Veterinary Industry Summary: January 8-14, 2023

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Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

 

January 8-14, 2023

 

Last week: U.S. veterinary practices saw year-over-year revenue growth of 6.0% and 2.5% decline in visits.

You can see more details below and check out the Veterinary Industry Tracker for daily stats.

 

LAST WEEK
Revenue per Practice

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

 

+6.0%
Revenue YoY (Last Week)
-2.5%
Visits YoY (Last Week)

 

Revenue growth was up this past week at 6.0% year over year, twice as much as the week prior. Visits are still down at -2.5% year over year this past week, significantly less than the week prior.

 


LAST WEEK
Months of Parasiticide Protection Dispensed
-2.7%
Heartworm YoY
-1.9%
Flea/Tick YoY
Service vs Product Revenue Breakdown
+8.1%
Services YoY
0.0%
Products YoY

Heartworm and flea/tick protection doses year over year continue to be significantly higher compared to the week prior. Revenue from services was up 8.1%, more than the week before, and revenue from products was down 0.0%, up from the week prior.

 


LAST 12 MONTHS
Growth in Revenue and Visits

A line graph showing revenue and visits per practice, for a 14 day rolling period.

 

+4.9%
Revenue YoY (Last 12 Months)
-3.5%
Visits YoY (Last 12 Months)

The rolling 14-day trendline for revenue and visits growth year over year for the past 12 months remains consistent, with a slight increase in revenue growth compared to the week prior.

 


LAST 12 MONTHS
Revenue Growth by State

A U.S. map, using color shades to show revenue growth by state.

 

Patient Demographics

 

4,545
Practices
2.0M
Revenue per Practice
(Last 12 Months)
10.5K
Visits per Practice
(Last 12 Months)

Maine remains the top state for year-over-year revenue growth on average for the past 12 months, holding steady with 10% 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.


Need additional stats? You got it.

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