Veterinary Software Market Top Trends and Key Insights, Overview, Company Profiles to 2019

Veterinary software market in North America is expected to grow at the highest CAGR during the forecast period. The large share of the North American market can be attributed to the growing demand for quality pet care.

The veterinary software market is expected to reach $368.7 million by 2019 from $280.1 million in 2014, at a CAGR of 5.6%. Global veterinary software market is categorized on basis of product type, delivery model, practice type, end user, and region. Web-based/cloud-based model segment is expected to register highest growth rate in veterinary software market, by delivery model, during forecast period.

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The global veterinary software market is categorized on the basis of product type, delivery model, practice type, end user, and region. The web-based/cloud-based model segment is expected to register the highest growth rate in the veterinary software market, by delivery model, during the forecast period.

Major factors driving the growth of veterinary software market include rising companion pet ownership and care, and increasing number of veterinary practitioners. Furthermore, increasing product innovation and integration of additional functions/tools by market players for better practice outcomes is another major factor providing an impetus to the growth of this market.

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However, lack of government incentives and awareness, & reluctance to adopt new and advanced systems are expected to restrain growth of this market. Web-based/cloud-based models, and exclusive small animal practices, are expected to serve as new revenue pockets for veterinary software market in coming five years.

Prominent players in veterinary software market include Henry Schein, Inc. (U.S.), Idexx Laboratories, Inc. (U.S.), Patterson Companies, Inc. (U.S.), Britton's Wise Computer, Inc. (U.S.), Firmcloud Corporation (U.S.), Timeless Veterinary Systems, Inc. (Canada), ezyVET Limited (New Zealand), MedaNext Inc. (U.S.), and Animal Intelligence Software, Inc. (U.S.).

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In addition, company profiles comprise basic views on key players in veterinary software market and product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in near future. Comprehensive geographical and product analysis and market sizing, report also provides a competitive landscape that covers growth strategies adopted by industry players over last three years.

North America dominates global market, with the U.S. accounting for major market share and highest growth rate. Market growth will be driven by factors such as rising spending by pet owners for better care and rising number of veterinarian positions.

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