Veterinary Software Market Worth 594.3 Million USD by 2022

USA - English

• India - English

PUNE, India, April 10, 2018 /PRNewswire/ --

According to a new market research report "Veterinary Software Market by Product (Practice Management, Imaging, BI, Marketing), Delivery Model (On Premise, Cloud), Practice (Small Animal, Mixed, Large, Equine, Bovine), End User (Hospitals, Clinics, ASC, Emergency) - Global Forecast to 2022", published by MarketsandMarkets™, the global market is expected to reach USD 594.3 Million by 2022 from USD 442.5 Million in 2017, at a CAGR of 6.1%. The growth of this market is mainly driven by factors such as the rising companion animal ownership, growing animal health expenditure, and growing product innovation & software integration.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Browse 126 market data Tables and 41 Figures spread through 169 Pages and in-depth TOC on "Veterinary Software Market" 

https://www.marketsandmarkets.com/Market-Reports/veterinary-software-market-186264514.html

Early buyers will receive 10% customization on this report 

The practice management segment dominated the market in 2017 

Based on product, the market is segmented into practice management software, veterinary imaging software, and other software. In 2017, practice management software segment accounted for the largest share of the Veterinary Software Market as this software reduces the possibilities of error and the overall cost of a veterinary healthcare facility.

Based on practice type, the exclusive small animal practices segment dominated the market in 2017 

Based on practice type, the Veterinary Software Market is segmented into exclusive small animal practices, mixed animal practices, and exclusive large animal practices. The exclusive small animal practices segment dominated the market in 2017. It is also expected to register the highest growth rate during the forecast period. The growth of this segment is attributed to the rising annual spending on pet care in developed countries and increasing number of small pet owners.

Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=186264514

The veterinary hospitals and referral practices segment is projected to grow at the highest CAGR during the forecast period. 

Based on end user, the market is segmented into veterinary hospitals and referral practices, clinics and ambulatory practices, and specialty & emergency hospitals. The veterinary hospitals and referral practices segment is expected to register the highest CAGR during the forecast period. This growth can be attributed to the extensive usage of veterinary software for the preparation, management, and analysis of patient databases for daily/weekly/annual animal hospital visits, monitoring veterinarians, and for easy and quick data accessing and sharing.

North America dominated the Veterinary Software Market in 2017

In 2017, North America dominated the market followed by Europe. The large share of this geographical segment is primarily attributed to the increasing government investments to the growing demand for quality pet care. Other growth factors include growing awareness about veterinary software and the easy availability of veterinary software & services in this region.

The Veterinary Software Market is fragmented, with the presence of several large as well as emerging players. Prominent players in the Veterinary Software Market include Henry Schein (US), IDEXX Laboratories (US), Patterson Companies (US), Vetter Software (US), Animal Intelligence Software (US), Timeless Veterinary Systems (Canada), Brittons Wise Computer (US), ezyVet Limited (New Zealand), FirmCloud Corporation (US), MedaNext (US), OR Technology (Oehm Und Rehbein GmbH) (Germany), VIA Information Systems (US), Hippo Manager Software (US), Finnish Net Solutions (Finland), Carestream (Canada), and ClienTrax (US). Players in this market are adopting various organic and inorganic strategies, such as product launches & upgradations, agreements, partnerships, and collaborations to widen their product portfolios and expand their presence in the market.

Know more about the Veterinary Software Market: 

https://www.marketsandmarkets.com/Market-Reports/veterinary-software-market-186264514.html

 About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets