Veterinary Healthcare Market Growing at 6.83% CAGR, Led by North America's 38% Share and Driven by Tech Innovations | DataM Intelligence

Leander, Texas - The Global Veterinary Healthcare Market is projected to be valued at approximately USD 62.28 billion in 2025 and is expected to reach about USD 86.66 billion by 2030, growing at a CAGR of around 6.83% during the forecast period from 2025 to 2030.

This growth is driven by rising pet ownership, increasing prevalence of zoonotic diseases, advancements in veterinary technology including telemedicine and personalized medicine for pets, the development of the livestock industry, and rising regulatory compliance.

United States: Key Industry Developments

✅ November 2025: Veterinary Health Research Centers LLC announced new clinical trials accelerating innovative drug development for pet health, marking a step forward in real-world veterinary therapeutics research.

✅ September 2025: Merck & Co., Inc. obtained regulatory approvals for BRAVECTO® TriUNO, a new extended-spectrum chewable treatment for internal and external parasites in dogs, facilitating enhanced parasite control through veterinarians.

✅ January 2025: Absci and Invetech launched a strategic partnership to develop an AI-powered Half-Life Extension platform for animal health drugs, aiming to bring advanced precision medicine approaches to veterinary therapeutics.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/veterinary-healthcare-market?ram

Asia Pacific / Japan: Key Industry Developments

✅ October 2025: Japanese animal healthcare market valued at ¥2.49 billion continues to grow robustly with increased pet ownership and government support encouraging advanced veterinary diagnostics and therapeutics.

✅ March 2025: Japan-focused innovation in veterinary vaccines and biologics, emphasizing enhanced safety and efficacy alongside personalized medicine approaches, shapes the product landscape with rising investment in R&D.

✅ July 2025: A U.S.-based pet wellness brand launched a Japan-specific product line featuring natural antioxidants such as matcha and green tea extracts, reflecting local consumer preferences for natural and premium pet health supplements.

Key Mergers and Acquisitions (2025):

✅ Just Climate - made a $25 million acquisition of GreenLight Biosciences, a Massachusetts-based developer of sustainable RNA-based solutions for animal health, enhancing innovation in veterinary therapeutics.

✅ Incline Equity Partners - acquired Med-Vet International, an Illinois-based retailer of veterinary products, through a $15 million buyout, expanding retail distribution in the veterinary healthcare sector.

✅ Animalcare Group - acquired Randlab to strengthen its presence in the Australian and New Zealand equine veterinary markets, extending beyond its existing UK and European footprint.

✅ Biogenesis Bago - acquired Mundo Animal, a Brazilian manufacturer of pharmaceuticals and pet food, for $24 million to diversify its veterinary pharmaceutical portfolio across Latin America, facilitating cross-selling opportunities.

✅ BCR Administrare Fond de Pensii - acquired Antibiotice, a Romanian veterinary medicines manufacturer, for $10.4 million to boost pharmaceutical manufacturing and R&D capabilities in the veterinary sector.

Market Segmentation Analysis:

-By Product: Pharmaceuticals dominate with over 62% market share in 2024, driven by anti-infectives, parasiticides, and anti-inflammatory drugs, benefiting from rising pet ownership and disease awareness. Biologics, including vaccines, show fastest growth potential but currently hold a smaller share. Medicated feed additives and nutritional feed additives follow with smaller shares.

-By Animal Type: Production animals segment (including livestock, poultry, swine, cattle, others) leads with over 55% of the market share, fueled by demand for animal products and disease prevention needs. Companion animals (dogs, cats, horses) hold significant but lesser share, growing due to increasing pet adoption and health expenditures.

-By End-User: Veterinary hospitals and clinics command the largest share, over 71%, by providing comprehensive healthcare and dispensing services. Veterinary laboratory testing services and others hold smaller shares.

Purchase this report before year-end and unlock an exclusive 30% discount: https://www.datamintelligence.com/buy-now-page?report=veterinary-healthcare-market?ram (Purchase 2 or more Reports and get 50% Discount)

Emerging Players Reshaping the Veterinary Healthcare Market:

-Zoetis Inc.
A market leader with a broad portfolio of vaccines, therapeutics, and diagnostics, Zoetis drives innovation through strategic expansions and a strong focus on companion and livestock animal health.

-Merck Animal Health (Merck & Co., Inc.)
Leveraging a long legacy in human and animal health, Merck is expanding its aqua business and developing novel vaccines and treatments, solidifying its leadership in diverse veterinary segments.

-Elanco Animal Health
Known for its groundbreaking initiatives in pet care, Elanco focuses on infectious disease prevention and strategic shifts to maintain competitive positioning despite portfolio changes.

-Ceva Santé Animale
The 5th largest global animal health company, Ceva advances with partnerships in next-gen vaccines and therapeutics, targeting broad animal health indications and expanding R&D pipelines.

-IDEXX Laboratories
Specializing in veterinary diagnostics and software-driven healthcare platforms, IDEXX combines analytics with hardware to enhance diagnostics precision and telehealth capabilities in veterinary practices.

-Heska Corporation
Focused on diagnostic innovations and integrated veterinary health solutions, Heska strengthens its market presence with developments in imaging, blood testing, and practice support technologies.

Speak to Our Analyst and Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/veterinary-healthcare-market?ram

Growth Drivers:

-Rising pet ownership and the growing humanization of pets leading to increased spending on veterinary care.

-Technological advancements in veterinary diagnostics, therapeutics, biologics, and digital health solutions including telemedicine and AI integration.

-Increasing prevalence of chronic, age-related, and zoonotic diseases promoting demand for preventive and advanced treatments.

-Growing awareness of animal welfare and focus on preventive care and wellness.

-Expansion of veterinary services, clinics, and accessibility improvements, including telemedicine and mobile veterinary services.

-Rising disposable incomes and growing pet insurance penetration enabling more frequent and sophisticated veterinary healthcare spending.

Key Players:

MSD Animal Health | Novartis International AG | Bayer Healthcare | Cargill Inc. | Merck Ltd. | Boehringer Ingelheim International GmbH | Ceva Animal Health Inc. | Zoetis Animal Healthcare | Elanco Animal Health | Phibro Animal Health

Regional Insights:

-North America (Largest Share): North America leads the global veterinary healthcare market, holding around 38% of the market share, according to different sources. Its dominance is driven by very high pet-ownership, advanced veterinary infrastructure, high per-animal spend, and a mature regulatory & insurance ecosystem.

-Europe (Second Largest): Europe comes in next, accounting for approximately 28% of the veterinary healthcare / animal-health market. The region benefits from stringent animal-welfare legislation, strong research and development in biologics, and widespread adoption of preventive veterinary care.

-Asia-Pacific (Fastest Growing): The Asia-Pacific region contributes roughly 28% of the market, depending on source. It is also the fastest-growing market, powered by rising pet adoption (especially in China, India, Southeast Asia), expanding livestock production, and increasing investments in diagnostics and veterinary pharma.

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription?ram

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.