Veterinary Services Market Report 2026

Veterinary Services Market Overview

• Veterinary Services market size has reached to $165.98 billion in 2025 • Expected to grow to $237.06 billion in 2030 at a compound annual growth rate (CAGR) of 7.4% • Growth Driver: Companion Animal Adoption Fuels Veterinary Services Market Growth • Market Trend: Telemedicine Platforms Increase Access To Veterinary Care • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Veterinary Services Market?

Veterinary services refer to a type of service that is engaged in providing veterinary services to pets, farm animals, and animals kept in zoos and wildlife parks, including animal hospitals and veterinary clinics that provide consultation services, treatment, and curative medicines to animals to improve their health and life cycles. The main types of veterinary services are animal hospitals and veterinary clinics, and veterinary laboratory testing services. Veterinary laboratory testing services refer to the services that are provided to animals to test for a disease. The types of services offered are onsite and offsite and are used for livestock and companion animals. The expenditure includes public and private.

What Is The Veterinary Services Market Growth Forecast?

The veterinary services market size is expected to see strong growth in the next few years. It will grow to $237.06 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to integration of advanced diagnostic technologies, rising demand for mobile veterinary services, growth in genetic and pathology testing, increasing preventive healthcare adoption, expansion of specialty and referral clinics. Major trends in the forecast period include expansion of mobile veterinary services, growth in specialty veterinary practices, increase in onsite and offsite laboratory testing, adoption of preventive and wellness care programs, rising expenditure on companion animal health.

Global Veterinary Services Market Segmentation

1) By Type: Animal Hospitals And Veterinary Clinics, Veterinary Laboratory Testing Services 2) By Type Of Service: Onsite, Offsite 3) By Type Of Animal: Livestock, Companion Animals 4) By Type Of Expenditure: Public, Private Subsegments: 1) By Animal Hospitals And Veterinary Clinics: General Veterinary Practices, Specialty Veterinary Hospitals, Mobile Veterinary Services, Referral Veterinary Clinics 2) By Veterinary Laboratory Testing Services: Diagnostic Testing, Pathology Services, Microbiology Services, Genetic Testing Services

What Is The Driver Of The Veterinary Services Market?

The rising adoption of companion animals is expected to drive the growth of the veterinary services market. Companion animals refer to domesticated or domestic-bred animals whose physical, emotional, behavioral, and social needs are quickly addressed as housemates or near humans. Adoption of companion animals is rising due to increased awareness of mental and emotional well-being, as people increasingly seek pets for companionship, stress reduction, and emotional support in modern lifestyles. Veterinary services are essential for diagnosing and treating health issues in companion animals, ensuring their well-being, and preventing the spread of zoonotic diseases. For instance, in July 2024, according to US-based Insurance Zebra Pet Adoption Statistics, in 2023, 3.2 million dogs were admitted to shelters across America, representing a 0.2% increase from 2022. In 2022, approximately 44.5% of households owned a dog as a pet. Therefore, the rising adoption of companion animals is driving the growth of the veterinary services industry.

Key Players In The Global Veterinary Services Market

Major companies operating in the veterinary services market are Mars Inc., Zoetis Inc., VCA Inc., IDEXX Laboratories Inc., Qiagen N.V., Pets at Home Group PLC, BluePearl Pet Hospital, Dechra Pharmaceuticals plc, PetIQ LLC, CVS Group Plc, Banfield Pet Hospital, Neogen Corporation, Vetpartners, Greencross Limited, National Veterinary Associates Inc., Pathway Vet Alliance LLC, Ethos Veterinary Health LLC, Southern Veterinary Partners, VetCor, VetStrategy, National Veterinary Care Ltd., VetnCare, PetVet Care Centers, Kremer Veterinary Services, Armor Animal Health, Addison Biological Lab Inc., FirstVet AB, Vetnovo

Global Veterinary Services Market Trends and Insights

Major companies operating in the veterinary services market are focusing on developing innovative solutions such as virtual veterinary care platforms to enhance accessibility and streamline pet healthcare delivery. Virtual veterinary care platforms are online telemedicine services that enable pet owners to consult licensed veterinarians via video calls from home, helping increase accessibility, reduce wait times, and expand service reach beyond physical clinics. For instance, in July 2025, TelaVets Inc., a US-based veterinary care technology company, launched its virtual veterinary platform. This platform connects pet owners with licensed veterinarians nationwide for affordable online consultations, offering clear pricing, convenient scheduling, and expert care from home. The platform also integrates seamlessly into standard veterinary care offerings, improving client satisfaction and operational efficiency, though digital access and regulatory variation may influence adoption in certain regions.

What Are Latest Mergers And Acquisitions In The Veterinary Services Market?

In October 2023, EQT AB’s BPEA Private Equity Fund VIII, a Sweden-based investor focused on animal health and healthcare services, acquired VetPartners Limited for an undisclosed amount. With this acquisition, EQT aimed to expand VetPartners’ clinical capabilities and geographic footprint across Australia, New Zealand, and Singapore and to support enhanced investment in diagnostic technology, recruitment, and professional-development programs for veterinary teams. VetPartners Limited is an Australia-based provider of comprehensive veterinary services across a network of general practice clinics and specialty hospitals serving millions of animal visits annually.

Regional Outlook

North America was the largest region in the veterinary services market in 2025. Asia-Pacific was the second-largest region in the veterinary services market. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

What Defines the Veterinary Services Market?

The veterinary services market includes revenues earned by entities by providing treatment for ill animals, prevention of production-limiting conditions, distribution of medicines, vaccinations, and other products. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.