Global Veterinary Hospital Market Size & Outlook
The veterinary hospital industry worldwide is expected to reach a projected revenue of US$ 123,874.2 million by 2030. A compound annual growth rate of 5.8% is expected of the worldwide veterinary hospital industry from 2024 to 2030.
Revenue, 2023 (US$M)
$83,298.8
Forecast, 2030 (US$M)
$123,874.2
CAGR, 2024 - 2030
5.8%
Report Coverage
Worldwide
Global veterinary hospital market, 2018-2030 (US$M)
Related Markets
Global veterinary hospital market highlights
- The global veterinary hospital market generated a revenue of USD 83,298.8 million in 2023 and is expected to reach USD 123,874.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.8% by 2030.
- In terms of segment, medicine accounted for a revenue of USD 37,794.3 million in 2023.
- Surgery is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 83,298.8 million |
| Market revenue in 2030 | USD 123,874.2 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Medicine |
| Fastest growing segment | Surgery |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgery, Medicine, Consultation |
Other key industry trends
- In terms of revenue, the North America accounted for 43.2% of the global veterinary hospital market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 6,024.8 million by 2030.
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Veterinary Hospital Market Scope
Veterinary hospital market segmentation & scope
Veterinary Hospital Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global veterinary hospital 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 hospital market will help companies and investors design strategic landscapes.
medicine was the largest segment with a revenue share of 45.37% in 2023. Horizon Databook has segmented the Global veterinary hospital market based on surgery, medicine, consultation covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Veterinary Hospital Type Outlook (Revenue, USD Million, 2018-2030)
- Surgery
- Medicine
- Consultation
- Global Veterinary Hospital Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Companion Animals
- Farm animals
- Global Veterinary Hospital Sector Outlook (Revenue, USD Million, 2018-2030)
- Public
- Private
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Target buyers of Global veterinary hospital market databook
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Our clientele includes a mix of veterinary hospital 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 global-level data and insights on the Global veterinary hospital market , including forecasts for subscribers. This global databook contains high-level insights into Global veterinary hospital market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global veterinary hospital market statistics, by region, 2018-2030 (US$M)
Top 10 countries by Veterinary Hospital Market revenue, 2023 (USD Million)
Top 10 countries by Veterinary Hospital Market revenue, 2023 (USD Million)
Global veterinary hospital market, by region, 2023 (US$M)
Related regional statistics
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