Global Pet Medical Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Pet Medical Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Pet Medical market size was valued at USD 6560.5 million in 2023 and is forecast to a readjusted size of USD 8926.7 million by 2030 with a CAGR of 4.5% during review period.

Pet medical can refer to different things depending on the context. It can be a type of nuclear medicine procedure that measures metabolic activity of the cells of body tissues using radioactive tracers. It can also be a term for various services that care for, groom, or train animals, especially dogs. Additionally, it can be the name of some veterinary clinics or hospitals that offer animal health care and emergency cases.

According to Our PET Supplies Research Center, the global pet industry reached $ 261 billion in 2022, a year-on-year increase of 11.3%. The United States gains the highest pet penetration rate and becomes the largest pet market. According to the American Pet Products Association (APPA), 66% of American households keep pets, and the total industry sales was about US$136.8 billion, an increase of 10.8% over 2021. According to IVH, the German pet products industry association, the number of pets in Germany reached 33.4 million in 2022, with a total turnover of nearly €6.5 billion. The 2023 China Pet Industry Trend Insight White Paper released by JD shows that the market size of the four major pet physical commodities is increasing year by year: pet supplies account for 45%, pet staple food accounts for nearly 35%, pet snacks account for 12%, and pet medicine and health care account for 32%.

The Global Info Research report includes an overview of the development of the Pet Medical industry chain, the market status of Cats (Pet Medical Services, Pet Pharmaceuticals), Dogs (Pet Medical Services, Pet Pharmaceuticals), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Pet Medical.

Regionally, the report analyzes the Pet Medical markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Pet Medical market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Pet Medical market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Pet Medical industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Pet Medical Services, Pet Pharmaceuticals).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Pet Medical market.

Regional Analysis: The report involves examining the Pet Medical market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Pet Medical market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Pet Medical:

Company Analysis: Report covers individual Pet Medical players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Pet Medical This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Cats, Dogs).

Technology Analysis: Report covers specific technologies relevant to Pet Medical. It assesses the current state, advancements, and potential future developments in Pet Medical areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Pet Medical market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Pet Medical market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Pet Medical Services
Pet Pharmaceuticals
Others

Market segment by Application
Cats
Dogs
Others

Market segment by players, this report covers
VCA
Benfield
Zoetis
IDEXX
Heska
PetMed
Ringpai
Beijing Chong'ai International Animal Hospital
MedVet
MWI
AniCura
Ruipeng Pet
Henry Schein

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Pet Medical product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Pet Medical, with revenue, gross margin and global market share of Pet Medical from 2019 to 2024.

Chapter 3, the Pet Medical competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Pet Medical market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Pet Medical.

Chapter 13, to describe Pet Medical research findings and conclusion.