Mercer Capital’s Animal Health Industry Newsletter is a quarterly publication providing perspective on valuation issues pertinent to animal health professionals. Each issue includes a segment focus, market overview, mergers and acquisitions review, and more.
This issue includes a discussion on Veterinary Services. Excerpting from the discussion:
The veterinary industry faces competition from retail stores such as Pet Smart, which operated full service veterinary hospitals in 856 of its 1,352 storefronts as of August 2014. Similarly, some pet stores are offering in store vaccinations. As traditional vets expand their practices to compete with in store clinics, emergency vets will face increased competition, since increasing use of preventative measures should decrease demand for emergency care.
To read the entire write up, download the newsletter (pdf) here.