- SNS Insider forecasts the global veterinary services market will grow at a compound annual rate of 7.57% through 2035.
- The U.S. market is projected to reach $104.84 billion, while Europe is expected to grow to $67.58 billion.
- North America held the largest regional share in 2025, while Asia-Pacific is forecast to grow the fastest.
- Companion animal care and medical services remain the market’s largest segments.
- Companies covered in the report include Zoetis, IDEXX Laboratories, Mars, Banfield Pet Hospital, VCA Animal Hospitals, Covetrus, Elanco Animal Health and Boehringer Ingelheim Animal Health.
The global veterinary services market is expected to grow from $119.22 billion in 2025 to $247.32 billion by 2035, according to a newly released market analysis from SNS Insider.
The forecast represents a compound annual growth rate of 7.57% between 2026 and 2035. The research firm attributes the projected expansion to growing companion animal healthcare spending, increased pet insurance adoption, broader access to veterinary diagnostics and continued development of technology-enabled care.
Demand for livestock health services, vaccination programs, zoonotic disease management and food safety measures is also expected to support global market growth.
Companion animal care leads the market
Companion animals represented the largest animal-type segment in 2025, supported by rising pet ownership and increased spending on preventive care, diagnostics and advanced treatment.
Medical services accounted for 72% of market revenue in 2025.
Clinics remain dominant as mobile care grows
Veterinary hospitals and clinics accounted for approximately 48.6% of the market in 2025, while the ambulatory and mobile veterinary segment is projected to grow at a CAGR of 8.9%.
The report also identifies portable diagnostic equipment, AI-assisted imaging and veterinary telemedicine as technologies likely to shape future service delivery.
U.S. market projected to surpass $100 billion
North America represented 38.7% of the global veterinary services market in 2025. The U.S. market is projected to grow from $52.80 billion in 2025 to $104.84 billion by 2035, while Europe is forecast to reach $67.58 billion. Asia-Pacific is expected to record the fastest regional growth.
Companies included in the analysis
The report examines companies including Zoetis, Royal Canin, Virbac, Mars, Incorporated, Nestlé Purina PetCare, Boehringer Ingelheim Animal Health, Elanco Animal Health, Ceva Santé Animale, Merck Animal Health, Vetoquinol, IDEXX Laboratories, Covetrus, Patterson Veterinary, National Veterinary Associates, Banfield Pet Hospital, VCA Animal Hospitals, MedVet, BluePearl Specialty and Emergency Pet Hospital, PetVet Care Centers and Mission Veterinary Partners.
Report access
Sample report: https://www.snsinsider.com/sample-request/6196
Full report: https://www.snsinsider.com/reports/veterinary-services-market-6196
Purchase report: https://www.snsinsider.com/checkout/6196
Information sourced from an SNS Insider market report. The full report is available for purchase from SNS Insider.
