Veterinary Industry Summary: March 12–18, 2023
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
March 12 – March 18, 2023
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+3.9% Revenue YoY (Last Week) |
-3.6% Visits YoY (Last Week) |
Revenue was up this past week at 3.9% year over year, significantly lower than the week prior. Visits were 3.6% year over year this past week, lower than the week before.
-8.5% Heartworm YoY |
-12.1% Flea/Tick YoY |
+5.6% Services YoY |
-0.9% Products YoY |
Heartworm protection dispensed is down, significantly lower than the week prior, and flea/tick protection dispensed is also much lower compared to the week prior. Revenue from services was up 5.6%, lower than the week before, and revenue from products also fell, down at 0.9% from the preceding week.
+5.4% Revenue YoY (Last 12 Months) |
-3.1% Visits YoY (Last 12 Months) |
The rolling 14-day trendline for revenue and visits growth year over year for the past 12 months remains fairly consistent. Revenue and visits are still trending slightly higher than 2022 so far in 2023.
4,885 Practices |
2.0M Revenue per Practice (Last 12 Months) |
10.5K Visits per Practice (Last 12 Months) |
Maine continues to hold the top place again for year-over-year revenue growth on average for the past 12 months, with 10.3% growth, followed by South Carolina at 8.8% and North Carolina and Tennessee tied at 8.6%.
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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