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Veterinary Practice Management Software Market to be Worth $674.5 Million by 2031- Exclusive Report by Meticulous Research®

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REDDING, Calif., June 5, 2024 /PRNewswire/ — According to a new market research report titled, “Veterinary Practice Management Software Market Size, Share, Forecast, & Trends Analysis by Delivery Mode (On-Premises, Cloud) Practice (Companion Animals, Mixed, Equine) Functionality (Billing, EMR, Scheduling, Inventory) End User — Global Forecast to 2031″, published by Meticulous Research®, the veterinary practice management software market is expected to reach $674.5 million by 2031, at a CAGR of 7.7% from 2024 to 2031.

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Veterinarians use veterinary practice management software to manage patient information, treatment planning, and scheduling, as well as back-office functions, such as accounting. This type of software helps veterinary clinics with patient diagnosis and treatment management and allows nurses or technicians to deliver treatments efficiently. Administrative personnel use veterinary practice management software to manage patient communications, influx, and payments. More advanced veterinary practice management software is available for veterinary hospitals, while small clinics or private practices can use scaled-down versions.

The growth of this market is driven by key factors such as the growing pet & livestock population, the growing risk of developing chronic & infectious diseases in companion & livestock animals, the growing number of strategic partnerships resulting in product innovation and software integration, and increasing animal health expenditure & pet insurance in developed countries.

However, limited adoption among small veterinary medical practices restrains the market’s growth. Additionally, the dearth of veterinary practitioners for livestock animals poses a challenge to the market’s growth.

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Growing Risk of Developing Chronic & Infectious Diseases in Companion & Livestock Animals is Driving the Market Growth

In recent years, disease prevalence in companion animals has been changing. There are many conditions responsible for increasing the prevalence of diseases and affecting the health of the pet population. Obesity, diabetes mellitus, and heartworm diseases are the most common diseases diagnosed in canine and feline populations. Diabetes Mellitus is a chronic disease requiring lifelong treatment, medication, and proper monitoring. As of 2023, as per the data revealed by the Association for Pet Obesity Prevention (APOP), 28% of cats and 17% of dogs in the U.S. were considered overweight or obese. Similarly, the prevalence of diabetes is also high in companion animals.

In addition to chronic diseases, infectious diseases in animals increase the visits to veterinary clinics. Zoonoses, or infections spreading from animals to humans, disrupt the production and trade of products based on livestock. In livestock, pathogenic infections include atrophic rhinitis, bluetongue, bovine spongiform encephalopathy (BSE), avian influenza, swine influenza, and bovine diarrhea. According to the World Health Organization (WHO), approximately 60% of infectious diseases reported all over the world come from animals, including domestic and wild.

The veterinary practice management software market is segmented based on Delivery Mode (On-Premise and Cloud/Web-based Model), Practice Type (Companion Animal Practices, Mixed Animal Practices, Food Producing Animal Practices, and Equine Practices), Functionality (Appointment Scheduling, Electronic Medical Records, Inventory Management, Billing and Invoicing, Other Functionalities), End User (Veterinary Hospitals, Referral & Specialty Practices, and Ambulatory Veterinary Services), and Geography. The study also evaluates industry competitors and analyzes their market share at global and regional levels.

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The report also includes an extensive assessment of the key growth strategies adopted by leading market players over the past three to four years. Some of the key players operating in the veterinary practice management software market are IDEXX Laboratories, Inc. (U.S.), COVETRUS, INC. (U.S.), Hippo Manager Software, Inc. (U.S.), Advanced Technology Corp. (U.S.), VETport LLC. (U.S.), DaySmart Software (U.S.), AmerisourceBergen Corporation (U.S.), Animal Intelligence Software Inc. (U.S.), FirmCloud Corp. (U.S.), ClienTrax (U.S.), and ezofficesystems Ltd. (U.K.).

Among the delivery modes covered in this report, in 2024, the on-premises model segment is expected to account for the larger share of 58.7% of the veterinary practice management software market. However, the cloud/web-based model segment is expected to show the fastest growth rate of CAGR during the forecast period. Big or medium-sized veterinary settings generally use cloud/web-based veterinary practice management software. Cloud/web-based veterinary practice management software eliminates the need for a physical server and any maintenance costs that go hand-in-hand with a physical on-premises server. Cloud/web-based software works well with veterinarians who often work out of the clinic (or travel) to visit their patients on farms.

