Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

January 18-24, 2026

The second part of the PetSmart Charities-Gallup study was released last week, revealing gaps between veterinarians and pet owners, particularly regarding financial care discussions.

The study states cost is cited as the most prominent reason pet owners decline treatment, which aligns with pet owners indicating financial concerns as the most common reason they decline care.

However, there is a disconnect in perception between veterinarians and clients. Data reveals that 81% of veterinarians say they often or always recommend an alternative plan when care is declined due to cost, while 73% of pet owners who declined care due to financial barriers report they were not offered a financially-accessible alternative option.

This new research provides deeper insights into how access and affordability have strained veterinary care for both pet owners and veterinarians.

Dr. Robyn Jaynes, director of veterinary affairs at PetSmart Charities, stated, “Veterinarians enter this field because they care deeply about the welfare of animals. They too are impacted by the rising costs of delivering care on their businesses and their own mental wellness. We’re grateful to those who contributed to this study. Their insights and engagement are critical in evolving affordable solutions that meet the needs of pet parents and for veterinarians and their teams.”

Explore key findings from the report

 

Check out the Veterinary Industry Tracker for daily stats.

 

 

 

6.1% Revenue YoY (Last Week)

3.5% Visits YoY (Last Week)

 

Veterinary industry revenue and visits saw a boost last week, with year-over-year revenue jumping to 6.1% from 1.1% the week prior. Year-over-year visits returned to the positive, rising to 3.5% from -4.5% the week prior.

 

-1.2% Heartworm YoY

+6.8% Flea/Tick YoY

 

 

+5.8% Services YoY

+7.0% Products YoY

 

Parasiticide purchases also saw a positive trend, with heartworm at -1.2% and flea/tick at 6.8% (up from -8.1% and -1.4% respectively). Service revenue increased from 2.1% the week prior to 5.8% last week, and product revenue rose from -3.0% to 7.0% during the same period.

 

+2.5% Revenue YoY (Last 12 Months)

-2.8% Visits YoY (Last 12 Months)

 

The rolling 14-day trendline shows declines in revenue and visits after spiking earlier in the month.

 

 

6,502 Practices

2.2M Revenue per practice (Last 12 months)

9.9K Visits per practice (Last 12 months)

 

Connecticut and Maine continued to hold their spots as the states with the highest year-over-year revenue growth at 6.8% and 6.0% respectively. Oregon was the only state to not experience declines in visits, holding steady at 0.0% year over year.

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

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