The India veterinary service market size reached USD 4,027.50 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 8,857.40 Million by 2033, exhibiting a growth rate (CAGR) of 8.20% during 2025-2033. The market is driven by rising pet ownership, increasing livestock demand, government initiatives, zoonotic disease awareness, and advanced veterinary healthcare. Growth in animal husbandry, technological advancements, expanding pet insurance, and higher disposable incomes further boost demand for quality veterinary services and pharmaceuticals.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 4,027.50 Million |
Market Forecast in 2033 | USD 8,857.40 Million |
Market Growth Rate 2025-2033 | 8.20% |
Advancements in Veterinary Healthcare and Pharmaceuticals
Technological innovations and advancements in veterinary medicine are significantly improving animal healthcare. The development of diagnostic tools, new vaccines, and telemedicine services is making veterinary care more efficient and accessible. AI-based diagnostics, wearable health monitoring devices for pets, and digital health records are transforming the industry. Additionally, the growing veterinary pharmaceutical sector is introducing advanced treatments for diseases, nutritional supplements, and pet wellness products. With increasing investments from private players and startups, the Indian veterinary market share is witnessing rapid modernization, ensuring better healthcare for pets, livestock, and farm animals. For instance, in December 2024, Healthtech company Crown Veterinary Services (Crown Vet) secured an undisclosed amount of funding from Mars Veterinary Health. This marks Mars Veterinary Health's initial investment in India. It offers extensive global knowledge to Crown Vet’s well-established local presence, which will aid in enhancing veterinary care in India. The funds will be allocated to grow its network and launch enhanced training initiatives for its 240 staff members, which includes 60 veterinarians.
Rising Pet Ownership and Humanization of Pets
The increasing adoption of pets, particularly in urban areas, is a key driver of India’s veterinary service market. According to industry reports, in 2024 approximately 66% of the population in India demonstrates the strong emotional bonds that younger generations have with their pets. As pet owners treat their animals as family members, there is a growing demand for advanced healthcare, diagnostics, and specialized treatments. The rise of pet insurance, premium pet food, and wellness services further boosts the need for veterinary care. Social media influence, pet-friendly policies, and awareness campaigns have also contributed to the surge in pet ownership. This trend is expected to continue, leading to higher spending on veterinary services, including vaccinations, surgeries, and preventive healthcare thereby driving the India veterinary service market growth.
Government Initiatives and Veterinary Infrastructure Development
The Indian government is actively promoting veterinary healthcare through policies and programs that enhance rural veterinary services. For instance, in August 2024, The Delhi government intends to establish a call centre in addition to three mobile veterinary units for individuals to report suffering stray animals and request medical assistance for them. The Development Department's Animal Husbandry unit issued a request for proposals to establish the center. The government has designed the model to deliver enhanced veterinary services for livestock right at the doorstep where such services are lacking and animal owners require veterinary assistance. Initiatives such as free vaccination drives, mobile veterinary clinics, and subsidies for animal healthcare encourage farmers to invest in veterinary care. The focus on preventing zoonotic diseases and improving food safety regulations has increased the need for veterinary diagnostics and biosecurity measures. Furthermore, investments in veterinary colleges and research centers help develop skilled professionals, boosting overall veterinary infrastructure. These efforts aim to make veterinary services more accessible and affordable, particularly in rural and semi-urban areas, creating a positive India veterinary service market outlook.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional/country level for 2025-2033. Our report has categorized the market based on service, animal type, and end use.
Service Insights:
The report has provided a detailed breakup and analysis of the market based on the service. This includes surgery, diagnostic tests and imaging, physical health monitoring, and others.
Animal Type Insights:
A detailed breakup and analysis of the market based on animal type have also been provided in the report. This includes companion animal and farm animal.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes veterinary clinic and veterinary hospital.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Services Covered | Surgery, Diagnostic Tests and Imaging, Physical Health Monitoring, Others |
Animal Types Covered | Companion Animal, Farm Animal |
End Uses Covered | Veterinary Clinic, Veterinary Hospital |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: