Veterinary Industry Summary: January 5–11, 2025

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Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

January 5–11, 2025

LAST WEEK

As devastating wildfires spread across the Los Angeles area, our thoughts are with the countless people, pets, wild animals, veterinary practices, animal shelters, and other businesses that have been affected.

The AVMA has resources for wildfire victims here.

If you’re interested in donating money to help, GoFundMe has created a General Wildfire Relief Fund, and at least one veterinary-specific GoFundMe has been created to help veterinary professionals and those who have lost their practices to the wildfires. You can also donate to the Red Cross by texting the word CAWILDFIRES to 90999.

We’re thinking of you, Southern California!

 

 

Check out the Veterinary Industry Tracker for daily stats.

Revenue per Practice

A bar graph showing revenue per practice for last week, compared to the previous year.

 

 

+0.5%
Revenue YoY (Last Week)
-4.4%
Visits YoY (Last Week)

 

For the first full workweek of 2025, veterinary industry revenue and visits began to return to pre-holiday levels last week. Revenue was up 0.5% year over year, and visits were -4.4%, improvements from -7.6% and -6.3% the previous week.


LAST WEEK
Months of Parasiticide Protection Dispensed

 

-9.2%
Heartworm YoY
-6.5%
Flea/Tick YoY

 

Service vs Product Revenue Breakdown

 

+1.6%
Services YoY
-3.6%
Products YoY

 

Parasiticide purchases also showed slight improvements last week compared to the week prior. Year-over-year heartworm was -9.2% and flea/tick was -6.5%, up from the previous week’s respective -15.5% and -12.5%. Service revenue was up 1.6% year over year, a jump from -7.8% the week prior, and product revenue improved from -6.6% to -3.6%.


LAST 12 MONTHS
Growth in Revenue and Visits
A line graph showing revenue and visits per practice, for a 14 day rolling period.

 

 

+2.9%
Revenue YoY (Last 12 Months)
-2.6%
Visits YoY (Last 12 Months)

 

After steep declines since mid-December, revenue and visits began to rebound on the rolling 14-day trendline.

LAST 12 MONTHS
Revenue Growth by State
A U.S. map, using color shades to show revenue growth by state.

 

Patient Demographics

 

5,552
Practices
2.2M
Revenue per Practice
(Last 12 Months)
10.4K
Visits per Practice
(Last 12 Months)

 

Last week, Colorado and Massachusetts enjoyed the highest year-over-year revenue growth at 6.5% and 5.8% respectively. Minnesota again saw the lowest decline in visits at -0.1%, with Michigan trailing closely behind at -0.3%.

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


Need additional stats? You got it.

The Premium Veterinary Industry Tracker lets you drill into revenue categories, visit types, date ranges, states, and more.

 

LEARN MORE »

 

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