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.

 

 

+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.

 

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-2.7% Heartworm YoY

-1.9% Flea/Tick YoY

+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.

 

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+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.

 

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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.

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