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Veterinary Software Market 2018 – The Result of Efficient, Lean and the Attractive Economics! Forecast to 2023

This study covers the market dynamics and trends in major countries that are expected to influence the current market scenario and future status of the Global Veterinary Software Market over the forecast period.

 

Pune, India -- (SBWIRE) -- 03/08/2018 -- MarketResearchFuture.com adds "Veterinary Software Market - 2018 Global Analysis, Growth, Trends and Opportunities Research Report forecasting to 2023" reports to its database.

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The Global Veterinary software market is growing at the CAGR of ~5.1% during the forecast period 2017-2023 and expected to reach US$ 298.8 million by 2023.

The recent market developments has necessitated a 'see through' approach so as to avoid the slippery slope generated by the changing paradigms resulting from the powerful forces of economy, business models, competition and others. "Market Research future" presents its latest report titled "World Veterinary Software Market –forecast till 2023" to help clear the blur resulting from these developments and to give the reader a clear picture of the possibilities and nuisances lying ahead!

Global Veterinary software Market - Regional Analysis:
The market of veterinary software is much higher in the Americas region. There are huge population which consider the pet their best friend, which leads the emotional attachment between the owners and pets. Thus, pet owners invest more on the treatment of their pets for better health, which lead the market of veterinary software in this region. According to Statista, in 2017 around 89.7 million dogs are living in U.S. along with 94.2 million cat, whereas report suggest that there are 14 million small animal and 9.4 million reptile in United states. Report also suggest that approx. 12 million of dogs increase from 2015 to 2017.

Europe is also consider huge market for veterinary software players, owing to present of huge population keeping pets, thus concern about their health. Government are more focusing on research and development to introduce best treatment for the pets. According to a GfK SE survey, globally, 57% of population own pets, Dogs are the most popular pet globally, owned by 33 percent of respondents, with cats next at 23 percent.

Asia Pacific are considering the fastest growing market for veterinary software. The huge number of animals in China and India coupled with their unmet needs have made this market as the fastest growing in the world. Country in this region are focusing on better standards of living, which resulted in an increase in pet ownership and livestock product consumption across the Asia Pacific region. Whereas the Middle East and Africa are low market due to his poor living standard. Government are least concern about the development of veterinary healthcare industry. Developing countries are focusing on new technology, which provide the opportunity to the market player to maximize the market share. This gap between the developed and developing countries will present significant growth opportunity for the veterinary software market players in the coming years.

Global Veterinary software Market - Key Players:
Britton's Wise Computers Inc.(U.S.), ClienTrax.(U.S.), ezyVET Limited (New Zealand), Henry Schein, Inc. (U.S.), Hippo Manager Software, Inc. (U.S.), IDEXX Laboratories, Inc.(U.S.), Onward Systems, Inc. (U.S.), Patterson Veterinary Supply, Inc.(U.S.), Provet Cloud - Finnish Net Solutions Ltd.(Finland), VetBlue (U.S.), VETPORT (U.S.), Vetter Software, Inc. (U.S.) are some of the leading players at the cutting edge of the competition in the market of veterinary software, globally.

Veterinary software is the animal hospital software which is used for multiple purpose such as appointment scheduling, treatment management, patient information, payment and billing process, tracking the inventory, and follow-ups. These software are playing an important role in changing the traditional approach of veterinary healthcare. It help in setup individual practice, super-responsive customer/technical support, access to records online anywhere, and intuitive medical records. As per Oasmia Pharmaceutical AB in the United States, total number of pets (Dogs) has raised from 68 million to 83.3 million from the period 2000 to 2014, around 60 million dogs were kept as pets in countries like Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia and around 15 million dogs in Japan.

Global Veterinary software Market – Overview:
The global veterinary software market is rising with a moderate phase; mainly owing to increase spending by the pets owners on their pets. Most of the dog owners consider their dogs to be a member of their family. Thus, increasing attachment towards their pets rises the caring factor within the owners which leads the market of veterinary healthcare. According to American Pet Products Manufacturing Association (APPA), around 80% of all dog owners have taking the treatment for their dogs from veterinary clinics or hospitals, thus with the growing spending on treatment of pets enhance the market of veterinary software, and driving the growth of the global veterinary software market.

Companies are continuously engage in developing new software for capturing maximum market share globally. Thus major players invest more in research and development activity and expanding their network globally in order to lead the global market. In this regards, ezyVET Limited, in 2017, Announces that company is opening North American headquarters In Frisco, Texas in January 2018. This move by the company clearly indicate the interest of ezyVET to handle North America market in more effective way. This networking help Company to reach the patient population and capturing the market, whereas research and development will help company to leads the market. Increasing interest of people towards pets globally is the factor that leads the market of veterinary software. Moreover companies are more focus to capture the market.

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Global Veterinary software Market – Segments:
Global Veterinary Software Market has been segmented on the basis of type of product which comprise Imaging Software, Practice Management Software, and others. Practice Management Software further sub segmented into Desktop PMS, Client Server PMS, and Internet-Based PMS while Imaging Software further sub segmented into Diagnostic Imaging. Radiation Oncology. On the basis of deployment it segmented into On-Premise, Cloud-based and others. On the basis of end user market is segmented into veterinary hospitals and clinics, Research laboratories, Educational institutions, and others. Hospitals and clinics further sub segmented into Small animal clinics, large animal clinics, and Exotic animal clinics.

BRIEF TOC:

Chapter 1. Report Prologue

Chapter 2. Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

Chapter 3. Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Mega Trends

4.5 Macroeconomic Indicators

Chapter 5. Market Factor Analysis

5.1 Value Chain Analysis

5.2 Porters Five Forces

5.3 Demand & Supply: Gap Analysis

5.4 Pricing Analysis

5.5 Investment Opportunity Analysis

5.6 Merger and Acquisition Landscape

5.7 Upcoming Trends

5.7.1 Market Trends

5.7.2 Technological Trends

5.7.3 Insurance & Regulations

5.7.4 Others

…CONTINUED

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