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Packaged Facts Commentary

Packaged Facts reports on a variety of topics that impact pets and the veterinary industry from their Pet Population and Ownership Trends in the U.S., 6th Edition. Source: Packaged Facts January 2022 Survey of Pet Owners

Pet Ownership Day and Night

Dogs and cats are spending more time with their owners, both inside the house and out. Packaged Facts’ survey results from January 2022 show that 80% of dog owners and 83% of cat owners keep these pets mostly or always indoors. Additionally, many pet owners are feeding their pets either in the same place they themselves eat (with 61% of dog owners and 55% of cat owners feeding their pets in the kitchen/family eating area) or in the family living area (24% of dog owners and 27% of cat owners).

This physical closeness extends to bedtime, with 62% of dog owners and 58% of cat owners allowing their pets to sleep in their beds/bedrooms. So, pet owners are close both day and night.

Monthly commentary (click to view)

For the YTD ending December 31, 2022, year over year reporting showed changes from the previous month’s YTD results among the respective categories ranging from (-0.2%) to +3.6%. Core and Lifestyle vaccine indices for canine and feline patients were at +1.6% growth across the 32,000+ practices and shelter locations in the Animalytix Marketplace. YTD Kennel Cough vaccine purchases, which provide a measure of the pet mobility, were at 2.4% growth. Purchases of chronic care medications and surgical consumables were (-3.5%) and (-0.3%) respectively while parasiticide growth is positive at +2.7% YTD compared to PYTD.

Among the VetWatch™ Bellwether reporting zones for Core/Lifestyle Vaccine Purchase growth vs PYTD, the Columbus, OH zone leads all markets with +5.4% growth. Growth for the Miami, FL zone performance was notable at +5.2% while Los Angeles, CA was the laggard in the group at (-3.5%) growth vs PYTD.

1 Select your zone from the map below.

*Map displays YTD Core & Lifestyle Vaccines sales courtesy of Animalytix

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Data last updated January 10 with YTD results through December 31.

2 Select a category below to see year to date category growth %'s.

Core & Lifestyle Vaccines
Kennel Cough
Chronic
Canine/Feline F/T/HW Parasiticides
Surgical
*The VetWatch sample reflects 32,000+ small animal practices and shelters including mixed and miscellaneous practices as well as emergency, rescue, spay and neuter hospitals in the US.

The next update will be scheduled after Dec. 1st. Enjoy the holidays!

Monthly commentary (click to view)

This week’s totals for reported parasiticide purchases across all segments year to date through the week ending March 6, are ahead of 2020 results by an extremely robust +12.2% among the 32,000+ practices and shelter locations in the Animalytix Marketplace. The most significant YOY change in the market is the +49.7% growth in the canine combination flea and heartworm products (e.g. specifically Simparica Trio), as substitution continues to occurring at the expense of products from the canine flea and tick preventatives which are experiencing a decline softening decline of (-1.9%) YTD. Canine heartworm preventatives purchases moved ahead of 2020’s record strong sales for the same period, posting growth of +2.6%. Feline flea and heartworm preventatives are now ahead of last year at a robust +8.8% growth.

Among the leading “Bellwether” parasiticide market zones, Greenville, SC now leads with +32.0% growth in total parasiticide purchases followed by Philadelphia, PA at +31.8%. Among the lagging “Bellwether” zones is Los Angeles, CA at +1.9% versus the same YTD period in 2020 bringing all “Bellwether” parasiticide market zones into the positive YTD.

1 Select your zone from the map below.

*Map displays YTD Canine/Feline F/T/HW Parasiticide sales courtesy of Animalytix

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2 Select a category below to see year to date category growth %'s.

Canine Flea/Tick
Canine Heartworm
Canine Flea & Heartworm Combos
Feline Flea / Heartworm
*The VetWatch sample reflects 32,000+ small animal practices and shelters including mixed and miscellaneous practices as well as emergency, rescue, spay and neuter hospitals in the US.

Monthly commentary (click to view)

For the month ending December 31, 2022, aggregate YTD practice revenues are at +4.5% net growth versus YTD 2021 for the ~3,000 reporting practices. Period performance growth in unique patients(pets) is at (-1.9%). Unique client and invoice growth posted (-2.0) and (-3.1%) growth respectively vs PYTD results.

Among the listed “Bellwether” market zones, San Diego, CA lead with +11.4% YTD revenue growth while unique patient growth was at -2.1%. Chicago, IL was notable among the laggard zones, finishing at (-0.3%) revenue growth and (-6.6%) growth in unique patients vs PYTD.

Following more current trends, the national 3-week rolling average for practice revenue growth was at (-1.8%). Three Census Divisions posted positive revenue growth for the current rolling 3-week average. The rolling 3-week average revenue growth index is designed to provide a more immediate view of growth trends (e.g., market velocity). A positive value indicates rolling revenue growth vs the prior year reported 3-week period.

1 Select your zone from the map below.

Map displays YTD total hospital revenue courtesy of Animal Care Technologies
*Indicates Merged Zone Group

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Unique patients (pets)
Unique clients (persons)
Total invoices
Total revenue

Veterinary Trend Watch

Monthly insight for US veterinary market trends

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1 Select your zone from the map below.

Key

2 Select a category below to see year to date category growth %'s.

1 Select your zone from the map below.

Key

2 Select a category below to see year to date category growth %'s.

1 Select your zone from the map below.

Key

2 Select a data point below.