Press release
Spay And Neuter Market Set to Reach $2.97 Billion by 2029 with 5% Yearly Growth
Spay And Neuter Global Market Report 2025
The trend of pet adoption is set to boost the spay and neuter market in the near future. Instead of buying from breeders or pet stores, animal adoption involves acquiring creatures via rescue groups. Spay and neuter procedures serve as a protective measure against various diseases, medical conditions, and unwanted pregnancies among animals. It was reported by Shelter Animals Count, a US-based nonprofit organization that oversees a national database tracking animal shelter statistics, that in January 2024, dog admissions to communities rose by 10% from 2021 and 3% from 2022. In another update from November 2022, Animal Medicines Australia (AMA), an industry body representing the leading figures in Australia's animal health industry, reported that 48% of households had dogs in 2022, according to a national pet and people study. The 2021-2022 APPA National Pet Owners Survey further revealed that approximately 70% of all households, or 90.5 million American homes, own a pet. Therefore, the increasing popularity of adopting animals is contributing to the expansion of the spay and neuter market.
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What growth opportunities are expected to drive the spay and neuter market's CAGR through 2034?
The market size for spaying and neutering has seen consistent growth over recent years. Predictions show an increase from $2.34 billion in 2024 to $2.44 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.5%. Factors contributing to this upward trend during the historic period include an increase in pet population, successful public awareness campaigns, regulatory efforts, advances in veterinary practices, concerns for animal welfare, and the challenges of overpopulation.
The market for spaying and neutering is projected to see consistent expansion in the coming years, reaching a valuation of "$2.97 billion by 2029, with a compound annual growth rate (CAGR) of 5.0%. The growth projected for this period can be credited to global health issues, the growth of mobile veterinary clinics, educational initiatives, government backing, and partnerships with non-profit organizations. Key trends expected in the forecast period include advancements in veterinary technologies, an increase in public consciousness and education, initiatives by governments and NGOs, emphasis on the welfare of animals, and new developments in sterilization techniques.
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What are the emerging trends shaping the future of the spay and neuter market?
The rise in product innovations is a notable trend within the spay and neuter market. The main players in this market are focusing on launching novel and superior products to fortify their market standing. For example, in July 2022, Virbac, a company specializing in animal health products and pharmaceuticals based in France, introduced VETERINARY HPM. This distinctive range of pet food is specifically designed for spayed and neutered animals, incorporating special ingredients to deliver nutritional benefits post-procedure.
Which growth-oriented segments of the spay and neuter market are leading the industry's development?
The spay and neuter market covered in this report is segmented -
1) By Animal Type: Dogs, Cats, Other Animals
2) By Provider Type: Veterinary Clinics And Hospitals, Other Providers
3) By End-User: Animal Welfare Groups, Pet Owners
Subsegments:
1) By Dogs: Small Breeds, Medium Breeds, Large Breeds
2) By Cats: Domestic Short Hair, Domestic Long Hair, Pure Breeds
3) By Other Animals: Rabbits, Guinea Pigs, Ferrets
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What regions are leading the charge in the spay and neuter market?
North America was the largest region in the spay and neuter market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global spay and neuter market report during the forecast period. The regions covered in the spay and neuter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the spay and neuter market?
Major companies operating in the spay and neuter market include CVS Group Plc, VetPartners Group Limited, Ethos Veterinary Health LLC, PetIQ, VCA Animal Hospitals Incorporated, Veritas Veterinary Partners, AniCura AB, Companions Spay & Neuter, Petco Animal Supplies Inc., Naoi Animal Hospital, Houston Humane Society, East Valley Veterinary Clinic, Animal Spay-Neuter Clinic, Chisholm Trail Veterinary Clinic, Low-Cost Spay/Neuter Clinics - NHSPCA, Oakdale Veterinary Group, PetIQ, Queen City Animal Hospital, Suveto Veterinary Health Hospital, Thornhill Veterinary Clinic, Veritas Veterinary Partners, VetPartners Group Limited, Willow Rock Pet Hospital
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What Is Covered In The Spay And Neuter Global Market Report?
• Market Size Forecast: Examine the spay and neuter market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the spay and neuter market for a structured understanding.
• Key Players Overview: Analyze major players in the spay and neuter market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the spay and neuter market.
• Segment Contributions: Evaluate how different segments drive overall growth in the spay and neuter market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the spay and neuter market.
• Industry Challenges: Identify potential risks and obstacles affecting the spay and neuter market.
• Competitive Landscape: Review strategic developments in the spay and neuter market, including expansions, agreements, and new product launches.
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