The Veterinary Services Market Report is Segmented by Service (Surgery, Diagnostic Imaging & Laboratory, and More), Animal Type (Companion Animals and Production/Farm Animals), Provider Ownership Structure (Independent Practices, and More), Delivery Mode (Mobile / On-Farm, and More), Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

Veterinary practices have benefited in recent years as more pet owners and agricultural producers seek out vets regularly to care for their animals. At the same time, medical advances have been emerging in veterinary care, extending care beyond preventive measures into specialized areas like immunotherapy and musculoskeletal conditions. Pet owners' evolving attitudes have also been driving pet spending in recent years, as more owners are willing to spend a premium on food, medicine or treatments that improve or extend their pets. Growing adoption of pet insurance, specifically for dogs, has also underpinned growth, as more owners can afford high-margin medical treatments. This willingness, combined with a record-high pet ownership rate, has strengthened the industry's in supporting pet owners. These trends have led industry-wide revenue to climb at a CAGR of 1.9% over the past five years – totaling an estimated $69.4 billion in 2025 – when revenue will rise an expected 2.4%. Pet ownership trends are among the most influential drivers for veterinary care in the US. According to the American Medical Veterinary Association, nearly 70% of US households had at least one dog or cat in 2024. Between 2016 and 2024, the dog population grew by over 12 million, while the cat population added nearly 16 million new cats. Higher pet ownership translates into a larger client base for vets, supporting revenue growth. Higher prices for vet visits have also contributed to the industry – data from the Bureau of Labor Statistics shows that the price for vet care rose faster than inflation between 2020 and 2024 and has jumped nearly 60% in cost between 2014 and 2024. Several factors contribute to price hikes, but higher costs are beginning to slow growth as pet owners defer the time between appointments, avoid elective visits or forgo ownership. Trends in pet ownership won't continue moving forward, creating a steady demand for comprehensive veterinary care. Still, the industry will face challenges addressing current headwinds, like labor shortages and rising operating costs. These challenges will likely maintain consolidation activity in the industry, creating a larger divide between corporate-owned or private equity-backed clinics and small, independent ones. Larger veterinary groups will also be able to offer more competitive wages to new graduates and access innovative tech advances, shifting competitive dynamics in the industry. In all, Veterinary Services' revenue is expected to expand at a CAGR of 1.7% to $75.6 billion over the next five years.

The Veterinary Care Market Report is Segmented by Animal Type (Companion Animal (Dogs, Cats, Equine, Others), Production Animal), Type of Care (Primary. Emergency, Critical, Specialty Services, Other Services), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Market Provides the Value (USD) for all the Above Segments.

This statistic displays the size of the veterinary services market in North America from 2014 to 2017, and forecasts from 2018 to 2025. In 2017, the veterinary services market in North America was estimated to be worth almost 52 billion U.S. dollars.

The Veterinary Services Market is estimated to be valued at USD 139.9 billion in 2025 and is projected to reach USD 313.3 billion by 2035, registering a compound annual growth rate (CAGR) of 8.4% over the forecast period.

Metric	Value
Veterinary Services Market Estimated Value in (2025 E)	USD 139.9 billion
Veterinary Services Market Forecast Value in (2035 F)	USD 313.3 billion
Forecast CAGR (2025 to 2035)	8.4%

In 2022, China's veterinary industry recorded a market value of about ** billion yuan, increasing from **** billion yuan in 2021. The veterinary market is expected to keep its growth in the next years.

This statistic shows the projected global veterinary diagnostics market in 2024 and 2029. In 2024, the market is estimated to be worth some *** billion U.S. dollars. It is expected to increase to more than ** billion dollars by 2029.

The North America Veterinary Healthcare Market Report is Segmented by Product (Therapeutics and Diagnostics), Animal Type (Dogs & Cats, Horses, and More), Route of Administration (Oral, Parenteral, and More), End User (Veterinary Hospitals & Clinics, Reference Laboratories, and More), and Geography (United States, Canada, Mexico). The Market Forecasts are Provided in Terms of Value (USD).

