Table of Contents
1. Executive Summary
2. Market Overview
3. Veterinary Practice Consolidation Market Size and Trends 2025-2030
4. Mars Petcare Network
5. NVA and PE-Backed Roll-Ups
6. VetCor, Pathway Vet Alliance, Southern Veterinary Partners
7. IVC Evidensia and European Consolidation
8. Specialty and Emergency Consolidation
9. Corporate Purchasing Power
10. Supplier Negotiation Dynamics
11. Independent Practice Survival
12. M&A Activity and Valuations
13. Market Challenges and Risks
14. Competitive Landscape
15. Strategic Conclusions and Recommendations
16. Appendix

List of Tables
Table 1. Veterinary Practice Consolidation — Practice Counts 2023-2026 by Group
Table 2. Mars Petcare Network Composition
Table 3. PE-Backed Veterinary Group Portfolio
Table 4. European Veterinary Group Consolidation
Table 5. Specialty and Emergency Practice Consolidation
Table 6. Corporate vs. Independent Practice Revenue Mix
Table 7. Formulary Strategy Comparison by Group
Table 8. Animal Health Supplier Concentration in Corporate Channels
Table 9. M&A Valuations and Transaction Multiples 2023-2026
Table 10. Competitive Positioning by Veterinary Group
 

List of Figures
Figure 1. Veterinary Practice Consolidation Market Trends 2025-2030
Figure 2. Practice Count Growth by Corporate Group
Figure 3. Geographic Footprint Map — Major Veterinary Groups
Figure 4. Corporate vs. Independent Revenue Share
Figure 5. Formulary Influence on Animal Health Sales
Figure 6. M&A Activity Timeline 2023-2026
Figure 7. Valuation Multiple Trends
Figure 8. Competitive Positioning Matrix
 

Companies Profiled
Banfield Pet Hospital
BluePearl
IVC Evidensia
Linnaeus
Mars Petcare
National Veterinary Associates
Pathway Vet Alliance
Southern Veterinary Partners
VCA Animal Hospitals
VetCor