NEW YORK, Sept. 15, 2016 /PRNewswire/ -- Veterinary services provide healthcare for animals - especially pets, farm animals, and animals kept in zoos and wildlife parks. Healthcare is required in cases of disease or injury and for health maintenance and management. This industry comprises licensed veterinary practitioners who practice veterinary medicine, dentistry or surgery for animals.
The Americas was the largest geographic market in the veterinary services market in 2015, accounting for $XX billion or XX% of the global market. The Americas is the largest market because of high levels of pet ownership, high spending on pets and many owners opting for pet health insurance, thereby enabling them to opt for high cost procedures such as surgeries. Europe was the second largest geographic market, accounting for $XX billion or XX% of the global market. Asia was the third largest geographic market, accounting for $XX billion or XX% of the global market.
Global per capita average veterinary services expenditure grew from $XX in 2011 to $XX in 2015 at a CAGR of XX% and is expected to grow to $XX in 2019 at a CAGR of XX%. Per capita average veterinary services expenditure is increasing because of increasing disposable incomes in emerging markets leading to increase in pet adoption, growth in pet health spending and increasing awareness on pet health.
Electronic Health Records - Electronic health records offer an efficient way to collect and store electronic health information about a client and their pets. Electronic health records accurately represent vital data while ensuring pet history and relevant information is always accessible and easy to use, in order to increase efficiencies as a result of allowing veterinarians to examine possible trends and long-term changes in the pet's record.
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