Veterinary Software Market
Veterinary Software Market Size, Share & Trends Analysis Report by Product (Practice Management Software and Imaging Software), by Delivery Mode (On-premise and Cloud-Based), by Animal Type (Companion Animals and Farm Animals), and by End-User (Veterinary Hospitals and Clinics and Veterinary Reference Laboratories) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Veterinary software market is anticipated to grow at a CAGR of 7.8% during the forecast period. The Veterinary Software market has witnessed significant growth due to increase in companion animal ownership and concerns over pet health, surge in spending on animal health, and increase in need for streamlining daily tasks in veterinary hospitals. Additionally, growing awareness regarding the benefits of the use of software solutions, and focus on the efficiency and safety of livestock production is also another growth propeller. Beyond practice management optimization, veterinary software caters to the needs of veterinary professionals. Offering interfaces to animal hospitals and clinics, keeping an up-to-date drug database for veterinary pharmacies to access, streamlining and assuring industry compliance, and providing tools to promote client engagement are all veterinary software functionalities.
Segmental Outlook
The global veterinary software market is segmented based on the product, delivery mode, animal type, and end-user. Based on the product, the market is sub-segmented into practice management software and imaging software. Based on, delivery mode, the market is sub-segmented into on-premise and cloud-based. Based on animal type, the market is bifurcated into companion animals and farm animals. Based on end-user, the market is divided into veterinary hospitals and clinics and veterinary reference laboratories. Among the end-users, the veterinary hospitals and clinics sub-segment is anticipated to hold a considerable share of the market, as clinics or hospitals are primary users of veterinary software. Additionally, presence of large number of veterinary hospitals or clinics as compared to laboratories is driving the growth of this segment.
Population of Pets in Major Markets (Million)
Source- HealthforAnimals
Companion Animals Sub-Segment Is Anticipated to Hold a Prominent Share in the Global Veterinary Software Market
Among the animal type, companion animals is anticipated to hold a prominent share of the market. More than half of the global population is estimated to have a pet at home. The COVID-19 disrupted people's usual routines, resulting in social isolation and lockdowns around the globe. As a result, many people were lonely, which had a severe impact on their mental health. Thus, many people adopted companion animals during the lockdown. For instance, according to the PDSA PAW report published in June 2021, 2.0 million people in the UK owned pets between March 2020 and May 2021. The COVID-19 disrupted people's usual routines, resulting in social isolation and lockdowns around the world. As a result, many people were lonely, which had a severe impact on their mental health. Thus, many people adopted companion animals during the lockdown. For instance, according to the PDSA PAW report published in June 2021, 2.0 million people in the UK owned pets between March 2020 and May 2021 and families in the US, EU and China alone have over half a billion dogs and cats.
Regional Outlook
The global veterinary software market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the Asia-Pacific regional market is expected to grow considerably over the forecast period. The region is one of the largest livestock markets globally. Thus, it requires professional support to maintain high-quality animal food protein. To provide high-quality animal products, good livestock maintenance is required, which is facilitated by the clinics by using veterinary software.
Global Veterinary Software Market Growth by Region 2023-2030
North America is Expected to Hold a Prominent Share in the Global Veterinary Software
North America is expected to dominate the veterinary software market over the forecast period. The major factors supporting such dominance includes the rising adoption of companion animals along with the increasing per capita animal healthcare expenditure. According to the 2020–2021 National Pet Owners Survey conducted by the American Pet Products Association (APPA), around 67.0% of the US households, or 85.0 million families, owns a pet. Similarly, according to American Veterinary Medical Association (AVMA), the nation spent over $ 29.3 billion on veterinary services and care in March 2020. Therefore, the market is anticipated to have considerable expansion over the projected period in the
Furthermore, product launches owing to the high concentration of market players or manufacturers' presence is pushing adoption of strategic initiatives such as acquisitions and partnerships, accelerating the market growth. For instance, in October 2022 LifeLearn Animal Health, a provider of online software solutions for veterinary practice launched ClientEd. It is a client education resource created to save veterinary practices time and increase pet owner compliance. ClientEd has been successfully integrated into Shepherd’s veterinary practice management software.
