The Worldwide Veterinary Practice Management Software Industry is Expected to Reach $539.7 Million by 2028
DUBLIN, Jan. 7, 2022 /PRNewswire/ -- The "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" report has been added to ResearchAndMarkets.com's offering.
The veterinary practice management software market is expected to grow at a CAGR of 7.7% from 2021to 2028 to reach $539.7 million by 2028
Following a thorough secondary and primary research and in-depth analysis of the market scenario, the report carries out the key industry drivers, restraints, challenges, and opportunities
The growing pet & livestock population, the growing risk of developing chronic & infectious diseases in companion & livestock animals, and government initiatives to promote animal welfare are the key factors driving steady growth in the global veterinary practice management software market. Further, significant opportunities for existing market players and new entrants are provided by Emerging markets, such as India and China, due large farm animal population and the growing prevalence of zoonotic diseases.
Based on delivery mode, the on-premise segment is expected to command the largest share in this 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 expected to command the largest share in this 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 expected to command the largest share in this marketin 2021. The large share of this segment is mainly attributed to the rising number of veterinary hospitals and the growing number of veterinarians.
An in-depth analysis of the geographical scenario of the veterinary practice management software market provides detailed qualitative and quantitative insights about the five major geographies (North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region. North America is expected to command the largest share of the global veterinary practice management software marketin 2021, followed by Europe and Asia-Pacific.
The key companies 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.).
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Pet Ownership
4.2.2. Growing Livestock Population
4.2.3. Growing Risk of Developing Chronic & Infectious Diseases in Companion & Livestock Animals
4.2.4. Growing Number of Strategic Partnerships Resulting in Product Innovation and Software Integration
4.2.5. Increasing Animal Health Expenditure & Pet Insurance in Developed Countries
4.3. Restraints
4.3.1. Limited Adoption Among Small Veterinary Medical Practices
4.4. Opportunities
4.4.1. Emerging Markets
4.5. Challenges
4.5.1. Dearth of Veterinary Practitioners for Livestock Animals
4.6. Impact of COVID-19 on the Veterinary Practice Management Software Market
5. Global Veterinary Practice Management Software Market, by Delivery Mode
5.1. Introduction
5.2. On-Premise Model
5.3. Cloud/Web-Based Model
6. Global Veterinary Practice Management Software Market, by Practice Type
6.1. Introduction
6.2. Companion Animal Practices
6.3. Mixed Animal Practices
6.4. Food-Producing Animal Practices
6.5. Equine Practices
7. Veterinary Practice Management Software Market, by End User
7.1. Introduction
7.2. Veterinary Hospitals
7.3. Ambulatory Veterinary Services
7.4. Referral & Speciality Practices
8. Veterinary Practice Management Software Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. Rest of Asia-Pacific
8.5. Latin America
8.6. Middle East & Africa
9. Competitive Landscape
9.1. Introduction
9.2. Key Growth Strategies
9.3. Market Share Analysis (2020)
9.3.1. IDEXX Laboratories, Inc. (U.S.)
9.3.2. COVETRUS, INC. (U.S.)
9.3.3. Hippo Manager Software, Inc. (U.S.)
10. Company Profiles
10.1. IDEXX Laboratories, Inc.
10.1.1. Business Overview
10.1.2. Financial Overview
10.1.3. Solution Portfolio
10.1.4. Strategic Developments
10.2. COVETRUS, INC.
10.2.1. Business Overview
10.2.2. Financial Overview
10.2.3. Solution Portfolio
10.2.4. Strategic Developments
10.3. Hippo Manager Software, Inc.
10.3.1. Business Overview
10.3.2. Solution Portfolio
10.3.3. Strategic Developments
10.4. Advanced Technology Corp.
10.4.1. Business Overview
10.4.2. Solution Portfolio
10.5. VETport LLC.
10.5.1. Business Overview
10.5.2. Solution Portfolio
10.6. DaySmart Software
10.6.1. Business Overview
10.6.2. Solution Portfolio
10.6.3. Strategic Developments
10.7. AMERISOURCEBERGEN CORPORATION
10.7.1. Business Overview
10.7.2. Financial Overview
10.7.3. Solution Portfolio
10.8. Animal Intelligence Software Inc.
10.8.1. Business Overview
10.8.2. Solution Portfolio
10.9. FirmCloud Corp.
10.9.1. Business Overview
10.9.2. Solution Portfolio
10.10. ClienTrax
10.10.1. Business Overview
10.10.2. Solution Portfolio
10.11. ezofficesystems Ltd.
10.11.1. Business Overview
10.11.2. Solution Portfolio
11. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/258365
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article