The global veterinary services market is booming, reaching $88.22 billion in 2025 and projected to grow at a CAGR of 5.59% until 2033. Driven by rising pet ownership, advanced treatments, and increased pet healthcare spending, this market offers lucrative opportunities. Learn more about key trends, regional analysis, and leading companies. Recent developments include: May 2024: The Vets, a mobile veterinary service, expanded its operations to the Fort Worth and San Antonio metro areas of Texas, in addition to its existing presence in Austin, Dallas, and Houston. The Vets offers a range of services, including wellness check-ups, vaccinations, and consultations for sick pets. With recent expansions into Fort Worth and San Antonio, The Vets now caters to 20 markets nationwide., May 2024: The Veterinary Innovation Council (VIC) unveiled new resources aimed at tackling the widespread issue of limited access to veterinary care. These resources also include comprehensive services designed to assist veterinarians in reaching underserved patients.. Key drivers for this market are: Rising Chronic Diseases and Awareness Regarding Veterinary Care, Increasing Initiatives by Governments and Animal Welfare Associations in Different Countries. Potential restraints include: Rising Chronic Diseases and Awareness Regarding Veterinary Care, Increasing Initiatives by Governments and Animal Welfare Associations in Different Countries. Notable trends are: The Companion Animals Segment is Expected to Hold a Significant Market Share During the Forecast Period.

The size of the Veterinary Industry market was valued at USD 122.72 Million in 2023 and is projected to reach USD 171.53 Million by 2032, with an expected CAGR of 4.90% during the forecast period. Recent developments include: 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 planned to establish 340 Dr. YSR Sanchaara Pasu Aarogya Seva, or Mobile Ambulatory Veterinary Clinics (MAVC), in the state to improve the service delivery system and ensure that the veterinary services provided by the animal husbandry department are more easily accessible to the public., March 2022: Hacarus Inc. launched its ECG platform along with DS Pharma Animal Health. The device measures and analyzes the heart condition of dogs to aid in the early detection of cardiac disease, the second leading cause of death for canines.. Key drivers for this market are: Increasing Prevalence of Various Diseases in Animals, Rising Adoption of Animals; Growing Expenditure on Animals/Pets. Potential restraints include: Shortage of Skilled Personnel, Increasing Cost of Veterinary Services. Notable trends are: The Companion Animal Segment is Expected to Dominate the Market.

The veterinary hospitals revenue size is estimated to be worth USD 84.1 billion in 2024 and anticipated to reach a value of USD 150.7 billion by 2034. Sales are projected to rise at a CAGR of 6% over the forecast period between 2024 and 2034.

Attributes	Key Insights
Historical Size, 2023	USD 79.6 billion
Estimated Size, 2024	USD 84.1 billion
Projected Size, 2034	USD 150.7 billion
Value-based CAGR (2024 to 2034)	6%

Semi Annual Sector Update

Particular	Value CAGR
H1	6.8% (2023 to 2033)
H2	6.2% (2023 to 2033)
H1	6% (2024 to 2034)
H2	5.5% (2024 to 2034)

Country-wise Insights

Countries	Value CAGR (2024 to 2034)
India	9.2%
China	8.1%
Spain	4.7%
Canada	4.4%
The United States	2.5%

Category-wise Insights

Services	General Veterinary Services
Value Share (2023)	25.5%

Animal Type	Companion Animals
Value Share (2023)	68.7%

The global veterinary software market size was USD 1.97 billion in 2024 & is projected to grow from USD 2.09 billion in 2025 to USD 3.42 billion by 2033.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 1.97 Billion
Market Size in 2025	USD 2.09 Billion
Market Size in 2033	USD 3.42 Billion
CAGR	6.35% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Product Type,By Delivery Mode,By Practice Type,By End-User,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

The global veterinary services market size is projected to grow from USD 119.93 billion in 2025 to USD 209.16 billion by 2033, exhibiting a CAGR of 7.2%.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 111.87 Billion
Market Size in 2025	USD 119.93 Billion
Market Size in 2033	USD 209.16 Billion
CAGR	7.20% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Service,By Animal Type,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

The global veterinary clinics services market is booming, projected to reach $70 billion by 2033, driven by rising pet ownership, increased spending on pet healthcare, and advancements in veterinary technology. This in-depth analysis reveals key market trends, growth drivers, and competitive insights. Learn more about the leading players and future opportunities in this dynamic sector.

