The veterinary healthcare market is expected to reach over $261.48 billion in 2027 at a CAGR of 7.5%!
Nanotechnology is increasingly gaining traction in the animal medicine market as a substitute for veterinary antibiotics to tackle antibiotic resistance. Nanotechnology is the study of controlling matter on an atomic and molecular scale. In the animal medicine industry is used to improve diagnosis, treatment, animal growth promotion, and production. Nanoparticles are mainly used as alternative antimicrobial agents to reduce the use of antibiotics and improve the detection of pathogenic bacteria. They are also used as drug delivery agents for new drugs and vaccine candidates to improve their characteristics and performance, and to reduce drug resistance in animal organisms.
Veterinary Healthcare Market Coverage
The veterinary healthcare market consists sales of veterinary healthcare goods and services by entities (organizations, sole traders and partnerships) associated with diagnosis, treatment and prevention of diseases in animals. This industry includes establishments that provide veterinary services, veterinary medical equipment producers and animal medicine producers. The veterinary healthcare market is segmented into veterinary services; veterinary medical equipment and animal medicine. Only goods and services traded between entities or sold to end consumers are included.
The Business Research Company covers 46 markets overall in the veterinary healthcare market providing global market numbers, market growth, market-specific drivers and restraints, trends, and other market specific information. The veterinary healthcare market is segmented in the following manner:
- 1. Veterinary Services
The veterinary services market consists of sales of veterinary services and related goods by entities (organizations, sole traders and partnerships) that provide veterinary services to pets, farm animals and animals kept in zoos and wildlife parks. This industry includes animal hospitals and veterinary clinics that provide consultation services, treatment, curative medicines to animals. The veterinary services market is segmented into animal hospitals and veterinary clinics and veterinary laboratory testing services. Only goods and services traded between entities or sold to end consumers are included.
The Veterinary Services Market is sub-segmented into –
- 1.1 Animal Hospitals And Veterinary Clinics
- 1.2 Veterinary Laboratory Testing Services
- 2. Veterinary Medical Equipment
The veterinary medical equipment market consists of sales of veterinary medical equipment and related services by entities (organizations, sole traders and partnerships) that produce veterinary medical equipment used in diagnosis, monitoring and treatment of medical conditions in animals. This industry includes establishments that produce veterinary surgical equipment such as endoscopic systems, dental equipment, veterinary telemetry services and others. The veterinary medical equipment market is segmented into veterinary diagnostic equipment; veterinary anesthesia equipment; veterinary patient monitoring equipment and other veterinary medical equipment. Only goods and services traded between entities or sold to end consumers are included.
The Veterinary Medical Equipment Market is sub-segmented into –
- 2.1 Veterinary Diagnostic Equipment
- 2.2 Veterinary Anesthesia Equipment
- 2.3 Veterinary Patient Monitoring Equipment
- 2.4 Other Veterinary Medical Equipment
- 2.5 Veterinary Imaging Equipment
- 2.6 Veterinary Disposables
- 3. Animal Medicine
The animal medicine market consists of sales of veterinary medicines and related services by entities (organizations, sole traders and partnerships) that manufacture veterinary medicines used to treat animal diseases and/or to improve animals’ performance and health. The animal medicine industry includes establishments that manufacture veterinary pharmaceuticals such as veterinary vaccines, veterinary antibiotics, and other veterinary pharmaceuticals, and establishments that manufacture medical feed additives and nutritional feed additives. The animal medicine market is segmented into veterinary pharmaceuticals and feed additives. Only goods and services traded between entities or sold to end consumers are included.
The Animal Medicine Market is sub-segmented into –
- 3.1 Veterinary Pharmaceuticals
- 3.2 Feed Additives
- 4. Livestock Healthcare
The Livestock Healthcare Market is sub-segmented into –
- 5. Pet Healthcare
The Pet Healthcare Market is sub-segmented into –
How Can We Help?
The Business Research Company`s Veterinary Healthcare Market Research Practice provides marketing, planning and strategy departments with a wider range of market, business, customer and competitor intelligence services across different segments of the veterinary healthcare industry. The veterinary healthcare market research services and solutions The Business Research Company provides are as follows —
- Veterinary Healthcare Market Sizing, Forecast and Trend Analysis
- Veterinary Healthcare Market Competitor Analysis
- Veterinary Healthcare Market Supply Chain Analysis
- Veterinary Healthcare Market Customer Research
- Veterinary Healthcare Market Partner or Distribution Research
- Veterinary Healthcare Market Entry Strategy Research Study
- Veterinary Healthcare Industry Analysis and Profiling
- Veterinary Healthcare Market Regulations