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Veterinary Services in Ireland - Market Size, Industry Analysis, Trends and Forecasts (2025-2029)

Yusuf Allinson Yusuf Allinson London, United Kingdom Last Updated: May 2025 SIC IE-M75

Revenue

€34.9bn

2025

€34.9bn

Past 5-Year Growth

Profit

€X.Xbn

Employees

462k

Businesses

114k

Wages

€X.Xbn

Veterinary Services in Ireland industry analysis

The Veterinary Services industry’s revenue is anticipated to expand at a compound annual rate of 1.3% to €34.9 billion over the five years through 2025. Revenue expansion has been driven by a surge in pet ownership since the COVID-19 outbreak, growing awareness of animal health and the growing availability of advanced surgical and diagnostic procedures for animals. Individuals spent prolonged periods at home during lockdowns, driving many to buy pets. In turn, demand for veterinary services for insurance and health checks climbed.

Trends and Insights

  • Climbing pet ownership drives growth. Increasing levels of pet ownership have bolstered demand for veterinary services. The ageing and expanding population will likely contribute significantly to the rise in pet ownership.
  • Telemedicine services for pet care have become increasingly common. They allow vets to determine an animal's state of health without having to assess them in person, which is more time-consuming.
  • Price and quality of service rule supreme over the industry. Consumers typically select veterinary services based on quality of service and price, with little loyalty present in the industry.
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Top Questions Answered in this Report

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What is the market size of the Veterinary Services industry in Ireland in 2025?

The market size of the Veterinary Services industry in Ireland is €34.9bn in 2025.

How many businesses are there in the Veterinary Services industry in Ireland in 2025?

There are 114k businesses in the Veterinary Services industry in Ireland, which has grown at a CAGR of 2.7 % between 2020 and 2025.

Has the Veterinary Services industry in Ireland grown or declined over the past 5 years?

The market size of the Veterinary Services industry in Ireland has been growing at a CAGR of 3.2 % between 2020 and 2025.

What is the forecast growth of the Veterinary Services industry in Ireland over the next 5 years?

Over the next five years, the Veterinary Services industry in Ireland is expected to grow.

What does the Veterinary Services industry in Ireland include?

Veterinary care for animals and Emergency veterinary services are part of the Veterinary Services industry in Ireland.

How competitive is the Veterinary Services industry in Ireland?

The level of competition is low and steady in the Veterinary Services industry in Ireland.

Everything you need in one report

  • Reliable market estimates from 2015-2030
  • Competitive analysis, industry segmentation, financial benchmarks
  • Powerful SWOT, Porter’s Five Forces and risk management frameworks
  • Online membership platform with PDF, Word, Excel and PPT exports

Table of Contents

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Veterinary surgeons must register before setting up shop. Veterinary surgeons must ensure they have licences and accreditations before performing surgery on animals.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Veterinary Services in Ireland industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Rising pet ownership benefits profitability. An increase in dog and cat ownership and elevated pet-related spending has meant profit has remained healthy.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Veterinary Services in Ireland industry?


Key Ratios

Data tables
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)
  • Revenue per Employee (2015-2030)
  • Wages/Revenue (2015-2030)
  • Employees per Establishment (2015-2030)
  • Average Wage (2015-2030)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and bottom five countries listed for each:

  • Revenue Growth (2025)
  • Business Growth (2025)
  • Job Growth (2025)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2025)
  • Imports/Demand (2025)
  • Exports/Revenue (2025)
  • Revenue per Employee (2025)
  • Wages/Revenue (2025)
  • Employees per Establishment (2025)
  • Average Wage (2025)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

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