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Veterinary Services-Global Market Insights and Sales Trends 2024
Synopsis
The global Veterinary Services market size is expected to reach US$ 105740 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Veterinary Services in various end use industries. The expanding demands from the Veterinary Clinic and Veterinary Hospital, are propelling Veterinary Services market. Veterinary Drug, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Veterinary Devices segment is estimated at % CAGR for the next seven-year period.
Pet medical care is the second largest segment in pet industry. In the UK, annual spending on veterinary and other pet services has risen from £2.6bn in 2015 to £4bn in 2021, a 54% increase in just six years. According to Vetnosis, the value of the global animal health industry will increase by 12% to $38.3 billion in 2021. White Paper on China's Pet Healthy Consumption of JD shows that in 2023, there are 13.09 million pets entering middle age and old age. And pet aging is expected to be seen in the next few years. Changes in the age structure of pets will further bring about the development of the pet medical industry. According to the data of the 2022 China Pet Medical Industry White Paper, from the perspective of market size, the scale of China's pet medical market is about ¥67.5 billion, accounting for about 22.5% of the entire pet industry. From the perspective of hospital operation time, pet hospitals within 5 years accounted for about 73%. About 11% of the pet hospitals have been in operation for more than 10 years. From the perspective of hospital turnover, nearly 40% of the hospitals have increased their annual turnover year-on-year, and the growth rate is mainly within 105%.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Veterinary Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Veterinary Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Veterinary Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Veterinary Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Veterinary Services covered in this report include Abaxis, VCA (all based in the US), Benfield Pet Hospital, Greencross Vets (Australia), CVS Group (UK), The Bergh Memorial Animal Hospital and The Animal Medical Center, etc.
The global Veterinary Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abaxis
VCA (all based in the US)
Benfield Pet Hospital
Greencross Vets (Australia)
CVS Group (UK)
The Bergh Memorial Animal Hospital
The Animal Medical Center
Global Veterinary Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Veterinary Services market, Segment by Type:
Veterinary Drug
Veterinary Devices
Global Veterinary Services market, by Application
Veterinary Clinic
Veterinary Hospital
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Veterinary Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Veterinary Services market size is expected to reach US$ 105740 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Veterinary Services in various end use industries. The expanding demands from the Veterinary Clinic and Veterinary Hospital, are propelling Veterinary Services market. Veterinary Drug, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Veterinary Devices segment is estimated at % CAGR for the next seven-year period.
Pet medical care is the second largest segment in pet industry. In the UK, annual spending on veterinary and other pet services has risen from £2.6bn in 2015 to £4bn in 2021, a 54% increase in just six years. According to Vetnosis, the value of the global animal health industry will increase by 12% to $38.3 billion in 2021. White Paper on China's Pet Healthy Consumption of JD shows that in 2023, there are 13.09 million pets entering middle age and old age. And pet aging is expected to be seen in the next few years. Changes in the age structure of pets will further bring about the development of the pet medical industry. According to the data of the 2022 China Pet Medical Industry White Paper, from the perspective of market size, the scale of China's pet medical market is about ¥67.5 billion, accounting for about 22.5% of the entire pet industry. From the perspective of hospital operation time, pet hospitals within 5 years accounted for about 73%. About 11% of the pet hospitals have been in operation for more than 10 years. From the perspective of hospital turnover, nearly 40% of the hospitals have increased their annual turnover year-on-year, and the growth rate is mainly within 105%.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Veterinary Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Veterinary Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Veterinary Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Veterinary Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Veterinary Services covered in this report include Abaxis, VCA (all based in the US), Benfield Pet Hospital, Greencross Vets (Australia), CVS Group (UK), The Bergh Memorial Animal Hospital and The Animal Medical Center, etc.
