Veterinary Services Market Size was valued at USD 119.7 billion in 2023 and is expected to reach USD 226.93 billion by 2032, growing at a CAGR of 7.38 over the forecast period 2024-2032.
This report discusses key statistics and trends shaping the Veterinary Services Market. It looks at examples of animal diseases, emphasizing regional trends and new zoonotic threats. These include trends in the prescription of different kinds of veterinary drugs across different species and regions, as well as trends in drug production and usage trends, including antibiotics, vaccines, and specialty medications. It also examines spending on veterinary healthcare by source of government spending, insurers, and out-of-pocket expenses. The report also evaluates veterinary healthcare technology adoption, including telemedicine, artificial intelligence-based diagnostics, and EHRs. It also examines trends in market expansion carefully, measuring growth in veterinary clinics, diagnostic services and corporate investment. These insights provide a comprehensive understanding of the evolving veterinary services landscape.
The veterinary services market is driven by several key factors, increasing pet adoption and advancements in veterinary care. Recent government statistics indicate that this humanization of pets, a concept coined by Dr. Moore, has caused pet ownership and pet healthcare spending to rise substantially. Those include the American Pet Products Association (APPA), which published an article indicating roughly 66% of U.S. households own a pet and seeking more veterinary services. In the year 2023, the U.S. veterinary services market held a considerable share of the global market and accounted for 74% of the NA region share. The increasing trend in pet insurance is another important factor in the accessibility and affordability of veterinary care for pet owners.
Drivers
Advancements in veterinary medicine and technology have enhanced diagnostic capabilities, enabling early detection and accurate diagnosis of various health conditions, thereby improving treatment outcomes.
With the advancement of veterinary medicine and technology, diagnostic abilities have been greatly improved so that many health conditions can now be diagnosed much earlier and the accuracy of diagnosis has also improved, leading to better treatment options. In veterinary diagnostics, one of the noticeable trends is an increasing implementation of point-of-care testing (POCT). These portable devices enable veterinarians to carry out rapid and accurate tests in the clinic or out in the field, bypassing the need for an outside laboratory. Such a change in strategy is fueled by the need for rapid diagnostics and advancements in patient care. One of the big developments is the adoption of artificial intelligence (AI) in veterinary imaging. Also, AI-driven tools are capable of examining diagnostic images such as X-rays and ultrasounds to identify abnormalities, helping veterinarians make quicker and more informed decisions. By providing in-depth analysis, this integration helps veterinarians diagnose conditions more accurately and efficiently than ever before, effectively revolutionizing veterinary diagnostics. Telemedicine and remote monitoring are changing the delivery of care in veterinary medicine, too. Telemedicine platforms allow veterinarians to engage with pet owners, examine diagnostic results, and provide treatment plans remotely based on a need basis, lowering the number of unnecessary in-person visits. This trend is a response to the growing demand for more accessible and convenient veterinary care, especially in rural and underserved locations.
Additionally, the development of portable imaging devices has made on-site diagnostics more accessible, especially in remote and rural areas. Portable and handheld imaging devices permit veterinarians to perform diagnostics without the requirement of specialized facilities. Thereby, these different aspects of technological evolution help making animal health better by enabling timely and accurate diagnoses which lead to better treatment and improved welfare for animals.
Restraint:
The high costs associated with veterinary services can deter pet owners from seeking timely and comprehensive treatment for their animals, impacting overall animal health and welfare.
The high cost of veterinary services has been a major challenge for pet owners worldwide. For example, in the United States, the price of veterinary services increased 7.5 percent year-on-year as of September 2023. That surge in pet ownership has resulted in fewer households with dogs or cats (71%) receiving veterinary service in 2023, compared with 85% during peak pandemic years and 77% in early 2019. The financial burden is hitting millennials and Gen Z-ers the hardest, with half of pet owners in those demographics worried about the cost of emergency pet care. In the UK, the price of veterinary care has increased by 50% from 2015, resulting in a 34% increase in cat abandonment cases in the first seven months of 2024. Animal rescue charities across the country are overwhelmed as the trend continues and are unable to deal with the volume of abandoned animals. However, the increased costs have been partially driven by the consolidation of veterinary practices by large corporations and private equity firms. As a result, many pet owners are forced to make hard financial choices, such as scaling back household expenses, putting off or forgoing necessary veterinary care, or going into debt to pay for such treatment. Meanwhile, this fact should, first, sound the alarm for the necessity of cheaper and easier veterinary services so that worried pet owners feel less pressure and our beloved pets are healthy, as in all human conditions.
Opportunity:
Expanding telemedicine and digital health solutions in veterinary care enhances accessibility, particularly in remote areas, allowing for virtual consultations and remote monitoring, thereby improving service delivery.
