Global Veterinary Services Market: Size, Trends and Forecasts (2018-2022)
Scope of the Report
The report titled “Global Veterinary Services Market: Size, Trends and Forecasts (2018-2022)”, provides an in depth analysis of the global veterinary services market by value, by segments, by services, by region, etc. The report also provides a regional analysis of the veterinary services market, including the following regions: North America, Europe, Asia Pacific, Latin America and MEA.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global veterinary services market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global veterinary services market is generally dominated. Many competitors have established worldwide reputation with the multinational livestock and pet owners while some provide their veterinary services to the domestic livestock and pet owners. Veterinary service providers provide different type of veterinary services, some provide veterinary services to livestock owners, some provide veterinary services to pet owners while other provide veterinary services to both, livestock and pet owners. However, the competition in the global veterinary services market is dominated by few veterinary service providers. Further, key players of the veterinary services market are CVS Group Plc., Mars Inc., Greencross Ltd. and National Veterinary Care Ltd. are also profiled with their financial information and respective business strategies.
Country Coverage
North America
Europe
Asia Pacific
Latin America
MEA
Company Coverage
CVS Group Plc.
Mars Inc.
Greencross Ltd.
National Veterinary Care Ltd.
Executive Summary
Veterinary services are the services provided for the prevention, control, diagnosis and surgical treatment of diseases affecting the health of animals. Veterinary services protect the health needs of various animal species, which includes pet animals (dogs, cats, cows, sheep, goats, horses, etc); zoo animals; pet birds and ornamental fish. Veterinary services also play an important role in preventing the transmission of animal diseases to human beings and ensuring safety of animals during transportation.
The main aim of veterinary services is to eradicate and control of various diseases of animals, prevention of diseases within livestock population, safeguard public health and ensure food safety. The four major categories of veterinary services provided by veterinary are clinical services, preventive services, provision of drugs, vaccines and other products and human health protection.
Veterinary services have a long history with continuous adoption of wearable technology to monitor pet health and a shift from traditional therapy to stem cell therapy and laser therapy. The veterinary services market can be segmented on the basis of animal type, focus, sub-markets and services provided.
The global veterinary services market has increased at a significant CAGR during the years 2013-2017 and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously. The veterinary services market is expected to increase due to accelerating meat consumption, rising disposable income, growing millennial population, increasing cattle population and pet population, escalating spending on veterinary and other pet care services, etc. Yet the market faces some challenges such as shortage of veterinarians, growing cost pressure of veterinary services, use of counterfeit veterinary products in veterinary services, etc.
The report titled “Global Veterinary Services Market: Size, Trends and Forecasts (2018-2022)”, provides an in depth analysis of the global veterinary services market by value, by segments, by services, by region, etc. The report also provides a regional analysis of the veterinary services market, including the following regions: North America, Europe, Asia Pacific, Latin America and MEA.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global veterinary services market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global veterinary services market is generally dominated. Many competitors have established worldwide reputation with the multinational livestock and pet owners while some provide their veterinary services to the domestic livestock and pet owners. Veterinary service providers provide different type of veterinary services, some provide veterinary services to livestock owners, some provide veterinary services to pet owners while other provide veterinary services to both, livestock and pet owners. However, the competition in the global veterinary services market is dominated by few veterinary service providers. Further, key players of the veterinary services market are CVS Group Plc., Mars Inc., Greencross Ltd. and National Veterinary Care Ltd. are also profiled with their financial information and respective business strategies.
Country Coverage
North America
Europe
Asia Pacific
Latin America
MEA
Company Coverage
CVS Group Plc.
Mars Inc.
Greencross Ltd.
National Veterinary Care Ltd.
Executive Summary
Veterinary services are the services provided for the prevention, control, diagnosis and surgical treatment of diseases affecting the health of animals. Veterinary services protect the health needs of various animal species, which includes pet animals (dogs, cats, cows, sheep, goats, horses, etc); zoo animals; pet birds and ornamental fish. Veterinary services also play an important role in preventing the transmission of animal diseases to human beings and ensuring safety of animals during transportation.
