Veterinary Industry Summary: January 29-February 4, 2023
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
January 29-February 4, 2023
Veterinary professionals are headed to Las Vegas in a few weeks for the WVC Annual Conference, February 19-22. Many of us from Vetsource will be in attendance and we look forward to observing, chatting, and continuing to keep a pulse on the veterinary industry. If you’re attending, stop by booth #1051 to speak with Vetsource pharmacists, learn more about our latest updates, including our new scripting experience and payments solution, and get a free custom pet ID tag.
You can see more details below and check out the Veterinary Industry Tracker for daily stats.
| +8.8% Revenue YoY (Last Week) |
+1.1% Visits YoY (Last Week) |
Revenue growth was up this past week at 8.8% year over year, higher than the week prior. Visits are up at 1.1% year over year this past week, higher than the week prior.
Heartworm YoY |
Flea/Tick YoY |
Services YoY |
Products YoY |
Heartworm and flea/tick protection doses year over year are still down, but higher compared to the week prior. Revenue from services was up 10.2%, more than the week before, and revenue from products was up at 4.3%, significantly higher than the week prior.
| +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 remains fairly consistent, with slightly higher revenue growth and visits compared to the week prior.
| 4,495 Practices |
2.0M Revenue per Practice (Last 12 Months) |
10.7K Visits per Practice (Last 12 Months) |
Maine continues to be 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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