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Spay and Neuter Market Size

  • Report ID: GMI6320
  • Published Date: Jul 2023
  • Report Format: PDF

Spay and Neuter Market Size

Spay And Neuter Market size was valued at USD 2.2 billion in 2022 and is expected to reach USD 3.6 billion by 2032, registering a CAGR of 4.7% during the forecast period. High growth can be attributed to surging awareness among pet owners pertaining to multitude of benefits associated with spaying and neutering their animals.

 

For instance, spaying and neutering not only helps in controlling the pet population but also contributes to better pet health and reduces the risk of certain diseases and behavioural problems. Secondly, the expansion of mobile spay, and neuter clinics has played a crucial role in reaching out to a broader audience, especially in remote areas where access to veterinary services may be limited, thereby driving market growth. Furthermore, continuous advancements in spay and neuter surgical procedures have led to improved techniques and outcomes, minimizing risks and recovery times for the animals, thereby further boosting the market growth.

 

Spaying and neutering are surgical procedures performed on animals, typically cats and dogs, to prevent them from reproducing. Spaying is the surgical procedure performed on female animals to remove their ovaries and, in most cases, their uterus. The technical term for spaying in females is "ovariohysterectomy”. Neutering refers to the surgical procedure performed on male animals to remove their testicles. The technical term for neutering in males is "castration."

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Spay and neuter industry size was worth USD 2.2 billion in 2022 and is expected to witness 4.7% CAGR from 2023-2032 attributed to surging awareness among pet owners pertaining to the multitude of benefits associated with spaying and neutering their animals.

Spay and neuter industry size from the dog segment accounted for 64.3% market share in 2022 owing to the increasing awareness among pet owners about promoting responsible pet ownership

North America spay and neuter market size reached USD 913.2 million in 2022 and is anticipated to expand at 5.1% CAGR from 2023-2032 owing to the growing emphasis on animal welfare across the region.

Major companies engaged in the market are Companions Spay & Neuter, Petco Animal Supplies, Inc., Animal Spay-Neuter Clinic, East Valley Veterinary Clinic, Naoi Animal Hospital, Indian Street Animal Clinic, Brown Veterinary Hospital, Houston Humane Society, and S/Nipped Clinic

Spay and Neuter Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 297
  • Countries covered: 19
  • Pages: 210
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