Description
Global Veterinary Software Market Research Report—Forecast till 2027
Market Dynamics
the Global Veterinary Software Market is anticipated to exhibit a CAGR of 7.46% to surpass USD 804.94 Million during the review period. The veterinary software is an application that helps to manage the reports, invoicing and billing, appointments, and tasks, and more about the animals. The global market expansion is attributed to companion animal ownership, the increasing prevalence of animal diseases, and a rise in pet insurance with growing animal health expenditure.
The global Veterinary software market is attributed to the increase in companion animal ownership, rising prevalence of animal diseases, and a rise in pet insurance with expanding animal health expenditure. Additionally, with the increase in the number of companion animals, owners are becoming aware of their pets’ health and nutrition, and therefore seeking veterinary services is expected to create the demand for veterinary software in veterinary hospitals & clinics during the review period. However, the inadequacy of government supports for software acceptance and unwillingness to adopt the latest technologies are posing hurdles to the market growth on the country level.
Market Segmentation
Global Veterinary Software Market has been categorized based o Software Type, Deployment, Data Type, and End User.
Based on software type the Global Veterinary Software Market has been classified into practice management software, diagnostic software, inventory management software, and others.
Based on deployment type the global market has been bifurcated into on-premises and cloud-based. The data type segment divides the global veterinary software market into patient EMR (Pets), medical supplies & stock data, customer data, and others. In terms of end-use category, the global veterinary software market has been divided into veterinary hospitals & clinics, research laboratories, educational institutes, and others.
Regional Analysis
Geographically, the Global Veterinary Software Market has been studied across four major regions namely Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The Americas is expected to lead the global veterinary software market owing to the increase in companion animal ownership, rising expenditure on animal healthcare, growing prevalence of animal diseases, and the increasing number of veterinarians in the region.
Europe is estimated to contribute the second largest during the forecast period. The regional market is attributed to the increasing number of major companies such as Covetous and ezyVet that are involved in the development of veterinary software.
Asia-Pacific is anticipated to be the fastest-growing market of the global veterinary software market because the region includes rising nuclear families preferring to have pets, growing investments in clinics and care facilities by vets, and rising disposable income.