Telemedicine and digital health in veterinary care Telemedicine and digital health solutions in the field of veterinary care are transforming the industry by improving accessibility and efficiency, especially in rural areas. By enabling quick connections between veterinary services and potential patients without the necessity of office visits, this technological advancement provides timely medical action for pet owners, and livestock managers alike bringing medical attention into continual view and consideration. New data highlights the expansion of veterinary telehealth services and consumer adoption. This increase is due to the growing need for easy and affordable pet doctor services in areas where there is limited access to proper animal care facilities.
Telemedicine is especially relevant for the shortage of veterinary professionals in rural and underserved areas. In 2023 in the United States, 40% of the rural areas had a shortage of veterinary services available causing a gap in their access to timely animal health care. Telemedicine closes this gap by offering remote consultations, enhancing animal health, and alleviating pressure on stretched veterinary practices. In addition, technological developments like the use of Artificial Intelligence (AI) and Machine Learning (ML) are improving how veterinary telemedicine works. By 2023, around 42% of vet telehealth applications were using AI-based diagnostic tools, up from just 15% in 2021. These tools help analyze medical information, predict healthcare problems, and deliver personalized treatment solutions, resulting in higher accuracy rates and efficiency in remote veterinary solutions.
There has also been a surge in mobile apps specifically focused on monitoring pet health. The pet health monitoring app adoption soared by 67% between 2021 and 2023. Telemedicine apps allow pet owners to monitor vital signs, activity levels, and symptoms in real time, helping them take charge of their pets' care, and achieve early disease detection via telemedicine platforms. The evolution of telemedicine regulation is increasingly conducive to its development in veterinary medicine. In July 2024, for instance, Florida passed the “Providing Equity in Telehealth Services (PETS) Act,” which permits veterinarians to diagnose, treat and prescribe medicines remotely. Such legislative support is crucial in standardizing telehealth practices and encouraging wider adoption among veterinary professionals.
Challenge:
Navigating complex regulatory frameworks presents challenges for veterinary service providers, as compliance with varying regulations and licensing requirements can hinder operations, especially for smaller establishments.
The complex, regulatory environment is a sizable obstacle for veterinary service providers to navigate. Veterinary practices need to have stringent compliance measures in place as telemedicine guidelines, controlled substance regulations, and data privacy laws evolve. For example, a newly proposed House Bill 4200 in Michigan would regulate the practice of veterinary telemedicine in the state, forbidding individuals who are neither licensed veterinarians nor licensed veterinary technicians from operating, but permitting telemedicine under certain conditions. Separately, the UK's Competition and Markets Authority (CMA) launched an investigation into the £5 billion veterinary services market over possible issues like overcharging for pet medicine. This triggers a lot of feedback from customers, explaining the difficulties veterinary practices encounter while meeting regulatory standards. Additionally, the environmental impacts of veterinary products, like the negative effects of some flea treatments on wildlife, are facing increased scrutiny and this makes the regulatory compliance part of running a practice even more daunting. As a result, veterinary service providers must establish compliance programs, invest in continuous staff training, and adapt to new legislative requirements to ensure both legal adherence and the delivery of high-quality animal care.
By Animal Type
The largest revenue share was held by the companion animal segment in 2023, due to effective rates of pet adoption and increasing expenditures on the healthcare of pets. This shift is backed by government stats showing an increase in pet ownership. As an example, The American Pet Products Association (APPA) stated that roughly 66% of U.S. households own a pet, leading to higher demand for companion animal veterinary services.
In addition, the rise of the companion animal segment can be attributed to the humanization of pets, as they are considered family members. This trend has resulted in higher investments in high-tech animal treatment and diagnostic services. The North American Pet Health Insurance Association (NAPHIA) reported another 25% growth in the number of pets insured, underscoring the need for high-quality veterinary services for pet companions.
By Service Type
The medical segment dominated the veterinary services market with a revenue share of 72% in 2023. This dominance is mainly attributed to the rising incidents of complicated animal diseases necessitating the deployment of sophisticated diagnostic tools for proper identification along with treatment planning. Veterinary diagnostic services are recognized as essential components of animal health and zoonotic disease prevention according to government reports highlighting the need for accurate and rapid diagnostics in veterinary medicine.
This segment is also on the rise due to the increasing adoption of advanced diagnostic technologies, including imaging and molecular diagnostics. Moreover, government initiatives for enhancing animal health through better diagnostic facilities have also been responsible for the growth of this market. This has significantly increased access to veterinary medical services further enhanced by telemedicine and remote consultations leading to more efficient and timely care.
