Veterinary Software Market hits at a CAGR of 6.1% by 2022
Posted by Kriti on July 9th, 2019
The global Veterinary Software Market is projected to reach USD 594 million by 2022 from USD 442 million in 2017, at a CAGR of 6.1%.
The Research report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Veterinary Software Market, along with revenue estimates & forecasts and market share analysis
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 Software Market segmentation
The Major Players Opearting in the Veterinary Software Market:
Key players 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).
Henry Schein (US) was the leading player in the global Veterinary Software Market.
The company focuses on inorganic growth strategies to strengthen its market position. The strategic acquisitions made by the company allow it to access the capabilities of complementary businesses and expand geographically. eVetPractice (2017), RxWorks (2016), and Vetstreet (2016) are some of the recent acquisitions made by the company.
Geographical Detailed Analysis for Veterinary Software Market:
North America was the largest regional market for veterinary software, followed by Europe.
The high demand for veterinary software in North America can primarily be attributed to the growing demand for quality pet care in the region. Also, the growing awareness about veterinary software and the easy availability of veterinary software & services are the major factors that are expected to drive market growth in North America during the forecast period.
Read More in Detailed (Veterinary Software): https://www.marketsandmarkets.com/PressReleases/veterinary-software.asp
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About the AuthorKriti
Joined: July 3rd, 2019
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