Product Code: FBI113080
Growth Factors of veterinary care Market
The global veterinary care market is experiencing sustained growth as worldwide pet ownership rises, consumer awareness expands, and advanced healthcare services for companion and livestock animals continue to gain traction. According to the 2024 industry assessment, the veterinary care market reached USD 39.37 billion in 2024, and projections indicate it will grow to USD 41.07 billion in 2025 before climbing significantly to USD 59.56 billion by 2032. This upward trend underscores the increasing prioritization of animal welfare and the widespread adoption of preventive, diagnostic, and specialized veterinary services across the globe.
Market Insights and Key Growth Drivers
Veterinary care encompasses a comprehensive range of medical treatments, diagnostics, preventive services, and surgical procedures designed to improve the well-being of domestic pets, farm animals, and equines. As pet companionship becomes more culturally normalized, especially within urban households, demand for high-quality veterinary care continues to surge. Globally, dogs and cats remain the largest consumer segment, supported by rising adoption trends and heightened awareness of animal wellness.
North America led the global market with a 37.82% share in 2024, driven by high pet ownership rates, advanced medical facilities, and growing consumer spending on pet health services. In the U.S., nearly 70% of households own at least one pet, creating a substantial customer base for preventive check-ups, vaccinations, advanced diagnostics, and emergency services.
Several factors are fueling market expansion worldwide. Increased availability of specialized and routine veterinary care, rising concerns about zoonotic diseases, and greater access to telehealth platforms are enhancing the overall scope of veterinary services. The integration of digital appointment systems, remote consultations, and online pet pharmacy services is also improving accessibility and strengthening client-veterinarian relationships.
Market Trends Driving Growth
A major market trend shaping future growth is the surge in awareness regarding animal health. Governments, NGOs, and veterinary organizations increasingly promote campaigns on pet hygiene, routine veterinary visits, and responsible pet ownership. Additionally, social media has emerged as a powerful tool for disseminating information on pet health, nutrition, and preventive care.
Another significant trend is the rapid integration of advanced medical technologies. PET scans, CT imaging, minimally invasive surgery, and telehealth consultations have become more common in veterinary hospitals and clinics. These advancements improve diagnostic accuracy, reduce treatment times, and enhance overall pet care quality, thereby strengthening market demand across both developed and emerging regions.
Market Challenges
Despite strong growth indicators, rising veterinary service costs remain a significant challenge. The shortage of trained veterinarians, rising operating expenses, and increasing need for advanced medical equipment contribute to higher service prices. According to the Independent Veterinary Practitioners Association, veterinary service costs have risen more than 60% in the past decade, limiting accessibility for lower-income households and restricting broader market penetration.
Segmental Overview
The dogs & cats segment remains the dominant animal type category due to increasing adoption rates and higher spending on wellness and preventive care. Preventive and routine care-including vaccinations, dental cleaning, and general health examinations-represents the largest service segment. Meanwhile, diagnostic care is the fastest-growing segment, driven by expanded use of imaging technologies, laboratory tests, and early-detection diagnostic tools.
Regional Outlook
North America dominates the global market due to widespread pet ownership and the presence of advanced veterinary service networks. Europe follows with strong veterinary infrastructure and high awareness of animal welfare norms. Asia Pacific is emerging as a major growth region, supported by rising disposable incomes, urbanization, and the growing humanization of pets across India, China, and Southeast Asia.
South America and the Middle East & Africa are also experiencing increased veterinary care demand as NGOs, governments, and social media campaigns encourage pet adoption and promote routine pet healthcare.
Conclusion
The global veterinary care market is poised for steady, long-term growth driven by rising pet ownership, expanding access to advanced medical technologies, and a strong global shift toward preventive animal healthcare. With the market set to rise from USD 39.37 billion in 2024 to USD 59.56 billion by 2032, veterinary care will remain a critical pillar of the global animal health ecosystem, supported by innovation, digital integration, and evolving consumer expectations.