The mobile veterinary care market is booming, projected to reach $0.79 billion by 2025 and grow at a CAGR of 7.78% through 2033. Discover key drivers, trends, and regional insights in this comprehensive market analysis, including data on services, animal types, and leading companies. Learn how convenience and technological advancements are shaping the future of pet care. Recent developments include: in March 2024, the Delhi government planned to establish a 'mobile veterinary clinic' in each district to offer doorstep services, benefiting pet owners, farmers, and residents., In January 2024, Chief Minister Sukhvinder Singh Sukhu inaugurated a mobile veterinary service, initially equipping 44 development blocks with ambulances. This first phase distributed mobile ambulances across the state, with three allocated to Bilaspur, Una, Solan, and Kullu districts, two to Lahaul Spiti, five to Mandi and Shimla, four each to Chamba, Sirmaur, and Hamirpur, one to Kinnaur, and seven to Kangra.. Key drivers for this market are: Increasing Pet Adoption and Increasing Livestock Farming, High Burden of Chronic Diseases and Awareness Regarding Veterinary Care. Potential restraints include: Increasing Pet Adoption and Increasing Livestock Farming, High Burden of Chronic Diseases and Awareness Regarding Veterinary Care. Notable trends are: The Dogs Segment is Expected to Witness Significant Growth Over the Forecast Period.

Discover the booming global veterinary services market! This in-depth analysis reveals market size, growth trends, key players (Abaxis, VCA, CVS Group), and future projections through 2033. Learn about the drivers, restraints, and segmentation within this expanding sector of animal healthcare.

The global market size for animal medicine amounted to around ** billion U.S. dollars in 2022. It was forecasted that the market would expand to some ** billion dollars by 2032, equivalent to a compound annual growth rate (CADR) of *** percent. The animal medicine industry is comprised of segments such as veterinary vaccines, veterinary antibiotics, and veterinary parasiticides.

The report covers Veterinary Healthcare Companies in US and the market is segmented by Product (Therapeutics and Diagnostics), Animal Type (Dogs and Cats, Horses, Ruminants, Swine, Poultry, and Other Animals). The report offers the value (in USD million) for the above segments.

Veterinary Services Market size was valued at USD 101.56 Billion in 2024 and is projected to reach USD 158.37 Billion by 2031, growing at a CAGR of 6.30% from 2024 to 2031.Veterinary services include all medical care and treatment provided to animals, including preventive, diagnostic, and therapeutic procedures. These services are provided by licensed veterinarians and support personnel at clinics, hospitals, and mobile units. They provide a wide range of animal healthcare services, including immunizations, surgery, diagnostics, dental care, and emergency treatments. Veterinary services provide care for companion animals (pets), livestock, and even wildlife, assuring animal welfare, protecting public health, and supporting animal-dependent sectors such as agriculture and animal husbandry.

Europe’s Veterinary Services industry’s revenue is anticipated to expand at a compound annual rate of 1.3% to €34.9 billion over the five years through 2025. Revenue expansion has been driven by a surge in pet ownership since the COVID-19 outbreak, growing awareness of animal health and the growing availability of advanced surgical and diagnostic procedures for animals. As individuals spent prolonged periods at home during lockdowns, many were driven to purchase 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 have strongly contributed to steady revenue growth since 2020. The expansion in prices and pet products has led to vet service providers lifting their prices, contributing to revenue growth of an estimated 2.3% in 2025. Revenue is expected to grow at a compound annual rate of 5.9% over the five years through 2030 to €46.5 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 continue to climb, along with rising rates of obesity and related health issues for pets, demand for Veterinary Services will follow suit. Technological progress in human healthcare will trickle down and enhance veterinary services, fostering further growth. Wearable health monitoring devices for livestock and companion animals are gaining traction across Europe, facilitating real-time health tracking and predictive analytics. This innovation is expected to boost the industry's profitability by preventing disease outbreaks and optimising herd management for livestock.