Veterinary Healthcare deals with veterinary medical and remedial care services. Veterinary healthcare includes veterinary services, animal medicine and veterinary medical equipment.
Veterinary Healthcare Global Market Size
The global veterinary healthcare market was valued at $27 billion in 2017. North America was the largest geographic region accounting for 44% of the global market. The USA was the largest country accounting for 40% of the global veterinary healthcare market.
Veterinary Healthcare Global Market Trend
The pet insurance industry is offering new product lines for veterinary services in developed markets. The insurance cover helps pet owners to explore a range of treatment options available ensuring better healthcare of animals. For example, Healthy Paws pet insurance offers insurance for pet illness, accidents, hereditary and congenital conditions, chronic conditions and alternative care.
The companies covered are Bayer AG, Boehringer Ingelheim GmbH, Cargill Inc., Ceva Santé Animale, and Eli Lilly & Company.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Veterinary Healthcare Global Market Segmentation
The veterinary healthcare market is segmented into Veterinary Services; Veterinary Medical Equipment; and Animal Medicine.
Veterinary Services segment includes healthcare for animals - especially pets, farm animals, and animals kept in zoos and wildlife parks.
Veterinary Medical Equipment segment includes devices that are designed to aid diagnosis, monitoring or treatment of medical conditions in animals. The veterinary medical equipment market comprises surgical and medical instruments, surgical appliances and supplies.
Animal Hospitals And Veterinary Clinics provide health care facilities for non-human animals. They diagnose, treat and cure any kind of illnesses, diseases and injuries caused to the animals.