Among the practice types covered in this report, the companion animal practices segment is expected to account for the largest share of the veterinary practice management software market. Companion animal practices are the most common type of veterinary practice specializing in caring for small animals like cats, dogs, birds, rabbits, and some pocket pets. Companion animal practices generally use veterinary practice management software to assist daily operations such as scheduling appointments, communicating with patients, generating e-medical records, invoicing & accounting, reporting (revenues, products or services sold, end of the day reports), generating invoices, inventory tracking, and generating client database. Veterinary practice management software helps veterinarians deliver the best care to their patients by streamlining workflows and automating time-consuming tasks.

Among the functionalities covered in this report, the appointment scheduling segment is expected to account for the largest share of the veterinary practice management software market. This segment’s large market share can be attributed to increasing chronic diseases in pets and growing awareness of animal health.

Among the end users covered in this report, in 2024, the veterinary hospitals segment is expected to account for the largest share of 93.8% of the veterinary practice management software market. The large market share of this segment can be attributed to the growing number of veterinary hospitals, the rising number of veterinarians, and the adoption of advancements in veterinary hospitals.

Based on geography, the veterinary practice management software market is segmented into North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), Latin America, and Middle East & Africa. In 2024, North America is expected to account for the largest share of 37.8% of the veterinary practice management software market. North America’s major share can be attributed to the rising pet ownerships, growing pet industry expenditures, rising prevalence of diseases in companion animals, and growing awareness about animal health.

The Asia-Pacific veterinary practice management software market is slated to register the highest growth rate of during the forecast period.

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Scope of the Report

Veterinary Practice Management Software Market, By Delivery Mode

On-premisesCloud/Web-based

Veterinary Practice Management Software Market, By Practice Type

Companion Animal PracticesMixed Animal PracticesFood Producing Animal PracticesEquine Practices

Veterinary Practice Management Software Market, By Functionality

Appointment SchedulingElectronic Medical RecordsInventory ManagementBilling and InvoicingOther Functionalities

Note: Other functionalities include prescription management and reporting & analytics.

Veterinary Practice Management Software Market, by End User

Veterinary HospitalsAmbulatory Veterinary ServicesReferral & Specialty Practices

Veterinary Practice Management Software Market, by Geography

North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalySpainSwitzerlandNetherlandsRest of Europe (RoE)Asia-Pacific (APAC)ChinaJapanIndiaAustraliaSouth KoreaRest of APAC (RoAPAC)Latin AmericaMiddle East & Africa

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Related Reports:

Livestock Diagnostics Market by Product (Consumables {Influenza, Foot and Mouth Disease}, System, Software), Technology (Immunodiagnostics {ELISA}, Molecular diagnostics {PCR}), Animal Type (Bovine, Swine, Poultry), and End Users – Global Forecast to 2028

Livestock Monitoring Market by Offering (Hardware, Software, Services), Animal Type (Cattle, Poultry, Swine, Others), Deployment Mode, Application (Milk Harvesting, Breeding Management, Others), Technology, Geography – Global Forecast to 2030

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com    
Visit Our Website: https://www.meticulousresearch.com/  
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Technology

BASX Hosts Ribbon-Cutting Ceremony for New State-of-the-Art Weld Shop

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30 mins ago

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September 19, 2024

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REDMOND, Ore., Sept. 19, 2024 /PRNewswire/ — BASX (“BASX” or the “Company”), a leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, and custom HVAC systems, is proud to announce the official ribbon-cutting ceremony for its newly completed 36,000-square-foot weld shop. The Redmond Chamber of Commerce performed the ribbon cutting on September 18th, 2024, at BASX headquarters.

The weld shop will create significant job opportunities in the Central Oregon region, with the capacity to fill an additional 30 welding positions. Positions range from entry-level to experienced roles, with professional opportunities in various growing departments within the Company.

