Veterinary Software Market: Lack of Government Incentives
The 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 Forecasts To 2022", The veterinary software market is
projected to reach USD 594 million by 2022 from USD 442 million in 2017, at a CAGR of 6.1%.
The growth of this market is majorly driven by factors such as the rising companion animal ownership,
growing animal healthcare expenditure, growing product innovation and software integration, and the
consolidation of the veterinary healthcare industry.
Veterinary practice management software segment dominated the market in 2017
Based on product, the veterinary software market is segmented into veterinary practice management
software, veterinary imaging software, and other software. The veterinary practice management
software segment accounted for the largest share of the market in 2017.
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Exclusive small animal practices segment dominated the veterinary software market, by practice type,
in 2017
Based on practice type, the veterinary software industry 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 and is estimated to grow at the highest CAGR during
the forecast period.
North America was the largest regional veterinary software industry in 2017
In 2017, North America was the largest regional veterinary software industry for veterinary software,
followed by Europe. The high demand for veterinary software in North America can primarily be
attributed to the growing demand for quality pet care in the region. Also, the growing awareness about
veterinary software and the easy availability of veterinary software & services