The main aim of veterinary services is to eradicate and control of various diseases of animals, prevention of diseases within livestock population, safeguard public health and ensure food safety. The four major categories of veterinary services provided by veterinary are clinical services, preventive services, provision of drugs, vaccines and other products and human health protection.
Veterinary services have a long history with continuous adoption of wearable technology to monitor pet health and a shift from traditional therapy to stem cell therapy and laser therapy. The veterinary services market can be segmented on the basis of animal type, focus, sub-markets and services provided.
The global veterinary services market has increased at a significant CAGR during the years 2013-2017 and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously. The veterinary services market is expected to increase due to accelerating meat consumption, rising disposable income, growing millennial population, increasing cattle population and pet population, escalating spending on veterinary and other pet care services, etc. Yet the market faces some challenges such as shortage of veterinarians, growing cost pressure of veterinary services, use of counterfeit veterinary products in veterinary services, etc.
1. EXECUTIVE SUMMARY
2. INTRODUCTION
2.1 Veterinary Services: An Overview
2.1.1 Aim of the Veterinary Services
2.1.2 Functions of Veterinary Services
2.1.3 Categories of Veterinary Services
2.2 Veterinary Services Segmentation: An Overview
2.2.1 Veterinary Services Segmentation by Animal Type
2.2.2 Veterinary Services Segmentation by Focus
2.2.3 Veterinary Services Segmentation by Sub-markets
2.2.4 Veterinary Services Segmentation by Services Provided
3. GLOBAL MARKET ANALYSIS
3.1 Global Veterinary Services Market: An Analysis
3.1.1 Global Veterinary Services Market by Value
3.1.2 Global Veterinary Services Market by Services (Routine Examinations, Non-surgical Procedures and Surgical Procedures)
3.1.3 Global Veterinary Services Market by Segments (Animal Hospitals and Veterinary Clinics, veterinary Laboratory Testing Services and Others)
3.1.4 Global Veterinary Services Market by Region (North America, Europe, Asia Pacific, Latin America and MEA)
4. REGIONAL MARKET ANALYSIS
4.1 North America Veterinary Services Market: An Analysis
4.1.1 North America Veterinary Services Market by Value
4.1.2 North America Veterinary Services Market by Segments (Production Animal and Companion Animal)
4.1.3 North America Veterinary Services Market by Region (The US and Other)
4.2 North America Veterinary Services Market: Segment Analysis
4.2.1 North America Production Animal Veterinary Services Market by Value
4.2.2 North America Companion Animal Veterinary Services Market by Value
4.3 North America Veterinary Services Market: Regional Analysis
4.3.1 The US Veterinary Services Market by Value
4.3.2 The US Veterinary Services Market by Segments (Production Animal and Companion Animal)
4.4 Europe Veterinary Services Market: An Analysis
4.4.1 Europe Veterinary Services Market by Value
4.4.2 Europe Veterinary Services Market by Region (UK, Germany and Other)
4.5 Europe Veterinary Services Market: Regional Analysis
4.5.1 UK Veterinary Services Market by Value
4.5.2 UK Veterinary Services Market by Segments (Companion Animal and Production Animal)
4.5.3 Germany Veterinary Services Market by Value
4.5.4 Germany Veterinary Services Market by Segments (Companion Animal and Production Animal)
4.6 Asia Pacific Veterinary Services Market: An Analysis
4.6.1 Asia Pacific Veterinary Services Market by Value
4.6.2 Asia Pacific Veterinary Services Market by Region (China, India and Other)
4.7 Asia Pacific Veterinary Services Market: Regional Analysis
4.7.1 China Veterinary Services Market by Value
4.7.2 China Veterinary Services Market by Segments (Production Animal and Companion Animal)
4.7.3 India Veterinary Services Market by Value
4.7.4 India Veterinary Services Market by Segments (Production Animal and Companion Animal)
4.8 Latin America Veterinary Services Market: An Analysis
4.8.1 Latin America Veterinary Services Market by Value
