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Global Veterinary Software Market To Be Driven By The Increasing Pet Ownership In The Forecast Period Of 2021-2026

The new report by Expert Market Research titled, ‘Global Veterinary Software Market Report and Forecast 2021-2026’, gives an in-depth analysis of the veterinary software market, assessing the market supported its segments like product type, application, end-user and major regions. The report tracks the newest trends within the industry and studies their impact on the general market. It also assesses the market dynamics, covering the key demand and price indicators, along side analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size: USD 1.4 billion
  • Forecast CAGR (2021-2026): 6.1%
  • Forecast Market Size: USD 2 billion

Several factors, such as the prevalence of animal diseases, increasing companion animal ownership, and high demand for animal health monitoring and diagnostics services, are expected to contribute to the market for veterinary software growing at a significant rate during the forecast period. During the forecast period, the veterinary software industry is expected to be propelled by an increase in the number of pet owners and product innovations with the integration of advanced technologies by key market players.

Industry Definition and Major Segments

Veterinary software is a type of software that aids in the prevention, diagnosis, and treatment of animal diseases. A veterinary software system keeps track of patient information, treatment plans, and schedules. It also helps veterinarians record different care protocols, which is a crucial factor driving the growth of this segment.

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The global veterinary software market can be segmented on the basis of product type, practice type, end user and deployment.

Based on product type:

Based on type:

  • Integrated Software
  • Stand-Alone Software

Based on deployment:

Based on practice type:

  • Exclusive Small Animal Practices
  • Mixed Animal Practices
  • Exclusive Large Animal Practices 
    • exclusive equine practices
    • exclusive bovine practices

Based on end-user:

Market Trends

The veterinary software market is being driven by rising pet adoption, rising zoonotic disease prevalence, and rising demand for animal health diagnostics. The software is primarily used by veterinarians to manage patient information, treatment planning, and appointment scheduling. This software is also used for a variety of back-office functions, such as accounting and operations. Client after-care instructions, a client-patient database, billing, boarding/grooming, capturing lost charges, client communications, client reminders, electronic medical records, electronic whiteboards, inventory control, and other features are among the most common features of practise management software. It also keeps drug databases up to date, saves time, and boosts productivity.

Furthermore, the market is being propelled forward by the increasing adoption of technologically advanced software, such as cloud-based practise management systems that provide solutions for all processes on a single platform. This advanced software is cost-effective and aids in business profitability monitoring and data access from a mobile device. Over the forecast period, a number of other factors, such as rising demand for animal-derived food products and an increase in the number of veterinary practitioners, are expected to fuel market growth.

Key Market Players

The major players within the market are Carestream Health, Inc., IDEXX Laboratories, Inc. , Animal Intelligence Software, Covetrus, Inc., Vetspire – Fgspire, Inc., Timeless Veterinary Systems Inc. and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of those market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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Tags: Veterinary Software Market Demand, Veterinary Software Market Trends, Veterinary Software Market Share, Veterinary Software Market Size, Veterinary Software Market Forecast, Veterinary Software Market Analysis, Veterinary Software market

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Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.

Email: sales@expertmarketresearch.com

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Reportedtimes, PR-Wirein, Extended Distribution, Research Newswire, English

Contact Information:

Company Name: EMR Inc.

Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.

Email: sales@expertmarketresearch.com

Toll Free Number: +1-415-325-5166 | +44-702-402-5790

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.expertmarketresearch.com