Global Veterinary Practice Management Software Market Expected To Cross $418.1 Million By 2021
The research report titled “Global Veterinary Practice Management Software Market Outlook: 2016-2021” analyzes the major
drivers, restraints, opportunities, and challenges that have a long and
short-term impact on the growth of veterinary practice management software
market across the globe. This latest publication from Meticulous Research®states
that the global veterinary practice management software market is valued $309.5
million in 2016. The market is expected to reach at $418.1 million in 2021 at a
CAGR 6.2% from 2016-2021.
The veterinary practice management software helps
veterinarians to record and support various standards of care protocols,
monitor each patient’s status with healthcare recommendations, billing and
invoicing, manage investment in resources such as inventory and professional
time, and overall treatment management in order to increase the profitability.
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The global veterinary practice management software market is
expected to reach $418.1 million by 2021 at a CAGR of 6.2% from 2016 to 2021.
This market is mainly driven by the increasing awareness of animal health
across the globe, the rising number of veterinarians, growing animal population
and demand for animal food products, and increasing animal health expenditure
and pet insurance. However, high cost of instruments and lower animal health
awareness in developing countries are impeding the growth of this market.
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The global veterinary practice management software market is
mainly divided by delivery mode, practice type, and geography. North America
accounted for the share of the global veterinary practice management software
market expected to dominate this market during the forecast period. With the
substantial scope for penetration, the veterinary practice management software
market in North America offers significant opportunities for the various
stakeholders in this market. The veterinary practice management software market
in Asia-Pacific (APAC) region is also expected to grow considerably during the
forecast period mainly attributed to the rising need to manage veterinary
practices due to growing livestock population, increasing pet adoption, rising
demand of animal derived food products, and growing animal healthcare
expenditure in this region.
The key players in the global veterinary practice management
software market are IDEXX Laboratories, Inc., Henry Schein, Inc., Patterson
Companies, Inc., ezyVET Limited, MedaNext Inc., Animal Intelligence Software,
Inc., Onward Systems Inc., Firmcloud Corporation, Timeless Veterinary Systems,
Inc., Computer Fanatics Limited (Vetlink), Hippo Manager Software, Inc.,
ClienTrax, Alisvet & InformaVet Inc., Eclipse Veterinary Software Ltd, 2i
Nova, Inc., SpecVet Inc., and eVetPractice.com.
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Report: https://www.meticulousresearch.com/download-sample-report/?cp_id=1432
Scope of the report-
Veterinary Practice Management Software Market, By Delivery
Mode
• On-Premise
• Cloud/Web based
Veterinary Practice Management Software Market, By Practice Type
• Companion Animal Practices
• Mixed Animal Practices
• Equine Practices
• Food Producing Animal Practices
• Others
Veterinary Practice Management Software Market, By Geography
• North America
o U.S.
o Canada
• Europe
• Asia-Pacific
• Rest of the World
About Meticulous Research®
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founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in
2013 as a private limited company under the Companies Act, 1956. Since its
incorporation, the company has become the leading provider of premium market
intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle
East & Africa.
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