Patrocinado

Veterinary Software Market to grow at 6.1% CAGR

0
4KB

A new report by MarketsandMarkets projects that the global veterinary software market will grow at a compound annual growth rate (CAGR) of 6.1% from 2017 to 2022. The growth drivers include rising companion animal ownership and demand for pet insurance. However, lack of government incentives and reluctance among some veterinarians to adopt new technologies could restrain market growth.

Speak to Analyst

The veterinary software market can be segmented by product, delivery model, practice type, end user, and region. Practice management software is the largest and fastest growing product segment. This software helps vets with tasks like appointment booking, billing, medical records, and prescription management. The software reduces errors and costs, fueling its popularity.

Most customers still prefer the on-premise delivery model over cloud-based systems. On-premise systems are perceived to have lower data breach risks, more flexible bandwidth, and better customization options compared to the cloud. However, web and cloud-based systems are gaining share due to their lower upfront costs, easier upgrades, and data centralization capabilities.

Exclusive small animal practices make up the fastest growing market segment by practice type. The large and increasing number of small pet owners, coupled with higher spending on small animal vet care, is driving growth in this segment.

North America dominates the global market, holding a 60.6% share in 2017. Growing pet ownership, rising spending on quality care, increasing awareness of software benefits, and a large number of veterinarians make North America the highest growth region.

The top three companies in veterinary software are Henry Schein, IDEXX Laboratories, and Patterson Companies. Henry Schein leads with a 36.5% global market share thanks to its comprehensive portfolio and acquisitions strategy. Recent partnerships in the market include Henry Schein acquiring eVetPractice and Vetter Software partnering with Pawprint.

Speak to Analyst

In summary, increasing pet ownership and insurance are fueling rapid growth for veterinary practice management and imaging software. Web and cloud-based delivery models are gaining share. North America will see the fastest regional growth at over 6% CAGR. Major players are pursuing acquisitions and partnerships to access new capabilities and customers.

Top 10 Companies in the Tissue Diagnostics Market
Top 10 Companies in Human Capital Management Market
Top 10 Companies Leading the Patient Engagement Solutions Market
Top 10 Companies in the Blood Collection Devices Market

Patrocinado
Patrocinado
Pesquisar
Patrocinado
Categorias
Leia mais
Outro
Bacterial Disease Diagnostics Market Share Strategies Challenges To 2033
According to the Regional Research Reports, the Global Bacterial Disease Diagnostics...
Por Harshsingh 2025-02-12 10:03:24 0 3KB
Health
The Last Wish Deal – Buy Now for Immersive Fantasy Adventure
When I first discovered The Last Wish, I wasn’t expecting it to be the kind of immersive...
Por healthbyUSA_13 2025-11-01 09:04:39 0 463
Outro
UAE & Saudi Arabia Renewable Drone Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2024-2032) | UnivDatos Market Insights
In the pursuit of sustainable and eco-conscious solutions, the United Arab Emirates (UAE) and...
Por univdatos123 2024-11-25 12:44:46 0 3KB
Outro
Tipper Body Equipment Market Revenue Forecast: Growth, Share, Value, Size, and Insights
"Executive Summary Tipper Body Equipment Market Size and Share: Global Industry...
Por shwetakadam 2025-09-30 07:43:23 0 563
Health
Bioprocess Bags Market: Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2025 - 2032
The global Bioprocess Bags Market was valued at USD 3.50 billion in 2023 and is...
Por HealthInsider 2025-09-11 15:02:17 0 1KB
Patrocinado
TikTikTalk https://tiktiktalk.com