Download free PDF

Veterinary Services Market Size & Share 2026-2035

Market Size – By Type (General Services, Specialty Services, Emergency Services), By Service (Diagnostic Tests and Imaging, Physical Health Monitoring, Surgery, Vaccination, Grooming, Pet Boarding and Daycare, Pet Fitness, Other Services), and By Animal Type (Companion Animals, Livestock Animals), Growth Forecast. The market forecasts are provided in terms of revenue (USD Million).

Report ID: GMI5280
   |
Published Date: May 2026
 | 
Report Format: PDF

Download Free PDF

Veterinary Services Market Size

The global veterinary services market was valued at USD 164.5 billion in 2025. The market is expected to grow from USD 177.3 billion in 2026 to USD 299.9 billion in 2035, at a CAGR of 6% during the forecast period, according to the latest report published by Global Market Insights Inc.

Veterinary Services Market Key Takeaways

Market Size & Growth

  • 2025 Market Size: USD 164.5 Billion
  • 2026 Market Size: USD 177.3 Billion
  • 2035 Forecast Market Size: USD 299.9 Billion
  • CAGR (2026–2035): 6%

Regional Dominance

  • Largest Market: North America
  • Fastest Growing Region: Asia Pacific

Key Market Drivers

  • Increasing prevalence of animal diseases.
  • Rising pet adoption.
  • Increasing penetration of pet insurance.
  • Advancements in veterinary medicine.

Challenges

  • Increasing cost of veterinary services.
  • Lack of skilled personnel.

Opportunity

  • Expansion of telemedicine and virtual care ecosystems.
  • Integration of regenerative and advanced therapies in clinical practice.

Key Players

  • Market Leader: IVC Evidensia led with over 7% market share in 2025.
  • Leading Players: Top 5 players in this market include IVC Evidensia, Mars, PetVet Care Centers, VetCor, VIP Petcare, which collectively held a market share of 15% in 2025.

The market is experiencing considerable growth driven by increasing animal population globally, high adoption of pet animals for companionship, high demand for premium pet services, easy access to veterinary services, rising disposable income in developing countries, and rising expenditure on veterinary care. For instance, according to the U.S. FDA, about 48 million cases of foodborne illness are reported each year in the U.S. The foodborne diseases are caused by Salmonella, Campylobacter, E. coli, Yersinia, and Listeria. Thus, to control the prevalence of foodborne diseases, the demand for accurate diagnosis of these diseases increases in animals, thereby supplementing the market growth.

Veterinary services involve treatment of diseased animals, periodic healthcare monitoring, animal neutering, preventive services, diagnostic and dental services for pets, pet vaccination, artificial insemination, and animal health protection, among other services. Veterinary services also include surgeries and pet consulting services, the health & wellbeing of companion and farm animals.

Key players in the global veterinary services market include Mars, VIP Petcare, CVS Group, PetVet Care Centers and PetIQ. These companies continue to drive innovation through expanded veterinary clinic networks, integration of advanced diagnostics, adoption of telehealth and AI‑supported platforms, and strategic consolidation to strengthen service capabilities across companion‑animal and livestock segments. Their combined efforts are instrumental in addressing the long‑term healthcare needs of pets and farm animals worldwide.

The rising implementation of digital solutions in the veterinary services industry is allowing veterinarians to efficiently offer quality care to different types of animals. Digital transformation of a veterinary facility enables smooth access to patient records as well as efficient care. For instance, technological advancements allow veterinarians to perform imaging tests, upload the images on cloud and share with any pathology lab globally. Digitalization of clinical treatments also enhances the overall quality of the veterinary imaging services, therefore enhancing market growth.

Between 2022 and 2024, the veterinary services market experienced steady and sustained growth, supported by rising pet ownership, expansion of preventive veterinary care, rapid adoption of digital diagnostics, and increasing investment in both companion‑animal and livestock healthcare services. During this period, the global market expanded from approximately USD 129.5 billion in 2022 to approximately USD 151.3 billion in 2024. Growth was further reinforced by heightened awareness of animal health, increased prevalence of chronic and infectious diseases, expansion of veterinary clinics and mobile service units, and broader access to modern veterinary treatments across developed and emerging markets.

Veterinary Services Market Research Report

Veterinary Services Market Trends

Growing humanization of pets, rising disposable income levels, and increasing penetration of pet insurance schemes are encouraging pet owners to spend more on high-quality veterinary care and related services.

