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Emergency veterinary services provide time sensitive care to animals during critical conditions such as traumatic injuries, automobile accidents, choking, seizures, labor, heart stroke, and post-operative problems. These services are provided by veterinarians at veterinary hospitals, emergency clinics or at incident site.
Key Market Driver -
Increasing concern among people about animal health
Key Market Restraint -
lack of infrastructure for providing emergency veterinary services
According to American Society for the Prevention of Cruelty to Animals (ASPCA), an individual / pet owner in the U.S., spends an estimated US$ 235.0 on pet health, especially dogs, each year. Increasing concern for animal health among people is expected to fuel the demand of emergency veterinary services by the end of 2026. Increasing adoption of pet animals and rising demand for emergency veterinary services are significant factors anticipated to drive the global emergency veterinary services market growth during the forecast period. However, lack of infrastructure to provide emergency care and inability of pet owners to identify emergency indications are restraining the global veterinary services market growth.
The major companies in the global emergency veterinary services market include Ethos Veterinary Health, The Animal Medical Center, Pets at Home Group Plc, Veterinary Service, Inc., Southern California Veterinary Group., LifeLearn Inc., MH Sub I, LLC dba iMatrix. and others.
The global emergency veterinary services market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America followed by Europe are expected to dominate the global emergency veterinary services market by the 2019-2026.
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Asia Pacific holds huge potential for growth of the global emergency veterinary services market owing to rising ownership of pets & livestock animals, growing prevalence of disease outbreaks and increasing awareness campaigns being conducted by government authorities for veterinary health. Combined with this, growing demand for animal farming in emerging nations such as India and China is projected to increase the demand for emergency veterinary services during the forecast period. Latin America is expected to project a moderate CAGR during the forecast period.
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