Veterinary Services Industry

NAICS: 54194

Veterinary Services Market Share: Largest Companies in the Veterinary Services Industry

Company	Headquarters	Revenue ($ MM)
NATIONAL VETERINARY ASSOCIATES	Agoura Hills, CA	100
VCA	Los Angeles, CA	65
PETVET CARE CENTERS	Rock Springs, WY	50
SOUTHERN VETERINARY PARTNERS	Birmingham, AL	46
MEDICAL MANAGEMENT INTERNATIONAL	Vancouver, WA	35
CAREVET MISSOURI	St. Louis, MO	23
MIDWEST VETERINARY PARTNERS	Novi, MI	20
MIDWEST VETERINARY PARTNERS	Southfield, MI	14
BLUEPEARL VETERINARY PARTNERS	Tampa, FL	11
WESTERN VETERINARY PARTNERS	Denver, CO	10
HEARTLAND VETERINARY PARTNERS	Chicago, IL	9
ZBS PET CARE	Rye Brook, NY	8
SUVETO	Grapevine, TX	7
ALLER VETERINARY GROUP	Philadelphia, PA	6
VETERINARY SPECIALISTS OF NORTH AMERICA	Tinton Falls, NJ	6
UNITED VETERINARY CARE	Palm Beach Gardens, FL	6
INNOVETIVE PETCARE	Austin, TX	6
BLUEPEARL MASSACHUSETTS PRACTICE ENTITY P.C.	Tampa, FL	5
BLUE RIVER PETCARE GROUP	Chicago, IL	5

This is a list of the largest companies active in the Veterinary Services industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Veterinary Services industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Veterinary Services Companies

A list of competitors in the Veterinary Services industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Veterinary Services businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Veterinary Services companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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