The global veterinary hospital Market size is expected to reach USD 92.51 billion by 2030, registering a CAGR of 7.07% from 2025 to 2030. The growing pet population is boosting the demand for veterinary clinics and hospitals around the world. Additionally, the COVID-19 pandemic lockdown restrictions led to a rise in the demand for companion animals. For instance, the number of pets in the UK has significantly increased. According to a recent survey conducted by the Pet Food Manufacturers Association, there are currently over 24 million cats and dogs living in the United Kingdom. The market is being driven by the increase in pet ownership, not just in the short term when kittens and puppies need shots, initial checkups, or neutering, but also considerably in the long term as they age into animals needing more veterinarian treatment and care.
The rapidly aging pet population and the availability of advanced pet care options are among the key factors likely to drive expenditure on pets by owners, which is the primary source of revenue growth for veterinary hospitals. Establishment requirements for veterinary hospitals are expected to improve mainly due to the high demand for animal care services for pets & animals food. With the increasing number of pets and pet owners, the focus on animal safety has grown in recent years. Rising concerns and increasing awareness about chronic diseases in companion animals have resulted in high expenditure on pet health. Large spending on animal care is expected to further boost veterinary visits and medication sales in hospitals. Owners are concerned about their pets and consult veterinarians for treatment of several health issues at an early stage. This is further boosting the demand for efficient treatment options, driving the market.
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The rapidly aging pet population and the availability of advanced pet care options are among the key factors likely to drive expenditure on pets by owners, which is the primary source of revenue growth for veterinary hospitals. Establishment requirements for veterinary hospitals are expected to improve mainly due to the high demand for animal care services for pets & animals food. With the increasing number of pets and pet owners, the focus on animal safety has grown in recent years. Rising concerns and increasing awareness about chronic diseases in companion animals have resulted in high expenditure on pet health. Large spending on animal care is expected to further boost veterinary visits and medication sales in hospitals. Owners are concerned about their pets and consult veterinarians for treatment of several health issues at an early stage. This is further boosting the demand for efficient treatment options, driving the market.
Veterinary Hospitals Market Report Highlights
- By animal type, the companion animals segment dominated the market with a 63.58% share in 2024 and is also expected to grow at the highest rate over the forecast period. This is due to the increasing pet population, growing awareness, and rising demand for efficient animal care.
- Based on type, the medicine segment held the highest market share of 44.98% in 2024, owing to its significant distribution in animal pharmacies.
- Based on the sector, the private segment held the highest share of the market at 65.89% in 2024 and is also expected to grow with the highest CAGR over the forecast period.
- North America veterinary hospitals market held the second-largest revenue share of 36.97% in 2024 and is anticipated to maintain this position over the forecast period. North America has a large and well-established veterinary industry, with numerous hospitals and clinics throughout the region.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
- Competitive Landscape: Explore the market presence of key players worldwide
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
The leading players in the Veterinary Hospital market include:
- The Animal Medical Center
- VCA Animal Hospitals
- VetStrategy
- Royal Veterinary College (RVC)
- École Nationale Vétérinaire d'Alfort (ENVA)
- Tierärztliche Hochschule Hannover (TiHo)
- Beijing Xintiandi International Animal Hospital
- MaxPetZ
- Daktari Animal Hospital
- SASH Vets
- HVM Brasil
- OVAH South Africa
- CVS Group
- Greencross Vets
- National Veterinary Associates, Inc. (NVA)
- Pets at Home Group PLC
- Animal Hospital, Inc.
- All Pets Veterinary Hospital
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Veterinary Hospital Market Variables, Trends, & Scope
Chapter 4. Veterinary Hospital Market: Animal Estimates & Trend Analysis
Chapter 5. Veterinary Hospital Market: Type Estimates & Trend Analysis
Chapter 6. Veterinary Hospital Market: Sector Estimates & Trend Analysis
Chapter 7. Veterinary Hospital Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- The Animal Medical Center
- VCA Animal Hospitals
- VetStrategy
- Royal Veterinary College (RVC)
- École Nationale Vétérinaire d'Alfort (ENVA)
- Tierärztliche Hochschule Hannover (TiHo)
- Beijing Xintiandi International Animal Hospital
- MaxPetZ
- Daktari Animal Hospital
- SASH Vets
- HVM Brasil
- OVAH South Africa
- CVS Group
- Greencross Vets
- National Veterinary Associates, Inc. (NVA)
- Pets at Home Group PLC
- Animal Hospital, Inc.
- All Pets Veterinary Hospital
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | October 2024 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 61.64 Billion |
Forecasted Market Value ( USD | $ 92.51 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |
No. of Companies Mentioned | 18 |