Global Veterinary Hospital Supply, Demand and Key Producers, 2023-2029

Global Veterinary Hospital Supply, Demand and Key Producers, 2023-2029

The global Veterinary Hospital market size is expected to reach $ 118940 million by 2029, rising at a market growth of 5.6% CAGR during the forecast period (2023-2029).

The market is primarily driven by the increasing consolidation of animal hospitals, the rising companion animal population coupled with enhanced pet adoption rates, growing awareness about animal healthcare, and the rising adoption of pet insurance. For instance, in December 2022, Trupanion, a pet insurance company, reported a rise in pet insurance enrollments to 1.53 million, registering 31% growth from the previous year. The growing number of pet owners is subsequently increasing awareness about animal care. In developed countries such as the U.S., numerous pet health awareness programs such as National Pet Week are often organized. Increasing awareness about veterinary healthcare, coupled with the implementation of stringent regulations to prevent animal diseases, is likely to drive market growth.

Some commonly sold medicines in veterinary hospitals are vaccines, parasiticides, flea or tick control medicines, worm care products, NSAIDs, analgesics, dental care products, and wound care products. Growing demand for animal products, such as meat, egg, and milk, is encouraging farmers to adopt necessary vaccinations for their animals to gain a healthy production rate and higher profitability. Moreover, growing awareness about zoonotic diseases and the interconnectedness between animal health & human health has resulted in greater attention to necessary veterinary medicines in hospitals. The surgical procedures performed in veterinary hospitals are categorized majorly into two sectors: urgent and elective procedures. Some of the common elective surgeries performed for companion animals are spaying & neutering, benign skin growths, and dental extractions. The commonly admitted urgent care surgeries include skin abscesses, internal bleeding, tumor removal, fracture repair, intestinal obstruction, and torn cruciate, among others.

This report studies the global Veterinary Hospital demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Veterinary Hospital, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Veterinary Hospital that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Veterinary Hospital total market, 2018-2029, (USD Million)

Global Veterinary Hospital total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Veterinary Hospital total market, key domestic companies and share, (USD Million)

Global Veterinary Hospital revenue by player and market share 2018-2023, (USD Million)

Global Veterinary Hospital total market by Type, CAGR, 2018-2029, (USD Million)

Global Veterinary Hospital total market by Application, CAGR, 2018-2029, (USD Million)

This reports profiles major players in the global Veterinary Hospital market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include All Pets Veterinary Hospital, AniCura, Animal Hospital, Inc., Beijing Chong'ai International Animal Hospital, Belltowne Veterinary Center, Benfield, Blaine Central Veterinary Clinic, BluePearl Pet Hospital and CVS Group Plc, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Veterinary Hospital market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Veterinary Hospital Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Veterinary Hospital Market, Segmentation by Type
Surgery
Medicine
Consultation

Global Veterinary Hospital Market, Segmentation by Application
Companion Animals
Farm Animals

Companies Profiled:
All Pets Veterinary Hospital
AniCura
Animal Hospital, Inc.
Beijing Chong'ai International Animal Hospital
Belltowne Veterinary Center
Benfield
Blaine Central Veterinary Clinic
BluePearl Pet Hospital
CVS Group Plc
Greencross Vets
Innovative Petcare
Mars Incorporated
MedVet
National Veterinary Associates, Inc. (NVA)
Pet Hospital of Madison
Pets at Home Group PLC
Ringpai
Ruipeng Pet
VCA
Zoetis

Key Questions Answered

1. How big is the global Veterinary Hospital market?

2. What is the demand of the global Veterinary Hospital market?

3. What is the year over year growth of the global Veterinary Hospital market?

4. What is the total value of the global Veterinary Hospital market?

5. Who are the major players in the global Veterinary Hospital market?

6. What are the growth factors driving the market demand?