Veterinary Services in Canada
The Veterinary Services industry has exhibited moderate volatility over the past five years. Demand for veterinary services from the agricultural sector contracted. At the same time, demand for routine veterinary care fluctuated significantly over the period. Over the next five years, industry operators will benefit from rising veterinary costs. However, the number of veterinary visits is expected to decline due to more nutritious pet diets and the use of more effective vaccines cutting into the number of veterinary visits required to maintain pet health. Nevertheless, industry revenue is anticipated to grow as the industry becomes more specialized (e.g. through pet oncology and neurology).
Operators in this industry provide medical, dental and surgical treatments for animals. This industry also provides laboratory and diagnostic testing for licensed veterinary practitioners. Companies that manufacture medical supplies or pharmaceuticals for animals are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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