Product Code: GVR-4-68039-910-4
Veterinary Hospital Market Growth & Trends:
The global veterinary hospital Market size is expected to reach USD 92.51 billion by 2030, registering a CAGR of 7.07% from 2025 to 2030, according to a new report by Grand View Research, Inc. The growing pet population is boosting the demand for veterinary clinics and hospitals around the world. Additionally, the COVID-19 pandemic lockdown restrictions led to a rise in the demand for companion animals. For instance, the number of pets in the UK has significantly increased. According to a recent survey conducted by the Pet Food Manufacturers Association, there are currently over 24 million cats and dogs living in the United Kingdom. The market is being driven by the increase in pet ownership, not just in the short term when kittens and puppies need shots, initial checkups, or neutering, but also considerably in the long term as they age into animals needing more veterinarian treatment and care.
The rapidly aging pet population and the availability of advanced pet care options are among the key factors likely to drive expenditure on pets by owners, which is the primary source of revenue growth for veterinary hospitals. Establishment requirements for veterinary hospitals are expected to improve mainly due to the high demand for animal care services for pets & animals food. With the increasing number of pets and pet owners, the focus on animal safety has grown in recent years. Rising concerns and increasing awareness about chronic diseases in companion animals have resulted in high expenditure on pet health. Large spending on animal care is expected to further boost veterinary visits and medication sales in hospitals. Owners are concerned about their pets and consult veterinarians for treatment of several health issues at an early stage. This is further boosting the demand for efficient treatment options, driving the market.
Veterinary Hospitals Market Report Highlights:
- By animal type, the companion animals segment dominated the market with a 63.58% share in 2024 and is also expected to grow at the highest rate over the forecast period. This is due to the increasing pet population, growing awareness, and rising demand for efficient animal care.
- Based on type, the medicine segment held the highest market share of 44.98% in 2024, owing to its significant distribution in animal pharmacies.
- Based on the sector, the private segment held the highest share of the market at 65.89% in 2024 and is also expected to grow with the highest CAGR over the forecast period.
- North America veterinary hospitals market held the second-largest revenue share of 36.97% in 2024 and is anticipated to maintain this position over the forecast period. North America has a large and well-established veterinary industry, with numerous hospitals and clinics throughout the region.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.1.1. Regional Scope
- 1.1.2. Estimates And Forecast Timeline
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.6.1. Service/ Commodity flow analysis
- 1.6.2. Facilities' Revenue Analysis
- 1.6.3. Global Market: CAGR Calculation
- 1.7. Research Scope and Assumptions
- 1.7.1. List of Secondary Sources
- 1.7.2. List of Primary Sources
- 1.7.3. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Veterinary Hospital Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Drivers Analysis
- 3.2.1.1. Consolidation of Animal Hospitals
- 3.2.1.2. Growing Animal Population & Adoption
- 3.2.1.3. Rising Awareness of Animal Health
- 3.2.1.4. Increasing Adoption of Pet Insurance
- 3.2.2. Market Restraints Analysis
- 3.2.2.1. Shortage Of Board-Certified Veterinarians
- 3.2.2.2. Increasing Incidence of Pet Abandonment and Euthanasia
- 3.2.3. Market Opportunity Analysis
- 3.2.4. Market Challenges Analysis
- 3.3. Veterinary Hospital Market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and Social Landscape
- 3.3.2.3. Technological landscape
- 3.3.2.4. Environmental Landscape
- 3.3.2.5. Legal landscape