  • According to the American Pet Products Association, nearly 70% of U.S. households owned at least one pet in 2021. As pets are increasingly considered family members, owners are prioritizing preventive care, advanced treatments, and regular veterinary consultations to ensure better health outcomes while reducing unexpected healthcare expenses.
  • The availability of advanced veterinary medical facilities, innovative diagnostic and treatment technologies, vaccination services, pet grooming, and daycare facilities is further supporting market growth. A survey conducted by the American Pet Products Association indicated that 30% of dog owners use full-service grooming salons, while others utilize mobile grooming services, retailers, or self-service centers. On average, dogs receive professional grooming services approximately four times annually.
  • Expansion of veterinary infrastructure, particularly in developed economies, is improving access to animal healthcare and pet care services. For example, Germany has a large network of animal boarding and pet daycare facilities, including specialized cat boarding centers and numerous dog daycare establishments across major cities.
  • In addition, ongoing technological advancements in veterinary medicine are accelerating industry growth. Innovations such as advanced imaging systems, telemedicine platforms, point-of-care diagnostics, and continuous research and development activities are enhancing the quality, efficiency, and accessibility of veterinary services globally.

Veterinary Services Market Analysis

Global Veterinary Services Market, By Type, 2022 – 2035 (USD Billion)

Based on the type, the veterinary services market is segmented into general services, specialty services and emergency services. The general services segment dominated the market in 2025 and was valued at USD 69.7 billion.

  • General veterinary services include routine animal checkups, vaccination, spay/neuter procedures, routine blood testing, physical examinations, and other preventive healthcare services essential for monitoring the overall health and wellbeing of pets.
  • The segment also covers pet daycare, boarding, grooming, and pet fitness care, enabling pet owners to provide comprehensive care and improve the quality of life of their animals, thereby supporting higher adoption of these services.
  • Increasing awareness regarding preventive pet healthcare is further driving segment growth. According to the American Veterinary Medical Association, spaying female dogs and cats helps prevent uterine infections and lowers the risk of breast cancer, while neutering male animals eliminates the risk of testicular cancer and reduces the likelihood of prostate-related disorders. In addition, estimates from Dogster suggest that nearly 85% of dogs in the U.S. have been spayed or neutered.
  • Meanwhile, the specialty services segment is projected to witness strong growth, expanding at a CAGR of 6.3% during the forecast period. Growth in this segment is supported by increasing demand for advanced diagnostics, complex surgical procedures, oncology treatments, and specialized veterinary expertise for companion and livestock animals

Based on the service, the veterinary services market is classified into diagnostic tests and imaging, physical health monitoring, surgery, vaccination, grooming, pet boarding and daycare, pet fitness and other services. The diagnostic tests and imaging segment is anticipated to witness growth at a CAGR of 6.2% over the forecast period.

  • Infectious diseases pose significant health risks to companion animals and can adversely impact the productivity of livestock animals. As a result, the need for rapid and accurate diagnostic solutions for disease detection, monitoring, control, and prevention has substantially increased demand for veterinary diagnostic and imaging services.
  • Technological advancements in veterinary diagnostics and imaging, including molecular diagnostics, point-of-care testing, high-resolution ultrasound systems, computed tomography (CT), and magnetic resonance imaging (MRI), have significantly improved the ability to diagnose animal diseases with greater precision and efficiency. These innovations are enhancing clinical outcomes and supporting overall market growth.
  • In addition, the growing adoption of teleradiology in veterinary medicine has improved access to diagnostic expertise and enabled faster interpretation of imaging results, further accelerating the utilization of veterinary diagnostic and imaging services.
  • Similarly, the physical health monitoring segment is witnessing steady growth due to increasing demand for routine wellness assessments, preventive healthcare checkups, and early disease detection solutions that support proactive management of chronic and emerging health conditions in companion animals.

Global Veterinary Services Market, By Animal Type (2025)

Based on the animal type, the veterinary services market is bifurcated into companion animals and livestock animals. The companion animals include dogs, cats, horses and other companion animals. The companion animals segment dominated with a market share of 60.2% in 2025.

  • The growth of the companion animals segment is primarily driven by increasing pet adoption, rising humanization of pets, and continuous advancements in veterinary healthcare services. In addition, the growing prevalence of chronic and age-related diseases among companion animals is increasing the demand for advanced veterinary treatments and preventive healthcare services.
  • For instance, according to the article Multimodal Pain Management for Canine Osteoarthritis published in 2021, osteoarthritis (OA) is among the most common diseases affecting dogs, impacting up to 75% of mature medium- and large-sized canines.
  • The study further highlighted that osteoarthritis prevalence in primary veterinary care settings was approximately 2.5%, with a median diagnosis age of 10.5 years. This indicates delayed diagnosis and limited early recognition of clinical symptoms by pet owners, creating a growing need for routine health monitoring, early screening, diagnostic services, pain management therapies, and long-term veterinary care for companion animals.
  • Meanwhile, the livestock animals segment is witnessing steady expansion due to rising global demand for high-quality animal protein, increasing incidence of infectious and productivity-limiting diseases, and greater adoption of preventive healthcare and herd monitoring practices aimed at improving livestock productivity, welfare, and disease management.

