From GlobeNewswire: 2025-06-16 09:13:00

The Spay and Neuter Market was worth $2.32 billion in 2023 and is expected to reach $3.43 billion by 2032, with a CAGR of 4.44%. The US market is set to grow from $0.74 billion to $1.07 billion, driven by pet adoption and animal welfare efforts. Technological advancements and mobile clinics are also boosting the industry.

The global spay and neuter service market is expanding due to a growing companion animal population and increased awareness of pet overpopulation. Veterinary clinics hold the largest market share, while mobile units are the fastest-growing segment. The North American market dominates, but Asia-Pacific is expected to see the highest growth by 2032.

Dogs generated 60% of market revenue in 2023, with cats being the fastest-growing category due to TNR efforts. Veterinary hospitals are preferred by pet owners for spay/neuter services, while mobile units are gaining popularity for their affordability and accessibility. The industry is driven by government support and increasing public awareness.

The North American market led global revenue in 2023, with the US market set to grow significantly by 2032. Asia-Pacific is expected to see substantial growth, driven by urbanization and government-led sterilization programs. Key players like the ASPCA and PetSmart Charities are at the forefront of promoting animal sterilization programs.



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