Healthcare Market Research Reports and Trends

The global  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 the rising companion animal population, product innovations for better practice outcomes, rising demand for pet insurance, and the consolidation of the veterinary healthcare industry. Some of the key players operating in the veterinary software market include Henry Schein, Inc. (US), IDEXX Laboratories, Inc. (US), Patterson Companies, Inc. (US), Vetter Software, Inc. (US), and Animal Intelligence Software, Inc. (US). To know about the assumptions considered for the study  download the pdf brochure Henry Schein (US) dominated the global veterinary software market in 2016. The leading position of the company can be attributed to its exhaustive product portfolio and strong geographic presence. Additionally, Henry Schein is a well-established company and one o...

Rising companion animal ownership and demand for pet insurance with growing animal health expenditure are some of the major factors responsible for driving this market. Moreover, growing product innovation and software integration by market players to help their clients with better practice outcomes, and the growing consolidation of the veterinary healthcare industry are other prominent factors that are likely to propel the growth of  Veterinary Software Market . The base year considered for the study is 2017, and the forecast has been provided for the period between 2018 and 2023. Veterinary Software Market –  Market Dynamics Drivers Rising companion animal ownership Growing product innovation and integration for better practice outcomes Rising demand for pet insurance and growing animal health expenditure Growing consolidation of the veterinary healthcare industry Restraints Lack of government incentives Lack of awareness about veterinary software in develop...