U.S. Veterinary Services Market, 2022 – 2035 (USD Billion)

North America Veterinary Services Market

The North America dominated with a 41.1% share of veterinary services industry in 2025.

  • The U.S. market was valued at USD 50.7 billion and USD 54.3 billion in 2022 and 2023, respectively. The market size reached USD 64.1 billion in 2025, growing from USD 59 billion in 2024.
  • The region’s market growth is primarily supported by high pet ownership rates, well-established veterinary infrastructure, and broad availability of advanced animal healthcare services. According to the Animal Health Institute, American households are home to nearly 400 million pets, including approximately 192 million dogs and cats. In addition, the presence of a strong livestock industry further strengthens demand for veterinary services across the region.
  • Rising expenditure on companion animal care, increasing awareness regarding preventive healthcare, and growing availability of specialized veterinary treatments continue to support market expansion in North America.
  • The region also demonstrates high adoption of pet insurance, which improves access to veterinary treatments and encourages utilization of advanced animal healthcare services..
  • Market growth in the U.S. is supported by the increasing number of veterinary service providers, a strong network of veterinary hospitals and clinics, and the presence of a large veterinary professional workforce.
  • According to the American Pet Products Association National Pet Owners Survey, approximately 94 million U.S. households own pets, including nearly 68 million households with dogs and 49 million households with cats.
  • The large population of companion and livestock animals, combined with increasing spending on animal healthcare and preventive services, continues to drive demand for veterinary services across the country.

Europe Veterinary Services Market

Europe market accounted for USD 44.2 billion in 2025 and is anticipated to show lucrative growth over the forecast period.

  • Growth in the region is supported by increasing incidence of animal diseases, rising awareness regarding preventive veterinary healthcare, and strong regulatory focus on animal welfare and disease management. Several European countries, including the UK, Germany, France, and Italy, have reported outbreaks of diseases such as avian influenza and West Nile virus, increasing demand for veterinary diagnostics, vaccination, and monitoring services.
  • In addition, Europe has a large and growing pet population, alongside increasing adoption of pet insurance, mobile grooming services, and modern veterinary care facilities, which continue to support market expansion.

Germany dominates the Europe veterinary services market, with strong growth potential.

  • The country’s leadership is supported by advanced adoption of diagnostic technologies, organized veterinary clinic networks, and increasing demand for preventive and specialty veterinary care across urban and rural areas.
  • Germany also maintains a large livestock population, encouraging adoption of precision animal health monitoring technologies to improve herd productivity and disease management. According to FoodTech Now, Germany had approximately 10.5 million cattle, including nearly 3.6 million dairy cows, in 2025.
  • In addition, pet ownership remains high in the country. As of 2023, nearly 45% of German households owned at least one pet, contributing to an estimated pet population of approximately 34.3 million animals. Cats and dogs remain the most commonly adopted companion animals in Germany.

Asia Pacific Veterinary Services Market

The Asia Pacific market is anticipated to grow at the highest CAGR of 6.4% during the analysis timeframe.

  • Regional growth is driven by increasing investments in veterinary diagnostics, preventive healthcare, and specialty animal care services. Veterinary clinics and hospitals across the region are increasingly integrating digital medical records, advanced imaging systems, and AI-assisted diagnostic technologies to improve clinical efficiency and treatment outcomes.
  • Furthermore, the rapid adoption of precision livestock management solutions, including smart sensors, automated animal monitoring systems, and disease prevention programs, is transforming commercial livestock production across countries such as China and India, thereby supporting long-term market expansion.

China veterinary services market is expected to showcase remarkable growth in the Asia Pacific region.

  • Increasing government focus on animal disease surveillance, prevention, and early diagnosis is contributing substantially to market growth in the country.
  • For example, the government of China introduced the National Rabies Prevention and Control Plan, which includes disease monitoring, vaccination campaigns, epidemic investigations, and public awareness initiatives to reduce the prevalence of rabies.
  • Growing awareness regarding zoonotic disease prevention, combined with strengthening veterinary infrastructure and rising pet ownership, is expected to further accelerate demand for veterinary services in China over the forecast period.

Latin American Veterinary Services Market

Brazil veterinary services market is anticipated to witness rapid growth in the Latin America.

