Press release
Animal Hospitals And Veterinary Clinics Market To Witness Astonishing Growth – 2030 | Key Players: Mars Inc., CVS Group Plc, Greencross Vets Limited
The Animal Hospitals And Veterinary Clinics Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.“The global animal hospitals and veterinary clinics market reached a value of nearly $91.3 billion in 2019, having increased at a compound annual growth rate (CAGR) of 4.1% since 2015. The market is expected to decline from $91.3 billion in 2019 to $70.7 billion in 2020 at a rate of -22.6%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5.1% from 2021 ad reach $111.2 billion in 2023.”
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Top Leading Companies of Animal Hospitals And Veterinary Clinics Market are - Mars Inc., CVS Group Plc, Greencross Vets Limited, Medivet Group Limited, Animal and Plant Health Agency and others.
The Animal Hospitals And Veterinary Clinics Market is segmented by Type and Application as follows:
By Type Of Service: Consultation, Surgery, Medicine, Others
By Type Of Animal: Farm Animals, Companion Animals
The global animal hospitals and veterinary clinics market is highly fragmented, with a presence of a large number of small players. The top ten competitors in the market made up to 6.10% of the total market in 2019. Major players in the market include Mars Inc., CVS Group Plc, Greencross Vets Limited, Medivet Group Limited, and Animal and Plant Health Agency.
The top opportunities in the animal hospitals and veterinary clinics market segmented by type will arise in the consultation market segment, which will gain $8.1 billion of global annual sales by 2023. The top opportunities in the animal hospitals and veterinary services market segmented by type of animal will arise in the companion animals segment, which will gain $13.2 billion of global annual sales by 2023. The animal hospitals and veterinary clinics market size will gain the most in the USA at $10.6 billion.
North America was the largest region in the global animal hospitals and veterinary clinics market, accounting for 51.5% of the total in 2019. It was followed by Western Europe, Asia Pacific, and then the other regions. Going forward, the fastest-growing regions in the animal hospitals and veterinary clinics market will be North America, and Asia Pacific, where growth will be at CAGRs of 6.0% and 5.1% respectively during 2019-2023. These will be followed by South America, and Western Europe, where the markets are expected to grow at CAGRs of 4.6% and 3.3% respectively during 2019-2023.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Animal Hospitals And Veterinary Clinics Market Size & Analysis (2016 - 2030)
- Market Share Analysis of Animal Hospitals And Veterinary Clinics Market (%),2016 - 2030
- Animal Hospitals And Veterinary Clinics Market Share, By Brand
- Animal Hospitals And Veterinary Clinics Market Share, By Company
- Animal Hospitals And Veterinary Clinics Market Assessment & Opportunity (Value),2016 - 2030
- Major Companies Animal Hospitals And Veterinary Clinics Market Value Analysis & Forecast
- Promising Animal Hospitals And Veterinary Clinics Development by Major Companies
- Detailed Animal Hospitals And Veterinary Clinics Portfolio of the Major Companies
- Major Deals in the Animal Hospitals And Veterinary Clinics Market
- Major Companies Analysis
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