- 3.4. Estimated Animal Population, by key countries and species, 2018-2023
- 3.5. Trend Analysis by Key Countries
- 3.5.1. Total Pet Clinical Visits
- 3.5.2. Expenditure Analysis
- 3.5.3. Veterinary Service Analysis
- 3.6. Veterinary Workforce Analysis by Key Countries
- 3.7. Pet Ownership Demographics, by Key Countries
- 3.8. Covid-19 Analysis
Chapter 4. Veterinary Hospital Market: Animal Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Veterinary Hospital Market: Animal Movement Analysis, USD Million, 2024 & 2030
- 4.3. Companion Animals
- 4.3.1. Companion Animals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Farm Animals
- 4.4.1. Farm Animals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Veterinary Hospital Market: Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Veterinary Hospital Market: Type Movement Analysis, USD Million, 2024 & 2030
- 5.3. Surgery
- 5.3.1. Surgery Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Medicine
- 5.4.1. Medicine Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Consultation
- 5.5.1. Consultation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Veterinary Hospital Market: Sector Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Veterinary Hospital Market: Sector Movement Analysis, USD Million, 2024 & 2030
- 6.3. Public
- 6.3.1. Public Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Private
- 6.4.1. Private Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Veterinary Hospital Market: Regional Estimates & Trend Analysis
- 7.1. Veterinary Hospital Market Share, By Region, 2024 & 2030, USD Million
- 7.2. North America
- 7.2.1. North America Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. Key Country Dynamics
- 7.2.2.2. Competitive Insights
- 7.2.2.3. U.S. Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Key Country Dynamics
- 7.2.3.2. Competitive Insights
- 7.2.3.3. Canada Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Key Country Dynamics
- 7.2.4.2. Competitive Insights
- 7.2.4.3. Mexico Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. Key Country Dynamics
- 7.3.2.2. Competitive Insights
- 7.3.2.3. UK Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Key Country Dynamics
- 7.3.3.2. Competitive Insights
- 7.3.3.3. Germany Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. Key Country Dynamics
- 7.3.4.2. Competitive Insights
- 7.3.4.3. France Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.5. Italy
- 7.3.5.1. Key Country Dynamics
- 7.3.5.2. Competitive Insights
- 7.3.5.3. Italy Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.6. Spain
- 7.3.6.1. Key Country Dynamics
- 7.3.6.2. Competitive Insights
- 7.3.6.3. Spain Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.7. Sweden
- 7.3.7.1. Key Country Dynamics
- 7.3.7.2. Competitive Insights
- 7.3.7.3. Sweden Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.8. Denmark
- 7.3.8.1. Key Country Dynamics
- 7.3.8.2. Competitive Insights
- 7.3.8.3. Denmark Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.9. Norway
- 7.3.9.1. Key Country Dynamics
- 7.3.9.2. Competitive Insights
- 7.3.9.3. Norway Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. Key Country Dynamics
- 7.4.2.2. Competitive Insights
- 7.4.2.3. China Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Key Country Dynamics
- 7.4.3.2. Competitive Insights
- 7.4.3.3. Japan Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. Key Country Dynamics
- 7.4.4.2. Competitive Insights
- 7.4.4.3. India Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. Key Country Dynamics
- 7.4.5.2. Competitive Insights
- 7.4.5.3. South Korea Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Key Country Dynamics
- 7.4.6.2. Competitive Insights
- 7.4.6.3. Australia Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.7. Thailand
- 7.4.7.1. Key Country Dynamics
- 7.4.7.2. Competitive Insights
- 7.4.7.3. Australia Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Key Country Dynamics
- 7.5.2.2. Competitive Insights
- 7.5.2.3. Brazil Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Argentina
