Companion Animal Rehabilitation Services Market Trends

Companion Animal Rehabilitation Services Market Trends

• The increasing adoption of pets worldwide has emerged as a significant driver for the market. As more households’ welcome pets into their families, there is a growing awareness and demand for comprehensive healthcare services that enhance the quality of life for animals.
   
• For instance, according to Forbes, as of 2024, 66% of U.S. households, equivalent to 86.9 million homes, own a pet. This high pet ownership rate underscores a growing demand for comprehensive veterinary care, including specialized rehabilitation services.
   
• Another notable trend contributing to the market's growth is the rising prevalence of chronic conditions among pets. Conditions such as arthritis, obesity, and hip dysplasia are becoming more common, necessitating long-term management and rehabilitation. The aging pet population further exacerbates this issue, as older pets are more susceptible to these chronic ailments.
   
• Furthermore, expanding pet insurance coverage, including rehabilitation services, has made these treatments more affordable and widespread. The combination of high pet ownership rates, growing prevalence of pet chronic diseases increased awareness, technological advancements, and improved affordability are key factors fueling the growth of this market.