India Veterinary Services Market Overview, 2028

India Veterinary Services Market Overview, 2028

The Indian veterinary service business is thriving, demonstrating the country's deep affinity for animals. As a country that has cherished and cared for its animals for millennia, India's veterinary sector sits at the crossroads of tradition and modernity. India plays a critical role in protecting animal health, promoting responsible ownership, and advancing medical knowledge. The veneration for animals is intimately woven throughout India's cultural fabric, as evidenced by ancient scriptures, folklore, and religious traditions. Animals are revered in many religions, from Hinduism to Buddhism, and include cows, elephants, peacocks, and other creatures. This cultural foundation shapes the desire for compassionate and holistic veterinary care, in which animals are considered sentient beings worthy of respect and ethical treatment. The veterinary service market in India serves a wide range of animals, from respected cows to adored pets and working animals. Veterinarians provide a wide range of services, from simple health checks to complex procedures for cattle, companion animals, and even exotic species. The market's scope reflects the country's rural background, a developing pet ownership culture, and the complex interaction between humans and animals. Pet ownership culture has grown in tandem with India's rising urbanization. Pets, which were traditionally restricted to rural settings, are now valued members of urban homes. As pet owners want to give the finest possible care for their animal companions, this trend promotes demand for modern veterinarian services such as immunizations, preventive care, and specialty treatments.

According to the research report ""India Veterinary Services Market Overview, 2028,"" published by Bonafide Research, the India Veterinary Services market is projected to grow at 9.69% CAGR from 2023 to 2028. Urbanization has resulted in changes in lifestyle, such as smaller living spaces and nuclear families. As a result, pets are playing larger roles as companions, resulting in higher expenditures on their health and well-being. Consumer behavior is being influenced by a growing awareness of animal welfare and the ethical treatment of animals. Pet owners are becoming more aware of their pets' requirements and seeking complete veterinarian treatments to safeguard their pets' well-being. The adoption of technology in India is altering the veterinary business. Digital platforms, telemedicine, and online resources are making veterinarian care more accessible and convenient, particularly in locations where clinics are not easily accessible. Government initiatives to promote animal health, welfare, and ethical pet ownership are helping to drive the veterinary service sector forward. These measures foster an atmosphere suitable for the expansion of veterinary services. Veterinary organizations and animal welfare organizations are actively engaged in educational efforts to encourage ethical pet ownership and the value of veterinary treatment. These initiatives are increasing demand for veterinary services. The growth of veterinary clinics, hospitals, and specialized facilities is increasing access to veterinary care in both urban and rural locations. This infrastructural development is critical to meeting rising demand.

Based on animal type market is segmented into production animals and companion animals. Majority of the market is dominated by production animals in India. Due to the country's rich agrarian tradition, large livestock population, and the critical role that these animals play in the nation's economy and food security, production animals dominate the veterinary care industry in India. India boasts one of the world's largest livestock populations, including cattle, poultry, goats, and sheep, which are crucial to agricultural activities, livelihoods, and the production of essential commodities like milk, meat, and eggs. The cultural and historical significance of cattle in India adds to their popularity, as they are strongly connected with religious traditions, traditional farming, and rural communities. Based on service type market is segmented into physical health monitoring, surgery, diagnostic tests & imaging, artificial insemination, grooming, vaccination, and others (biosecurity, dental care, etc). Among them market is majorly dominated by physical health monitoring service in India. There is a substantial emphasis on preserving the health and productivity of production animals like cattle, poultry, goats, and sheep in India because of its large population of livestock and agrarian economy. The needs of these animals are met by physical health monitoring services that keep an eye out for early symptoms of illness, control disease outbreaks, and guarantee optimum growth and output. Physical health monitoring services are progressively integrating digital tools, wearables, and remote sensors as technology spreads to India's most rural regions. With the use of these developments, it is now feasible to more efficiently monitor an animal's vital signs, behavior, and health indicators, improving early identification and prompt action.

Based on end user market is bifurcated into veterinary hospital, veterinary clinic, outdoors/ ambulatory, and online. Veterinary hospitals are the major end users of veterinary service in India. A wide range of services, including routine check-ups and vaccines, cutting-edge diagnostics, operations, and emergency care, are available at veterinary facilities. By taking a complete approach, veterinary clinics are a logical choice for a wide range of instances since they guarantee that animals receive holistic and specialized care for their health needs. Animals need specialist care and prompt attention when they are suffering from serious sickness, injuries, or complicated medical conditions. For critical care, surgeries, and specialty treatments, veterinary clinics provide the facilities, tools, and knowledge necessary, giving animals the best chance of recovery. Any period can be a time for accidents, injuries, and unexpected diseases. When animals need immediate medical assistance, veterinary facilities are well equipped to handle emergencies by offering round-the-clock care and prompt interventions.

Considered in this report:
• Geography: India
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• India Veterinary Services market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Animal Type:
• Production Animals
• Companion Animals

By Service Type:
• Physical Health Monitoring
• Surgery
• Diagnostic Tests & Imaging
• Artificial Insemination
• Grooming
• Vaccination
• Others (Biosecurity, Dental Care, etc)

By End User:
• Veterinary Hospital
• Veterinary Clinic
• Outdoors/ Ambulatory
• Online

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Veterinary Service industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.