Veterinary Software Market Size Expected to Fly High with Increased Demand | Hippo Manager Software , IDEXX Laboratories, MWI Animal Health, Patterson Companies, Petabyte Technology, Three Plus Group, Timeless Veterinary Systems

The veterinary software comprises the tools required for streamlining the daily tasks of a veterinary professional. These veterinary software primarily include veterinary practice management software and veterinary imaging software. The important features offered by them include appointment scheduling, inventory management, electronic health records management, payment portal integration, automated reminders, client communication support, veterinary image storage and management, and more. Factors such as rise in number of pet owners, increase in awareness of animal health, and rise in need for streamlining the veterinary hospitals tasks are primarily driving the growth of the global veterinary software market.

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Governmental organizations are boosting their maintenance budgets for system infrastructure while simultaneously funding initiatives for project development, modernization, and enhancement. As a result of the investments' success, ICT vendors now annually set aside funding for the growth of the online market. Global ICT exports are anticipated to increase 3.9% on average year from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. Global supply has increased by 9.5% yearly since 2009. In terms of global ICT exports in 2021, Ireland came in first place with US$ 169. 32 billion. The rankings placed China at number 4, the United States at number 2, and India at number 3. Since 2009, Brunei has increased by 228.2% year over year, while Sierra Leone has decreased by 61.7% year over year.

By 2026, European ICT Revenue is likely to increase by 1.5% annually, from US$ 1,802,413 Million in 2021 to US$ 1,933,429 Million. The European market has increased by 3.1% annually since 2016. In terms of ICT Revenue in Europe in 2021, Germany came in first place with US$ 339,074 million. Positions 2, 3, and 4 in this ranking were held by the United Kingdom, France, and Ireland, respectively. Since 2016, Malta has increased by 16.5% year over year, while Italy has decreased by 0.2%.

Further, the increase in government animal welfare initiatives across different countries and advanced technologies adoption in the veterinary industry is boosting the growth of this market. However, lack of skilled veterinary professionals to operate the veterinary software is impeding the market growth. On the contrary, increase in adoption of cloud-based technologies amongst veterinarians is expected to offer lucrative opportunities in this market.

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The global veterinary software market is segmented into product type, deployment, software type, practice type, end user, and region. By product type, it is divided into veterinary practice management software, veterinary imaging software and others. In terms of software type, it is bifurcated into integrated software and stand-alone software. Depending on deployment, it is categorized into cloud and on-premise. According to practice type, the veterinary software market is segregated into exclusive small animal practices, mixed animal practices and exclusive large animal practices. Exclusive large animal practices are further divided into equine and bovine practices. As per end user, it is fragmented into hospitals or clinics and reference laboratories. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global veterinary software market along with the current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analyses on the market size is provided in the report.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global veterinary software market from 2019 to 2027 is provided to determine the market potential.

KEY MARKET PLAYERS
- Animal Intelligence Software, Inc.
- ClienTrax
- Covetrus, Inc.
- Hippo Manager Software Inc.
- IDEXX Laboratories, Inc.
- MWI Animal Health
- Patterson Companies Inc.
- Petabyte Technology
- Three Plus Group
- Timeless Veterinary Systems
- Vetspire - fgspire, Inc.
- Vetter Software, Inc.
- VetZ GmbH
- VIA Information Systems

KEY MARKET SEGMENTS
By Product type
- Veterinary Practice Management Software
- Veterinary Imaging Software
- Others

By Type
- Integrated Software
- Standalone Software

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By Deployment
- On-premise
- Cloud

By Practice type
- Exclusive Small Animal Practices
- Mixed Animal Practices
- Exclusive Large Animal Practices
o Exclusive Equine Practices
o Exclusive Bovine Practices

By End user
- Hospitals/Clinics
- Reference Laboratories

By Region
- North America
o U.S.
o Canada
- Europe
o UK
o Germany
o France
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa

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