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.Just what the doctor ordered: Increasing pet ownership and spending on pets are growing revenue
The Veterinary Services industry has performed well over the past five years. A surge in pet ownership in response to the COVID-19 pandemic, higher pet insurance uptake, growing awareness of animal health, and the increasing availability of advanced surgical and diagnostic procedures for animals have benefited the veterinarians. Pet owners are becoming increasingly willing to spend more on pets and vet procedures to prolong their lives. This is also partly due to an increase in the number of high income earners across the economy.
The industry includes veterinary practitioners and animal hospitals. Veterinarians are skilled in medicine and surgery relating to animals. Private veterinary practices are divided into rural practices (treating companion animals and farm animals) and urban practices (mainly treating companion animals).
Table of Contents
About this Industry- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
Industry Performance
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
Operating Conditions
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Vermont Aus Holdco Pty Ltd
- NVA Australia Parent Pty Ltd
Methodology
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