Veterinary Software Market to grow at a CAGR of 6.25% from 2022 to 2027|Rising awareness about disease prevention is one of the emerging trends- Technavio

NEW YORK, July 6, 2023 /PRNewswire/ -- The veterinary software market size is set to grow by USD 184.07 million from 2022 to 2027, progressing at a CAGR of 6.25% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The rising pet population is a key factor driving the market growth. The number of domestic pets worldwide is increasing as number of people opting for adoption is rising. For example, most US households have at least one pet, usually a dog. In the US, there are significantly more dogs kept compared to cats. Furthermore, Brazil and India are also witnessing a significant increase in their pet populations. The key factor for adopting pets, according to a study on the psychology of pet owners, is that it helps in improving their physical and mental health. As a result, veterinary services and veterinary visits are rapidly rising globally. Hence, these factors are expected to drive the market growth during the forecast period. -Here is an Exclusive report about Market scenarios with a historical period (2017-2021) and a forecast period (2023-2027). Download Sample Report in minutes!

The report on the veterinary software market provides a holistic update, market size and forecast, trends, growth drivers, challenges, and vendor analysis. 

The veterinary software market covers the following areas:

• Veterinary Software Market Sizing
• Veterinary Software Market Forecast
• Veterinary Software Market Analysis

Veterinary Software Market 2023-2027 - Market Dynamics

Major Trends

The rising awareness about disease prevention and pet insurance is an emerging trend in the market. The key factor for the growth is pet owners' concerns. This is due to the well-being, appearance, and health of pets. As a result, preventive healthcare for pets and other animals is becoming more popular. This includes vaccination regimens, nutrition, dental care, and other risk factor assessments. Furthermore, people are becoming more aware of these diseases, so pets are being diagnosed earlier, which improves clinical outcomes. Hence, the rising awareness among pet owners is expected to drive market growth during the forecast period.

Significant Challenges

The high cost of veterinary software is a major challenge restricting market growth. The price includes the cost of the software itself, the additional costs associated with the sale of hardware, the maintenance of servers and databases, and installation, support, add-ons, or upgrades fees. Furthermore, the price of the veterinary software depends on the end-user's preference. This software could be server-based/on-premises or cloud-based veterinary software. In addition, when using server-based/on-premises software, IT professionals' involvement is rapidly increasing in the modern veterinary team. Hence, these factors are expected to restrict the market growth during the forecast period.

Veterinary Software Market 2023-2027: Market Segmentation

The veterinary software market is segmented by product (practice management software and imaging software), deployment (on-premises and cloud-based), and geography (North America, Europe, APAC, Middle East and Africa, and South America).

• The market share growth in the practice management software segment will be significant during the forecast period. The key factor driving the growth of the segment is high consumer demand and low prices. Medical professionals support and record various protocols and standards of care, monitor patient health, track inventory, and manage treatment processes with the help of practice management software. New management software for veterinary practices has shortened the treatment time and made life easier for pet owners. Hence, these advantages are expected to drive market growth during the forecast period.

This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Companies Mentioned

• 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.

Vendor Offering

• Animal Intelligence Software Inc. - The company offers veterinary software, namely AIGenesis.
• ClienTrax - The company offers veterinary software, namely ClienTrax Veterinary Practice Management Software.
• Heska Corp. - The company offers veterinary software such as easyVET and easyIMAGE through its subsidiary VetZ GmbH.

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Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global veterinary software market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global veterinary software market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Deployment Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Practice management software - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Practice management software - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Practice management software - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Practice management software - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Practice management software - Year-over-year growth 2022-2027 (%)

• 6.4 Imaging software - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Imaging software - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Imaging software - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Imaging software - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Imaging software - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 42: Market opportunity by Product ($ million)
• Exhibit 43: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Deployment

• 7.1 Market segments
• Exhibit 44: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Deployment - Market share 2022-2027 (%)

• 7.2 Comparison by Deployment 
• Exhibit 46: Chart on Comparison by Deployment
• Exhibit 47: Data Table on Comparison by Deployment

• 7.3 On-premise - Market size and forecast 2022-2027 
• Exhibit 48: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on On-premise - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on On-premise - Year-over-year growth 2022-2027 (%)