4.9 MEA Veterinary Services Market: An Analysis
4.9.1 MEA Veterinary Services Market by Value
5. MARKET DYNAMICS
5.1 Growth Driver
5.1.1 Rising Disposable Income
5.1.2 Accelerating Meat Consumption
5.1.3 Escalating Spending on Veterinary and Other Pet Care Services
5.1.4 Growing Millennial Population
5.1.5 Soaring Cattle Population
5.1.6 Increasing Pet Population
5.2 Challenges
5.2.1 Shortage of Veterinarians
5.2.2 Growing Cost Pressure of Veterinary Services
5.2.3 Use of Counterfeit Veterinary Products in Veterinary Services
5.3 Market Trends
5.3.1 Increasing Use of Wearable Technology to Monitor Pet Health
5.3.2 Rising Pet Insurance
5.3.3 Growing Shift to Provide Human-style Healthcare to Pets
5.3.4 Shift from Traditional Therapy to Stem Cell and Laser Therapy
5.3.5 Adoption of Big Data in Veterinary Services
6. COMPETITIVE LANDSCAPE
6.1 Global Veterinary Services Market Players: A Financial Comparison
6.2 UK Small Animal Veterinary Services Market Players by Share
6.3 UK Veterinary Services Market Players by Number of Vet Practices
7. COMPANY PROFILES
7.1 CVS Group Plc.
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Mars Inc. (Banfield Pet Hospital)
7.2.1 Business Overview
7.2.2 Business Strategy
7.3 Greencross Ltd.
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 National Veterinary Care Ltd.
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy
2. INTRODUCTION
2.1 Veterinary Services: An Overview
2.1.1 Aim of the Veterinary Services
2.1.2 Functions of Veterinary Services
2.1.3 Categories of Veterinary Services
2.2 Veterinary Services Segmentation: An Overview
2.2.1 Veterinary Services Segmentation by Animal Type
2.2.2 Veterinary Services Segmentation by Focus
2.2.3 Veterinary Services Segmentation by Sub-markets
2.2.4 Veterinary Services Segmentation by Services Provided
3. GLOBAL MARKET ANALYSIS
3.1 Global Veterinary Services Market: An Analysis
3.1.1 Global Veterinary Services Market by Value
3.1.2 Global Veterinary Services Market by Services (Routine Examinations, Non-surgical Procedures and Surgical Procedures)
3.1.3 Global Veterinary Services Market by Segments (Animal Hospitals and Veterinary Clinics, veterinary Laboratory Testing Services and Others)
3.1.4 Global Veterinary Services Market by Region (North America, Europe, Asia Pacific, Latin America and MEA)
4. REGIONAL MARKET ANALYSIS
4.1 North America Veterinary Services Market: An Analysis
4.1.1 North America Veterinary Services Market by Value
4.1.2 North America Veterinary Services Market by Segments (Production Animal and Companion Animal)
4.1.3 North America Veterinary Services Market by Region (The US and Other)
4.2 North America Veterinary Services Market: Segment Analysis
4.2.1 North America Production Animal Veterinary Services Market by Value
4.2.2 North America Companion Animal Veterinary Services Market by Value
4.3 North America Veterinary Services Market: Regional Analysis
4.3.1 The US Veterinary Services Market by Value
4.3.2 The US Veterinary Services Market by Segments (Production Animal and Companion Animal)
4.4 Europe Veterinary Services Market: An Analysis
4.4.1 Europe Veterinary Services Market by Value
4.4.2 Europe Veterinary Services Market by Region (UK, Germany and Other)
4.5 Europe Veterinary Services Market: Regional Analysis
4.5.1 UK Veterinary Services Market by Value
4.5.2 UK Veterinary Services Market by Segments (Companion Animal and Production Animal)
4.5.3 Germany Veterinary Services Market by Value
4.5.4 Germany Veterinary Services Market by Segments (Companion Animal and Production Animal)
4.6 Asia Pacific Veterinary Services Market: An Analysis
4.6.1 Asia Pacific Veterinary Services Market by Value
4.6.2 Asia Pacific Veterinary Services Market by Region (China, India and Other)
4.7 Asia Pacific Veterinary Services Market: Regional Analysis
4.7.1 China Veterinary Services Market by Value
4.7.2 China Veterinary Services Market by Segments (Production Animal and Companion Animal)
4.7.3 India Veterinary Services Market by Value
4.7.4 India Veterinary Services Market by Segments (Production Animal and Companion Animal)
4.8 Latin America Veterinary Services Market: An Analysis
