Mars Inc. acquired VCA Animal Hospitals To Expand Their Services In Veterinary Services Market
The veterinary services market size is expected to grow around $125 billion by 2022 growing at compound annual growth rate (CAGR) of around 5%.
(EMAILWIRE.COM, January 03, 2019 ) The veterinary services market size is expected to grow around $125 billion by 2022 growing at compound annual growth rate (CAGR) of around 5%. The growth in the veterinary services market is mainly due to increasing penetration of pet insurance, rising pet spending, wildlife conservation and digital media marketing.
Several trends witnessed in the global pet vet market include the use of portable technology, electronic health records, insurance services aiding pet owners and specialty services.
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Merger and acquisition activity in the veterinary services market in the last three years has been at a medium level. Leading deals have included those completed by Mars Inc, VCA, CVS and Novozymes.
In January 2017, Mars Inc. acquired VCA Animal Hospitals for $7.7 billion. VCA was a chain of almost 800 animal hospitals, laboratories, and dog day care franchises, post-acquisition, the company will be integrated under Mars Petcare segment, but will operate as a separate business unit
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Several trends witnessed in the global pet vet market include the use of portable technology, electronic health records, insurance services aiding pet owners and specialty services.
Download Sample Report On Veterinary Services At https://www.thebusinessresearchcompany.com/sample.aspx?id=1855&type=smp
Merger and acquisition activity in the veterinary services market in the last three years has been at a medium level. Leading deals have included those completed by Mars Inc, VCA, CVS and Novozymes.
In January 2017, Mars Inc. acquired VCA Animal Hospitals for $7.7 billion. VCA was a chain of almost 800 animal hospitals, laboratories, and dog day care franchises, post-acquisition, the company will be integrated under Mars Petcare segment, but will operate as a separate business unit
Order Veterinary Services Market Report At https://www.thebusinessresearchcompany.com/report/veterinary-services-market
About The Business Research Company
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on Linkedin: https://in.linkedin.com/company/the-business-research-company
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results