Veterinary Services in Australia - Industry Market Research Report

Veterinary Services in Australia - Industry Market Research Report

Veterinary Services in Australia

The Veterinary Services industry has performed well over the past five years. A surge in pet ownership in response to the COVID-19 pandemic, higher pet insurance uptake, growing awareness of animal health, and the increasing availability of advanced surgical and diagnostic procedures for animals have benefited the veterinarians. Pet owners are becoming increasingly willing to spend more on pets and vet procedures to prolong their lives. This is also partly due to an increase in the number of high income earners across the economy.

The industry includes veterinary practitioners and animal hospitals. Veterinarians are skilled in medicine and surgery relating to animals. Private veterinary practices are divided into rural practices (treating companion animals and farm animals) and urban practices (mainly treating companion animals).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.