4.8.1 Latin America Veterinary Services Market by Value
4.9 MEA Veterinary Services Market: An Analysis
4.9.1 MEA Veterinary Services Market by Value
5. MARKET DYNAMICS
5.1 Growth Driver
5.1.1 Rising Disposable Income
5.1.2 Accelerating Meat Consumption
5.1.3 Escalating Spending on Veterinary and Other Pet Care Services
5.1.4 Growing Millennial Population
5.1.5 Soaring Cattle Population
5.1.6 Increasing Pet Population
5.2 Challenges
5.2.1 Shortage of Veterinarians
5.2.2 Growing Cost Pressure of Veterinary Services
5.2.3 Use of Counterfeit Veterinary Products in Veterinary Services
5.3 Market Trends
5.3.1 Increasing Use of Wearable Technology to Monitor Pet Health
5.3.2 Rising Pet Insurance
5.3.3 Growing Shift to Provide Human-style Healthcare to Pets
5.3.4 Shift from Traditional Therapy to Stem Cell and Laser Therapy
5.3.5 Adoption of Big Data in Veterinary Services
6. COMPETITIVE LANDSCAPE
6.1 Global Veterinary Services Market Players: A Financial Comparison
6.2 UK Small Animal Veterinary Services Market Players by Share
6.3 UK Veterinary Services Market Players by Number of Vet Practices
7. COMPANY PROFILES
7.1 CVS Group Plc.
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Mars Inc. (Banfield Pet Hospital)
7.2.1 Business Overview
7.2.2 Business Strategy
7.3 Greencross Ltd.
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 National Veterinary Care Ltd.
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy
LIST OF FIGURES
Figure 1: Aim of the Veterinary Services
Figure 2: Functions of Veterinary Services
Figure 3: Categories of Veterinary Services
Figure 4: Veterinary Services Segmentation by Animal Type
Figure 5: Veterinary Services Segmentation by Focus
Figure 6: Veterinary Services Segmentation by Sub-markets
Figure 7: Veterinary Services Segmentation by Services Provided
Figure 8: Global Veterinary Services Market by Value; 2013-2017 (US$ Billion)
Figure 9: Global Veterinary Services Market by Value; 2018-2022 (US$ Billion)
Figure 10: Global Veterinary Services Market by Services; 2017 (Percentage; %)
Figure 11: Global veterinary Services Market by Segments; 2017 (Percentage; %)
Figure 12: Global Veterinary Services Market by Region; 2017 (Percentage, %)
Figure 13: North America Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 14: North America Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 15: North America Veterinary Services Market by Region; 2017 (Percentage, %)
Figure 16: North America Production Animal Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 17: North America Companion Animal Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 18: The US Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 19: The US Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 20: Europe Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 21: Europe Veterinary Services Market by Region; 2017 (Percentage, %)
Figure 22: UK Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 23: UK Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 24: Germany Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 25: Germany Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 26: Asia Pacific Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 27: Asia Pacific Veterinary Services Market by Region; 2017 (Percentage, %)
Figure 28: China Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 29: China Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 30: India Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 31: India Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 32: Latin America Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 33: MEA Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 34: Global Disposable Income Growth rate; 2012-2016 (Percentage, %)
Figure 35: Global Per Capita Meat Consumption by Types; 2015-2030 (Kilograms)
Figure 36: Spending on Veterinary and Other Pet Care Services by Region; 2013-2018 (US$ Billion)
Figure 37: Global Youth Population; 2000-2025 (Million)
Figure 38: Global Cattle Population; 2015-2018 (Million)
Figure 39: Global Pet Population; 2012-2017 (Million)
Figure 40: Global Pet Wearable Market; 2016-2022 (US$ Billion)
