Veterinary Software Market to Grow with a CAGR of 7.75% through 2029
Technological advancements in veterinary care are expected to drive the Global Veterinary Software Market growth in the forecast period, 2025-2029
According to
TechSci Research report, “Veterinary Software Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2029”, the
Global Veterinary Software Market stood at USD 849.21 million in 2023 and is
anticipated to grow with a CAGR of 7.75% through 2029. The
increasing number of pet owners globally, coupled with growing awareness about
pet health and wellness, has led to a surge in demand for veterinary services.
Pet owners are increasingly willing to invest in preventive care, diagnostics,
and specialty treatments for their animal companions, driving up veterinary
spending. Veterinary software facilitates the delivery of comprehensive care by
enabling practitioners to efficiently manage patient records, schedule
appointments, track vaccinations, and communicate with clients about their
pets' health needs. Moreover, the shift towards pet insurance and wellness
plans further incentivizes pet owners to seek regular veterinary care, creating
a favorable environment for the adoption of veterinary software solutions.
In an
increasingly competitive veterinary market, practice efficiency and workflow
optimization are paramount for maintaining profitability and delivering quality
care. Veterinary software streamlines administrative tasks such as appointment
scheduling, billing, inventory management, and client communication, allowing
practitioners to focus more on patient care and client engagement. Cloud-based
veterinary software offers the added advantage of remote accessibility,
enabling veterinarians to access patient records and manage practice operations
from anywhere, anytime. By automating routine tasks and centralizing data
management, veterinary software improves operational efficiency, reduces
errors, and enhances overall practice productivity.
The
implementation of electronic health records (EHR) systems is becoming
increasingly prevalent in the veterinary industry, driven by regulatory
requirements and the need for standardized record-keeping practices. Veterinary
software solutions provide comprehensive EHR functionality, enabling
practitioners to create, store, and manage patient records in compliance with
industry regulations. These digital records not only improve data accuracy and
accessibility but also facilitate collaboration among veterinary professionals
and specialists. Additionally, EHR systems support continuity of care by
providing a complete medical history of each patient, thereby enhancing
diagnostic accuracy and treatment outcomes.
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"Global Veterinary Software Market”
The Global Veterinary
Software Market is segmented into product, delivery mode, practice type, end-use, regional distribution, and company
Based on the end use, hospitals & clinics
emerged as the dominant segment in the global veterinary software market in
2023. Veterinary hospitals and clinics are increasingly adopting software
solutions to enhance their operations and patient care. These software systems
streamline administrative tasks, manage patient records, facilitate
communication with clients, and improve overall efficiency in delivering
veterinary services. Hospitals and clinics often require comprehensive software
that can manage various aspects of their operations, including appointment
scheduling, billing, inventory management, and electronic health records
(EHRs). Integrated veterinary software platforms that offer these
functionalities are particularly attractive to larger institutions like
hospitals and clinics. In large veterinary settings such as hospitals and
clinics, there is a significant emphasis on providing high-quality patient care
while managing a large volume of cases. Veterinary software can help optimize
workflows, reduce errors, and enable better coordination among staff members,
ultimately leading to improved patient outcomes.
Asia Pacific emerged as the fastest growing
region in the global veterinary software market in 2023. There has
been a significant rise in pet ownership across Asia Pacific countries, driven
by increasing urbanization, rising disposable incomes, and changing lifestyle
trends. This has led to higher spending on pet care, including veterinary
services. As pet ownership grows, so does the demand for efficient and modern
veterinary management solutions. There is a growing awareness about pet health
and wellness in Asia Pacific. Pet owners are increasingly seeking quality
veterinary care for their pets, including preventive services, routine
check-ups, and specialized treatments. Veterinary software helps in managing
appointments, medical records, prescriptions, and follow-up care efficiently. Asia
Pacific countries are embracing digital transformation rapidly. With increased
internet penetration, smartphone usage, and adoption of cloud-based
technologies, veterinary clinics in this region are more willing to invest in
advanced software solutions to streamline their operations and improve client
service.
Major companies
operating in Global Veterinary Software Market are:
- IDEXX Laboratories, Inc.
- Hippo Manager
Software, Inc.
- Antech Diagnostics,
Inc. (Mars, Inc.)
- Esaote SpA
- Henry Schein, Inc.
- Patterson
Companies, Inc.
- ClienTrax
- Digitail Inc
- Vetspire LLC
(Thrive Pet Healthcare)
- DaySmart Software Inc.
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“The
Global Veterinary Software Market is poised for significant growth in the
coming years. Technological advancements, including cloud computing, artificial
intelligence, and telemedicine, are revolutionizing the veterinary industry,
enhancing diagnostic capabilities, improving practice management efficiency,
and expanding access to care. Rising pet ownership rates worldwide, coupled
with increasing awareness of preventive healthcare for pets, are driving demand
for comprehensive veterinary software solutions. Moreover, the shift towards
telemedicine and remote care in response to the COVID-19 pandemic is
accelerating the adoption of innovative software platforms that facilitate
virtual consultations and remote monitoring”, said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“Veterinary Software Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Practice Management Software, Imaging Software), By Delivery Mode (On-premises, Cloud/Web-Based), By Practice Type (Small Animals, Mixed Animals, Equine, Food-producing Animals, Others), By End-use (Hospitals/Clinics, Reference Laboratories) Region and Competition 2019-2029F”,
has evaluated the future growth potential of Global Veterinary Software Market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Veterinary Software Market.
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