DUBLIN--(BUSINESS WIRE)--The "Veterinary Software Market by Product (Practice Management, Imaging, BI, Marketing), Delivery Model (On Premise, Cloud), Practice (Small Animal, Mixed, Large, Equine, Bovine), End User (Hospitals, Clinics, ASC, Emergency) - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The global veterinary software market is expected to reach USD 594.3 Million by 2022 from USD 442.5 Million in 2017, at a CAGR of 6.1%. This report segments the global market into product, delivery model, practice type, type, end user, and region.
Based on product, in 2017, the practice management software segment accounted for the largest share of the total market. Practice management software reduces the possibilities of error and the overall cost of a veterinary healthcare facility.
Based on practice type, the exclusive small animal practices segment is expected grow at the highest CAGR during the forecast period. This growth is attributed to the increasing number of small pet owners and rising annual spending on pet care in developed countries.
Based on end user, the veterinary hospitals and referral practices segment is expected to be the fastest growing during the forecast period. This growth is attributed to the extensive usage of veterinary software for the preparation, management, and analysis of patient databases for daily/weekly/annual animal hospital visits, monitoring veterinarians, and for easy and quick data accessing and sharing.
Market Dynamics
Drivers
- Rising Companion Animal Ownership
- Growing Product Innovation and Integration for Better Practice Outcomes
- Rising Demand for Pet Insurance With Growing Animal Health Expenditure
- Growing Consolidation of the Veterinary Healthcare Industry
Restraints
- Lack of Government Incentives
- Lack of Awareness About Veterinary Software in Developing Countries
Opportunities
- Web-Based/Cloud-Based Models
- Penetration in Emerging Economies Through Education and Training
Challenges
- Meeting Region-Wise Requirements for Software Functions
- Reluctance to Adopt New Technologies
- Shortage of Veterinary Practitioners in Developing Countries
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Veterinary Software Market, By Product
8 Veterinary Software Market, By Delivery Model
9 Veterinary Software Market, By Practice Type
10 Veterinary Software Market, By Type
11 Veterinary Software Market, By End User
12 Veterinary Software Market, By Region
13 Competitive Landscape
14 Company Profiles
- Animal Intelligence Software
- Britton's Wise Computer
- Carestream Health
- Clientrax
- Ezyvet Limited
- Finnish Net Solutions
- Firmcloud Corporation
- Henry Schein
- Hippo Manager Software
- Idexx Laboratories
- OR Technology (OEHM UND Rehbein GmbH)
- Patterson Companies
- Timeless Veterinary Systems
- Vetter Software
- Via Information System
For more information about this report visit https://www.researchandmarkets.com/research/m82dx6/worldwide?w=4
