Veterinary care market seen topping $120.9B by 2030

By AI, Created 10:17 AM UTC, May 20, 2026, /AGP/ – The Business Research Company says the global veterinary care market is growing quickly, driven by pet adoption, preventive care, telemedicine and animal health investment. The market is projected to rise from $93.81 billion in 2026 to $120.89 billion by 2030, with North America leading and Asia-Pacific growing fastest.

Why it matters: - Veterinary care is expanding as pet ownership rises and animal health gets more attention from households, clinics and governments. - The market’s growth also signals stronger demand for diagnostics, preventive care, telemedicine and livestock biosecurity. - The sector matters beyond pets because veterinary services help manage zoonotic diseases that can spread between animals and humans.

What happened: - The Business Research Company released a 2026 global veterinary care market report on May 6, 2026. - The report estimates the market will grow from $87.77 billion in 2025 to $93.81 billion in 2026, a 6.9% compound annual growth rate. - The report projects the market will reach $120.89 billion by 2030, growing at a 6.5% CAGR. - North America held the largest market share in 2025. - Asia-Pacific is projected to be the fastest-growing region during the forecast period.

The details: - The report cites companion-animal growth, higher awareness of animal welfare, more veterinary clinics and hospitals, improved therapeutics and diagnostics, and government zoonotic-disease control efforts as key drivers. - The forecast period is expected to be shaped by telemedicine, remote monitoring, preventive and specialized care, diagnostic and therapeutic innovation, livestock health and biosecurity, and broader animal insurance and wellness programs. - The report highlights virtual veterinary consultations, wellness and preventive care initiatives, holistic “one health” approaches, diagnostic imaging and lab-service improvements, and tailored nutrition and treatment plans as major trends. - Veterinary care covers medical and preventive services for pets, livestock, wildlife and other animals. - The report includes market coverage for Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The report offers a free sample and the full report.

Between the lines: - Pet adoption is emerging as a concrete demand engine because newly adopted animals need medical care and preventive treatment. - In June 2025, Petfood Industry reported U.S. pet-owning households rose from 82 million in 2023 to 94 million in 2025. - The report’s growth story is not just about more pets. It also points to a shift toward more routine, tech-enabled and specialized care.

What’s next: - The market’s growth path appears tied to continued adoption of telemedicine, remote monitoring and preventive-care services. - Broader rollout of animal insurance and wellness programs could further support spending through 2030. - Regional competition is likely to intensify as Asia-Pacific expands faster than mature markets.

The bottom line: - Veterinary care is moving from a traditional clinic service to a broader, technology-supported health market with multiple growth drivers across pets, livestock and public health.