Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
May 31-June 6, 2026
A recent survey by CoVet [1] revealed that AI is increasingly being used for support with daily administrative tasks. After polling over 120 vet professionals, results show 62% of respondents feel that admin work interferes with clinical care, and over 75% report that it harms their job satisfaction.
However, according to the survey, AI may be helpful. 91% of respondents said that AI is more effective for record keeping and documentation, and 63% said AI supports client communication summaries.
The data also suggests that trust in AI is earned over time through reliability and transparency. 53% of survey respondents said their AI concerns decreased after using it and 9% said their concerns increased.
After adopting AI tools, 54% felt more control of their time and 53% felt less burnt out. Dr. Mike Mossop, co-founder and chief veterinary officer at CoVet, remarked, “Veterinary medicine has an administrative problem, not a motivation problem.”
Check out the Veterinary Industry Tracker [2] for daily stats.
| 2.1% Revenue YoY (Last Week) |
-2.4% Visits YoY (Last Week) |
Year-over-year veterinary industry revenue and visits saw slight boosts last week, with revenue increasing to 2.1% from 1.9%, and visits increasing to -2.4% from -3.1% compared to the week prior.
 -5.2%Heartworm YoY |
-0.1% Flea/Tick YoY |
 2.9%Services YoY |
-2.2% Products YoY |
Preventatives and products steadily increased last week compared to the week prior, with heartworm reaching -5.2% from -7.5%, flea/tick increasing to -0.1% from -2.7%, and products increasing to -0.4% from -1.5%.
Services remained steady at 2.9%.
| +3.1% Revenue YoY (Last 12 Months) |
-2.2% Visits YoY (Last 12 Months) |
The rolling 14-day trendline shows revenue and visits gradually falling after an uptick towards the end of May.
| 6,605 Practices |
2.1M Revenue per practice (Last 12 months) |
9.7K Visits per practice (Last 12 months) |
Maine holds the spot as the state with the highest year-over-year revenue at 5.6%, with Massachusetts trailing at 5.5%.
Oregon continues to lead year-over-year visits at 0.4%, with Nevada close behind at -0.2%.
*Numbers are subject to change based on data availability and PIMS adjustments.
Need additional stats? You got it.
The Premium Veterinary Industry Tracker lets you drill into revenue categories, visit types, date ranges, states, and more.
| LEARN MORE » [3] |