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Industry Landscape

The veterinary technology sector is experiencing significant growth, driven by increasing pet ownership, advancements in veterinary medicine, and the demand for efficient clinic operations. Digitalization and automation are key trends, with a focus on integrated solutions that streamline workflows, enhance client communication, and improve financial outcomes for practices. AI and telemedicine are emerging areas driving further innovation.

Industries:
veterinary softwarepractice managementanimal healthclinic efficiencytelemedicine

Total Assets Under Management (AUM)

Number of Veterinary Practices in United States

~Over 30,000 veterinary practices

(2.5% CAGR)

- Growth in pet ownership.

- Consolidation of practices.

- Expansion of specialty services.

Total Addressable Market

3.5 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

Advanced AI/Machine Learning in Diagnostics