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The veterinary services market can be defined as the market containing health care and treatment of animals of all kinds by veterinaries and connected services including diagnosis, surgical operations and prevention.
IMR Group
Description
Veterinary Services Market Synopsis:
Veterinary Services Market Size Was Valued at USD 128.88 Billion in 2023, and is Projected to Reach USD 243.00 Billion by 2032, Growing at a CAGR of 7.3% From 2024-2032.
The veterinary services market can be defined as the market containing health care and treatment of animals of all kinds by veterinaries and connected services including diagnosis, surgical operations and prevention. It also comprises veterinary hospitals and clinics, such as veterinary emergency clinics, veterinary mobile services and specialty veterinary services, such as veterinary dental services, veterinary dermatology services, and veterinary orthopedic services. They are intended to increase the health and productivity of food animals, prevent and control diseases in animals, manage the well-being of animals and provide service to the livestock and companion animals market throughout the world. The veterinary services market is hence important to improve public health, improve agricultural business and guarantee safe animal produces to consumers.
The market for veterinary services has been growing at a fast pace in the last few years mainly because of an increase in the number of pet owners, growing consciousness of pet health, and an increasing need to provide advanced animal care. Market prime factors are the increasing knowledge of pet owners for receiving routine health care and the development of veterinary medical sciences. There is a growing emphasis on companion animal healthcare, due to the increasing tendency of people to humanize their pets and increased levels of per capita income in the developed world. Livestock services are also important, which Veterinary Services provide as health is central for food security in agriculture dominated economy. As a result, the veterinary care for livestock and disease prevention and control has also gained increasing importance especially in the developing countries where livestock industries are rapidly developing.
Furthermore, there has been an increase in demand for niche services in veterinary practice, because more veterinarians are developing specialties such as oncology, cardiology, dermatology, amongst others. This has been enhanced even more through advancement in technology for instance telemedicine, digital diagnostic and online consultation. In addition, enhancing legislation controls to improve animal health as well as food hygiene standards are also likely to create market demand for veterinary services.
Veterinary Services Market Trend Analysis:
Technological Advancements and Telemedicine
Telemedicine and technology are two of the dominant trends seen in the market for veterinary services. All of this is meaning a radically new approach to the delivery of vet care as many consultations and even diagnoses can be made via the Internet as can some treatments. Telemedicine became popular during the COVID-19 period since veterinary clinics and hospitals had to translate to social distancing alternatives for delivering services. The advanced use of IT in transforming the animal health sector has now allowed pet owners to seek veterinary services remotely, therefore increasing an enhanced form of health care for pets.
Furthermore, there is a steady progress of diagnostic tools like AI with imaging and genetic testing that help veterinarians early diagnose and treat an animal’s diseases. The mentioned innovations do not only enhance the precision of treatments and treatments’ efficacy but also enhance general efficiency of practices. It will be anticipated that the application of telemedicine, digital diagnostics, and intelligent solutions are on the rise with advancement in technology. These technologies will be most effective for rural or remote access of which there may be a lack of access to specialized veterinary care and will make sure that animal health is preserved despite geographic constraints.
Expanding Demand in Emerging Markets
The market in veterinary services has presented an exciting prospect as emerging economies worldwide seek veterinary services market to help them overcome the necessary challenges better than before; these regions include Asia-Pacific, Latin America, and Africa. These regions are witnessing higher disposal income per capita, enhanced usage of space, new found realization towards animal health and thereby high demand of veterinary services. The livestock industry is growing all around the word especially in developing countries like China, India and Brazil etc which in turn enhance disease outbreaks and ill health of animals that are critical for food security therefore there is need for trained professionals to attend to their health concerns. As the livestock farming continues to expand, and Knowledge is being acquired regarding disease spread, there exists an opportunity for the growth of veterinarians profession in disease prevention, diagnosing, as well as treatment for those diseases that hinder agricultural productivity in those areas of interest.
So, together with livestock care, the need for veterinary veterinarians for pets is also growing rapidly, especially in cities of developing countries. Pet adoption is steadily increasing especially in countries such Asia, including China, South America such as Brazil and India to mention but a few, making pet veterinary services centered on preventive medicine and general health, a very attractive commercial prospect. As these regions grow there exist numerous opportunities for either domestic and global stakeholders to grow, thereby providing unique options for consumption across pets and livestock in order to address their unique needs. Rising sales of pet foods, veterinary pharmaceuticals and a shift to getting more preventive healthcare for pets also contribute to the development of the veterinary services segment in these fast growing markets.
Veterinary Services Market Segment Analysis:
Veterinary Services Market Segmented on the basis of Technology, Application, End User, and Region.
