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Companion Animal Rehabilitation Services Market Size
Companion Animal Rehabilitation Services Market was valued at USD 559.3 million in 2023 and is predicted to witness lucrative growth at 11.2% CAGR from 2024 to 2032. Key factors driving this growth include an aging pet population, increasing prevalence of chronic conditions like arthritis and obesity in animals, and the need for post-surgical recovery.
Additionally, increased awareness among pet owners about the benefits of rehabilitation for enhancing overall well-being of pets, is another crucial driver. Educational initiatives and information dissemination by veterinary professionals have made pet owners more informed and willing to invest in veterinary rehabilitation services. Furthermore, technological advancements in veterinary medicine, such as laser therapy and hydrotherapy, have made treatments more effective and accessible, encouraging their adoption. The humanization of pets leads to higher spending on their health, including advanced rehabilitation.
Companion Animal Rehabilitation Services Market Report Attributes
Report Attribute |
Details |
Base Year: | 2023 |
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Companion Animal Rehabilitation Services Market Size in 2023: | USD 559.3 Million |
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Forecast Period: | 2024-2032 |
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Forecast Period 2024-2032 CAGR: | 11.2% |
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2032 Value Projection: | USD 1.4 Billion |
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Historical Data for: | 2021-2023 |
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No. of Pages: | 163 |
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Tables, Charts & Figures: | 289 |
Segments covered: | Therapy Type, Indication, Animal Type, End-user, and Region |
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Growth Drivers: | - Rising prevalence of chronic conditions
- Increasing adoption of pets
- Rising awareness about rehabilitation services
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Pitfalls & Challenges: | - High cost of rehabilitation services
- Shortage of qualified professionals
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These rehabilitation services offer medical and therapeutic interventions aimed at enhancing the functional abilities of pets recovering from injury, surgery, or chronic conditions. The services include physical therapy, hydrotherapy, laser therapy, acupuncture, massage, and shockwave, among others. They are provided by veterinarians or specialized technicians to improve mobility, reduce pain, and promote overall well-being. These interventions support pets' recovery and long-term health, addressing various conditions and enhancing their daily lives.