- 7.5.3.1. Key Country Dynamics
- 7.5.3.2. Competitive Insights
- 7.5.3.3. Argentina Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Saudi Arabia
- 7.6.2.1. Key Country Dynamics
- 7.6.2.2. Competitive Insights
- 7.6.2.3. Saudi Arabia Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. South Africa
- 7.6.3.1. Key Country Dynamics
- 7.6.3.2. Competitive Insights
- 7.6.3.3. South Africa Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. UAE
- 7.6.4.1. Key Country Dynamics
- 7.6.4.2. Competitive Insights
- 7.6.4.3. UAE Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.5. Kuwait
- 7.6.5.1. Key Country Dynamics
- 7.6.5.2. Competitive Insights
- 7.6.5.3. Kuwait Veterinary Hospital Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Market Participant Categorization
- 8.2. Company Market Position Analysis/ Heap Map Analysis
- 8.3. Estimated Company Market Share Analysis, 2024
- 8.4. Strategy Mapping
- 8.4.1. Mergers & Acquisitions
- 8.4.2. Partnerships & Collaborations
- 8.4.3. Others
- 8.5. Company Profiles
- 8.5.1. The Animal Medical Center
- 8.5.1.1. Participant's Overview
- 8.5.1.2. Financial Performance
- 8.5.1.3. Product Benchmarking
- 8.5.1.4. Strategic Initiatives
- 8.5.2. VCA Animal Hospitals
- 8.5.2.1. Participant's Overview
- 8.5.2.2. Financial Performance
- 8.5.2.3. Product Benchmarking
- 8.5.2.4. Strategic Initiatives
- 8.5.3. VetStrategy
- 8.5.3.1. Participant's Overview
- 8.5.3.2. Financial Performance
- 8.5.3.3. Product Benchmarking
- 8.5.3.4. Strategic Initiatives
- 8.5.4. Royal Veterinary College (RVC)
- 8.5.4.1. Participant's Overview
- 8.5.4.2. Financial Performance
- 8.5.4.3. Product Benchmarking
- 8.5.4.4. Strategic Initiatives
- 8.5.5. Ecole Nationale Veterinaire d'Alfort (ENVA)
- 8.5.5.1. Participant's Overview
- 8.5.5.2. Financial Performance
- 8.5.5.3. Product Benchmarking
- 8.5.5.4. Strategic Initiatives
- 8.5.6. Tierarztliche Hochschule Hannover (TiHo)
- 8.5.6.1. Participant's Overview
- 8.5.6.2. Financial Performance
- 8.5.6.3. Product Benchmarking
- 8.5.6.4. Strategic Initiatives
- 8.5.7. Beijing Xintiandi International Animal Hospital
- 8.5.7.1. Participant's Overview
- 8.5.7.2. Financial Performance
- 8.5.7.3. Product Benchmarking
- 8.5.7.4. Strategic Initiatives
- 8.5.8. MaxPetZ
- 8.5.8.1. Participant's Overview
- 8.5.8.2. Financial Performance
- 8.5.8.3. Product Benchmarking
- 8.5.8.4. Strategic Initiatives
- 8.5.9. Daktari Animal Hospital
- 8.5.9.1. Participant's Overview
- 8.5.9.2. Financial Performance
- 8.5.9.3. Product Benchmarking
- 8.5.9.4. Strategic Initiatives
- 8.5.10. SASH Vets
- 8.5.10.1. Participant's Overview
- 8.5.10.2. Financial Performance
- 8.5.10.3. Product Benchmarking
- 8.5.10.4. Strategic Initiatives
- 8.5.11. HVM Brasil
- 8.5.11.1. Participant's Overview
- 8.5.11.2. Financial Performance
- 8.5.11.3. Product Benchmarking
- 8.5.11.4. Strategic Initiatives
- 8.5.12. OVAH South Africa
- 8.5.12.1. Participant's Overview
- 8.5.12.2. Financial Performance
- 8.5.12.3. Product Benchmarking
- 8.5.12.4. Strategic Initiatives
- 8.5.13. CVS Group
- 8.5.13.1. Participant's Overview
- 8.5.13.2. Financial Performance
- 8.5.13.3. Product Benchmarking
- 8.5.13.4. Strategic Initiatives
- 8.5.14. Greencross Vets
- 8.5.14.1. Participant's Overview
- 8.5.14.2. Financial Performance
- 8.5.14.3. Product Benchmarking
- 8.5.14.4. Strategic Initiatives
- 8.5.15. National Veterinary Associates, Inc. (NVA)
- 8.5.15.1. Participant's Overview
- 8.5.15.2. Financial Performance
- 8.5.15.3. Product Benchmarking
- 8.5.15.4. Strategic Initiatives
- 8.5.16. Pets at Home Group PLC
- 8.5.16.1. Participant's Overview
- 8.5.16.2. Financial Performance
- 8.5.16.3. Product Benchmarking
- 8.5.16.4. Strategic Initiatives
- 8.5.17. Animal Hospital, Inc.
- 8.5.17.1. Participant's Overview
- 8.5.17.2. Financial Performance
- 8.5.17.3. Product Benchmarking
- 8.5.17.4. Strategic Initiatives
- 8.5.18. All Pets Veterinary Hospital
- 8.5.18.1. Participant's Overview
- 8.5.18.2. Financial Performance
- 8.5.18.3. Product Benchmarking
- 8.5.18.4. Strategic Initiatives