Animal Hospitals and Veterinary Clinics Market Report 2026

The animal hospitals and veterinary clinics market size has grown strongly in recent years. It will grow from $140.04 billion in 2025 to $149.93 billion in 2026 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increasing companion animal population, rising awareness of animal healthcare, expansion of veterinary clinics and hospitals, advancements in diagnostic technologies, growing trend of pet insurance and wellness programs.

The animal hospitals and veterinary clinics market size is expected to see strong growth in the next few years. It will grow to $198.91 billion in 2030 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to rising demand for advanced veterinary services, adoption of telemedicine and remote monitoring, integration of minimally invasive surgical techniques, expansion of specialty care in veterinary hospitals, increasing focus on preventive healthcare and nutritional counseling. Major trends in the forecast period include growing adoption of preventive and routine check-ups, expansion of emergency and critical care services, increasing use of diagnostic imaging and lab testing, rising focus on rehabilitation, physiotherapy, and pain management, growth in companion animal surgery and neutering services.

The increasing demand for pet insurance is expected to drive the growth of the animal hospitals and veterinary clinics market in the coming years. Pet insurance is a policy that reimburses a portion of veterinary expenses, serving as a financial safeguard against unexpected medical costs such as accidents or illnesses. Demand for pet insurance is rising due to escalating veterinary care expenses, as pet owners seek financial protection from costly treatments and unforeseen health conditions. The animal hospitals and veterinary clinics market supports this rising demand, as greater utilization of professional veterinary services and advanced medical treatments encourages pet owners to obtain insurance coverage to better manage healthcare costs. For example, in April 2025, according to the North American Pet Health Insurance Association (NAPHIA), a US-based trade association for the pet insurance industry, total US pet insurance premiums reached approximately $4.74 billion in 2024, representing about a 21.4% year-over-year increase. Therefore, the growing demand for pet insurance is contributing to the expansion of the animal hospitals and veterinary clinics market.

Leading players operating in the veterinary practice management and staffing solutions market are concentrating on developing innovative offerings, such as AI-driven subscription-based relief management platforms, to streamline staffing processes, reduce administrative workload, and enhance operational efficiency for clinics and hospitals. An AI-driven relief management platform is a digital subscription solution that leverages artificial intelligence and automation to centralize scheduling, booking, invoicing, and staffing analytics for veterinary relief professionals. For instance, in December 2025, Serenity Vet Inc., a US-based provider of veterinary relief management technology and staffing solutions, introduced a new subscription service that enables veterinary clinics and hospitals to manage their existing networks of relief veterinarians in real time. The platform includes features such as automated scheduling, payment processing, AI-powered shift-fill prediction tools, profitability planning dashboards, and market-based rate insights, all within a single centralized system. This service allows practices to replace fragmented tools and manual coordination with streamlined automated operations, maintain control over compensation and network composition, and efficiently scale staffing management across single- or multi-location practices through predictable subscription pricing. This development reflects a broader industry shift toward AI-enabled digital solutions that address veterinary workforce challenges and optimize practice operations.

In August 2025, Terravet Real Estate Solutions, a US-based real estate investment and property management firm, acquired Dogwood Veterinary Specialty & Emergency for $3.33 million. Through this acquisition, Terravet aimed to expand its strategic presence in the southeastern US veterinary real estate market and support continued growth in essential 24/7 specialty emergency care services by partnering with Innovetive. Dogwood Veterinary Specialty & Emergency is a US-based veterinary specialty and emergency hospital operating a 12,726-square-foot facility that provides round-the-clock emergency veterinary care along with comprehensive pet healthcare services.

Major companies operating in the animal hospitals and veterinary clinics market are Mars Inc., National Veterinary Associates Inc., CVS Group Plc, Apiam Animal Health Limited, Medivet Group Limited, Pets at Home Group Plc, MSPCA-Angell, Greencross Vets Limited, Zabeel Veterinary Hospital, International Center for Veterinary Services, Paw Veterinary Clinic, Chengdu Vet Hospital, Canberra Veterinary Hospital, Shengpu Pet Hospital, Blacks Vets Dudley Hospital, Clinique Veterinaire Metivet, Alizee Vet Clinic, Abbey House Veterinary Hospital, The Animal Medical Center, Premier Veterinary Group plc, Movet, ANIMED Veterinary Clinic, Vetwest Animal Hospitals, Veterinary Vinohrady Brno, Centre Vétérinaire Laval, P3 Veterinary Partners, Audrain Veterinary Clinic Fuzzy, Peru Animal Hospital, Miami County Veterinary Clinic, Kokomo Animal Hospital, Bryanston Veterinary Hospital (BVH), Kampala Animal Hospital.

North America was the largest region in the animal hospitals and veterinary clinics market in 2025. Asia-Pacific was the second-largest region in the global animal hospitals and veterinary clinics market. The regions covered in the animal hospitals and veterinary clinics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the animal hospitals and veterinary clinics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs have impacted the animal hospitals and veterinary clinics market by increasing the cost of imported diagnostic equipment, surgical tools, and medicines, affecting consultation, surgery, and medicine segments in regions such as North America, Europe, and Asia-Pacific. Companion animal services are most affected. While tariffs increase operational expenses, they also encourage domestic sourcing of veterinary tools and medicines, promoting local innovation and self-reliance.

The animal hospitals and veterinary clinics market research report is one of a series of new reports that provides animal hospitals and veterinary clinics market statistics, including animal hospitals and veterinary clinics industry global market size, regional shares, competitors with a animal hospitals and veterinary clinics market share, detailed animal hospitals and veterinary clinics market segments, market trends and opportunities, and any further data you may need to thrive in the animal hospitals and veterinary clinics industry. This animal hospitals and veterinary clinics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Animal hospitals and veterinary clinics are establishments where veterinary surgery is practiced, with the distinction that animals are not retained overnight in veterinary clinics, while veterinary hospitals provide treatment, nursing care, and other services where animals may be retained overnight.

The main types of services offered by animal hospitals and veterinary clinics include consultation, surgery, medicine, and other specialized services. Veterinary doctors perform surgeries to address medical issues that animals may be facing. These services cater to a range of animals, including farm animals and companion animals, which are utilized in various sectors such as animal care, animal rescue, and other end-user applications.

The animal hospitals and veterinary clinics market includes revenues earned by entities by providing diagnosis, treatment, and care to patients and offering preventive healthcare schedules to improve the health condition of pets and other animals. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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