Veterinary Services in Australia - IBISWorld Industry Market Research

Veterinary Services in Australia

Veterinary Services in Australia - IBISWorld Industry Market Research
Veterinary Services in Australia
Published Sep 11, 2012
29 pages — Published Sep 11, 2012
Price US$ 930.00  |  Buy this Report Now

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Demand for veterinary services has been promoted by growing awareness of animal health issues and the availability of advanced surgical and diagnostic procedures. However, pet ownership is declining in Australia, partly due to a trend toward medium- to high-density housing. Also, in recent years many households have clamped down on their discretionary spending, including on pets and veterinary services.

In 2012-13, the Veterinary Services industry is expected to generate revenue of $2.55 billion, up 1.4% compared with 2011-12. The industry is expected to contribute about $1.42 billion to the Australian economy, accounting for an estimated 0.1% of GDP.This industry is made up of veterinary practitioners and animal hospitals. Veterinarians are skilled in medicine and surgery pertaining to animals. Private veterinary practice can be divided into rural practice (mainly focused on farm animals) and town practice (mainly treating companion animals).

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Veterinary Services in Australia" Sep 11, 2012. Alacra Store. Oct 28, 2016. <>
IBISWorld Industry Market Research. (2012). Veterinary Services in Australia Sep 11, 2012. New York, NY: Alacra Store. Retrieved Oct 28, 2016 from <>
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