Veterinary services provide healthcare for animals - especially pets, farm animals, and animals kept in zoos and wildlife parks. Healthcare is required in cases of disease or injury and for health maintenance and management.



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The global veterinary industry analysis says that the veterinary services market grew from about $74 billion in 2013 to nearly $100 billion in 2017. This high growth of the veterinary industry can be attributed to factors such as increased pet spending in recent years, increased pet ownership by new generation, certification to import meat products, and other such factors mentioned in the report.

The USA was the largest country in the veterinary services market in 2017, accounting for around 42% of the market.

According to veterinary market statistics, the USA had a dog population of 69 million and cat population of 74 million in the year 2016. Other popular pets owned by households in the USA include fish, ferrets, rabbits and hamsters.

The veterinary industry overview shows that in the USA, the livestock population includes cattle, goats, sheep, horses and pigs. In 2016, the country had a livestock population of around 181 million. There are currently around 90 million cattle in the vet market of the USA, and among these are nine million dairy cows, and 30 million beef cows.



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In the USA, there were 117,735 veterinarians in 2017 of which 60.6% privately practiced in clinics and about 15% in public hospitals. Ninety percent of the 28,000 veterinary hospitals in the U.S. are independently owned. Veterinary services are in the early stages of consolidation, with consolidator ownership expected to nearly double by 2025. Companion animals and livestock contribute equally to the veterinary services market in the US.

Some of the major veterinary associations in the USA are American Veterinary Medical Association (AVMA), American Association of Bovine Practitioners (AABP), and American and Association of Veterinary State Boards (AAVSB).

Companies included in the report are VCA Inc., Banfield Pet Hospitals, Greencross Limited, CVS Group Plc, The Bergh Memorial Animal Hospital ASPCA and The Animal Medical Center.



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