Canada Veterinary Hospital Market

Canada Veterinary Hospital Market Insights Forecasts to 2035

• The Canada Veterinary Hospital Market Size was estimated at USD 8,980.33 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.27% from 2025 to 2035
• The Canada Veterinary Hospital Market Size is Expected to Reach USD 17,535.77 Million by 2035

The Canada Veterinary Hospital Market is anticipated to reach USD 17,535.77 million by 2035, growing at a CAGR of 6.27% from 2025 to 2035. The market share is growing due to a number of factors, including the introduction of veterinary health information systems, the growing prevalence of various zoonotic, food-borne, and chronic diseases, and pet owners' growing concerns about animal health. 

Market Overview

The network of establishments that offer medical, surgical, and diagnostic services for farm and companion animals, including emergency services, preventive health, and general and speciality care, is referred to as the Canadian veterinary hospital market. The availability of pet healthcare facilities, innovative medications, medical equipment, and pet insurance is expected to boost industry expansion. The animal health sector is expected to benefit from a number of technological developments in veterinary medicine. The market for veterinary hospitals is expected to grow quickly due to recent advancements like improved animal imaging modalities, telemedicine platforms, and point-of-care diagnostics, as well as continued veterinary research and development initiatives. Moreover, the Canadian Veterinary Medical Association (CVMA) estimates that 3,825 of Canada's 16,313 veterinarians were engaged in clinical practice in 2023. There were roughly 4,379 veterinary clinics in the nation. Growing pet adoption rates in Canadian households, particularly for cats (8.5 million) and dogs (7.9 million) as of 2024, further support the market growth.

Report Coverage

This research report categorises the market for the Canada veterinary hospital market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada veterinary hospital market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada veterinary hospital market.

Driving Factors

The market is expanding due to a number of important factors that reflect growing concerns about the health and welfare of animals. One of these is the rise in pet adoption rates, as more households view their pets as members of the family. Besides, the need for more sophisticated veterinary care, preventative care, and pet insurance has increased as a result of these developments. Further, the market has improved as a result of increased livestock numbers to satisfy the growing demand for animal products like meat, milk, and eggs worldwide.

Restraining Factors

The veterinary hospital market in Canada encounters multiple limiting factors despite its anticipated expansion, such as, major issue is the lack of skilled veterinarians, which restricts hospitals' ability to address the growing demand due to an increase in pet ownership and pet humanisation.  Furthermore, increasing cybersecurity threats endanger hospital data administration and telemedicine functionalities.

Market Segmentation

The Canada veterinary hospital market share is classified into type and sector.

• The surgery segment held a substantial share in 2024 and is projected to grow at a significant CAGR during the forecast period.

The Canada veterinary hospital market is divided by type into surgery, medicine, and consultation. Among these, the surgery segment held a substantial share in 2024 and is projected to grow at a significant CAGR during the forecast period. Technological developments in imaging methods, robotics, and surgical instruments, including 3D printing and virtual reality training for veterinarians, are the main drivers of this expansion. The segment growth is also fueled by rising awareness of animal welfare and the need for specialised, effective, and minimally invasive surgical procedures. The growing economic value of livestock and the move toward intensive, high-yield farming methods are pushing farmers to seek veterinary surgical care to preserve herd productivity, even though it is.

• The private segment held a significant share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period.

The Canada veterinary hospital market is segmented by sector into public and private.  Among these, the private segment held a significant share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period. The growing disposable incomes, better socioeconomic circumstances, and a growing demand for individualised, high-quality veterinary care services are the main drivers of this expansion. The attraction of the private segment is further increased by technological developments like telemedicine, AI diagnostics, and sophisticated surgical instruments. Furthermore, the use of pet insurance has decreased the financial burden on pet owners by increasing access to and affordability of private veterinary care. 

Competitive Analysis:

The report offers the appropriate analysis of the key organisations/companies involved within the Canada veterinary hospital market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• VetStrategy
• VCA Canada
• Oxford Bovine Veterinary Services
• Clinique Vétérinaire Graham
• Vetster
• Others

Recent Developments:

• In October 2025, Alta Vista Animal Hospital will open a new 52,000 sq ft Speciality & Emergency Veterinary Centre in Ottawa, marking a major expansion in advanced veterinary care for Eastern Ontario. This expansion makes cutting-edge veterinary services more accessible, guaranteeing that pets and their families get the best care possible when they need it most.
• In October 2022, NVA Canada opened a new Speciality and Emergency Veterinary Centre in Dartmouth, Nova Scotia, set to launch in early 2024. This facility would significantly expand access to 24/7 emergency and referral veterinary care in the Halifax Regional Municipality and surrounding areas.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Canada, regional, and country levels from 2020 to 2035. Decision Advisiors has segmented the Canada Veterinary Hospital Market based on the below-mentioned segments:

Canada Veterinary Hospital Market, By Type

• Surgery
• Medicine
• Consultation

Canada Veterinary Hospital Market, By Sector

• Public
• Private

FAQ

1. What is the expected growth rate of the Canadian Veterinary Hospital Market?

The market is expected to grow at a CAGR of 6.27% between 2025 and 2035.

2. What are the key market drivers?

Drivers include increasing pet adoption rates, greater concern for animal health and welfare, adoption of sophisticated veterinary technologies, and rising livestock production.

3. What factors restrain the market growth?

Restraining factors include a shortage of skilled veterinarians and increasing cybersecurity threats affecting hospital data management and telemedicine operations.

4. Who are the key players in the Canadian Veterinary Hospital Market?

Key companies include VetStrategy, VCA Canada, Oxford Bovine Veterinary Services, Clinique Vétérinaire Graham, and Vetster.