U.S. Veterinary Care Market Size & Outlook, 2021-2028
U.S. veterinary care market, 2016-2028 (US$M)
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U.S. veterinary care market highlights
- The U.S. veterinary care market generated a revenue of USD 26,993.6 million in 2021 and is expected to reach USD 34,098.2 million by 2028.
- The U.S. market is expected to grow at a CAGR of 3.4% from 2022 to 2028.
- In terms of segment, companion animal was the largest revenue generating animal type in 2021.
- Production Animal is the most lucrative animal type segment registering the fastest growth during the forecast period.
Veterinary care market data book summary
| Market revenue in 2021 | USD 26,993.6 million |
| Market revenue in 2028 | USD 34,098.2 million |
| Growth rate | 3.4% (CAGR from 2021 to 2028) |
| Largest segment | Companion animal |
| Fastest growing segment | Production Animal |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Companion Animal, Production Animal |
| Key market players worldwide | Merck KGaA, Zoetis, Boehringer Ingelheim, Elanco Animal Health Inc, IDEXX Laboratories Inc, Mars Group Holdings Corp, Virbac SA, Vetoquinol SA, Indian Immunologicals, Samsung Bioepis, Ceva Santé Animale |
Other key industry trends
- In terms of revenue, U.S. accounted for 34.0% of the global veterinary care market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. veterinary care market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 9,394.4 million by 2028.
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Veterinary Care Market Scope
Veterinary Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. veterinary care market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary care market will help companies and investors design strategic landscapes.
Companion animal was the largest segment with a revenue share of 64.29% in 2021. Horizon Databook has segmented the U.S. veterinary care market based on companion animal, production animal covering the revenue growth of each sub-segment from 2016 to 2028.
- U.S. Veterinary Care Animal Type Outlook (Revenue, USD Million, 2016-2028)
- Companion Animal
- Dogs
- Cats
- Equine
- Others
- Production Animal
- Regular
- Emergency
- Critical
- Specialty services
- Companion Animal
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Target buyers of U.S. veterinary care market databook
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Our clientele includes a mix of veterinary care market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. veterinary care market , including forecasts for subscribers. This country databook contains high-level insights into U.S. veterinary care market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. veterinary care market size, by animal type, 2016-2028 (US$M)
U.S. Veterinary Care Market Outlook Share, 2021 & 2028 (US$M)
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