Meticulous Research® – a leading global market research company published a research report titled “Veterinary Practice Management Software Market by Delivery Mode (On-Premise, Cloud), Practice Type (Companion Animals, Mixed Animals, Food Producing, Equine), End User (Hospitals, Referral/Specialty, Ambulatory Services) - Global Forecast to 2028".
According to this latest publication from Meticulous Research®, the global veterinary practice management software market is expected to grow at a CAGR of 7.7% from 2021 to 2028 to reach $539.7 million by 2028. Increasing pet ownership, the growing risk of developing chronic & infectious diseases in companion & livestock animals, and the growing number of strategic partnerships resulting in product innovation and software integration have been considered to have a positive impact on the veterinary practice management software market. However, the dearth of veterinary practitioners for livestock animals is expected to pose a challenge in the market.
The global veterinary practice management software market study is segmented based on Delivery Mode (On-Premise and Cloud/Web-based Models), Practice Type (Companion, Mixed, Food Producing, and Equine Practices), End User (Veterinary Hospitals, Referral & Specialty Practices, and Ambulatory Veterinary Services), and Geography. The study also evaluates industry competitors and analyzes their market share at global and regional levels.
Based on delivery mode, the on-premise segment is estimated to account for the largest share of the veterinary practice management software market in 2021. The large share of this segment is mainly attributed to the advantages associated with on-premise veterinary practice management software in terms of security, complete control, and lower total cost of ownership.
Based on practice type, the companion animal practices segment is estimated to account for the largest share of the veterinary practice management software market in 2021. The large share of this segment is mainly attributed to the rising pet population, rising awareness regarding animal health, and the growing prevalence of diseases in companion animals.
Based on end user, the veterinary hospitals segment is estimated to account for the largest share of the veterinary practice management software market in 2021. The large share of this segment is mainly attributed to the rising number of veterinary hospitals and the growing number of veterinarians.
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This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Latin America, and Middle East & Africa.
The prominent players operating in the global veterinary practice management software market are IDEXX Laboratories, Inc. (U.S.), COVETRUS, INC. (U.S.), Hippo Manager Software, Inc. (U.S.), Advanced Technology Corp. (U.S.), VETport LLC. (U.S.), DaySmart Software (U.S.), AmerisourceBergen Corporation (U.S.), Animal Intelligence Software Inc. (U.S.), FirmCloud Corp. (U.S.), ClienTrax (U.S.), and ezofficesystems Ltd. (U.K.).
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