The Veterinary Software Global Market Report 2023 by The Business Research Company, provides veterinary software market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Veterinary Software Global Market Report 2023, the global veterinary software market size will grow from $0.89 billion in 2022 to $0.95 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the veterinary software is expected to grow to $1.26 billion in 2027 at a CAGR of 7.2%.
The surge in spending on animal health is expected to propel the growth of the veterinary software market. Pet owners across the globe are considering their pets as part of their family and are spending equally on their health. The increase in animal spending and the growing number of pets are allowing hospitals and clinics to spend more on veterinary software to provide a seamless and customer-friendly experience.
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The veterinary software market is segmented:
1) By Product Type: Veterinary Practice Management Software, Veterinary Imaging Software, Other Product Types
2) By Type: Integrated Software, Stand-Alone Software
3) By Practice Type: Exclusive Small Animal Practices, Mixed Animal Practices, Exclusive Large Animal Practices
4) By Delivery Mode: On-premise, Cloud/Web-based
5) By End User: Hospitals/Clinics, Reference Laboratories
Technological advancements are a key trend gaining popularity in the veterinary software market. The companies operating in the veterinary software market are focusing on developing innovative products with advanced technologies to increase the operational capabilities of entities operating in the veterinary care sector. For instance, in January 2022, Covetrus Inc., a US-based provider of animal health products and related services, launched Covetrus Pulse, an innovative cloud-based veterinary operating system. Covetrus Pulse creates, renews, and approves the prescriptions; personalises dashboards; customises them with preferred third-party apps; and communicates with co-workers and clients through a central operating system. All of this information is stored in the cloud, through which data can be retrieved as and when required.
The veterinary software market report table of contents includes:
1. Executive Summary
2. Veterinary Software Market Characteristics
3. Veterinary Software Market Trends And Strategies
4. Veterinary Software Market – Macro Economic Scenario
5. Veterinary Software Market Size And Growth
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26. Africa Veterinary Software Market
27. Veterinary Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Veterinary Software Market
29. Veterinary Software Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Animal Intelligence Software, Inc.
- Carestream Health, Inc
- Clientrax, Ezyvet Ltd
- Finnish Net Solutions Oy
- Firmcloud Corporation, Henry Schein, Inc
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