The Middle East & Africa is expected to show comparatively slow growth during the review period. The regional market is attributed to the lack of specific laws for pet ownership in the region, and less pet ownership as compared to other geographics, and ultimately less requirement of animal care in the region.
Major Players
The major competitors in the Global Veterinary Software Market are ServiceVet Technologies LLC (US), Clientrax (US), ezyVet (New Zealand), Covetrus (US), Hippo Manager Software Inc. (US), Idexx Laboratories Inc. (US), Patterson Vet Supply, Inc. (US), Vetter Software Inc. (US), OR Technology (Germany), Finnish Net Solutions (Finland), and others.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 OVERVIEW 16
1.1.1 MARKET SYNOPSIS 16
2 MARKET INTRODUCTION
2.1 SCOPE OF THE STUDY 17
2.2 RESEARCH OBJECTIVE 17
2.3 LIST OF ASSUMPTIONS 17
3 RESEARCH METHODOLOGY
3.1 OVERVIEW 19
3.2 DATA MINING 19
3.3 SECONDARY RESEARCH 20
3.4 PRIMARY RESEARCH 21
3.4.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS 21
3.4.2 BREAKDOWN OF PRIMARY RESPONDENTS 22
3.5 FORECASTING TECHNIQUES 22
3.6 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 23
3.6.1 BOTTOM-UP APPROACH 24
3.6.2 TOP-DOWN APPROACH 25
3.7 DATA TRIANGULATION 25
3.8 VALIDATION 25
4 MARKET DYNAMICS
4.1 OVERVIEW 26
4.2 DRIVERS 27
4.2.1 RISE IN COMPANION ANIMAL OWNERSHIP 27
4.2.2 GROWING PREVALENCE OF ANIMAL DISEASES 27
4.2.3 RISE IN PET INSURANCE WITH GROWING ANIMAL HEALTH EXPENDITURE 28
4.3 RESTRAINTS 29
4.3.1 LACK OF GOVERNMENT ENCOURAGEMENTS FOR SOFTWARE ACCEPTANCE 29
4.3.2 UNWILLINGNESS TO ADOPT LATEST TECHNOLOGIES 29
4.4 OPPORTUNITIES 30
4.4.1 GROWTH STRATEGIES BY KEY PLAYERS 30
5 MARKET FACTOR ANALYSIS
5.1 VALUE CHAIN ANALYSIS 31
5.1.1 INPUTS 32
5.1.2 SOFTWARE DEVELOPMENT PROCESSES 32
5.1.3 OUTPUT 32
5.1.4 MARKETING AND DISTRIBUTION 32
5.1.5 POST SELLING SERVICES 32
5.2 PORTER’S FIVE FORCES MODEL 33
5.2.1 THREAT OF NEW ENTRANTS 34
5.2.2 BARGAINING POWER OF SUPPLIERS 34
5.2.3 THREAT OF SUBSTITUTES 34
5.2.4 BARGAINING POWER OF BUYERS 34
5.2.5 INTENSITY OF RIVALRY 34
5.3 IMPACT OF COVID-19 35
5.3.1 OVERVIEW 35
5.3.2 IMPACT ON PRICING 36
5.3.3 IMPACT ON REVENUES 36
5.3.4 OPERATIONAL CHANGES 37
6 GLOBAL VETERINARY SOFTWARE MARKET, BY SOFTWARE TYPE
6.1 OVERVIEW 38
6.2 PRACTICE MANAGEMENT SOFTWARE 39
6.3 DIAGNOSTIC SOFTWARE 41
6.4 INVENTORY MANAGEMENT SOFTWARE 42
6.5 OTHERS 42
7 GLOBAL VETERINARY SOFTWARE MARKET, BY DEPLOYMENT
7.1 OVERVIEW 43
7.2 ON-PREMISE 44
7.3 CLOUD-BASED 45
8 GLOBAL VETERINARY SOFTWARE MARKET, BY DATA TYPE
8.1 OVERVIEW 46
8.2 PATIENT EMR (PETS) 47
8.3 CUSTOMER DATA 48
8.4 MEDICAL SUPPLIES & STOCK DATA 48
8.5 OTHERS 48
9 GLOBAL VETERINARY SOFTWARE MARKET, BY END USER
9.1 OVERVIEW 49
9.2 VETERINARY HOSPITALS & CLINICS 50
9.3 RESEARCH LABORATORIES 52
9.4 EDUCATIONAL INSTITUTIONS 52
9.5 OTHERS 53
10 GLOBAL VETERINARY SOFTWARE MARKET, BY REGION
10.1 OVERVIEW 54
10.2 AMERICAS 56
10.2.1 NORTH AMERICA 59
10.2.1.1 US 61
10.2.1.2 CANADA 63
10.2.2 LATIN AMERICA 65
10.3 EUROPE 68
10.3.1 WESTERN EUROPE 71
