Veterinary Practice Management Software Market is projected to reach USD 483.2 million by 2018


Posted September 23, 2019 by venkatapbi

The Veterinary Practice Management Software Market was valued around US$ 483.2 Mn by 2018 and growing at a significant CAGR of 6.4% over next seven years 2019-2025
 
Veterinary Practice Management Software Market Size and Growth Rate:

“The Veterinary Practice Management Software Market was valued around US$ 483.2 Mn by 2018 and growing at a significant CAGR of 6.4% over next seven years 2019-2025 due to rising awareness regarding animal health globally”

Veterinary Practice Management Software Market Growth Drivers and Restraints:

The global veterinary practice management software market accounted for US$ 483.2 Mn in 2018 and burgeoning over the forthcoming years. Some of the key factors fostering the market growth include product innovation and software integration in the veterinary healthcare, increasing animal health expenditure, growing number of veterinary surgeon, adoption of information systems in the veterinary healthcare, rising demand for animal food as there is an increase in animal population and increasing prospects for practice management. However, lack of government encouragements for software acceptance, high cost of the instruments and lack of technologically trained veterinarians are major factors inhibiting the market growth. In addition, penetration in developing economies through education and training provides huge growth opportunity for the market.

Browse More Details of the report @ https://www.precisionbusinessinsights.com/market-reports/global-veterinary-practice-management-software-market/

Cloud Based dominate the Global Veterinary Practice Management Software Market

Based on delivery mode, global veterinary practice management software market is segmented into cloud based, web based and others. Cloud Based held considerable market growth during estimated period. Cloud-based veterinary practice management software makes life at the practice easier through the enhancement of client and care processes. Cloud is far more than a record-keeping system and can be accessed anywhere and anytime. It is a powerful veterinary practice management tool, which will help to make customers happier and develop business. Cloud helps vets in all sectors of the veterinary profession including hundreds of first opinion practices, farm and equine vets as well as large referral and university hospitals. For instance, in May 2018, Cornell University College of Veterinary Medicine partnered with ezyVet to use the firm’s cloud-hosted veterinary practice management software (PMS).

North America Leads the Global Veterinary Practice Management Software Market:

PBI’s global veterinary practice management software market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. North America accounted for larger revenue share in global veterinary practice management software market with considerable CAGR. The growth in this region can be attributed to growing awareness about veterinary software, enhanced healthcare IT infrastructure, rising animal companion acceptance, increasing per capita animal healthcare spending’s and growing quality pet care demand. Further, Asia Pacific held considerable market share during estimated period owing to rising demand of animal derived food product and increasing pet adoption in the region.


Strategic Acquisitions are the Key Strategies Adopted by Market Players:

Global veterinary practice management software market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. In Nov 2014, IDEXX Laboratories acquired Animana B.V. Animana complements the IDEXX Cornerstone® and DVMAX® practice management software offerings, extending IDEXX's full diagnostic and information management solution into European and other international markets.

Key player’s profiles in the report are Computer Fanatics Limited (New Zealand), IDEXX Laboratories, Inc. (U.S.), Patterson Companies, Inc. (U.S.), Henry Schein, Inc. (U.S.), ezyVET Limited (New Zealand), Onward Systems Inc. (U.S.), ClienTrax, Inc. (U.S.), Alisvet & InformaVet Inc. (Canada), 2i Nova, Inc.(U.S.), Eclipse Veterinary Software Ltd (UK), Animal Intelligence Software, Inc. (U.S.), Hippo Manager Software, Inc. (U.S.), Timeless Veterinary Systems, Inc. (Canada) and Firmcloud Corporation (U.S.).

Avail Sample of the report for more information @ https://www.precisionbusinessinsights.com/request-sample?product_id=17397


Detailed Segmentation of Veterinary Practice Management Software Market:

By Delivery Mode
o Cloud Based
o Web Based
o Others

By Practice Type
o Companion Animal Practices
o Mixed Animal Practices
o Equine Practices
o Food Producing Animal Practices
o Others

By End User
o Veterinary Hospitals
o Veterinary Clinics
o Research Institutions
o Other

By Geography
o North America
• U.S
• Canada
o Europe
• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
o Asia-Pacific
• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

About Us:

Precision Business Insights is one of the leading market research and management consulting firm, run by a group of seasoned and highly dynamic market research professionals with a strong zeal to offer high-quality insights.

Contact Us:

Shreya Paul
Senior Business Development Executive
Email @ [email protected]
Call @ +1-866-598-1553
Precision Business Insights
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Precision Business Insights
Country India
Categories Health
Tags veterinary practice management software market
Last Updated September 23, 2019