Veterinary Care Market Size
| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 93.15 Billion |
| Market Size (2030) | USD 122.27 Billion |
| CAGR (2025 - 2030) | 5.59% |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Veterinary Care Market Analysis
The Veterinary Care Market size is estimated at USD 93.15 billion in 2025, and is expected to reach USD 122.27 billion by 2030, at a CAGR of 5.59% during the forecast period (2025-2030).
The demand for better veterinary care is growing as the number of chronic diseases in pets and livestock animals rises. Many awareness programs about better veterinary care are being held around the world, which is fueling demand. For instance, in April 2023, World Veterinary Day was observed, which aimed to raise awareness about the pivotal role veterinarians play in safeguarding animal health, welfare, and public health. Such initiatives create awareness among pet owners about veterinary care, which is anticipated to drive the market.
The market's overall growth is expected to be supported by increasing government initiatives to promote better veterinary care during the forecast period. For instance, in February 2022, the UK government launched the Animal Health and Welfare Pathway (the Pathway). The Pathway will work to advance and support improving farm animal health and welfare over time. The Pathway is a collaboration, and the government will collaborate with farmers, veterinarians, and the broader industry. Additionally, in March 2022, the government of Madhya Pradesh, India, approved a veterinary unit scheme to provide door-to-door treatment for sick domestic animals. The program aims to make public health care more accessible to people living in rural and underserved areas. Healthcare delivered to people's homes would be beneficial, especially for rural and vulnerable populations.
Market players use a variety of strategic initiatives to meet their growth goals and expand their market share. Key companies are launching new products, forming partnerships and collaborations, expanding their local and regional footprints, and pursuing mergers and acquisitions. For instance, in April 2022, Animalcare launched Plaqtiv+, a range of dental care products for cats and dogs designed to reduce calculus formation. Similarly, in April 2022, Aurena Laboratories AB (Aurena) entered a collaboration with Swedish start-up Emollivet to become its manufacturing partner for innovative animal healthcare products based on Lipitor AKVANO technology in spray form. Such developments are also expected to boost market growth over the projected period.
Thus, all factors mentioned above are expected to boost the market’s growth over the forecast period. However, the increasing cost of animal care products and veterinary services may restrain growth.
Veterinary Care Market Trends
The Companion Animals Segment is Expected to Hold a Significant Market Share During the Forecast Period
The companion animals segment is expected to hold the strongest revenue share over the forecast period. This can be attributed to the increasing initiatives of market players, the growing pet population, and rising pet expenditure.
According to the American Kennel Club, in March 2022, the Veterinary Teaching Hospital recommended Ella's Fund, which provides grants of up to USD 1,100 to dog owners in need of dogs with a good prognosis who require lifesaving or emergency healthcare. Pet owners give their time to an animal-care organization in exchange for donations, repaying the loan at USD 13.50 per hour. Thus, growing funding for dog care is expected to boost the segment's growth.
The rising adoption of dogs and the growing population drive the dog segment. According to the Pet Keen Statistics 2023, by 2022, 70% of US families had at least one pet. This translated to 90.5 million houses in the United States, of which 69 million had at least one dog and 45.3 million had at least one cat. Thus, increasing dog adoption is expected to increase the demand for pet care products and services, boosting market growth.
The segment's growth is also boosted by rising government initiatives for animal health and increasing technological advancements in animal healthcare. For instance, in April 2022, Humane Society International and veterinary associations from 38 European countries launched Vets for Ukrainian Pets. Vets for Ukrainian Pets cover the costs of acute care and medication, rabies and other vaccinations, microchipping, and medical examinations required for safe passage through the EU for dogs, cats, horses, and other pet animals, costing up to EUR 250 per animal.
Thus, all factors mentioned above are expected to boost segmental growth over the forecast period.
North America Holds a Significant Market Share and is Expected to Do the Same Over the Forecast Period
North America is one of the most developed economies in the world. It holds a significant share of the veterinary care market and is expected to follow the same trend over the forecast period.
The increasing trend of pet adoption in the United States is expected to propel market growth. For instance, according to the National Pet Owners Survey 2021-2022, conducted by the American Pet Products Association (APPA), around 70% of United States households owned a pet, equating to 90.5 million homes, including 45.3 million cats and 69 million dogs. The rising adoption of pets may drive the growth of the veterinary care market in the long term.