  • The country has one of the largest pet populations globally, with approximately 160 million pets, including nearly 60 million dogs and 30 million cats, along with a substantial number of pet-owning households.
  • Brazil also maintains a significant livestock industry and ranks among the world’s leading cattle producers and beef exporters, generating strong demand for veterinary healthcare, disease management, and livestock monitoring services.
  • The large animal population, coupled with increasing expenditure on veterinary care and improving accessibility to veterinary services, is expected to support continued market growth in the country.

Middle East and Africa Veterinary Services Market

South Africa veterinary services market dominated the Middle East and Africa market in 2025.

  • Market growth in the country is supported by rising pet ownership, increasing disposable income levels, and continuous expansion of veterinary clinics and animal healthcare infrastructure.
  • Government and industry initiatives focused on improving animal welfare, vaccination awareness, and disease prevention are also contributing to increased adoption of veterinary services.
  • For instance, the World Small Animal Veterinary Association Vaccination Guidelines Group (VGG) launched initiatives aimed at improving understanding of infectious diseases in small animals and promoting evidence-based vaccination practices among veterinary professionals, further supporting market development across the region.

Veterinary Services Market Share

The global veterinary services industry is characterized by a consolidating yet highly competitive environment, with a concentrated group of leading clinic networks accounting for a substantial share of global service revenues. IVC Evidensia, Mars Veterinary Health, PetVet Care Centers, VetCor, and VIP Petcare collectively represent approximately 15% of the global veterinary services market, supported by their expansive clinic footprints, specialist capabilities, and rapidly modernizing care delivery models.

These companies dominate the core segments of general practice, specialty care, and emergency medicine across key regions, leveraging strengths in operational scale, advanced diagnostics, specialty expertise, and digital care infrastructure. Their networks benefit from broad geographic reach across Europe, North America, and Asia Pacific, enabling consistent standards of care and efficient knowledge transfer across multi‑site operations.

Strategic expansion through acquisitions, consolidation, and technology‑driven service enhancements continues to redefine the competitive landscape. IVC Evidensia and VetPet remain among the most active acquirers globally, expanding through multi‑country practice integration, while Mars Veterinary Health strengthens its presence through its large brands Banfield, VCA, BluePearl, and AniCura covering preventive, specialty, and emergency veterinary care.

Leading networks are intensifying investment in advanced diagnostics, specialty referral centers, oncology, cardiology, imaging, tele‑triage, and AI‑enabled decision‑support platforms. These efforts are driven by rising demand for complex companion‑animal care, rapid growth in premium pet ownership, and increasing emphasis on long‑term wellness and preventive veterinary services worldwide.

Veterinary Services Market Companies

Prominent players operating in the veterinary services industry include:

  • CVS Group
  • Ethos Veterinary Health
  • Greencross Limited
  • Heartland Veterinary Partners
  • IDEXX Laboratories
  • IVC Evidensia
  • VCA Animal Hospitals Inc.
  • Kremer Veterinary Services
  • Mars Incorporated
  • VIP Petcare
  • PetVet Care Centers
  • PetIQ
  • VetCor
  • VetPartners

IVC Evidensia holds a leading position in the global veterinary services market, supported by one of the world’s largest clinic networks spanning over 2,500 locations across 20 countries. Its strong market influence is reinforced by sustained multi‑country expansion, advanced clinical capabilities, and continuous investment in people, technology, and high‑quality care infrastructure, demonstrating IVC Evidensia’s commitment to scalable, integrated veterinary service delivery.

Mars Veterinary Health maintains a dominant competitive standing, backed by its extensive multinational portfolio of veterinary brands including Banfield, VCA, BluePearl, and AniCura. The company continues to strengthen its leadership through innovation in preventive, specialty, and emergency care, leveraging large‑scale clinical data, global operational capabilities, and strategic investments that expand access to advanced diagnostics, specialty centers, and digitally supported care models.

PetVet Care Centers is a major force in the veterinary services landscape, supported by a diversified network of 420+ Specialty and General Practice Veterinary Hospitals across the U.S. Its competitive strength is driven by its unique model of preserving local clinic autonomy while providing centralized operational, clinical, and technological support, enabling Petvet to strengthen its long‑term growth and leadership across general practice, specialty, and emergency care segments.

