According to a new report, published by KBV research, The Global Veterinary EHR Market size is expected to reach $1.46 billion by 2031, rising at a market growth of 13.2% CAGR during the forecast period.
The Practice Management segment is leading the Global Veterinary EHR Market by Application in 2023; thereby, achieving a market value of $1.7 billion by 2031. This significant share highlights the increasing need for efficient management of veterinary practices, encompassing various administrative and clinical tasks. These tasks include appointment scheduling, patient record keeping, billing, and overall workflow optimization. Adopting practice management solutions within veterinary EHR systems has been driven by the demand for streamlined operations and improved client communication, ultimately enhancing the overall efficiency and profitability of veterinary practices. As a result, the practice management segment’s dominance underscores its critical role in the modern veterinary healthcare landscape.
The On-Premise segment is anticipating a CAGR of 12.7% during (2024 - 2031). This segment is preferred for veterinary practices prioritizing complete control over their data and IT infrastructure. On-premise solutions offer several advantages, including enhanced data security and customization. For practices that require stringent data privacy measures or operate in areas with unreliable internet connectivity, on-premise systems provide the necessary reliability and autonomy. Additionally, some veterinary practices may choose on-premise solutions to fully control their hardware and software, ensuring they can tailor the system to meet their specific operational needs.
The Veterinary Hospitals/Clinics segment is generating the maximum revenue in the Global Veterinary EHR Market by End Use in 2023; thereby, achieving a market value of $1.2 billion by 2031. This is due to the widespread adoption of EHR systems in veterinary hospitals and clinics, which manage large volumes of patient data, track medical histories, and streamline administrative workflows. These systems help improve operational efficiency, reduce the risk of errors, and ensure that veterinary professionals have quick access to accurate, up-to-date information. Additionally, the increasing demand for advanced veterinary care, coupled with regulatory requirements for accurate record-keeping, contributes to the strong growth of this segment.
The Mixed Animals segment is registering a CAGR of 11.8% during (2024 - 2031). Veterinary practices serving mixed animals cater to a diverse range of species, including both pets and livestock. These practices require versatile EHR systems capable of managing varied medical records and treatment protocols for different types of animals. The demand for such systems is fueled by the complexity and diversity of care required for mixed animal practices, which include preventive care, medical treatments, and emergency services for multiple species.
Full Report: https://www.kbvresearch.com/veterinary-ehr-market/
The North America region dominated the Global Veterinary EHR Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $563.7 million by 2031. The Europe region is experiencing a CAGR of 12.8% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 13.8% during (2024 - 2031).
By Application
By Delivery Mode
By Practice Type
By End Use
Unique Offerings 
