Global Veterinary Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Service Type;
Non-Medical, and Medical.By Animal Type;
Companion, and Production.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Veterinary Services Market (USD Million), 2021 - 2031
In the year 2023, the Global Veterinary Services Market was valued at USD 130,651.97 million. The size of this market is expected to increase to USD 190,056.69 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.
At its core, the veterinary services market encompasses a diverse range of healthcare providers, including veterinary clinics, hospitals, specialty centers, mobile veterinary practices, and emergency care facilities. These establishments offer a wide array of services tailored to the needs of companion animals, livestock, equines, exotic pets, and wildlife populations. From routine wellness exams and preventive care to advanced diagnostics, surgical interventions, and specialized treatments, veterinary services address the comprehensive healthcare needs of animals throughout their lifespan.
The global veterinary services market is driven by several key factors, including the increasing pet ownership rates, rising demand for companion animal healthcare, and growing awareness of the importance of preventive medicine in veterinary practice. As pet owners prioritize the health and well-being of their animal companions, veterinary services providers are experiencing growing demand for services such as vaccination programs, parasite control, dental care, and nutritional counseling aimed at promoting optimal health and longevity in pets.
The veterinary services market is fueled by advancements in veterinary medicine, technology, and healthcare delivery models. Innovations such as telemedicine, digital health platforms, point-of-care diagnostics, and minimally invasive surgical techniques are reshaping the way veterinary services are delivered, enhancing accessibility, convenience, and quality of care for animals and their owners. The integration of interdisciplinary approaches, including One Health initiatives and collaborative research efforts, further enriches the scope and impact of veterinary services in addressing complex health challenges at the human-animal-environment interface.
Global Veterinary Services Market Recent Developments
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In May 2022, the Chief Minister of Andhra Pradesh, Sri YS Jagan Mohan Reddy, officially launched 175 Mobile Ambulatory Veterinary Clinics (MAVCs) with an investment of Rs 278 crore. The state government aims to establish a total of 340 Dr. YSR Sanchaara Pasu Aarogya Seva (Mobile Ambulatory Veterinary Clinics) to enhance the service delivery system and make veterinary services from the animal husbandry department more accessible to the public.
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In March 2022, Hacarus Inc. partnered with DS Pharma Animal Health to launch its ECG platform. This device measures and analyzes the heart health of dogs, assisting in the early detection of cardiac disease, which is the second leading cause of death in canines.
Segment Analysis
The Global Veterinary Services Market is segmented by Service Type, Animal Type and Geography, reflecting the diverse nature of veterinary care across the globe. By service type, the market includes preventive care, diagnostic services, surgical services, emergency care, and others. Preventive care holds the largest share of the market, driven by rising awareness of pet health and the importance of routine checkups, vaccinations, and parasite control. Diagnostic services, which include laboratory testing, imaging, and consultations, are also crucial for early detection of diseases and conditions in animals. Surgical services, ranging from routine spaying and neutering to more complex procedures, form another essential component of the veterinary services market. Emergency care services are growing rapidly as the demand for urgent treatment options increases, particularly for pets and performance animals.
By animal type, the market is divided into small animals, large animals, and others. Small animals, particularly pets like dogs, cats, and small mammals, represent the largest portion of the market. The increasing number of pet owners and the growing trend of treating pets as family members are driving demand for veterinary services in this segment. Large animals, including livestock like cattle, horses, and sheep, also contribute significantly to the market. Veterinary services for large animals are essential for disease prevention, breeding management, and treatment of injuries, particularly in agriculture-heavy regions. The "others" segment includes exotic animals and zoo species, which require specialized veterinary care due to their unique medical needs and the complexity of their environments.
