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.
Revenue YoY (Last Week)
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 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.
Revenue YoY (Last 12 Months)
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.
Revenue per Practice
(Last 12 Months)
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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