Norway Veterinary Services Market Size & Outlook
Norway veterinary services market, 2018-2030 (US$M)
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Norway veterinary services market highlights
- The Norway veterinary services market generated a revenue of USD 703.0 million in 2023 and is expected to reach USD 1,486.1 million by 2030.
- The Norway market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, production animals was the largest revenue generating animal type in 2023.
- Companion Animals is the most lucrative animal type segment registering the fastest growth during the forecast period.
Veterinary services market data book summary
| Market revenue in 2023 | USD 703.0 million |
| Market revenue in 2030 | USD 1,486.1 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Production animals |
| Fastest growing segment | Companion Animals |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Companion Animals, Production Animals |
| Key market players worldwide | CVS Group PLC, National Veterinary Associates, Pets at Home Group PLC, Greencross Vets, Fetch Pet Care, IVC Evidensia, PetSmart, Airpets International |
Other key industry trends
- In terms of revenue, Norway accounted for 0.5% of the global veterinary services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK veterinary services market is projected to lead the regional market in terms of revenue in 2030.
- Norway is the fastest growing regional market in Europe and is projected to reach USD 1,486.1 million by 2030.
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Veterinary Services Market Scope
Veterinary Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Norway veterinary services 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 services market will help companies and investors design strategic landscapes.
Production animals was the largest segment with a revenue share of 58.41% in 2023. Horizon Databook has segmented the Norway veterinary services market based on companion animals, production animals covering the revenue growth of each sub-segment from 2018 to 2030.
One of the notable trends in the Norwegian veterinary services market is the increasing focus on preventative care. Many veterinary hospitals and clinics in Norway offer regular health checkups, vaccinations, and other preventative care services for pets. Another trend in Norwegian veterinary services is the use of new technologies and treatments.
Advancements in veterinary medicines, such as new surgical techniques, imaging technologies, and treatments have helped in the growth of veterinary services market. For instance, in June 2022, RLS Global announced a strategic partnership with Swevet in the animal care segment for Norway, Denmark, and Sweden.
This initiative was expected to expand the company’s buffered hypochlorite technology, its technical platform, to new geographic areas, indications, and applications. Finally, Norway veterinary services industry is also focusing more on environmental impact.
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Our clientele includes a mix of veterinary services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Norway veterinary services market , including forecasts for subscribers. This country databook contains high-level insights into Norway veterinary services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway veterinary services market size, by animal type, 2018-2030 (US$M)
Norway Veterinary Services Market Outlook Share, 2023 & 2030 (US$M)
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