Veterinary Hospital Market Global Report 2026

The veterinary hospital market size has grown strongly in recent years. It will grow from $59.18 billion in 2025 to $64 billion in 2026 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to rising pet ownership rates, limited access to advanced veterinary infrastructure, increasing incidence of zoonotic diseases, growing awareness of animal health and welfare, expansion of basic vaccination and clinical services.

The veterinary hospital market size is expected to see strong growth in the next few years. It will grow to $88.32 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to integration of advanced diagnostic technologies in animal care, rising demand for specialized veterinary emergency services, increasing investment in animal healthcare infrastructure, growing adoption of preventive and wellness-based care models, and expansion of insurance-supported veterinary treatment coverage. Major trends in the forecast period include expansion of tele-veterinary consultation and remote animal care services, rising adoption of preventive wellness and vaccination programs for companion animals, growing integration of advanced diagnostic imaging in veterinary hospitals, increasing demand for specialized emergency and critical care veterinary units, and expansion of pet insurance and structured veterinary financing solutions.

The increasing pet ownership is expected to drive the growth of the veterinary hospital market in the coming years. Pet ownership refers to the responsibility and care undertaken by an individual or household for keeping and maintaining a pet animal. The rise in pet ownership is driven by growing companionship needs, as pets provide emotional support and help reduce stress, encouraging more individuals and families to adopt and care for animals. Veterinary hospitals support pet ownership by delivering essential medical care, preventive services, and health guidance that help ensure pets live longer, healthier lives, making it easier for owners to responsibly care for them. For instance, in March 2025, according to the American Pet Products Association, a US-based national industry association, US pet-owning households increased from 82 million in 2023 to 94 million. Therefore, the increasing pet ownership is driving the growth of the veterinary hospital market.

Major companies operating in the veterinary hospital market are focusing on expanding integrated pet healthcare infrastructure, such as multi-service pet hospitals and experience centres, to improve clinical care quality, enhance pet wellness services, and strengthen customer engagement across urban markets. Integrated pet hospitals and experience centres refer to comprehensive veterinary facilities that combine medical treatment, diagnostics, grooming, retail, and pet care services under one roof, providing a holistic approach to animal healthcare and owner convenience. For instance, in July 2025, Zigly, an India-based tech-enabled omnichannel pet care brand, launched its first pet hospital and experience centre in Mumbai, expanding its presence in western India. Designed to support improved pet healthcare delivery and customer experience, the facility enables advanced veterinary services, preventive care, and lifestyle solutions for pets, strengthening access to comprehensive and high-quality animal care services.

In October 2023, Veterinary Practice Partners, a US-based company that co-owns and manages veterinary hospitals, partnered with National Veterinary Associates to expand its network. Through this partnership, Veterinary Practice Partners aims to grow its network of veterinary hospitals by enabling veterinarians to retain ownership while receiving operational, financial, and administrative support to improve clinical efficiency and care quality. National Veterinary Associates is a US-based pet care organization.

Major companies operating in the veterinary hospital market are Mars Veterinary Health, National Veterinary Associates (NVA), IVC Evidensia, Ethos Veterinary Health, CVS Group plc, VetPartners Limited, Medivet Group Limited, Community Veterinary Partners LLC, Alliance Animal Health LLC, Petfolk Inc., VetCare Canada Inc., P3 Veterinary Partners Inc., The Ralph Veterinary Referral Centre Limited, Southern Cross Veterinary Clinics Pty Ltd., Pennard Vets Limited, Orchard House Veterinary Centres Limited, Beaumont Sainsbury Animal Hospital, Delaware Valley Veterinary Hospital Inc., Inspire Veterinary Partners Inc., Apiam Animal Health Limited.

North America was the dominant region in the veterinary hospital market in 2025. Asia-Pacific is expected to be the rapidly expanding region in the forecast period. The regions covered in veterinary hospital report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the veterinary hospital market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The veterinary hospital market includes revenues earned by entities through rehabilitation and physiotherapy, nutritional counseling, parasite control, and telemedicine consultations. 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.

The veterinary hospital market research report is one of a series of new reports that provides veterinary hospital market statistics, including veterinary hospital industry global market size, regional shares, competitors with a veterinary hospital market share, detailed veterinary hospital market segments, market trends and opportunities, and any further data you may need to thrive in the veterinary hospital industry. This veterinary hospital 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.

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