Veterinary Industry Summary: May 4-10, 2025

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Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

May 4-10, 2025

LAST WEEK

The cost of veterinary care has made headlines again as authorities in the United Kingdom are considering price control and transparency regulations.

Similar to the U.S., the cost of veterinary care in the U.K. has outpaced general inflation, prompting investigations by the country’s Competition and Markets Authority (CMA). In a report released last week, the CMA outlined proposed solutions to control veterinary care costs.

Some of the CMA’s proposed remedies include:

  • Clear disclosures of practice ownership on websites and at physical practice locations
  • The creation of a national price-comparison website, potentially managed by the Royal College of Veterinary Surgeons
  • Prices or price ranges for key procedures listed on practice websites
  • Providing prescriptions to pet owners and informing them that they have the option of buying veterinary drugs outside of the practice
  • The capping or banning of prescription fees, which some practices charge clients who choose to buy medications outside of the practice

The CMA has asked for public comments to be submitted via email by May 27.

 

Check out the Veterinary Industry Tracker for daily stats.

Revenue per Practice

A bar graph showing revenue per practice for last week, compared to the previous year.

 

 

+0.3%
Revenue YoY (Last Week)
-4.7%
Visits YoY (Last Week)

 

Year-over-year veterinary industry revenue remained flat last week at 0.3%, a slight improvement compared to the previous week’s 0.0%, while visits fell from -4.4% to -4.7%.

LAST WEEK
Months of Parasiticide Protection Dispensed

 

-5.6%
Heartworm YoY
-6.0%
Flea/Tick YoY

 

Service vs Product Revenue Breakdown

 

+1.3%
Services YoY
-3.0%
Products YoY

 

Compared to the previous week, year-over-year parasiticide purchases improved last week. Heartworm jumped from -8.6% to -5.6%, and flea/tick rose from -8.0% to -6.0%. Year-over-year services revenue remained at 1.3% last week, while product revenue improved from -3.6% to -3.0%.

LAST 12 MONTHS
Growth in Revenue and Visits
A line graph showing revenue and visits per practice, for a 14 day rolling period.

 

 

+2.3%
Revenue YoY (Last 12 Months)
-2.8%
Visits YoY (Last 12 Months)

 

After showing declines for most of April, the rolling 14-day trendline revealed slight upticks in revenue and visits since April 30.

LAST 12 MONTHS
Revenue Growth by State
A U.S. map, using color shades to show revenue growth by state.

 

Patient Demographics

 

5,939
Practices
2.2M
Revenue per Practice
(Last 12 Months)
10.2K
Visits per Practice
(Last 12 Months)

 

Maine saw the most year-over-year revenue growth last week at 5.3%, while Maryland and Mississippi trailed closely behind at 5.2%. Coming in at -0.1% and -0.4% respectively, Oregon and Iowa experienced the smallest declines in year-over-year visits.

*Numbers are subject to change based on data availability and PIMS adjustments.


Need additional stats? You got it.

The Premium Veterinary Industry Tracker lets you drill into revenue categories, visit types, date ranges, states, and more.

 

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