Veterinary Services Industry News

  • In March 2026, bitBiome and Kyoritsu Seiyaku announced a joint development agreement to co‑create biotechnology‑based animal health and nutrition products. The collaboration focused on leveraging bitBiome’s microbial sequencing platform with Kyoritsu’s veterinary expertise to commercialize new biological solutions.
  • In January 2026, Boehringer Ingelheim India entered a distribution and promotion agreement with Alivira Animal Health for its companion‑animal product portfolio in India. The partnership expanded market access across both urban and rural regions amid rising pet ownership and preventive‑care demand.
  • In December 2024, Mars Veterinary Health entered the Indian veterinary segment through a minority investment in Crown Veterinary Services. Through this investment, Crown Vet will expand its network and introduce advanced training programs for its 240 employees, including 60 veterinarians.

The veterinary services market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2022 – 2035 for the following segments:

Market, By Type

  • General services
  • Specialty services
  • Emergency services

Market, By Service

  • Diagnostic tests and imaging
  • Physical health monitoring
  • Surgery
  • Vaccination
  • Grooming
  • Pet boarding and daycare
  • Pet fitness
  • Other services

Market, By Animal Type

  • Companion animals
    • Dogs
    • Cats
    • Horses
    • Other companion animals
  • Livestock animals
    • Cattle
    • Swine
    • Poultry
    • Sheep & goats

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Netherlands
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE
Authors:  Monali Tayade, Jignesh Rawal

Research methodology, data sources & validation process

This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.

Our 6-step research process

  1. 1. Research design & analyst oversight

    At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.

    Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.

  2. 2. Primary research

    Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.

  3. 3. Data mining & market analysis

    Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.

  4. 4. Market sizing

    Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.

  5. 5. Forecast model & key assumptions

    Every forecast includes explicit documentation of:

    • ✓ Key growth drivers and their assumed impact

    • ✓ Restraining factors and mitigation scenarios

    • ✓ Regulatory assumptions and policy change risk

    • ✓ Technology adoption curve parameter

    • ✓ Macroeconomic assumptions (GDP growth, inflation, currency)

    • ✓ Competitive dynamics and market entry/exit expectations

  6. 6. Validation & quality assurance

    The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.

    Our triple-layer validation process ensures maximum data reliability:

    • ✓ Statistical Validation

    • ✓ Expert Validation

    • ✓ Market Reality Check

Trust & credibility

10+
Years in Service
Consistent delivery since establishment
A+
BBB Accreditation
Professional standards & satisfaction
ISO
Certified Quality
ISO 9001-2015 Certified Company
150+
Research Analysts
Across 10+ industry verticals
95%
Client Retention
5-year relationship value

Verified data sources

  • Trade publications

    Security & defense sector journals and trade press

  • Industry databases

    Proprietary and third-party market databases

  • Regulatory filings

    Government procurement records and policy documents

  • Academic research

    University studies and specialist institution reports

  • Company reports

    Annual reports, investor presentations, and filings

  • Expert interviews

    C-suite, procurement leads, and technical specialists

  • GMI archive

    13,000+ published studies across 30+ industry verticals

  • Trade data

    Import/export volumes, HS codes, and customs records

Parameters studied & evaluated

Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →

Frequently Asked Question(FAQ) :
How big is the veterinary services market?
The veterinary services market size was estimated at USD 164.5 billion in 2025 and is expected to reach USD 177.3 billion in 2026.
What is the 2035 forecast for the veterinary services market?
The market is projected to reach USD 299.9 billion by 2035, growing at a CAGR of 6% from 2026 to 2035.
Which region dominates the veterinary services market?
North America currently holds the largest share of the veterinary services market in 2025.
Which region is expected to grow the fastest in the veterinary services market?
Asia Pacific is projected to be the fastest-growing region during the forecast period.
Who are the major players in veterinary services market?
Some of the major players in veterinary services market include IVC Evidensia, Mars, PetVet Care Centers, VetCor, VIP Petcare, which collectively held 15% market share in 2025.
How much revenue did the general services segment generate in 2025?
The general services segment generated USD 69.7 billion in 2025, due to widespread demand for routine animal checkups, vaccinations, spay/neuter procedures, preventive healthcare services, and pet daycare, boarding, and grooming services.
What is the growth outlook for the specialty services segment from 2026 to 2035?
The specialty services segment is projected to grow at a CAGR of 6.3% through 2035, supported by increasing demand for advanced diagnostics, complex surgical procedures, oncology treatments.
Veterinary Services Market Scope
  • Veterinary Services Market Size

  • Veterinary Services Market Trends

  • Veterinary Services Market Analysis

  • Veterinary Services Market Share

Authors:  Monali Tayade, Jignesh Rawal
Explore Our Licensing Options:

Starting at: $2,450

Premium Report Details:

Base Year: 2025

Companies Profiled: 14

Tables & Figures: 160

Countries Covered: 19

Pages: 135

Download Free PDF

We use cookies to enhance user experience. (Privacy Policy)