Canada Veterinary Hospital Market Size & Outlook
Canada veterinary hospital market, 2018-2030 (US$M)
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Canada veterinary hospital market highlights
- The Canada veterinary hospital market generated a revenue of USD 7,545.8 million in 2024 and is expected to reach USD 11,598.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.4% from 2025 to 2030.
- In terms of segment, medicine was the largest revenue generating type in 2024.
- Surgery is the most lucrative type segment registering the fastest growth during the forecast period.
Veterinary hospital market data book summary
| Market revenue in 2024 | USD 7,545.8 million |
| Market revenue in 2030 | USD 11,598.6 million |
| Growth rate | 7.4% (CAGR from 2024 to 2030) |
| Largest segment | Medicine |
| Fastest growing segment | Surgery |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgery, Medicine, Consultation |
| Key market players worldwide | CVS Group PLC, Pets at Home Group PLC, Greencross Vets, National Veterinary Associates, All Pets Veterinary Hospital, Innovetive Petcare |
Other key industry trends
- In terms of revenue, Canada accounted for 8.6% of the global veterinary hospital market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. veterinary hospital market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 11,598.6 million by 2030.
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Veterinary Hospital Market Scope
Veterinary Hospital Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 45.15% in 2024. Horizon Databook has segmented the Canada veterinary hospital market based on surgery, medicine, consultation covering the revenue growth of each sub-segment from 2018 to 2030.
Veterinary hospitals have registered steady growth in Canada over the past few decades. According to Canadian Veterinary Medical Association, there were approximately 15,322 veterinarians in Canada in 2022, with approximately 3,825 of them working in clinical practice.
The growth of veterinary hospitals in Canada is due to the increasing importance that people place on their pets and the expanding role that pets play in Canadian households. As a result, there has been an increase in demand for veterinary services, including preventative care, medical treatment, and surgery.
In addition, advances in veterinary medicine and technology have allowed for more effective and specialized treatments, which in turn have increased the demand for veterinary specialists and specialty clinics. Furthermore, many veterinary hospitals have expanded their services to include boarding, grooming, and training to provide more comprehensive care for pets.
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Our clientele includes a mix of veterinary hospital market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada veterinary hospital market , including forecasts for subscribers. This country databook contains high-level insights into Canada veterinary hospital market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada veterinary hospital market size, by type, 2018-2030 (US$M)
Canada Veterinary Hospital Market Outlook Share, 2024 & 2030 (US$M)
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