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50 of the Largest Companies with the US Veterinary Services Sector...

Research and Markets (http://www.researchandmarkets.com/reports/c35918) has announced the addition of Veterinary Services - Industry Profile to their offering.



Brief Excerpt from Industry Overview Chapter:

The US veterinary services industry includes about 20,000 veterinary centers and animal testing laboratories, with combined annual revenue of $17 billion. Veterinary Centers of America (VCA) is the largest operator of animal hospitals and testing labs. The industry is highly fragmented: the 50 largest companies hold less than 10 percent of the market. The typical veterinary services company operates a single 4,000 square foot animal hospital with a staff of ten, including two veterinarians, and has annual revenue under $1 million.



COMPETITIVE LANDSCAPE

Demand is driven mainly by the number of cats and dogs kept as pets. The profitability of an individual clinic depends on the volume of visits, since most costs are fixed, and by the range of services the practice offers. Large practices enjoy economies of scale in marketing and being able to afford costly onsite diagnostic equipment, which speeds results to animal owners. Small practices can compete by specializing or serving an exclusive geography.



PRODUCTS, OPERATIONS & TECHNOLOGY

Animal hospitals and clinics treat injuries and disease, but derive most revenue from animal health procedures like neutering and spaying, vaccinations, and regular checkups. Some animal hospitals also bath, groom, board, and provide testing services.





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For more information visit http://www.researchandmarkets.com/reports/c35918



Laura Wood

Senior Manager

Research and Markets

Fax: +353 1 4100 980

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