Germany Veterinary Hospital Market Size & Outlook
Germany veterinary hospital market, 2018-2030 (US$M)
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Germany veterinary hospital market highlights
- The Germany veterinary hospital market generated a revenue of USD 3,958.7 million in 2023 and is expected to reach USD 5,334.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, medicine was the largest revenue generating type in 2023.
- Surgery is the most lucrative type segment registering the fastest growth during the forecast period.
Veterinary hospital market data book summary
| Market revenue in 2023 | USD 3,958.7 million |
| Market revenue in 2030 | USD 5,334.0 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Medicine |
| Fastest growing segment | Surgery |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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, Germany accounted for 4.8% of the global veterinary hospital market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK veterinary hospital market is projected to lead the regional market in terms of revenue in 2030.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 1,400.0 million by 2030.
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Veterinary Hospital Market Scope
Veterinary Hospital Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 45.56% in 2023. Horizon Databook has segmented the Germany veterinary hospital market based on surgery, medicine, consultation covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is the leading market for pet food products. According to a report by the German Pet Food Industry Association, there were approximately 34.9 million pets in Germany in 2020. This high number has resulted in increased demand for veterinary services and products.
As a result, there has been significant rise in number of veterinary hospitals and clinics in Germany over the past few decades. For instance, according to Federation of Veterinarians of Europe, in 2018, there were 41,000 veterinarians in Germany.
The Germany market of veterinary hospitals is also expected to drive the demand for alternative therapies for pets, such as acupuncture, chiropractic, and herbal medicine. As a result, more veterinary hospitals in Germany are offering these services to meet the demand.
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Target buyers of Germany 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 country-level data and insights on the Germany veterinary hospital market , including forecasts for subscribers. This country databook contains high-level insights into Germany veterinary hospital market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany veterinary hospital market size, by type, 2018-2030 (US$M)
Germany Veterinary Hospital Market Outlook Share, 2023 & 2030 (US$M)
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