The Veterinary Care industry's essential commercial information and a wide geographic distribution were analysed to develop Emergen Research's Global Veterinary Care Market Research Report. The study offers thorough coverage of the qualitative and quantitative analysis of the Veterinary Care Market, as well as important statistical information about the market. The research study provides up-to-date projections through 2022 as well as historical data from 2018 to 2019. The research also analyses well-known and up-and-coming market participants, giving a general description of the firm, its product line, business partnerships, and expansion plans.

According to the most recent analysis by Emergen Research, the worldwide veterinary care market had a value of USD 82.71 billion in 2022 and is anticipated to grow at a rate of 5.4% over the next five years. The veterinary care industry is seeing revenue growth as a result of a number of factors, including an increase in the number of pets and public awareness of pet healthcare. Due to pet owners' growing propensity to seek medical care for their four-legged pals, demand for veterinarian services is increasing. The veterinary care market's revenue growth is also fueled by advancements in veterinary technology and medicine, which have made it possible for pet owners to access a wider range of services and treatments for their animals.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

Merck Animal Health, Ceva Santé Animale, Zoetis, Boehringer Ingelheim GmbH, Elanco, IDEXX Laboratories, Inc., Heska Corporation, Virbac, and  Vetoquinol S.A.

Target Audience of the Global Veterinary Care Market Report:

  • Key Market Players
  • Investors
  • Venture capitalists
  • Small- and medium-sized and large enterprises
  • Third-party knowledge providers
  • Value-Added Resellers (VARs)
  • Global market producers, distributors, traders, and suppliers
  • Research organizations, consulting companies, and various alliances interested in this sector
  • Government bodies, independent regulatory authorities, and policymakers

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Segmentations of the Veterinary Care Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2032. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Veterinary Care market on the basis of product, application, and region:

Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2019-2032)
    • Cow
    • Dog
    • Others
  • Type of Care Outlook (Revenue, USD Billion; 2019-2032)
    •  Companion Animal
    • Production Animal  
    • Others
  • Regional Outlook (Revenue, USD Billion; 2019–2032)
    • North America
  1. U.S.
  2. Canada
  3. Mexico
Europe
  1. Germany
  2. France
  3. U.K.
  4. Italy
  5. Spain
  6. Benelux
  7. Rest of Europe
Asia Pacific
  1. China
  2. India
  3. Japan
  4. South Korea
  5. Rest of APAC
Latin America
  1. Brazil
  2. Rest of LATAM
Middle East & Africa
  1. Saudi Arabia
  2. U.A.E.
  3. South Africa
  4. Turkey
  5. Rest of MEA

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Some Key Highlights from the Report

  • The cow segment accounted for largest revenue share in 2021. Rising demand for dairy and meat products is one of the factors driving revenue growth of cow veterinary care. Increase in world's population is driving need for veterinary care for cows to maintain their health and productivity. Development of veterinary technology is a major factor driving revenue of the segment. Introduction of new veterinary care technology, including vaccines, antibiotics, and diagnostic instruments, has increased cow productivity and health and driven farmers to invest in veterinary care.
  • The companion animal segment accounted for largest revenue share in 2021. Rising ownership of pets is a key factor driving revenue growth of the segment. Need for veterinary care services for companion animals including dogs, cats, and others has increased as a result of rising pet ownership. Another factor driving revenue growth of the market is rise in public concern for animal health. The number of pet owners who are willing to spend money on veterinary care services for their animals has increased due to rising awareness about animal health. Furthermore, revenue growth of the segment is driven by improvements in veterinary technology.
  • The market in North America accounted for largest revenue share in 2021. Rising demand for pet insurance and increasing public awareness of the significance of animal healthcare are some of the factors driving revenue growth of the market in the region. Consumers in the region are purchasing pet insurance, which pays for veterinarian procedures, as they become increasingly concerned about health and wellbeing of their pets. Demand for more specialized veterinary care, such as orthopedics, cancer, and dental care, is also driving revenue growth of the veterinary care market in North America. In addition, demand for veterinary services in the production animal sector, is driven by rising frequency of zoonotic diseases such the avian flu and mad cow disease.

Additional information offered by the report:

  • Along with a complete overview of the global Veterinary Care market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Veterinary Care market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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