By Technology, the digital imaging segment is expected to dominate the market during the forecast period
The technology segment of the veterinary services market consists of various innovative and effective tools and systems which helps in the improvement in accuracy, efficiency and on accessibility of veterinary services. Digital imaging is one of the biggest advancements and has helped veterinarians do numerous invasive diagnostic tests with the help of tools like X-Ray’s, ultrasounds and MRI machines. Such imaging systems also assist in the early identification of many ailments in animals and enhance the accuracy of the treatment. Telemedicine has also evolved and is now quite popular even after the covid-19 pandemic ensuring remote consultation and follow up. By doing this, owners of pets in areas inaccessible or with limited veterinary care can access quality consultancy, diagnosis, and medications online.
Besides these, laboratory diagnostics is highly significant in the veterinary field where this category of equipment is used to get vital information required to give correct diagnosis of diseases and conditions through blood tests, urine tests and other tests that must be done in the laboratory. Therapeutic equipment and the surgical equipment are also other critical subcategory of veterinary care since they enable the veterinarians to conduct surgeries and manage pain and illnesses. Finally, smart devices to track the pets and livestock’s health and activity rates are common in wearables as it gives real time information on health status of the animals. These innovative tools are transforming the delivery of veterinary services – efficacy, tact, and accessibility for pet lovers as well as animal caregivers.
By Service Type, Diagnosis and Treatment segment expected to held the largest share
The veterinary services market consists of a number of services types which provide animal healthcare services. The fundamental aspects of vet services include assessment, on which the veterinarian performs physical checkups, diagnostics in which the veterinarian may run tests on the animal, and therapy in which the veterinarian administers treatment for certain ailments in both companion as well as livestock animals. Surgery is another important service; it can include simple surgeries like spay and neuter surgeries or complex surgeries requiring work on internal organs, bones or joints, and emergency trauma surgeries. Vaccination and preventive care are services that focus on avoiding illnesses, and clients’ well-being through getting vaccinated or dewormed, or general checkups when a client is suspected of having some health complications.
Further more, emergency and critical care services are important to sentiments on account of emergent medical situations including accidents, poison ingestion, or severe inflammation. There is the prevalence of specialty services with veterinarians now choosing to sub-specialize in some of the following categories: oncology, dermatology, cardiology, dentistry among others; thus providing some of the most sensitive animal treatments in existent today. Last but not least, diagnostic laboratories have the primary functions of offering important laboratory investigations, investigations, such as blood tests, imaging, and microbiology, to diagnose diseases and treatment accurately. These services operate synergistically to try and achieve a measurable level of care for the animals and fight diseases that affect them.
Veterinary Services Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
The veterinary services market is anticipated to sustain its geography and market share of North America in 2023, driven by the United States, vital to the veterinary services market globally, which is assumed to have a share of above 35-40%. These factors include, but are not limited to; high penetration of pet ownership, established infrastructure of veterinary clinics and hospitals, and newer developments in the vet technologies. The availability of pet insurance firms and the increasing concern for preventive health care needs follow the same successful expansion for veterinary services. In addition, due to the increasing risks of zoonotic diseases and customer awareness and the emphasis on animal health, people’s needs for veterinary services have risen in North America, making it one of the Global Veterinary Service markets.
Europe comes second as the largest consumer of the veterinary services market constituting about 25-30% of the entire market. Major markets like Germany, France and UK for example are experiencing double digit growth in companion animal health care and livestock veterinary care. That is why such regions are switching to investments in technology, sophisticated services, and animal care programs, which together with the population growth cause the market growth. At the same time, Asia-Pacific is the fastest-growing region mainly due to increasing urbanization, rising disposable income, and the extension of the agricultural industry that require veterinary care in this area. With an increase in economic growth, there is awareness in animal health and welfare giving the Asia-Pacific region the potential for steady growth of veterinary services.
Active Key Players in the Veterinary Services Market:
Animal Health International (USA)
Banfield Pet Hospital (USA)
Bayer Animal Health (Germany)
Boehringer Ingelheim (Germany)
Elanco Animal Health (USA)
IDEXX Laboratories (USA)
Mars Petcare (USA)
Merck Animal Health (USA)
Petco Health and Wellness Company (USA)
Roche (Switzerland)
Royal Canin (France)
VCA Animal Hospitals (USA)
Zoetis (USA)
Other Active Players
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter’s Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Veterinary Services Market by Technology (Digital Imaging, Telemedicine, Laboratory Diagnostics, Therapeutic Equipment, Surgical Equipment, Wearable Devices), Service Type
4.1 Veterinary Services Market Snapshot and Growth Engine
4.2 Veterinary Services Market Overview
4.3 Diagnosis and Treatment
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Diagnosis and Treatment: Geographic Segmentation Analysis
4.4 Surgery
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Surgery: Geographic Segmentation Analysis
4.5 Vaccination and Preventive Care
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Vaccination and Preventive Care: Geographic Segmentation Analysis
4.6 Emergency and Critical Care
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Emergency and Critical Care: Geographic Segmentation Analysis
