Veterinary Practice Software Market

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 Insights

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).

Growing awareness regarding the benefits of the use of software in veterinary practice has increased demand for veterinary practice software. The market is impacted by an increase in companion pet ownership and concerns over pet health and focus on the efficiency and safety of livestock production are the factors for growth propeller. The management of a veterinarian’s office required maintaining schedules and records for that they used efficient software for veterinary practice.

Veterinary practice management software used for treatment planning, managing patient information, scheduling, communicating with patients, and supporting back-office functions, such as accounting and payments and is used by veterinary hospitals, referral practices, and ambulatory veterinary clinics for running their daily operations in an efficient way. The increasing ownership of dogs and cats has increased demand for veterinary practice management.

US Veterinary Practice Software Market is poised to grow at a sustainable CAGR for the next forecast year.

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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

Report ID: SQMIG35G2127

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