Spay And Neuter Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 3.80 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Spay And Neuter Market Analysis
The spay and neuter market is projected to register a CAGR of 3.8% during the forecast period.
- The COVID-19 pandemic had a significant impact on the spay and neuter market. Increasing lockdown restrictions, suspension of non-essential surgeries, and shortage of trained healthcare professionals in clinics and shelters were some of the major contributors to the decrease in the spay and neutering surgeries during the pandemic. For instance, a study published by Frontiers Media S.A. in September 2022 among 212 spay-neuter clinics in the United States reported a decrease in the total number of surgeries from 1,217,240 in 2019 to 1,059,388 in 2020.
- Furthermore, increasing pet adoption during the pandemic coupled with a shortage of veterinarians is resulting in a supply-demand gap in veterinary care and appointments during the pandemic. According to an article by the Veterinary Specialty Center of Tucson in 2021, there was a sharp increase of 70% in pet adoption in the United States during the pandemic, resulting in the unavailability of slots for spaying and neutering procedures in pet clinics.
- However, the ease of lockdown restrictions, along with the reopening of animal clinics, resulted in an increasing number of spaying and neutering procedures in 2021 compared to 2020, boosting the market after the COVID-19 pandemic. The same study published by Frontiers Media S.A. in September 2022 reported that 212 spay and neuter clinics in the United States performed a total of 1,184,274 surgeries, an increase of 11.8% compared to 1,059,388 in 2020.
- Mergers and acquisitions among key players for offering better spay and neuter services to companion animals, rising initiatives by non-profit organizations for spaying and neutering shelter animals, and increasing awareness among the general population for spaying and neutering are contributing significantly to the growth of the market. For instance, 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.
- The new organization also offers free pet food pantries, restrict duplication of services, and gives easy access to animal services across the Delaware region, resulting in the increasing adoption rate of spay and neuter procedures among the general population.
- Moreover, the increasing initiatives by non-profit organizations to raise awareness for spay and neuter procedures in companion animals and their health benefits are fueling the adoption rates of these surgeries. According to an article published by Ruffle Snuffle in January 2023, World Spay Day was celebrated on 28th February 2023, with the aim of raising awareness about animal birth control and the health benefits associated with it for pets among the general population. This results in higher demand and adoption of these birth control surgeries and boosts the market's growth.
- Along with this, the availability of low-cost or free spay and neuter services offered by a number of non-profit organizations is also contributing to the growth of the market. For instance, Candid, a non-profit organization in the United States, completed approximately 27,943 spay and neuter surgeries in 2022 with minimal or no cost.
- However, certain health risks, including incontinence and tumor development in animals, are limiting the adoption rate of Spay and Neuter during the study period. Despite this, the above-mentioned factors are attributed to the growing demand and adoption of spay and neuter surgeries during the study period and have been instrumental in the growth of the market.
Spay And Neuter Market Trends
Cat Segment is Anticipated to Contribute a Significant Share of the Market
- During the study period, spay and neuter surgeries for cats have been found to contribute significantly to the market, driven by the increasing number of cat adoptions from shelters, streets, friends, and family. This dominance in the market can be attributed to the various species of cats. For instance, a report by WATT Global Media showed that approximately 539,015 cats were adopted in 2022 in the United States, a significant increase from 528,526 in 2021.
- Furthermore, the lower cost of birth control surgery procedures for cats as compared to dogs is also fueling the adoption rate of spaying and neutering for cats. According to an article published by CNET in July 2021, the average cost of spaying or neutering a dog ranged from USD 200 to USD 800, whereas it was only USD 200 for cats.
- Therefore, taking into account the aforementioned factors, the cat segment is expected to capture a significant market share during the study period.
North America Contributed to the Largest Market Share During the Forecast Period
- North America holds a dominant position in the global spay and neuter market. This is due to the increasing number of pet parents and rising awareness of spay and neuter techniques, leading to a growing number of surgeries. For example, a 2023 article by PetKeen reported that 54% of millennials in Canada identified as pet parents, leading to a rise in the number of pets in households and subsequently increasing the number of spay and neuter surgeries.
