Life Science
Emergency Veterinary Services in the US - Industry Market Research Report
Emergency Veterinary Services in the US - Industry Market Research Report
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Emergency Veterinary Services in the US - Industry Market Research Report
Emergency Veterinary Services in the US
Emergency veterinary services provide care to livestock, equines and domesticated animals. As pet insurance coverage has soared, animal care utilization has increased, raising demand for emergency veterinary services and boosting revenue growth. Strong wage growth in the years immediately preceding the pandemic boosted per capita disposable income. This enabled households to spend more on laboratory tests and other forms of treatment when they took their pets to their local clinic, raising demand for the industry's services. Individuals didn't go out much during the pandemic since stadiums, businesses, bars and other establishments were closed, so people became very lonely. Loneliness increased the number of pets, which increased spending on emergency veterinary visits and caused revenue to rise in 2020.
Companies in this industry provide emergency veterinary services to livestock, equines and domesticated animals.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.