US Veterinary Services Market Report 2017

US Veterinary Services Market Report 2017

  • February 2017 •
  • 82 pages •
  • Report ID: 4773253 •
  • Format: PDF
The Unites States of America (USA) is the fourth largest in terms of area and third most populated country in the world. The USA is the largest economy in the world and the world’s second largest economy in purchasing power parity.

Veterinary services provide healthcare for animals - especially pets, farm animals, and animals kept in zoos and wildlife parks. This market comprises licensed veterinary practitioners who practice veterinary medicine, dentistry or surgery for animals.

The USA had the highest GDP in the world worth about $18.9 trillion accounting for 25% in $74.5 trillion global GDP.

USA had dog population of 69 million and cat population of 74 million in the year 2015. In 2014, the country had a livestock population of around 2.4 billion. In 2012, the percentage of households owning dogs was 36.5% and that of cats was 30.4%.

Insurance Services Aiding Pet Owners was the major trend observed in the veterinary services market as of 2016. The pet insurance industry is offering new product lines for veterinary services in developed markets. The insurance cover helps pet owners to explore a range of treatment options available ensuring better healthcare of animals. For example, Healthy Paws pet insurance offers insurance for pet illness, accidents, hereditary and congenital conditions, chronic conditions and alternative care.

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