Strategic activities by the market players are expected to propel the market's growth. For instance, in August 2022, Petfolk raised USD 40 million in Series A funding led by White Star Capital to bridge the communication gap between pet owners and their vets. Similarly, in August 2022, the California Animal Welfare Funders Collaborative (CAWFC) awarded USD 30,000 in grants to 19 organizations to make the largest possible impact on people and their pets nationwide and provide them with proper food, medicines, and diagnostics as required. Such high funding for animal welfare indicates the rising focus on veterinary care, contributing to market growth.
The launch of new products by major players like IDEXX Laboratories, Merck & Co. Inc., and Zoetis Inc. provides the region an edge in the global market. For instance, in June 2022, TheraVet reported the commercial launch of its BIOCERA-VET products, including BIOCERA-VET Bone Surgery Ready-to-Use, BIOCERA-VET Granules, and BIOCERA-VET Osteosarcoma Ready-To-Use in the US.
Hence, owing to these factors, the market for veterinary care in the region is expected to witness rapid growth over the forecast period.
Veterinary Care Industry Overview
The veterinary care market is moderately concentrated and consists of several major players. Major companies have undertaken several business strategies to gain a competitive edge, such as regional expansion, mergers and acquisitions, and collaborative research initiatives. Some of the key players in the market are Elanco Animal Health Incorporated, Boehringer Ingelheim International GmbH, Vetoquinol SA, Zoetis Inc., and IDEXX Laboratories.
Veterinary Care Market Leaders
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Hester Bioscience
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Merck Animal Health
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Ceva Santé Animale
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Zoetis
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Elanco
- *Disclaimer: Major Players sorted in no particular order
Veterinary Care Market News
- May 2024: The Vets, a mobile veterinary service, expanded its operations to the Fort Worth and San Antonio metro areas of Texas, in addition to its existing presence in Austin, Dallas, and Houston. The Vets offers a range of services, including wellness check-ups, vaccinations, and consultations for sick pets. With recent expansions into Fort Worth and San Antonio, The Vets now caters to 20 markets nationwide.
- May 2024: The Veterinary Innovation Council (VIC) unveiled new resources aimed at tackling the widespread issue of limited access to veterinary care. These resources also include comprehensive services designed to assist veterinarians in reaching underserved patients.
Veterinary Care Industry Segmentation
As per the scope of the report, veterinary care is concerned with the prevention, control, diagnosis, and treatment of diseases that affect the health of domestic and wild animals and the prevention of animal diseases spreading to humans.
The veterinary care market is segmented by animal type, type of care, and geography. By animal type, the market is segmented into companion animals and production animals. By type of care, the market is segmented into primary, emergency, critical, specialty, and other services. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (USD) for all the above segments.
| By Animal Type | Companion Animal | ||
| Production Animal | |||
| By Type of Care | Primary | ||
| Emergency | |||
| Critical | |||
| Specialty Services | |||
| Others Services (Diagnostic Services, Counselling For Pet Care and Other Types of Care) | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| Australia | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | GCC | ||
| South Africa | |||
| Rest of Middle East and Africa | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Companion Animal |
| Production Animal |
| Primary |
| Emergency |
| Critical |
| Specialty Services |
| Others Services (Diagnostic Services, Counselling For Pet Care and Other Types of Care) |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe | |
| Asia-Pacific | China |
| Japan | |
| India | |
| Australia | |
| South Korea | |
| Rest of Asia-Pacific | |
| Middle East and Africa | GCC |
| South Africa | |
| Rest of Middle East and Africa | |
| South America | Brazil |
| Argentina | |
| Rest of South America |
Veterinary Care Market Research FAQs
How big is the Veterinary Care Market?
The Veterinary Care Market size is expected to reach USD 93.15 billion in 2025 and grow at a CAGR of 5.59% to reach USD 122.27 billion by 2030.
What is the current Veterinary Care Market size?
In 2025, the Veterinary Care Market size is expected to reach USD 93.15 billion.
Who are the key players in Veterinary Care Market?
Hester Bioscience, Merck Animal Health, Ceva Santé Animale, Zoetis and Elanco are the major companies operating in the Veterinary Care Market.
Which is the fastest growing region in Veterinary Care Market?
North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Veterinary Care Market?
In 2025, the Asia Pacific accounts for the largest market share in Veterinary Care Market.
What years does this Veterinary Care Market cover, and what was the market size in 2024?
In 2024, the Veterinary Care Market size was estimated at USD 87.94 billion. The report covers the Veterinary Care Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Veterinary Care Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Veterinary Care Industry Report
Statistics for the 2025 Veterinary Care market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Veterinary Care analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
