· about 81,700 openings for animal care and service workers are projected each year, on average, over the decade. · looking ahead to 2026, veterinary care will continue to advance, and pet parents will expect access to the best treatment without worrying about cost. Should investors invest in animal health? What happens if the supply of veterinarians is insufficient? Farmers will be unable to receive care for their livestock, with risks to the nation’s food supply. The bureau of labor statistics says veterinary occupations are expected to add 51,700 new jobs and grow at a rate of 19% over the 2016–26 decade, almost 3 times faster than the 7% average projected for all occupations. Only ~4%(3) of pets are insured in the us and low levels of insurance adoption directly impact poor compliance in seeking preventative and critical care. Rising cost of care is increasing financial burden on pet parents, leading to less veterinary visits and decreasing practice volume. How many animal care & service jobs are there? · if the supply of veterinarians is insufficient, pet owners will be unable to access timely, economical care for their companion animals , especially in more remote areas. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire. · discover why a generational shift and the increased importance of pets in their owners’ lives could affect growth in pet services and products in coming years. Will the pet industry grow in 2022? · as cultural and economic forces converge, i see five key trends that will radically impact the pet health industry in 2024 and beyond.

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