
Global Veterinary Services Market Size study, by Service Type (Non-medical, Medical), Animal Type (Companion, Production), and Regional Forecasts 2022-2032
Description
Global Veterinary Services Market is valued approximately at USD 129.07 billion in 2023 and is projected to expand with a promising compound annual growth rate of 7.45% over the forecast period from 2024 to 2032. As the bond between humans and animals deepens and the role of pets and livestock in society grows more multifaceted, the demand for both medical and non-medical veterinary services has intensified. From surgical interventions and diagnostics to grooming, boarding, and preventive care, the veterinary services industry is evolving into a full-spectrum ecosystem. These services are no longer a reactive solution to animal illness, but a proactive continuum of care embedded with personalized wellness strategies and long-term health optimization frameworks—especially in the age of zoonotic vigilance and companion animal humanization.
The surging population of companion animals, coupled with increasing disposable income and rising awareness regarding animal health, is pushing veterinary service providers to adopt more technologically advanced and customer-centric approaches. On the production side, demand is further strengthened by the need to maintain herd health, boost productivity, and adhere to biosecurity protocols in livestock management. Government subsidies, growing penetration of pet insurance, and collaborations between private clinics and corporate chains are injecting capital into the sector while also fostering standardization of services. These dynamics are creating an ecosystem wherein general wellness, diagnostics, treatment, and ancillary services form a seamless, high-value chain of veterinary care.
Innovations such as AI-driven diagnostics, wearable health monitors for pets, and tele-veterinary consultations are redefining access and engagement. In the realm of production animals, veterinary services are becoming critical to ensuring food safety, sustainability, and export compliance. Simultaneously, strategic partnerships with pharmaceutical giants and diagnostic firms are expanding the scope of practice for veterinarians, enabling the integration of cutting-edge tools such as genetic screening and automated imaging into everyday operations. Non-medical services—such as grooming, behavioral consulting, and training—are also seeing heightened traction as consumers increasingly treat pets as family members.
Regionally, North America holds the lion’s share of the global veterinary services market, underpinned by widespread veterinary infrastructure, robust pet ownership rates, and substantial veterinary healthcare expenditure. Europe follows with a strong regulatory framework supporting animal welfare and veterinary certification standards. Meanwhile, the Asia Pacific region is expected to witness the fastest growth over the forecast timeline. The rise of urban pet parenting, growing middle-class affluence, and expanding livestock sectors in countries like India, China, and Australia are fueling investments in veterinary clinics, mobile vet units, and rural outreach programs. Latin America and the Middle East & Africa are beginning to demonstrate significant potential, thanks to expanding veterinary education and the emergence of modern pet retail chains.
Major market player included in this report are:
• Zoetis Inc.
• Mars, Incorporated
• CVS Group plc
• VCA Inc.
• Boehringer Ingelheim International GmbH
• Elanco Animal Health Incorporated
• IDEXX Laboratories, Inc.
• Virbac
• PetIQ, Inc.
• National Veterinary Associates
• VetPartners
• Greencross Vets
• Neogen Corporation
• Kindred Biosciences, Inc.
• Pathway Vet Alliance
The detailed segments and sub-segment of the market are explained below:
By Service Type
• Non-medical
• Medical
By Animal Type
• Companion
• Production
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of MEA
Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
The surging population of companion animals, coupled with increasing disposable income and rising awareness regarding animal health, is pushing veterinary service providers to adopt more technologically advanced and customer-centric approaches. On the production side, demand is further strengthened by the need to maintain herd health, boost productivity, and adhere to biosecurity protocols in livestock management. Government subsidies, growing penetration of pet insurance, and collaborations between private clinics and corporate chains are injecting capital into the sector while also fostering standardization of services. These dynamics are creating an ecosystem wherein general wellness, diagnostics, treatment, and ancillary services form a seamless, high-value chain of veterinary care.
Innovations such as AI-driven diagnostics, wearable health monitors for pets, and tele-veterinary consultations are redefining access and engagement. In the realm of production animals, veterinary services are becoming critical to ensuring food safety, sustainability, and export compliance. Simultaneously, strategic partnerships with pharmaceutical giants and diagnostic firms are expanding the scope of practice for veterinarians, enabling the integration of cutting-edge tools such as genetic screening and automated imaging into everyday operations. Non-medical services—such as grooming, behavioral consulting, and training—are also seeing heightened traction as consumers increasingly treat pets as family members.
