Veterinary Industry Summary: February 19-25, 2023
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
February 19-25, 2023
Check out the Veterinary Industry Tracker for daily stats.
+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.
-3.5% Heartworm YoY |
-1.1% Flea/Tick YoY |
+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.
+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.
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.
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