Press release
Veterinary Services Market In-Depth Qualitative Insights And Future Growth Analysis 2020-2030
The Business Research Company
The global veterinary services market is expected to decline from $109.7 billion in 2019 to $84.9 billion in 2020 at a compound annual growth rate (CAGR) of -22.6%. The decline is mainly due to COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $133.7 billion in 2023.
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The veterinary services market consists of sales of veterinary services and related goods by entities (organizations, sole traders and partnerships) that provide veterinary services to pets, farm animals and animals kept in zoos and wildlife parks. This industry includes animal hospitals and veterinary clinics that provide consultation services, treatment, curative medicines to animals.
In developed markets the pet insurance industry is offering new product lines for veterinary services. The insurance cover helps pet owners to explore a range of treatment options, ensuring better healthcare of animals. For example, Healthy Paws pet insurance offers insurance for pet illness, accidents, hereditary and congenital conditions, chronic conditions and alternative care
Veterinary Services Market Segmentation: -
By Type
1. Animal Hospitals And Veterinary Clinics
2. Veterinary Laboratory Testing Services
By Type of Animal
1. Livestock
2. Companion Animals
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Veterinary Services Market Characteristics
4. Veterinary Services Market Product Analysis
5. Veterinary Services Market Supply Chain
......
20. Veterinary Services Market Competitive Landscape
21. Key Mergers And Acquisitions In The Veterinary Services Market
22. Market Background: Veterinary Healthcare Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the veterinary services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the veterinary services market are VCA; Banfield Pet Hospital; Greencross Limited; CVS Group
Contact Information:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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