“This new facility is a major investment not just in our company, but in the future of Central Oregon,” said Dave Benson, AAON VP and BASX President. “We can now deliver even higher levels of quality and efficiency while providing more job opportunities for the community. We’re proud to support local manufacturing growth and look forward to seeing the impact this expansion will have on both BASX and the region.”

The new shop marks a major expansion in the Company’s production capabilities, introducing state-of-the-art welding technology within a climate-controlled environment. Equipped with advanced air filtration systems, including an AAON make-up air unit and multiple air scrubbers, the shop ensures exceptional air quality for its workers. The space also features two 5-ton overhead cranes and six ½-ton cantilever jib cranes, allowing for efficient movement of materials across the facility.

A key highlight of the facility is its cutting-edge tube laser, capable of precision cutting and profiling round and square tubes, as well as C-channel and I-beam profiles up to 27 feet in length. Additionally, a 75-foot-long dual-zone robotic welding cell is scheduled to be installed and operational in early 2025, enabling the welding of large subassemblies up to 10 tons.

The shop’s innovative capabilities will support the Company’s growth and solidify its position for ongoing expansion. In addition to the 30 new welding jobs, BASX is actively hiring across various departments to support its continued success. To learn more about available positions and apply, visit the BASX careers page at www.basxsolutions.com/careers.

About BASX
Founded in 2014 in Central Oregon, BASX is an industry leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, custom HVAC systems, and modular solutions. Acquired by AAON in 2021, BASX continues to focus on quality, innovation, and state-of-the-art technology. The Company is proud to display the Made-in-America emblem on all its products. For more information, please visit www.basx.com.

Contact Information
Christina Lattanzio
Marketing Manager
(918) 508-9272
Email: Marketing@basx.com

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SOURCE AAON

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NASA Sets Coverage for Astronaut Tracy C. Dyson, Crewmates Return

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September 19, 2024

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WASHINGTON, Sept. 19, 2024 /PRNewswire/ — NASA astronaut Tracy C. Dyson, accompanied by Roscosmos cosmonauts Nikolai Chub and Oleg Kononenko, will depart from the International Space Station aboard the Soyuz MS-25 spacecraft, and return to Earth.

Dyson, Chub, and Kononenko will undock from the orbiting laboratory’s Prichal module at 4:37 a.m. EDT Monday, Sept. 23, heading for a parachute-assisted landing at 8 a.m. (5 p.m. Kazakhstan time) on the steppe of Kazakhstan, southeast of the town of Dzhezkazgan.

NASA’s live coverage of return and related activities will stream on NASA+ and the agency’s website. Learn how to stream NASA content through a variety of platforms, including social media.

A change of command ceremony also will stream on NASA platforms at 10:15 a.m. Sunday, Sept. 22. Kononenko will hand over station command to NASA astronaut Suni Williams for Expedition 72, which begins at the time of undocking.

Spanning 184 days in space, Dyson’s mission includes covering 2,944 orbits of the Earth and a journey of 78 million miles. The Soyuz MS-25 spacecraft launched March 23, and arrived at the station March 25, with Dyson, Roscosmos cosmonaut Oleg Novitskiy, and spaceflight participant Marina Vasilevskaya of Belarus. Novitskiy and Vasilevskaya were aboard the station for 12 days before returning home with NASA astronaut Loral O’Hara on April 6.

Kononenko and Chub, who launched with O’Hara to the station on the Soyuz MS-24 spacecraft last September, will return after 374 days in space and a trip of 158.6 million miles, spanning 5,984 orbits.

Dyson spent her fourth spaceflight aboard the station as an Expedition 70 and 71 flight engineer, and departs with Kononenko, completing his fifth flight into space and accruing an all-time record 1,111 days in orbit, and Chub, who completed his first spaceflight.

After returning to Earth, the three crew members will fly on a helicopter from the landing site to the recovery staging city of Karaganda, Kazakhstan. Dyson will board a NASA plane and return to Houston, while Kononenko and Chub will depart for a training base in Star City, Russia.

NASA’s coverage is as follows (all times Eastern and subject to change based on real-time operations):

Sunday, Sept. 22
10:15 a.m. – Expedition 71/72 change of command ceremony begins on NASA+ and the agency’s website.

