Spay and Neuter Market Size
With a CAGR of 4.7%, the spay and neuter market is predicted to reach USD 3.6 billion by 2032 from USD 2.2 billion now. Rising knowledge among pet owners about several advantages connected with spaying and neutering their animals explains high growth.
To get key market trends
For example, spaying and neutering not only helps to lower the pet population but also improves their health and lowers their risk of some diseases and behavioral issues. Second, the spread of mobile spay and neuter clinics has been very important in reaching a larger audience, particularly in distant places where access to veterinary treatments may be restricted, therefore promoting market development. Moreover, ongoing developments in spay and neuter surgical techniques have resulted in better methods and results, so reducing animal danger and recuperation times and so promoting the market development.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Spay and Neuter Market Size in 2022 | USD 2.2 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 4.7% |
| 2032 Value Projection | USD 3.6 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 210 |
| Tables, Charts & Figures | 297 |
| Segments covered | Animal Type, Provider, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
Usually involving cats and dogs, spaying and neutering are surgical operations carried out on animals to stop them from procreating. On female animals, spaying is the medical operation used to remove their ovaries and, most usually, their uterus. Spaying in females is technically referred to as "ovariohysterectomy". Neutering in the context of surgery on male animals is the removal of their testicles. Men's precise name for neutering is "castration."
COVID-19 Impact
It got more difficult for our animal buddies to acquire the necessary surgery during the COVID-19 epidemic. Lockdowns meant that vet clinics closed or provided just emergency services. Not enough vets and nurses were around even in an open environment. For animal shelters, who usually spay and neuter every animal they acquire, it was especially challenging. They had to cut back, though, with less staff and a deplete of qualified vets. For instance, the US's spay and neuter surgery count declined 200,000 between 2019 and 2020. That's a significant difference! Then, though, something fascinating occurred. Many began choosing pets in the second part of 2021. The need for spay and neuter operations rose once more as more animals entered households. This shift in demand allowed veterinary offices to recover and maybe provide more services. It proved that our affection for our animals never disappears even during difficult circumstances.
Spay and Neuter Market Trends
Spaying and neutering their animals is becoming more and more vital, as more people understand about. In the pet care sector, this is now a trend driven mostly by conscientious pet ownership. Spaying or neutering pets is more than just a means of avoiding undesired litters and packed animal homes. It also concerns ensuring your animal friend is healthy and content. These surgeries can reduce certain cancer risk as well as behavioral issues. Consequently, there is increasing demand for spaying and neutering as more and more pet owners and animal welfare groups discover their advantages. All of it is part of ensuring our pets lead long, healthy lives and that we help to minimize pet overpopulation.
Spay and Neuter Market Restraint
Hold on for a moment. Although spaying and neutering are excellent means to curb pet overpopulation and avoid health issues, they do have some hazards that might cause individuals to hesitate about doing them. Things could go wrong under surgery, including infections or bleeding. Furthermore, the anesthesia applied can lead to issues with breathing or perhaps death. Furthermore following surgery there is a risk of pain, edema, or infections. Furthermore, some pet owners worry that spaying or neutering could alter the nature of their animal or compromise its long-term health. The amount of spays and neuters performed has slowed down as some pet owners fear to have their animal pals corrected due to all these issues. And that somewhat stunts the expansion of the market for these offerings.
Spay and Neuter Market Analysis
Learn more about the key segments shaping this market
Regarding the market for pet surgery, dogs, cats, and all other animals predominate among the key participants. Dogs make up the largest portion of the market; these are then divided into operations for male and female dogs (neutering and spaying). With a startling 64.3% share in 2022, dogs have been the undisputed champions in this sector. There are plenty of dog enthusiasts out there, and as more people bring dogs into their homes, the demand for spaying and neutering will only be growing. These days, pet owners are also increasingly informed on the advantages of these surgeries. They understand that spaying and neutering promotes responsible pet ownership, reduces health issues for their animal companions, and helps manage the population of unwelcome animals. Not to be excluded, vets and animal welfare groups have been working tirelessly for spaying and neutering campaigns to ensure our animals receive the required treatment. The dog surgery market has been flourishing thanks to all their efforts; companies providing these services have seen a good portion of the earnings.
Learn more about the key segments shaping this market
The market for veterinary surgical instruments is divided into different types of providers, including clinics, hospitals, research centers, and universities. Veterinary clinics are like the neighborhood doctor's office for pets. They usually see a lot of patients, and they offer a wide range of services at affordable prices. That's why they've been the top choice for pet owners who need surgical procedures for their furry friends. These clinics have the latest equipment and highly trained vets, so they can take care of even the most complex surgeries. They also offer everything your pet needs before, during, and after surgery, which makes it easy and convenient for pet owners. Plus, many clinics are now offering special packages and discounts to make their services more accessible and affordable. That's why veterinary clinics are expected to keep growing and dominating the market in the future.
Looking for region specific data?
With a staggering $913.2 million, North America was clearly leading in the pet sterilizing market in 2022. And now, guess what? Over the next five years, it is predicted to keep rising steadily. Why has popularity surged? People are starting to realize, nevertheless, the value of pet health and well-being. Highly helpful are spaying and neutering, which helps to prevent unwanted litters and a plethora of later health issues. Since vets are also making these operations safer and more practical, more pet owners are choosing them. Additionally addressing the problem of pet overpopulation, animal welfare organizations and municipal governments are undertaking programs to promote pet sterilization. Not to mention the large expenditures pet owners in this area pay for their furry companions, which has surely helped this business flourish.
Spay and Neuter Market Share
Major market players operating in the spay and neuter market
- Companions Spay & Neuter
- Petco Animal Supplies, Inc.
- Animal Spay-Neuter Clinic
- East Valley Veterinary Clinic
- Naoi Animal Hospital
- Indian Street Animal Clinic
- Brown Veterinary Hospital
- Houston Humane Society
- S/Nipped Clinic
- Auburn Valley Humane Society
- Fix Long Beach
- Holt Road Pet Hospital
These industry players majorly adopt various strategies including collaborations, acquisitions, mergers, and partnerships to create a global footprint and sustain market competition.
Spay and Neuter Industry News
- In September 2022, the Delaware Humane Association (DHA) and Delaware SPCA merged together to form Humane Animal Partners (HAP) to offer a range of services, including temporary housing and adoption services, community services such as low-cost spay/neuter, veterinary care, and vaccination clinics. This strategy helped the companies to combine their expertise and expand their service portfolio.
- In February 2021, the Auburn Valley Humane Society and Northwest Spay and Neuter Center announced a collaborative merger aimed to provide spaying and neutering services at a comparatively low cost in the U.S. This strategy helped the companies to stabilize their funding streams through total animal impact.
The spay and neuter market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032, for the following segments
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By Animal Type
- Dogs
- Spaying
- Neutering
- Cats
- Spaying
- Neutering
- Other Animals
- Spaying
- Neutering
By Provider
- Veterinary clinics
- Veterinary hospitals
- Research centers and academia
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
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