More animals needing care: Industry revenue is expected to rise in 2023 as livestock numbers rise
The Veterinary Services industry provides veterinary care to household and farm animals, undergoing significant change in recent years. The entry of large international players, namely IVC Evidensia and CVS group, in 2018 through the acquisition of a number of independent practices altered the industry's DNA. Shifting pet ownerships levels and labour challenges also exerted significant change in the industry.
This industry provides healthcare and control activities primarily for farm animals and pets. Activities are carried out by qualified veterinary surgeons in veterinary hospitals, on farms or in surgeries. The industry also includes animal ambulance activities. Animal boarding activities and artificial insemination 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.
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Methodology
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