Monday, Sept. 23
12:45 a.m. – Hatch closing coverage begins on NASA+ and the agency’s website.

1:05 a.m. – Hatch closing

4 a.m. – Undocking coverage begins on NASA+ and the agency’s website.

4:37 a.m. – Undocking

6:45 a.m. – Coverage begins for deorbit burn, entry, and landing on NASA+ and the agency’s website.

7:05 a.m. – Deorbit burn

8 a.m. – Landing

For more than two decades, people have lived and worked continuously aboard the International Space Station, advancing scientific knowledge, and making research breakthroughs that are not possible on Earth. The station is a critical testbed for NASA to understand and overcome the challenges of long-duration spaceflight and to expand commercial opportunities in low Earth orbit. As commercial companies focus on providing human space transportation services and destinations as part of a robust low Earth orbit economy, NASA is focusing more resources on deep space missions to the Moon as part of Artemis in preparation for future human missions to Mars.

Learn more about International Space Station research and operations at:

https://www.nasa.gov/station

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SOURCE NASA

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Global claims guidance leader EvolutionIQ joins as CALI’s inaugural Life Partner

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30 mins ago

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September 19, 2024

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NEW YORK, Sept. 20, 2024 /PRNewswire/ — US-based EvolutionIQ, a global leader in claims guidance technology, has signed on as the Council of Australian Life Insurers (CALI)’s first Life Partner as part of its corporate partner program.

The CALI Partner Program is designed to foster collaboration and create a connected ecosystem of industry experts.

CALI Life Partners share the industry’s mission to make life insurance accessible, understandable and trusted. They are companies that support Australian life insurers to help Australians and their families have peace of mind about their future so they can live in the most healthy, confident and secure way.

“We are pleased to welcome EvolutionIQ as CALI’s inaugural Life Partner. The CALI Partner Program plays an important role in connecting our members to the latest innovators, like EvolutionIQ, that can move their businesses forward,” said CALI CEO Christine Cupitt.

“We want to work closely with each of our partners to strengthen and support the life insurance industry to deliver better customer experiences for millions of Australians on their best and worst days.”

Headquartered in New York, EvolutionIQ has expanded significantly since 2019. Its clients include major insurance carriers such as Sun Life, Reliance Matrix and Principal Financial. Their AI-powered software makes insurance claims processes more personalised, fair and cost-effective so that more people can recover faster and return to work.

“We are committed to supporting the Australian life insurance ecosystem and being a CALI Life Partner enables us to specialise our products to meet the dynamic needs of the Australian markets,” said EvolutionIQ’s Co-CEO, Mike Saltzman.

“Our partnership with CALI means we can contribute to and shape customer experiences in Australia, and ultimately help more people return to health and a livelihood sooner.”

About EvolutionIQ
EvolutionIQ pioneered Claims Guidance in 2019. Its explainable AI guides insurance claims professionals to their highest potential impact claims, improving the claimant experience and delivering better claim outcomes to claimants, carriers and their customers. EvolutionIQ serves the group disability, individual disability and workers’ compensation markets worldwide. EvolutionIQ’s AI native products have been adopted by 70% of the top 15 U.S. disability carriers and a growing list of workers’ compensation carriers. The New York-based company employs 185 staff across the United States, Europe and Australia. For more information, visit evolutioniq.com and follow the company on LinkedIn.

About CALI
We support Australians to make informed choices about their future and help them live in a healthy, confident and secure way over their lifetime.

Our members’ products and services give people peace of mind when making important decisions and provide a financial safety net during life’s biggest challenges.

We advocate for national policy settings that expand Australians’ access to the life insurance protection that suits them when they need it most.

CALI represents all life insurers and reinsurers in Australia. The Australian life insurance industry is today a $26.4billion industry, employing thousands of Australians and paying billions of dollars of benefits each year.

To view CALI’s corporate partners visit www.cali.org.au/about-us/#our-partners

For more information, visit www.cali.org.au

Media Contact
Jason Kapler
Vice President of Marketing
EvolutionIQ
(917) 740-5608
Press@evolutioniq.com

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SOURCE EvolutionIQ

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