The research report titled “Global Veterinary Practice Management Software Market Outlook: 2016-2021” analyzes the major drivers, restraints, opportunities, and challenges that have a long and short-term impact on the growth of veterinary practice management software market across the globe. This latest publication from Meticulous Research®states that the global veterinary practice management software market is valued $309.5 million in 2016. The market is expected to reach at $418.1 million in 2021 at a CAGR 6.2% from 2016-2021.
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This latest publication from Meticulous Research® describes major veterinary practice management software market segments and includes comprehensive analysis of market by delivery mode, practice type, and geography. The research report on the global veterinary practice management software market provides comprehensive analysis of the global market with a regional and country level analysis and helps in understanding the driving forces for the growth of this market. Market size estimates and forecasts for the period 2016 to 2021 has been provided for each segment and its sub-segment, in terms of USD million, calculating growth rates from 2016 to 2021, considering 2015 as the base year for calculations. This market is mainly driven by the increasing awareness of animal health across the globe, the rising number of veterinarians, growing animal population and demand for animal food products, and increasing animal health expenditure and pet insurance. However, high cost of instruments and lower animal health awareness in developing countries are impeding the growth of this market.
Based on the geography, the global market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America accounted for the share of the global veterinary practice management software market expected to dominate this market during the forecast period. With the substantial scope for penetration, the veterinary practice management software market in North America offers significant opportunities for the various stakeholders in this market.
The global veterinary market is mainly led by Henry Schein, Inc., IDEXX Laboratories, inc., and Patterson Companies, Inc. However, rest of the market is fragmented with the presence of many local and regional players. The other key players in the global veterinary practice management software market are ezyVET Limited, MedaNext Inc., Animal Intelligence Software, Inc., Onward Systems Inc., Firmcloud Corporation, Timeless Veterinary Systems, Inc., Computer Fanatics Limited (Vetlink), Hippo Manager Software, Inc., ClienTrax, Alisvet & InformaVet Inc., Eclipse Veterinary Software Ltd, 2i Nova, Inc., SpecVet Inc., and eVetPractice.com.
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