1. The lack of competition in the pet medical market leads to high prices
Compared with the human medical market, the level of competition in the pet medical market appears to be low. Many cities have only a few pet hospitals, and these hospitals do not have obvious price comparisons or competitive advantages. In addition, the standardization level of pet medical services is not as good as that of human medical services, and the service comparability of medical institutions is also low. Therefore, some pet hospitals may abuse their market monopoly position and increase prices.
In actual operations, many pet hospitals may still have problems such as insufficient qualifications and low technical levels, resulting in inefficient use of drugs and equipment during the treatment process, further increasing the cost of treatment.
2. The standardization of pet medical services requires more investment
Although pet health care awareness has increased in recent years, compared with human medical services, the standardization level of pet medical services has still improved. space. With the development of science and technology, the diagnostic and treatment equipment required for medical services are becoming more and more complex. In addition, pet medical services require investment in talent to ensure that doctors understand and handle various conditions.
Investment in technology and equipment will obviously also improve the quality of patient services and sustainable development. For example, some pet hospitals have now introduced advanced diagnostic equipment and large-scale medical facilities to improve the level of their services. Due to the high investment cost of these equipment, pet medical expenses will also increase accordingly.
3. The popularity of pet insurance is not high
Most pet owners do not purchase insurance for their pets, which is another reason for the high cost of pet medical care. When a pet becomes sick or injured, it may require a variety of comprehensive tests and treatments, which can be a huge financial burden for some pet owners who cannot afford it.
If the disease is more serious, hospitalization may be required, which will consume more time and money. It is for these reasons that many pet owners may choose not to receive treatment, which will cause their pets to lose the opportunity to receive timely and effective treatment. Therefore, if more pet owners are willing to purchase pet insurance, pet medical expenses will also be appropriately controlled.