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From 2023 to 2030, the worldwide spay and neuter market is projected to grow from its current value of USD 2.28 billion at a CAGR (compound annual growth rate) of 5.16%. Rising spay and neuter rates, more pet adoptions, successful public and private programmes, and increased pet owner knowledge are all contributing to this expansion. According to the PDSA 2022 Animal Wellbeing report, the majority of cats (90%), dogs (70%), and rabbits (58%) in the United Kingdom will have been neutered by that year. Due to the widespread spread of the COVID-19 virus, many elective surgeries, including spaying and neutering, were either cancelled or put on hold. The total number of 2020 sterilisations suffered as a result of this. Working pet owners have a favourable effect on the pet industry as a whole by increasing pet adoption, pet spending, and the humanization of pets. The importance of pet health and behaviour, as well as the benefits of spaying and neutering, became more widely known as a result. The need for pet sterilisation services is predicted to increase as a result of this trend in the years ahead.
As a result of the COVID-19 pandemic, the entire pet business saw substantial expansion. There was a rise in the number of households with pets and associated spending. Several major markets implemented lockdowns during the COVID-19 epidemic. Many clinics for animals stopped doing elective procedures like neutering and spaying. The University of Florida reported in September 2022 that between 2019 and 2021, the United States experienced a shortfall of roughly 2.7 million spay and neuter surgeries due to the epidemic and related containment measures. However, the market has been slowly recovering in 2021 and 2022, and steady expansion is anticipated for the forecast term.
The rising number of cat adoptions from shelters, streets, friends, and family has been proven to considerably drive the market for spay and neuter surgeries for cats over the study period. This market dominance is due to the many different kinds of cats. WATT Global Media published data showing that in 2022, 539,015 cats were adopted in the United States, up from 528,526 the year before. Cats' higher rate of spaying and neutering adoption can be attributed in part to the reduced cost of birth control surgery treatments for cats compared to dogs. The average cost to spay or neuter a dog was reported to be between $200 and $800 by CNET in July 2021, while the same procedure for a cat was reported to cost a mere $200.
The American Pet Products Association (APPA) estimates that in 2021, Americans would spend USD 123.6 billion on their companion animals, up from USD 103.6 billion in 2020, an increase of roughly 19%. The rising cost of pet care has affected all types of surgical treatments, including spaying and neutering. As a result of the COVID-19 pandemic, the entire pet business saw substantial expansion. There was a rise in the number of households with pets and associated spending. Several major markets implemented lockdowns during the COVID-19 epidemic. Many clinics for animals stopped doing elective procedures like neutering and spaying.
The future of the spay and neuter industry will be driven by the rising popularity of pet adoption. Adopting a pet is getting one from a shelter or rescue organisation rather than a pet store or breeder. Animals can prevent the spread of disease and the burden of having unwanted offspring by undergoing spaying or neutering. For instance, in 2021, there were around 977,202 pets adopted in the US, resulting in the highest adoption rate of 61% in the preceding six years, as reported by Chewy, Inc., a US-based online retailer of pet food and other products. Another example: in 2022, 48% of households had dogs, up from 40% in 2019, according to a national study of pets and people published in November 2022 by Animal Medicines Australia (AMA), an Australian industry organisation representing the leaders of Australia's animal health business. Approximately 70% of all U.S. families, or 90,5 million homes, have a pet, according to the APPA National Pet Owners Survey of 2021–2022. Since more animals are being adopted, the demand to spay and neuter them has increased.
Spay and neutering services are becoming increasingly popular in the United States and other affluent countries like the United Kingdom due to rising awareness programmes and the availability of low-cost spay and neutering procedures. In the 1970s, the first specialised spay-neuter clinics opened in the United States. As "neuter-before-adoption" rules were instituted by shelters and veterinary colleges developed training programmes to guide efficient surgical techniques, the practise of sterilisation gained widespread acceptance by the 1990s. Furthermore, the American Veterinary Medical Association (AVMA) reports that spaying and neutering are among the most prevalent surgical operations for cats and dogs in the United States.
