Veterinary Services Global Market Report 2022 – By Type (Animal Hospitals And Veterinary Clinics, Veterinary Laboratory Testing Services), By Type of Animal (Livestock, Companion Animals), By Type of Expenditure (Public, Private), By Type of Service (Onsite, Offsite) – Market Size, Trends, And Global Forecast 2022-2026

What is the definition of the veterinary services market?

The veterinary services market consists of sales of veterinary services and related goods by entities (organizations, sole traders, and partnerships) that provide veterinary services to pets, farm animals, and animals kept in zoos and wildlife parks. This industry includes animal hospitals and veterinary clinics that provide consultation services, treatment, curative medicines to animals.

How will the veterinary services market drivers and restraints affect veterinary services market dynamics? What forces will shape the veterinary services industry going forward?

The veterinary services market growth is aided by the rise in global meat production. However, some veterinary services market restraints include the COVID-19 outbreak.

What is the forecast market size of the veterinary services market?

The veterinary services market is expected to reach $185.92 billion in 2026 at a rate of 9.5%.

How is the veterinary services segmented?

The global veterinary services market is segmented -
1) By Type: Animal Hospitals and Veterinary Clinics, Veterinary Laboratory Testing Services 2) By Type of Animal: Livestock, Companion Animals 3) By Type of Expenditure: Public, Private 4) By Type of Service: Onsite, Offsite Subsegments Covered: Routine Examinations, Non-Surgical Procedures, Surgical Procedures, Pet Animals Laboratory Testing Services, Livestock Laboratory Testing Services

Which region has largest share, and what is the market size and growth by geography according to the veterinary services global market report?

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Who are the key players of the veterinary services market?

Top competitors in the veterinary services market are IDEXX Laboratories, Pets at Home Group PLC, National Veterinary Associates, Greencross Limited, Qiagen N.V., CVS Group Plc, The Animal Medical Center, Dechra Pharmaceuticals, and Neogen Corporation.

What are the key trends in the veterinary services market?

Major trends influencing the veterinary services market include the increasing popularity of telemedicine as this technology enables pet owners to get access to quality care from remote locations. Telemedicine is a subset of Telehealth that includes remote clinical and non-clinical elements of the healthcare system. It refers to the direct communication between veterinarians and clients via communication systems such as phone, mail, and video conference technologies. This technology also helps in improving existing veterinarian-client-patient relationships. Busy lifestyles and consumers' preference for personalized services are driving the demand for telemedicine services.

What are the major opportunities in the veterinary services market and the approaches companies can take to take advantage of them?

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How does the veterinary services market relate to the overall economy and other similar markets?

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