Geographically, the veterinary services market is segmented into regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America leads the market, driven by a high level of veterinary care infrastructure, a large pet population, and high spending on pet health services. Europe follows closely, with a strong focus on pet wellness, preventive care, and the availability of advanced veterinary services. The Asia-Pacific region is expected to witness significant growth, driven by rising pet ownership, increasing urbanization, and improving veterinary care standards in emerging economies like China and India. The market in Latin America and the Middle East & Africa is also expanding, with increasing recognition of animal welfare and rising demand for both small and large animal care. This segmentation reflects the growing global demand for veterinary services, driven by both companion animal care and agricultural needs.
Global Veterinary Services Segment Analysis
In this report, the Global Veterinary Services Market has been segmented by Service Type, Animal Type and Geography.
Global Veterinary Services Market, Segmentation by Service Type
The Global Veterinary Services Market has been segmented by Service Type into Non-medical and Medical.
Non-medical services encompass a variety of supportive and ancillary services aimed at promoting the overall well-being and welfare of animals. These services include grooming, boarding, daycare, and pet sitting services, which cater to the grooming, socialization, and temporary care needs of companion animals. Additionally, behavioral training, obedience classes, and pet behavior counseling services address behavioral issues, training challenges, and pet-owner relationships, enhancing the bond between animals and their owners. Furthermore, pet nutrition counseling, dietary planning, and weight management programs offer nutritional guidance and support for maintaining optimal health and weight in animals. Non-medical services play a crucial role in promoting preventive care, supporting pet owner education, and enhancing the quality of life for animals in various domestic and companion animal settings.
Medical services encompass a wide range of diagnostic, therapeutic, and surgical interventions aimed at diagnosing, treating, and managing health conditions in animals. These services include preventive care, such as vaccinations, wellness exams, and parasite control measures, aimed at maintaining animal health and preventing the onset of diseases. Additionally, diagnostic services, including laboratory testing, imaging studies, and diagnostic procedures, enable veterinarians to accurately diagnose and monitor various health conditions in animals.
Surgical services encompass routine surgeries, emergency procedures, and specialized surgical interventions to address medical emergencies, injuries, and surgical needs in animals. Furthermore, specialty services, such as oncology, cardiology, dermatology, and orthopedics, cater to the specialized healthcare needs of animals with complex medical conditions or specific health challenges. Medical services play a critical role in promoting animal health, treating diseases, and enhancing the quality of life for animals across different species and veterinary healthcare settings.
Global Veterinary Services Market, Segmentation by Animal Type
The Global Veterinary Services Market has been segmented by Animal Type into Companion and Production.
Companion animals constitute a significant segment of the market, encompassing pets such as dogs, cats, birds, rabbits, and small mammals, which are kept primarily for companionship and recreational purposes. Veterinary services for companion animals focus on promoting overall health, preventing diseases, and addressing medical concerns to ensure the well-being and longevity of these animals. Services for companion animals include preventive care, such as vaccinations, wellness exams, and parasite control, aimed at maintaining optimal health and preventing the onset of diseases. Additionally, diagnostic services, surgical interventions, dental care, and specialty services address specific health conditions, injuries, and medical emergencies in companion animals. Companion animal veterinary services are typically provided in private veterinary clinics, hospitals, specialty centers, and mobile veterinary practices, catering to the healthcare needs of pet owners and their beloved animal companions.
Production animals represent another significant segment of the veterinary services market, comprising livestock species such as cattle, swine, poultry, sheep, and goats, which are raised for food production, agriculture, and other commercial purposes. Veterinary services for production animals focus on promoting animal health, enhancing productivity, and ensuring food safety and security throughout the livestock production cycle. Services for production animals include preventive medicine programs, such as vaccination protocols, biosecurity measures, and herd health management, aimed at preventing infectious diseases and maximizing animal welfare in production settings.
Diagnostic services, reproductive management, nutritional counseling, and emergency care address specific health challenges, reproductive issues, and management concerns in production animals. Production animal veterinary services are provided by veterinarians specializing in food animal medicine, livestock production, and herd health management, often working in collaboration with producers, farmers, and agricultural stakeholders to optimize animal health and productivity in commercial farming operations.
