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The UK Veterinary Healthcare Market Report is Segmented by Product (Therapeutics, Diagnostics, and Other Products) and Animal Type (Dogs and Cats, Horses, Ruminants, Swine, Poultry, and Other Animal Types). The Report Offers the Value (USD) for the Above Segments.
In 2024, the total number of employed and self-employed veterinarians in the UK was approximately 35.5 thousand. This number has been fluctuating in the recorded period with an upward trend. The practice of veterinary medicine is regulated by the Royal College of Veterinary Surgeons (RCVS) in the United Kingdom. Veterinary medicine can only be performed by fully qualified and regulated professionals as subject to the Veterinary Surgeons Act 1966. In the United kingdom pets make up an important aspect of family life with households spending 4.7 billion British pounds a year in 2022 on veterinary and other pet services. In 2022, UK households spent an average of 2.8 British pounds on pet food and a further 2.5 British pounds on veterinary and other services for pets every week.
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The Europe Animal Healthcare Market Report is Segmented by Product (Therapeutics and Diagnostics), Animal Type (Dogs and Cats, Horses, Ruminants, Swine, Poultry, and Other Animals), and Geography (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe). The Market Size and Value (in USD) for the Above Segments.
This statistic displays the market value of pet care services by category in the United Kingdom from 2016 to 2023. In 2023, vet services amounted to a total market value of 2.8 billion British pounds, an increase of 100 million on the previous year.
This statistic shows the revenue of the industry “veterinary activities“ in the United Kingdom from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of veterinary activities in the United Kingdom will amount to approximately 5,558.03 million U.S. Dollars by 2025.
The Veterinary Services industry’s revenue is anticipated to expand at a compound annual rate of 0.2% to €32.9 billion over the five years through 2024. Revenue expansion has been driven by a surge in pet ownership in response to the COVID-19 outbreak, growing awareness for animal health and the growing availability of advanced surgical and diagnostic procedures for animals. Individuals spent prolonged periods at home during lockdowns, driving many to buy pets. In turn, demand for veterinary services for insurance and health checks climbed. The industry has undergone sizeable consolidation activity over the past decade, driven by private equity-backed veterinary companies achieving significant expansion into emerging sectors and regions by acquiring small practices. High agricultural income, rising pet ownership and improving consumer sentiment are expected to contribute to revenue growth since 2020. The expansion in prices and pet products is weighing on demand for vet services, cutting revenue by 0.3% in 2024. Vet service providers unable to pass on higher prices to both individual and insurance customers have caused profitability to tumble. Revenue is expected to grow at a compound annual rate of 6.1% over the five years through 2029 to €44.2 billion. Pet owners typically view spending on their pet's veterinary care as essential, so spending is generally resilient to fluctuations in income. As pet ownership rates climb, demand will follow suit. Rising rates of obesity and related health issues in pets, including diabetes and heart disease, are set to fuel demand for veterinary services. Technological progress in human healthcare will trickle down and enhance veterinary services, fostering further growth.
Expert industry market research on the Veterinary Services in the UK (2013-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.
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[250 Pages Report] According to FMI, the global veterinary services market in 2021 was worth US$ 102.3 Billion. The estimated market growth rate from 2022 to 2032 is 8.4%, which is much greater than the historical rate. According to the study, veterinary services revenue will expand 2.4X from 2022 to 2032, reaching roughly US$ 244.4 Billion in 2032, supported by:
Attributes | Details |
---|---|
Veterinary Services Market CAGR (2022 to 2032) | 8.4% |
Veterinary Services Market Size (2022) | US$ 109.8 Billion |
Veterinary Services Market Size (2032) | US$ 244.4 Billion |
Veterinary Services Market Report Scope
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | US$ Billion for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA |
Key Countries Covered | USA, UK, China, Japan, South Korea |
Key Market Segments Covered | Animal Type, Region |
Key Companies Profiled |
|
Pricing | Available upon Request |
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The United Kingdom Pet Food Market is segmented by Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets), by Pets (Cats, Dogs) and by Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of pet food by products, distribution channels, and pets.