4.7 Specialty Services (e.g.
4.7.1 Introduction and Market Overview
4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.7.3 Key Market Trends, Growth Factors and Opportunities
4.7.4 Specialty Services (e.g.: Geographic Segmentation Analysis
4.8 oncology
4.8.1 Introduction and Market Overview
4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.8.3 Key Market Trends, Growth Factors and Opportunities
4.8.4 oncology: Geographic Segmentation Analysis
4.9 dermatology
4.9.1 Introduction and Market Overview
4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.9.3 Key Market Trends, Growth Factors and Opportunities
4.9.4 dermatology: Geographic Segmentation Analysis
4.10 cardiology)
4.10.1 Introduction and Market Overview
4.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.10.3 Key Market Trends, Growth Factors and Opportunities
4.10.4 cardiology): Geographic Segmentation Analysis
4.11 Diagnostic Laboratories)
4.11.1 Introduction and Market Overview
4.11.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.11.3 Key Market Trends, Growth Factors and Opportunities
4.11.4 Diagnostic Laboratories): Geographic Segmentation Analysis
4.12
4.12.1 Introduction and Market Overview
4.12.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.12.3 Key Market Trends, Growth Factors and Opportunities
4.12.4 : Geographic Segmentation Analysis
Chapter 5: Veterinary Services Market by End User
5.1 Veterinary Services Market Snapshot and Growth Engine
5.2 Veterinary Services Market Overview
5.3 Veterinary Clinics
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Veterinary Clinics: Geographic Segmentation Analysis
5.4 Veterinary Hospitals
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Veterinary Hospitals: Geographic Segmentation Analysis
5.5 Research Institutes
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Research Institutes: Geographic Segmentation Analysis
5.6 Animal Farms
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Animal Farms: Geographic Segmentation Analysis
5.7 Pet Care Centers)
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Pet Care Centers) : Geographic Segmentation Analysis
Chapter 6: Company Profiles and Competitive Analysis
6.1 Competitive Landscape
6.1.1 Competitive Benchmarking
6.1.2 Veterinary Services Market Share by Manufacturer (2023)
6.1.3 Industry BCG Matrix
6.1.4 Heat Map Analysis
6.1.5 Mergers and Acquisitions
6.2 BAYER ANIMAL HEALTH (GERMANY)
6.2.1 Company Overview
6.2.2 Key Executives
6.2.3 Company Snapshot
6.2.4 Role of the Company in the Market
6.2.5 Sustainability and Social Responsibility
6.2.6 Operating Business Segments
6.2.7 Product Portfolio
6.2.8 Business Performance
6.2.9 Key Strategic Moves and Recent Developments
6.2.10 SWOT Analysis
6.3 BOEHRINGER INGELHEIM (GERMANY)
6.4 CEVA SANTÉ ANIMALE (FRANCE)
6.5 COVETRUS (USA)
6.6 ELANCO ANIMAL HEALTH (USA)
6.7 OTHER ACTIVE PLAYERS
Chapter 7: Global Veterinary Services Market By Region
7.1 Overview
7.2. North America Veterinary Services Market
7.2.1 Key Market Trends, Growth Factors and Opportunities
7.2.2 Top Key Companies
7.2.3 Historic and Forecasted Market Size by Segments
7.2.4 Historic and Forecasted Market Size By Technology (Digital Imaging, Telemedicine, Laboratory Diagnostics, Therapeutic Equipment, Surgical Equipment, Wearable Devices), Service Type
