Veterinary Software Market Research Report Overview, Size and Analysis by Leading Market Key Players with its Applications and Type by 2032

As per the report published by The Brainy Insights, the global veterinary software market is expected to grow from USD 561.92 Million in 2022 to USD 1107.45 Million by 2032, at a CAGR of 7.02% during the forecast period 2023-2032. North America emerged as the most significant veterinary software market, with a 41.91% market revenue share in 2022. Nations such as the U.S. and Canada have a tremendous demand for veterinary software due to growing investment in the veterinary industry. The increasing investment in maintaining the quality of livestock is driving the growth of veterinary software. Further, pet owners' increasing spending on pet healthcare contributes to market growth.

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Veterinary Software Market Size by Product Type (Veterinary Imaging Software, Veterinary Practice Management Software and Others), Practice Type (Mixed Animal Practices, Small Animal Practices, Equine Practices, Bovine Practices and Food-Producing Animal Practices), Deployment Mode (Cloud and On-Premise), End-users (Reference Laboratories and Hospitals & Clinics and Ambulatory Services), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2023 to 2032

Leading companies include Hippo Manager Software, Inc., IDEXX Laboratories, Inc., VetZ Limited, Henry Schein, Esaote SpA, Inc., Patterson Companies, Inc., Genetics, ClienTrax, Onward Systems, Inc., VIA Information Systems, DaySmart Software, Provet Cloud, VitusVet, NaVetor, ezyVet, Animal Intelligence Software among others. The significant players continuously focus on new product developments and venture capital investments to obtain market share.

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The global veterinary software market has been segmented based on product type, practice type, deployment mode, end-users and region. The product type segment is divided into veterinary imaging software, veterinary practice management software and others. The veterinary practice management software segment dominated the market, with a share of around 46.92% in 2022. This software helps in supporting and recording databases for veterinary. It can be used for several applications, such as inventory tracking, resource management, billing and invoicing, treatment procedure management and inventory tracking. The practice type segment is divided into mixed animal practices, small animal practices, equine practices, bovine practices and food-producing animal practices. The food-producing animal practices segment dominated the market, with a share of around 45.19% in 2022. The growing need for maintaining livestock health is leading to the growth of veterinary software. The maintenance of information, monitoring of activities and controlling the manufacturing process are all the potential use of veterinary software in determining livestock productivity. The deployment mode segment is divided into cloud and on-premise. The cloud segment is expected to augment the market during the forecast period. The cloud-based veterinary software helps healthcare professionals to access the software from multiple locations at a time. The cloud-based software can be accessed from anywhere, and thus, this helps to increase productivity. The end-users segment is divided into reference laboratories, hospitals and & clinics, and ambulatory services. The reference laboratories segment is expected to augment the market during the forecast period. The reference laboratories pursue all scientific and technological issues connected to a specific ailment. Thus, these laboratories deploy veterinary software to streamline their operations.

The adoption of the pet has increased around the globe owing to the increasing requirement for companionship. Consumers have started to spend increasingly on their pets, which can be attributed to their increasing disposable income. The trend of pet humanization is increasing, positively influencing the market growth of veterinary software.

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