In 2023, Hungary led the number of high growth enterprises in veterinary services with 57, showing a significant 27.38% year-on-year increase. Portugal and Romania followed, with 40 and 20 enterprises, respectively, and moderate growth rates of 11.7% and 17.32%. The Czech Republic and Lithuania showed steady increases at rates of 9.86% and 5.74%. Other countries exhibited minimal or no growth, with Latvia, Italy, Iceland, and Slovakia maintaining low counts of high growth enterprises.
Future trends to watch include potential market expansion in emerging veterinary service markets in Eastern Europe and increased technology adoption driving enterprise growth. Improved frameworks and support for startups may amplify high growth enterprise numbers in these countries.
Top countries in Number of High Growth Enterprises in Veterinary Services by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 57 | 2023 | +11.76% | +27.38% | View data |
| 2 | 2 Portugal | 40 | 2023 | +8.11% | +11.7% | View data |
| 3 | 3 Romania | 20 | 2023 | +11.11% | +17.32% | View data |
| 4 | 4 Czech Republic | 16 | 2023 | +6.67% | +9.86% | View data |
| 5 | 5 Lithuania | 10 | 2023 | +11.11% | +5.74% | View data |
| 6 | 6 Norway | 5 | 2023 | +25% | +10.76% | View data |
| 7 | 7 Latvia | 3 | 2023 | 0% | 0% | View data |
| 8 | 8 Italy | 3 | 2023 | +50% | View data | |
| 9 | 9 Iceland | 3 | 2023 | 0% | +8.45% | View data |
| 10 | 10 Slovakia | 1 | 2023 | 0% | 0% | View data |
