Veterinary Services
Industry Description
The US veterinary services industry includes about 28,000 veterinary centers and animal testing laboratories, with combined annual revenue of about $25 billion. Major companies include Medical Management International, which does business as Banfield and maintains centers in PetSmart stores, and VCA Antech. The industry is highly fragmented: the 50 largest companies account for 10 percent of revenue. The typical veterinary services company operates an animal hospital with less than 20 employees on staff and has annual revenue under $1 million.
SIC: 0741
NAICS: 541940
NAICS: 541940
Related Industries:
Animal Production, Museums, Zoos & Parks, Pet & Pet Supplies Stores, Pet Food ManufacturingTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| IAMA AGRIBUSINESS PTY LTD | 4,590.11M | Tullamarine, Vic |
| VCA Antech, Inc. | 1,485.36M | Los Angeles, CA |
| Medical Management International, Inc. | 615.20M | Portland, OR |
| ANIMAL WELFARE LEAGUE OF VICTORIA | 435.12M | North Melbourne, Vic |
| W. & J. DUNLOP, LTD | 343.58M | Dumfries, Scotland |
Trends
Small Group Practices - The availability of sophisticated testing and radiology equipment that...
Industry Indicator
US consumer spending on services, an indicator of vet sales, rose 2.1 percent in March 2012 compared to the same month in 2011.
Quarterly Industry Update
Patient Visits Grow - Veterinary unique patient visits, an indicator of demand for the industry, rose in 2011 compared to 2010, according to a new State of the Industry...


