Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

February 16-22, 2025

Just when you thought you were recovered from VMX, it’s time to head to Las Vegas! If you’ll be in Las Vegas for the VetPartners Annual Conference or WVC, don’t miss these opportunities:

• Dive into the data with Vetsource VP of Sales Sheri Gilmartin, CVT, and VMG President Matt Salois, PhD. Sheri and Matt will present “Understanding Today’s Trends to Proactively Plan for Tomorrow” at the VetPartners Annual Conference on Saturday, March 1, 11 a.m. PT, at the Westin Las Vegas. During her talk, Sheri will provide updated practice trends based on the complete 2024 data.
• Come meet the Vetsource team and get a free tote bag at booth 4021 in the WVC Exhibit Hall. You’ll learn how Vetsource’s solutions — Prescription Management, Payment Services, and Data Services — are helping practices drive visits and growth. Plus, find out how you can expand your care beyond the clinic walls with the Vet2Pet client engagement solution and app — at no cost to all Vetsource Prescription Management customers.

See you in Vegas!

 

Check out the Veterinary Industry Tracker for daily stats.

 

 

-2.8% Revenue YoY (Last Week)

-8.3% Visits YoY (Last Week)

 

Veterinary industry year-over-year revenue was down -2.8% last week, a drop from the previous week’s -0.8%. Visits also fell, coming in at -8.3% year over year compared to -5.4% the week prior.

 

-16.4% Heartworm YoY

-20.3% Flea/Tick YoY

 

 

-1.0% Services YoY

-9.1% Products YoY

 

Year-over-year parasiticide purchases saw further declines last week. Heartworm fell from -11.8% the previous week to -16.4% last week, while flea/tick dropped from -13.6% to -20.3% during the same time. Revenue from services was -1.0% year over year, while revenue from products was -9.1%, changes from the previous week’s respective 0.6% and -5.7%.

 

 

+2.9% Revenue YoY (Last 12 Months)

-2.4% Visits YoY (Last 12 Months)

 

The rolling 14-day trendline showed revenue and visits leveling off slightly to late-January levels.

 

 

5,638 Practices

2.2M Revenue per Practice (Last 12 Months)

10.3K Visits per Practice (Last 12 Months)

 

Three states again saw positive growth in year-over-year visits last week: Oregon (0.6%), Colorado (0.3%), and Michigan (0.2%). Massachusetts enjoyed the highest year-over-year revenue growth at 6.4%, with Colorado following closely behind at 6.3%.

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

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