Market Size –
The veterinary rehabilitation services market size has grown rapidly in recent years. It will grow from $0.77 billion in 2023 to $0.85 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The growth in the historic period can be attributed to the growing demand for veterinary rehabilitation services, rising prevalence of musculoskeletal disorders, growing awareness of physical rehabilitation, and increasing number of veterinary rehabilitation centers.
The veterinary rehabilitation services market size is expected to see rapid growth in the next few years. It will grow to $1.31 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to the rising trend of pet humanization, increasing focus on animal welfare, growing awareness of rehabilitation, increasing risks of musculoskeletal and orthopedic disorders, and rapid urbanization. Major trends in the forecast period include advancements in medical technologies, adoption of non-invasive and drug-free treatment, technology encapsulating pharmaceutical microparticles, collaborations and partnerships, and comprehensive rehabilitation services.
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Scope Of Veterinary Rehabilitation Services Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Veterinary Rehabilitation Services Market Overview
Market Drivers –
The rising pet ownership is expected to propel the growth of the veterinary rehabilitation services market going forward. Pet ownership refers to the act of keeping and caring for a domestic animal or pet. It encompasses various responsibilities and activities associated with the animal’s well-being, health, and maintenance. The rising pet ownership is due to changing societal attitudes towards pets as family members, increased awareness of the benefits of pet companionship for mental and physical health, and the availability of a wider variety of pet-friendly housing and services. Veterinary rehabilitation services are an integral part of modern pet care, utilized by pet owners to ensure their pets lead healthy, active, and happy lives. For instance, in June 2021, the US-based American Pet Products Association (APPA), during 2021–2022, the percentage of U.S. households owning pets climbed to an expected 70% from 67% in the previous year. Moreover, 86.9 million families, or 66% of American households, had pets in 2023–2024. Therefore, rising pet ownership is expected to propel the growth of the veterinary rehabilitation services market.
Market Trends –
Major companies operating in the veterinary rehabilitation services market focus on developing innovative solutions, such as comprehensive training and rehabilitation services, to provide extensive training and tools for clinics to offer rehabilitation services. Comprehensive training and rehabilitation services refer to various modalities and techniques veterinary clinics use to help animals recover from injuries, illnesses, or surgeries. For instance, in July 2022, Vetoquinol SA, a France-based pharmaceutical company, launched a new program called the Vetoquinol Rehabilitation Business Solution (VeRBS) to help veterinary clinics offer pet rehabilitation services. The VeRBS program is a comprehensive solution that includes a two-day, on-site training course for up to 10 clinic staff members, covering lectures, hands-on labs, and business planning services. The VeRBS program aims to help clinics enhance their services and enable patients to regain strength, mobility, and comfort, ultimately improving their quality of life by providing a nearly turnkey solution for staff training and equipment selection.
The veterinary rehabilitation services market covered in this report is segmented –
1) By Type: Manual Therapy, Hydrotherapy, Hot And Cold Therapies, Electro Therapies, Other Types
2) By Indication: Post-Surgery, Traumatic Injuries, Acute And Chronic Diseases, Developmental Abnormality, Other Indications
3) By End-User: Veterinary Rehab Centers And Hospitals, Rescue And Shelter Homes, Rehab Sanctuary, Other End-Users
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Regional Insights –
North America was the largest region in the veterinary rehabilitation services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary rehabilitation services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the veterinary rehabilitation services market are Gulf Coast Veterinary Specialists, Veterinary Medical & Surgical Group, Veterinary Medical Center of Long Island, Canine Rehabilitation & Conditioning Group, VetStem Inc., Therapaw, Animal Acupuncture and Rehabilitation Center, Animal Rehab Center of Michigan, California Animal Rehabilitation (CARE) Center, Canine Wellness & Rehab Centre, Four Leg Rehab Inc., Happy Tails Pet Therapy, Armory Animal Hospital & Healing Paws Veterinary Rehabilitation Center, Holistic Veterinary Center PLC, Mid-Atlantic Animal Specialty Hospital, Natural Healing Veterinary Care, North Coast Veterinary Specialists, OrthoPets, The Canine Fitness Centre Ltd., Animal Health & Rehab Center, REHABVET CLINIC, DogLeggs, Fit Paws USA
Table of Contents
1. Executive Summary
2. Veterinary Rehabilitation Services Market Report Structure
3. Veterinary Rehabilitation Services Market Trends And Strategies
4. Veterinary Rehabilitation Services Market – Macro Economic Scenario
5. Veterinary Rehabilitation Services Market Size And Growth
…..
27. Veterinary Rehabilitation Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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