Veterinary Industry Summary: March 19–25, 2023
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
March 19 – March 25, 2023
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+4.7% Revenue YoY (Last Week) |
-3.1% Visits YoY (Last Week) |
Revenue was up this past week at 4.7% year over year, higher than the week prior. Visits were down 3.1% year over year this past week, slightly higher than the week before.
-7.8% Heartworm YoY |
-12.7% Flea/Tick YoY |
+6.6% Services YoY |
-0.2% Products YoY |
Heartworm protection dispensed is down, though higher than the week prior, and flea/tick protection dispensed is slightly lower compared to the week prior. Revenue from services was up 6.6%, higher than the week before, and revenue from products was down at -0.2%, higher than the preceding week.
+5.5% 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.
4,862 Practices |
2.0M Revenue per Practice (Last 12 Months) |
10.5K Visits per Practice (Last 12 Months) |
Maine continues to hold the top place for year-over-year revenue growth on average for the past 12 months, with 10.3% growth, followed by South Carolina at 9.1% and Tennessee at 8.7%.
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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