Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+ Industry Domains
Report
Press Release
Blogs
Industry Statistics
Add 2 More Reports For 20% off

Report Overview

The Australia veterinary healthcare market was valued at USD 1.95 Billion in 2025 and is expected to grow at a CAGR of 6.20%, reaching USD 3.56 Billion by 2035. The market growth is driven by advanced veterinary infrastructure, rising pet ownership, and growing awareness of animal well-being. Increasing adoption of preventive care, pet insurance, and digital health solutions is expected to boost growth. Expanding R&D in animal biologics and the demand for livestock disease management further enhance market prospects during the forecast period.

Key Market Trends and Insights

  • By product, the therapeutics segment is expected to lead the market during the forecast period, accounting for nearly 50% of the revenue.
  • Diagnostics is expected to witness significant growth in the forecast period.
  • Based on animal type, the dogs and cats’ segment will likely lead the market during the forecast period.

Market Size and Forecast

  • Market Size (2025): USD 1.95 Billion
  • Projected Market Size (2035): USD 3.56 Billion
  • CAGR (2026-2035): 6.20%
2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • In July 2025, Altano Group partnered with Australia’s Scone Equine Group, enhancing advanced equine care services. Such collaborations are expected to strengthen veterinary expertise and significantly drive growth in the market.

  • One of the major market trends includes the recognition of Veterinary Technologists as healthcare professionals. For instance, in December 2024, the ABS officially classified them under the Miscellaneous Health Professionals group, boosting workforce recognition and veterinary healthcare market growth.

  • In July 2024, the Zoetis Foundation granted USD 109,000 to the Australian Veterinary Association for its THRIVE program, enhancing veterinary mental health and wellbeing, which is expected to positively influence the veterinary healthcare market growth in Australia.

Compound Annual Growth Rate

6.2%

Value in USD Billion

2026-2035


*this image is indicative*

Australia Veterinary Healthcare Market Overview

Veterinary healthcare plays a vital role in safeguarding animal well-being, ensuring effective disease prevention, treatment, and improved livestock productivity, while also supporting public health and food safety. The veterinary healthcare market in Australia is witnessing steady expansion, driven by rising pet ownership, increased awareness of animal health, and advancements in veterinary medicines and diagnostics. Supportive government initiatives and growing demand for companion animal care further strengthen the market outlook. The market is poised to grow at a CAGR of 6.20% during the forecast period of 2026-2035.

Australia Veterinary Healthcare Market Growth Drivers

Advanced Diagnostics in Australia to Elevate the Growth in the Veterinary Healthcare Market

The rising adoption of advanced diagnostic technologies that enhance clinical accuracy and efficiency is one of the major drivers of the market. In December 2024, Zoetis announced the global launch of its Vetscan OptiCell™, an innovative AI-powered hematology analyzer, to be showcased at VMX 2025. The device, designed for point-of-care use, offers complete blood count analysis within minutes, minimizing errors and improving workflow efficiency. Its planned rollout in Australia from 2025 underscores the increasing emphasis on modern diagnostic solutions, which are expected to accelerate veterinary healthcare market growth in the country.

Australia Veterinary Healthcare Market Trends

The market is witnessing several trends experiencing key trends such as the growing demand for high-quality veterinary services and increased strategic investments in veterinary networks.

Rising Demand for High-Quality Veterinary Services is Likely to Elevate the Market Value

The market is witnessing a growing trend of increasing demand for advanced and high-quality veterinary services. With rising expectations from pet owners for medical care comparable to human healthcare, veterinary clinics are under pressure to deliver complex treatments and diagnostics while managing operational challenges. For instance, in May 2025, the Australian Veterinary Association emphasized the sustainability of veterinary services, highlighting cost transparency and the importance of maintaining high standards. This trend is expected to strengthen market growth as quality-driven services gain greater value in the sector.

Strategic Investments in Veterinary Networks to Enhance Australia Veterinary Healthcare Market Demand

The strategic consolidation of veterinary networks to strengthen service delivery and expand access to advanced animal healthcare is a growing market trend. In October 2023, EQT announced its acquisition of VetPartners, the largest veterinary service provider in Australia and New Zealand, highlighting the increasing focus on investment in diagnostic technologies, workforce development, and sustainable clinical practices. Such large-scale investments are expected to accelerate innovation, enhance service quality, and ultimately boost the growth trajectory of the veterinary healthcare market in Australia.

Australia Veterinary Healthcare Market Share

Dogs and Cats Poised to Dominate the Market Based on the Animal Type

There are various animal groups driving demand in the veterinary sector, segmented into dogs and cats, horses, ruminants, swine, poultry, and others. Among these, dogs and cats are projected to lead the market due to their high healthcare needs and rising prevalence of lifestyle-related conditions. The Pet Food Industry Association of Australia (PFIAA) highlights obesity as the most common form of malnutrition in pets, with surveys showing that 41% of dogs and 32% of cats are overweight or obese, underscoring the growing demand for veterinary interventions.

Leading Players in the Australia Veterinary Healthcare Market

The key features of the market report comprise funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:

Thermo Fisher Scientific Inc.

