(EMAILWIRE.COM, July 18, 2019 ) The report "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 Forecasts To 2022"

The global veterinary software market is projected to reach USD 594 million by 2022 from USD 421 million in 2017, at a CAGR of 6.1%.

The growth of this market is majorly driven by factors such as the rising companion animal ownership, growing animal healthcare expenditure, growing product innovation and software integration, and the consolidation of the veterinary healthcare industry.

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Veterinary practice management software segment dominated the market in 2017

Based on product, the veterinary software market is segmented into veterinary practice management software, veterinary imaging software, and other software. The veterinary practice management software segment accounted for the largest share of the market in 2017. The demand for this software is higher among veterinarians as it helps reduce the possibilities of errors and improve the cost-efficiency of operations.

Exclusive small animal practices segment dominated the veterinary software market, by practice type, in 2017

Based on practice type, the veterinary software market is segmented into exclusive small animal practices, mixed animal practices, and exclusive large animal practices. The exclusive small animal practices segment dominated the market in 2017 and is estimated to grow at the highest CAGR during the forecast period. This can primarily be attributed to the increasing companion animal population and the rising annual spending on pet care in developed countries.

The prominent players operating in the veterinary software market include Henry Schein (US), IDEXX Laboratories (US), Patterson Companies (US), Vetter Software (US), Animal Intelligence Software (US), Timeless Veterinary Systems (Canada), Britton's Wise Computers (US), ezyVet Limited (New Zealand), FirmCloud Corporation (US), MedaNext (US), OR Technology (Oehm Und Rehbein GmbH, Germany), VIA Information Systems (US), Hippo Manager Software (US), Finnish Net Solutions (Finland), Carestream (Canada), and ClienTrax (US).

In 2017, North America was the largest regional market for veterinary software. This can primarily be attributed to the growing demand for quality pet care in the region. The growing awareness about veterinary software, increasing number of veterinarians, and the easy availability of veterinary software and services (most vendors operating in this market have operations in North America) are the major factors that are expected to drive market growth in this region during the forecast period.

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