Market Players Outlook
The major companies serving the global veterinary software market include Covetrus, Inc, Animal Intelligence Software, Patterson Companies, Inc., Antech Diagnostics, Inc., ClienTrax, DaySmart Software, Digitail Inc., and ESAOTE SPA, among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in August 2023, Hippo Manager Software, announced its strategic partnership with Aspiritech. With a focus on its development and testing strategies, Hippo Manager implemented agile methodologies and Aspiritech's quality assurance processes into its cycle. This streamlined approach will support Hippo Manager to confidently roll out new features, improving customer satisfaction and retention.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global veterinary software market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Patterson Companies, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Covetrus, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Carestream Health
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Veterinary Software Market by Product
4.1.1. Practice Management Software
4.1.2. Imaging Software
4.1.3. Other Software
4.2. Global Veterinary Software Market by Delivery Mode
4.2.1. On-Premise
4.2.2. Cloud-Based
4.3. Global Veterinary Software Market by Animal Type
4.3.1. Companion Animals
4.3.2. Farm Animals
4.4. Global Veterinary Software Market by End-User
4.4.1. Veterinary Hospitals & Clinics
4.4.2. Veterinary Reference Laboratories
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Animal Intelligence Software
6.2. Antech Diagnostics, Inc.
6.3. ClienTrax
6.4. DaySmart Software
6.5. Digitail Inc
6.6. ESAOTE SPA
6.7. Henry Schein, Inc.
6.8. Hippo Manager Software, Inc.
6.9. IDEXX Laboratories Inc.
6.10. Nordhealth
6.11. Petabyte Technology Inc.
6.12. Timeless Veterinary Systems Inc.
6.13. Vetspire LLC.
6.14. VIA Veterinary Information Systems
6.15. VitusVet
1. GLOBAL VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
2. GLOBAL PRACTICE MANAGEMENT VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL IMAGING VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL OTHER VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY DELIVERY MODE, 2022-2030 ($ MILLION)
6. GLOBAL ON-PREMISE BASED VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
7. GLOBAL CLOUD-BASED VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
8. GLOBAL VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY ANIMAL TYPE, 2022-2030 ($ MILLION)
9. GLOBAL VETERINARY SOFTWARE FOR COMPANION ANIMALS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL VETERINARY SOFTWARE FOR FARM ANIMALS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
12. GLOBAL VETERINARY SOFTWARE FOR VETERINARY HOSPITALS & CLINICS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
13. GLOBAL VETERINARY SOFTWARE FOR VETERINARY REFERENCE LABORATORIES MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
14. GLOBAL VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. NORTH AMERICAN VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
16. NORTH AMERICAN VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
17. NORTH AMERICAN VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY DELIVERY MODE, 2022-2030 ($ MILLION)
18. NORTH AMERICAN VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY ANIMAL TYPE, 2022-2030
19. NORTH AMERICAN VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
20. EUROPEAN VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
21. EUROPEAN VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
22. EUROPEAN VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY DELIVERY MODE, 2022-2030 ($ MILLION)
23. EUROPEAN VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY ANIMAL TYPE, 2022-2030 ($ MILLION)
24. EUROPEAN VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
25. ASIA-PACIFIC VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
26. ASIA-PACIFIC VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
27. ASIA-PACIFIC VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY DELIVERY MODE, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY ANIMAL TYPE, 2022-2030 ($ MILLION)
29. ASIA-PACIFIC VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
30. REST OF THE WORLD VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
31. REST OF THE WORLD VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY DELIVERY MODE, 2022-2030 ($ MILLION)
32. REST OF THE WORLD VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY ANIMAL TYPE, 2022-2030 ($ MILLION)
33. REST OF THE WORLD VETERINARY SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL VETERINARY SOFTWARE MARKET SHARE BY PRODUCT, 2022 VS 2030 (%)
2. GLOBAL PRACTICE MANAGEMENT VETERINARY SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL IMAGING VETERINARY SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL VETERINARY SOFTWARE MARKET SHARE BY DELIVERY MODE, 2022 VS 2030 (%)
5. GLOBAL ON-PREMISE BASED VETERINARY SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL CLOUD-BASED VETERINARY SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL VETERINARY SOFTWARE MARKET SHARE BY ANIMAL TYPE, 2022 VS 2030 (%)
8. GLOBAL VETERINARY SOFTWARE FOR COMPANION ANIMALS MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL VETERINARY SOFTWARE FOR FARM ANIMALS MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL VETERINARY SOFTWARE MARKET SHARE BY END-USER, 2022 VS 2030 ($ MILLION)
11. GLOBAL VETERINARY SOFTWARE FOR VETERINARY HOSPITALS & CLINICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL VETERINARY SOFTWARE FOR VETERINARY REFERENCE LABORATORIES MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL VETERINARY SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. US VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
15. CANADA VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
16. UK VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
17. FRANCE VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
18. GERMANY VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
19. ITALY VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
20. SPAIN VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
21. REST OF EUROPE VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
22. INDIA VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
23. CHINA VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
24. JAPAN VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
25. SOUTH KOREA VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
26. REST OF ASIA-PACIFIC VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
27. REST OF THE WORLD VETERINARY SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