North America accounted for the largest market share in the veterinary services market in 2023, owing to its strong pet culture and advanced veterinary infrastructure. For instance, the U.S. veterinary services market held a significant share in 2023. This large growth is primarily the result of concerted efforts by many government animal welfare organizations to improve veterinary services in the United States and Canada. The Asia Pacific region is projected to witness the highest growth rate, attributable to increasing urbanization, growing middle-class income, and changing perceptions of pet ownership. Additionally, modernization of the animal husbandry as well as the increase in veterinary services for companion as well as livestock animals are also contributing to the growth of the region. Government statistics show that countries like China and India are leading this growth, with significant investments in veterinary infrastructure and education. Asia Pacific's veterinary healthcare market is projected to expand at a significant CAGR during the forecast period, 2024 to 2032 owing to advancements in veterinary diagnostics, treatment, and immunization, and government initiatives aimed at promoting animal welfare and managing diseases.
Key Service Providers/Manufacturers
Zoetis (Rimadyl, Revolution)
Royal Canin (Renal Feline Special, Dental Care kibbles)
Virbac (CaniLeish vaccine, Effipro spot-on)
Mars, Incorporated (Pedigree pet food, Whiskas cat food)
Nestlé Purina PetCare (Purina Pro Plan, Fancy Feast)
Boehringer Ingelheim Animal Health (NexGard, Heartgard)
Elanco Animal Health (Trifexis, Interceptor Plus)
Ceva Santé Animale (Vectra 3D, Adaptil)
Merck Animal Health (Bravecto, Nobivac vaccines)
Vetoquinol (Zylkene, Marbocyl)
IDEXX Laboratories (Catalyst One Chemistry Analyzer, SNAP 4Dx Plus Test)
Covetrus (Pulse Veterinary Software, Vetstreet)
Patterson Veterinary (Patterson Veterinary Catalog, NaVetor software)
National Veterinary Associates (NVA) (Companion Animal Hospitals, Ethos Veterinary Health)
Banfield Pet Hospital (Optimum Wellness Plans, Vet Chat)
VCA Animal Hospitals (CareClub Wellness Plans, myVCA app)
MedVet (Emergency and Specialty Care, MedVet Oncology)
BluePearl Specialty and Emergency Pet Hospital (24/7 Emergency Care, Specialty Veterinary Services)
PetVet Care Centers (General Practice Veterinary Services, Specialty Veterinary Services)
Mission Veterinary Partners (Preventive Care, Surgical Services)
The U.S. Department of Agriculture announced new programs in January 2025 aimed at expanding veterinary services in rural areas, including providing greater access to high-quality care for animals.
In August 2024, The American Veterinary Medical Association (AVMA) published guidelines on telemedicine for use in veterinary practice to facilitate remote care for pet owners.
In March 2024, The European Union launched a programme to support the development of veterinary education and training across member states, emphasizing the importance of skilled professionals in animal health.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 119.7 Billion |
| Market Size by 2032 | USD 226.93 Billion |
| CAGR | CAGR of 7.38% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Animal Type (Production Animals {Cattle, Swine, Poultry, Others}, Companion Animals {Dogs, Horses, Cats, Others}) • By Service Type (Medical Services {Diagnosis, Preventative Care, Treatment}, Non-medical Services {Livestock Services, Pet Services}) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Zoetis, Royal Canin, Virbac, Mars Incorporated, Nestlé Purina PetCare, Boehringer Ingelheim Animal Health, Elanco Animal Health, Ceva Santé Animale, Merck Animal Health, Vetoquinol, IDEXX Laboratories, Covetrus, Patterson Veterinary, National Veterinary Associates (NVA), Banfield Pet Hospital, VCA Animal Hospitals, MedVet, BluePearl Specialty and Emergency Pet Hospital, PetVet Care Centers, Mission Veterinary Partners |
Ans. The projected market size for the Veterinary Services Market is USD 226.93 billion by 2032.
Ans: The North American region dominated the Veterinary Services Market in 2023.
Ans. The CAGR of the Veterinary Services Market is 7.38% during the forecast period of 2024-2032.
Ans: Expanding telemedicine and digital health solutions in veterinary care enhances accessibility, particularly in remote areas, allowing for virtual consultations and remote monitoring, thereby improving service delivery. ?
