logo
logo
Sign in

Veterinary Hospitals Market Projected to Reach Unprecedented Growth by 2032

avatar
Ganesh Shinde
Veterinary Hospitals Market Projected to Reach Unprecedented Growth by 2032

FMI has published a new industry analysis study on Veterinary Hospitals. According to FMI, the global sales of Veterinary Hospitals in 2021 was held at US$74.9 billion. The estimated market growth rate from 2022 to 2032 is 6.2%, which is much greater than the historical rate.

Private veterinary hospital applications are predicted to provide the most revenue, with an absolute dollar opportunity of about US$ 39.9 billion between 2022 and 2032.

The Veterinary Hospitals Market has been expanding rapidly in recent years, owing to increased demand for meat and milk, as well as an increase in pet ownership. More than 98 million dogs are kept as pets in the United States. Pets live with their owners in around 68% of US homes. Pet ownership in the United States has increased by 56% since 1988.

Pets require treatment not just in the near term, but also for immunisation, neutering, and other veterinarian care. This rising pet culture has resulted in a huge increase in the demand for veterinary facilities around the world.

Together with the pet population, the global cattle population has grown significantly during the last decade. The growing demand for animal products has sparked animal production all over the world. Factors such as population expansion, lifestyle and nutritional changes, and increased demand for veterinary services have all contributed to market growth.

New safety precautions are being implemented by veterinarians all around the world. These regulations had an impact on how veterinarians cared for both sick and healthy pets, resulting in claims of delays and excessive wait times.

Key Players:

  • CVS Group PLC
  • Greencross Vet
  • Ethos Veterinary Health
  • Pets At Home Group PLC
  • Mars Incorporated
  • Animal Hospital
  • All Pets Animal Hospital
  • Cahaba Valley Animal Clinic
  • Blaine Central Veterinary Clinic
  • Belltowne Veterinary Center

Browse More@ https://www.futuremarketinsights.com/reports/veterinary-hospitals-market

Market Segments Covered In Veterinary Hospitals Industry Analysis

By Product Type:

  • Surgery
  • Medicine
  • Consultation

By Animal Type:

  • Companion Animals
  • Farm Animals

By Application:

  • Public
  • Private
  • Others


collect
0
avatar
Ganesh Shinde
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more