Press Release

Veterinary Services Market to Grow with a CAGR of 9.05% through 2030

Increasing Pet Ownership and Pet Humanization Trends and Growing Focus on Preventive Care are expected to drive the Global Veterinary Services Market in the forecast period 2026-2030

 

According to TechSci Research report, “Veterinary Services Market – Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2030F”, the Global Veterinary Services Market stood at USD 133.78 Billion in 2024 and is anticipated to project robust growth in the forecast period with a CAGR of 9.05% through 2025-2030.

The global veterinary services market is experiencing significant growth, driven by strategic collaborations, advancements in animal healthcare, and increasing demand for animal-derived products. Leading industry players are adopting multi-faceted business strategies, leveraging specialized expertise to enhance market positioning and service offerings. Additionally, rising pet expenditures, pet humanization trends, sustainability initiatives, and proactive measures from key market participants are fueling demand for comprehensive veterinary care across both companion animals and livestock.

Veterinary services play a critical role in animal health, public health, and economic sustainability. Beyond routine medical care, they are essential for food safety, zoonotic disease prevention, and responsible pet ownership. Preventive healthcare, vaccinations, and specialized treatments help ensure animals lead longer, healthier lives, reducing long-term healthcare costs for pet owners and livestock producers. Moreover, veterinary professionals are at the forefront of monitoring, diagnosing, and controlling infectious diseases, implementing biosecurity measures and vaccination programs to mitigate the risk of zoonotic disease outbreaks. Advancements in diagnostic imaging, surgical procedures, and therapeutic treatments, including regenerative medicine and telemedicine, have further strengthened the industry's ability to manage complex medical conditions. Additionally, veterinarians offer tailored nutritional and behavioral guidance, improving both animal well-being and the human-animal bond, which has become increasingly important in modern pet care.

A significant driver of veterinary market expansion is the growing global consumption of animal-derived products, including meat, dairy, and livestock-based goods. This demand has led to intensified livestock production, increasing the risk of infectious diseases and stress-related conditions in animals, which in turn has heightened the need for robust veterinary interventions. Veterinarians play a crucial role in ensuring the health and productivity of livestock through disease surveillance, vaccination programs, and welfare management solutions. As animal agriculture expands, strict food safety regulations necessitate veterinary oversight to certify animal health within the food supply chain and prevent zoonotic disease transmission. Additionally, growing consumer concerns about ethical sourcing and sustainable livestock practices have prompted veterinarians to work alongside farmers in implementing welfare-focused farming techniques, disease prevention strategies, and environmentally responsible husbandry methods. The integration of digital health monitoring, AI-powered diagnostics, and data-driven disease prevention has further improved livestock management, enabling real-time health tracking and predictive biosecurity measures.

The global veterinary services market is poised for sustained growth, driven by rising pet ownership, evolving consumer expectations, and increasing demand for high-quality animal care. Veterinary professionals continue to shape industry advancements through innovative healthcare solutions, disease control initiatives, and sustainable agricultural practices, ensuring a balance between animal welfare, public health, and economic viability. As the industry invests further in technological innovation and strategic partnerships, veterinary services will remain a cornerstone of global animal healthcare and food safety.

 

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The Global Veterinary Services Market segmentation is based on Animal Type, Service Type, Company, and Region.

Based on its service type, non-medical services segment is the dominating segment in the Global Veterinary Services Market. the primary factors contributing to the dominance of non-medical services is the expansion of the pet care industry, particularly in developed economies where disposable income for pet-related expenditures has risen. Pet owners are increasingly prioritizing preventive and wellness-focused care, seeking services that go beyond medical interventions. Grooming services, for example, have evolved from basic hygiene maintenance to specialized treatments such as dermatological care, fur conditioning, and breed-specific styling, catering to the aesthetic and health needs of pets. Similarly, boarding and daycare facilities have transformed into luxury pet resorts that provide enrichment activities, socialization opportunities, and personalized care plans, appealing to pet owners who travel frequently or require daily supervision for their animals.

Behavioral training and therapy services have also gained significant traction, particularly as pet adoption rates continue to rise. Many pet owners seek professional behavioral interventions to address anxiety, aggression, or socialization challenges, ensuring their pets integrate seamlessly into their households. The demand for customized training programs tailored to specific breeds, temperaments, and lifestyles has contributed to the expansion of this segment. Additionally, nutritional counseling services have become a critical component of non-medical veterinary offerings, as pet owners increasingly focus on specialized diets, organic pet food, and veterinary-approved meal plans to optimize their pets' health and longevity.

Based on region, The Asia Pacific region is set to experience the fastest growth in the global veterinary services market, driven by rising pet ownership, increasing livestock production, growing awareness of animal health, and expanding veterinary infrastructure. Several key factors, including economic development, urbanization, technological advancements, and government initiatives, are fueling this rapid expansion and transforming the veterinary landscape across the region. The primary drivers of market growth in Asia Pacific is the surging pet population and the increasing humanization of pets. Countries such as China, India, Japan, and Australia are witnessing a sharp rise in pet ownership, particularly among the urban middle class and younger generations. As disposable incomes rise, more consumers are willing to invest in high-quality veterinary care, preventive treatments, and premium pet services. The shift from pets being viewed as mere companions to family members has led to greater demand for routine check-ups, vaccinations, pet insurance, grooming, and behavioral therapy, further expanding the market.


Some of the major companies operating in the Global Veterinary Services Market include:

  • CVS Group Plc
  • Mars Incorporated
  • National Veterinary Associates
  • Pets at Home Group PLC
  • Greencross Vets
  • Fetch! Pet Care
  • IVC Evidensia
  • A Place for Rover, Inc.
  • PetSmart LLC
  • Airpets International

 

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“The market has a promising future in the Asia-Pacific region, owing to the facts like rising pet-ownership, increased preference of animal related food products, and need to provide better veterinary services for the production and companion animals. North America region has higher pet population and better health services for them thus dominating the market in the forecast period. Governmental aids and new investments expected to drive the growth of the market during the forecast period" said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.

"Veterinary Services Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Animal Type (Companion Animals (Dogs, Cats, Horses, Others), Production Animals(Cattle, Poultry, Swine, Others)), By Service Type (Medical Services, Non-Medical Services), By Region, & Competition 2020-2030F", has evaluated the future growth potential of Global Veterinary Services Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Veterinary Services Market.

 

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