Veterinary Industry Summary: March 5 – March 11, 2023
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
March 5 – March 11, 2023
Check out the Veterinary Industry Tracker for daily stats.
Revenue YoY (Last Week)
Visits YoY (Last Week)
Revenue growth spiked this past week at 8.6% year over year, significantly higher than the week prior. Visits were also up at 1.2% year over year this past week, higher than the week before.
Heartworm protection dispensed is still down, though significantly higher than the week prior, and flea/tick protection dispensed, while flat, is also much higher compared to the week prior. Revenue from services was up 9.7%, considerably higher than the week before, and revenue from products also rose, up 5.3% from the preceding week.
Revenue YoY (Last 12 Months)
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.
Revenue per Practice
(Last 12 Months)
Visits per Practice
(Last 12 Months)
Maine holds 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 8.9% and Massachusetts and Tennessee tied 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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