7.2.4.1 Diagnosis and Treatment
7.2.4.2 Surgery
7.2.4.3 Vaccination and Preventive Care
7.2.4.4 Emergency and Critical Care
7.2.4.5 Specialty Services (e.g.
7.2.4.6 oncology
7.2.4.7 dermatology
7.2.4.8 cardiology)
7.2.4.9 Diagnostic Laboratories)
7.2.4.10
7.2.5 Historic and Forecasted Market Size By End User
7.2.5.1 Veterinary Clinics
7.2.5.2 Veterinary Hospitals
7.2.5.3 Research Institutes
7.2.5.4 Animal Farms
7.2.5.5 Pet Care Centers)
7.2.6 Historic and Forecast Market Size by Country
7.2.6.1 US
7.2.6.2 Canada
7.2.6.3 Mexico
7.3. Eastern Europe Veterinary Services Market
7.3.1 Key Market Trends, Growth Factors and Opportunities
7.3.2 Top Key Companies
7.3.3 Historic and Forecasted Market Size by Segments
7.3.4 Historic and Forecasted Market Size By Technology (Digital Imaging, Telemedicine, Laboratory Diagnostics, Therapeutic Equipment, Surgical Equipment, Wearable Devices), Service Type
7.3.4.1 Diagnosis and Treatment
7.3.4.2 Surgery
7.3.4.3 Vaccination and Preventive Care
7.3.4.4 Emergency and Critical Care
7.3.4.5 Specialty Services (e.g.
7.3.4.6 oncology
7.3.4.7 dermatology
7.3.4.8 cardiology)
7.3.4.9 Diagnostic Laboratories)
7.3.4.10
7.3.5 Historic and Forecasted Market Size By End User
7.3.5.1 Veterinary Clinics
7.3.5.2 Veterinary Hospitals
7.3.5.3 Research Institutes
7.3.5.4 Animal Farms
7.3.5.5 Pet Care Centers)
7.3.6 Historic and Forecast Market Size by Country
7.3.6.1 Russia
7.3.6.2 Bulgaria
7.3.6.3 The Czech Republic
7.3.6.4 Hungary
7.3.6.5 Poland
7.3.6.6 Romania
7.3.6.7 Rest of Eastern Europe
7.4. Western Europe Veterinary Services Market
7.4.1 Key Market Trends, Growth Factors and Opportunities
7.4.2 Top Key Companies
7.4.3 Historic and Forecasted Market Size by Segments
7.4.4 Historic and Forecasted Market Size By Technology (Digital Imaging, Telemedicine, Laboratory Diagnostics, Therapeutic Equipment, Surgical Equipment, Wearable Devices), Service Type
7.4.4.1 Diagnosis and Treatment
7.4.4.2 Surgery
7.4.4.3 Vaccination and Preventive Care
7.4.4.4 Emergency and Critical Care
7.4.4.5 Specialty Services (e.g.
7.4.4.6 oncology
7.4.4.7 dermatology
7.4.4.8 cardiology)
7.4.4.9 Diagnostic Laboratories)
7.4.4.10
7.4.5 Historic and Forecasted Market Size By End User
7.4.5.1 Veterinary Clinics
7.4.5.2 Veterinary Hospitals
7.4.5.3 Research Institutes
7.4.5.4 Animal Farms
7.4.5.5 Pet Care Centers)
7.4.6 Historic and Forecast Market Size by Country
7.4.6.1 Germany
7.4.6.2 UK
7.4.6.3 France
7.4.6.4 The Netherlands
7.4.6.5 Italy
7.4.6.6 Spain
7.4.6.7 Rest of Western Europe
7.5. Asia Pacific Veterinary Services Market
7.5.1 Key Market Trends, Growth Factors and Opportunities
7.5.2 Top Key Companies
7.5.3 Historic and Forecasted Market Size by Segments
7.5.4 Historic and Forecasted Market Size By Technology (Digital Imaging, Telemedicine, Laboratory Diagnostics, Therapeutic Equipment, Surgical Equipment, Wearable Devices), Service Type
7.5.4.1 Diagnosis and Treatment
7.5.4.2 Surgery
7.5.4.3 Vaccination and Preventive Care
7.5.4.4 Emergency and Critical Care
7.5.4.5 Specialty Services (e.g.
7.5.4.6 oncology
7.5.4.7 dermatology
7.5.4.8 cardiology)
7.5.4.9 Diagnostic Laboratories)
7.5.4.10
7.5.5 Historic and Forecasted Market Size By End User
7.5.5.1 Veterinary Clinics
7.5.5.2 Veterinary Hospitals
7.5.5.3 Research Institutes
7.5.5.4 Animal Farms
7.5.5.5 Pet Care Centers)
7.5.6 Historic and Forecast Market Size by Country
7.5.6.1 China
7.5.6.2 India
7.5.6.3 Japan
7.5.6.4 South Korea
7.5.6.5 Malaysia
7.5.6.6 Thailand
7.5.6.7 Vietnam
7.5.6.8 The Philippines
7.5.6.9 Australia
7.5.6.10 New Zealand
7.5.6.11 Rest of APAC
7.6. Middle East & Africa Veterinary Services Market
7.6.1 Key Market Trends, Growth Factors and Opportunities
7.6.2 Top Key Companies
7.6.3 Historic and Forecasted Market Size by Segments
7.6.4 Historic and Forecasted Market Size By Technology (Digital Imaging, Telemedicine, Laboratory Diagnostics, Therapeutic Equipment, Surgical Equipment, Wearable Devices), Service Type
