According to Fortune Business Insights, the global veterinary care market size is on a steady growth trajectory, expected to increase from USD 41.07 billion in 2025 to USD 59.56 billion by 2032, reflecting a CAGR of 5.45% during the forecast period. In 2024, the market was valued at USD 39.37 billion, with North America leading at 37.82% market share due to its advanced pet care infrastructure, high pet health awareness, and rising rates of pet adoption. Veterinary care covers the diagnosis, prevention, and treatment of animal diseases, spanning both companion animals like dogs and cats and livestock such as pigs and horses. Services range from routine health checkups to specialized treatments, including orthopedic surgeries and spaying/neutering. Additionally, the sector plays a vital role in controlling zoonotic diseases—illnesses that can be transmitted from animals to humans—highlighting its significance in both animal and public health.

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Key Trends

  1. Increasing Focus on Animal Health Awareness

Animal health awareness campaigns by governments, NGOs, and veterinary clinics are bolstering market growth. Pet owners today are more educated on preventive healthcare, thanks to health camps, teleconsultation services, and online platforms. This growing awareness is particularly notable in emerging markets, where access to veterinary services is expanding rapidly.

Competitive Landscape

Leading companies are focusing on geographic expansion, innovation, and product development to strengthen their market presence. Key players include:

Market Dynamics