Sweden Veterinary Services Market Size & Outlook
Sweden veterinary services market, 2018-2030 (US$M)
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Sweden veterinary services market highlights
- The Sweden veterinary services market generated a revenue of USD 1,616.9 million in 2023 and is expected to reach USD 3,167.2 million by 2030.
- The Sweden market is expected to grow at a CAGR of 10.1% 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 1,616.9 million |
| Market revenue in 2030 | USD 3,167.2 million |
| Growth rate | 10.1% (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, Sweden accounted for 1.3% 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 |
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Sweden 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 58.45% in 2023. Horizon Databook has segmented the Sweden veterinary services market based on companion animals, production animals covering the revenue growth of each sub-segment from 2018 to 2030.
Sweden has a well-developed veterinary hospital industry that provides high-quality care to support the health and welfare of animals in the country. The industry is composed of public and private veterinary clinics, animal hospitals, & veterinary research institutes. In Sweden, the number of veterinary clinics significantly increased from 2010 to 2020.
There were 1,419 veterinary clinics in 2020 in the country. One of the notable features of Sweden’s veterinary service industry is its strong focus on preventive care. Moreover, many veterinary hospitals and clinics offer regular checkups and vaccinations for pets, which helps prevent the spread of diseases and ensures the overall health and well-being of animals.
Sweden also has a focus on veterinary health and animal welfare. The country established policies & regulations to ensure that animals are treated humanely and provided with adequate care throughout their lives. The Swedish Animal Welfare Act, which was first introduced in 1988, sets the legal framework for animal welfare in Sweden.
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Our clientele includes a mix of veterinary services 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 Sweden veterinary services market , including forecasts for subscribers. This country databook contains high-level insights into Sweden veterinary services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Sweden veterinary services market size, by animal type, 2018-2030 (US$M)
Sweden Veterinary Services Market Outlook Share, 2023 & 2030 (US$M)
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