The veterinary inventory management software market is still quite small when considered separately, including solutions like Inventory Ally. Therefore, veterinary practice management platform vendors, like Covetrus, offer it as a module or as part of a more comprehensive suite of veterinary software products. For veterinary software startups, developing innovative, cloud-based, mobile-first practice management solutions with inventory management functionality appears more attractive, given the growing interest in this product among buyers due to the increasing number of pets, their illnesses, and the possibilities offered by new technologies (AI). Due to this, some estimates predict that this market will grow at a compound annual rate of more than 13% over the next five years.
Alex Shestel
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