“Veterinary Services Market” report provides an in-depth research of market-based on various attributes such as company overview, financial overview, SWOT analysis, key business strategies, product portfolio, and recent developments. Veterinary Services Market is comprehensively prepared with main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It also analyzes the current and future prospect of Veterinary Services Market.
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Key Insights of Veterinary Services Market:
- Complete in-depth analysis of the Veterinary Services
- Important changes in market dynamics.
- Segmentation analysis of the market.
- Emerging segments and regional markets.
- Historical, on-going, and projected market analysis based on volume and esteem.
- Assessment of niche industry players.
- Market share analysis.
- Key strategies of major players
Veterinary Services Market Segmentation by Top Key Players:
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Scope of the Report:
Key Market Trends:
Companion Animal Segment by Animal Type is Expected to Hold the Largest Market Share
The companion animal segment in the veterinary services market is believed to have the largest market size, and the segment is expected to witness a CAGR of 6.79% during the forecast period.
In today’s era, small animal surgery is moving forward, taking advantage of the developments and achievements in human surgery. Cardiovascular operations, tracheal and urethral stenting, advances in surgical oncology, total hip replacement, developments in neurosurgery, and kidney transplantation in cats are among the new modalities. They can be used for small animal patients, in order to provide them advanced veterinary care and to improve their quality of life, as well as increase their life expectancy. The number of dogs and cats euthanized in US shelters, annually, has declined from approximately 2.6 million in 2011 to 1.5 million currently. This decline can be partially explained by an increase in the percentage of animals adopted and an increase in the number of stray animals successfully returned to their owners.
Increased adoption of companion animals as pets in developed regions and increasing awareness regarding pet health are expected to drive the veterinary services market during the forecast period.
North America Dominates the Market and is Expected to do the Same in the Forecast Period
North America currently dominates the veterinary services market and is expected to continue its stronghold for a few more years. The United States is expected to retain its significant market share, owing to factors, such as rising pet adoption and increasing per capita animal healthcare expenditure. Besides, a rise in the prevalence of various animal diseases is identified as a significant driving factor for the market growth. Also, the rising awareness about animal health, favorable and advanced healthcare IT infrastructure, effective initiatives by the government, and rise in pet adoption are some of the other significant factors that are driving the growth of the North American veterinary services market.
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Veterinary Services Market Covers Following Points in TOC:
- Chapter 1: Veterinary Services Market Definition
- Chapter 2: Research Methodology of Veterinary Services Market
- Chapter 3: Veterinary Services Market Executive Summary
- Chapter 4: Veterinary Services Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
- Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
- Chapter 6: Veterinary Services Market Segmentation by Types, End-User, and Applications Forecast to 2024
- Chapter 7: Veterinary Services Market Segmentation by Geographical Regions
- Chapter 8: Competitive Landscape of Veterinary Services Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
- Chapter 9: Key Players for Veterinary Services Market
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