Veterinary Industry Summary: April 20-26, 2025

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Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

April 20-26, 2025

LAST WEEK

According to the 2025 State of Online Veterinary Care Report, veterinary telemedicine in the U.S. is expected to exceed $10 billion in revenue by 2030, with 20% of all veterinary visits being conducted through telemedicine.

The report, which is published annually by Dutch and includes information and research from consumer surveys, industry data, Vetsource, and the Veterinary Care Accessibility Project, also revealed:

  • 22% of U.S. counties have 0 veterinarians per 1,000 households, leaving 129 million Americans with limited access to veterinary care.
  • Only 9% of pet owners have tried telemedicine, but 34% are considering it for their next veterinary visit.
  • While the average veterinary visit costs more than $75, the average telemedicine visit costs $35.
  • Pet owners must wait an average of 7+ days for a typical veterinary visit, while 90% of telemedicine appointments are available within 24 hours.

Read the full report.

 

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.

 

 

+0.2%
Revenue YoY (Last Week)
-4.9%
Visits YoY (Last Week)

 

The needle on year-over-year veterinary industry revenue and visits barely budged last week. Revenue remained flat at 0.2% (up from 0.1% the week prior), and visits were -4.9% (down from -4.8% the previous week).

LAST WEEK
Months of Parasiticide Protection Dispensed

 

-7.8%
Heartworm YoY
-5.8%
Flea/Tick YoY

 

Service vs Product Revenue Breakdown

 

+1.4%
Services YoY
-3.5%
Products YoY

 

Year-over-year parasiticide purchases remained in negative territory, although they improved compared to the previous week. Heartworm climbed from -9.0% to -7.8%, and flea/tick jumped from -11.1% to -5.8%. Revenue from services was 1.4%, a slight decline from the prior week’s 1.6%, and product revenue improved from -4.8% to -3.5%.

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

 

 

+2.4%
Revenue YoY (Last 12 Months)
-2.7%
Visits YoY (Last 12 Months)

 

The rolling 14-day trendline showed gradual declines in revenue and visits since early April.

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

 

Patient Demographics

 

5,905
Practices
2.2M
Revenue per Practice
(Last 12 Months)
10.2K
Visits per Practice
(Last 12 Months)

 

With year-over-year revenue coming in at 5.9% and 5.3% respectively last week, Colorado and Massachusetts again saw more revenue growth than any other state. While no states experienced growth in year-over-year visits, Oregon and Colorado saw the smallest declines at -0.1% each.

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


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