Veterinary Software Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

Veterinary Software Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

Veterinary Software Market Size

Veterinary Software Market size is anticipated to grow rapidly during 2024 and 2032, due to the increasing acceptance of digitalization and automation in veterinary practices. With the digital revolution transforming various industries, veterinary clinics are embracing technology to streamline their operations, enhance efficiency, and improve patient care. Digital solutions, such as practice management software, electronic health records (EHR), and telemedicine platforms, enable veterinarians to automate administrative tasks, manage patient records more efficiently, and offer remote consultations.

Veterinary Software Market Trends

There's a notable rise in the focus on preventive care & wellness of pets. Pet owners are proactive in maintaining their pets' health, leading to a surge in demand for services like wellness exams, vaccinations, and dental care. For instance, as per data by Forbes, in 2022, Americans spent $136.8 billion on their pets, marking an almost 11% increase from the previous year's $123.6 billion, indicating rising wellness trends. Veterinary practices are adapting to this trend by expanding their offerings and leveraging advanced technology to detect and address health issues early on. The shift towards preventive care is not only beneficial for pets' overall health and well-being but also presents new opportunities for veterinary practices to engage with clients and build lasting relationships. This trend will shape the veterinary software industry outlook in the coming years.

Veterinary Software Market Analysis

Veterinary Practice Management Systems (PMS) segment is set to gain traction throughout 2032, as it streamlines administrative tasks such as appointment scheduling, medical records management, billing, and inventory management, enabling veterinarians to focus more on patient care. These comprehensive software solutions offer features such as electronic health records (EHR), prescription management, and client communication tools, enhancing practice efficiency and client satisfaction.

On-premises solutions segment share is anticipated to surge by 2032, as this model provides veterinary practices with greater control over data security, customization, and integration with existing IT infrastructure. Veterinary clinics and hospitals often prefer these solutions to ensure compliance with data privacy regulations and maintain confidentiality of patient information.

Asia Pacific veterinary software market is expected to gain significant revenues by 2032, driven by the increasing pet ownership, rising awareness of pet health & wellness, and growing investments in veterinary infrastructure. Countries such as China, Japan, India, and Australia are witnessing rapid urbanization, lifestyle changes, and increasing disposable incomes, leading to a surge in demand for veterinary services and pet care products. The adoption of digital technology and e-commerce platforms for pet healthcare services is further driving the adoption of veterinary software solutions in the region.

Veterinary Software Market Share

The prominent players in the veterinary software industry are

• Idexx Laboratories Inc.
• Hippo Manager Software Inc.
• VetZ Limited
• Esaote SpA
• Henry Schein Inc.
• Patterson Companies Inc.
• ClienTrax
• VIA Information Systems
• Onward Systems Inc.
• Animal Intelligence Software
• ezyVet
• Provet Cloud
• VitusVet DaySmart Software
• NaVetor

Veterinary Software Industry News

• In August 2023, Hippo announced a latest addition to the Hippo Learning Librarya comprehensive Learning Path tailored for Veterinary Technicians and Assistants. Perfect for new team members and seasoned professionals alike, this pathway covers essential Hippo functionalities and offers a convenient refresher on less frequently used features.
   
• In October 2023, MWI Animal Health, a leading provider of cutting-edge technology solutions and services for veterinary practices, unveiled the complete integration of Shepherd Veterinary Software with MWI’s AllyDVM client engagement platform. Shepherd Veterinary Software offers a comprehensive veterinary practice information management software (PIMS), enhancing the seamless operation of veterinary practices.

What Information does this report contain?

Historical data coverage 2018 to 2023; Growth Projections 2024 to 2032.

Expert analysis industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.

6-7 year performance forecasts major segments covering applications, top products and geographies.

Competitive landscape reporting market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.