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Veterinary Industry Summary: June 15-21, 2025

Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

June 15-21, 2025

LAST WEEK

Lincoln Memorial University (LMU) has filed a lawsuit [1] against the American Veterinary Medical Association (AVMA) over alleged anti-competitive veterinary school accreditation practices. The outcome of this case could lead to significant changes in the regulations surrounding veterinary education and have a ripple effect on aspiring veterinarians and the cost of veterinary care.

In the suit, LMU claims that the AVMA and its accrediting arm, the Council on Education, suppress competition, restrict the number of veterinarian graduates, and limit market supply, financially benefiting AVMA members while increasing veterinary care costs.

LMU is asking for injunctive relief to halt the AVMA’s accreditation approach and for the separation of the AVMA from the Council on Education due to a conflict of interest.

 

Check out the Veterinary Industry Tracker [2] for daily stats.

Revenue per Practice

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

 

 

0.3%
Revenue YoY (Last Week)
-3.6%
Visits YoY (Last Week)

 

Last week, year-over-year veterinary industry revenue climbed from 0.0% to 0.3%. Year-over-year visits remained in the negative but improved from -4.6% to -3.6%.

LAST WEEK
Months of Parasiticide Protection Dispensed

 

-7.6%
Heartworm YoY
-7.1%
Flea/Tick YoY

 

Service vs Product Revenue Breakdown

 

+1.3%
Services YoY
-2.9%
Products YoY

 

While still down year over year, parasiticide purchases improved slightly last week. Heartworm was -7.6% and flea/tick was -7.1%, changes from the previous week’s respective -8.6% and -8.7%. This, as new studies [3] indicate that alpha-gal syndrome (AGS), a serious meat allergy in people, may be triggered by the bites of multiple tick species in addition to the lone star tick originally believed to trigger the condition. The new reports also implicate Ixodes scapularis and Ixodes pacificus, ticks known for transmitting Lyme disease, in the spread of AGS among people.

Year-over-year service revenue was 1.3% last week, up from 1.2% the week prior, while product revenue improved from -3.6% to -2.9%.

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

 

 

+2.2%
Revenue YoY (Last 12 Months)
-2.9%
Visits YoY (Last 12 Months)

 

The rolling 14-day trendline showed revenue trending slightly downward and visits remaining fairly flat since late April.

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

 

Patient Demographics

 

6,076
Practices
2.2M
Revenue per Practice
(Last 12 Months)
10.2K
Visits per Practice
(Last 12 Months)

 

Maine and Massachusetts enjoyed the most year-over-year revenue growth again last week at 5.8% and 5.2% respectively. Oregon saw the smallest decline in year-over-year visits at -0.1%, with Iowa trailing closely behind at -0.4%.

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


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

 

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