Veterinary Industry Summary: Sept 4-10, 2022


Stats from the Veterinary Industry Tracker powered by Vetsource and the AVMA


Sept 4-10, 2022

Last week while the U.S. celebrated Labor Day and a long weekend, veterinary practices still managed to claw out some year-over-year revenue growth. Much of this revenue growth came from services, while year-over-year growth in product revenue was nearly flat. Year-over-year growth was at 6.2% for revenue and -2.0% for visits. Revenue from professional services again accounted for much of that growth in revenue, at nearly 8% year-over-year. Months of heartworm and flea/tick protection dispensed were down again this past week. Product revenue was up slightly at 1.2% growth, the same as what we saw the week prior. You can see more details below and 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.


Revenue YoY (Last Week)
Visits YoY (Last Week)


Revenue growth was at 6.2% this past week while visits continue to lag behind and were down -2.0% year-over-year this past week. Both metrics are down slightly compared to what we saw the week prior.


Months of Parasiticide Protection Dispensed
Heartworm YoY
Flea/Tick YoY
Service vs Product Revenue Breakdown
Services YoY
Products YoY


Heartworm and flea/tick protection dispensed were down again this past week, while revenue from services was up clost to 8% and revenue from products was again up 1.2%. Compared to the week prior, heartworm and flea/tick protection dispensed was up, while revenue from services was down and revenue from products was the same.


Growth in Revenue and Visits

A line graph showing revenue and visits per practice, for a 14 day rolling period.


Revenue YoY (Last 12 Months)
Visits YoY (Last 12 Months)


The rolling 14-day trendline for revenue and visits growth year-over-year was noticeably higher in 2021 before declining in January 2022. This spiked significantly in February and slightly in July but appears to be settling in overall at a lower rate than what we saw in 2021. We’re again starting to see it climb heading into September.


Revenue Growth by State

A U.S. map, using color shades to show revenue growth by state.


Patient Demographics
Revenue per Practice
(Last 12 Months)
Visits per Practice
(Last 12 Months)


Maine is the top state for year-over-year revenue growth on average for the past 12 months, with 11.1% growth. For daily state-specific stats, please see the Premium Veterinary Industry Tracker.


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

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