The Vet Industry Is No Longer a Cottage Industry: The Rise of Purpose-Built Clinics
Ben Marcos - 23/09/2024
For years, veterinary practices operated as small, family-owned businesses, often tucked into retrofitted spaces, managing to provide care in modest settings. But the veterinary industry has rapidly evolved. No longer a cottage industry, it has transformed into a dynamic, thriving sector driven by innovation, specialization, and patient-centred care.
One key trend fuelling this evolution is the rise of purpose-built clinics. These modern veterinary hospitals are designed from the ground up, with state-of-the-art equipment and optimised layouts tailored specifically to the needs of veterinary professionals and their patients. Unlike traditional clinics, which often adapt residential or commercial spaces, purpose-built facilities offer specialised environments that foster better patient outcomes and operational efficiency.
With data analysis of competition, pet ownership and other property related factors we are seeing strategic locations being developed with
confidence.
The demand for advanced diagnostics, surgeries, and specialised treatments—ranging from dermatology to oncology—has soared. Also, the opportunities for veterinarians to acquire special interest skills has led to keeping a lot of the more complex treatments in house. Tele medicine and tele diagnostics are making the experience more convenient and faster for the pet parent and the veterinarian. Purpose-built clinics are rising to meet these needs by incorporating features like dedicated MRI and PET CT suites, sterile surgical theatres, and recovery rooms designed to reduce stress in pets. The pet parent can now be more engaged in their animals medical and surgical experience.
Moreover, the rise of private equity-backed veterinary groups and well organised veterinary entrepreneurs have propelled this shift. As larger organisations enter the field, they bring the capital and expertise to build clinics that align with the industry's latest advancements.
As a result, the veterinary industry is setting new standards for care, marking a shift from small, general practices to sophisticated medical centres that resemble human hospitals in their design and function. This transformation is helping veterinarians meet the growing demand for specialised, high-quality care and is a testament to the sector’s promising future.