This statistic shows total consumer spending on veterinary and other services for pets in the United Kingdom from 2005 to 2023. In 2023, expenditure totaled over 7.2 billion British pounds, compared to around 1.1 billion British pounds in 2005.
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The UK Pet Nutraceuticals Market is segmented by Sub Product (Milk Bioactives, Omega-3 Fatty Acids, Probiotics, Proteins and Peptides, Vitamins and Minerals), by Pets (Cats, Dogs) and by Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of pet food by products, distribution channels, and pets.
Animal Healthcare Market Size 2024-2028
The animal healthcare market size is forecast to increase by USD 10.34 billion at a CAGR of 4.48% between 2023 and 2028.
The market is experiencing significant growth, driven by the increasing trend of pet ownership and rising awareness regarding disease prevention and pet insurance. This market is poised for continued expansion as the number of pet owners continues to rise. Insecticides and vaccines are essential for preventing and controlling diseases in livestock and aquaculture. Furthermore, the growing concern over contamination in animal source foods has led to a heightened focus on animal healthcare, creating new opportunities for market participants. Despite these positive trends, challenges remain.
Regulatory compliance and stringent regulations pose significant hurdles for market entrants. Additionally, the high cost of research and development for new animal healthcare products can limit profitability for some companies. To capitalize on market opportunities and navigate challenges effectively, companies must stay abreast of regulatory changes and invest in research and development to bring innovative solutions to market. Strategic partnerships and collaborations can also help companies expand their reach and share resources, ultimately driving growth in the market.
What will be the Size of the Animal Healthcare Market During the Forecast Period?
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Radiology and veterinary ultrasound are increasingly being used for diagnosing animal health issues. The food supply chain is also impacting the market, with a growing emphasis on precision farming and data analytics to optimize animal health and productivity. Nutraceuticals and biotech solutions are gaining popularity in pet care, offering natural and effective health solutions. The market is experiencing robust growth due to increasing animal ownership, rising awareness about disease prevention, and technological advancements. Animal feed additives, insecticides, monoclonal antibodies, veterinary software, and nutraceuticals are key areas of focus, with technological innovations transforming the landscape. The food supply chain, pet care, and e-commerce are also significant drivers of market growth.
How is this Animal Healthcare Industry segmented?
The animal healthcare industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Pharmaceutical
Feed additive
Biologicals
Animal Type
Livestock
Companion animals
Distribution Channel
Retail
E-commerce
Hospital/Clinic Pharmacy
Geography
North America
US
Europe
Germany
UK
France
Asia
China
Rest of World (ROW)
By Product Insights
The pharmaceutical segment is estimated to witness significant growth during the forecast period. The market encompasses various sectors, including veterinary hospitals, pet insurance, pet humanization, companion animal vaccines, pet adoption, telemedicine, and more. According to recent statistics, animal healthcare expenditure is projected to reach significant heights, driven by the rising pet ownership and increasing concern for animal welfare. Pharmaceuticals, a key segment, offers a range of products such as parasiticides, antibiotics, and anti-inflammatory drugs in forms like sprays, tablets, and sterile injections. These drugs address issues like tick-borne diseases, rabies, and fever, contributing to market expansion.
The market also includes biologics, vaccines, diagnostics, instruments and devices, equipment, critical care consumables, and anesthesia equipment. Strict government regulations ensure animal drug approval, while research and development in areas like biotechnology, genome editing, and cell-based therapies continue to shape the industry.
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The pharmaceutical segment was valued at USD 15.43 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in North America, primarily driven by the US, is expanding due to the high pet ownership rate and increasing pet humanization. With over 84 million households owning pets In the US, animals such as cats and dogs are treated with the same care and attention as family members. As pets age or fall ill, they require veterinary care for conditions like otitis externa, diabetes mellitus, and
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Forecast: Production Value of Veterinary Services in the UK 2024 - 2028 Discover more data with ReportLinker!