Global Veterinary Services Market, Segmentation by Geography
In this report, the Global Veterinary Services Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Veterinary Services Market Share (%), by Geographical Region, 2024
North America accounts for a significant share of the global veterinary services market, driven by factors such as high pet ownership rates, advanced healthcare infrastructure, and strong demand for companion animal healthcare services. The region is characterized by a well-established network of veterinary clinics, hospitals, specialty centers, and emergency care facilities, offering a wide range of medical, surgical, and preventive care services for companion animals and livestock species.
Europe is another key region in the global veterinary services market, characterized by a diverse landscape of veterinary practices, ranging from private clinics to university-affiliated teaching hospitals and government-run veterinary facilities. The region benefits from robust regulatory frameworks, standardized veterinary education programs, and high standards of animal welfare, driving demand for comprehensive veterinary services across different animal species and healthcare settings.
The Asia Pacific region presents significant growth opportunities in the veterinary services market, fueled by factors such as rising pet ownership rates, increasing urbanization, and growing awareness of preventive medicine in veterinary practice. Rapid economic development, expanding pet care industry, and technological advancements in veterinary medicine are driving investments in veterinary infrastructure and healthcare services, particularly in emerging markets such as China, India, and Southeast Asia.
The Middle East and Africa region is characterized by a diverse landscape of veterinary healthcare systems, ranging from urban centers with advanced veterinary facilities to rural areas with limited access to veterinary services. The region experiences growing demand for veterinary services driven by factors such as urbanization, population growth, and increasing pet ownership rates, driving investments in veterinary infrastructure, education, and healthcare delivery models.
Latin America represents a growing market for veterinary services, propelled by factors such as rising disposable incomes, expanding pet care industry, and increasing emphasis on animal welfare and health. The region is witnessing investments in veterinary education, training, and healthcare infrastructure, leading to the expansion of veterinary services across different animal species and healthcare settings.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Veterinary Services Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Pet Ownership Rates
- Growing Demand for Companion Animal Healthcare
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Advancements in Veterinary Medicine and Technology - One of the primary drivers facilitated by advancements in veterinary medicine and technology is the enhancement of diagnostic capabilities. Advanced imaging modalities such as digital radiography, ultrasound, computed tomography (CT), and magnetic resonance imaging (MRI) offer high-resolution imaging capabilities, allowing veterinarians to visualize internal anatomical structures with greater clarity and detail. These imaging technologies enable early detection and accurate diagnosis of a wide range of health conditions, from musculoskeletal injuries to internal organ abnormalities, facilitating prompt and targeted treatment interventions.
Advancements in laboratory diagnostics have expanded the repertoire of diagnostic tests available to veterinarians, enabling rapid and precise identification of pathogens, genetic markers, and biomarkers associated with various diseases in animals. Molecular diagnostic techniques, including polymerase chain reaction (PCR), nucleic acid sequencing, and immunoassays, offer sensitive and specific detection of infectious agents, genetic mutations, and disease markers, supporting timely diagnosis and personalized treatment approaches in veterinary medicine.
Technological innovations have transformed veterinary surgical practice, enabling minimally invasive techniques, precision surgery, and advanced surgical interventions. Laparoscopy, arthroscopy, and endoscopy allow veterinarians to perform complex surgical procedures with reduced trauma, faster recovery times, and improved patient outcomes. Additionally, advancements in anesthesia, pain management, and monitoring technology ensure the safety and welfare of animals undergoing surgical procedures, enhancing the quality of veterinary surgical care.
Restraints
- Veterinary Workforce Shortages and Skill Gaps
- Financial Constraints and Cost of Veterinary Services
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Regulatory and Compliance Challenges - One major regulatory challenge faced by veterinary service providers is compliance with government regulations and licensing requirements. Veterinary professionals must adhere to stringent licensing procedures, educational qualifications, and professional certifications mandated by regulatory authorities to practice veterinary medicine legally. These requirements often involve rigorous training programs, examinations, and continuing education credits to ensure veterinary professionals maintain competency and stay abreast of advancements in veterinary science and healthcare delivery.
