Increasing Implementation Across Livestock Segment is Driving the Progression of Global Veterinary Services Market | The Animal Medical Center, Abaxis, The Bergh Memorial Animal Hospital, VCA (all based in the US), CVS Group (UK), Benfield Pet Hospital

Veterinary services include all kinds of systems, services, facilities, and solutions that cater to animal health welfare such as medical devices, surgery, dentistry, nursing, medication, alternative therapies, hospitalization, behavioral therapies, specialist referrals, etc. They usually provide services to farm animals, pets, as well as animals kept in zoos, and wildlife parks. Growing awareness regarding the necessity and availability of emergency veterinary services is significantly contributing to the progress of this market.

The veterinary services play a vital role in conserving animal health and welfare, as well as ensuring the safety of animals during transportation. These services also enable the protection of public health by ensuring food safety across the world. Veterinary services are a significant aspect of the preventive approach required to overcome zoonotic diseases within the livestock population.

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Rising Government Initiatives for Food Security are Boosting the Growth of the Market.

The adoption of pets such as dogs, cats, and even horses, as well as the awareness and concern regarding their health, is growing substantially amongst pet owners. Pets are considered not only as companions, but also an essential part of the family. These perceptions and rising disposable income of people are resulting in an upsurge in expenditure on pet care. As a result, the market is also experiencing an increasing demand for elderly pet care to cater to the growing health requirements of their aging pets. The easily available information about animal health online is fostering the further involvement of pet owners and boosting the demand for veterinary services.

The adoption of livestock animals such as poultry and cattle is witnessing significant growth due to a rise in the demand for animal-source foods. This is generating higher demand for medicalization rates and the number of government initiatives for food security and biosecurity. Guidelines for reducing prospective biological hazards and risks associated with checks on-farm, pre-slaughter, pre-processing, and processing stages are being issued consistently. Veterinary healthcare is essential for achieving long-term sustainability and improving livestock productivity.

North America holds a substantial share in the global market owing to definitive measures taken by several government animal welfare organizations to develop veterinary services in the U.S. and Canada. New animal education programs are opening up avenues for the adoption of veterinary services by enabling convenient access to these services.

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Surveillance of animal health is highly crucial for the trade of animals and animal products, public health, as well as food safety. Public health organizations are investing in R&D to improve disease surveillance, which will create lucrative opportunities for the further progress of the global veterinary market. However, the expensive veterinary medicines and costly diagnostic imaging equipment are hampering the advancement of the global market.

Key players in the global veterinary services market are focusing on strategic collaborations and partnerships, which are creating potential opportunities and propelling the development of the industry. Main players in the global veterinary services market are The Animal Medical Center, Abaxis, The Bergh Memorial Animal Hospital, VCA (all based in the US), CVS Group (UK), Benfield Pet Hospital, and Greencross Vets (Australia).

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