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IS IS-M75 | Industry Report | Factsheet

Veterinary Services in Iceland Industry Data and Analysis

YA
Yusuf Allinson
Analyst London, United Kingdom June 2025

The Veterinary Services industry in Iceland has a market size of €47.6m in 2026 with annual revenue growth of 13.4 %. 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.

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What's included in this industry analysis

IBISWorld's research coverage on the Veterinary Services industry in Iceland includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of February 2026.

About this industry

What's this industry report about?

The Veterinary Services industry in Iceland operates under the industry code IS-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 Iceland include avian influenza, endoscopy and companion antimals.

What's included in this industry?

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

What companies are included in this industry?

The Veterinary Services industry in Iceland is highly fragmented with no companies holding a market share greater than 5%.

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 Iceland.

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 Iceland. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

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 Iceland. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

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 Iceland. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Country Benchmarks

What's included in the Country Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Cafes and Coffee Shops industry in Australia. 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 Iceland.

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Frequently Asked Questions

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

The market size of the Veterinary Services industry in Iceland is €47.6m in 2026.

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

There are 81 businesses in the Veterinary Services industry in Iceland, which has grown at a CAGR of 2.9 % between 2020 and 2025.

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

The market size of the Veterinary Services industry in Iceland has been growing at a CAGR of 10.0 % between 2020 and 2025.

What is the forecast growth of the Veterinary Services industry in Iceland over the next 5 years?

Over the next five years, the Veterinary Services industry in Iceland is expected to grow.

What does the Veterinary Services industry in Iceland include?

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

How competitive is the Veterinary Services industry in Iceland?

The level of competition is moderate and steady in the Veterinary Services industry in Iceland.

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