SEARCH   
MEMBER LOGIN    

Veterinary Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Veterinary Services Market Research Report | NAICS 54194 | May 2016

Cat's meow: Operators will be able to raise prices as they offer more specialized services

The Veterinary Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$37bn
Annual Growth 11-16
3.9%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
365,951
Businesses
48,573
Industry Analysis & Industry Trends

The Veterinary Services industry remained resilient over the past five years, largely because many pet owners have regarded their pet expenditures as vital, which has boosted revenue. In the coming years, thanks to an increasing amount of pet owners purchasing pet health insurance, more pet owners will be able to afford high-cost procedures, such as surgery. Furthermore, demand for veterinary services will increase in line with pets living longer... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Veterinary Services industry is highly fragmented with over 50,000 establishment facilities in 2016. The four largest players in this industry are estimated to account for less than 14.0% of industry revenue in 2016. Although many animal hospitals are single-site, sole-practitioner facilities, veterinarians are gravitating toward larger, multi-doctor animal hospitals that provide state-of-the-art facilities, treatments, methods and pharmaceuticals to enhance the services they can provide their clients. According to data from the AVMA, 38.1% of private practices were solo practices in 2009 (latest data available). Industry concentration has increased in recent years due to acquisition activity, particularly by industry players VCA Antech Inc. and Idexx Laboratories Inc... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Veterinary Services Industry?

The Veterinary Services industry includes establishments of licensed veterinary practitioners who provide medical, dental or surgical treatment for animals. The industry also includes establishments that provide laboratory and diagnostic testing services for licensed veterinary practitioners. Companies that manufacture medical supplies or pharmaceuticals for animal treatment are not included in the industry.

Industry Products
Pet grooming services Routine examinations Surgical treatmentsNonsurgical treatmentsLaboratory services Boarding services Merchandise sales
 
Industry Activities
Operating animal hospitalsAnimal disease testing Livestock inspecting and testing Providing small animal veterinary servicesOperating veterinary surgeons' offices Performing animal vaccinationsOperating veterinary clinicsOperating veterinary testing laboratories Providing livestock veterinary services


View Sample
Quote
Select Clients