Source: dvm360
Veterinary service prices are rising significantly faster than general inflation, influencing pet owners’ healthcare decisions and contributing to declining Veterinary visits. An analysis of 29 years of federal data found that Veterinary prices increased 47% between 2019 and 2025, compared with 26% for overall consumer prices.
Companion animal visits declined annually from 2022 through 2025, with preventive care experiencing particularly significant reductions. Wellness visits fell 3.8% in 2025, suggesting pet owners are increasingly postponing routine care while prioritizing urgent medical needs. National surveys revealed that 52% of pet owners skipped or declined necessary care, with 71% citing cost. Among those declining care because of expense, 73% reported receiving no lower-cost alternatives.
The findings emphasize opportunities for Veterinary practices to improve affordability through payment plans, tiered treatment options, and transparent financial discussions. Researchers also recommend monitoring inflation-adjusted revenue and prioritizing preventive care to support patient health and client access.
Read the full story HERE: https://www.dvm360.com/view/vet-bills-are-outpacing-inflation-here-s-what-that-s-doing-to-client-decisions