Veterinary service providers must comply with regulatory standards and guidelines governing the operation of veterinary clinics, hospitals, and diagnostic laboratories. These standards encompass facility design, equipment maintenance, sanitation protocols, waste management practices, and infection control measures to safeguard animal health, ensure workplace safety, and prevent the spread of infectious diseases among animals and humans.
Veterinary drug regulations and pharmaceutical laws present additional challenges for veterinary service providers, particularly in terms of drug procurement, prescription management, and medication dispensing practices. Veterinary professionals must comply with regulatory requirements for prescribing, administering, and dispensing medications to animals, including controlled substances, antibiotics, and prescription drugs, while adhering to ethical principles, patient confidentiality, and pharmacovigilance protocols.
Opportunities
- Expansion of Telemedicine and Digital Health Solutions
- Development of Preventive Care Programs and Wellness Plans
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Adoption of Interdisciplinary Approaches such as One Health Initiatives - One Health is a collaborative approach that recognizes the interconnectedness of human, animal, and environmental health and advocates for integrated solutions to address shared health concerns. By fostering collaboration between veterinary medicine, human medicine, environmental science, public health, and other disciplines, One Health initiatives aim to promote holistic approaches to disease prevention, surveillance, and control, ultimately improving health outcomes for both people and animals.
The adoption of One Health initiatives offers several key benefits and opportunities. Firstly, One Health approaches enable the early detection and prevention of zoonotic diseases, which are infections that can be transmitted between animals and humans. By leveraging veterinary expertise in animal disease surveillance, monitoring, and control, alongside human health surveillance systems, One Health initiatives enhance the capacity to detect emerging zoonotic threats, such as avian influenza, rabies, and Ebola virus disease, and implement timely interventions to prevent their spread across species boundaries.
One Health initiatives facilitate collaborative research efforts and data sharing between veterinary and human health sectors, enabling a better understanding of disease transmission dynamics, risk factors, and drivers of emerging infectious diseases. By integrating insights from animal health, environmental health, and epidemiology, One Health research contributes to the development of evidence-based strategies for disease prevention, vaccination campaigns, and outbreak response efforts, benefiting both human and animal populations.
Competitive Landscape Analysis
Key players in Global Veterinary Services Market include:
- CVS Group Plc
- Mars Inc
- National Veterinary Associates
- Pets at Home Group PLC
- Greencross Vets
- Fetch! Pet Care
- IVC Evidensia
- A Place for Rover Inc
- PetSmart LLC
- Airpets International
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Service Type
- Market Snapshot, By Animal Type
- Market Snapshot, By Region
- Global Veterinary Services Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Increasing Pet Ownership Rates
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Growing Demand for Companion Animal Healthcare
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Advancements in Veterinary Medicine and Technology
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- Restraints
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Veterinary Workforce Shortages and Skill Gaps
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Financial Constraints and Cost of Veterinary Services
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Regulatory and Compliance Challenges
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- Opportunities
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Expansion of Telemedicine and Digital Health Solutions
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Development of Preventive Care Programs and Wellness Plans
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Adoption of Interdisciplinary Approaches such as One Health Initiatives
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Veterinary Services Market, By Service Type, 2021 - 2031 (USD Million)
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Non-medical
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Medical
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- Global Veterinary Services Market, By Animal Type, 2021 - 2031 (USD Million)
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Companion
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Production
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- Global Veterinary Services Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Veterinary Services Market, By Service Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- CVS Group Plc
- Mars Inc.
- National Veterinary Associates
- Pets at Home Group PLC
- Greencross Vets
- Fetch! Pet Care
- IVC Evidensia
- A Place for Rover Inc
- PetSmart LLC
- Airpets International
- Company Profiles
- Analyst Views
- Future Outlook of the Market