Press release
Veterinary Healthcare Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Veterinary Healthcare Market Size
In recent times, the veterinary healthcare market has seen significant expansion. It is expected to increase from $210.91 billion in 2024 to $227.13 billion in 2025, with a compound annual growth rate (CAGR) of 7.7%. The remarkable growth in the previous years can be linked to factors such as rise pet ownership, the emergence of zoonotic diseases, the expansion of the livestock industry, and regulatory adherence.
The size of the veterinary healthcare market is anticipated to experience robust expansion in the forthcoming years. It's projected to reach a value of $297.13 billion by 2029, with a compound annual growth rate (CAGR) of 6.9%. The expected increase during this forecast period is linked to factors such as the one health approach, the rise in telemedicine and remote consulting, bespoke treatments for pets, and growth in emerging markets and genomic medicine. Other predicted trends for this period encompass preventive health care, pet insurance, pet nutraceuticals, animal rehabilitation and physiotherapy, and environmental sustainability.
What Key Elements Are Boosting Growth in the Veterinary Healthcare Market?
The forecast period predicts an increase in global meat production, which will consequently boost the veterinary healthcare sector. This increment in meat production is particularly noticeable in emerging economies such as China, India, and Brazil, where meat product demands are fuelled by growing income levels and population increases. It is projected that by 2027, meat and poultry production will see a 76% rise in these developing markets. China's meat importation by 2050 is predicted to see an over 3,500% boost to $150 billion due to an expected surge in chicken, pork, and beef consumption driven by a prospering middle class. The escalating production of meat goods promoted by the population growth will trigger a greater demand for feed additives in the livestock sector, thereby propelling the veterinary healthcare market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3623&type=smp
Who Are the Major Industry Players Fueling Veterinary Healthcare Market Expansion?
Major companies operating in the veterinary healthcare market include Veterinary Healthcare, Zoetis Inc., Boehringer Ingelheim GmbH, Merck & Co Inc., IDEXX Laboratories Inc., Evonik Industries AG, Patterson Companies Inc., Ceva Animal Health LLC, Pets at Home Group PLC, National Veterinary Associates Inc., Phirbo Animal Health, MSD Animal Health UK Ltd., C.H. Boehringer Sohn AG & Co, Eli Lilly and Company, Vetoquinol India Animal Health Pvt Ltd., Virbac Group, Dechra Pharmaceuticals plc, Heska Corp, Phillip Brothers Chemicals Inc., Neogen Corp, Kindred Biosciences Inc., Animalcare Group plc, Biogenesis Bago Saude Animal Ltd., Nexvet Biopharma plc, Norbrook Laboratories Ltd., Ouro Fino Saude Animal Participacoes SA, PetIQ Inc., Veterinary Centers of America. Clinical Veterinary Labs, Inc., Greencross Pty Ltd., Consumer Value Stores Group plc, Independent Vetcare Ltd., AniCura AB, VetPartners UK Holdings Ltd., VetCor Professional Practices LLC .
Which Key Developments Are Influencing the Veterinary Healthcare Market?
The animal medicine market is gradually embracing nanotechnology as a replacement for veterinary antibiotics in the fight against antibiotic resistance. Nanotechnology involves manipulation of matter at atomic and molecular levels. This technology is applied in the animal medicine field to enhance diagnosis, treatment, animal developmental promotion, and output. The primary use of nanoparticles is as alternative antimicrobial substances to lessen antibiotics usage and facilitate pathogenic bacteria detection. Moreover, they serve as drug delivery mediums for innovative drugs and potential vaccines, altering their traits and efficacy, and decreasing drug resistance in animal bodies.
How Is the Segmentation of the Veterinary Healthcare Market Defined?
The veterinary healthcare market covered in this report is segmented -
1) By Type: Veterinary Services, Veterinary Medical Equipment, Animal Medicine
2) By Animal Type: Dogs and Cats, Horses, Ruminants, Swine, Poultry, Other Animals
3) By Product: Instruments/Equipment, Disposables
Subsegments:
1) By Veterinary Services: Pet Care Services (Grooming, Boarding), Veterinary Hospitals And Clinics, Veterinary Diagnostics, Emergency And Specialty Veterinary Services
2) By Veterinary Medical Equipment: Diagnostic Equipment (X-ray, Ultrasound), Surgical Instruments And Equipment, Anesthesia Equipment, Monitoring Equipment (ECG, Pulse Oximeters)
3) By Animal Medicine: Vaccines, Antibiotics And Antimicrobials, Parasiticides, Pain Management Medications, Hormonal And Steroidal Medications
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/veterinary-healthcare-global-market-report
What Is the Leading Region in the Veterinary Healthcare Market?
