Like many others, Mars Veterinary Health believes the industry is facing a chronic shortage of veterinary professionals.
To understand the scope, we enlisted the help of a researcher to quantify the shortage as it relates to companion animal veterinarians, veterinary technicians, and veterinary specialists—and begin to identify industry-wide solutions.
Key findings from the studies include:
- Pet healthcare services spending is expected to increase 3-4% per year beyond inflation over the next 8-10 years.
- Up to 55,000 additional veterinarians will be needed to meet the needs of companion animal healthcare in the U.S. by 2030.
- Even with the new veterinary graduates expected over the next 10 years, a shortage of up to 24,000 companion-animal veterinarians will likely still exist by 2030.
- It would take more than 30 years of graduates to meet the 10-year industry need for credentialed veterinary technicians.
Mars Veterinary Health, together with our family of veterinary practices, is helping tackle the shortage by:
- Building a bigger talent pipeline and strengthening career pathways
- Innovating care delivery to reach more pets
- Doubling down on supporting the health and wellbeing of veterinary professionals
- Investing in equity, inclusion & diversity initiatives
- Offering student debt relief to Associates
Download the full studies and infographic below.