Veterinary Industry Summary: August 6–12, 2023


Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

August 6–12, 2023


While trends in visits and revenue are remaining fairly stable, the number of practices in our data set has changed — we recently surpassed 5,000! Last week, data from 5,067 practices was included in the Veterinary Industry Tracker’s numbers.

The introduction of a mid-level veterinary practitioner position is a hot topic being debated across the country. Last week, the National Association of Veterinary Technicians in America (NAVTA) released an official response to the American Veterinary Medical Association’s (AVMA) statement against expanding scope of practice. The organization’s response included a list of seven action items for the AVMA and promoted a collaborative approach toward elevating the careers of veterinary technicians and more effectively leveraging their skillset in practice.

The mid-level practitioner is one of several potential workforce shortage solutions being discussed. Others include using technology to automate and simplify processes and improving mentorship programs to help veterinarians learn how to better utilize their support teams.

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.



Revenue YoY (Last Week)
Visits YoY (Last Week)


While year-over-year revenue was still up last week at 4.2%, it fell 1.5% from the week prior. Visits also declined, falling to -1.8% from -0.4% the previous week.

Months of Parasiticide Protection Dispensed


Heartworm YoY
Flea/Tick YoY


Service vs Product Revenue Breakdown


Services YoY
Products YoY



Parasiticide protection dispensed declined across the board last week. Heartworm fell from -1.5% the week prior to -3.3% last week, and flea/tick fell from -1.0% the previous week to -3.1% last week. While revenue from products and services was still up year over year, it declined compared to the previous week.

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



Revenue YoY (Last 12 Months)
Visits YoY (Last 12 Months)



The rolling 14-day trendline continues to show revenue and visits growth year over year trending slightly higher in 2023 than in 2022. Year-over-year revenue held steady at 6.6%, and the decline in visits improved slightly, from -2.0% to -1.9%.

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


Patient Demographics


Revenue per Practice
(Last 12 Months)
Visits per Practice
(Last 12 Months)



North Carolina and Tennessee continued to experience the highest average growth in year-over-year revenue (11.3% for North Carolina and 11.1% for Tennessee) and visits (2.6% for Tennessee and 1.7% for North Carolina) for the past 12 months.

For daily state-specific stats, please see the Premium Veterinary Industry Tracker at

*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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