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Veterinary Practice Growth

Veterinary Specialists in Short Supply

October 2, 2019 by Hugh Duffy

According to the American Veterinary Medical Association, veterinary specialists are in short supply and resulting from a lack of residency training programs.

The sheer growth of pet ownership has outstripped the supply.  By all means, veterinary specialists are growing at a faster rate than veterinarians overall, but specialists remain a small portion of the veterinary profession.  Data from the American Pet Products Association illustrate that pet ownership is on the rise everywhere, with 68% of US households owning a pet in 2018, vs just 50% in 1988.

As those pets are “treated” like a member of the family, the willingness to spend more on pet care and expensive medical procedures are increasing and extending the lives of pets.

Below are a few articles which illustrate the shortage:

Veterinary Specialists in Short Supply – JAVMA

DVM Needed – Veterinary News

Veterinarian Shortage Is Bad for Animals and Humans – Fortune

In the baby boomer days, a pet was added to the family after getting married and having kids.  Today, millennials are getting a pet before getting married.  And some are getting pets while in college.

 

Filed Under: Pet Hospital CPA - Veterinarian Near Me Tagged With: Pet Ownership Growth, Veterinary CPA Accountants Growth, Veterinary Practice Growth

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