Product Code: GVR-2-68038-551-9
Veterinary Services Market Summary
The global veterinary services market size was estimated at USD 156.3 billion in 2025 and is projected to reach USD 292.8 billion by 2033, growing at a CAGR of 8.1% from 2026 to 2033. The industry is advancing, driven by rising pet ownership and spending on animal healthcare, rising prevalence of chronic and infectious diseases in pets and livestock, and advancements in diagnostics and treatment technologies.
Growing demand for preventive care, wellness services, and specialized veterinary expertise is accelerating market growth. For instance, in September 2025, SignalPET introduced SignalPET 360°, a comprehensive radiology solution designed to streamline veterinary diagnostics. The platform integrates AI-powered immediate triage, a complete AI Report modeled after radiologist reports, and 24/7 access to board-certified radiologists, all in one system. By merging AI technology with radiologist expertise, the platform enables clinics to work more efficiently, make more confident decisions, and provide better patient care.
The veterinary services market is witnessing strong growth, driven by the rapid rise in pet ownership and the increasing focus on preventive healthcare. In 2024, 66% of U.S. households (86.9 million homes) owned a pet, with dogs and cats making up the majority. This surge in pet adoption has driven demand for routine veterinary checkups, diagnostics, and preventive services, as pet owners increasingly view animals as family members. Spending reflects this trend-pet-related expenditures reached USD 150.6 billion in 2024, up from USD 147.0 billion in 2023, with diagnostics gaining a growing share. For example, IDEXX's 2024 survey revealed that 73% of Millennials and 71% of Gen Z pet parents support annual wellness diagnostics, underscoring a generational shift toward proactive health management.
The market is further supported by increasing pet lifespans and the growing healthcare needs of senior animals. IDEXX reported that the average lifespan of dogs rose from 11.6 years in 2010 to 13.4 years in 2024, while cats now live up to 14.4 years on average. With age, diagnostic demand rises significantly-per-patient diagnostic revenue grows from USD 50 in puppies and kittens to USD 170 in geriatric pets, reaching as high as USD 395 in wellness-focused practices. This trend highlights diagnostics' central role in managing chronic and age-related conditions such as kidney disease, cancer, and orthopedic disorders, fueling steady revenue growth for veterinary providers.
Another key driver is expanding pet insurance, which lowers financial barriers to diagnostics. In January 2026, Progressive Insurance launched pet insurance for cats and dogs, offering accident, illness, and optional wellness coverage. It has been available across most U.S. states, with plans averaging USD 47 monthly, helping manage unexpected veterinary expenses. Similarly, the North American Pet Health Insurance Association (NAPHIA) reported that pet insurance premiums surpassed USD 4.27 billion in 2023, reflecting rising demand for comprehensive coverage. Insurance-driven affordability increases uptake of advanced diagnostic tools and strengthens early disease detection and preventive care adoption. In addition to companion animals, equine insurance plans also expand diagnostic coverage for conditions such as lameness and metabolic issues, broadening opportunities within the market.
Global Veterinary Services Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global veterinary services market report based on animal, service, and region.
- Animal Outlook (Revenue, USD Million, 2021 - 2033)
- Companion Animals
- Production Animals
- Cattle
- Poultry
- Swine
- Others
- Service Outlook (Revenue, USD Million, 2021 - 2033)
- Medical Services
- Diagnosis
- In-Vitro Diagnosis
- In-Vivo Diagnosis
- Preventative Care
- Treatment
- Consultation
- Surgery
- Others
- Non-Medical Services
- Pet Services
- Livestock Services
- Regional Outlook (Revenue, USD Million, 2021 - 2033)
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Denmark
- Sweden
- Norway
- Asia Pacific
- Japan
- India
- China
- South Korea
- Australia
- Thailand
- Latin America
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Kuwait
- Qatar
- Oman
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Segment Definitions
- 1.2.1. Animal
- 1.2.2. Service
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.4.3. Secondary Sources
- 1.4.4. Primary Research
- 1.5. Information/Data Analysis
- 1.5.1. Data Analysis Models
- 1.6. Market Formulation & Validation
- 1.7. Model Details
- 1.7.1. Model 1: Commodity Flow Analysis
- 1.7.2. Model 2: Bottom-Up Analysis
- 1.7.3. Model 3 Volume-Pricing Analysis
- 1.8. List of Secondary Sources
- 1.9. List of Abbreviations