Segmentation By Animal Type
- Dogs & Cats
- Horses
- Pigs
- Others
By Type
- Preventive and Routine Care
- Diagnostic Care
- Emergency Care
- Specialized Care
By Region
- North America (By Animal Type, Type, and by Country)
- U.S. (By Animal Type)
- Canada (By Animal Type)
- Mexico (By Animal Type)
- Europe (By Animal Type, Type, and by Country)
- Germany (By Animal Type)
- France (By Animal Type)
- Italy (By Animal Type)
- Spain (By Animal Type)
- U.K. (By Animal Type)
- Russia (By Animal Type)
- Rest of Europe (By Animal Type)
- Asia Pacific (By Animal Type, Type, and by Country)
- China (By Animal Type)
- India (By Animal Type)
- Japan (By Animal Type)
- Australia (By Animal Type)
- Rest of Asia Pacific (By Animal Type)
- South America (By Animal Type, Type, and by Country)
- Brazil (By Animal Type)
- Argentina (By Animal Type)
- Rest of South America (By Animal Type)
- Middle East & Africa (By Animal Type, Type, and by Country)
- South Africa (By Animal Type)
- UAE (By Animal Type)
- Rest of the Middle East & Africa (By Animal Type)
Table of Content
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Trends
4. Key Insights
- 4.1. Overview of the Parent/Related Market
- 4.2. Industry SWOT Analysis
- 4.3. Porter's Five Forces Analysis
- 4.4. Supply Chain Analysis
- 4.5. Regulatory Framework
- 4.6. Recent Technological Advancements
- 4.7. Impact of Tariffs on the Market
5. Global Veterinary Care Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast - By Animal Type
- 5.2.1. Dogs & Cats
- 5.2.2. Horses
- 5.2.3. Pigs
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast - By Type
- 5.3.1. Preventive and Routine Care
- 5.3.2. Diagnostic Care
- 5.3.3. Emergency Care
- 5.3.4. Specialized Care
- 5.4. By Market Analysis, Insights and Forecast - By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. South America
- 5.4.5. Middle East & Africa
6. North America Veterinary Care Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast - By Animal Type
- 6.2.1. Dogs & Cats
- 6.2.2. Horses
- 6.2.3. Pigs
- 6.2.4. Others
- 6.3. Market Analysis, Insights and Forecast - By Type
- 6.3.1. Preventive and Routine Care
- 6.3.2. Diagnostic Care
- 6.3.3. Emergency Care
- 6.3.4. Specialized Care
- 6.4. By Market Analysis, Insights and Forecast - By Country
- 6.4.1. U.S.
- 6.4.1.1. Market Analysis, by Animal Type
- 6.4.1.1.1. Dogs & Cats
- 6.4.1.1.2. Horses
- 6.4.1.1.3. Pigs
- 6.4.1.1.4. Others
- 6.4.2. Canada
- 6.4.2.1. Market Analysis, by Animal Type
- 6.4.2.1.1. Dogs & Cats
- 6.4.2.1.2. Horses
- 6.4.2.1.3. Pigs
- 6.4.2.1.4. Others
- 6.4.3. Mexico
- 6.4.3.1. Market Analysis, by Animal Type
- 6.4.3.1.1. Dogs & Cats
- 6.4.3.1.2. Horses
- 6.4.3.1.3. Pigs
- 6.4.3.1.4. Others
7. Europe Veterinary Care Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast - By Animal Type
- 7.2.1. Dogs & Cats
- 7.2.2. Horses
- 7.2.3. Pigs
- 7.2.4. Others
- 7.3. Market Analysis, Insights and Forecast - By Type
- 7.3.1. Preventive and Routine Care
- 7.3.2. Diagnostic Care
- 7.3.3. Emergency Care
- 7.3.4. Specialized Care
- 7.4. By Market Analysis, Insights and Forecast - By Country
- 7.4.1. Germany
- 7.4.1.1. Market Analysis, by Animal Type
- 7.4.1.1.1. Dogs & Cats
- 7.4.1.1.2. Horses
- 7.4.1.1.3. Pigs
- 7.4.1.1.4. Others
- 7.4.2. France
- 7.4.2.1. Market Analysis, by Animal Type
- 7.4.2.1.1. Dogs & Cats
- 7.4.2.1.2. Horses
- 7.4.2.1.3. Pigs
- 7.4.2.1.4. Others
- 7.4.3. Spain
- 7.4.3.1. Market Analysis, by Animal Type
- 7.4.3.1.1. Dogs & Cats
- 7.4.3.1.2. Horses
- 7.4.3.1.3. Pigs
- 7.4.3.1.4. Others
- 7.4.4. Italy
- 7.4.4.1. Market Analysis, by Animal Type
- 7.4.4.1.1. Dogs & Cats
- 7.4.4.1.2. Horses
- 7.4.4.1.3. Pigs
- 7.4.4.1.4. Others
- 7.4.5. U.K.
