Veterinary Software Market Segmentation, Challenges, Analysis and Forecast 2023-2028
According to IMARC Group latest report titled “Veterinary Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on veterinary software market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global veterinary software market size reached US$ 517.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 771.9 Million by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2023-2028.
Veterinary software is utilized by veterinarians for completing back-office functions, such as accounting and streamlining everyday operations. It assists in scheduling treatments, managing patient information, improving client relationships, etc. In line with this, veterinary software aids in creating reports, simplifying the process and elevating the efficiency of the veterinary team, following sustainable practices by reducing the use of paper, etc. Presently, numerous advanced veterinary practice management software finds extensive applications in veterinary hospitals, while scaled-down versions are used in small clinics.
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Market Trends:
The increasing prevalence of several zoonotic diseases and the escalating demand for animal health diagnostics are primarily driving the veterinary software market. Besides this, the easy availability of pet insurance, the growing utilization of animal-derived food products, and the rising number of veterinary practitioners are further stimulating the market growth. Additionally, the inflating need for supervising daily tasks in animal clinics and hospitals is augmenting the adoption of veterinary software that maintains drug databases, improves productivity, saves time, etc. This, in turn, is catalyzing the global market. Moreover, the introduction of technologically advanced software, such as cloud-based practice management systems, that are cost-effective and can be remotely shared with other veterinary practitioners for various purposes, including dual treatments, consultations, training, etc., is acting as another significant growth-inducing factor. Apart from this, these systems also help in monitoring business profitability, ordering drug inventory, accessing data from a portable device, etc., which is anticipated to fuel the veterinary software market over the forecasted period.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Animal Intelligence Software Inc.
- ClienTrax
- Covetrus Inc.
- Esaote SpA
- Henry Schein Inc.
- Hippo Manager Software Inc.
- IDEXX Laboratories Inc.
- Onward Computer Systems
- Patterson Companies Inc.
- Timeless Veterinary Systems Inc.
- Vetter Software Inc.
- VIA Information Systems
Veterinary Software Market Segmentation:
Our report has categorized the market based on region, product, delivery mode, practice type and end use.
Breakup by Product:
- Practice Management Software
- Imaging Software
- Others
Breakup by Delivery Mode:
- On-premises
- Cloud/Web-Based
Breakup by Practice Type:
- Small Animals
- Mixed Animals
- Equine
- Food-producing Animals
- Others
Breakup by End Use:
- Hospitals and Clinics
- Reference Laboratories
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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