The global veterinary market size is expected to reach $114.4bln by 2028

The global veterinary market size is expected to reach $114.4bln by 2028

Dubai, UAE: The veterinary industry is constantly evolving. The global veterinary market size is expected to reach USD 114.4 billion by 2028. As new technologies take shape and innovative treatments are realized, animal care will change too. Eurovets outlines three trends that will shape veterinary industry in 2023.

Advanced Technology

Technology is gripping all areas of our lives. From Internet of Things to blockchain and artificial intelligence (AI), technology is booming. The veterinary industry has adopted technology to a great extent and in 2023, the industry will rely on tech to play a part in veterinary care including enhanced practice management software that will include features beyond automated appointment reminders. It will also include smart feeders, online prescription refill requests, wearables for pets and more. Technology will only continue to be an important aspect of the industry and will enhance the segment in 2023.

“Technology is at its best when it brings people and pets together. Super excited to continue having Eurovets play a role in advancing tech solutions for our customers, pet parents and ultimately pets” said Yakub Omarji, the COO of Eurovets.

Alternative Pet Food

As humans, the pet food industry is also experiencing a shift – particularly with insect protein and novel