{"id":77033,"date":"2024-10-14T16:58:20","date_gmt":"2024-10-14T20:58:20","guid":{"rendered":"https:\/\/todaysveterinarybusiness.com\/?p=77033"},"modified":"2024-10-14T16:58:20","modified_gmt":"2024-10-14T20:58:20","slug":"shortage-report-101424","status":"publish","type":"post","link":"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/shortage-report-101424\/","title":{"rendered":"New Study Predicts No Shortage of Veterinarians"},"content":{"rendered":"

The number of graduates from existing veterinary colleges will likely meet demand until at least 2035, according to a Brakke Consulting report commissioned by the American Veterinary Medical Association.<\/p>\n

The analysis evaluated trends in DVM graduates, pet-owner households, disposable incomes and what people spend on pets.<\/p>\n

\u201cThe projections in this analysis do not justify a conclusion of overall excess capacity or capacity shortage by 2030 or 2035,\u201d said John Volk<\/a>, a Brakke Consulting senior analyst.<\/p>\n

A 2023 report by economist Dr. James Lloyd<\/a> on behalf of Mars Veterinary Health forecasted the need for up to 55,000 additional U.S. veterinarians by 2030.<\/p>\n

Using data from the U.S. Consumer Price Index and the AVMA\u2019s Veterinary Industry Tracker, the authors of the Brakke report found that veterinary service prices have risen while service volume has fallen.<\/p>\n

\u201cPrices went up for a long time. Now visits are down 2%,\u201d said co-author Matthew MacLachlan, a Cornell University assistant professor of veterinary business and entrepreneurship and the report\u2019s co-author. \u201cPrices went up faster than they did for the overall economy, so now there is a slowdown in visits, which we would expect, given higher prices.\u201d<\/p>\n

The authors expect the percentage of veterinarians in companion animal practice to grow modestly between now and 2035. They forecast an approximate 2% annual growth rate in pet ownership over the same period.<\/p>\n

According to the report, \u201cIf demand [for veterinary services<\/a>] is to accelerate substantially, it would need to come from changes in consumer preferences, especially to increased frequency of visits to the veterinarian or an increased consumption of veterinary services during the visit.\u201d<\/p>\n

Another consideration involves new veterinary colleges. If all 13 in various stages of accreditation open, the population of veterinarians would grow faster than pet-owning households, the report stated.<\/p>\n","protected":false},"excerpt":{"rendered":"

A Brakke report concludes that the number of clinicians will satisfy demand for years to come.<\/p>\n","protected":false},"author":23,"featured_media":21496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[90],"tags":[],"class_list":["post-77033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-online","column-news","clinical_topics-news"],"acf":{"hide_sidebar":false,"hide_sidebar_ad":false,"hide_all_ads":false},"yoast_head":"\nNew Study Predicts No Shortage of Veterinarians | Today's Veterinary Business<\/title>\n<meta name=\"description\" content=\"A Brakke report concludes that the number of veterinarians will satisfy pet owner demand for years to come.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" 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