What Has Been the Growth Trajectory of the Veterinary Education Market?
The veterinary education market has seen considerable growth due to a variety of factors.
• In recent times, the size of the market for veterinary education has seen substantial growth. The market will enlarge from a size of $2.89 billion in 2024 to about $3.1 billion in 2025, showing a compound annual growth rate (CAGR) of 7.1%.
Factors contributing to the growth during the past years include increased pet ownership and the need for companion animal care, growing consciousness about animal health and well-being, widening of veterinary practices and clinics, a surge in investment for veterinary research and education, and improved funding and grants for veterinary programs.
How Does the Forecast Look for the Veterinary Education Market?
The veterinary education market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the veterinary education market size is anticipated to witness robust expansion, with an estimated valuation of $4.01 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.7%.
The reasons for observing this growth during the predicted period include the rise in pet ownership, an increase in companion animal care needs, greater consciousness about animal health and welfare, the enlargement of veterinary surgeries and clinics, amplified investment into veterinary research and education, and increased financial support for veterinary programs. Several emerging trends in the forecast period include an uptick in the need for specialized veterinary offerings, an enlargement in animal health expenses, growth of web-based and remote education opportunities, a stronger emphasis on public veterinary health and zoonotic ailments, as well as a rise in the use of AI and data analysis within veterinary education.
Which Factors Are Boosting Growth In The Veterinary Education Market?
The veterinary education market is predicted to grow due to increasing demand for services related to animal grooming. These services, which consists of treatments and care programs such as bathing, nail trimming, brushing, and maintaining overall appearance, aims at ensuring pets' health, hygiene and visual appeal. A surge in pet ownership, heightened focus on pet health and well-being and increased consciousness regarding pet aesthetics and hygiene are factors contributing to the rising demand for these services. The enhancement in service quality offered through veterinary education by imparting extensive knowledge and skills to professionals to better comprehend pet health, identify health issues relating to grooming and ensuring total animal well-being is noteworthy. For example, the American Pet Products Association, a not-for-profit industry association from the US reported an expenditure increase from $11.4 billion in 2022 to $12.3 billion in 2023 on pet grooming, dog walking, and other pet boardings. As such, the expansion of the veterinary education market is stimulated by this increased demand for animal grooming services.
How Are The Segments Defined Within The Global Veterinary Education Market?
The veterinary education market covered in this report is segmented –
1) By Specialty: Veterinary Surgery, Veterinary Medicine, Veterinary Nursing, Animal Grooming, Other Specialties
2) By Course: Graduate Courses, Post-Graduate Courses, Standalone Courses
3) By Delivery Mode: Classroom-Based Courses, E-Learning
4) By Institution: Public, Private
5) By End Customer: New Students, Veterinarians
Subsegments:
1) Veterinary Surgery: Soft Tissue Surgery, Orthopedic Surgery, Emergency And Critical Care Surgery, Surgical Oncology, Minimally Invasive Surgery
2) Veterinary Medicine: Internal Medicine, Preventive Medicine, Emergency Medicine, Exotic Animal Medicine, Preventive Care And Public Health
3) Veterinary Nursing: Veterinary Technician Training, Veterinary Assistant Programs, Specialty Certifications, Continuing Education For Veterinary Nurses
4) Animal Grooming: Basic Grooming Techniques, Advanced Grooming Techniques, Canine And Feline Grooming, Grooming Business Management, Certification Programs
5) Other Specialties: Animal Behavior And Training, Veterinary Pathology, Animal Nutrition, Wildlife And Conservation Medicine, Equine Studies
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How Are New Trends Expected To Influence The Growth Of The Veterinary Education Market Landscape?
Leading corporations within the veterinary education market are channeling their efforts towards setting up new academies such as the Veterinary Educators Academy. This aims to develop their training potential and elevate the competencies of veterinary professionals. The Veterinary Educators Academy is an initiative devoted to professional growth that seeks to boost the pedagogical skills of veterinary faculty, advocate resourceful education techniques, and introduce pioneering teaching methods to enrich learning results in veterinary education. For instance, in June 2022, the Cornell Veterinary Educators Academy (CVEA) was inaugurated by Cornell University, a research University based in the US. The academy aims to uplift veterinary education via professional growth opportunities for educators. The academy provides a Fellows program designed to build a professional community for faculty members who have alike interests and objectives in veterinary education.
Who Are the Key Players in the Veterinary Education Market?
Major companies operating in the veterinary education market are include:
•IDEXX Laboratories Inc.
• Texas A&M University College of Veterinary Medicine & Biomedical Sciences
• The University of Edinburgh - Royal (Dick) School of Veterinary Studies
• University of Kansas College of Veterinary Medicine
• Banfield Pet Hospital LLC
• MedVet Medical & Cancer Centers for Pets
• The University of Sydney - Faculty of Veterinary Science
• St. George's University School of Veterinary Medicine
• University of California Davis - School of Veterinary Medicine
• Patterson Veterinary University
• Cornell University College of Veterinary Medicine
• VetPartners Limited
• The Ohio State University College of Veterinary Medicine
• University of Pennsylvania School of Veterinary Medicine
• University of Glasgow - School of Veterinary Medicine
• Veterinary Information Network (VIN)
• The Royal College of Veterinary Surgeons (RCVS)
• North American Veterinary Community (NAVC)
• University of Tennessee College of Veterinary Medicine
• Purdue University College of Veterinary Medicine
• University of Minnesota College of Veterinary Medicine
• University of Missouri College of Veterinary Medicine
• VetEducation.com.au
• VetPrep
• VetMedTeam
What Is The Most Dominant Region In The Veterinary Education Market?
North America was the largest region in the veterinary education market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary education market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
