Product Code: GVR-4-68040-432-0
Veterinary EHR Market Growth & Trends:
The global veterinary EHR market size is expected to reach USD 1.37 billion by 2030, registering a CAGR of 11.1% over the forecast period, according to a new report by Grand View Research, Inc. The primary drivers of market growth include the digitalization across veterinary healthcare, rapid technological advancements, increasing pet population and increasing number of veterinary hospitals and clinics. Innovations in cloud-based solutions, AI, and telehealth integration make EHR systems more user-friendly and efficient for veterinary practices. Moreover, with more households owning pets and treating them as family members, the demand for quality veterinary care is increasing. This drives the adoption of advanced healthcare systems like EHRs to improve patient care.
According to Canadian Veterinary Medical Association, there were approximately 15,459 veterinarians in Canada in 2023, with approximately 4,223 number of practices in Canada. As more veterinary hospitals and clinics open, the need for efficient patient data management becomes essential. EHR systems streamline record-keeping, improve workflow efficiency, and enhance the quality of care by providing accurate and real-time information about patient health histories. Veterinary clinics and hospitals face increasing pressure to maintain accurate, standardized, and easily accessible records. EHR solutions help meet these regulatory requirements, promoting adoption as the number of veterinary practices grows. In addition, the expansion of veterinary services is driving the adoption of more integrated and automated technologies. Modern EHR systems are equipped with features that allow seamless integration with diagnostic tools, lab equipment, and telehealth platforms, which are increasingly in demand as veterinary care expands.
Moreover, according to news published by Times of India, in January 2023, consumer behavior has evolved drastically in recent years, and almost every company is adapting. One of the most significant changes is adapting to digitization and everything online. This trend has made geographical location no longer crucial as long as one has an internet connection and a linked gadget. Because of this, modern practices such as remote or hybrid working-which were practically unheard of a few years ago-have proliferated. Technology is also lowering entrance barriers and leveling the playing field for small businesses. Currently, through technology, one can have access to a vet sitting thousands of miles away and vets catering to patients across geographies.
The growing number of veterinary patient visits is indeed driving the demand for Electronic Health Records (EHR) in the veterinary market. As clinics handle more patients, they need systems that streamline operations. Veterinary EHRs help manage patient records, appointments, billing, and treatment plans, making them essential tools for growing practices. EHR systems provide analytics that help veterinarians make better clinical decisions. With increasing patient data, having a digital system for real-time access to health records becomes crucial. Overall, the growing veterinary patient footfall directly boosts the need for advanced digital solutions, supporting the market growth.
Veterinary EHR Market Report Highlights:
- Based on application, the practice management segment led the market with the largest revenue share in 2023. However, the imaging segment is expected to grow at the fastest CAGR of during forecast period
- Based on delivery mode, the cloud/web-based segment attributed to largest market share in 2023 and is projected to grow at fastest CAGR during the forecast period, owing to easy scalability as well as ease of use of cloud-based software
- Based on practice type, the companion animals segment led the market with the largest revenue share in 2023. The segment includes software revenue from veterinarian practices that treat small companion animals (dogs and cats) as their primary source of care. Veterinarians and veterinary clinics can more efficiently manage their daily activities and deliver high-quality animal care with the aid of small animal PMS, a specialized tool
- Based on end use, the veterinary hospitals/clinics segment led the market with the largest revenue share in 2023, due to the accelerating digitization of veterinary practices and the growing awareness of the advantages that software provides to both patient care and business operations
