What is the global market size of Veterinary Practice Software Market?

Global Veterinary Practice Software Market size was valued at USD 394.09 million in 2021 and is poised to grow from USD 436.26 million in 2022 to USD 983.84 million by 2030, growing at a CAGR of 10.7% in the forecast period (2023-2030).

Veterinary Practice Software Market Size, Share, Growth Analysis, By Product(Practice Management Software, Imaging Software.), By Delivery mode(On-premise, Cloud/Web-based.), By Practice Type(Small Animals, Mixed Animals, Equine, Food-producing Animals.), By End Use(Hospitals/Clinics, Reference Laboratories.), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35G2127 | Region: Global | Published Date: July, 2024
Pages: 157 | Tables: 115 | Figures: 77

Veterinary Practice Software Market Dynamics

Veterinary Practice Software Market Driver

Rising Pet ownership

The number of pet owners has increased significantly across the world which is driving the used of software in veterinary practice management. The increasing number of pets are creating demand for the veterinary practice software which is for keep records tract and diary operations.

Veterinary Practice Software Market Restraint

Lack of Government incentives

The veterinary software market has minimum support from governments across the world wide are restrains the market growth. Government are not providing sufficient Incentives or funding provided for implementing veterinary software which results slow adoption rate of veterinary software for small vendors to break even in the market.

Veterinary Practice Software Market Report Snapshots

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Veterinary Practice Software Market size was valued at USD 394.09 million in 2019 and is poised to grow from USD 436.26 million in 2023 to USD 983.84 million by 2031, growing at a CAGR of 10.7% in the forecast period (2024-2031).

Veterinary practice software market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'IDEXX Laboratories, Inc.', 'Patterson Companies, Inc.', 'Henry Schein, Inc.', 'Vetter Software, Inc.', 'VetPartners, Inc.', 'Vetstoria Limited', 'Hippo Manager Software, Inc.', 'ezyVet Limited', 'VetBadger LLC', 'Covetrus, Inc.', 'Vetport', 'Veterinary Software Associates', 'Vetech Software', 'VIA Information Systems', 'VetBlue', 'VetSentry, Inc.', 'Animal Intelligence Software, Inc.', 'VetOfficeSuite', 'Provet Cloud', 'RxWorks Pty Ltd.'

The number of pet owners has increased significantly across the world which is driving the used of software in veterinary practice management. The increasing number of pets are creating demand for the veterinary practice software which is for keep records tract and diary operations.

The use of advance Technology in software to management of veterinary practice are increased trends for adoption of veterinary practice management software. The Market growth is increased due to need of veterinary practice software to manage daily operation like after care instructions for clients, client-patient database, billing, boarding/grooming.

North America dominated the market and held the largest revenue share of over 40.30% in 2021. The presence of well-established companies, advanced healthcare IT infrastructure in North America help increase demand for veterinary practice management software. The high spending capacity of pet owners have increased the revenue share of this segment. The increasing volume of pet health organizations is expected to boost the market growth in this region.

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Veterinary Practice Software Market Dynamics

Veterinary Practice Software Market Report Snapshots

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