The Latin America, Middle East and Africa Veterinary Software Market would witness market growth of 11.5% CAGR during the forecast period (2021-2027).
Telemedicine has been making its way into the veterinary sector at a very fast pace. Veterinary experts and their clients benefit from the multiple advantages that telemedicine provides due to the latest socially distanced way of practicing medicine. Several large practice management software companies were quick to respond by incorporating telemedicine capabilities.
Over the last few decades, the increasing use of information technologies in healthcare operations has dramatically evolved the ways of animal care across various veterinary clinics and hospitals. New veterinary practice management software allows hospitals and clinics to easily access diagnostic test findings, significantly reduce the treatment time and offering convenience to pet owners. This type of data sharing over the internet also improves treatment efficiency and reduces the risk of a medical error. Additionally, the development of technologically advanced software in veterinary clinics that provides solutions in a single platform for all processes is expected to contribute to an increase in adoption rates of these veterinary software.
This region comprises significant numbers of livestock. A lot of people are employed in animal husbandry for their livings. According to the data shared by Statistics South Africa in its report, Agricultural Households, in 2016, the number of households that were engaged in the agricultural sector of South Africa was 2.3 million. 28% of these people were dependent on poultry farming. Due to this, the number of chickens and hens across this region is increasing. In addition, In Eastern Cape, 34.1% of the households, which were indulged in agriculture, farmed 1-10 cattle in 2016. This led to a dramatic increase in the number of cattle across this region.
Moreover, the increasing urbanization across this region enables people to leverage various latest technologies for facilitating their day-to-day tasks. The advent of veterinary software would offer significant convenience to these people who are relying on livestock for their earnings.
The Brazil market dominated the LAMEA Veterinary Software Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $13.2 million by 2027. The Argentina market is poised to grow at a CAGR of 12.1% during (2021 - 2027). Additionally, The UAE market would experience a CAGR of 11.2% during (2021 - 2027).
Based on Product, the market is segmented into Practice Management Software and Imaging Software. Based on Delivery Mode, the market is segmented into On-premise and Cloud. Based on End-use, the market is segmented into Hospitals/Clinics and Reference Laboratories. Based on Practice Type, the market is segmented into Food-producing Animals, Small Animals, Mixed Animals, Equine, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Veterinary Software Market is Predict to reach $919.2 Million by 2027, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Animal Intelligence Software, Inc., Onward Vet, Veterinary Information Systems, ClienTrax, VetZ GmbH (Heska Corporation), Hippo Manager Veterinary Software, Inc., IDEXX Laboratories, Inc., Henry Schein, Inc., Patterson Companies, Inc., and Esaote SpA.
By Product
By Delivery Mode
By End-use
By Practice Type
By Country
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