Veterinary services relate to the services given to the animals for the prevention, diagnosis, and treatment of injuries and diseases. The services can be applied to companions and farm animals. Veterinary medicines are easily available and can be applied with or without professional veterinary professionals. Veterinary services are classified based on the service, i.e., Diagnostic Tests and Imaging, Physical Health Monitoring, Surgery, and Other Services (Dental Care, Vaccination, Grooming, Counselling). Veterinary services play an essential role in protecting animal health and welfare and ensuring the safety of animals during transportation.
MARKET DYNAMICS
The rising prevalence of zoonotic and food-borne diseases and significant rise in the adoption of pet animals, including dogs, cats, and horses will spur the demand for veterinary services market. Additionally, increased per capita animal health expenditure and an upsurge in the animal health awareness expected to boost the market growth to significant extent over the forecast period. One of the factors restraining is advancement in technology and the adoption of new trends in agriculture might minimize the use of farming animals.
MARKET SCOPE
The "Global veterinary services Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of veterinary services market with detailed market segmentation by animal type, service, and geography. The global veterinary services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading veterinary services market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global veterinary services market is segmented on the service, and animal type. Based on service, the global veterinary services market is segmented into with surgery, diagnostic tests and imaging, physical health monitoring. Based on the animal type, the veterinary services market is companion animal, and farm animal.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Veterinary services market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Veterinary services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Veterinary services market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Veterinary services market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Veterinary services market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Veterinary services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Veterinary services market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Veterinary services market in these regions.
MARKET PLAYERS
The reports cover key developments in the veterinary services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Veterinary services market are anticipated to lucrative growth opportunities in the future with the rising demand for Veterinary services market in the global market. Below mentioned is the list of few companies engaged in the Veterinary services market.
The report also includes the profiles of key veterinary services market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- CVS Group PLC
- Ethos Veterinary Health
- Greencross Limited
- Idexx laboratories
- Mars Inc.
- National Veterinary Care Ltd
- Patterson Companies Inc
- Pets at Home Group PLC
- Animart LLC
- Vetronic Services Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Veterinary Services Market - By Service
1.3.2 Veterinary Services Market - By Animal Type
1.3.3 Veterinary Services Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VETERINARY SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. VETERINARY SERVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VETERINARY SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. VETERINARY SERVICES - GLOBAL MARKET OVERVIEW
6.2. VETERINARY SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VETERINARY SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE
7.1. OVERVIEW
7.2. SERVICE MARKET FORECASTS AND ANALYSIS
7.3. SURGERY
7.3.1. Overview
7.3.2. Surgery Market Forecast and Analysis
7.4. DIAGNOSTIC TESTS AND IMAGING
7.4.1. Overview
7.4.2. Diagnostic Tests and Imaging Market Forecast and Analysis
7.5. PHYSICAL HEALTH MONITORING
7.5.1. Overview
7.5.2. Physical Health Monitoring Market Forecast and Analysis
8. VETERINARY SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - ANIMAL TYPE
8.1. OVERVIEW
8.2. ANIMAL TYPE MARKET FORECASTS AND ANALYSIS
8.3. COMPANION ANIMAL
8.3.1. Overview
8.3.2. Companion Animal Market Forecast and Analysis
8.3.3. Cats Market
8.3.3.1. Overview
8.3.3.2. Cats Market Forecast and Analysis
8.3.4. Dogs Market
8.3.4.1. Overview
8.3.4.2. Dogs Market Forecast and Analysis
8.3.5. Equine Market
8.3.5.1. Overview
8.3.5.2. Equine Market Forecast and Analysis
8.4. FARM ANIMAL
8.4.1. Overview
8.4.2. Farm Animal Market Forecast and Analysis
8.4.3. Poultry Market
8.4.3.1. Overview
8.4.3.2. Poultry Market Forecast and Analysis
8.4.4. Cattle Market
8.4.4.1. Overview
8.4.4.2. Cattle Market Forecast and Analysis
8.4.5. Swine Market
8.4.5.1. Overview
8.4.5.2. Swine Market Forecast and Analysis
9. VETERINARY SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Veterinary Services Market Overview
9.1.2 North America Veterinary Services Market Forecasts and Analysis
9.1.3 North America Veterinary Services Market Forecasts and Analysis - By Service
9.1.4 North America Veterinary Services Market Forecasts and Analysis - By Animal Type
9.1.5 North America Veterinary Services Market Forecasts and Analysis - By Countries
9.1.5.1 United States Veterinary Services Market
9.1.5.1.1 United States Veterinary Services Market by Service
9.1.5.1.2 United States Veterinary Services Market by Animal Type
