The employment in veterinary services in Denmark has shown significant growth from 2013 to 2023. In 2013, employment stood at 2.71 thousand employees and gradually increased to 4.91 thousand by 2023. Over this period, the sector experienced varying year-on-year growth rates, with notable spikes such as an 18.67% increase in 2016. The last five years have seen a compound annual growth rate (CAGR) of 4.92%, indicating consistent growth. However, the yearly increases have shown a slightly decreasing trend, culminating in a 3.21% rise in 2023.
Future trends indicate a slower growth rate, with a forecasted CAGR of 1.28% from 2024 to 2028. By 2028, the employment number is expected to reach 5.37 thousand, representing a 6.57% total growth from 2023. Factors to watch for in the future include the influence of technological advancements in veterinary practices, changes in pet ownership trends, and potential impacts of economic fluctuations on animal healthcare spending.
