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The Global Veterinary Rehabilitation Services Market Size is valued at USD 889.44 million in 2023 and is predicted to reach USD 2,239.71 million by the year 2031 at a 12.43% CAGR during the forecast period for 2024-2031.
Key Industry Insights & Findings from the Report:
- The market is in great demand due to the increasing number of pets worldwide owned by people. This is because pet owners want to give their animals the best care possible, which leads to market growth.
- The growing number of pet owners seeking rehabilitation treatments drives market expansion.
- North America dominated the market and accounted for a global revenue share in 2023.
- One of the significant concerns is restraining the need for a huge cost and scarcity of qualified individuals with experience in veterinary rehabilitation.
The growth is mostly driven by the rising admission rates for hydrotherapies used to treat problems like obesity, neurological disorders, post-orthopedic surgery recovery, diabetes, atrophy, and other traumas. The expansion of the pet care industry and an increase in animal hospitals, rehabilitation facilities, clinics, and devices for veterinary orthotics and prosthetics are anticipated to boost the market share for veterinarians. Another element influencing the market segment growth is the rising number of veterinary rehab specialists
Aside from that, pet owners' increasing commitment to spending more time and money on their animals' healthcare can be seen in the growing popularity of veterinary rehab. The rehabilitation industry in veterinary medicine is expected to expand quickly, given the perceived applications and advantages of the field.
Furthermore, many elderly veterinary patients with movement problems may be in immediate danger of dying. Since mobility is linked to the quality of life and time to death, improving functional movement is crucial for senior dogs. The market has grown slowly because of less assistance from the government and nonprofit organizations. ignorance of the availability of veterinary orthotics and prosthetics.
Recent Developments:
- In April 2022- Animal Orthocare announced that it would start selling fit paws, a product line from the Paw Prosper family of businesses specializing in high-end canine rehabilitation and training gear.
- In June 2022- The HandicappedPets.com-owned company Walkin' Pets announced the launch of a new ortho branch. These days, there are four main varieties of Walkin' Pets braces: knee (stifle brace), elbow brace, carpal brace, and hock (tarsal) brace.
Competitive Landscape:
Some major Veterinary Rehabilitation Services Market Players are:
- Back on Track Veterinary Rehabilitation Center LLC
- Animal Acupuncture and Rehabilitation Center
- BARC
- Treasure Coast Animal Rehab & Fitness
- Animal Rehab Center of Michigan
- Blue Springs Animal Rehabilitation Center
- Essex Animal Hospital
- Triangle Veterinary Referral Hospital
- Butterwick animal rehab clinic Ltd
- Animal Rehab and Conditioning Center
Market Segmentation:
The veterinary rehabilitation services market is segmented on the animal type, therapy type, indication, and end-use. Based on animal type, the market is segmented into companion, production, and wildlife animals. Based on therapy type, the veterinary rehabilitation services market is segmented into therapeutic exercises, manual therapy, hydrotherapy, hot & cold therapies, electrotherapies, acupuncture, shockwave therapy and other therapies. Based on the indication, the veterinary rehabilitation services market is segmented into post-surgery, traumatic injuries, acute & chronic diseases, developmental abnormality and other indications. Based on end-use, the veterinary rehabilitation services market is segmented into veterinary rehab centers & hospitals, rescue & shelter homes, rehab sanctuaries and others.
Based On Therapeutic Type, The Therapeutic Exercise Segment Is A Major Contributor To The Veterinary Rehabilitation Services Market
The market's leading segment is a therapeutic exercise. One of the most popular forms of physical rehabilitation therapy for companion animals like dogs is therapeutic or guided exercises. The therapeutic exercise programs veterinarians use include balancing treatments, weight-shifting therapies, weight loss therapies, and various other activities, including grounded treadmills, cavalletti rails, balance discs, and peanut balls. Animals heal from crippling musculoskeletal or orthopedic surgery, and those with chronic illnesses like arthritis benefit from these workouts since they increase their body's mobility, strength, flexibility, and endurance. Additionally, physical rehabilitation exercises for patients with neurological diseases in animals accelerate their recovery, speed up their return to normal physiology, and enhance general vitality and health.
The Post-Surgery Segment Witnessed Growth At A Rapid Rate
Post-surgery grabbed the highest revenue share, and it is anticipated that they will continue to hold that position during the anticipated time. This sizeable portion can be attributed to the rise in orthopedic surgeries for dogs and cats and the rise in veterinarians referring their patients to rehabilitation facilities following surgery. Veterinarians frequently perform orthopedic surgery on companion animals to correct musculoskeletal problems. Post-operative patients are more inclined to think about rehabilitation to lower pain and inflammation and speed healing. With more recent developments, physical rehabilitation therapy following surgery has become more widespread in the veterinary profession, further supporting segmental growth.
The North American Veterinary Rehabilitation Services Market Holds A Significant Regional Revenue Share
The North American veterinary rehabilitation services market is expected to register the highest market share in revenue soon. Fast-paced services and the fulfillment of special orders placed by customers of orthotics-prosthetics product manufacturers are the main reasons that have fueled the expansion of the veterinary orthotics-prosthetics industry. The region's high concentration of pet daycare facilities is predicted to increase demand. In addition, Asia Pacific is projected to grow rapidly in the global veterinary rehabilitation services market. The regional market is projected to expand due to rising consumer knowledge of animal care and rehabilitation services and the quickening development of the healthcare infrastructure in the area. Additionally, it is anticipated that greater knowledge of the goods' availability and the availability of qualified experts will boost the region's sales of veterinary.
Veterinary Rehabilitation Services Market Report Scope:
|
Report Attribute |
Specifications |
|
Market size value in 2023 |
USD 889.44 Mn |
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Revenue forecast in 2031 |
USD 2,239.71 Mn |
|
Growth rate CAGR |
CAGR of 12.43% from 2024 to 2031 |
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Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments covered |
Animal type, Therapy Type, Indication, and End-use
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
|
Competitive Landscape |
Back on Track Veterinary Rehabilitation Center LLC; Animal Acupuncture and Rehabilitation Center; BARC; Treasure Coast Animal Rehab & Fitness; Animal Rehab Center of Michigan; Blue Springs Animal Rehabilitation Center; Essex Animal Hospital; Triangle Veterinary Referral Hospital; Butterwick animal rehab clinic Ltd; Animal Rehab and Conditioning Center. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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