- 7.4.5.1. Market Analysis, by Animal Type
- 7.4.5.1.1. Dogs & Cats
- 7.4.5.1.2. Horses
- 7.4.5.1.3. Pigs
- 7.4.5.1.4. Others
- 7.4.6. Russia
- 7.4.6.1. Market Analysis, by Animal Type
- 7.4.6.1.1. Dogs & Cats
- 7.4.6.1.2. Horses
- 7.4.6.1.3. Pigs
- 7.4.6.1.4. Others
- 7.4.7. Rest of Europe
- 7.4.7.1. Market Analysis, by Animal Type
- 7.4.7.1.1. Dogs & Cats
- 7.4.7.1.2. Horses
- 7.4.7.1.3. Pigs
- 7.4.7.1.4. Others
8. Asia Pacific Veterinary Care Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast - By Animal Type
- 8.2.1. Dogs & Cats
- 8.2.2. Horses
- 8.2.3. Pigs
- 8.2.4. Others
- 8.3. Market Analysis, Insights and Forecast - By Type
- 8.3.1. Preventive and Routine Care
- 8.3.2. Diagnostic Care
- 8.3.3. Emergency Care
- 8.3.4. Specialized Care
- 8.4. By Market Analysis, Insights and Forecast - By Country
- 8.4.1. China
- 8.4.1.1. Market Analysis, by Animal Type
- 8.4.1.1.1. Dogs & Cats
- 8.4.1.1.2. Horses
- 8.4.1.1.3. Pigs
- 8.4.1.1.4. Others
- 8.4.2. India
- 8.4.2.1. Market Analysis, by Animal Type
- 8.4.2.1.1. Dogs & Cats
- 8.4.2.1.2. Horses
- 8.4.2.1.3. Pigs
- 8.4.2.1.4. Others
- 8.4.3. Japan
- 8.4.3.1. Market Analysis, by Animal Type
- 8.4.3.1.1. Dogs & Cats
- 8.4.3.1.2. Horses
- 8.4.3.1.3. Pigs
- 8.4.3.1.4. Others
- 8.4.4. Australia
- 8.4.4.1. Market Analysis, by Animal Type
- 8.4.4.1.1. Dogs & Cats
- 8.4.4.1.2. Horses
- 8.4.4.1.3. Pigs
- 8.4.4.1.4. Others
- 8.4.5. Rest of Asia Pacific
- 8.4.5.1. Market Analysis, by Animal Type
- 8.4.5.1.1. Dogs & Cats
- 8.4.5.1.2. Horses
- 8.4.5.1.3. Pigs
- 8.4.5.1.4. Others
9. South America Veterinary Care Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast - By Animal Type
- 9.2.1. Dogs & Cats
- 9.2.2. Horses
- 9.2.3. Pigs
- 9.2.4. Others
- 9.3. Market Analysis, Insights and Forecast - By Type
- 9.3.1. Preventive and Routine Care
- 9.3.2. Diagnostic Care
- 9.3.3. Emergency Care
- 9.3.4. Specialized Care
- 9.4. By Market Analysis, Insights and Forecast - By Country
- 9.4.1. Brazil
- 9.4.1.1. Market Analysis, by Animal Type
- 9.4.1.1.1. Dogs & Cats
- 9.4.1.1.2. Horses
- 9.4.1.1.3. Pigs
- 9.4.1.1.4. Others
- 9.4.2. Argentina
- 9.4.2.1. Market Analysis, by Animal Type
- 9.4.2.1.1. Dogs & Cats
- 9.4.2.1.2. Horses
- 9.4.2.1.3. Pigs
- 9.4.2.1.4. Others
- 9.4.3. Rest of South America
- 9.4.3.1. Market Analysis, by Animal Type
- 9.4.3.1.1. Dogs & Cats
- 9.4.3.1.2. Horses
- 9.4.3.1.3. Pigs
- 9.4.3.1.4. Others
10. Middle East & Africa Veterinary Care Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast - By Animal Type
- 10.2.1. Dogs & Cats
