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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
Revenue
£3bn
Annual Growth 09-14
0.4%
Annual Growth 14-19
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Profit
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Employment
44,479
Businesses
3,488
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 - Starting a New Business Chapter

Barriers to entry into the Veterinary Services industry are at a medium level and relate to start-up costs for setting up a practice, required professional qualifications and skill levels, and the establishment of reputation.

Start-up expenditure relates to surgery fit-out, basic veterinary instruments and equipment as well as specialised equipment including a digital x-ray unit, an endoscopy machine and an ultrasound machine. Farm animal and equine practices can be more expensive to establish and operate than a practice catering to small animals. This is due to the sheer size of equipment, facilities and quantities of drugs that are required to treat larger animals... 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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