Veterinary Care Industry Financials

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.

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Veterinary Care industry.