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Global Veterinary Healthcare Market to reach USD 78236.4 Million by 2028.

Global Veterinary Healthcare Market Size study, By Product (Therapeutics, Diagnostics), By Animal Type (Dogs and Cats, Poultry, Horses, Ruminats, Swine, Other Animals), and Regional Forecasts 2022-2028

Product Code: HLSHS-64783500
Publish Date: 10-05-2022
Page: 200

Global Veterinary Healthcare Market is valued approximately USD 49119.8 Million in 2021 and is anticipated to grow with a healthy growth rate of more than 7.31% over the forecast period 2022-2028.

Veterinary Healthcare offers treatment for both small and large animals with experienced and professional vet services. The major factors driving the growth for the market are increasing prevalence of zoonotic diseases. For instance, according to the World Health Organization (WHO), there are currently over 200 prevailing zoonosis diseases around the world, including new and existing diseases, as of 2020. According to a UN Food and Agriculture Organization report, the majority of human diseases are spread by animals. Along with this, increasing initiatives by governments and animal welfare associations globally. For instance, in February 2019, the Food and Agriculture Organization of the United Nations (FAO), in collaboration with the Ministry of Fisheries and Livestock, launched a cattle vaccination campaign in the Democratic Republic of the Congo’s provinces of Kwango and Kwilu. Furthermore, the market is creating lucrative opportunity as demand for online veterinary pharmacies in the developed regions is arising. However, high cost of diagnostic imaging equipment and Veterinary Services is limiting the market growth for Global Veterinary Healthcare Market over the forecasted period.

The key regions considered for the global Veterinary Healthcare market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of pets in the region. Along with this, high prevalence of zoonosis diseases in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing prevalence of rabies and growing awareness for animal born diseases would create lucrative growth prospects for the Veterinary Healthcare market across the Asia-Pacific region.

Major market players included in this report are:
BioChek BV.
bioMerieux SA.
Boehringer Ingelheim International GmbH
Ceva Animal Health LLC
Elanco Animal Health.
Heska Corporation.
Idexx Laboratories
Innovative Diagnostics (IDVet).
INDICAL Bioscience GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed inProductation about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
By Animal Type
Dogs and Cats
Other Animals
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Veterinary Healthcare Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028(USD Million)
1.2.1. Veterinary Healthcare Market, by Region, 2020-2028(USD Million)
1.2.2. Veterinary Healthcare Market, by Product, 2020-2028(USD Million)
1.2.3. Veterinary Healthcare Market, by Animal Type, 2020-2028(USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Veterinary Healthcare Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Veterinary Healthcare Market Dynamics
3.1. Veterinary Healthcare Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Increasing pet ownership Increasing Initiatives by Governments and Animal Welfare Associations Globally Increasing prevalence of zoonotic diseases
3.1.2. Market Challenges High cost of diagnostic imaging equipment and Veterinary Services
3.1.3. Market Opportunities Growing demand for online veterinary pharmacies in the developed regions Advanced Technologies Leading to Innovations in Animal Healthcare
Chapter 4. Global Veterinary Healthcare Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Analyst Recommendation & Conclusion
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Expert perspective
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Veterinary Healthcare Market, by Product
6.1. Market Snapshot
6.2. Global Veterinary Healthcare Market by Product, Performance – Potential Analysis
6.3. Global Veterinary Healthcare Market Estimates & Forecasts by Product 2019-2028 (USD Million)
6.4. Veterinary Healthcare Market, Sub Segment Analysis
6.4.1. Therapeutics
6.4.2. Diagnostics
Chapter 7. Global Veterinary Healthcare Market, by Animal Type
7.1. Market Snapshot
7.2. Global Veterinary Healthcare Market by Animal Type, Performance – Potential Analysis
7.3. Global Veterinary Healthcare Market Estimates & Forecasts by Animal Type 2019-2028 (USD Million)
7.4. Veterinary Healthcare Market, Sub Segment Analysis
7.4.1. Dogs and Cats
7.4.2. Poultry
7.4.3. Horses
7.4.4. Ruminats
7.4.5. Swine
7.4.6. Other Animals
Chapter 8. Global Veterinary Healthcare Market, Regional Analysis
8.1. Veterinary Healthcare Market, Regional Market Snapshot
8.2. North America Veterinary Healthcare Market
8.2.1. U.S. Veterinary Healthcare Market Product breakdown estimates & forecasts, 2019-2028 Animal Type breakdown estimates & forecasts, 2019-2028
8.2.2. Canada Veterinary Healthcare Market
8.3. Europe Veterinary Healthcare Market Snapshot
8.3.1. U.K. Veterinary Healthcare Market
8.3.2. Germany Veterinary Healthcare Market
8.3.3. France Veterinary Healthcare Market
8.3.4. Spain Veterinary Healthcare Market
8.3.5. Italy Veterinary Healthcare Market
8.3.6. Rest of Europe Veterinary Healthcare Market
8.4. Asia-Pacific Veterinary Healthcare Market Snapshot
8.4.1. China Veterinary Healthcare Market
8.4.2. India Veterinary Healthcare Market
8.4.3. Japan Veterinary Healthcare Market
8.4.4. Australia Veterinary Healthcare Market
8.4.5. South Korea Veterinary Healthcare Market
8.4.6. Rest of Asia Pacific Veterinary Healthcare Market
8.5. Latin America Veterinary Healthcare Market Snapshot
8.5.1. Brazil Veterinary Healthcare Market
8.5.2. Mexico Veterinary Healthcare Market
8.6. Rest of The World Veterinary Healthcare Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Norbrook Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. BioChek BV.
9.2.3. bioMerieux SA.
9.2.4. Boehringer Ingelheim International GmbH
9.2.5. Ceva Animal Health LLC
9.2.6. Elanco Animal Health.
9.2.7. Heska Corporation.
9.2.8. Idexx Laboratories
9.2.9. Innovative Diagnostics (IDVet).
9.2.10. INDICAL Bioscience GmbH
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

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