Report ID: SQMIG35I2225
Veterinary Services Market Size, Share, Growth Analysis, By Service type(Diagnostic tests, imaging, surgery, physical health monitoring), By Animal type(Companion animals, production animals), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35I2225 |
Region:
Global |
Published Date: July, 2036
Pages:
157
|
Tables:
64 |
Figures:
75
Veterinary Services Market Regional Insights
Global veterinary services market is dominated by North America and the region is expected to experience significant growth during the forecast period (2022 – 2028). U.S. has emerged as a significant contributor to market growth in North America because of high adoption of pets and expenditure for their proper health care. According to the National Pet Owners Survey 2021-2022, conducted by the American Pet Products Association (APPA), around 70% of United States households own a pet, which equates to 90.5 million homes, including 45.3 million cats and 69 million dogs.
Meanwhile, Asia Pacific is projected to be the fastest-growing regional market over the forecast years thanks to the rampant growth of the growing pets and livestock population in the developed and emerging economies in this region. Veterinary services also reduce poverty, especially among rural populations in developing countries as it helps in the preservation of precious livestock population. As a consequence of the increased focus and awareness of the government about the early diagnosis and prevention of the zoonotic diseases, Asia Pacific is expected to witness seamless growth of the global veterinary services market.
Veterinary Services Market Report Snapshots
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