Bharat Book Bureau Provides the Trending Market Research Report on “Animal Hospitals And Veterinary Clinics Global Market Opportunities And Strategies To 2030” under Life Sciences Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.

Global Animal Hospitals And Veterinary Clinics Market Opportunities And Strategies To 2030: COVID-19 Impact And Recovery provides the strategists, marketers and senior management with the critical information they need to assess the global animal hospitals and veterinary clinics market.



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Description:

Where is the largest and fastest growing market for the animal hospitals and veterinary clinics market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The global animal hospitals and veterinary clinics market opportunities and strategies to 2030 report from answers all these questions and many more.



The report covers the following chapters

Executive Summary - The executive summary section of the report gives a brief overview and summary of the report



Report Structure - This section gives the structure of the report and the information covered in the various sections.

Introduction - The introduction section of the report gives brief introduction about segmentation by geography and segmentation by type, and by type of animal.



Market Characteristics - The market characteristics section of the report defines and explains the animal hospitals and veterinary clinics market. This chapter includes different services covered in the report and basic definitions.



Trends And Strategies - This chapter describes the major trends shaping the global animal hospitals and veterinary clinics market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.



Livestock And Pet Population - This section contains information on the livestock and pet population in major countries.

Impact Of COVID-19 - This section describes the impact of COVID-19 on the animal hospitals and veterinary clinics market.



Global Market Size And Growth - This section contains the global historic (2015-2019) and forecast (2023F, 2025F, 2030F) market values, and drivers and restraints that support and restrain the growth of the market in the historic and forecast periods.

Regional Analysis - This section contains the historic (2015-2019), forecast (2019-2023F, 2025F, 2030F) market value and growth and market share comparison by region.



Market Segmentation - This section contains the market values (2015-2019, 2019-2023F, 2025F, 2030F) and analysis for segment by type in the market.

Regional Market Size And Growth - This section contains the region’s market size (2019), historic and forecast (2015-2019, and 2023F, 2025F, 2030F) market values, and growth and market share comparison of major countries within the region.



This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa).

Competitive Landscape - This section covers details on the competitive landscape of the global animal hospitals and veterinary clinics market, estimated market shares and company profiles of the leading players.





Key Mergers And Acquisitions - This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.



Market Opportunities And Strategies - This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.

Conclusions And Recommendations - This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for animal hospitals and veterinary clinics companies in terms of service offerings, geographic expansion, marketing strategies and target groups.



Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.



Markets Covered: The global animal hospitals and veterinary clinics market is segmented into -

By Type Of Service: Consultation; Surgery; Medicine; Others

By Type Of Animal: Farm Animals; Companion Animals



Companies Mentioned: Mars Inc.; CVS Group Plc; Greencross Vets Limited; Medivet Group Limited; Animal and Plant Health Agency



Countries: China, India, Japan, Australia, Indonesia, South Korea, USA, Brazil, France, Germany, UK, Russia



Regions: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa



Time series: Five years historic and forecast.



Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita



Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.



Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.



This report describes and evaluates the global animal hospitals and veterinary clinics market. It covers 2015 to 2019, termed the historic period, and 2019 to 2023 termed the forecast period, along with further forecasts for the periods 2023-2025 and 2025-2030.



The global animal hospitals and veterinary clinics market reached a value of nearly $91.3 billion in 2019, having increased at a compound annual growth rate (CAGR) of 4.1% since 2015. The market is expected to decline from $91.3 billion in 2019 to $70.7 billion in 2020 at a rate of -22.6%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5.1% from 2021 ad reach $111.2 billion in 2023.



Growth in the historic period resulted from emerging markets growth, increased pet ownership by gen x and gen y adults, increased pet spending, increased disease prevalence, and stringent livestock regulations. Factors that negatively affected growth in the historic period were shortages of veterinarians, and lack of awareness. Going forward, increasing penetration of pet insurance, and social media will drive the growth. Factor that could hinder the growth of the animal hospitals and veterinary clinics market in the future includes COVID-19.



The animal hospitals and veterinary clinics market is segmented by type of service into consultation, surgery, medicine, and other (includes pet food). The consultation market was the largest segment of the animal hospitals and veterinary clinics market segmented by type, accounting for 47.8% of the total in 2019. Going forward, the medicine segment is expected to be the fastest growing segment in the animal hospitals and veterinary clinics market, at a CAGR of 6.9%.



The animal hospitals and veterinary clinics market is also segmented by type of animal into farm animals, and companion animals. The companion animals market was the largest segment of the animal hospitals and veterinary clinics market segmented by type of animal, accounting for 65.7% of the total in 2019. Going forward, the companion animals segment is expected to be the fastest growing segment in the animal hospitals and veterinary clinics market, at a CAGR of 5.1% during 2019-2023.



North America was the largest region in the global animal hospitals and veterinary clinics market, accounting for 51.5% of the total in 2019. It was followed by Western Europe, Asia Pacific, and then the other regions. Going forward, the fastest-growing regions in the animal hospitals and veterinary clinics market will be North America, and Asia Pacific, where growth will be at CAGRs of 6.0% and 5.1% respectively during 2019-2023. These will be followed by South America, and Western Europe, where the markets are expected to grow at CAGRs of 4.6% and 3.3% respectively during 2019-2023.



The global animal hospitals and veterinary clinics market is highly fragmented, with a presence of a large number of small players. The top ten competitors in the market made up to 6.10% of the total market in 2019. Major players in the market include Mars Inc., CVS Group Plc, Greencross Vets Limited, Medivet Group Limited, and Animal and Plant Health Agency



The top opportunities in the animal hospitals and veterinary clinics market segmented by type will arise in the consultation market segment, which will gain $8.1 billion of global annual sales by 2023. The top opportunities in the animal hospitals and veterinary services market segmented by type of animal will arise in the companion animals segment, which will gain $13.2 billion of global annual sales by 2023. The animal hospitals and veterinary clinics market size will gain the most in the USA at $10.6 billion.



Market-trend-based strategies for the animal hospitals and veterinary clinics market include offering telemedicine platform, adopting molecular biology for early detection of disease, adopting PCR for early detection, diagnosis and monitoring of influenza virus, providing nanoparticles as substitutes of conventional drugs, adopting big data technologies to predict and diagnose diseases, investing in wearables to monitor pet health, and investing in EHRs to increase practice efficiencies. Player-adopted strategies in the animal hospitals and veterinary clinics market include expanding through strategic acquisitions of independent animal clinics and hospitals, and improving operational performance.



Amidst the unprecedented outbreak of corona virus, governments across the world are advising people to stay indoors and practice social distancing, to reduce the spread of the pandemic. This has decreased short-term potential growth opportunities for the animal hospitals and veterinary clinics industry. COVID-19 pandemic has halted the economic activity in the majority of countries. Economic meltdown might discourage pet owners form spending on non-emergency services such as routine veterinarian visits, hindering the growth of the market.



To take advantage of the opportunities, recommends the animal hospitals and veterinary clinics companies to focus on offering telemedicine platforms, consider adopting polymerase chain reaction (PCR) for early detection, use of big data in veterinary care, stem cell therapy to treat animals, wearables to monitor pet health, collaboration with technology companies to boost innovation, offer competitive and skimming pricing, expanding in emerging markets, increase adoption of internet and social media, collaborate with opinion leaders and focus on individual customers.



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