10.3.1.1 GERMANY 73
10.3.1.2 UK 75
10.3.1.3 FRANCE 77
10.3.1.4 ITALY 79
10.3.1.5 SPAIN 81
10.3.1.6 REST OF WESTERN EUROPE 83
10.3.2 EASTERN EUROPE 85
10.4 ASIA-PACIFIC 88
10.4.1 CHINA 91
10.4.2 JAPAN 93
10.4.3 INDIA 95
10.4.4 AUSTRALIA 97
10.4.5 SOUTH KOREA 99
10.4.6 REST OF ASIA-PACIFIC 101
10.5 MIDDLE EAST & AFRICA 103
10.5.1 MIDDLE EAST 105
10.5.2 AFRICA 107
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW 110
11.2 GLOBAL VETERINARY SOFTWARE MARKET: COMPANY SHARE ANALYSIS 110
11.3 COMPETITIVE BENCHMARKING 111
11.4 MAJOR GROWTH STRATEGIES IN THE GLOBAL VETERINARY SOFTWARE MARKET 112
11.5 KEY DEVELOPMENT ANALYSIS 113
11.6 THE LEADING PLAYERS IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL VETERINARY SOFTWARE MARKET 113
11.6.1 PRODUCT ENHANCEMENT 113
11.6.2 AGREEMENT 114
11.6.3 PARTNERSHIP 114
11.6.4 JOINT VENTURE 115
12 COMPANY PROFILES
12.1 SERVICEVET TECHNOLOGIES LLC 116
12.1.1 COMPANY OVERVIEW 116
12.1.2 FINANCIAL OVERVIEW 116
12.1.3 PRODUCTS/SERVICES OFFERED 116
12.1.4 KEY DEVELOPMENTS 116
12.1.5 SWOT ANALYSIS 117
12.1.6 KEY STRATEGIES 117
12.2 CLIENTRAX 118
12.2.1 COMPANY OVERVIEW 118
12.2.2 FINANCIAL OVERVIEW 118
12.2.3 SERVICES OFFERED 118
12.2.4 KEY DEVELOPMENTS 118
12.2.5 SWOT ANALYSIS 119
12.2.6 KEY STRATEGIES 119
12.3 EZYVET 120
12.3.1 COMPANY OVERVIEW 120
12.3.2 FINANCIAL OVERVIEW 120
12.3.3 SERVICES OFFERED 120
12.3.4 KEY DEVELOPMENTS 120
12.3.5 SWOT ANALYSIS 121
12.3.6 KEY STRATEGIES 121
12.4 COVETRUS 122
12.4.1 COMPANY OVERVIEW 122
12.4.2 FINANCIAL OVERVIEW 122
12.4.3 SERVICES OFFERED 123
12.4.4 KEY DEVELOPMENTS 123
12.4.5 SWOT ANALYSIS 124
12.4.6 KEY STRATEGIES 124
12.5 HIPPO MANAGER SOFTWARE INC. 125
12.5.1 COMPANY OVERVIEW 125
12.5.2 FINANCIAL OVERVIEW 125
12.5.3 PRODUCTS/SERVICES OFFERED 125
12.5.4 KEY DEVELOPMENTS 125
12.5.5 SWOT ANALYSIS 126
12.5.6 KEY STRATEGIES 126
12.6 IDEXX LABORATORIES INC. 127
12.6.1 COMPANY OVERVIEW 127
12.6.2 FINANCIAL OVERVIEW 127
12.6.3 PRODUCTS/SERVICES OFFERED 128
12.6.4 KEY DEVELOPMENTS 128
12.6.5 SWOT ANALYSIS 128
12.6.6 KEY STRATEGIES 129
12.7 PATTERSON VET SUPPLY, INC. (PATTERSON COMPANIES INC.) 130
12.7.1 COMPANY OVERVIEW 130
12.7.2 FINANCIAL OVERVIEW 130
12.7.3 PRODUCTS/SERVICES OFFERED 131
12.7.4 KEY DEVELOPMENTS 131
12.7.5 SWOT ANALYSIS 132
12.7.6 KEY STRATEGIES 132
12.8 VETTER SOFTWARE, INC. 133
12.8.1 COMPANY OVERVIEW 133
12.8.2 FINANCIAL OVERVIEW 133
12.8.3 PRODUCTS/SERVICES OFFERED 133
12.8.4 KEY DEVELOPMENTS 134
12.8.5 SWOT ANALYSIS 135
12.8.6 KEY STRATEGIES 135
12.9 OR TECHNOLOGY (OEHM UND REHBEIN GMBH) 136
12.9.1 COMPANY OVERVIEW 136
12.9.2 FINANCIAL OVERVIEW 136
12.9.3 PRODUCTS/SERVICES OFFERED 136
12.9.4 KEY DEVELOPMENTS 136
12.9.5 SWOT ANALYSIS 137
12.9.6 KEY STRATEGIES 137
12.10 FINNISH NET SOLUTIONS 138
12.10.1 COMPANY OVERVIEW 138
12.10.2 FINANCIAL OVERVIEW 138
12.10.3 PRODUCTS/SERVICES OFFERED 138
12.10.4 KEY DEVELOPMENTS 138
12.10.5 SWOT ANALYSIS 139
12.10.6 KEY STRATEGIES 139
13 APPENDIX
13.1 REFERENCES 140
13.2 RELATED REPORTS 140
