Veterinary Industry Summary: February 26 – March 4, 2023
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
February 26 – March 4, 2023
Check out the Veterinary Industry Tracker for daily stats.
+4.4% Revenue YoY (Last Week) |
-3.6% Visits YoY (Last Week) |
Revenue growth was up this past week at 4.4% year over year, lower than the week prior. Visits were down at -3.6% year over year this past week, lower than the week before.
-7.5% Heartworm YoY |
-6.7% Flea/Tick YoY |
+5.8% Services YoY |
+0.4% Products YoY |
Heartworm protection dispensed is still down, significantly lower than the week prior, and flea/tick protection dispensed is also much lower compared to the week prior. Revenue from services was up 5.8%, the same as the week before, and revenue from products was nearly flat, less than the preceding week.
+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. Revenue and visits are still trending slightly higher than 2022 so far in 2023.
4,601 Practices |
2.0M Revenue per Practice (Last 12 Months) |
10.6K 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 10.1% 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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