Between 2013 and 2023, the employment in Veterinary Services in the UK fluctuated significantly, starting at 53.79 thousand employees in 2013 and reaching 71.45 thousand in 2023. This represents a year-on-year increase in employment of 1.84% for 2023. The CAGR from 2018 to 2023 was 2.27%, indicating a steady upward trend. Despite periodic declines, such as in 2014 and 2018, the overall long-term trend has been one of growth, highlighted by substantial increases in certain years, notably 2017 and 2015.
Looking ahead to 2028, forecasts predict the number of employed personnel in Veterinary Services will continue to rise, reaching approximately 77.53 thousand. The forecasted CAGR over the next five years is 1.29%, suggesting continued, albeit slower, growth compared to the previous five-year period.
Future trends to watch for include the impact of technological advancements in veterinary care, potential changes in pet ownership demographics and spending, and evolving regulatory requirements. The overall industry expansion may also be shaped by economic conditions and public awareness around pet health and welfare.
