The Road Ahead for the Veterinary Rehabilitation Services Market: Key Growth Trends and Opportunities to Watch
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What CAGR is Anticipated for the Veterinary Rehabilitation Services Market During the Forecast Period, and Why?
The market size for veterinary rehabilitation services has experienced rapid expansion in recent years. The market is projected to increase from $0.85 billion in 2024 to $0.95 billion in 2025, witnessing a compound annual growth rate (CAGR) of 11.6%. Factors such as the growing demand for these services, an increase in musculoskeletal disorders among animals, enhanced understanding of physical rehabilitation benefits, and a rise in the number of veterinary rehabilitation centers are key contributors to the growth experienced in the past.
The market size of veterinary rehabilitation services is predicted to experience a swift expansion in the coming years. By 2029, it’s estimated to reach $1.46 billion, with a compound annual growth rate (CAGR) of 11.3%. The anticipated growth in this timeframe can be credited to factors such as the growing trend of treating pets like humans, an increasing emphasis on animal welfare, better understanding of rehabilitation benefits, the surge in risks related to musculoskeletal and orthopedic disorders, and quick-paced urbanization. Notable trends within this forecast period comprise improvements in medical technologies, the adoption of non-invasive and drug-free treatments, technology integration in pharmaceutical microparticles, strategic collaborations and partnerships, and all-inclusive rehabilitation services.
What Strategic Factors Are Influencing the Accelerated Growth of the Veterinary Rehabilitation Services Market?
The veterinary rehabilitation services market is anticipated to advance due to the increase in pet ownership. Keeping and caring for a domestic animal, which encompasses various duties and activities related to the animal’s health and maintenance, is known as pet ownership. The increase in pet ownership is attributed to societal shifts in perspective towards pets as members of the family, heightened awareness of the positive impacts of pet companionship on mental and physical health, and the greater availability of pet-friendly housing and services. Veterinary rehabilitation services are increasingly being integrated into contemporary pet care, as they are sought out by pet owners to ensure that their pets lead healthy, active, and satisfying lives. For example, according to Animal Medicines Australia, a non-governmental organization based in Australia, the number of pet owners rose dramatically in 2022, with 28,730.8 pet owners throughout the country, a 24% increase from 39% in 2021. This increase underscores the escalating popularity of pets in Australian households, and consequently, the growing trend for pet adoption and care investment. Hence, the veterinary rehabilitation services market is projected to expand with the rise in pet ownership.
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Which Companies Are Poised to Shape the Future of the Veterinary Rehabilitation Services Market?
Major companies operating in the veterinary rehabilitation services market are:
• Gulf Coast Veterinary Specialists
• Veterinary Medical & Surgical Group
• Veterinary Medical Center of Long Island
• Canine Rehabilitation & Conditioning Group
• VetStem Inc.
What Are the Latest Innovations and Trends Influencing the Veterinary Rehabilitation Services Market?
Leading firms in the veterinary rehabilitation services sector are concentrating their efforts on creating groundbreaking solutions, like comprehensive training and rehabilitation services. These services are designed to equip clinics with the necessary tools and training, enabling them to offer rehabilitation services. Comprehensive training and rehabilitation schemes contain various methods and modalities used by veterinary clinics to aid animals in recovery from injuries, diseases, or surgeries. For example, in July 2022, Vetoquinol SA, a pharmaceutical corporation based in France, rolled out a fresh program known as the Vetoquinol Rehabilitation Business Solution (VeRBS) – designed to assist veterinary clinics in providing pet rehabilitation assistance. Notably, the VeRBS program includes a two-day, on-site training course accommodating up to 10 clinic personnel. It includes lectures, laboratory sessions, as well as business planning services. The VeRBS program aspires to help clinics improve their services, allowing patients to reclaim strength, mobility, and comfort and thereby boosting their standard of living by offering almost instant solutions for staff training and equipment selection.
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What Are the Core Segments of the Veterinary Rehabilitation Services Market, and How Do They Contribute to Growth?
The veterinary rehabilitation services market covered in this report is segmented –
1) By Type: Manual Therapy, Hydrotherapy, Hot And Cold Therapies, Electro Therapies, Other Types
2) By Indication: Post-Surgery, Traumatic Injuries, Acute And Chronic Diseases, Developmental Abnormality, Other Indications
3) By End-User: Veterinary Rehab Centers And Hospitals, Rescue And Shelter Homes, Rehab Sanctuary, Other End-Users
Subsegments:
1) By Manual Therapy: Soft Tissue Mobilization, Joint Mobilization, Massage Therapy, Myofascial Release Therapy, Stretching And Range-Of-Motion Exercises
2) By Hydrotherapy: Underwater Treadmill Therapy, Aquatic Therapy Pools, Hydrostatic Pressure Therapy, Cold Water Immersion, Warm Water Therapy For Pain Relief
3) By Hot And Cold Therapies: Heat Therapy (Hot Packs, Infrared Therapy), Cold Therapy (Ice Packs, Cryotherapy), Thermotherapy For Muscle Relaxation, Cryotherapy For Inflammation And Swelling, Contrast Therapy (Alternating Hot And Cold)
4) By Electro Therapies: Transcutaneous Electrical Nerve Stimulation (Tens), Electro-Acupuncture, Neuromuscular Electrical Stimulation (Nmes), Interferential Current Therapy, Laser Therapy (Low-level Laser Therapy Or Lllt)
5) By Other Types: Acupuncture, Laser Therapy, Stretching And Strengthening Exercises, Chiropractic Adjustments, Post-Surgical Rehabilitation Programs
What Regions Are Contributing Significantly to the Growth of the Veterinary Rehabilitation Services Market?
North America was the largest region in the veterinary rehabilitation services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary rehabilitation services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Definition of the Veterinary Rehabilitation Services Market Impacting Future Growth?
Veterinary rehabilitation services refer to a specialized area of veterinary medicine focused on improving animals’ physical function, mobility, and quality of life through therapeutic exercises and modalities. These help to enhance animals’ overall well-being and functional ability, promoting faster recovery and improved long-term health outcomes.
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