Global Animal Hospitals And Veterinary Clinics Market Size
Veterinary Healthcare

The Animal Hospitals And Veterinary Clinics Market Forecast Until 2030 – Opportunities And Strategies

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The animal hospitals and veterinary clinics market is expected to decline from $91.3 billion in 2023 to $70.7 billion in 2025 at a rate of -22.6%. The market is then expected to recover and grow at a CAGR of 5.1% from 2025 ad reach $111.2 billion in 2030.

 

The animal hospitals and veterinary clinics market consists of sales of veterinary services and related goods by animal hospitals and veterinary clinics.

 

Read More On The Animal Hospitals And Veterinary Clinics Market Report 2022 – https://www.thebusinessresearchcompany.com/report/animal-hospitals-and-veterinary-clinics-market

 

Animal Hospitals And Veterinary Clinics Market Driver

The increasing penetration of pet insurance is expected to drive the animal hospitals and veterinary clinics market. Globally, the pet insurance market is largely untapped with extremely low penetration rates providing a large market opportunity.

 

Animal Hospitals And Veterinary Clinics Market Trends

Rapid advances in molecular biology are enabling animal hospitals and veterinary clinics to offer high tech diagnostic tools. The latest diagnostic tools associated with molecular biology include DNA tests and protein tests. Adoption of DNA biotechnology by animal hospitals and veterinary clinics is supporting pet owners in controlling diseases.

 

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Opportunities And Recommendations For The Animal Hospitals And Veterinary Clinics Market

Opportunities – The top opportunities in the animal hospitals and veterinary clinics market segmented by type will arise in the consultation market segment. The top opportunities in the animal hospitals and veterinary services market segmented by type of animal will arise in the companion animals segment. The animal hospitals and veterinary clinics market size will gain the most in the USA.

Recommendations – The Business Research Company recommends the animal hospitals and veterinary clinics market companies to focus on offering telemedicine platforms, consider adopting polymerase chain reaction (PCR) for early detection, use of big data in veterinary care, stem cell therapy to treat animals, wearables to monitor pet health, collaboration with technology companies to boost innovation, offer competitive and skimming pricing, expanding in emerging markets, increase adoption of internet and social media, collaborate with opinion leaders and focus on individual customers.

 

Major Players And Regions Of The Animal Hospitals And Veterinary Clinics Market

Major players in the animal hospitals and veterinary clinics market are Mars Inc, CVS Group Plc, Greencross Vets Limited, Medivet Group Limited, Animal and Plant Health Agency.

 

The Animal Hospitals And Veterinary Clinics Market Report 2022 – Opportunities And Strategies – Global Forecast To 2023 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the animal hospitals and veterinary clinics market.

 

Animal Hospitals And Veterinary Clinics Market Segmentation By The Business Research Company

1) By Type Of Service- Consultation, Surgery, Medicine, Other (includes pet food)

2) By Type Of Animal- Farm Animals, Companion Animals

 

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