Press Release

UAE Veterinary Medicine Market to grow with a CAGR of 4.32% through 2030

Increasing Pet Ownership and Increasing Expatriate Population and Disposable Income are expected to drive the demand of UAE Veterinary Medicine Market in the forecast period 2026-2030


According to TechSci Research report, “UAE Veterinary Medicine Market - By Region, Competition, Opportunities and Forecast, 2030F”, UAE Veterinary Medicine Market has valued at USD 56.74 Million in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 4.32% through 2030.

Collaborations and partnerships among leading companies with diverse strategies are essential for merging expertise and strengthening market positions. By pooling resources and knowledge, these alliances enhance their competitive edge and foster growth in the sector.

Urbanization plays a crucial role in driving the demand for veterinary medicine. As urban populations concentrate in metropolitan areas, lifestyle changes, pet ownership patterns, and healthcare needs for both companion animals and livestock evolve. Urban areas typically see higher rates of pet ownership due to preferences for smaller living spaces and the availability of pet-friendly amenities. As a result, there is a marked increase in the need for veterinary services and products to address the health needs of companion animals. Urbanization also brings a demographic shift, with a growing number of young professionals and families, who are more likely to adopt pets, further contributing to the demand for veterinary care. In these settings, pets are often regarded as integral family members, leading to the "humanization" of pets. Consequently, urban pet owners tend to invest more in veterinary care, including preventive healthcare, vaccinations, and specialized treatments.

The concentration of veterinary clinics and hospitals in urban areas, offering specialized services such as emergency care, diagnostics, and surgical procedures, enhances accessibility and fuels the demand for veterinary medicine. Additionally, urbanization encourages the growth of pet-related businesses, such as grooming salons, pet daycares, and pet supply stores. These businesses contribute to the overall ecosystem that supports and strengthens the demand for veterinary services.

Antimicrobial resistance (AMR) presents a significant challenge to the UAE veterinary medicine market, as it does globally. The overuse and misuse of antibiotics in veterinary medicine contribute to the development of AMR. In the UAE, practices like inappropriate prescribing, self-medication, and the use of antibiotics as growth promoters in livestock exacerbate this issue. The emergence of AMR in animals has serious public health implications, especially with zoonotic diseases that can be transmitted from animals to humans. AMR limits treatment options for diseases of public health concern, particularly bacterial infections that may not respond to commonly used antibiotics, necessitating more expensive or less accessible alternatives.

Furthermore, AMR poses risks in settings with frequent human-animal interaction, such as veterinary practices, where resistant bacteria can spread between animals and humans. In the agricultural sector, where livestock plays a vital role, AMR threatens productivity and food safety. The presence of resistant bacteria in livestock complicates disease management and poses challenges to animal health and well-being, affecting overall productivity. Addressing AMR requires concerted efforts to regulate antibiotic use, improve infection control practices, and develop new treatment options to ensure the effectiveness of veterinary medicine.


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UAE Veterinary Medicine Market is segmented based on animal type, product type, end user, by regional distribution and by company.  

Based on the End User, the UAE Veterinary Medicine Market largest share was held by Veterinary Hospitals & Clinics segment in the forecast period and is predicted to continue expanding over the coming years. Veterinary hospitals and clinics typically offer a wide array of services, encompassing routine check-ups, surgical procedures, diagnostics, and emergency care. This comprehensive range positions them as primary destinations for addressing diverse pet health needs. These facilities often boast specialized amenities and cutting-edge equipment for diagnostics and treatments, enabling them to manage intricate medical cases and administer advanced care for pets with specific health concerns. Moreover, veterinary hospitals commonly employ a diverse team of skilled professionals, including veterinarians, veterinary technicians, and support staff, whose expertise enhances the quality of care delivered. With the provision of round-the-clock services, veterinary hospitals are better equipped to manage emergencies, ensuring prompt attention for pets requiring immediate medical intervention due to accidents or sudden illnesses. Over time, these establishments can cultivate trust and credibility within the community. Pet owners may prefer establishments known for their established reputation in delivering dependable and efficacious veterinary care.


Some of the major companies operating in the UAE Veterinary Medicine Market include:

  • United Company for Veterinary medicines Industry LLC (UNIVET)
  • Vetlife Veterinary Medicines Trading LLC
  • Megavet Veterinary Medicine LLC
  • Karaman VET LLC
  • Metro Medicine International LLC
  • Al Laseely Veterinary Medicine Trading
  • MSD Animal Health 
  • Al Reef Al Akhdar Veterinary company
  • The Veterinary Group L.L.C
  • German Standard Veterinary Medicines Trading

 

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“Certain areas, particularly in Dubai, are projected to exert significant demand for Veterinary Medicine. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhance the overall wellbeing of people each year, are expected to contribute to a remarkable growth of the UAE Veterinary Medicine Market in the forecast period," said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.

"UAE Veterinary Medicine Market, By Animal Type (Production {Poultry, Swine, Cattle, Others}, Companion {Dogs, Cats, Horses, Others}), By Product Type (Vaccine, Pharmaceuticals, Medicated Feed Additives), By End User (Veterinary Hospitals & Clinics, Reference Laboratories, Others), By Region, Competition, Opportunities and Forecast, 2020-2030F", has evaluated the future growth potential of UAE Veterinary Medicine 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 UAE Veterinary Medicine Market.


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