COVID-19 Impact on the Global Veterinary Market
February 5, 2021
This is the largest survey of its kind and was possible thanks to the WSAVA, Vetspanel, and a large number of local veterinary publications and global veterinary associations. The survey was carried out among 5,000 veterinary professionals in 91 countries (with 130 Canadian veterinarians participating). The fieldwork took place between November 1 and 20, 2020. This release covers the impact of the pandemic. A second release will follow, looking at how the profession's current challenges and future expectations have changed over time.
Veterinary Industry’s 2020 growth comes with a human cost
New research from CM Research & WSAVA shows that whilst revenues and client numbers are increasing, staff are squeezed due to supply & stock issues and the burden of measures in place to manage the pandemic.
Access the report here.
- Despite the challenges and new ways of working created by the pandemic, for many clinics client numbers are increasing – especially in North America and Australia.
- The financial impact on clinics has been varied, with certain regions/countries reporting notably better figures than others. Australia and the USA stand out as the two countries where clinics have seen the strongest growth.
- While veterinary professionals in Australia and New Zealand have a positive outlook on the future and believe we are now coming out of the pandemic, the overall feeling globally is more pessimistic.
- Issues with stock and the supply chain have been widespread, especially in North America. Pharmaceutical products and PPEs are the areas most affected.
- Clinic activities have also shifted, with offerings such as home visits and routine check-ups typically reduced or stopped altogether in most regions. Pet vaccination levels have also dropped, especially in Western Europe.