The production value of veterinary services in Finland stood at 329.7 million Euros in 2023. From 2014 to 2023, the industry has seen fluctuating yet overall positive growth, with notable peaks such as the 9.91% increase in 2020 and a slowdown in the growth rate to 0.13% in 2021. The average yearly growth (CAGR) over the last five years has been approximately 4.35%. Forecasts from 2024 to 2028 suggest a continuing positive trend, with an anticipated average annual growth rate (CAGR) of around 2.74%, culminating in a 14.47% total growth by 2028.
Future trends to watch include advances in veterinary technology, which could enhance service offerings and efficiency, and potential regulatory changes impacting the industry. Additionally, rising pet ownership and awareness regarding animal healthcare will likely drive further demand for veterinary services in Finland.
