PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1799076
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1799076
Global Veterinary Emergency Care Market to Reach US$25.6 Billion by 2030
The global market for Veterinary Emergency Care estimated at US$19.1 Billion in the year 2024, is expected to reach US$25.6 Billion by 2030, growing at a CAGR of 5.0% over the analysis period 2024-2030. Companion Animals, one of the segments analyzed in the report, is expected to record a 5.7% CAGR and reach US$18.2 Billion by the end of the analysis period. Growth in the Livestock Animals segment is estimated at 3.2% CAGR over the analysis period.
The U.S. Market is Estimated at US$5.2 Billion While China is Forecast to Grow at 9.1% CAGR
The Veterinary Emergency Care market in the U.S. is estimated at US$5.2 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$5.4 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.0% and 3.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.
Global Veterinary Emergency Care Market - Key Trends & Drivers Summarized
Why Is Veterinary Emergency Care an Expanding Field of Animal Healthcare?
Veterinary emergency care has become an increasingly important segment of the broader animal healthcare market. As pet ownership continues to rise worldwide, particularly in urban areas, the demand for emergency medical services for pets and livestock is increasing. Emergency veterinary care involves the immediate diagnosis and treatment of life-threatening conditions in animals, including trauma, poisoning, respiratory failure, and abdominal emergencies. With advancements in veterinary diagnostics, imaging, and anesthesia, veterinary clinics and hospitals are now able to offer more sophisticated care, expanding their capabilities beyond basic emergency procedures.
The rise in pet ownership, particularly in high-income households, has fueled the expansion of veterinary emergency care. Pet owners are becoming more proactive about their pets’ health, with increased spending on veterinary services, especially in the wake of the COVID-19 pandemic, which led to a surge in pet adoptions. Furthermore, as pets are increasingly seen as family members, the demand for high-quality emergency and critical care is also on the rise. This trend is further supported by the increasing availability of 24-hour emergency veterinary clinics and mobile emergency care units that provide services even in remote areas.
How Are Advancements in Diagnostic and Therapeutic Technologies Enhancing Emergency Care for Animals?
Technological advancements in veterinary diagnostics and treatment protocols are dramatically enhancing the scope and efficiency of emergency care for animals. Modern veterinary emergency care is supported by sophisticated diagnostic tools such as digital radiography, ultrasound, CT and MRI imaging, and blood gas analyzers. These technologies allow for quicker diagnosis, more accurate assessments, and faster initiation of treatment, which is essential in critical care scenarios where time is of the essence.
In addition to diagnostic innovations, advancements in therapeutic equipment, such as ventilators, infusion pumps, and advanced surgical tools, are enabling veterinary clinics to perform complex procedures that were once reserved for human medicine. One notable example is the development of robotic surgery and minimally invasive techniques, which reduce recovery times and improve surgical outcomes for animals. Furthermore, the integration of telemedicine into emergency care is enabling veterinary professionals to collaborate with specialists remotely, enhancing treatment efficacy for complex or rare conditions.
What Are the Primary Drivers of Demand for Veterinary Emergency Care Services?
The rising trend in pet ownership, especially in younger generations, is one of the primary drivers of demand for veterinary emergency care services. As millennials and Gen Z are becoming the largest demographic of pet owners, they are increasingly inclined to seek the best possible care for their animals, particularly in emergencies. Additionally, pets are being increasingly treated as family members, prompting owners to make urgent care decisions and spend more on veterinary services, including emergency interventions. The growing prevalence of chronic conditions like diabetes, cancer, and heart disease in pets has also led to an increase in emergency care requirements, as these conditions often result in acute episodes needing immediate attention.
Another significant driver is the rise in veterinary insurance coverage, which is making emergency veterinary care more accessible and affordable. As more pet owners invest in insurance policies for their animals, they are more likely to seek emergency medical attention in cases of accidents, acute illnesses, or sudden changes in behavior. Additionally, the growth of veterinary care networks and mobile emergency units in underserved areas is contributing to increased access to high-quality emergency services across urban and rural settings. The need for swift, accurate, and reliable emergency services continues to fuel the growth of veterinary emergency care.
What Forces Are Powering Long-Term Growth in the Veterinary Emergency Care Market?
The growth in the veterinary emergency care market is driven by several factors, including an expanding pet population, increasing public awareness about the importance of emergency care, and continuous innovations in veterinary medical technology. With more households choosing to adopt pets, the overall demand for veterinary care is expanding, particularly in urban areas where 24-hour clinics and specialty centers are proliferating. Moreover, pet owners’ increasing willingness to spend on advanced medical treatments and emergency procedures, especially among younger generations, is boosting the market.
Veterinary insurance is another major driver, with companies offering more comprehensive coverage that includes emergency medical expenses. As pet owners are more financially empowered to cover these costs, the market for emergency veterinary care continues to expand. Additionally, the integration of mobile veterinary services and telemedicine is ensuring that emergency care is available in more locations, including remote and underserved areas. These combined factors are creating a long-term growth trajectory for the veterinary emergency care market, which is expected to expand as animal healthcare continues to evolve.
SCOPE OF STUDY:
The report analyzes the Veterinary Emergency Care market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Animal Type (Companion Animals, Livestock Animals); Application (Accidental Ingestion Application, Respiratory Distress Application, Gastrointestinal Disease Application, Seizures Application, Accidents Application, Other Applications)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Select Competitors (Total 36 Featured) -
AI INTEGRATIONS
We're transforming market and competitive intelligence with validated expert content and AI tools.
Instead of following the general norm of querying LLMs and Industry-specific SLMs, we built repositories of content curated from domain experts worldwide including video transcripts, blogs, search engines research, and massive amounts of enterprise, product/service, and market data.
TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.