• 7.4 Cloud-based - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Deployment 
• Exhibit 56: Market opportunity by Deployment ($ million)
• Exhibit 57: Data Table on Market opportunity by Deployment ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027 
• Exhibit 87: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 91: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 France - Market size and forecast 2022-2027 
• Exhibit 95: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.12 China - Market size and forecast 2022-2027 
• Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 Animal Intelligence Software Inc. 
• Exhibit 111: Animal Intelligence Software Inc. - Overview
• Exhibit 112: Animal Intelligence Software Inc. - Product / Service
• Exhibit 113: Animal Intelligence Software Inc. - Key offerings

• 12.4 ClienTrax
• Exhibit 114: ClienTrax - Overview
• Exhibit 115: ClienTrax - Product / Service
• Exhibit 116: ClienTrax - Key offerings

• 12.5 DaySmart Software
• Exhibit 117: DaySmart Software - Overview
• Exhibit 118: DaySmart Software - Product / Service
• Exhibit 119: DaySmart Software - Key offerings

• 12.6 Esaote Spa
• Exhibit 120: Esaote Spa - Overview
• Exhibit 121: Esaote Spa - Product / Service
• Exhibit 122: Esaote Spa - Key offerings

• 12.7 Henry Schein Inc.
• Exhibit 123: Henry Schein Inc. - Overview
• Exhibit 124: Henry Schein Inc. - Business segments
• Exhibit 125: Henry Schein Inc. - Key news
• Exhibit 126: Henry Schein Inc. - Key offerings
• Exhibit 127: Henry Schein Inc. - Segment focus

• 12.8 Heska Corp.
• Exhibit 128: Heska Corp. - Overview
• Exhibit 129: Heska Corp. - Business segments
• Exhibit 130: Heska Corp. - Key news
• Exhibit 131: Heska Corp. - Key offerings
• Exhibit 132: Heska Corp. - Segment focus

• 12.9 Hippo Manager Software Inc. 
• Exhibit 133: Hippo Manager Software Inc. - Overview
• Exhibit 134: Hippo Manager Software Inc. - Product / Service
• Exhibit 135: Hippo Manager Software Inc. - Key offerings

• 12.10 IDEXX Laboratories Inc. 
• Exhibit 136: IDEXX Laboratories Inc. - Overview
• Exhibit 137: IDEXX Laboratories Inc. - Business segments
• Exhibit 138: IDEXX Laboratories Inc. - Key news
• Exhibit 139: IDEXX Laboratories Inc. - Key offerings
• Exhibit 140: IDEXX Laboratories Inc. - Segment focus

• 12.11 Nordhealth Ltd.
• Exhibit 141: Nordhealth Ltd. - Overview
• Exhibit 142: Nordhealth Ltd. - Product / Service
• Exhibit 143: Nordhealth Ltd. - Key offerings

• 12.12 Onward Systems Inc.
• Exhibit 144: Onward Systems Inc. - Overview
• Exhibit 145: Onward Systems Inc. - Product / Service
• Exhibit 146: Onward Systems Inc. - Key offerings

• 12.13 Petabyte Technology Inc. 
• Exhibit 147: Petabyte Technology Inc. - Overview
• Exhibit 148: Petabyte Technology Inc. - Product / Service
• Exhibit 149: Petabyte Technology Inc. - Key offerings

• 12.14 VETport LLC
• Exhibit 150: VETport LLC - Overview
• Exhibit 151: VETport LLC - Product / Service
• Exhibit 152: VETport LLC - Key offerings

• 12.15 Vetspire LLC
• Exhibit 153: Vetspire LLC - Overview
• Exhibit 154: Vetspire LLC - Product / Service
• Exhibit 155: Vetspire LLC - Key offerings

• 12.16 VIA Information Systems
• Exhibit 156: VIA Information Systems - Overview
• Exhibit 157: VIA Information Systems - Product / Service
• Exhibit 158: VIA Information Systems - Key offerings

• 12.17 Vitus Animal Health Inc. 
• Exhibit 159: Vitus Animal Health Inc. - Overview
• Exhibit 160: Vitus Animal Health Inc. - Product / Service
• Exhibit 161: Vitus Animal Health Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 162: Inclusions checklist
• Exhibit 163: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 164: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 165: Research methodology
• Exhibit 166: Validation techniques employed for market sizing
• Exhibit 167: Information sources

• 13.5 List of abbreviations
• Exhibit 168: List of abbreviations

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