- North America dominates the market with the largest revenue share of 41.31% in 2023. Conversely, Asia Pacific region is anticipated to grow at the fastest CAGR of 12.8% during the forecast period
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.1.1. Regional Scope
- 1.1.2. Estimates And Forecast Timeline
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.5. Market Formulation & Validation
- 1.6. Delivery Model Details
- 1.6.1. Commodity flow analysis
- 1.6.2. Global Market: CAGR Calculation
- 1.7. Research Scope and Assumptions
- 1.7.1. List of Secondary Sources
- 1.7.2. List of Primary Sources
- 1.7.3. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Veterinary EHR Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Drivers Analysis
- 3.2.1.1. Increasing Pet Population & Expenditure
- 3.2.1.2. Rising Need for Improved Practice Efficiency
- 3.2.1.3. Growing Advancement In Veterinary Software
- 3.2.1.4. Increase in Demand for Integrated Solutions
- 3.2.2. Market Restraints Analysis
- 3.2.2.1. Stringent Regulatory Requirements
- 3.2.2.2. Data Security Concerns
- 3.2.3. Market Opportunity Analysis
- 3.2.4. Market Challenges Analysis
- 3.3. Veterinary EHR Market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and Social Landscape
- 3.3.2.3. Technological landscape
- 3.3.2.4. Environmental Landscape
- 3.3.2.5. Legal landscape
- 3.4. Covid-19 Analysis
- 3.5. Technology Trend Analysis
- 3.6. Pricing Analysis
- 3.7. Estimated Pet Population, by Key Countries, 2023
Chapter 4. Veterinary EHR Market: Practice Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Global Veterinary EHR Market Movement Analysis
- 4.3. Global Veterinary EHR Market Size & Trend Analysis, by Practice, 2018 to 2030 (USD Million)
- 4.4. Companion Animals
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.5. Mixed Animals
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.6. Equine
- 4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.7. Food-producing Animals
- 4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.8. Other Practices
- 4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Veterinary EHR Market: Delivery Mode Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Global Veterinary EHR Market Movement Analysis
- 5.3. Global Veterinary EHR Market Size & Trend Analysis, by Delivery Mode, 2018 to 2030 (USD Million)
- 5.4. Cloud/Web-Based
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5. On-premises
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Veterinary EHR Market: Application Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Global Veterinary EHR Market Movement Analysis
- 6.3. Global Veterinary EHR Market Size & Trend Analysis, by Application, 2018 to 2030 (USD Million)
- 6.4. Practice Management
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5. Imaging
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6. Reminders
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Veterinary EHR Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Global Veterinary EHR Market Movement Analysis
- 7.3. Global Veterinary EHR Market Size & Trend Analysis, End Use, 2018 to 2030 (USD Million)
- 7.4. Veterinary Hospitals/Clinics
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5. Other End Use
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 8. Veterinary EHR Market: Regional Estimates & Trend Analysis
- 8.1. Regional Dashboard
- 8.2. Market Size & Forecasts and Trend Analysis, 2018 to 2030 North America
- 8.3. North America
- 8.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.3.2. U.S.
- 8.3.2.1. Key Country Dynamics
- 8.3.2.2. Competitive Insights
- 8.3.2.3. U.S. Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Canada
- 8.3.3.1. Key Country Dynamics
- 8.3.3.2. Competitive Insights
- 8.3.3.3. Canada Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. Mexico
- 8.3.4.1. Key Country Dynamics
- 8.3.4.2. Competitive Insights
- 8.3.4.3. Mexico Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Europe
- 8.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.4.2. U.K.
- 8.4.2.1. Key Country Dynamics
- 8.4.2.2. Competitive Insights
- 8.4.2.3. U.K. Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. Germany
- 8.4.3.1. Key Country Dynamics
- 8.4.3.2. Competitive Insights
- 8.4.3.3. Germany Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. France
- 8.4.4.1. Key Country Dynamics
- 8.4.4.2. Competitive Insights
- 8.4.4.3. France Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. Italy
- 8.4.5.1. Key Country Dynamics
- 8.4.5.2. Competitive Insights
