1. Market Research
  2. > Healthcare
  3. > Veterinary Healthcare Market Trends
Veterinary Care Market by Treatment Type, Animal Type And Region - Forecasts to 2025

Veterinary Care Market by Treatment Type, Animal Type And Region - Forecasts to 2025

  • September 2020
  • 76 pages
  • ID: 5974268
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

Veterinary care market is predicted to foresee exceptional growth in the coming years.
The veterinary care market has experienced considerable growth since the past few years.Market growth can be associated with the introduction of highly efficient veterinary diagnostic tools that enables early disease diagnosis.

The disease diagnosis rate in companion, as well as livestock, has drastically explicitly increased in South East Asian countries.Moreover, veterinary market growth can be traced via the animal health market that is also growing significantly.

For instance, Asia Pacific animal health market size is projected to reach ~ USD 23 billion by 2025 from around USD 17 billion in 2018, at a CAGR of 5.2% during the forecast period. The market growth is attributed to the rising animal diagnosis rate, improving economic conditions coupled with government initiatives. On similar lines, Latin America animal health market size is projected to reach ~ USD 9 billion by 2025 from around USD 5.2 billion in 2018, at a CAGR of 7.3% during the forecast period. The government of emerging countries such as Chile & Colombia funds certain livestock healthcare programs that ensure routine health check-ups in farm animals. In conclusion, an increase in animal health market growth has created a paradigm shift in the veterinary care market that has proved beneficial for industry growth.

By animal type, companion animals such as dogs and cats receive maximum preventive as well as long term veterinary care.
Based on animal type, the veterinary care market has been categorized into dogs, cats, pigs, horses, poultry, cattle.Positive animal health trends were observed in dogs in countries such as Denmark, Singapore, the Czech Republic, and Finland.

Similarly, animal medicalization rate in emerging countries has gradually started increasing. Several studies conducted to understand the pet ownership trends reveal that the majority of pet owners consider pets as their companions that have elevated the medicalization rate in animals.
• By treatment type, under veterinary care segment is forecasted to experience considerable growth.

Based on treatment type, the animal treatment market is segmented into no medicalization, basic medicalization, and under veterinary care.Percentage of animals receiving long term veterinary care is expected to increase throughout the forecast timeframe.

The rise in the number of animals receiving long term veterinary treatment can be associated with an increase in per capita income that subsequently leads to a rise in affordability rates. Due to a rise in the income level, owners can provide the necessary care to the animals.

Veterinary care is observed to be significantly high in Asia Pacific.

The animal medicalization rate in South East Asian countries has increased since 2018.The rise in the medicalization rate in emerging countries is due to the improving awareness level.

Awareness is promoted to educate the farm owners as well as the pet owners to enhance animal health.Anti-cruelty acts have been framed to reduce the harm that has been caused to stray animals.

Rescue centers have been developed to protect the stray dogs and cats in South East Asian countries that have surged market growth.

The breakdown of primary participants is mentioned below:
• By Company / Association Type: Tier 1–30%, Tier 2–45%, and Tier 3–25%
• By Designation: C-level–35%, Director Level–25%, and Others–40%
• By Region: Europe–40%, Asia Pacific–15%, Latin America- 25%, Africa- 20%

Research Coverage:
The animal treatment market report includes an in-depth analysis of the medicalization rate at the country level.Medicalization rate is a broad term that is categorized into animals that receive no medicalization, animals that receive basic medicalization, and animals that receive long term veterinary care.

Species such as dogs, cats, cattle, horses, pigs, and poultry were considered while analyzing the medicalization (treatment rate).

Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which would help them garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies for strengthening the market.

This report provides insights on the following pointers:
• Market Penetration: Animal treatment rates provided in this report will help the key players in veterinary space to understand market dynamics at the country level. This will help in understanding the demand-supply gap.
• Business analytics: It is a kind of advisory study that will help the key industry players to undertake business-related decisions such as estimating the target audience while launching new products.
• Regulatory assessment: The report covers regulatory scenarios in different countries that will enable the clients to analyze the level of entry barriers.
• Risk assessment & mitigation: Detailed insights on animal medicalization rate and regulatory scenario will reduce the probability of failures during new product launch/ geographical expansions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Animal Treatment Market by Animal Type & Treatment Type, Country - Forecast 2024

  • $ 4950
  • September 2020
  • 90 pages

North America & Europe animal healthcare market size was around USD 40 billion in 2018 and is predicted to be reach USD 50 billion by 2024. The rising diagnosis rate in companion animals, as well as livestock, ...

  • Europe
  • Canada
  • Veterinary Healthcare
  • Healthcare
  • Industry analysis
  • Cattle Production
  • Pig Production

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on