Veterinary Services in Texas - Industry Market Research Report

Cat's Meow: Industry Operators Have Benefited from Rising Pet Ownership Rates

Veterinary Services in Texas

The Veterinary Services industry in Texas has thrived over the five years to 2017. Along with the necessary nature of veterinary care, industry operators have benefited from rising pet ownership rates, improving economic conditions in the state and ongoing technological advancements. The Lone Star State is ranked among the top 10 dog-owning states in the nation, with about 44.0% of households in Texas owning a dog, according to the American Veterinary Medical Association. In addition to being the largest cattle-producing state in the nation, Texas produces more horses than any other state. These favorable trends have boosted demand for veterinary services for both companion and food animals, while rising disposable income has improved pet owners' ability to afford veterinary services. The Veterinary Services industry in Texas is poised for robust growth over the five years to 2022.

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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.