The Europe Veterinary Software Market would witness market growth of 8.9% CAGR during the forecast period (2021-2027).
The prominent features of technologically advanced and cost-effective software solutions for pet health practices are cloud-based practice management systems. The veterinary sector has been following in the footsteps of the human healthcare industry, which introduced numerous advancements in this sector. Moreover, the practice management software industry is primarily driven by increased animal health expenditures around the world, an elevation in the number of veterinary care practitioners, and strong demand for animal-derived food items, as well as the accessibility of pet insurance. Over the next several years, the emergence of innovative solutions that provide accurate and quick results is anticipated to fuel the adoption of PMS.
Some of these systems can also track illness prevalence, treatment rates, and immunization rates. Due to this reason, veterinary software is widely being adopted by farm and dairy owners. Animal husbandry is a source of income for various people for a long period of time. As a result, widespread use of this software in food-producing animal health care is expected to increase the growth of the veterinary software market.
According to the European Pet Food Industry, in 2020, 88 million of the households across this region had one or multiple pets, in which, there were 110 million cats, 90 million dogs, 52 million birds, and 52 million other pet animals. The substantial number of pets across the European households would majorly increase the demand for veterinary software to manage the information and data of dogs and their owners across the animal care centers.
In addition, this region is constantly working on the adoption of the latest technologies for various purposes. Due to the rising awareness among animal healthcare professionals about the advantages of veterinary software, a considerable number of animal clinics and hospitals are employing the digital animal care method.
The Germany market dominated the Europe Veterinary Software Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $54.3 million by 2027. The UK market is anticipated to grow at a CAGR of 8% during (2021 - 2027). Additionally, The France market would display a CAGR of 9.7% during (2021 - 2027).
Based on Product, the market is segmented into Practice Management Software and Imaging Software. Based on Delivery Mode, the market is segmented into On-premise and Cloud. Based on End-use, the market is segmented into Hospitals/Clinics and Reference Laboratories. Based on Practice Type, the market is segmented into Food-producing Animals, Small Animals, Mixed Animals, Equine, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Veterinary Software Market Size will Hit $919.2 Million by 2027, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Animal Intelligence Software, Inc., Onward Vet, Veterinary Information Systems, ClienTrax, VetZ GmbH (Heska Corporation), Hippo Manager Veterinary Software, Inc., IDEXX Laboratories, Inc., Henry Schein, Inc., Patterson Companies, Inc., and Esaote SpA.
By Product
By Delivery Mode
By End-use
By Practice Type
By Country
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