Veterinary Services in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Veterinary Services Market Research Report | SIC M75.000 | Jan 2014

A good diagnosis: An increase in pet ownership is expected to fuel demand for the industry

IBISWorld’s Veterinary Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
CVS Group plc CVS Group plc market share
Industry Statistics & Market Size
Annual Growth 09-14
Annual Growth 14-19
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Industry Analysis & Industry Trends

The Veterinary Services industry provides medical advice and treatment for companion animals, such as cats, dogs, reptiles and birds, and veterinary care for production animals in farms, breeding institutions and zoos. As more than half of the industry's revenue stems from the provision of services to pets in private households, the level of pet ownership in the United Kingdom has a significant affect on the performance of the industry.

Veterinary service providers faced difficult conditions over the past five years as high unemployment and weak growth in real disposable income constrained spending on veterinary services. Meanwhile, challenging conditions in the agricultural industry also limited demand for veterinary services from these businesses... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Veterinary Services industry offers medical services for companion and production animals. The industry's target market is clearly segmented with private household consumers contributing the largest share of revenue by consuming consulting and medical care services for pets. As a result, the Veterinary Services industry is classified to be in the mature stage of the industry life cycle. Industry value-added, measuring the industry's contribution to the overall economy, is anticipated to grow at a compound annual rate of 1.7% during the 10 years through 2018-19 with the UK economy being forecast to grow at a compound annual rate of 1.3% over the same period. This indicates that the industry will grow roughly in line with the overall industry... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Veterinary Services Industry?

This industry provides health-care and control activities for farm animals and pet animals. Activities are carried out by qualified veterinary surgeons in veterinary hospitals, on farms or in surgeries. The industry also includes animal ambulance activities. Services not included in the industry are animal boarding activities and artificial insemination activities.

Industry Products
Veterinary care for petsVeterinary consulting for petsVeterinary care for cattleLaboratory servicesVeterinary care for horses
Industry Activities
Health-care and control activities for farm animalsAnimal health-care and control activities for petsClinical and other diagnostic activities pertaining to animalsAnimal ambulance services

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