NEW YORK, March 11, 2024 /PRNewswire/ — The global veterinary software market size is estimated to grow by USD 184.07 mn from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 6.25% during the forecast period. The market is growing, and the chances of new entrants cannot be overlooked. The market has experienced expansion due to the growing number of pet owners and the increasing adoption of pets, particularly dogs, in countries like the US and China. The major vendors have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products. Veterinary Software Market report includes information on the product launches, sustainability, and prospects of leading vendors including Animal Intelligence Software Inc., Brittons Wise Computer Inc., Carestream Health Inc., ClienTrax, DaySmart Software, Esaote Spa, FirmCloud Corp., Henry Schein Inc., Heska Corp., Hippo Manager Software Inc., IDEXX Laboratories Inc., Nordhealth Ltd., Oehm und Rehbein GmbH, Onward Systems Inc., Petabyte Technology Inc., Timeless Veterinary Systems Inc., VETport LLC, Vetspire LLC, VIA Information Systems, Vitus Animal Health Inc. .
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Veterinary Software Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.25% |
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Market growth 2023-2027 |
USD 184.07 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
5.33 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
North America at 40% |
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Key countries |
US, China, Germany, UK, and France |
Drivers
The Veterinary Software Market encompasses the use of medical software in veterinarian practices for managing administrative activities, patient records, scheduling, invoicing, and treatments. Key market players offer Practice Management Systems (PMS), including Covetrus’s Veterinary Practice Management (VPM) Solutions, Ascend, and Shepherd Veterinary Software. Product innovations include cloud-based software, veterinary PMS, veterinary imaging software, and consumer preferences for automation capabilities and patient communication. Market outlook is positive with product launches from Weave, Patterson Veterinary’s NaVetor veterinary cloud software, and others addressing consumer demand for streamlined clinical visits and payments. The market is segmented into on-premises and web/cloud-based delivery models.
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Segment Analysis
- Product Outlook (USD Million, 2017 – 2027)
- Practice management software
- Imaging software
- Deployment Outlook (USD Million, 2017 – 2027)
- On-premise
- Cloud-based
- Region Outlook (USD Million, 2017 – 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Chile
- Brazil
- Argentina
- The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others Buy the Report
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
