Veterinary Industry Summary: May 18-24, 2025

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Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA

May 18-24, 2025

LAST WEEK

According to the Companion Animal Parasite Council (CAPC), heartworm, Lyme, anaplasmosis, and ehrlichiosis continue to spread geographically across the U.S.

Based on more than 10 million diagnostic tests, the 2025 CAPC Annual Pet Parasite Forecasts show that the prevalence of the four vector-borne diseases continues to spread across the country. Shifting tick and mosquito populations are likely the primary culprits of the spread.

CAPC has been forecasting the prevalence and spread of heartworm, Lyme, anaplasmosis, and ehrlichiosis since 2021 with over 94% accuracy.

Check out the Veterinary Industry Tracker for daily stats.

Revenue per Practice

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

 

 

-0.1%
Revenue YoY (Last Week)
-4.5%
Visits YoY (Last Week)

 

Year-over-year veterinary industry revenue rose last week, inching into the positive at 0.1% (compared to last week’s -0.2%). Visits are still down, but increased slightly from -4.8% to -4.5%.

LAST WEEK
Months of Parasiticide Protection Dispensed

 

-7.2%
Heartworm YoY
-8.4%
Flea/Tick YoY

 

Service vs Product Revenue Breakdown

 

+1.5%
Services YoY
-3.8%
Products YoY

 

Year-over-year parasiticide purchases remains in the negative. Heartworm rose at -7.2% and flea/tick fell at -8.4%, compared to the previous week’s respective -7.7% and -7.5%. Year-over-year service revenue remained positive at 1.5%, increasing from 1.1% the week prior. Product revenue increased slightly from -4.0% the previous week to -3.8% last week.

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

 

 

+2.4%
Revenue YoY (Last 12 Months)
-2.7%
Visits YoY (Last 12 Months)

 

The rolling 14-day trendline showed revenue and visits continuing to level off over the past month.

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

 

Patient Demographics

 

5,997
Practices
2.2M
Revenue per Practice
(Last 12 Months)
10.2K
Visits per Practice
(Last 12 Months)

 

Maryland and Maine again enjoyed the highest year-over-year revenue growth last week, holding steady with 5.4% and 5.3% respectively. Once again, no states saw growth in year-over-year visits, but Iowa and Oregon experienced the smallest declines at 0.3% each, also the same as the week prior.

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


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