Industry Statistics and Rankings
How does this industry perform in Iceland compared to Europe?
Country Benchmarking
Industry Data Iceland
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#33 In EuropeBusiness
#34 In EuropeEmployees
#35 In EuropeWages
#27 In EuropeThe Veterinary Services in Iceland ranks 33rd in Europe with regards to its 2024 revenue (€21.9m). Revenue received by operators in Iceland has been low in volatility over the past five-year period, with the average annual change in revenue (4.7 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Veterinary Services industry in Iceland in 2024?
The market size of the Veterinary Services industry in Iceland is €21.9m in 2024.
How many businesses are there in the Veterinary Services in Iceland industry in 2024?
There are 86 businesses in the Veterinary Services industry in Iceland, which has grown at a CAGR of 6.4 % between 2019 and 2024.
Has the Veterinary Services industry in Iceland grown or declined over the past 5 years?
The market size of the Veterinary Services industry in Iceland has been declining at a CAGR of 4.7 % between 2019 and 2024.
What is the forecast growth of the Veterinary Services industry in Iceland over the next 5 years?
Over the next five years, the Veterinary Services industry in Iceland is expected to grow.
What are the biggest companies in the Veterinary Services market in Iceland?
The biggest companies operating in the Veterinary Services market in Iceland are Independent Vetcare Ltd, Pets at Home Group plc and VetPartners Group Ltd
What does the Veterinary Services in Iceland include?
Veterinary care for farm animals and Veterinary care for pets are part of the Veterinary Services industry.
Which companies have the highest market share in the Veterinary Services in Iceland?
The company holding the most market share in Iceland is Independent Vetcare Ltd.
How competitive is the Veterinary Services industry in Iceland?
The level of competition is moderate and steady in the Veterinary Services industry in Iceland.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Pharmaceutical Product & Preparations Manufacturing in Iceland
- Pharmaceuticals, Medicinal Chemical & Botanical Product Manufacturing in Iceland
- Medical & Dental Instrument & Supplies Manufacturing in Iceland
International industries
Table of Contents
About this industry
Industry definition
This industry provides healthcare and control activities for animals and pets. Activities are carried out by qualified veterinary surgeons in veterinary hospitals, on farms or in surgeries. The industry also includes animal ambulance activities.
What's included in this industry?
Veterinary care for farm animals Veterinary care for pets Veterinary care for zoo animalsIndustry Code
75 - Veterinary activities in Iceland
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Veterinary Services in Iceland
- Employees in the Veterinary Services in Iceland
- Business in the Veterinary Services in Iceland
- Profit in the Veterinary Services in Iceland
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Veterinary surgeons must register before setting up shop. Veterinary surgeons must ensure they have licences and accreditations before performing surgery on animals.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Veterinary Services in Iceland industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Rising pet ownership benefits profitability. An increase in dog and cat ownership and elevated pet-related spending has meant profit has remained healthy.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Veterinary Services in Iceland industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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