Report Coverage
Global Spay And Neuter research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Spay And Neuter report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Spay And Neuter competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Spay And Neuter market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Spay And Neuter market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Spay And Neuter market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
CVS Group Plc, VetPartners Group Limited, Ethos Veterinary Health LLC, PetIQ, Covetrus, Inc., Zoetis Inc., VCA Animal Hospitals, Veritas Veterinary Partners, AniCura AB, and Dash Solutions.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Spay And Neuter market based on the below-mentioned segments:
Global Spay And Neuter Market, By Type
Dogs
Cats
Other Animals
Global Spay And Neuter market, By Provider
Veterinary Clinics & Hospitals
Others
Global Spay And Neuter Market, By End User
Animal Welfare Groups
Pet Owners
Global Spay And Neuter market, Regional Analysis
As a result of the COVID-19 pandemic, the entire pet business saw substantial expansion. There was a rise in the number of households with pets and associated spending. Several major markets implemented lockdowns during the COVID-19 epidemic. Many clinics for animals stopped doing elective procedures like neutering and spaying. The University of Florida reported in September 2022 that between 2019 and 2021, the United States experienced a shortfall of roughly 2.7 million spay and neuter surgeries due to the epidemic and related containment measures. However, the market has been slowly recovering in 2021 and 2022, and steady expansion is anticipated for the forecast term.
The rising number of cat adoptions from shelters, streets, friends, and family has been proven to considerably drive the market for spay and neuter surgeries for cats over the study period. This market dominance is due to the many different kinds of cats. WATT Global Media published data showing that in 2022, 539,015 cats were adopted in the United States, up from 528,526 the year before. Cats' higher rate of spaying and neutering adoption can be attributed in part to the reduced cost of birth control surgery treatments for cats compared to dogs. The average cost to spay or neuter a dog was reported to be between $200 and $800 by CNET in July 2021, while the same procedure for a cat was reported to cost a mere $200.
The American Pet Products Association (APPA) estimates that in 2021, Americans would spend USD 123.6 billion on their companion animals, up from USD 103.6 billion in 2020, an increase of roughly 19%. The rising cost of pet care has affected all types of surgical treatments, including spaying and neutering. As a result of the COVID-19 pandemic, the entire pet business saw substantial expansion. There was a rise in the number of households with pets and associated spending. Several major markets implemented lockdowns during the COVID-19 epidemic. Many clinics for animals stopped doing elective procedures like neutering and spaying.
The future of the spay and neuter industry will be driven by the rising popularity of pet adoption. Adopting a pet is getting one from a shelter or rescue organisation rather than a pet store or breeder. Animals can prevent the spread of disease and the burden of having unwanted offspring by undergoing spaying or neutering. For instance, in 2021, there were around 977,202 pets adopted in the US, resulting in the highest adoption rate of 61% in the preceding six years, as reported by Chewy, Inc., a US-based online retailer of pet food and other products. Another example: in 2022, 48% of households had dogs, up from 40% in 2019, according to a national study of pets and people published in November 2022 by Animal Medicines Australia (AMA), an Australian industry organisation representing the leaders of Australia's animal health business. Approximately 70% of all U.S. families, or 90,5 million homes, have a pet, according to the APPA National Pet Owners Survey of 2021–2022. Since more animals are being adopted, the demand to spay and neuter them has increased.
Spay and neutering services are becoming increasingly popular in the United States and other affluent countries like the United Kingdom due to rising awareness programmes and the availability of low-cost spay and neutering procedures. In the 1970s, the first specialised spay-neuter clinics opened in the United States. As "neuter-before-adoption" rules were instituted by shelters and veterinary colleges developed training programmes to guide efficient surgical techniques, the practise of sterilisation gained widespread acceptance by the 1990s. Furthermore, the American Veterinary Medical Association (AVMA) reports that spaying and neutering are among the most prevalent surgical operations for cats and dogs in the United States.
Report Coverage
Global Spay And Neuter research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Spay And Neuter report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Spay And Neuter competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Spay And Neuter market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | CVS Group Plc, VetPartners Group Limited, Ethos Veterinary Health LLC, PetIQ, Covetrus, Inc., Zoetis Inc., VCA Animal Hospitals, Veritas Veterinary Partners, AniCura AB, and Dash Solutions. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Spay And Neuter Market from 2021 to 2030.
- Market Forecast for Spay And Neuter Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Spay And Neuter competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Spay And Neuter
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Spay And Neuter market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Spay And Neuter market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
CVS Group Plc, VetPartners Group Limited, Ethos Veterinary Health LLC, PetIQ, Covetrus, Inc., Zoetis Inc., VCA Animal Hospitals, Veritas Veterinary Partners, AniCura AB, and Dash Solutions.
Primary Target Market
- Market Players of Spay And Neuter
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Spay And Neuter market based on the below-mentioned segments:
Global Spay And Neuter Market, By Type
Dogs
Cats
Other Animals
Global Spay And Neuter market, By Provider
Veterinary Clinics & Hospitals
Others
Global Spay And Neuter Market, By End User
Animal Welfare Groups
Pet Owners
Global Spay And Neuter market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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