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 | Jul 2015

The cat's pyjamas: Industry revenue expands partly thanks to increasing pet ownership

IBISWorld’s Veterinary Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
CVS Group plc CVS Group plc market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The industry provides medical advice and treatment for pets and animals in farms. Vets also provide services to other organisations such as breeding institutions, zoos and firms in the racing industry. However, the provision of services to pets and farm animals generates the bulk of industry revenue.

The Veterinary Services industry recorded moderate growth during the past five years. The number of pets owned increased and expanded demand for industry services. The expansion of veterinary services available and the rising popularity of pet insurance contributed positively. However, household spending pressures restricted spending on veterinary services and curtailed growth... 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 pets. Activities are carried out by qualified veterinary surgeons in veterinary hospitals, on farms or in surgeries. The industry also includes animal ambulance activities. Animal boarding activities and artificial insemination are not included in the industry.

Industry Products
Veterinary care for petsVeterinary care for farm animalsVeterinary care for horses and the racing industry
Industry Activities
Health-care and control activities for farm animalsAnimal health-care and control activities for petsHealth-care and control activities for animals in the racing industryAnimal ambulance services

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