Spay And Neuter Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR (2024 - 2029) | 3.80 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Spay And Neuter Market Analysis
The Spay And Neuter Market is expected to register a CAGR of 3.80% during the forecast period.
- Increasing pet adoption is one of the major factors expected to drive market growth over the forecast period. For instance, according to the 2023 update by Shelter Animals Count, of the animals in shelters and rescues in 2023, 4.8 million were adopted by various households.
- 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 partnered to form Humane Animal Partners (HAP) to offer temporary housing and adoption services and community services such as low-cost spay/neuter, veterinary care, and vaccination clinics.
- The new organization also offers free pet food pantries, restricts duplication of services, and gives easy access to animal services in Delaware, 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 February 28, 2023, to raise awareness about animal birth control and the health benefits associated with it for pets among the general population. This resulted in higher demand and adoption of these birth control surgeries, which is expected to boost 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 spaying and neutering. Despite this, the abovementioned factors are attributed to the growing demand for 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 Record 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 the previous year.
- Furthermore, the lower cost of birth control surgeries for cats compared to dogs is also fueling the adoption rate of spaying and neutering for cats. Also, the most common elective procedures conducted in cats are spaying and neutering. For instance, as per the article published in September 2023 in the BMC Veterinary Research Journal, researchers compared the feasibility and practicality of the ovariohysterectomy (OHE) technique in cats with/without a spay hook with respect to the surgical time, incision size, surgical variables, and intra- and postoperative pain. Thus, these studies demonstrate the utilization of spay procedures in cats, which is likely to facilitate the segment’s growth over the forecast period.
- Therefore, taking into account the aforementioned factors, the cat segment is expected to capture a significant market share during the forecast period.
North America to Register Significant 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 December 2023. Ontario SPCA's veterinary clinic services spayed/neutered 7,500 dogs and cats and administered vaccinations to over 500 animals in 2023.
- As per the same source, in 2023, a notable achievement was Ontario SPCA's accreditation by the College of Veterinarians of Ontario to operate MASH-style clinics, providing remote area companion animal mobile services. This initiative facilitated the spaying or neutering of 410 animals, a crucial service many of these animals would have otherwise missed out on.
- These crucial services not only enhance the lives of animals but also resonate with their caring owners. 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. Some of the major players have used various strategies such as expansions, agreements, joint ventures, acquisitions, and partnerships to increase their footprints in this market. These include Companions Spay & Neuter, Petco Animal Supplies Inc., Naoi Animal Hospital, Houston Humane Society, and East Valley Veterinary Clinics.
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
- January 2024: Gulf Coast Community Foundation launched Fixed Fur Life, a program for residents in George, Hancock, Harrison, Jackson, Pearl River, and Stone counties to help spay and neuter their pets at no cost. Residents in these counties can apply online for Fixed Fur Life vouchers.
- November 2023: The Maryland Department of Agriculture distributed research funding for the Spay and Neuter Grants Program. Recipients received funds to help support projects that efficiently and effectively facilitate, promote, and increase spay and neuter services for cats and dogs in Maryland.
Spay And Neuter Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption 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 Organizations
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)
5.1 By Species
5.1.1 Dogs
5.1.2 Cats
5.1.3 Other Species
5.2 By Providers
5.2.1 Veterinary Hospitals
5.2.2 Veterinary Clinics
5.3 By 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, providers, and geography. By species, the market is segmented into dogs, cats, and others. By providers, the market is segmented into veterinary hospitals and veterinary clinics. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The report offers the value (USD) for the above segments.
| By Species | |
| Dogs | |
| Cats | |
| Other Species |
| By Providers | |
| Veterinary Hospitals | |
| Veterinary Clinics |
| By Geography | ||||||||
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Spay And Neuter Market Research FAQs
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.
