Veterinary Industry Summary: May 21–27, 2023
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
May 21 – 27, 2023
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+5.3% Revenue YoY (Last Week) |
-1.5% Visits YoY (Last Week) |
Revenue was up this past week at 5.3% year over year, higher than the week prior. Visits are still down at -1.5% year over year this past week, higher than the week before.
-2.9% Heartworm YoY |
-3.2% Flea/Tick YoY |
+6.5% Services YoY |
+2.4% Products YoY |
Heartworm and flea/tick protection dispensed are still down, but significantly higher than the week prior. Revenue from services was up at 6.5%, higher than the week before, and revenue from products was up at 2.4%, higher than the preceding week.
+5.8% Revenue YoY (Last 12 Months) |
-2.6% Visits YoY (Last 12 Months) |
The rolling 14-day trendline shows revenue and visits growth year over year trending slightly higher in 2023 than 2022. Revenue may be showing a pattern of slight growth, staying at a high of 5.8% compared to prior weeks holding at 5.6%.
4,745 Practices |
2.0M Revenue per Practice (Last 12 Months) |
10.4K Visits per Practice (Last 12 Months) |
Maine remains in the lead for year-over-year revenue growth on average for the past 12 months, with 10.2% growth, followed by North Carolina at 9.9% and Tennessee at 9.5%.
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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