Latin America Veterinary Software Market Size & Outlook
Latin America veterinary software market, 2018-2030 (US$M)
Latin America veterinary software market highlights
- The Latin America veterinary software market generated a revenue of USD 107.5 million in 2023.
- The market is expected to grow at a CAGR of 13.5% from 2024 to 2030.
- In terms of segment, practice management software was the largest revenue generating product in 2023.
- Telehealth Software is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 107.5 million |
| Market revenue in 2030 | USD 261.2 million |
| Growth rate | 13.5% (CAGR from 2023 to 2030) |
| Largest segment | Practice management software |
| Fastest growing segment | Telehealth Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Practice Management Software, Imaging Software, Telehealth Software |
| Key market players worldwide | IDEXX Laboratories Inc, Covetrus, Hippo Holdings Inc Class A, Carestream Health - HCIS business, HESKA, Mars Group Holdings Corp, Planmeca, Hippo Manager Software, Shepherd Software, DaySmart Software, Digitail, Provet, Onward Vet, Asteris, Vetstoria, Instinct Science |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.3% of the global veterinary software market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 439.8 million by 2030.
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Veterinary Software Market Scope
Veterinary Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America veterinary software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary software market will help companies and investors design strategic landscapes.
Practice management software was the largest segment with a revenue share of 59.81% in 2023. Horizon Databook has segmented the Latin America veterinary software market based on practice management software, imaging software, telehealth software covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America holds a significant share of the global veterinary software market. The increasing number of household pets, high demand for livestock products, and an increasing number of clinics in the region are likely to boost the market over the forecast period.
Furthermore, increased government funding has contributed to the market growth in countries like Brazil. Factors such as untapped opportunities, economic development, and rising awareness levels can contribute to the region’s rapid market growth.
Advantages associated with veterinary software products on-premises & cloud-based and their uses in hospitals and clinics are anticipated to drive the Latin America veterinary software market.
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Target buyers of Latin America veterinary software market databook
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Our clientele includes a mix of veterinary software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America veterinary software market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America veterinary software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America veterinary software market size, by country, 2018-2030 (US$M)
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