1、VeterinaryIndustryBenchmarkReport2026 veterinary industry benchmark veterinary industry benchmark reportIntroduction1-2Industry Overview3-10Revenue Mix11-17Financial Benchmarks18-22Staffing23-27Regional Breakdown28-33Closing Thoughts34- veterinary industry benchmark reportIntroductionA year that rew
2、arded discipline:growth continued,but the engine behind it changed.The veterinary industry posted another year of positive growth in 2025,but the manner in which that growth was achieved continued to evolve.Revenue rose 2.6%year over year,reflecting a continued demand for veterinary services,even as
3、 the conditions shaping that demand shifted further.While the headlining number indicates stability,the underlying components reveal a more complex story.Transaction volume declined 4.7%nationally,and new client acquisition remained below prior-year levels.Yet most hospitals still posted positive to
4、p-line results.How?The answer lies in a continued rise in Average Transaction Charge(ATC),which grew 7.5%industry-wide.With fewer appointments available to drive revenue,practices increasingly relied on the value generated within each visit.01Growth didnt disappear in 2025,but it did become harder t
5、o earn.Diagnostics,professional services,and other core medical offerings helped offset slowing visit frequency,pushing ATC growth well above typical annual fee adjustments.At the same time,lower-margin inventory categories continued to soften,shifting the revenue mix further toward service-based me
6、dicine.The result is an industry that remains financially healthy but is evolving operationally.Growth is becoming less about appointment volume and more dependent on how effectively hospitals deliver comprehensive care during each visit.For hospital leadership,that means financial performance is no