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Veterinary Services in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM54194

Veterinary Services in New Mexico industry analysis

The Veterinary Services industry in New Mexico is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Veterinary Services in New Mexico Market Research Report

What’s Included in the Veterinary Services in New Mexico Market Research Report

Definition of the Veterinary Services in New Mexico?

Veterinary services are the medical and healthcare services licensed veterinarians and their support staff provide to animals. These services encompass a broad range of activities to maintain the health and well-being of animals, including household pets, livestock and wildlife.

What’s included in the Veterinary Services in New Mexico?

The Veterinary Services in New Mexico includes perform routine examinations, perform surgical treatments, perform nonsurgical treatments, sell animal food, medications and supplies, conduct laboratory testing, provide dog boarding, provide dog grooming and providing dental cleanings. Related terms covered in the Veterinary Services in New Mexico industry report includes being related to horses, the branch of medical science concerned with disorders or deformities of the spine and joints, the branch of medicine concerned with the eye and its diseases, the branch of medicine dealing with the skin and its diseases and a disease transmitted between animals and humans.

Industry Performance of the Veterinary Services industry in New Mexico

Benchmark the Veterinary Services in New Mexico industry performance with all NM county and national performance.

Veterinary Services in New Mexico

#40 in Highest Revenue 0.5% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Veterinary Services in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Veterinary Services industry in New Mexico

See how key industry drivers, such as population, new business formation, median houshold income, number of pets (cats and dogs), per capita disposable income and per capita meat consumption are impacting Veterinary Services in New Mexico

New Mexico Economic Indicators

Population
New Business Formation
Median Houshold Income

View more economic information in NM State Economic profile

US Key External Drivers

Number of pets (cats and dogs)
Per capita disposable income
Per capita meat consumption

For the full list of industry drivers, see report purchase options.

County Data of the Veterinary Services industry in New Mexico

Access proprietary data on county in the Veterinary Services in New Mexico, such as Bernalillo County, Santa Fe County and Dona Ana County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Veterinary Services industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Veterinary Services industry in New Mexico in 2025?

The market size of the Veterinary Services industry in New Mexico is $329.4m in 2025.

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

There are 389 businesses in the Veterinary Services industry in New Mexico, which has been growing at an average annual rate of 2.9% from 2020 to 2025.

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

The market size of the Veterinary Services industry in New Mexico has been growing at an average annual rate of 2.6% from 2020 to 2025.

How many employees in the Veterinary Services industry in New Mexico in 2025?

There are 2,789 employees in the Veterinary Services industry in New Mexico, which has been growing at an average annual rate of 5.4% from 2020 to 2025.