Veterinary Industry Summary: November 9-15, 2025
Stats from the Veterinary Industry Tracker powered by Vetsource and AVMA
November 9-15, 2025
A recent panel discussion at the 2025 AVMA Veterinary Business and Economic Forum in Denver gave hope to practice leaders facing common challenges, including staffing shortages, productivity plateaus, and rising costs.
Featuring Dr. Taylor Tillery, Kelly Foltz, Dr. Amy Grice, and Dr. Wendy Hauser, the panel highlighted recent industry research showing that many of the operational and financial pressures facing practices today can be eased through small, targeted adjustments, rather than large overhauls.
The panelists emphasized that workflows, team utilization, and communication systems are the most powerful levers for improvement. Simple changes such as refining exam-room flow, standardizing technician delegation, reducing unnecessary steps in patient intake, or improving how information moves between team members can boost efficiency without adding staff or expanding hours.
Also stressed was the importance of aligned leadership and practice culture in making these smaller changes stick. When practice owners clearly communicate goals, share performance metrics, and create space for staff feedback, teams are more likely to adopt and sustain new processes.
The panelists encouraged practice leaders to address one or two bottlenecks at a time, measure results, and build momentum through an ongoing cycle of improvement. While veterinary medicine continues to face economic uncertainty, the data suggest that incremental gains made consistently can significantly improve productivity, team morale, and financial resilience.
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| +0.7% Revenue YoY (Last Week) |
-4.7% Visits YoY (Last Week) |
Last week, veterinary industry revenue was flat, falling from 1.8% to 0.7% year over year. Visits also declined, tumbling from the previous week’s -2.8% to -4.7%.
Heartworm YoY |
Flea/Tick YoY |
Services YoY |
Products YoY |
Parasiticide purchases were down again last week. Year-over-year heartworm fell from -7.3% to -9.5%, and flea/tick dipped from -5.1% to -7.8%. Service revenue was 2.0%, and product revenue was -4.3%, respective declines from 3.0% and -2.2% the week prior.
| +2.3% Revenue YoY (Last 12 Months) |
-2.8% Visits YoY (Last 12 Months) |
The rolling 14-day trendline showed gradual declines in revenue and visits since early October.
| 6,464 Practices |
2.2M Revenue per Practice (Last 12 Months) |
10.0K Visits per Practice (Last 12 Months) |
Maine and Connecticut saw the most year-over-year revenue growth again last week, with both states coming in at 6.4%. At 0.2% year-over-year, Oregon was again the only state to experience positive growth in visits, while Maine and Minnesota saw smaller declines in visits (-1.1% each) than the other states.
*Numbers are subject to change based on data availability and PIMS adjustments.
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