- 8.4.5.3. Italy Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.6. Spain
- 8.4.6.1. Key Country Dynamics
- 8.4.6.2. Competitive Insights
- 8.4.6.3. Spain Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.7. Sweden
- 8.4.7.1. Key Country Dynamics
- 8.4.7.2. Competitive Insights
- 8.4.7.3. Sweden Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.8. Denmark
- 8.4.8.1. Key Country Dynamics
- 8.4.8.2. Competitive Insights
- 8.4.8.3. Denmark Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.9. Norway
- 8.4.9.1. Key Country Dynamics
- 8.4.9.2. Competitive Insights
- 8.4.9.3. Norway Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Asia Pacific
- 8.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.5.2. China
- 8.5.2.1. Key Country Dynamics
- 8.5.2.2. Competitive Insights
- 8.5.2.3. China Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.3. Japan
- 8.5.3.1. Key Country Dynamics
- 8.5.3.2. Competitive Insights
- 8.5.3.3. Japan Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.4. India
- 8.5.4.1. Key Country Dynamics
- 8.5.4.2. Competitive Insights
- 8.5.4.3. India Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.5. South Korea
- 8.5.5.1. Key Country Dynamics
- 8.5.5.2. Competitive Insights
- 8.5.5.3. South Korea Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.6. Australia
- 8.5.6.1. Key Country Dynamics
- 8.5.6.2. Competitive Insights
- 8.5.6.3. Australia Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.7. Thailand
- 8.5.7.1. Key Country Dynamics
- 8.5.7.2. Competitive Insights
- 8.5.7.3. Thailand Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Latin America
- 8.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Brazil
- 8.6.2.1. Key Country Dynamics
- 8.6.2.2. Competitive Insights
- 8.6.2.3. Brazil Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.3. Argentina
- 8.6.3.1. Key Country Dynamics
- 8.6.3.2. Competitive Insights
- 8.6.3.3. Argentina Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7. Middle East and Africa
- 8.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.7.2. Saudi Arabia
- 8.7.2.1. Key Country Dynamics
- 8.7.2.2. Competitive Insights
- 8.7.2.3. Saudi Arabia Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7.3. South Africa
- 8.7.3.1. Key Country Dynamics
- 8.7.3.2. Competitive Insights
- 8.7.3.3. South Africa Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7.4. UAE
- 8.7.4.1. Key Country Dynamics
- 8.7.4.2. Competitive Insights
- 8.7.4.3. UAE Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.7.5. Kuwait
- 8.7.5.1. Key Country Dynamics
- 8.7.5.2. Competitive Insights
- 8.7.5.3. Kuwait Veterinary EHR Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Market Participant Categorization
- 9.2. Company Market Position Analysis/ Heat Map Analysis
- 9.3. Estimated Company Market Share Analysis, 2023
- 9.4. Strategy Mapping
- 9.4.1. Mergers & Acquisitions
- 9.4.2. Partnerships & Collaborations
- 9.4.3. Others
- 9.5. Company Profiles
- 9.5.1. OSP
- 9.5.1.1. Participant's Overview
- 9.5.1.2. Financial Performance
- 9.5.1.3. Product Benchmarking
- 9.5.1.4. Strategic Initiatives
- 9.5.2. Shepherd veterinary Software
- 9.5.2.1. Participant's Overview
- 9.5.2.2. Financial Performance
- 9.5.2.3. Product Benchmarking
- 9.5.2.4. Strategic Initiatives
- 9.5.3. IDEXX Laboratories
- 9.5.3.1. Participant's Overview
- 9.5.3.2. Financial Performance
- 9.5.3.3. Product Benchmarking
- 9.5.3.4. Strategic Initiatives
- 9.5.4. Onward Vet.
- 9.5.4.1. Participant's Overview
- 9.5.4.2. Financial Performance
- 9.5.4.3. Product Benchmarking
- 9.5.4.4. Strategic Initiatives
- 9.5.5. DaySmart Software, Inc.
- 9.5.5.1. Participant's Overview
- 9.5.5.2. Financial Performance
- 9.5.5.3. Product Benchmarking
- 9.5.5.4. Strategic Initiatives
- 9.5.6. Covetrus Inc. (Henry Schein)
- 9.5.6.1. Participant's Overview
- 9.5.6.2. Financial Performance
- 9.5.6.3. Product Benchmarking
- 9.5.6.4. Strategic Initiatives
- 9.5.7. Hippo Manager Veterinary Software
- 9.5.7.1. Participant's Overview
- 9.5.7.2. Financial Performance
- 9.5.7.3. Product Benchmarking
- 9.5.7.4. Strategic Initiatives
- 9.5.8. Digitail.
- 9.5.8.1. Participant's Overview
- 9.5.8.2. Financial Performance
- 9.5.8.3. Product Benchmarking
- 9.5.8.4. Strategic Initiatives
- 9.5.9. ProVet (NordHealth).
- 9.5.9.1. Participant's Overview
- 9.5.9.2. Financial Performance
- 9.5.9.3. Product Benchmarking
- 9.5.9.4. Strategic Initiatives
- 9.5.10. Oehm und Rehbein GmbH.
- 9.5.10.1. Participant's Overview
- 9.5.10.2. Financial Performance
- 9.5.10.3. Practice Benchmarking
- 9.5.10.4. Strategic Initiatives
Chapter 10. Key Takeaways