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.
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