Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

 

February 12-18, 2023

Check out the Veterinary Industry Tracker for daily stats.

 

 

+5.6% Revenue YoY (Last Week)

-1.9% Visits YoY (Last Week)

 

Revenue growth was up this past week at 5.6% year over year, slightly higher than the week prior. Visits are down at -1.9% year over year this past week, higher than the week before.

 

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-3.3% Heartworm YoY

+0.6% Flea/Tick YoY

+6.5% Services YoY

+3.0% Products YoY

Heartworm protection dispensed is still down, though up slightly higher than the week prior, while flea/tick protection dispensed year over year is relatively flat but higher compared to the week prior. Revenue from services was up 6.5%, slightly less than the week before, and revenue from products was up at 3.0%, higher than the preceding week.

 

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+5.3% Revenue YoY (Last 12 Months)

-3.2% Visits YoY (Last 12 Months)

The rolling 14-day trendline for revenue and visits growth year over year for the past 12 months has been fairly consistent. After some noise in early January due to the holidays, revenue and visits are trending higher than 2022 so far in 2023.

 

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4,475 Practices

2.0M Revenue per Practice (Last 12 Months)

10.7K Visits per Practice (Last 12 Months)

Maine is again the top state for year-over-year revenue growth on average for the past 12 months, with 10.5% growth.

For daily state-specific stats, please see the Premium Veterinary Industry Tracker on VeterinaryAnalytics.com.

 

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

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