The Business Research Company’s latest report Animal Hospitals And Veterinary Clinics Global Market Report 2020 covers Animal Hospitals And Veterinary Clinics market drivers, Animal Hospitals And Veterinary Clinics market trends, Animal Hospitals And Veterinary Clinics market segments, Animal Hospitals And Veterinary Clinics market growth rate, Animal Hospitals And Veterinary Clinics market major players, and Animal Hospitals And Veterinary Clinics market size. The report provides in-depth analysis of the impact of COVID-19 on the Animal Hospitals And Veterinary Clinics industry, along with revised market numbers due to the effects of the coronavirus.
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Animal Hospitals And Veterinary Clinics Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global animal hospitals and veterinary clinics market is expected to decline from $91.4 billion in 2019 to $70.8 billion in 2020 at a compound annual growth rate (CAGR) of -22.6%. The decline is mainly due to COVID-19 outbreak and the measures to contain it. Several veterinary care facilities in affected countries have been completely closed or have been only providing minimal treatment for emergency cases. This is because, the global public health organizations have recommended some medical facilities to postpone or cancel non-urgent visits/services, and to prioritize urgent and emergency visits and procedures in order to contain the coronavirus spread. The market is then expected to recover and grow at a CAGR of 5.2% from 2021 and reach $111.3 billion in 2023.
The report covers the Animal Hospitals And Veterinary Clinics market’s segments-
1) By Type: Consultation, Surgery, Medicine, Other (Includes Pet Food).
2) By Animal Type: Farm Animals, Companion Animals.
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