Regionally, North America holds the lion’s share of the global veterinary services market, underpinned by widespread veterinary infrastructure, robust pet ownership rates, and substantial veterinary healthcare expenditure. Europe follows with a strong regulatory framework supporting animal welfare and veterinary certification standards. Meanwhile, the Asia Pacific region is expected to witness the fastest growth over the forecast timeline. The rise of urban pet parenting, growing middle-class affluence, and expanding livestock sectors in countries like India, China, and Australia are fueling investments in veterinary clinics, mobile vet units, and rural outreach programs. Latin America and the Middle East & Africa are beginning to demonstrate significant potential, thanks to expanding veterinary education and the emergence of modern pet retail chains.
Major market player included in this report are:
• Zoetis Inc.
• Mars, Incorporated
• CVS Group plc
• VCA Inc.
• Boehringer Ingelheim International GmbH
• Elanco Animal Health Incorporated
• IDEXX Laboratories, Inc.
• Virbac
• PetIQ, Inc.
• National Veterinary Associates
• VetPartners
• Greencross Vets
• Neogen Corporation
• Kindred Biosciences, Inc.
• Pathway Vet Alliance
The detailed segments and sub-segment of the market are explained below:
By Service Type
• Non-medical
• Medical
By Animal Type
• Companion
• Production
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of MEA
Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
285 Pages
- Chapter 1. Global Veterinary Services Market Executive Summary
- 1.1. Global Veterinary Services Market Size & Forecast (2022–2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Service Type
- 1.3.2. By Animal Type
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Veterinary Services Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Buyer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Veterinary Services Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Growing Pet Ownership and Humanization Trends
- 3.1.2. Intensification of Livestock Operations and Biosecurity Needs
- 3.1.3. Government Subsidies and Insurance Penetration
- 3.2. Market Challenges
- 3.2.1. Shortage of Skilled Veterinary Professionals
- 3.2.2. High Capital Requirements for Advanced Equipment
- 3.3. Market Opportunities
- 3.3.1. Tele-Veterinary and Mobile Clinic Expansion
- 3.3.2. Integration of AI and IoT in Diagnostics
- 3.3.3. Bundled Wellness and Preventive Care Packages
- Chapter 4. Global Veterinary Services Market Industry Analysis
- 4.1. Porter’s Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s Model
- 4.1.7. Porter’s Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspectives
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Veterinary Services Market Size & Forecasts by Service Type 2022–2032
- 5.1. Segment Dashboard
- 5.2. Global Market: Service Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Non-medical
- 5.2.2. Medical
- Chapter 6. Global Veterinary Services Market Size & Forecasts by Animal Type 2022–2032
- 6.1. Segment Dashboard
- 6.2. Global Market: Animal Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Companion
- 6.2.2. Production
- Chapter 7. Global Veterinary Services Market Size & Forecasts by Region 2022–2032
- 7.1. North America Veterinary Services Market
- 7.1.1. U.S. Market
- 7.1.1.1. Service Type breakdown size & forecasts, 2022–2032
- 7.1.1.2. Animal Type breakdown size & forecasts, 2022–2032
- 7.1.2. Canada Market
- 7.2. Europe Veterinary Services Market
- 7.2.1. UK Market
- 7.2.2. Germany Market
- 7.2.3. France Market
- 7.2.4. Spain Market
- 7.2.5. Italy Market
- 7.2.6. Rest of Europe Market
- 7.3. Asia Pacific Veterinary Services Market
- 7.3.1. China Market
- 7.3.2. India Market
- 7.3.3. Japan Market
- 7.3.4. Australia Market
- 7.3.5. South Korea Market
- 7.3.6. Rest of Asia Pacific Market
- 7.4. Latin America Veterinary Services Market
- 7.4.1. Brazil Market
- 7.4.2. Mexico Market
- 7.5. Middle East & Africa Veterinary Services Market
- 7.5.1. Saudi Arabia Market
- 7.5.2. South Africa Market
- 7.5.3. Rest of MEA Market
- Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Zoetis Inc.
- 8.1.2. Mars, Incorporated
- 8.1.3. CVS Group plc
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Zoetis Inc.
