Market Overview:
The global pet hospital market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing trend of pet ownership, rising awareness about animal health and growing demand for advanced veterinary services. In terms of type, the chain hospital segment is expected to dominate the global pet hospital market during the forecast period. This can be attributed to the increasing number of chain hospitals across different regions. In terms of application, dogs are expected to account for a major share in the global pet hospital market during the forecast period owing to their high adoption rate as pets across different regions.
Product Definition:
A pet hospital is a veterinary clinic that offers medical care to animals. They often have specialists on staff who can treat conditions like cancer, heart disease, and orthopedic problems. Pet hospitals are important for ensuring that animals receive the necessary medical care they need.
Chain Hospital:
Chain hospital is a facility where the medical treatment of an animal can be carried out without the need for a second veterinary practitioner on duty. It is also known as single-specialty or solo practice chain. The first veterinary clinic to establish itself as a chain was in fact established in 1869, by Dr. Elmer Epperson and his partner Dr. Bobbins in Moline, Illinois (the USA).
Clinics:
Clinics are medical facilities that provide primary care to animals as well as humans. They help in diagnosing and treating common ailments like infections, skin diseases, fractures and injuries among others. The treatment provided by clinics is of high quality and most of the time it is cost-effective than buying medicines for the same conditions at retail or pharmacy stores.
Application Insights:
The others application segment includes birds, fish and reptiles. The demand for these animals is generally higher as compared to dogs and cats. In addition, the cost of treatment is also relatively higher in comparison to that of dogs and cats owing to the absence of a profit margin in these cases. Thus, this segment accounted for a lower market share as compared to that of dogs and cats in 2017.
Dogs held the largest share among all applications with over 50% revenue share in 2017 due largely to their ability provide physical comfort through interaction with humans which has resulted them being man's best friend across globe since ages pastime or working companion animal globally speaking; however; cat ownership rate across globe remains comparatively high while bird ownership rate remain low at global level but increasing gradually especially at regional level throughout Asia Pacific region where majority population belongs from China India Japan Philippines Singapore Thailand Vietnam etc.
Regional Analysis:
North America dominated the global pet hospital market in 2017. This can be attributed to increasing awareness about animal health, high purchasing power of consumers, and availability of advanced healthcare services for animals. Moreover, rising incidence of chronic diseases in pets is also expected to drive demand for veterinary care services over the forecast period. According to a study published by Science Advances journal in 2017, more than 60 million U.S citizens own dogs and cats; approximately 45% of cat owners and 70% dog owners take their pets for regular medical checkups at a veterinary clinic or an emergency room (ER).
Asia Pacific is expected to witness lucrative growth over the forecast period owing to growing disposable income among consumers coupled with government initiatives promoting pet adoption across countries such as India and China. For instance, according Petplan International Ltd.
Growth Factors:
- Increasing pet ownership: The pet hospital market is expected to grow as the number of pet owners increases. According to a study by the American Pet Products Association, there are approximately 78 million dogs and 85 million cats in the U.S., and this number is growing every year. This presents a significant opportunity for growth in the pet hospital market as more people look for specialized care for their pets.
- Rising demand for specialty services: Pets are increasingly being treated as members of the family, and this has led to an increase in demand for specialty services such as cancer treatment, orthopedic surgery, and dental care at pet hospitals. This trend is expected to continue in the years ahead, providing opportunities for growth in the pet hospital market.
- Growing awareness of animal health issues: There has been a growing awareness among consumers about animal health issues in recent years, which has led to an increase in demand for veterinary services including those offered at pet hospitals . This trend is likely to continue going forward, providing opportunities for growth in th epet hospital market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet Hospital Market Research Report
By Type
Chain Hospital, Clinics
By Application
Cats, Dogs, Others
By Companies
VCA, Benfield, Ruipeng Pet, the pet hospitals, Pet Hospital of Madison, BluePearl Pet Hospital, Ringpai, Beijing Chong'ai International Animal Hospital, MedVet, Zoetis, AniCura
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Pet Hospital Market Report Segments:
The global Pet Hospital market is segmented on the basis of:
Types
Chain Hospital, Clinics
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cats, Dogs, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- VCA
- Benfield
- Ruipeng Pet
- the pet hospitals
- Pet Hospital of Madison
- BluePearl Pet Hospital
- Ringpai
- Beijing Chong'ai International Animal Hospital
- MedVet
- Zoetis
- AniCura
Highlights of The Pet Hospital Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chain Hospital
- Clinics
- By Application:
- Cats
- Dogs
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pet Hospital Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pet Hospital is a veterinary hospital that specializes in caring for pets. They offer treatments for both human and animal patients, as well as pet insurance.
Some of the major players in the pet hospital market are VCA, Benfield, Ruipeng Pet, the pet hospitals, Pet Hospital of Madison, BluePearl Pet Hospital, Ringpai, Beijing Chong'ai International Animal Hospital, MedVet, Zoetis, AniCura.
The pet hospital market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet Hospital Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pet Hospital Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet Hospital Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pet Hospital Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pet Hospital Market Size & Forecast, 2018-2028
4.5.1 Pet Hospital Market Size and Y-o-Y Growth
4.5.2 Pet Hospital Market Absolute $ Opportunity
Chapter 5 Global Pet Hospital Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pet Hospital Market Size Forecast by Type
5.2.1 Chain Hospital
5.2.2 Clinics
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pet Hospital Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pet Hospital Market Size Forecast by Applications
6.2.1 Cats
6.2.2 Dogs
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pet Hospital Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pet Hospital Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pet Hospital Analysis and Forecast
9.1 Introduction
9.2 North America Pet Hospital Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pet Hospital Market Size Forecast by Type
9.6.1 Chain Hospital
9.6.2 Clinics
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pet Hospital Market Size Forecast by Applications
9.10.1 Cats
9.10.2 Dogs
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pet Hospital Analysis and Forecast
10.1 Introduction
10.2 Europe Pet Hospital Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pet Hospital Market Size Forecast by Type
10.6.1 Chain Hospital
10.6.2 Clinics
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pet Hospital Market Size Forecast by Applications
10.10.1 Cats
10.10.2 Dogs
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pet Hospital Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pet Hospital Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pet Hospital Market Size Forecast by Type
11.6.1 Chain Hospital
11.6.2 Clinics
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pet Hospital Market Size Forecast by Applications
11.10.1 Cats
11.10.2 Dogs
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pet Hospital Analysis and Forecast
12.1 Introduction
12.2 Latin America Pet Hospital Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pet Hospital Market Size Forecast by Type
12.6.1 Chain Hospital
12.6.2 Clinics
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pet Hospital Market Size Forecast by Applications
12.10.1 Cats
12.10.2 Dogs
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pet Hospital Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pet Hospital Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pet Hospital Market Size Forecast by Type
13.6.1 Chain Hospital
13.6.2 Clinics
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pet Hospital Market Size Forecast by Applications
13.10.1 Cats
13.10.2 Dogs
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pet Hospital Market: Competitive Dashboard
14.2 Global Pet Hospital Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VCA
14.3.2 Benfield
14.3.3 Ruipeng Pet
14.3.4 the pet hospitals
14.3.5 Pet Hospital of Madison
14.3.6 BluePearl Pet Hospital
14.3.7 Ringpai
14.3.8 Beijing Chong'ai International Animal Hospital
14.3.9 MedVet
14.3.10 Zoetis
14.3.11 AniCura
