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 Locations Chapter
Business activity in the Veterinary Services industry tends to be spread throughout the United Kingdom and roughly correlates with the national distribution of economic activity. It is further influenced by the geographic distribution of the UK population and the propensity for households to own an animal, as this affects demand for services provided to companion animals. Another influencing factor is the geographic distribution of livestock farming activities, which affects the location of demand for services provided to farm animals.
London accounts for 8.0% of the number of veterinary services entities in the United Kingdom despite the area's 12.6% share of UK population... purchase to read more