United States Pet Medical Market was valued at USD 8.3 Billion in 2022 and is projected to reach USD 12.5 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The US Pet Medical Market has seen tremendous growth in recent years, driven by increasing awareness about the health and well-being of pets. With a growing number of pet owners seeking quality care for their furry companions, the market has expanded significantly to meet diverse demands. From veterinary services to pet medications and advanced treatments, the industry has evolved to cater to both pets and their owners, providing an array of options to address health concerns.
Among the primary drivers of the market’s growth is the increasing pet ownership rate. According to recent surveys, over 67% of U.S. households own a pet, and a significant portion of these pet owners are now prioritizing their pets' health. This surge in demand has created a large-scale market for pet medical products and services. Pet medical devices, including diagnostic tools, surgical instruments, and therapeutic equipment, have become essential in veterinary clinics across the nation. Additionally, advancements in veterinary medicine, such as stem cell therapy, laser surgery, and dental procedures, have revolutionized pet healthcare.
Another factor driving the Pet Medical Market is the rise in pet insurance adoption. More pet owners are opting for insurance policies that cover medical expenses, thus creating a larger market for veterinary care. This trend reflects a shift in how pets are perceived—as family members who deserve the same quality care as humans. As a result, pet hospitals are increasingly adopting cutting-edge technology to enhance diagnosis and treatment options.
The market also sees high demand for specialized services such as oncology, dermatology, and cardiology. The need for advanced treatments for chronic conditions and serious illnesses in pets has grown substantially, prompting the development of specialized medical centers and services. With these developments, pet owners now have access to comprehensive medical care for their pets, ensuring a better quality of life for their companions.
In addition to healthcare services, the market includes a broad range of products such as prescription diets, nutritional supplements, and over-the-counter medications. These products are designed to address common health issues like obesity, allergies, and joint problems. The continuous development of new and improved products, backed by rigorous research and development, ensures that the Pet Medical Market remains dynamic and responsive to evolving needs.
Get an In-Depth Research Analysis of the US Pet Medical Market Size And Forecast [2025-2032]
Â
VCA
Benfield
Zoetis
IDEXX
Heska
PetMed
Ringpai
Beijing Chong'ai International Animal Hospital
MedVet
MWI
AniCura
Ruipeng Pet
Henry Schein
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the US Pet Medical Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the US Pet Medical Market
Dogs
Cats
Other Pets
Pharmaceuticals
Diagnostic Products
Nutrition Products
Veterinary Clinics
Specialty Animal Hospitals
Mobile Veterinary Services
Pet Pharmacies
Emergency Veterinary Services
Online Retail
Offline Retail
Pet Owners
Veterinary Professionals
Pet Breeders
Animal Shelters and Rescues
Research Institutions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Pet Medical Market Research Analysis
1. Introduction of the US Pet Medical Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Pet Medical Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Pet Medical Market, By Type
6. US Pet Medical Market, By Application
7. US Pet Medical Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Pet Medical Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading US Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/