If you are new to TikTikTalk ? Your first verification mail might be in your spam folder.Check there and move it to your inbox to complete registration or account verification process..
Спонсоры
sociofans

Veterinary Software Market to grow at 6.1% CAGR

0
2Кб

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

Спонсоры
Спонсоры
Поиск
Спонсоры
Категории
Больше
Другое
Anti-Infective Agents Market, Excellent Growth Of Fintech Block Chain With Key Vendors by Fact MR
The global anti-infective agents market is expected to be worth US$ 141 Billion in fiscal year...
От akshaygorde 2025-04-09 13:00:44 0 291
Другое
Semi-Autonomous and Autonomous Truck Market: Analysis of Present and Future Growth 2030
Global Semi-Autonomous and Autonomous Truck Market Outlook: The Semi-Autonomous and...
От Amiya 2024-09-19 09:35:07 0 1Кб
Другое
Compound Semiconductor Market to Reach $55.57 Billion by 2029, Growing at 5.9% CAGR
  The compound semiconductor market is expected to grow at 5.9% CAGR from 2024 to 2030....
От Monika312 2024-08-24 07:21:20 0 1Кб
Party
Cách tính bài Baccarat
Cách tính bài Baccarat là một phần quan trọng của việc chơi...
От phocohanoi7 2023-09-13 04:03:31 0 4Кб
Networking
Ultrasonic Algae Control Machines Market will reach at a CAGR of 4.7% from to 2033
According to the Market Statsville Group (MSG), the Global Ultrasonic Algae Control Machines...
От vipinmsg 2025-04-01 15:44:25 0 522
Спонсоры