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Mars, Incorporated
- 8.3.3. CVS Group plc
- 8.3.4. VCA Inc.
- 8.3.5. Boehringer Ingelheim International GmbH
- 8.3.6. Elanco Animal Health Incorporated
- 8.3.7. IDEXX Laboratories, Inc.
- 8.3.8. Virbac
- 8.3.9. PetIQ, Inc.
- 8.3.10. National Veterinary Associates
- 8.3.11. VetPartners
- 8.3.12. Greencross Vets
- 8.3.13. Neogen Corporation
- 8.3.14. Kindred Biosciences, Inc.
- 8.3.15. Pathway Vet Alliance
- Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- List of Tables
- TABLE 1. Global Veterinary Services market, report scope
- TABLE 2. Global Veterinary Services estimates & forecasts by Region 2022–2032 (USD Billion)
- TABLE 3. Global Veterinary Services estimates & forecasts by Service Type 2022–2032 (USD Billion)
- TABLE 4. Global Veterinary Services estimates & forecasts by Animal Type 2022–2032 (USD Billion)
- TABLE 5. North America Veterinary Services market estimates & forecasts, 2022–2032 (USD Billion)
- TABLE 6. U.S. Veterinary Services by segment, estimates & forecasts, 2022–2032 (USD Billion)
- TABLE 7. Canada Veterinary Services by segment, estimates & forecasts, 2022–2032 (USD Billion)
- TABLE 8. Europe Veterinary Services market estimates & forecasts, 2022–2032 (USD Billion)
- TABLE 9. Asia Pacific Veterinary Services market estimates & forecasts, 2022–2032 (USD Billion)
- TABLE 10. Latin America Veterinary Services market estimates & forecasts, 2022–2032 (USD Billion)
- TABLE 11. Middle East & Africa Veterinary Services market estimates & forecasts, 2022–2032 (USD Billion)
- TABLE 12. Global Veterinary Services by segment, estimates & forecasts, 2022–2032 (USD Billion)
- TABLE 13. Global Veterinary Services, key trends 2023
- TABLE 14. Global Veterinary Services, growth prospects 2022–2032
- TABLE 15. Global Veterinary Services, Porter’s Five Forces impact analysis
- TABLE 16. Global Veterinary Services, PESTEL analysis
- TABLE 17. Global Veterinary Services, value chain analysis
- TABLE 18. Global Veterinary Services, service adoption patterns
- TABLE 19. Global Veterinary Services, competitive landscape analysis (2023)
- TABLE 20. Global Veterinary Services, regional snapshot 2022–2032
- List of Figures
- FIGURE 1. Global Veterinary Services market, research methodology
- FIGURE 2. Global Veterinary Services, market estimation techniques
- FIGURE 3. Global Veterinary Services, market size estimates & forecast methods
- FIGURE 4. Global Veterinary Services, key trends 2023
- FIGURE 5. Global Veterinary Services, growth prospects 2022–2032
- FIGURE 6. Global Veterinary Services, Porter’s Five Forces Model
- FIGURE 7. Global Veterinary Services, PESTEL analysis
- FIGURE 8. Global Veterinary Services, value chain analysis
- FIGURE 9. Global Veterinary Services by Service Type, 2022 & 2032 (USD Billion)
- FIGURE 10. Global Veterinary Services by Animal Type, 2022 & 2032 (USD Billion)
- FIGURE 11. North America Veterinary Services market 2022 & 2032 (USD Billion)
- FIGURE 12. Europe Veterinary Services market 2022 & 2032 (USD Billion)
- FIGURE 13. Asia Pacific Veterinary Services market 2022 & 2032 (USD Billion)
- FIGURE 14. Latin America Veterinary Services market 2022 & 2032 (USD Billion)
- FIGURE 15. Middle East & Africa Veterinary Services market 2022 & 2032 (USD Billion)
- FIGURE 16. Global Veterinary Services, technology integration trends
- FIGURE 17. Global Veterinary Services, pet insurance penetration rates
- FIGURE 18. Global Veterinary Services, clinic vs. mobile service share
- FIGURE 19. Global Veterinary Services, customer satisfaction metrics
- FIGURE 20. Global Veterinary Services, revenue share by end-use segment (2023)
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