Veterinary Healthcare Market Report, Share, Trends Analysis, Growth, and Forecast 2025-2033
- Rahul Pal
- Feb 19
- 4 min read
According to the latest report by IMARC Group, titled “Veterinary Healthcare Market Report by Product (Therapeutics, Diagnostics), Animal Type (Dogs and Cats, Horses, Ruminants, Swine, Poultry, and Others), End User (Veterinary Hospitals, Veterinary Clinics, Veterinary Laboratory Testing Services, and Others), and Region 2025-2033”, offers a comprehensive analysis of the industry, which comprises insights on the global veterinary healthcare market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global veterinary healthcare market size reached USD 46.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 83.2 Billion by 2033, exhibiting a growth rate (CAGR) of 6.7% during 2025-2033.
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Global Veterinary Healthcare Market Dynamics:
Increasing Pet Ownership and Humanization of Pets:
Pet ownership and humanization contribute to the growth of the veterinary healthcare industry across the globe. Since people are looking after their pets like family members, they are more inclined to spend money on their overall health, which augments the demand for proactively-oriented pet care such as veterinary diagnostics and more focused veterinary medicine. Also, growing understanding of pets’ needs and the increase in the level of veterinary services provided to them is another reason for growth in the market.
Technological Advancements in Veterinary Medicine:
With the progress in technology, the veterinary healthcare industry is changing the most. The use of new diagnostic technologies like digital imaging and telemedicine equipment for veterinarians' consultations is enabling the doctor’s diagnosis to be more accurate and timely. In addition, new treatment procedures such as tissue engineering, minimally invasive surgical procedures, and other new therapies are increasing the efficiency of treatment and fostering better care for animals. Remote veterinary services and remote patient monitoring systems are also helping to widen the scope of veterinary service coverage and help those living in hard-to-reach places.
Growing Livestock Population and Food Safety Concerns:
The growing livestock population, along with the heightened emphasis on food safety is another factor fueling growth in the veterinary healthcare market. Thus, there is a growing global appetite for livestock protein which in turn is increasing livestock farming, increasing the need for veterinary services. In addition, the growth in concern for zoonotic and food borne diseases necessitates efficient veterinary safeguards for both animals and humans, thus increasing the need for veterinary services. The adoption of stricter policies on animal health and food safety is another factor bolstering growth.
By the IMARC Group, Some of the Top Competitive Landscape Operating in the Veterinary Healthcare Market Report are Given Below:
Animalcare Group plc
Boehringer Ingelheim International GmbH (C. H. Boehringer Sohn AG & Co. KG)
Ceva Animal Health LLC
Dechra Pharmaceuticals PLC
Elanco Animal Health Incorporated
Heska Corporation
IDEXX Laboratories Inc.
INDICAL Bioscience GmbH (Vimian Group)
Merck & Co. Inc.
Norbrook Laboratories Ltd
Vetoquinol India Animal Health Pvt Ltd (Vétoquinol S.A.)
Virbac
Zoetis Inc.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/veterinary-healthcare-market
Global Veterinary Healthcare Market Trends:
The global veterinary market has high growth prospects over the coming years, due to some of the important factors which include changing industry dynamics and the growth of an even more competitive landscape. One of the most important ones is the growing emphasis on wellness and preventative care. There is growing awareness among pet owners about taking proactive healthcare steps, such as vaccination, parasite, and nutrition management, to ensure that their pets remain healthy. This has led to increased demand for sophisticated wellness and preventative healthcare plans.
The expanding acceptance of new forms of veterinary services remains one of its most distinct movements. Newer branches are emerging, such as veterinary oncology and veterinary cardiology or veterinary dermatology, because the field of veterinary medicine is getting more and more sophisticated. There is an increasing pet owner demand for specialized care, which heightens the need for more sophisticated diagnostics and treatment. In addition, there is a clear market movement towards the use of digital technologies and data analytics for better delivery of veterinary services and improved patient outcomes.
Key Market Segmentation:
Breakup by Product:
Therapeutics
Vaccines
Parasiticides
Anti-Infectives
Medical Feed Additives
Others
Diagnostics
Immunodiagnostic Tests
Molecular Diagnostics
Diagnostic Imaging
Clinical Chemistry
Others
Breakup by Animal Type:
Dogs and Cats
Horses
Ruminants
Swine
Poultry
Others
Breakup by End User:
Veterinary Hospitals
Veterinary Clinics
Veterinary Laboratory Testing Services
Others
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
Market Performance
Market Outlook
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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