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Veterinary Services Market 2023: Demand, Growth Challenges, Industry Analysis And Forecasts To 2032
Veterinary Services Market
The Business Research Company's Veterinary Services Global Market Report 2023 identifies Global meat production as the major driver for the Veterinary Services market's growth in the forecast period. The rising production of meat products supported by the growing population will increase the demand for feed additives in the livestock industry, driving the veterinary healthcare market
The global veterinary services market size will grow from $131.15 billion in 2022 to $142.88 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The market size of veterinary services is expected to grow from $193.21 billion in 2027 at a CAGR of 7.8%.
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Major competitors in the Veterinary Services market are IDEXX Laboratories, Pets at Home Group PLC, National Veterinary Associates, Greencross Limited, Qiagen N.V., CVS Group Plc, The Animal Medical Center, Dechra Pharmaceuticals, and Neogen Corporation.
A key trend in the Veterinary Services market includes Telemedicine. Telemedicine is a subset of telehealth that includes remote clinical and non-clinical elements of the healthcare system. It refers to the direct communication between veterinarians and clients via communication systems such as phones, mail, and video conferencing technologies. This technology also helps in improving existing veterinarian-client-patient relationships.
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The Veterinary Services market is segmented -
1) By Type: Animal Hospitals And Veterinary Clinics, Veterinary Laboratory Testing Services
2) By Type of Animal: Livestock, Companion Animals
3) By Type of Expenditure: Public, Private
4) By Type of Service: Onsite, Offsite
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Veterinary Services market.
The Business Research Company's "Global Veterinary Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Veterinary Services Market Include:
1. Veterinary Services Market Executive Summary
2. Veterinary Services Market Segments
3. Veterinary Services Market Size And Veterinary Services Market Growth Rate
4. Key Veterinary Services Market Trends
5. Major Veterinary Services Market Drivers
……
25. Key Mergers And Acquisitions In The Veterinary Services Market
26. Top Template Companies
27. Veterinary Services Market Opportunities And Strategies
28. Veterinary Services Market, Conclusions And Recommendations
29. Appendix
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