Ans: The Medical Services segment dominated the Veterinary Services Market.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Incidence and Prevalence of Animal Diseases (2023)
5.2 Veterinary Drug Volume: Production and Usage Trends
5.3 Veterinary Healthcare Spending, by Source (Government, Insurers, Out-of-Pocket) (2023)
5.4 Technological Adoption in Veterinary Healthcare (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Veterinary Services Market Segmentation, By Animal Type
7.1 Chapter Overview
7.2 Production Animals
7.2.1 Production Animals Market Trends Analysis (2020-2032)
7.2.2 Production Animals Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.3 Cattle
7.3.3.1 Cattle Market Trends Analysis (2020-2032)
7.3.3.2 Cattle Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.4 Swine
7.3.4.1 Swine Market Trends Analysis (2020-2032)
7.3.4.2 Swine Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.5 Poultry
7.3.5.1 Poultry Market Trends Analysis (2020-2032)
7.3.5.2 Poultry Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.6 Others
7.3.6.1 Others Market Trends Analysis (2020-2032)
7.3.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Companion Animals
7.3.1 Companion Animals Market Trends Analysis (2020-2032)
7.3.2 Companion Animals Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4.3 Dogs
7.4.3.1 Dogs Market Trends Analysis (2020-2032)
7.4.3.2 Dogs Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4.4 Horses
7.4.4.1 Horses Market Trends Analysis (2020-2032)
7.4.4.2 Horses Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4.5 Cats
7.4.5.1 Cats Market Trends Analysis (2020-2032)
7.4.5.2 Cats Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4.6 Others
7.4.6.1 Others Market Trends Analysis (2020-2032)
7.4.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Veterinary Services Market Segmentation, By Service Type
8.1 Chapter Overview
8.2 Medical Services
8.2.1 Medical Services Market Trends Analysis (2020-2032)
8.2.2 Medical Services Market Size Estimates and Forecasts to 2032 (USD Billion)
8.2.3 Diagnosis
8.2.3.1 Diagnosis Market Trends Analysis (2020-2032)
8.2.3.2 Diagnosis Market Size Estimates and Forecasts to 2032 (USD Billion)
8.2.3.3 In-vitro Diagnosis
8.2.3.3.1 In-vitro Diagnosis Market Trends Analysis (2020-2032)
8.2.3.3.2 In-vitro Diagnosis Market Size Estimates and Forecasts to 2032 (USD Billion)
8.2.3.4 In-vivo Diagnosis
8.2.3.4.1 In-vivo Diagnosis Market Trends Analysis (2020-2032)
8.2.3.4.2 In-vivo Diagnosis Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.4 Preventative Care
8.3.4.1 Preventative Care Market Trends Analysis (2020-2032)
8.3.4.2 Preventative Care Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.5 Treatment
8.3.5.1 Treatment Market Trends Analysis (2020-2032)
8.3.5.2 Treatment Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.5.3 Consultation
8.3.5.3.1 Consultation Market Trends Analysis (2020-2032)
8.3.5.3.2 Consultation Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3.5.4 Surgery
8.3.5.4.1 Surgery Market Trends Analysis (2020-2032)
8.3.5.4.2 Surgery Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Non-medical Services
8.3.1 Non-medical Services Market Trends Analysis (2020-2032)
8.3.2 Non-medical Services Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4.3 Livestock Services
8.4.3.1 Livestock Services Market Trends Analysis (2020-2032)
8.4.3.2 Livestock Services Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4.4 Pet Services
8.4.4.1 Pet Services Market Trends Analysis (2020-2032)
8.4.4.2 Pet Services Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Veterinary Services Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.2.4 North America Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.2.5.2 USA Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.2.6.2 Canada Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.2.7.2 Mexico Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Veterinary Services Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.1.5.2 Poland Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.1.6.2 Romania Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Veterinary Services Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.2.4 Western Europe Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.2.5.2 Germany Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.2.6.2 France Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.2.7.2 UK Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.2.8.2 Italy Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.2.9.2 Spain Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.2.12.2 Austria Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Veterinary Services Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.4.4 Asia Pacific Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.4.5.2 China Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.4.5.2 India Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.4.5.2 Japan Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.4.6.2 South Korea Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.2.7.2 Vietnam Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.4.8.2 Singapore Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.4.9.2 Australia Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Veterinary Services Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.5.1.4 Middle East Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.5.1.5.2 UAE Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Veterinary Services Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.5.2.4 Africa Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Veterinary Services Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.6.4 Latin America Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.6.5.2 Brazil Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.6.6.2 Argentina Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.6.7.2 Colombia Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Veterinary Services Market Estimates and Forecasts, By Animal Type (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Veterinary Services Market Estimates and Forecasts, By Service Type (2020-2032) (USD Billion)
10. Company Profiles
10.1 Zoetis
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
10.2 Royal Canin
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Virbac
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Mars Incorporated
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Nestlé Purina PetCare
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 Boehringer Ingelheim Animal Health
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 Elanco Animal Health
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 Ceva Santé Animale
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 Merck Animal Health
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 Vetoquinol
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Animal Type
Production Animals
Cattle
Swine
Poultry
Others
Companion Animals
Dogs
Horses
Cats
Others
By Service Type
Medical Services
Diagnosis
In-vitro Diagnosis
In-vivo Diagnosis
Preventative Care
Treatment
Consultation
Surgery
Others
Non-medical Services
Livestock Services
Pet Services
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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