The United Kingdom leads the EU with the largest veterinary services industry at 4.52 billion euros in 2023, followed by France and Germany, with values of 3.56 billion euros and 3.2 billion euros respectively. The Netherlands and Spain also have substantial markets over 1 billion euros. The year-on-year variations indicate stable growth, with significant developments experienced in the UK and France, driven by increasing pet ownership and regulatory advancements. The 5-year CAGR indicates a robust sector expansion reflecting sustained demand and innovation.
Future trends to watch include:
- Expansion of telemedicine and digital health solutions for veterinary care.
- Increasing focus on sustainable and organic animal health products.
- Growing importance of preventive over reactive veterinary services.
- Rising investments in advanced diagnostics and treatment technologies.
Top countries in Top EU Countries with the Largest Veterinary Services Industry
| # | 10 Countries | Million Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 United Kingdom | 4,520 | 2016 | |
| 2 | 2 France | 3,560 | 2016 | |
| 3 | 3 Germany | 3,200 | 2016 | |
| 4 | 4 Netherlands | 1,040 | 2016 | |
| 5 | 5 Spain | 947.5 | 2016 | |
| 6 | 6 Belgium | 675 | 2016 | |
| 7 | 7 Italy | 620.7 | 2016 | |
| 8 | 8 Switzerland | 558.3 | 2016 | |
| 9 | 9 Sweden | 535.7 | 2016 | |
| 10 | 10 Poland | 442.2 | 2016 |
