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Veterinary Software Market Sees Promising Growth By 2025 Owing To Its Demand For Animal Health Diagnostics & Monitoring Services | Grand View Research, Inc.

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Veterinary Software Market Sees Promising Growth By 2025 Owing To Its Demand For Animal Health Diagnostics & Monitoring Services | Grand View Research, Inc.

April 23
06:56 2021
Veterinary Software Market Sees Promising Growth By 2025 Owing To Its Demand For Animal Health Diagnostics & Monitoring Services | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to recent report published by Grand View Research Inc., lockdown measures against the spread of coronavirus has affected the veterinary services. Safety practices and limited working hours tend to limit the working capacity of veterinary practitioners. Therefore, the need for veterinary software and technological assistance is likely to emerge as a new trend in veterinary industry.

The global veterinary software market size is anticipated to value at USD 696.0 million by 2025 to expand at CAGR of 8.9%. Increasing demand for Practice Management Systems (PMS) from veterinary practitioners is expected to fuel market growth. In addition, growing awareness about the benefits of use of software solutions is contributing to market growth. The animal health industry is affected by increase in companion pet ownership and concern for pet health. Growing focus on efficiency and safety of livestock production is also another growth propeller for the demand of veterinary software. Increase in willingness to pay for animal healthcare is expected to fuel the adoption of animal health diagnostics and imaging software is expected to fuel the market growth during the forecast period.

In the event of ongoing COVID-19 pandemic and lockdown measures, the government of several countries have incorporated financial support for veterinaries. This support has played a key role in keeping veterinary practices intact and available for public in times of need. For instance, in the U.S. under the Federal Protection Program (PPP) remains influential to support veterinary jobs. This will empower the vets to continue in their jobs and offer help during exigency. 

Veterinary Software Market Report Suggest:

 Veterinary Software Practice management systems held the dominant share due to benefits with its usage including medical record maintaining, billing, appointment scheduling, and follow-up of patients

The imaging software segment is anticipated to witness lucrative CAGR over the following years due to increase in investments from veterinary product manufacturers coupled with introduction of advanced solutions

Food-producing animals accounted for largest revenue share in past few years owing to increasing demand from consumers

The rise in production of animal-based food products is expected to lead to significant price reduction and help meet the increasing demand for these food products, globally. In addition, animal welfare organizations are consistently striving to achieve high food security

Reference laboratories are expected to grow with the fastest CAGR during the forecast period owing to growing demand from veterinary practitioners

The North America veterinary software market held the dominant share in the past owing to increasing number of pet owners in this region

Asia Pacific regional market is anticipated to show lucrative CAGR due to increase in number of mergers & acquisitions by established players in this region

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Veterinary Software Market Segmentation

Grand View Research has segmented veterinary software market on the basis of the product, delivery mode, practice type, end use, and region:

Veterinary Software Product Outlook (Revenue, USD Million, 2014 – 2025)

     Practice Management Software
     Imaging Software

Veterinary Software Delivery Mode Outlook (Revenue, USD Million, 2014 – 2025)

     On Premise

Veterinary Software Practice Type Outlook (Revenue, USD Million, 2014 – 2025)

     Small Animals
     Mixed Animals
     Food Producing Animals

Veterinary Software End-use Outlook (Revenue, USD Million, 2014 – 2025)

     Reference Laboratories

Veterinary Software Regional Outlook (Revenue, USD Million, 2014 – 2025)

     North America
        • Canada
        • U.S
        • Germany
        • U.K.
     Asia Pacific
        • Japan
        • China
        • India
    • Latin America
        • Brazil
        • Mexico
     Middle East & Africa
        • South Africa

List of Key Players of Veterinary Software Market

    • IDEXX Laboratories
    • Patterson Companies Inc.
    • Henry Schein Inc.
    • RxWorks

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Browse More Related Report:

Veterinary Telehealth Market Size, Share & Trends Analysis Report By Animal Type (Canine, Feline, Equine, Bovine), By Service Type (Telemedicine, Teleconsulting, Telemonitoring), By Region, And Segment Forecasts, 2021 – 2028

Animal Health Market Size, Share & Trends Analysis Report By Animal Type (Production, Companion), By Distribution Channel (E-commerce, Pharmacy), By Product (Diagnostics, Feed Additives), By End Use, And Segment Forecasts, 2021 – 2028

About Grand View Research

Grand View Research is U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
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Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States

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