7.6.4.1 Diagnosis and Treatment
7.6.4.2 Surgery
7.6.4.3 Vaccination and Preventive Care
7.6.4.4 Emergency and Critical Care
7.6.4.5 Specialty Services (e.g.
7.6.4.6 oncology
7.6.4.7 dermatology
7.6.4.8 cardiology)
7.6.4.9 Diagnostic Laboratories)
7.6.4.10
7.6.5 Historic and Forecasted Market Size By End User
7.6.5.1 Veterinary Clinics
7.6.5.2 Veterinary Hospitals
7.6.5.3 Research Institutes
7.6.5.4 Animal Farms
7.6.5.5 Pet Care Centers)
7.6.6 Historic and Forecast Market Size by Country
7.6.6.1 Turkiye
7.6.6.2 Bahrain
7.6.6.3 Kuwait
7.6.6.4 Saudi Arabia
7.6.6.5 Qatar
7.6.6.6 UAE
7.6.6.7 Israel
7.6.6.8 South Africa
7.7. South America Veterinary Services Market
7.7.1 Key Market Trends, Growth Factors and Opportunities
7.7.2 Top Key Companies
7.7.3 Historic and Forecasted Market Size by Segments
7.7.4 Historic and Forecasted Market Size By Technology (Digital Imaging, Telemedicine, Laboratory Diagnostics, Therapeutic Equipment, Surgical Equipment, Wearable Devices), Service Type
7.7.4.1 Diagnosis and Treatment
7.7.4.2 Surgery
7.7.4.3 Vaccination and Preventive Care
7.7.4.4 Emergency and Critical Care
7.7.4.5 Specialty Services (e.g.
7.7.4.6 oncology
7.7.4.7 dermatology
7.7.4.8 cardiology)
7.7.4.9 Diagnostic Laboratories)
7.7.4.10
7.7.5 Historic and Forecasted Market Size By End User
7.7.5.1 Veterinary Clinics
7.7.5.2 Veterinary Hospitals
7.7.5.3 Research Institutes
7.7.5.4 Animal Farms
7.7.5.5 Pet Care Centers)
7.7.6 Historic and Forecast Market Size by Country
7.7.6.1 Brazil
7.7.6.2 Argentina
7.7.6.3 Rest of SA
Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies
Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
Q1: What would be the forecast period in the Veterinary Services Market research report?
A1: The forecast period in the Veterinary Services Market research report is 2024-2032.
Q2: Who are the key players in the Veterinary Services Market?
A2: Bayer Animal Health (Germany), Boehringer Ingelheim (Germany), Ceva Santé Animale (France), Covetrus (USA), Elanco Animal Health (USA) and Other Active Players.
Q3: What are the segments of the Veterinary Services Market?
A3: The Veterinary Services Market is segmented into Technology, Application, End User and region. By Technology, the market is categorized into Digital Imaging, Telemedicine, Laboratory Diagnostics, Therapeutic Equipment, Surgical Equipment, Wearable Devices. By Service Type, the market is categorized into Diagnosis and Treatment, Surgery, Vaccination and Preventive Care, Emergency and Critical Care, Specialty Services (e.g., oncology, dermatology, cardiology), Diagnostic Laboratories. By End User, the market is categorized into Veterinary Clinics, Veterinary Hospitals, Research Institutes, Animal Farms, Pet Care Centers. By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
Q4: What is the Veterinary Services Market?
A4: The veterinary services market can be defined as the market containing health care and treatment of animals of all kinds by veterinaries and connected services including diagnosis, surgical operations and prevention. It also comprises veterinary hospitals and clinics, such as veterinary emergency clinics, veterinary mobile services and specialty veterinary services, such as veterinary dental services, veterinary dermatology services, and veterinary orthopedic services. They are intended to increase the health and productivity of food animals, prevent and control diseases in animals, manage the well-being of animals and provide service to the livestock and companion animals market throughout the world. The veterinary services market is hence important to improve public health, improve agricultural business and guarantee safe animal produces to consumers.
Q5: How big is the Veterinary Services Market?
A5: Veterinary Services Market Size Was Valued at USD 128.88 Billion in 2023, and is Projected to Reach USD 243.00 Billion by 2032, Growing at a CAGR of 7.3% From 2024-2032.
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