Global Animal Hospitals And Veterinary Clinics Market Trends And Strategies Of Major Players In The Animal Hospitals And Veterinary Clinics Market 2021-2030

25 Aug, 2021

The animal hospitals and veterinary clinics services market consists of sales of animal hospitals and veterinary clinics services such as consultation, surgery, medicine and other food items for animals. Veterinary Clinic are those premises at which veterinary surgery is practiced, but at which animals are not retained overnight. In veterinary hospitals veterinary surgery is practiced and animals receive treatment, nursing care, and other services. Services in veterinary hospitals include reception, treatment and care of animals suffering from disease or injury or in need of surgical or medical treatment or assistance.

Global Animal Hospitals And Veterinary Clinics Market Size And Drivers:

The global animal hospitals and veterinary clinics market is expected to grow from $77.48 billion in 2020 to $89.38 billion in 2021 at a compound annual growth rate (CAGR) of 15.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $110 billion in 2025 at a CAGR of 5.3%. The rise in adoption of companion pets globally is driving the animal hospitals and veterinary clinics market.

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Trends In The Global Animal Hospitals And Veterinary Clinics Market

Many veterinary care service providers are adopting big data technologies to provide better treatment for pets, livestock and animals. This technology is used to diagnose and assess potential diseases. Big data enables veterinarians identify the diseases affecting cattle and pets in various locations and regions. For instance, Bayer Healthcare Animal introduced applications to assess potential signs of diseases in animals, thus enabling faster diagnosis and treatment of disease conditions. Some of the major veterinary care providers opting big data analytics to treat pet health issues are VCA Inc., Banfield Pet Hospitals and Greencross Limited.

Global Animal Hospitals And Veterinary Clinics Market Segments:
The global animal hospitals and veterinary clinics market is further segmented based on type, animal type, end user and geography.
By Type: Consultation, Surgery, Medicine, Other (includes Pet food)
By Animal Type: Farm Animals, Companion Animals
By End user: Animal Care, Animal Rescue, Other
By Geography: The global animal hospitals and veterinary clinics market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Animal Hospitals And Veterinary Clinics Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides animal hospitals and veterinary clinics market overviews, analyzes and forecasts market size and growth for the global animal hospitals and veterinary clinics market, animal hospitals and veterinary clinics market share, animal hospitals and veterinary clinics market players, animal hospitals and veterinary clinics market segments and geographies, animal hospitals and veterinary clinics market’s leading competitors’ revenues, profiles and market shares. The animal hospitals and veterinary clinics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.