Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

July 2-8, 2023

 

Check out the Veterinary Industry Tracker for daily stats.

 

 

+2.5% Revenue YoY (Last Week)

-1.8% Visits YoY (Last Week)

 

Revenue was up this past week at 2.5% year over year, quite a bit lower than the week prior. Visits are still down at -1.8% year over year this past week, lower than the week before.

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-4.9% Heartworm YoY

-3.3% Flea/Tick YoY

 

+2.8% Services YoY

+1.2% Products YoY

 

Heartworm and flea/tick protection dispensed remain down, but both heartworm and flea/tick are higher than the week prior. Revenue from services was up at 2.8%, down considerably compared to the week before, and revenue from products was up at 1.2%, slightly lower than the preceding week.

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+6.2% Revenue YoY (Last 12 Months)

-2.1% Visits YoY (Last 12 Months)

 

The rolling 14-day trendline shows revenue and visits growth year over year trending slightly higher in 2023 than 2022. Revenue may be showing a continued pattern of slight growth, holding at a high of 6.2% compared to prior weeks holding at 5.9%.

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4,879 Practices

2.0M Revenue per Practice (Last 12 Months)

10.4K Visits per Practice (Last 12 Months)

 

Maine holds steady on top for year-over-year revenue growth on average for the past 12 months, with 10.8% growth, followed by North Carolina at 10.6% and Tennessee at 10.4%.

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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