Allied Market Research Logo
Increased pet ownership and increasing animal health expenses are driving the growth of the global veterinary software market.
PORTLAND, OREGON, UNITED STATES, Aug. 18, 2021 /EINPresswire.com/ – According to the report, the global veterinary software industry was valued at $ 1.31 billion in 2019 and is expected to reach $ 2.08 billion by 2027, with an annual growth rate of 6.1% from 2020 to 2027. The increase in pet ownership, the increasing need to streamline daily tasks in veterinary clinics, and the increase in animal health spending are driving the growth of the global Veterinary Software Market. However, the lack of veterinary infrastructure facilities in underdeveloped countries is hindering the market. On the contrary, it is expected that the increasing introduction of cloud-based technologies and potential opportunities in developing markets will create opportunities for market participants in the future.
Browse Report Description – https://www.alliedmarketresearch.com/veterinary-software-market
Impact of Covid-19 on the Veterinary Software Market:
• During the Covid-19 pandemic, the demand for pets has increased as most people work from home and have enough time to spend with their pets. This has been beneficial for the veterinary software industry.
In addition, post-Covid-19 pandemic veterinary practice management software would experience a significant boom due to the remote monitoring, telemedicine solutions and custom customer communications offered by the software.
Get Detailed COVID-19 Impact Analysis On Veterinary Software Market: https://www.alliedmarketresearch.com/request-for-customization/743?reqfor=covid
The veterinary practice management software segment had the largest share in 2019, accounting for nearly two-fifths of the global veterinary software market as it helps manage the day-to-day operations of veterinary practices such as scheduling and collecting patient demographics. However, the veterinary imaging software segment is expected to have the highest CAGR of 7.7% over the forecast period as the need to keep the digital image records for all images, digital x-rays, videos and image sequences of an animal increases.
The cloud segment is expected to see the highest CAGR of 7.8% over the forecast period as it requires less investment in hardware infrastructure and vendors often offer flexible plans based on user usage. However, the on-premise segment held the lion’s share in 2019 and contributed to more than two-thirds of the global veterinary software market as most companies prefer to deploy veterinary software in their own environment for optimal application performance.
For Purchase Inquiries: https://www.alliedmarketresearch.com/purchase-enquiry/743
North America had the largest share in 2019, accounting for more than two-fifths of the market due to the presence of key players in the region, high ICT spending and the early adoption of advanced technologies across the healthcare industry. However, the global veterinary software market across Europe is expected to show the highest CAGR of 7.7% during the forecast period due to the increasing number of pets, increasing animal health spending and the presence of veterinarians.
Important market participants
• Animal Intelligence Software, Inc.
• Covetrus Inc.
• IDEXX Laboratories Inc.
• Hippo Manager Software Inc.
• Patterson Companies Inc.
• MWI animal health
• Three plus group
• Petabyte technology
• Vetspire Inc.
• Timeless veterinary systems
• VetZ GmbH
• Vetter Software Inc.
• VIA information systems
Ecommerce logistics market will reach $ 535,895 million worldwide by 2022
APAC Learning Management Systems Market To Reach $ 2.884 Billion By 2022
The legal wiretapping market is projected to reach $ 3.3 billion by 2022
AVENUE – A subscription-based library (premium-on-demand, subscription-based pricing model):
AMR introduces its online premium subscription library, Avenue, specifically designed to provide a cost-effective, one-stop solution for businesses, investors and universities. With Avenue, subscribers can use a complete repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. In addition, users can access quantitative and qualitative data online in PDF and Excel formats, as well as analyst assistance, customization and updated versions of reports.
Access the reports library anytime from any device, anywhere. For more details follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and management consulting arm of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides unmatched quality of “Market Research Reports” and “Business Intelligence Solutions” to global corporations as well as medium and small businesses. AMR provides focused business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services in 11 industries including Life Sciences, Consumer Goods, Materials and Chemicals, Construction and Manufacturing, Food and Beverage, Energy and Energy, Semiconductors and Electronics, Automotive and Transportation, ICT and Media, Aerospace and Defense, and BFSI .
We have professional business relationships with various companies and this helps us unearth market data which will help us create accurate research data tables and confirm the highest accuracy of our market forecasts. All of the data presented in the reports we publish are extracted through primary interviews with top officials from leading companies in the domain in question. Our methodology for obtaining secondary data includes in-depth online and offline research and discussions with knowledgeable professionals and industry analysts.
Allied Analytics LLP
+ +1 800-792-5285
email us here
Visit us on social media:
You just read:
News provided by
August 18, 2021, 7:28 PM GMT
EIN Presswire’s priority is source transparency. We don’t allow opaque clients, and our editors try to carefully weed out false and misleading content. If, as a user, you see something that we have overlooked, please make us aware of it. Your help is welcome. ONE Presswire, Everyone’s Internet News Presswire ™, seeks to define some of the boundaries that are appropriate in the world today. Please see our editorial guidelines for more information.
Submit your press release