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).
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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
Regional Dominance
Key Market Drivers
Challenges
Opportunity
Key Players
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 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.
Veterinary Services Market Analysis
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.
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.
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.
North America Veterinary Services Market
The North America dominated with a 41.1% share of veterinary services industry in 2025.
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.
Germany dominates the Europe veterinary services market, with strong growth potential.
Asia Pacific Veterinary Services Market
The Asia Pacific market is anticipated to grow at the highest CAGR of 6.4% during the analysis timeframe.
China veterinary services market is expected to showcase remarkable growth in the Asia Pacific region.
Latin American Veterinary Services Market
Brazil veterinary services market is anticipated to witness rapid growth in the Latin America.
Middle East and Africa Veterinary Services Market
South Africa veterinary services market dominated the Middle East and Africa market in 2025.
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:
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.
~7% market share
Collective market share is ~15%
Veterinary Services Industry News
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:
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Market, By Type
Market, By Service
Market, By Animal Type
The above information is provided for the following regions and countries:
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