Veterinary Industry Summary: February 19-25, 2023

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Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

 

February 19-25, 2023

Check out the Veterinary Industry Tracker for daily stats.

 

LAST WEEK
Revenue per Practice
A bar graph showing revenue per practice for last week, compared to the previous year.

 

+5.1%
Revenue YoY (Last Week)
-1.9%
Visits YoY (Last Week)

 

Revenue growth was up this past week at 5.1% year over year, slightly lower than the week prior. Visits held steady at -1.9% year over year this past week, the same as the week before.

 


LAST WEEK
Months of Parasiticide Protection Dispensed
-3.5%
Heartworm YoY
-1.1%
Flea/Tick YoY
Service vs Product Revenue Breakdown
+5.8%
Services YoY
+3.0%
Products YoY

Heartworm protection dispensed is still down, slightly lower than the week prior, while flea/tick protection dispensed has fallen compared to the week prior. Revenue from services was up 5.8%, less than the week before, and revenue from products was again 3.0%, the same as the preceding week.

 


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

 

+5.5%
Revenue YoY (Last 12 Months)
-3.1%
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. Revenue and visits are still trending higher than 2022 so far in 2023.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.

 


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

 

Patient Demographics

 

4,920
Practices
2.0M
Revenue per Practice
(Last 12 Months)
10.5K
Visits per Practice
(Last 12 Months)

Maine is still 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.


Need additional stats? You got it.

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