9.1.5.2 Canada Veterinary Services Market
9.1.5.2.1 Canada Veterinary Services Market by Service
9.1.5.2.2 Canada Veterinary Services Market by Animal Type
9.1.5.3 Mexico Veterinary Services Market
9.1.5.3.1 Mexico Veterinary Services Market by Service
9.1.5.3.2 Mexico Veterinary Services Market by Animal Type
9.2. EUROPE
9.2.1 Europe Veterinary Services Market Overview
9.2.2 Europe Veterinary Services Market Forecasts and Analysis
9.2.3 Europe Veterinary Services Market Forecasts and Analysis - By Service
9.2.4 Europe Veterinary Services Market Forecasts and Analysis - By Animal Type
9.2.5 Europe Veterinary Services Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Veterinary Services Market
9.2.5.1.1 Germany Veterinary Services Market by Service
9.2.5.1.2 Germany Veterinary Services Market by Animal Type
9.2.5.2 France Veterinary Services Market
9.2.5.2.1 France Veterinary Services Market by Service
9.2.5.2.2 France Veterinary Services Market by Animal Type
9.2.5.3 Italy Veterinary Services Market
9.2.5.3.1 Italy Veterinary Services Market by Service
9.2.5.3.2 Italy Veterinary Services Market by Animal Type
9.2.5.4 Spain Veterinary Services Market
9.2.5.4.1 Spain Veterinary Services Market by Service
9.2.5.4.2 Spain Veterinary Services Market by Animal Type
9.2.5.5 United Kingdom Veterinary Services Market
9.2.5.5.1 United Kingdom Veterinary Services Market by Service
9.2.5.5.2 United Kingdom Veterinary Services Market by Animal Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Veterinary Services Market Overview
9.3.2 Asia-Pacific Veterinary Services Market Forecasts and Analysis
9.3.3 Asia-Pacific Veterinary Services Market Forecasts and Analysis - By Service
9.3.4 Asia-Pacific Veterinary Services Market Forecasts and Analysis - By Animal Type
9.3.5 Asia-Pacific Veterinary Services Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Veterinary Services Market
9.3.5.1.1 Australia Veterinary Services Market by Service
9.3.5.1.2 Australia Veterinary Services Market by Animal Type
9.3.5.2 China Veterinary Services Market
9.3.5.2.1 China Veterinary Services Market by Service
9.3.5.2.2 China Veterinary Services Market by Animal Type
9.3.5.3 India Veterinary Services Market
9.3.5.3.1 India Veterinary Services Market by Service
9.3.5.3.2 India Veterinary Services Market by Animal Type
9.3.5.4 Japan Veterinary Services Market
9.3.5.4.1 Japan Veterinary Services Market by Service
9.3.5.4.2 Japan Veterinary Services Market by Animal Type
9.3.5.5 South Korea Veterinary Services Market
9.3.5.5.1 South Korea Veterinary Services Market by Service
9.3.5.5.2 South Korea Veterinary Services Market by Animal Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Veterinary Services Market Overview
9.4.2 Middle East and Africa Veterinary Services Market Forecasts and Analysis
9.4.3 Middle East and Africa Veterinary Services Market Forecasts and Analysis - By Service
9.4.4 Middle East and Africa Veterinary Services Market Forecasts and Analysis - By Animal Type
9.4.5 Middle East and Africa Veterinary Services Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Veterinary Services Market
9.4.5.1.1 South Africa Veterinary Services Market by Service
9.4.5.1.2 South Africa Veterinary Services Market by Animal Type
9.4.5.2 Saudi Arabia Veterinary Services Market
9.4.5.2.1 Saudi Arabia Veterinary Services Market by Service
9.4.5.2.2 Saudi Arabia Veterinary Services Market by Animal Type
9.4.5.3 U.A.E Veterinary Services Market
9.4.5.3.1 U.A.E Veterinary Services Market by Service
9.4.5.3.2 U.A.E Veterinary Services Market by Animal Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Veterinary Services Market Overview
9.5.2 South and Central America Veterinary Services Market Forecasts and Analysis
9.5.3 South and Central America Veterinary Services Market Forecasts and Analysis - By Service
9.5.4 South and Central America Veterinary Services Market Forecasts and Analysis - By Animal Type
9.5.5 South and Central America Veterinary Services Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Veterinary Services Market
9.5.5.1.1 Brazil Veterinary Services Market by Service
9.5.5.1.2 Brazil Veterinary Services Market by Animal Type
9.5.5.2 Argentina Veterinary Services Market
9.5.5.2.1 Argentina Veterinary Services Market by Service
9.5.5.2.2 Argentina Veterinary Services Market by Animal Type
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL VETERINARY SERVICES MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. VETERINARY SERVICES MARKET, KEY COMPANY PROFILES
12.1. CVS GROUP PLC
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. ETHOS VETERINARY HEALTH
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. GREENCROSS LIMITED
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. IDEXX LABORATORIES
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MARS INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. NATIONAL VETERINARY CARE LTD
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PATTERSON COMPANIES INC
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. PETS AT HOME GROUP PLC
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. ANIMART LLC
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. VETRONIC SERVICES LTD
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. CVS Group PLC
2. Ethos Veterinary Health
3. Greencross Limited
4. Idexx laboratories
5. Mars Inc.
6. National Veterinary Care Ltd
7. Patterson Companies Inc
8. Pets at Home Group PLC
9. Animart LLC
10. Vetronic Services Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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