- The growing demand for surgical procedures in the region is further exemplified by data from the Ontario SPCA in 2021, which showed a significant increase in spay and neuter surgeries compared to the previous year. The organization reported 482 female dog spays, 1166 female cat spays, 551 male dog neuters, and 969 male cat neuters. This trend is anticipated to continue fueling market growth in North America in the near future.
Spay And Neuter Industry Overview
The spay and neuter market is fragmented and comprises numerous players. Currently, a few major players dominate the market in terms of market share. These include Companions Spay & Neuter, Petco Animal Supplies, Inc., Naoi Animal Hospital, Houston Humane Society, and East Valley Veterinary Clinics, among others.
Spay And Neuter Market Leaders
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Companions Spay & Neuter
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Petco Animal Supplies, Inc.
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Naoi Animal Hospital
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Houston Humane Society
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East Valley Veterinary Clinics
*Disclaimer: Major Players sorted in no particular order
Spay And Neuter Market News
- March 2022: The Willamette Humane Society and Oregon Humane Society collaborated to offer advanced services and technology, including spaying and neutering, for community cats and dogs in the United States. The collaboration between the Willamette Humane Society and Oregon Humane Society is part of their joint efforts to address the challenges of pet overpopulation and improve animal welfare. The collaboration allows the organizations to leverage their resources and expertise to provide high-quality spay and neuter services to pet owners in their respective regions. In addition to spay and neuter services, the collaboration offers other veterinary services such as vaccinations, microchipping, and dental care.
- February 2021: The Auburn Valley Humane Society and Northwest Spay and Neuter Center collaborated to provide spaying and neutering services at a comparatively low cost in the United States. The partnership between Auburn Valley Humane Society and Northwest Spay and Neuter Center aims to provide affordable spaying and neutering services to pet owners in Washington state. The collaboration offers low-cost services to income-qualified pet owners and provides education on the importance of spaying and neutering to prevent pet overpopulation. The partnership also focuses on reducing feral and free-roaming cats through a targeted trap-neuter-return program.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Mergers and Acquisition Among the Key Players
4.2.2 Availability of Support from Non-Profit Organisations
4.3 Market Restraints
4.3.1 Risks Associated with Spay and Neutering
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 By Species
5.1.1 Dogs
5.1.2 Cats
5.1.3 Others
5.2 By Providers
5.2.1 Veterinary Hospitals
5.2.2 Veterinary Clinics
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle-East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Companions Spay & Neuter
6.1.2 Petco Animal Supplies, Inc.
6.1.3 Naoi Animal Hospital
6.1.4 Houston Humane Society
6.1.5 East Valley Veterinary Clinics
6.1.6 Thornhill Veterinary Clinic
6.1.7 Suveto Veterinary Health Hospital
6.1.8 Oakdale Veterinary Group
6.1.9 Willow Rock Pet Hospital
6.1.10 Chisholm Trail Veterinary Clinic
6.1.11 Queen City Animal Hospital
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Spay And Neuter Industry Segmentation
As per the scope of this report, spaying and neutering are birth control techniques for male and female companion animals, which also assist in a longer life cycle for them.
The spay and neuter market is segmented by species (dogs, cats, and others), providers (veterinary hospitals, veterinary clinics), and geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America).
The report offers the value (in USD million) for the above segments.
| By Species | |
| Dogs | |
| Cats | |
| Others |
| By Providers | |
| Veterinary Hospitals | |
| Veterinary Clinics |
| Geography | ||||||||
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Frequently Asked Questions
What is the current Spay and Neuter Market size?
The Spay and Neuter Market is projected to register a CAGR of 3.80% during the forecast period (2024-2029)
Who are the key players in Spay and Neuter Market?
Companions Spay & Neuter, Petco Animal Supplies, Inc., Naoi Animal Hospital, Houston Humane Society and East Valley Veterinary Clinics are the major companies operating in the Spay and Neuter Market.
Which is the fastest growing region in Spay and Neuter Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Spay and Neuter Market?
In 2024, the North America accounts for the largest market share in Spay and Neuter Market.
What years does this Spay and Neuter Market cover?
The report covers the Spay and Neuter Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Spay and Neuter Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Spay and Neuter Industry Report
Statistics for the 2024 Spay And Neuter market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Spay And Neuter analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