North America was the largest region in the veterinary healthcare market in 2023. Asia-Pacific was the second-largest region in the veterinary healthcare market. The regions covered in the veterinary healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Is Covered In The Veterinary Healthcare Global Market Report?
- Market Size Analysis: Analyze the Veterinary Healthcare Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Veterinary Healthcare Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Veterinary Healthcare Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Veterinary Healthcare Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3623
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Veterinary Healthcare Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers here
News-ID: 3877660 • Views: …
More Releases from The Business Research Company
2025-2034 Inkjet Coder Market Evolution: Disruptions, Innovations, and Untapped …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Inkjet Coder Market Through 2025?
Strong growth has been witnessed in recent years in the inkjet coder market. It is projected that this market will expand from $2.11 billion in 2024 to $2.27 billion in 2025, experiencing a compound annual growth rate…
Global Industrial Cooking Fire Protection Systems For Food Manufacturing Market …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Industrial Cooking Fire Protection Systems For Food Manufacturing Industry Market Size Be by 2025?
Over the past few years, the market size for industrial cooking fire protection systems used in food manufacturing has seen a consistent growth. It is projected that the market value will grow…
High Speed Engine Market Trends That Will Shape the Next Decade: Insights from I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the High Speed Engine Market Size By 2025?
The market for high speed engines has seen considerable growth in the last few years. The market which is valued at $24.17 billion in 2024 is predicted to reach $25.58 billion in 2025, experiencing a Compound Annual Growth…
Industrial Sector Growth Fuels Expansion Of Evaporative Cooling Market: The Driv …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Evaporative Cooling Market Size Growth Forecast: What to Expect by 2025?
The market size for evaporative cooling has seen a robust growth in recent times. The outlook predicts an escalation from $6.41 billion in 2024 to $6.8 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%.…
More Releases for Veterinary
Veterinary Telehealth Market - Telehealth for Pets: Revolutionizing Veterinary C …
Newark, New Castle, USA: The "Veterinary Telehealth Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Veterinary Telehealth Market: https://www.growthplusreports.com/report/veterinary-telehealth-market/8842
This latest report researches the industry structure, sales, revenue,…
Veterinary Services Market Set for More Growth : National Veterinary Care, Green …
Advance Market Analytics published a new research publication on "Veterinary Services Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Veterinary Services market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Veterinary Clinics Services Market: VIP Petcare, PetVet, Petco, Aiken, SC, Pol V …
Veterinary Clinics Services Market research report provides the best answers to many of the critical business questions and challenges. Furthermore, the data facts and figures gathered to produce this market report are obtained from trustworthy sources like journals, websites, mergers & newspapers, and other authentic sources. In addition, the Veterinary Clinics Services Market research report also includes comparative pricing between major players, profit, and cost of the specified market regions.
Click…
Veterinary Clinics Services Market 2020 Strategic Assessments – Pol Veterinary …
Veterinary Clinics Services Market research report provides an actual industry viewpoint, future trends, and dynamics for market growth rate, market size, trading and key players of the industry with a forecast period of 2025. This comprehensive research report is titled Veterinary Clinics Services Market with Industry Analysis and Opportunity Assessment and it comprises a whole market scenario along with the dynamics affecting it.
Top leading Companies of Global Veterinary Clinics Services…
Veterinary Orthopedic Treatment Market 2019|Top Companies Overview- Adobe Animal …
Animals commonly suffer from different orthopedic conditions that result in abnormal movement, instability, lameness, and others. Orthopedic conditions such as hip dysplasia, elbow dysplasia, patella luxation, and others require a surgical procedure for the treatment of the condition. The treatment involves the administration of drugs along with the use of devices during the surgical procedure.
Get Sample Copy of this Report @ https://www.orianresearch.com/request-sample/1249094
global veterinary orthopedic treatment market is primarily segmented based…
Veterinary Ventilators Market 2019 | Worldwide Market Outlook 2025 | Major Manuf …
As per the latest research study published by Up Market Research, “Global Veterinary Ventilators Market” is estimated to grow at a healthy CAGR % in the coming years. The research report showcases qualitative and quantitative estimations by the industry analysts. The report documents first-hand data, post verification from the industry experts along with each industry manufacturers by the market valuation. Veterinary Ventilators Market report also gives an extensive analysis of…
