The global Veterinary Care market size is expected to be worth around US$ 214.5 billion by 2030, according to a new report by Vision Research Reports.
The global Veterinary Care market size was valued at US$ 80.5 billion in 2020 and is anticipated to grow at a CAGR of 8.4% during forecast period 2021 to 2030.
Veterinary Care Market (By Animal Type: Companion Animal, Production Animal; By Type Of Care: Companion Animal, Production Animal) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
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Report Coverage
| Report Coverage | Details |
| Market Size | US$ 214.5 billion by 2030 |
| Growth Rate | CAGR of 8.4% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Animal Type, Type of care |
Growth Factors
Increasing number of government initiatives to safeguard food security is likely to boost the adoption of better veterinary care worldwide. A significant increase in pet adoption and humanization worldwide is mostly responsible for the high need for veterinary care, which is boosting the market growth.
Moreover, the COVID-19 pandemic resulted in increased adoption of pets. In June 2020, at the Society for the Prevention of Cruelty to Animals Los Angeles, pet adoptions were double their normal rate, with almost 10 or 13 adoptions a day. Furthermore, a waiting list had formed for certain types of canines and puppies, as so few were left. Increasing awareness among pet owners for primary check-ups of their pets is further boosting the market.
Key Players
- Merck Animal Health
- Ceva Santé Animale
- Zoetis
- Boehringer Ingelheim GmbH
- Elanco
- IDEXX Laboratories, Inc.
- Heska Corp.
- Virbac
- Vetoquinol S.A.
- Indian Immunologicals Ltd.
Market Segmentation
- Animal Type Outlook
- Companion Animal
- Dogs
- Cats
- Equine
- Others
- Production Animal
- Companion Animal
- Type Of Care Outlook
- Companion Animal
- Primary
- Emergency
- Critical
- Specialty Services
- Production Animal
- Primary
- Emergency
- Critical
- Specialty services
- Companion Animal
- Regional Outlook
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- Middle East and Africa
- South Africa
- North America
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Veterinary Care Market, By Animal Type
7.1. Veterinary Care Market, by Animal Type, 2021-2030
7.1.1. Companion Animal
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Production Animal
7.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Veterinary Care Market, By Type Of Care
8.1. Veterinary Care Market, by Type Of Care, 2021-2030
8.1.1. Companion Animal
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Production Animal
8.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Veterinary Care Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.1.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.1.3.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.1.4.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.2.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.2.3.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.2.4.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.2.5.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.2.6.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.3.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.3.3.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.3.4.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.3.5.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.3.6.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.4.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.4.3.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.4.4.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.4.5.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.4.6.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.5.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.5.3.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Animal Type (2016-2030)
9.5.4.2. Market Revenue and Forecast, by Type Of Care (2016-2030)
Chapter 10. Company Profiles
10.1. Merck Animal Health
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Ceva Santé Animale
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Zoetis
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Boehringer Ingelheim GmbH
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Elanco
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. IDEXX Laboratories, Inc.
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Heska Corp.
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Virbac
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Vetoquinol S.A.
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Indian Immunologicals Ltd.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
Glossary of Terms
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