Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

August 16-22, 2026

 

July 2026 data from Pet Business Professor(opens in new tab) shows this year’s U.S. consumer price index slowed to 3.4% from last year’s 3.5%, with total pet-related price increases (aka petflation) dropping to 3.0%.

Even with this minor dip compared to previous months, total pet ownership costs remain near record highs, at 32.2% higher than pre-pandemic levels in December 2019. Veterinary care prices rose 4.7% compared to last year and are up a massive 53.4% since 2019.

These cumulative price increases are directly influencing how clients spend money on pets. While pet owners continue to prioritize essential medical care, practice visit frequency is declining. Outside the practice, clients are cutting back on items like toys and accessories, while increasingly turning to online retailers and store-brand pet food to help ease financial pressures.

 

 

 

 

 

1.7% Revenue YoY (Last Week)

-2.7% Visits YoY (Last Week)

 

Last week, industry revenue and visits saw a slight boost compared to the week prior. Revenue rose from 1.1% to 1.7%, and visits increased from -3.3% to -2.7%.

 

-9.3% Heartworm YoY

-7.1% Flea/Tick YoY

 

 

2.8% Services YoY

-2.6% Products YoY

 

Parasiticides, services, and products steadily climbed last week compared to the week prior. Heartworm went from -9.4% to -9.3%, flea/tick rose from -7.4% to -7.1%, services slightly increased from 2.3% to 2.8%, and products saw a boost from -3.4% to -2.6%.

 

 

 

+3.4% Revenue YoY (Last 12 Months)

-2.0% Visits YoY (Last 12 Months)

 

The rolling 14-day trendline shows revenue and visits trending downward since mid-August.

 

 

 

6,488 Practices

2.2M Revenue per practice (Last 12 months)

9.7K Visits per practice (Last 12 months)

 

Oregon continues to lead revenue at 6.5%. Maine is now in second at 5.7%, with Massachusetts trailing at 5.6%.

Like last week, Oregon is the only state with positive year-over-year visits at 1.1%.

 

 

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

 

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