Base Year 2023 Forecast Period 2024-2028 Market Growth X.XX%*
Veterinary Software Market Size 2024-2028
The veterinary software market size is forecast to increase by USD 164.9 million at a CAGR of 5.41% between 2023 and 2028.
The market is experiencing significant growth due to several key factors. The rising pet population in both developed and developing countries is driving market demand, as the need for efficient and effective veterinary care increases. Additionally, growing awareness about disease prevention and pet insurance is leading to an increased focus on technology solutions to manage veterinary practices. The market encompasses a range of information systems designed to streamline operations and enhance the delivery of quality pet care in hospitals and clinics. In developing countries, the shortage of veterinary clinics is being addressed through the adoption of veterinary software, enabling remote consultations and improved access to veterinary services. These trends are expected to continue shaping the market In the coming years.
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The solutions cater to the unique needs of veterinary practices, offering features such as practice management, billing and invoicing, resource management, inventory control, veterinary imaging, and adherence to health guidelines. The market's growth is driven by the increasing number of companion animals, rising pet insurance coverage, and escalating animal health expenditure. Veterinarians increasingly rely on these systems to manage their practices efficiently, ensuring accurate record-keeping, seamless communication, and improved patient care. Digital imaging systems are also gaining traction, enabling veterinarians to make informed diagnoses and provide better treatment plans. Overall, the market is experiencing growth, offering significant opportunities for innovation and expansion.
How is this Veterinary Software Industry segmented and which is the largest segment?
The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Practice management software
Imaging software
Deployment
On-premise
Cloud-based
Geography
North America
US
Europe
Germany
UK
France
APAC
China
Middle East and Africa
South America
By Product Insights
The practice management software segment is estimated to witness significant growth during the forecast period. The market growth is driven by the increasing use of information systems in healthcare practices, including veterinary care. In 2023, practice management software (PMS) held the largest market share due to its ability to support and document care protocols, monitor patient health through billing and resource management, and manage inventory and treatment processes. PMS contributes to operational efficacy and profitability by streamlining workflows in veterinary practices. New veterinary software solutions enable direct access to diagnostic lab results, reducing treatment times and enhancing client experience. Key functionalities include appointment booking, patient portals, inventory control, treatment procedure management, patient health condition tracking, and decision-making tools.
Software updates, customization options, data centralization capabilities, interoperability, and storage flexibility are essential features. The market caters to multi-location veterinary hospitals and independent clinics, focusing on small and large animal practices, surgery, imaging, emergency care, and specialized treatments. Veterinary software adoption is influenced by factors such as companion animal ownership, pet insurance, and animal health expenditure. Emerging countries present significant growth opportunities for standard software solutions tailored to their specific requirements.
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The Practice management software segment was valued at USD 242.40 million in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The North American market is experiencing significant growth due to increasing pet ownership and advancements in veterinary diagnostics. According to the American Pet Products Association (APPA), approximately 85 million families in the US and Canada owned pets in 2019-2020. With over 60 million US households having
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The UK Pet Treats Market is segmented by Sub Product (Crunchy Treats, Dental Treats, Freeze-dried and Jerky Treats, Soft & Chewy Treats), by Pets (Cats, Dogs) and by Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of pet food by products, distribution channels, and pets.
Animal Health Diagnostics Market Size 2025-2029
The animal health diagnostics market size is forecast to increase by USD 2.1 billion at a CAGR of 9.1% between 2024 and 2029. The market is experiencing robust growth, driven by several key factors. The increasing trend of pet humanization, where pets are considered as family members and their health is prioritized, is a significant factor fueling market expansion. Additionally, the rising awareness about zoonotic diseases, which can be transmitted from animals to humans, is leading to a greater emphasis on animal healthcare and diagnostics. Furthermore, the increasing dependency on livestock products for food production necessitates advanced diagnostics to ensure animal health and productivity. Market growth is also influenced by the demand for innovative solutions in pet care and advancements in technology. The transition towards more efficient systems, better accessibility, and higher industry standards is a priority for companies in this market. Sustainability and operational efficiency are crucial elements of these strategies, enabling businesses to maintain a competitive edge.
