Spay And Neuter Market Size (2024 - 2029)

The spay and neuter market is experiencing growth driven by various factors, despite challenges posed by the COVID-19 pandemic. The easing of lockdown restrictions and the reopening of clinics have led to an increase in procedures, contributing to market expansion. Mergers and acquisitions among key players, along with initiatives by non-profit organizations, are enhancing service offerings and raising awareness, further boosting market size. The availability of low-cost or free services is also attracting more pet owners, although some health risks associated with the procedures may hinder adoption rates. Overall, these elements are pivotal in shaping the market's growth trajectory.

Market Size of Spay And Neuter Industry

Spay And Neuter Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR (2024 - 2029) 3.80 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Low

Major Players

Spay And Neuter Market 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 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
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
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Spay And Neuter Market Size Summary

The spay and neuter market is experiencing a steady growth trajectory, driven by increasing awareness and initiatives aimed at controlling pet overpopulation. The market's expansion is supported by various factors, including mergers and acquisitions among key players, non-profit organizations' efforts to promote spaying and neutering, and the availability of low-cost or free services. The COVID-19 pandemic initially disrupted the market due to lockdowns and a shortage of veterinary professionals, but the easing of restrictions and reopening of clinics led to a resurgence in procedures. The market is characterized by a fragmented landscape with several major players, such as Companions Spay & Neuter and Petco Animal Supplies, Inc., leading the charge in providing these essential services.

North America holds a dominant position in the global spay and neuter market, fueled by a growing number of pet owners and heightened awareness of the benefits of these procedures. The region's market growth is further bolstered by collaborations between organizations like the Willamette Humane Society and Oregon Humane Society, which offer advanced spaying and neutering services. The cat segment, in particular, is expected to capture a significant market share due to the lower cost of procedures compared to dogs and the increasing number of cat adoptions. Despite some health risks associated with spaying and neutering, the overall demand for these surgeries continues to rise, contributing to the market's positive outlook.

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Spay And Neuter Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Mergers and Acquisition Among the Key Players

      2. 1.2.2 Availability of Support from Non-profit Organizations

    3. 1.3 Market Restraints

      1. 1.3.1 Risks Associated with Spay and Neutering

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD)

    1. 2.1 By Species

      1. 2.1.1 Dogs

      2. 2.1.2 Cats

      3. 2.1.3 Other Species

    2. 2.2 By Providers

      1. 2.2.1 Veterinary Hospitals

      2. 2.2.2 Veterinary Clinics

    3. 2.3 By Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 France

        4. 2.3.2.4 Italy

        5. 2.3.2.5 Spain

        6. 2.3.2.6 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 Australia

        5. 2.3.3.5 South Korea

        6. 2.3.3.6 Rest of Asia-Pacific

      4. 2.3.4 Middle East and Africa

        1. 2.3.4.1 GCC

        2. 2.3.4.2 South Africa

        3. 2.3.4.3 Rest of Middle East and Africa

      5. 2.3.5 South America

        1. 2.3.5.1 Brazil

        2. 2.3.5.2 Argentina

        3. 2.3.5.3 Rest of South America

Spay And Neuter Market Size FAQs

The Spay And Neuter Market is projected to register a CAGR of 3.80% during the forecast period (2024-2029)

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.

Spay And Neuter Market - Growth, Trends, Covid Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)