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The global veterinary healthcare market is experiencing strong growth due to the increase in incidence or prevalence of zoonosis diseases across the globe and favorable initiatives by governments and animal welfare associations. Moreover, increase in focus on the veterinary healthcare and increase in adoption of pets during the pandemic is expected to boost the growth of the market.
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Veterinary Healthcare Market Market Size (2022) US$ 30,368.5 MN Market Size (2030) US$ 55,657.5 MN CAGR (2023–2030) 9.0%
Segmentation (Scope) By Animal Type: • Dogs and Cats, • Horses, • Ruminants, • Swine, • Poultry, and • Other • Therapeutics and • Diagnostics © Coherent Market Insights. All Rights Reserved
Major Drivers Increase in prevalence/incidence of zoonosis diseases Favorable initiatives by governments and animal welfare associations © Coherent Market Insights. All Rights Reserved
Veterinary Healthcare Market © Coherent Market Insights. All Rights Reserved
Major Players BoehringerIngelheim International GmbH Zoetis Inc. Elanco Animal Health Incorporated, Virbac SA Vetoquinol SA BioMérieux SA Phibro Animal Health CevaSantEAnimale Merck & Co. Inc. IDEXX Laboratories © Coherent Market Insights. All Rights Reserved