The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest veterinary services market share in 2022.

The global veterinary services market will grow from $131.15 billion in 2022 to $142.88 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The veterinary services market is expected to grow from $193.21 billion in 2027 at a CAGR of 7.8%.

Major Driver In The Veterinary Services Market ­– Rise In Production Of Meat Products
According to the US Department of Agriculture, beef output in the United States will reach 27.5 billion pounds in 2020, the biggest production volume ever recorded in the country. Rising meat output is particularly noticeable in developing countries such as China, India, and Brazil, where rising populations and income levels stimulate demand for meat products. Meat and poultry output in emerging markets is predicted to expand by 76% by 2027. China’s meat imports are predicted to more than triple to $150 billion by 2050, as consumption of poultry, hog, and beef rises due to the country’s growing middle class.

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Recent Veterinary Services Market Trend – Telemedicine
Telemedicine is a subset of telehealth that comprises remote clinical and non-clinical healthcare system features. It refers to direct communication between veterinarians and clients via communication tools such as phones, mail, and video conferencing. This technology also aids in the enhancement of existing veterinarian-client-patient interactions. Demand for telemedicine services is being driven by consumers’ choice for personalized services and their hectic lifestyles. Televet, Fuzzy Pet Health, and Healthpets, for example, are veterinary clinics that provide telemedicine.

Veterinary Services Market Prominent Players
Major companies in the veterinary services market include IDEXX Laboratories, Pets at Home Group PLC, National Veterinary Associates, Greencross Limited, Qiagen N.V., CVS Group Plc, The Animal Medical Center, Dechra Pharmaceuticals, and Neogen Corporation.

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Key Veterinary Services Market Segments
1) By Type: Animal Hospitals And Veterinary Clinics, Veterinary Laboratory Testing Services
2) By Type of Animal: Livestock, Companion Animals
3) By Type of Expenditure: Public, Private
4) By Type of Service: Onsite, Offsite

The Veterinary Services Global Market Report 2023 provides a comprehensive overview on the veterinary services market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the veterinary services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Veterinary services are services that provide veterinary services to pets, farm animals, and animals kept in zoos and wildlife parks, such as animal hospitals and veterinary clinics that provide consultation services, treatment, and curative medicines to animals in order to improve their health and life cycles.

View More Related Reports –

Veterinary Healthcare Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/veterinary-healthcare-global-market-report

Veterinary Medical Equipment Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/veterinary-medical-equipment-global-market-report

Veterinary Vaccines Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/veterinary-vaccines-global-market-report

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