Figure 41: Global Pet Insurance Market; 2017-2022 (US$ Billion)
Figure 42: UK Small Animal Veterinary Services Market Players by Share; 2017 (Percentage, %)
Figure 43: UK Veterinary Services Market Players by Number of Vet Practices; 2017
Figure 44: CVS Group Plc. Revenue; 2013-2017 (US$ Million)
Figure 45: CVS Group Plc. by Segments; 2017 (Percentage, %)
Figure 46: Greencross Ltd. Revenue; 2013-2017 (US$ Million)
Figure 47: Greencross Ltd. Revenue by Segments; 2017 (Percentage, %)
Figure 48: Greencross Ltd. Revenue by Region; 2017 (Percentage, %)
Figure 49: National Veterinary Care Ltd. Revenue; 2015-2018 (US$ Million)
Figure 1: Aim of the Veterinary Services
Figure 2: Functions of Veterinary Services
Figure 3: Categories of Veterinary Services
Figure 4: Veterinary Services Segmentation by Animal Type
Figure 5: Veterinary Services Segmentation by Focus
Figure 6: Veterinary Services Segmentation by Sub-markets
Figure 7: Veterinary Services Segmentation by Services Provided
Figure 8: Global Veterinary Services Market by Value; 2013-2017 (US$ Billion)
Figure 9: Global Veterinary Services Market by Value; 2018-2022 (US$ Billion)
Figure 10: Global Veterinary Services Market by Services; 2017 (Percentage; %)
Figure 11: Global veterinary Services Market by Segments; 2017 (Percentage; %)
Figure 12: Global Veterinary Services Market by Region; 2017 (Percentage, %)
Figure 13: North America Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 14: North America Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 15: North America Veterinary Services Market by Region; 2017 (Percentage, %)
Figure 16: North America Production Animal Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 17: North America Companion Animal Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 18: The US Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 19: The US Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 20: Europe Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 21: Europe Veterinary Services Market by Region; 2017 (Percentage, %)
Figure 22: UK Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 23: UK Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 24: Germany Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 25: Germany Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 26: Asia Pacific Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 27: Asia Pacific Veterinary Services Market by Region; 2017 (Percentage, %)
Figure 28: China Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 29: China Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 30: India Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 31: India Veterinary Services Market by Segments; 2017 (Percentage, %)
Figure 32: Latin America Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 33: MEA Veterinary Services Market by Value; 2017-2022 (US$ Billion)
Figure 34: Global Disposable Income Growth rate; 2012-2016 (Percentage, %)
Figure 35: Global Per Capita Meat Consumption by Types; 2015-2030 (Kilograms)
Figure 36: Spending on Veterinary and Other Pet Care Services by Region; 2013-2018 (US$ Billion)
Figure 37: Global Youth Population; 2000-2025 (Million)
Figure 38: Global Cattle Population; 2015-2018 (Million)
Figure 39: Global Pet Population; 2012-2017 (Million)
Figure 40: Global Pet Wearable Market; 2016-2022 (US$ Billion)
Figure 41: Global Pet Insurance Market; 2017-2022 (US$ Billion)
Figure 42: UK Small Animal Veterinary Services Market Players by Share; 2017 (Percentage, %)
Figure 43: UK Veterinary Services Market Players by Number of Vet Practices; 2017
Figure 44: CVS Group Plc. Revenue; 2013-2017 (US$ Million)
Figure 45: CVS Group Plc. by Segments; 2017 (Percentage, %)
Figure 46: Greencross Ltd. Revenue; 2013-2017 (US$ Million)
Figure 47: Greencross Ltd. Revenue by Segments; 2017 (Percentage, %)
Figure 48: Greencross Ltd. Revenue by Region; 2017 (Percentage, %)
Figure 49: National Veterinary Care Ltd. Revenue; 2015-2018 (US$ Million)
LIST OF TABLES
Table 1: Global Veterinary Services Market Players: A Financial Comparison; 2017/2018
Table 1: Global Veterinary Services Market Players: A Financial Comparison; 2017/2018
