Veterinary Industry Summary: July 9–15, 2023
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
July 9-15, 2023
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+7.2% Revenue YoY (Last Week) |
+0.8% Visits YoY (Last Week) |
Revenue was up this past week at 7.2% year over year, significantly higher than the week prior. Visits are still down at 0.8% year over year this past week, higher than the week before.
-0.1% Heartworm YoY |
1.4% Flea/Tick YoY |
+7.9% Services YoY |
+5.0% Products YoY |
Heartworm and flea/tick protection dispensed are significantly higher than the week prior. Revenue from services was up at 7.9%, up considerably compared to the week before, and revenue from products was up at 5.0%, also higher than the preceding week.
+6.3% Revenue YoY (Last 12 Months) |
-2.0% 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, slightly up at 6.3, compared to recent weeks of holding at 6.2%.
4,871 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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