Veterinary Industry Summary: May 28–June 3, 2023
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
May 28 – June 3, 2023
Check out the Veterinary Industry Tracker for daily stats.
| +5.1% Revenue YoY (Last Week) |
-1.7% Visits YoY (Last Week) |
Revenue was up this past week at 5.1% year over year, slightly lower than the week prior. Visits are still down at -1.7% year over year this past week, slightly lower than the week before.
 -5.6%Heartworm YoY |
-6.4% Flea/Tick YoY |
 +6.8%Services YoY |
+0.7% Products YoY |
Heartworm and flea/tick protection dispensed are down, significantly lower than the week prior. Revenue from services was up at 6.8%, slightly higher than the week before, and revenue from products was relatively flat at 0.7%, lower than the preceding week.
| +5.9% Revenue YoY (Last 12 Months) |
-2.5% 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 5.9% compared to prior weeks holding at 5.6%.
| 4,735 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 10.1% growth, followed by North Carolina at 9.8% 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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