- 1.10. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Market Variable Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Ancillary/Related Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Market Opportunity Analysis
- 3.3. Service Pricing Analysis
- 3.4. Estimated Animal Population by Key Species & Key Countries, 2025
- 3.5. Market Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. PESTEL by SWOT Analysis
Chapter 4. Veterinary Services Market: By Animal Estimates & Trend Analysis
- 4.1. Veterinary Services Market, By Animal: Segment Dashboard
- 4.2. Veterinary Services Market, By Animal Movement Analysis
- 4.3. Veterinary Services Market Estimates & Forecasts, by Animal, 2021 to 2033 (USD Million)
- 4.4. Companion Animals
- 4.4.1. Companion Animals Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.4.2. Dogs
- 4.4.2.1. Dogs Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.4.3. Cats
- 4.4.3.1. Cats Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.4.4. Horses
- 4.4.4.1. Horses Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.4.5. Others
- 4.4.5.1. Others Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.5. Production Animals
- 4.5.1. Production Animals Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.5.2. Cattle
- 4.5.2.1. Cattle Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.5.3. Poultry
- 4.5.3.1. Poultry Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.5.4. Swine
- 4.5.4.1. Swine Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.5.5. Others
- 4.5.5.1. Others Market Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 5. Veterinary Services Market: By Service Estimates & Trend Analysis
- 5.1. Veterinary Services Market, By Service: Segment Dashboard
- 5.2. Veterinary Services Market, By Service Movement Analysis
- 5.3. Veterinary Services Market Estimates & Forecasts, by Service, 2021 to 2033 (USD Million)
- 5.4. Medical Services
- 5.4.1. Medical Services Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4.2. Diagnosis
- 5.4.2.1. Diagnosis Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4.2.2. In-Vitro Diagnosis
- 5.4.2.2.1. In-Vitro Diagnosis Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4.2.3. In-Vivo Diagnosis
- 5.4.2.3.1. In-Vivo Diagnosis Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4.3. Preventative Care
- 5.4.3.1. Preventative Care Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4.4. Treatment
- 5.4.4.1. Treatment Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4.4.2. Consultation
- 5.4.4.2.1. Consultation Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4.4.3. Surgery
- 5.4.4.3.1. Surgery Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4.4.4. Others
- 5.4.4.4.1. Others Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.5. Non-Medical Services
- 5.5.1. Non-Medical Services Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.5.2. Pet Services
- 5.5.2.1. Pet Services Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.5.3. Livestock Services
- 5.5.3.1. Livestock Services Market Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 6. Veterinary Services Market: By Regional Estimates & Trend Analysis
- 6.1. Region Market Dashboard
- 6.2. Region Market Share Analysis, 2025 & 2033
- 6.3. North America
- 6.3.1. North America Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.3.2. U.S
- 6.3.2.1. Key Country Dynamics
- 6.3.2.2. Competitive Scenario
- 6.3.2.3. Regulatory Framework
- 6.3.2.4. U.S. Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.3.3. Canada
- 6.3.3.1. Key Country Dynamics
- 6.3.3.2. Competitive Scenario
- 6.3.3.3. Regulatory Framework
- 6.3.3.4. Canada Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.3.4. Mexico
- 6.3.4.1. Key Country Dynamics
- 6.3.4.2. Competitive Scenario
- 6.3.4.3. Regulatory Framework
- 6.3.4.4. Mexico Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4. Europe
- 6.4.1. Europe Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.2. UK
- 6.4.2.1. Key Country Dynamics
- 6.4.2.2. Competitive Scenario
- 6.4.2.3. Regulatory Framework
- 6.4.2.4. UK Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.3. Germany
- 6.4.3.1. Key Country Dynamics
- 6.4.3.2. Competitive Scenario
- 6.4.3.3. Regulatory Framework
- 6.4.3.4. Germany Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.4. France
- 6.4.4.1. Key Country Dynamics
- 6.4.4.2. Competitive Scenario
- 6.4.4.3. Regulatory Framework
- 6.4.4.4. France Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.5. Italy
- 6.4.5.1. Key Country Dynamics
- 6.4.5.2. Competitive Scenario
- 6.4.5.3. Regulatory Framework
- 6.4.5.4. Italy Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.6. Spain
- 6.4.6.1. Key Country Dynamics
- 6.4.6.2. Competitive Scenario
- 6.4.6.3. Regulatory Framework
- 6.4.6.4. Spain Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.7. Denmark
- 6.4.7.1. Key Country Dynamics
- 6.4.7.2. Competitive Scenario
- 6.4.7.3. Regulatory Framework