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Animal Health Diagnostics Market Segmentation
The animal health diagnostics market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.
Type
Companion
Livestock
End-user
Veterinary hospitals
Veterinary clinics
Diagnostic centers
Geography
North America
Canada
US
Europe
Germany
UK
France
Italy
Asia
China
India
Japan
South Korea
Rest of World (ROW)
Which is the largest segment driving market growth?
The companion segment is estimated to witness significant growth during the forecast period.
The market is witnessing significant growth due to the increasing emphasis on preventive healthcare for companion animals and production animals. With over 67% of US households owning one or more pets, the role of animals as valued family members is driving the demand for advanced diagnostic tools. Early detection and wellness monitoring are becoming essential components of animal healthcare, leading to the adoption of technologies such as molecular diagnostics, clinical chemistry, hematology analyzers, and imaging modalities.
Technological advancements in diagnostics, including portable devices and biomarkers, are enabling faster and more accurate diagnoses. The regulatory environment is also evolving to support the medicalization of veterinary medicine, with an increasing number of diagnostic laboratories and diagnostic laboratory services offering a range of tests, including enzyme immunoassays, hematology, immunodiagnostic tests, and reagents & consumables.
The rise in pet insurance and the aging population of pets are also contributing factors. Animal diseases, including zoonotic diseases, arboviral diseases, food-borne diseases, and cancer, are being addressed through the development of new diagnostics. The market is further driven by the increasing spending on pet care and the growing importance of veterinary diagnostics in ensuring animal health and productivity in livestock and dairy production.
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The Companion segment was valued at USD 1.6 billion in 2019 and showed a gradual increase during the forecast period.
Which region is leading the market?
North America is estimated to contribute 46% to the growth of the global market during the forecast period.
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Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.The market in North America is driven by the humanization of pets and increasing health consciousness among pet owners. With a significant pet population In the US, particularly among millennials, the demand for preventive healthcare solutions, including diagnostics, is on the rise. This trend is fueled by the desire for efficient healthcare for pets, similar to human healthcare. Additionally, the US is a leading producer of livestock and dairy products, making animal health diagnostics essential for ensuring food safety and preventing zoonotic diseases. Technological advancements, such as molecular diagnostics, imaging modalities, and portable diagnostic devices, are improving diagnostic accuracy and enhancing veterinary medicine.
Biomarkers and diagnostic imaging play a crucial role In the early detection and diagnosis of animal diseases, including cancer, arboviral diseases, campylobacteriosis, and food-borne diseases. Diagnostic
Pet food was the category with the largest market value in the pet care industry in the United Kingdom (UK), generating a market value of 3.5 billion British pounds in 2023. Veterinary services had a market value of 2.8 billion pounds in that year. Pet ownership in the UK In the UK, approximately 57 percent of households own a pet, with the most popular pet type being a dog. In 2023, 31 percent of UK households owned a pet dog, compared to 26 percent who owned cats, and two percent who owned rabbits. As a result, the dog food market is the most profitable, valuing around 1.84 billion British pounds. Dog food in the UK As of 2023, approximately 12 million pet dogs were living in the United Kingdom. Due to the big number of dogs living in UK households, different brands compete in the dog food market in the UK, most notably Bakers and Tesco. In 2022, Bakers brands were dominating the market for dog biscuits, mixers, and treats. An estimated 1.6 million people in the UK were using any Bakers product, compared to about 1.3 million people buying dog biscuits, mixers and treats from Tesco. Bakers Complete was the leading brand of complete dry dog food in 2021.
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The UK Cat Food Market is segmented by Pet Food Product (Food, Pet Nutraceuticals/Supplements, Pet Treats, Pet Veterinary Diets) and by Distribution Channel (Convenience Stores, Online Channel, Specialty Stores, Supermarkets/Hypermarkets). The market volume and value are presented in metric ton and USD respectively. The key data points include the market size of pet food by products, distribution channels, and pets.