- 10.2.2. Horses
- 10.2.3. Pigs
- 10.2.4. Others
- 10.3. Market Analysis, Insights and Forecast - By Type
- 10.3.1. Preventive and Routine Care
- 10.3.2. Diagnostic Care
- 10.3.3. Emergency Care
- 10.3.4. Specialized Care
- 10.4. By Market Analysis, Insights and Forecast - By Country
- 10.4.1. UAE
- 10.4.1.1. Market Analysis, by Animal Type
- 10.4.1.1.1. Dogs & Cats
- 10.4.1.1.2. Horses
- 10.4.1.1.3. Pigs
- 10.4.1.1.4. Others
- 10.4.2. South Africa
- 10.4.2.1. Market Analysis, by Animal Type
- 10.4.2.1.1. Dogs & Cats
- 10.4.2.1.2. Horses
- 10.4.2.1.3. Pigs
- 10.4.2.1.4. Others
- 10.4.3. Rest of Middle East & Africa
- 10.4.3.1. Market Analysis, by Animal Type
- 10.4.3.1.1. Dogs & Cats
- 10.4.3.1.2. Horses
- 10.4.3.1.3. Pigs
- 10.4.3.1.4. Others
11. Competitive Landscape
- 11.1. Veterinary Care Market, Most Adopted Strategies, 2020-2024
- 11.2. Company Market Share/Ranking Analysis, 2024
12. Company Profiles
- 12.1. Zoetis Services LLC
- 12.1.1. Company Overview
- 12.1.2. Business Overview
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.1.6. SWOT Analysis
- 12.2. Merck & Co., Inc.
- 12.2.1. Company Overview
- 12.2.2. Business Overview
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.2.6. SWOT Analysis
- 12.3. HESTER BIOSCIENCES LIMITED
- 12.3.1. Company Overview
- 12.3.2. Business Overview
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.3.6. SWOT Analysis
- 12.4. Ceva
- 12.4.1. Company Overview
- 12.4.2. Business Overview
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.4.6. SWOT Analysis
- 12.5. IDEXX
- 12.5.1. Company Overview
- 12.5.2. Business Overview
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.5.6. SWOT Analysis
- 12.6. Vetoquinol
- 12.6.1. Company Overview
- 12.6.2. Business Overview
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.6.6. SWOT Analysis
- 12.7. Crown Veterinary Services Pvt. Ltd
- 12.7.1. Company Overview
- 12.7.2. Business Overview
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.7.6. SWOT Analysis
- 12.8. Antech Diagnostics, Inc.
- 12.8.1. Company Overview
- 12.8.2. Business Overview
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.8.6. SWOT Analysis
- 12.9. Virbac
- 12.9.1. Company Overview
- 12.9.2. Business Overview
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.9.6. SWOT Analysis
- 12.10. Boehringer Ingelheim International GmbH
- 12.10.1. Company Overview
- 12.10.2. Business Overview
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 12.10.6. SWOT Analysis
13. Strategic Recommendations