- 6.4.7.4. Denmark Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.8. Sweden
- 6.4.8.1. Key Country Dynamics
- 6.4.8.2. Competitive Scenario
- 6.4.8.3. Regulatory Framework
- 6.4.8.4. Sweden Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4.9. Norway
- 6.4.9.1. Key Country Dynamics
- 6.4.9.2. Competitive Scenario
- 6.4.9.3. Regulatory Framework
- 6.4.9.4. Norway Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5.2. Japan
- 6.5.2.1. Key Country Dynamics
- 6.5.2.2. Competitive Scenario
- 6.5.2.3. Regulatory Framework
- 6.5.2.4. Japan Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5.3. China
- 6.5.3.1. Key Country Dynamics
- 6.5.3.2. Competitive Scenario
- 6.5.3.3. Regulatory Framework
- 6.5.3.4. China Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5.4. India
- 6.5.4.1. Key Country Dynamics
- 6.5.4.2. Competitive Scenario
- 6.5.4.3. Regulatory Framework
- 6.5.4.4. India Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5.5. Australia
- 6.5.5.1. Key Country Dynamics
- 6.5.5.2. Competitive Scenario
- 6.5.5.3. Regulatory Framework
- 6.5.5.4. Australia Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5.6. Thailand
- 6.5.6.1. Key Country Dynamics
- 6.5.6.2. Competitive Scenario
- 6.5.6.3. Regulatory Framework
- 6.5.6.4. Thailand Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5.7. South Korea
- 6.5.7.1. Key Country Dynamics
- 6.5.7.2. Competitive Scenario
- 6.5.7.3. Regulatory Framework
- 6.5.7.4. South Korea Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.6. Latin America
- 6.6.1. Latin America Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.6.2. Brazil
- 6.6.2.1. Key Country Dynamics
- 6.6.2.2. Competitive Scenario
- 6.6.2.3. Regulatory Framework
- 6.6.2.4. Brazil Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.6.3. Argentina
- 6.6.3.1. Key Country Dynamics
- 6.6.3.2. Competitive Scenario
- 6.6.3.3. Regulatory Framework
- 6.6.3.4. Argentina Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.7. MEA
- 6.7.1. MEA Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.7.2. South Africa
- 6.7.2.1. Key Country Dynamics
- 6.7.2.2. Competitive Scenario
- 6.7.2.3. Regulatory Framework
- 6.7.2.4. South Africa Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.7.3. UAE
- 6.7.3.1. Key Country Dynamics
- 6.7.3.2. Competitive Scenario
- 6.7.3.3. Regulatory Framework
- 6.7.3.4. UAE Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.7.4. Saudi Arabia
- 6.7.4.1. Key Country Dynamics
- 6.7.4.2. Competitive Scenario
- 6.7.4.3. Regulatory Framework
- 6.7.4.4. Saudi Arabia Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.7.5. Kuwait
- 6.7.5.1. Key Country Dynamics
- 6.7.5.2. Competitive Scenario
- 6.7.5.3. Regulatory Framework
- 6.7.5.4. Kuwait Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.7.6. Qatar
- 6.7.6.1. Key Country Dynamics
- 6.7.6.2. Competitive Scenario
- 6.7.6.3. Regulatory Framework
- 6.7.6.4. Qatar Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.7.7. Oman
- 6.7.7.1. Key Country Dynamics
- 6.7.7.2. Competitive Scenario
- 6.7.7.3. Regulatory Framework
- 6.7.7.4. Oman Market Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Market Participant Categorization
- 7.1.1. Market Leaders
- 7.1.2. Emerging Players
- 7.2. Market Share/Assessment Analysis, 2025 (Heat Map Analysis)
- 7.3. Company Profiles
- 7.3.1. CVS Group Plc
- 7.3.1.1. Participant's Overview
- 7.3.1.2. Financial Performance
- 7.3.1.3. Service Benchmarking
- 7.3.1.4. Strategic Initiatives
- 7.3.2. Mars Incorporated
- 7.3.2.1. Participant's Overview
- 7.3.2.2. Financial Performance
- 7.3.2.3. Service Benchmarking
- 7.3.2.4. Strategic Initiatives
- 7.3.3. National Veterinary Associates
- 7.3.3.1. Participant's Overview
- 7.3.3.2. Financial Performance
- 7.3.3.3. Service Benchmarking
- 7.3.3.4. Strategic Initiatives
- 7.3.4. Pets at Home Group PLC
- 7.3.4.1. Participant's Overview
- 7.3.4.2. Financial Performance
- 7.3.4.3. Service Benchmarking
- 7.3.4.4. Strategic Initiatives
- 7.3.5. Greencross Vets
- 7.3.5.1. Participant's Overview
- 7.3.5.2. Financial Performance
- 7.3.5.3. Service Benchmarking
- 7.3.5.4. Strategic Initiatives
- 7.3.6. Fetch! Pet Care
- 7.3.6.1. Participant's Overview
- 7.3.6.2. Financial Performance
- 7.3.6.3. Service Benchmarking
- 7.3.6.4. Strategic Initiatives
- 7.3.7. IVC Evidensia
- 7.3.7.1. Participant's Overview
- 7.3.7.2. Financial Performance
- 7.3.7.3. Service Benchmarking
- 7.3.7.4. Strategic Initiatives
- 7.3.8. A Place for Rover, Inc.
- 7.3.8.1. Participant's Overview
- 7.3.8.2. Financial Performance
- 7.3.8.3. Service Benchmarking
- 7.3.8.4. Strategic Initiatives
- 7.3.9. PetSmart LLC
- 7.3.9.1. Participant's Overview
- 7.3.9.2. Financial Performance
- 7.3.9.3. Service Benchmarking
- 7.3.9.4. Strategic Initiatives
- 7.3.10. Airpets International
- 7.3.10.1. Participant's Overview
- 7.3.10.2. Financial Performance
- 7.3.10.3. Service Benchmarking
- 7.3.10.4. Strategic Initiatives