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Germany
DE WZ DE-M75 | Industry Report

Veterinary Services in Germany Industry Data and Analysis

YA
Yusuf Allinson
Analyst Frankfurt, Germany May 2025

The Veterinary Services industry’s revenue is anticipated to expand at a compound annual rate of 1.3% to €34.9 billion over the five years through 2025. Revenue expansion has been driven by a surge in pet ownership since the COVID-19 outbreak, growing awareness of animal health and the growing availability of advanced surgical and diagnostic procedures for animals. Individuals spent prolonged periods at home during lockdowns, driving many to buy pets. In turn, demand for veterinary services for insurance and health checks climbed.

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What's included in this industry analysis

IBISWorld's research coverage on the Veterinary Services industry in Germany includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released May 2025.

About this industry

What's this industry report about?

The Veterinary Services industry in Germany operates under the WZ industry code DE-M75. This industry provides healthcare and control activities for animals and pets. Activities are carried out by qualified veterinary surgeons in veterinary hospitals, on farms or in surgeries. The industry also includes animal ambulance activities. Related terms covered in the Veterinary Services industry in Germany include avian influenza, endoscopy and companion antimals.

What's included in this industry?

Products and services covered in Veterinary Services industry in Germany include Veterinary care, Emergency Veterinary services and Pet care.

What companies are included in this industry?

Companies covered in the Veterinary Services industry in Germany include Independent Vetcare Ltd and AniCura AB.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Veterinary Services industry in Germany.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Veterinary Services industry in Germany.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Veterinary Services industry in Germany.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Veterinary Services industry in Germany. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Veterinary Services industry in Germany. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Veterinary Services industry in Germany. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Veterinary Services industry in Germany. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Veterinary Services industry in Germany.

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Frequently Asked Questions

What is the market size of the Veterinary Services industry in Germany in 2026?

The market size of the Veterinary Services industry in Germany is €XX.Xbn in 2026.

How many businesses are there in the Veterinary Services industry in Germany in 2025?

There are 114k businesses in the Veterinary Services industry in Germany, which has grown at a CAGR of 2.7 % between 2020 and 2025.

Has the Veterinary Services industry in Germany grown or declined over the past 5 years?

The market size of the Veterinary Services industry in Germany has been stable at a CAGR of XX.X% between 2020 and 2025.

What does the Veterinary Services industry in Germany include?

Veterinary care for animals and Emergency veterinary services are part of the Veterinary Services industry in Germany.

How competitive is the Veterinary Services industry in Germany?

The level of competition is low and steady in the Veterinary Services industry in Germany.

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