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Veterinary Services in Switzerland - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

CH-M75 March 2024 Factsheet

Revenue

€790.7m

2019-2024 4.6 %
2024-2029 X.X %

Employees

6,453

2019-2024 5.5 %
2024-2029 X.X %

Businesses

694

2019-2024 1.3 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

Veterinary Services in Switzerland market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Switzerland compared to Europe?

Country Benchmarking

Industry Data Switzerland

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#11 In Europe
Business
#24 In Europe
Employees
#11 In Europe
Wages
#8 In Europe

The Veterinary Services in Switzerland ranks 11st in Europe with regards to its 2024 revenue (€790.7m). Revenue received by operators in Switzerland has been low in volatility over the past five-year period, with the average annual change in revenue (4.6 %) most comparable to...

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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 Switzerland in 2024?

The market size of the Veterinary Services industry in Switzerland is €790.7m in 2024. 

How many businesses are there in the Veterinary Services in Switzerland industry in 2024?

There are 694 businesses in the Veterinary Services industry in Switzerland, which has grown at a CAGR of 1.3 % between 2019 and 2024.

Has the Veterinary Services industry in Switzerland grown or declined over the past 5 years?

The market size of the Veterinary Services industry in Switzerland has been growing at a CAGR of 1.3 % between 2019 and 2024. 

What is the forecast growth of the Veterinary Services industry in Switzerland over the next 5 years?

Over the next five years, the Veterinary Services industry in Switzerland is expected to grow.

What are the biggest companies in the Veterinary Services market in Switzerland?

The biggest companies operating in the Veterinary Services market in Switzerland are Independent Vetcare Ltd, Pets at Home Group plc and VetPartners Group Ltd

What does the Veterinary Services in Switzerland 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 Switzerland?

The company holding the most market share in Switzerland is Independent Vetcare Ltd.

How competitive is the Veterinary Services industry in Switzerland?

The level of competition is moderate and increasing in the Veterinary Services industry in Switzerland.

Related Industries

This industry is covered in 37 countries

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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 animals

Industry Code

ISIC 2006

75 - Veterinary activities in Switzerland

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 Switzerland
  • Employees in the Veterinary Services in Switzerland
  • Business in the Veterinary Services in Switzerland
  • Profit in the Veterinary Services in Switzerland

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.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Veterinary Services in Switzerland 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.

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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 Switzerland 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?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.