veterinary services market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global veterinary services market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this includes CVS Group PLC, Greencross Vets, Ethos Veterinary Health, Idexx Laboratories Inc., Pets at Home Group PLC, CityVet Inc., FirstVet AB, Kremer Veterinary Services, Armor Animal Health (Animart), PetSmart LLC, Airpets International, Mars, Incorporated, Petiq LLC, and National Veterinary Care Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global antibiotics market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global veterinary services market

Detailed Segmentation-

By Service Type:
- Diagnostic Tests and Imaging
- Physical Health Monitoring
- Preventative Care
- Others
By Animal type:
- Companion Animal
- Farm Animal
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles:
- CVS Group PLC
- Greencross Vets
- Ethos Veterinary Health
- Idexx Laboratories Inc.
- Pets at Home Group PLC
- CityVet Inc.
- FirstVet AB
- Kremer Veterinary Services
- Armor Animal Health (Animart)
- PetSmart LLC
- Airpets International
- Mars, Incorporated
- Petiq LLC
- National Veterinary Care Ltd.

Table of Contents

Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

Market Purview

Report Description

Market Definition and Scope

Executive Summary

Market Snapshot, By Service Type
Market Snapshot, By Animal Type
Market Snapshot, By Region

Coherent Opportunity Map (COM)

Market Dynamics, Regulations, and Trends Analysis

Market Dynamics

Drivers
Restraints
Opportunities

Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Manufacturer Revenue
Acquisitions and Partnerships Scenario
Product Launches/Approvals
Funding and Investments
PEST Analysis
Porter’s Analysis

Global Veterinary Services Market - Impact of Coronavirus (COVID-19) Pandemic

Overall Impact
Government Initiatives
COVID-19 Impact on the Market

Global Veterinary Services Market, By Service Type, 2019 – 2031, (USD Bn)

Overview

Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends

Diagnostic Tests and Imaging

Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)

Physical Health Monitoring

Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)

Preventative Care

Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)

Others

Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)

Global Veterinary Services Market, By Animal Type, 2019 – 2031, (USD Bn)

Overview

Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019 – 2031
Segment Trends

Companion Animal

Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)

Farm Animal

Overview
Market Size and Forecast, and Y-o-Y Growth, 2019–2031, (USD Bn)

Global Veterinary Services Market, By Region, 2019 – 2031, (USD Bn)

Introduction

Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2019–2031
Regional Trends

North America

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)

U.S.
Canada

Latin America

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)

Brazil
Mexico
Argentina
Rest of Latin America

Europe

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)

U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe

Asia Pacific

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)

China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific

Middle East

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 – 2031, (USD Bn)

GCC
Israel
Rest of Middle East

Africa

Introduction
Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Animal Type, 2019 - 2031, (USD Bn)
Forecast, and Y-o-Y Growth, By Country/Region, 2019 – 2031, (USD Bn)

North Africa
Central Africa
South Africa

Competitive Landscape

Company Profiles

CVS Group PLC*

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

Greencross Vets

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

Ethos Veterinary Health

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

Idexx Laboratories Inc.

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

Pets at Home Group PLC

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

CityVet Inc.

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

FirstVet AB

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

Kremer Veterinary Services

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

Armor Animal Health (Animart)

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

PetSmart LLC

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

Airpets International

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

Mars, Incorporated

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

Petiq LLC

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

National Veterinary Care Ltd.

Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Market Strategies

Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
References and Research Methodology
- References
- Research Methodology
- About Us and Sales Contact

*Browse 20 market data tables and 27 figures on "Veterinary Services Market” - Global forecast to 2031

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