Veterinary Pain Management Market Size 2024-2028
The veterinary pain management market size is forecast to increase by USD 800.12 million at a CAGR of 6.99% between 2023 and 2028.
The market is experiencing significant growth due to several key factors. The rising trend of pet ownership is driving the demand for effective pain management solutions for animals. As pet owners prioritize their pets' health and well-being, they are increasingly seeking veterinary care for pain management. Alternative pain relief methods such as acupuncture, massage, and herbal remedies are gaining popularity in veterinary practice.
Risisng adoption of multimodal pain management strategies, which integrate various treatment approaches for comprehensive pain relief, is gaining traction within the veterinary field. However, a lack of awareness and education about veterinary pain management continues to hinder market growth. Raising awareness among veterinarians and pet owners about the significance of effective pain management and available treatment options is crucial for enhancing animal health and welfare.
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The market is witnessing significant growth due to the increasing awareness of animal welfare and the advancement of non-invasive pain relief techniques. The market encompasses various pain management solutions, including topical and oral medications, non-steroidal anti-inflammatory drugs (NSAIDs), surgical laser therapy, transcutaneous electrical nerve stimulation (TENS), and therapeutic laser therapy. Post-surgical recovery is a critical phase in veterinary medicine where pain management plays a crucial role. Traditional methods of pain relief include NSAIDs and opioids, but the demand for alternative, non-invasive therapies such as TENS and therapeutic laser therapy is increasing.
Animal wound healing is another area where pain management is essential. Inflammation in animals can lead to chronic pain and delayed healing. TPEMF (Transcranial Pulsed Electromagnetic Field) therapy is an emerging technology that can aid in wound healing and pain relief by promoting tissue regeneration and reducing inflammation. Cancer treatment in animals often involves managing pain as a primary concern. Cancer pain can be acute or chronic, and traditional pain relief methods may not always be effective.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Drugs
Devices
Distribution Channel
Veterinary hospitals
Pet care clinics
Pharmacy stores
Geography
North America
US
Europe
Germany
UK
Asia
China
Japan
Rest of World (ROW)
By Product Insights
The drugs segment is estimated to witness significant growth during the forecast period.
The market's drugs segment is experiencing notable expansion due to heightened concern for animal welfare and the rising incidence of diseases causing discomfort in animals. This segment encompasses pharmaceuticals like nonsteroidal anti-inflammatory drugs (NSAIDs), opioids, and analgesics, which offer effective pain relief for companion animals and livestock. Notable examples include carprofen, a widely-used NSAID for dogs, and meloxicam, which boasts both anti-inflammatory and analgesic properties. The escalating demand for species-specific medications, coupled with continuous research and innovation in veterinary pharmacology, is poised to fuel the growth of the drugs segment and, consequently, The market throughout the forecast period.
In addition to pharmaceutical solutions, non-pharmaceutical pain management techniques are gaining traction in veterinary practices. These methods include physical and physiological therapies such as laser therapy, temperature regulation, and massage. Laser therapy, for instance, is increasingly being utilized to alleviate pain and inflammation in animals by stimulating tissue repair and promoting the production of endorphins. By addressing the diverse needs of animals and complementing pharmaceutical treatments, non-pharmaceutical pain management methods are expected to contribute significantly to the growth of the market. Equipment used for non-pharmaceutical pain management, such as laser therapy devices, temperature regulators, and massage tables, are also witnessing increased adoption in veterinary practices.
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The Drugs segment was valued at USD 1.05 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to co
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The UK Veterinary Healthcare Market Report is Segmented by Product (Therapeutics, Diagnostics, and Other Products) and Animal Type (Dogs and Cats, Horses, Ruminants, Swine, Poultry, and Other Animal Types). The Report Offers the Value (USD) for the Above Segments.