Telemedicine Gains Traction Among Animal Hospitals And Veterinary Clinics Industry Trends

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Animal Hospitals And Veterinary Clinics Market Report – Opportunities And Strategies – Global Forecast To 2030

The Business Research Company’s Animal Hospitals And Veterinary Clinics Market Report – Opportunities And Strategies – Global Forecast To 2030

LONDON, GREATER LONDON, UK, April 28, 2021 /EINPresswire.com/ — Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports

The use of telemedicine platforms is gaining traction in the veterinary clinics and animal hospitals market during the COVID-19 crisis. Telemedicine refers to a practice of evaluating, diagnosing, and treating patients when the provider and patient are not physically present with each other. For instance, in April 2020, Elanco Animal Health Incorporated, an animal health care company, collaborated with VetNOW, a veterinary telemedicine company, to provide a telemedicine platform to veterinarians which allows them to maintain service to animals and owners including specialist consultations during the COVID-19 crisis, as the industry is challenged to find new ways to connect with its stakeholders. This also allows veterinarians to offer practice services to their clients while adhering to social distancing norms and industry practice recommendations.

The animal hospitals and veterinary clinics market consists of sales of veterinary services and related goods by animal hospitals and veterinary clinics. These entities (organizations, sole traders and partnerships) provide veterinary services to pets, farm animals and animals kept in zoos and wildlife parks. This industry includes animal hospitals and veterinary clinics that provide veterinary healthcare services such as consultation services, treatment, and curative medicines to animals. Healthcare is required in cases of disease or injury and for health maintenance and management of animals/livestock.

Major players in the global veterinary healthcare market are VCA Inc., Banfield Pet Hospital, Greencross Ltd., CVS Group Plc, Mars, Inc.

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The global animal hospitals and veterinary clinics market is expected to grow from $77.48 billion in 2020 to $89.38 billion in 2021 at a compound annual growth rate (CAGR) of 15.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The animal healthcare market size is expected to reach $110 billion in 2025 at a CAGR of 5.3%.

The animal hospitals and veterinary clinics services market is segmented by type into consultation, surgery, medicine, other (includes pet food), by animal type into farm animals, companion animals, and by end user into animal care, animal rescue, other.

Animal Hospitals and Veterinary Clinics Market – By Type Of Service (Consultation, Surgery, Medicine, Other (includes pet food)), By Type Of Animal (Farm Animals, Companion Animals), And By Region, Opportunities And Strategies – Global Forecast To 2023 is one of a series of new reports from The Business Research Company that provides animal hospitals and veterinary clinics market overview, forecast animal hospitals and veterinary clinics market size and growth for the whole market, animal hospitals and veterinary clinics market segments, and geographies, animal hospitals and veterinary clinics market trends, animal hospitals and veterinary clinics market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

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Here Is A List Of Similar Reports By The Business Research Company:

Veterinary Healthcare Market – By Type (Veterinary Services, Veterinary Medical Equipment And Animal Medicine), And By Region, Opportunities And Strategies – Global Forecast To 2023
https://www.thebusinessresearchcompany.com/report/veterinary-healthcare-market

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Veterinary Pharmaceuticals Market – By Animal Type (Livestock, Companion Animal), By Type Of Pharmaceutical (Veterinary Parasiticides, Veterinary Vaccines, Veterinary Antibiotics, Others), By Administration Route (Oral, Others), By End Use, And By Region, Opportunities And Strategies – Global Forecast To 2030
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