Thermo Fisher plays a central role in Australia’s veterinary diagnostics landscape by supplying high-throughput molecular platforms, reagents, and kits to reference labs and animal health agencies. Its VetMAX real-time PCR and ELISA tests are widely distributed through partners like AsureQuality Diagnostics, helping detect critical diseases such as bovine tuberculosis, swine fever, and foot-and-mouth disease. This contributes to expanding demand in veterinary diagnostics—a rapidly growing segment in the national animal health market

Boehringer Ingelheim International GmbH

Boehringer Ingelheim is a key provider of veterinary pharmaceuticals and vaccines in Australia, serving both livestock and companion animal sectors. It maintains a local presence in North Ryde, NSW and supports Guide Dogs Australia by supplying vaccines and parasite protection products, such as NexGard SPECTRA, reinforcing its role in preventive animal health. Additionally, the company drives innovation through acquisitions like therapeutic vaccines for companion animals—and invests in digital customer engagement for rural livestock producers.

Merck & Co. Inc.

Merck Animal Health is a major contender in Australia’s veterinary pharmaceuticals market, especially in biologics, which is the fastest-growing segment nationally. The company operates a manufacturing and research facility in Bendigo and Seven Hills, enabling local production and innovation. Merck also enhances diagnostic and livestock health capabilities by integrating digital monitoring tools such as technologies acquired via Poultry Sense Ltd. to support preventative healthcare strategies for Australian producers.

Randox Laboratories Ltd

Randox supplies advanced veterinary diagnostic solutions to the Australian market through its RX Series analyzers. These sophisticated clinical chemistry platforms can test small animal samples (as low as 0.5 μL) and support a wide range of assays across species, from companion animals to livestock, enabling on-site, rapid, and versatile testing for practitioners. As vet diagnostics continue to expand in Australia, Randox’s user-friendly and broad-spectrum testing capabilities reinforce its strategic value.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the market include Zoetis Services LLC, Elanco Animal Health, Ceva Sante Animale, Vetoquinol S.A., Idexx Laboratories Inc., and BioChek Group.

Australia Veterinary Healthcare Market Segmentation

The market report offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

  • Therapeutics
    • Vaccine
    • Parasiticides
    • Anti-Infectives
    • Medical Feed Additives
    • Other Therapeutics
  • Diagnostics
    • Immunodiagnostic Tests
    • Molecular Diagnostics
    • Diagnostic Imaging
    • Clinical Chemistry
    • Other Diagnostics

Market Breakup by Animal Type

  • Dogs and Cats
  • Horses
  • Ruminants
  • Swine
  • Poultry
  • Others

Key Questions Answered in the Australia Veterinary Healthcare Market Report

  • What was the Australia veterinary healthcare market value in 2025?
  • What is the Australia veterinary healthcare market forecast outlook for 2026-2035?
  • What are the major factors aiding the Australia veterinary healthcare market demand?
  • How has the market performed so far, and how is it anticipated to perform in the coming years?
  • What are the market's major drivers, opportunities, and restraints?
  • What are the major Australia veterinary healthcare market trends?
  • Which product type is projected to lead the market segment?
  • Which animal type is anticipated to drive the market segment?
  • Who are the key players involved in the Australia veterinary healthcare market?
  • What are the current unmet needs and challenges in the market?
  • How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Animal Type
Breakup by Product
  • Therapeutics
  • Diagnostics
Breakup by Animal Type
  • Dogs and Cats
  • Horses
  • Ruminants
  • Swine
  • Poultry
  • Others
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • PESTEL Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Company News and Developments
    • Certifications
Companies Covered
  • Thermo Fisher Scientific Inc.
  • Boehringer Ingelheim International GmbH
  • Merck & Co. Inc.
  • Randox Laboratories Ltd
  • Zoetis Services LLC
  • Elanco Animal Health
  • Ceva Sante Animale
  • Vetoquinol S.A.
  • BioChek Group
  • Idexx Laboratories Inc.

Single User License

10 % Off

USD

3,099

2,789

Datasheet

10 % Off

USD

1,999

1,799

Five User License

15 % Off

USD

4,599

3,909

Corporate License

15 % Off

USD

5,999

5,099

Single User License

One User

USD 3,099

USD 2,789

tax inclusive*

  • All Segments
  • Printing Restrictions
  • PDF Delivered via Email
  • Custom Report Layout
  • Post Sales Analysts Support
  • Periodic Updates
  • Unlimited Prints

Datasheet

One User

USD 1,999

USD 1,799

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • Excel Spreadsheet Delivered via Email
  • Full Report
  • Periodic Updates
  • Post Sales Analysts Support
  • Unlimited Prints

Five User License

Five User

USD 4,599

USD 3,909

tax inclusive*

  • All Segments
  • Five Prints Available
  • PDF Delivered via Email
  • Limited Free Customization
  • Post Sales Analyst Support
  • Custom Report Layout
  • Periodic Updates
  • Unlimited Prints

Corporate License

Unlimited Users

USD 5,999

USD 5,099

tax inclusive*

  • All Segments
  • Unlimited Prints Available
  • PDF & Excel Delivery via Email
  • Limited Free Customization
  • Post Sales Analysts Support
  • Discount On Next Update
  • Custom Report Layout

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complimentary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

How To Order

This is a collaborative report by Vishakha Agrawal reflecting perspectives and research-driven insights from Expert Market Research.

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

License Type

Select License Type

Choose the right license for your needs and access rights.

shopping cart

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Bookmark Icon

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us