Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
The global veterinary healthcare market attained a value of about USD 35.53 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.4% to reach nearly USD 73.33 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The market for veterinary healthcare is being aided by the growing pet ownership, especially by the millennial and Gen-Z population. Pet parents are increasingly focusing on boosting the quality of life of their pets, due to which the demand for pet vaccines is significantly surging. The demand for optimal animal health is further fuelled by the growing trend of pet therapy and pet humanisation. As the prevalence of pet therapy as an alternative treatment is becoming popular among the young population, the market for veterinary healthcare is poised to grow.
The prevalence of various chronic illnesses in pets is increasing the demand for optimal veterinary healthcare. The rising demand for clinical examination by pet parents is surging the deployment of ultrasound and X-ray technology for diagnosis in pets. As cancer is one of the most common diseases in pets such as cats and dogs, the demand for effective therapeutic treatments for the disease is increasing. Moreover, the rising availability of techniques such as computed axial tomography and magnetic resonance imaging for pets is also bolstering the quality of veterinary healthcare, therefore significantly contributing to the market growth.
Veterinary healthcare refers to the control, diagnosis, and prevention of diseases, treatments, and injuries, in animals. It is essential to ensure the optimal health of animals. Veterinary healthcare comprises various scientific fields, such as toxicology, microbiology, pathology, radiology, and surgeries. It also prevents the transmission of zoonotic diseases in humans.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major products of veterinary healthcare are:
The therapeutics segment is classified into vaccines, parasiticides, anti-infectives, and medical-feed additives, among others. Meanwhile, the diagnostics segment is divided into immunodiagnostic tests, molecular diagnostics, diagnostic imaging, and clinical chemistry, among others.
The market can be broadly categorised on the basis of its animal types into:
The EMR report looks into the regional markets of veterinary healthcare like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The rising deployment of digital technologies to monitor animal wellbeing and health is bolstering the growth of the veterinary healthcare industry. In addition, the growing trend of preventive healthcare to reduce health-related costs is increasing the demand for wearable sensors for animals. As wearable devices can provide crucial animal health statistics such as heart rate, pH levels, and respiration rate, among others, they are increasingly preferred by veterinarians to improve healthcare quality. Moreover, developments in veterinary practice management are increasing the accessibility and cost-effectiveness of veterinary healthcare, which is anticipated to augment the growth of the market.
The integration of artificial intelligence (AI) in veterinary healthcare enables real-time predictive analysis and identifies the cause of diseases, due to which it is increasingly used in diagnostics. Moreover, artificial intelligence (AI) is expected to be widely deployed in medical imaging processing to enhance the accuracy and cost-effectiveness of veterinary diagnostics. The increasing integration of artificial intelligence (AI) in various veterinary healthcare research and development (R&D) activities to effectively analyse data is providing further impetus to the market growth.
The report presents a detailed analysis of the following key players in the global veterinary healthcare market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Product |
|
Breakup by Animal Type |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
In 2023, the global veterinary healthcare market attained a value of nearly USD 35.53 billion.
The market is projected to grow at a CAGR of 8.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 73.33 billion by 2032.
The major market drivers include the rising pet ownership and the growing prevalence of health-related issues in animals.
The key trends supporting the market growth include the integration of artificial intelligence (AI) in veterinary healthcare, the rising trend of preventive healthcare, and the rapid digitisation of veterinary healthcare.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major products considered in the market report are therapeutics and diagnostics.
The significant animal types in the market are dogs and cats, horses, ruminants, swine, and poultry, among others.
The major players in the market are Elanco Animal Health, CEVA SANTE ANIMALE, Vetoquinol S.A., Zoetis Inc., Boehringer Ingelheim International GmbH., and BioChek Group, among others.
How To Order
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.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
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.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124