The global Veterinary Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abaxis
VCA (all based in the US)
Benfield Pet Hospital
Greencross Vets (Australia)
CVS Group (UK)
The Bergh Memorial Animal Hospital
The Animal Medical Center
Global Veterinary Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Veterinary Services market, Segment by Type:
Veterinary Drug
Veterinary Devices
Global Veterinary Services market, by Application
Veterinary Clinic
Veterinary Hospital
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Veterinary Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Veterinary Services
1.1 Veterinary Services Market Overview
1.1.1 Veterinary Services Product Scope
1.1.2 Veterinary Services Market Status and Outlook
1.2 Global Veterinary Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Veterinary Services Market Size by Region (2018-2029)
1.4 Global Veterinary Services Historic Market Size by Region (2018-2023)
1.5 Global Veterinary Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Veterinary Services Market Size (2018-2029)
1.6.1 North America Veterinary Services Market Size (2018-2029)
1.6.2 Europe Veterinary Services Market Size (2018-2029)
1.6.3 Asia-Pacific Veterinary Services Market Size (2018-2029)
1.6.4 Latin America Veterinary Services Market Size (2018-2029)
1.6.5 Middle East & Africa Veterinary Services Market Size (2018-2029)
2 Veterinary Services Market by Type
2.1 Introduction
2.1.1 Veterinary Drug
2.1.2 Veterinary Devices
2.2 Global Veterinary Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Veterinary Services Historic Market Size by Type (2018-2023)
2.2.2 Global Veterinary Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Veterinary Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Veterinary Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Veterinary Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Veterinary Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Veterinary Services Revenue Breakdown by Type (2018-2029)
3 Veterinary Services Market Overview by Application
3.1 Introduction
3.1.1 Veterinary Clinic
3.1.2 Veterinary Hospital
3.2 Global Veterinary Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Veterinary Services Historic Market Size by Application (2018-2023)
3.2.2 Global Veterinary Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Veterinary Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Veterinary Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Veterinary Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Veterinary Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Veterinary Services Revenue Breakdown by Application (2018-2029)
4 Veterinary Services Competition Analysis by Players
4.1 Global Veterinary Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Veterinary Services as of 2022)
4.3 Date of Key Players Enter into Veterinary Services Market
4.4 Global Top Players Veterinary Services Headquarters and Area Served
4.5 Key Players Veterinary Services Product Solution and Service
4.6 Competitive Status
4.6.1 Veterinary Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Abaxis
5.1.1 Abaxis Profile
5.1.2 Abaxis Main Business
5.1.3 Abaxis Veterinary Services Products, Services and Solutions
5.1.4 Abaxis Veterinary Services Revenue (US$ Million) & (2018-2023)
5.1.5 Abaxis Recent Developments
5.2 VCA (all based in the US)
5.2.1 VCA (all based in the US) Profile
5.2.2 VCA (all based in the US) Main Business
5.2.3 VCA (all based in the US) Veterinary Services Products, Services and Solutions
5.2.4 VCA (all based in the US) Veterinary Services Revenue (US$ Million) & (2018-2023)
5.2.5 VCA (all based in the US) Recent Developments
5.3 Benfield Pet Hospital
5.3.1 Benfield Pet Hospital Profile
5.3.2 Benfield Pet Hospital Main Business
5.3.3 Benfield Pet Hospital Veterinary Services Products, Services and Solutions
5.3.4 Benfield Pet Hospital Veterinary Services Revenue (US$ Million) & (2018-2023)
5.3.5 Greencross Vets (Australia) Recent Developments
5.4 Greencross Vets (Australia)
5.4.1 Greencross Vets (Australia) Profile
5.4.2 Greencross Vets (Australia) Main Business
5.4.3 Greencross Vets (Australia) Veterinary Services Products, Services and Solutions
5.4.4 Greencross Vets (Australia) Veterinary Services Revenue (US$ Million) & (2018-2023)
5.4.5 Greencross Vets (Australia) Recent Developments
5.5 CVS Group (UK)
5.5.1 CVS Group (UK) Profile
5.5.2 CVS Group (UK) Main Business
5.5.3 CVS Group (UK) Veterinary Services Products, Services and Solutions
5.5.4 CVS Group (UK) Veterinary Services Revenue (US$ Million) & (2018-2023)
5.5.5 CVS Group (UK) Recent Developments
5.6 The Bergh Memorial Animal Hospital
5.6.1 The Bergh Memorial Animal Hospital Profile
5.6.2 The Bergh Memorial Animal Hospital Main Business
5.6.3 The Bergh Memorial Animal Hospital Veterinary Services Products, Services and Solutions
5.6.4 The Bergh Memorial Animal Hospital Veterinary Services Revenue (US$ Million) & (2018-2023)
5.6.5 The Bergh Memorial Animal Hospital Recent Developments
5.7 The Animal Medical Center
5.7.1 The Animal Medical Center Profile
5.7.2 The Animal Medical Center Main Business
5.7.3 The Animal Medical Center Veterinary Services Products, Services and Solutions
5.7.4 The Animal Medical Center Veterinary Services Revenue (US$ Million) & (2018-2023)
5.7.5 The Animal Medical Center Recent Developments
6 North America
6.1 North America Veterinary Services Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Veterinary Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Veterinary Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Veterinary Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Veterinary Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Veterinary Services Market Dynamics
11.1 Veterinary Services Industry Trends
11.2 Veterinary Services Market Drivers
11.3 Veterinary Services Market Challenges
11.4 Veterinary Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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