Excited to share insights from the recent Anivators event, a precursor to the London Vet Show & BVA Live! Needed a quick break from my presentation prep (sorry Harry N., Charlotte Ellicott still a work in progress). I was thrilled to witness the convergence of innovation and animal health. Here are some key takeaways: Innovation in Animal Health Leona Crawford from Layered emphasised the power of innovation to enhance animal health and drive efficiency for pets, practices, and pet owners. The focus on connecting innovative ideas with impactful potential is crucial, especially as millennials and Gen Z drive demand for premium and connected pet care. Industry Trends and Investment Arthur Redpath from SC Group highlighted the animal health industry's growth potential, driven by innovation and technological advancements. The shift towards monoclonal antibodies and biotechnological innovations is particularly exciting (well maybe not for me, but I know you guys get excited about it). However, funding remains a challenge, especially for early-stage innovations. M&A and Corporate Challenges Matthew Lee from Lincoln International provided valuable insights into M&A trends in animal health. Despite recent market fluctuations, there's optimism due to improving company fundamentals and strong revenue growth. All veterinary businesses face challenges like staff shortages and cost pressures, emphasising the need for innovative solutions. Dragon's Den-Style Pitches Two impressive pitches stood out: 1. HeckinGood: Owen Monie presented an innovative approach to pet insurance, focusing on short-term comprehensive care and emergency surgery cover. 2. Boop: Charlie Barton and Jamie Crittall introduced Boop, a digital platform aiming to revolutionise pet vaccination records and connect pet owners with their pet care ecosystem. The Anivators event showcased the incredible potential for innovation in our industry. As we prepare for the London Vet Show & BVA Live, it's clear that the future of animal health is bright, driven by technology, data, and a deep commitment to improving pet care. What innovations are you most excited about in the veterinary field? Let's continue this conversation! #AnimalHealth #VetTech #Innovation #LondonVetShow #ModernVeterinaryPractice
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🌟 The Future of Companion Animal Diagnostics: Key Insights 🌟 Hey everyone! I came across a fascinating report on the U.S. companion animal diagnostics market and wanted to share some key insights with you. 🩺 Market Growth: The U.S. companion animal diagnostics market is expected to grow at a CAGR of 6.81% from 2023 to 2029, reaching $4.28 billion. This growth is driven by the increasing prevalence of companion animal diseases and the rising pet ownership in the U.S. 🔬 Molecular Diagnostics: This sector is set for significant expansion, thanks to the growing demand for rapid, cost-effective test results. Pet owners' preference for quick and accurate diagnostics is propelling this growth. 📈 Consumer Focus on Pet Health: Post-pandemic, there’s a notable increase in pet owners prioritizing their pets' health and wellness. In 2022, 58% of dog owners and 54% of cat owners prioritized products to enhance their pets' health. 🐕 Rising Pet Ownership: Over 70% of U.S. households now own a pet, fueling the demand for advanced diagnostic solutions. Pet owners are increasingly committed to ensuring their pets receive comprehensive healthcare, driving market expansion. 💼 Competitive Landscape: The market features significant players like Fujifilm, Antech Diagnostics, IDEXX, Mindray Animal Medical, Samsung Electronics, and Zoetis. These companies are constantly innovating to stay competitive. 💡 My Take: As a social media marketing manager and pet parent myself, it’s exciting to see such advancements contributing to better health outcomes for our furry friends. This growth in the companion animal diagnostics market underscores the importance of advanced and accessible diagnostic solutions in modern pet care. I’d love to hear your thoughts on this. How do you think this will impact the industry? Let’s discuss! 🔗 [https://lnkd.in/guXeSUwG] #AnimalHealth #PetCare #Diagnostics #VeterinaryMedicine #PetHealth #IndustryInsights
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🎧 I strongly recommend this episode of the Veterinary Business Podcast where Peter Weinstein is deeply investigating Modern Animal business 🎙️ Great interview of Steven Eidelman and Christie Long, DVM sharing their path and their view about where and how the veterinary clinic should go. 🩺 Vet school should not only prepare students for having a job but how to run a business 💡 There's a bunch of very good insights for the European vet market too. #veterinarycare #petcare
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💡 Did you know that it is annual #VetNurseAwarenessMonth? As May comes to a close, we want to take this opportunity to recognise two of our portfolio companies. According to Bloomberg, the global pet economy is projected to nearly double in size by 2030, reaching an astonishing $500 billion in less than a decade. In response to the growing companion animal population, Clínicas MiVet and Santévet are setting new standards in animal healthcare. Their impact wouldn't be possible without exceptional vet nurses across Europe. 👩⚕️ Here’s how their services are making a difference: 👉Clínicas MiVet has ~400 incredible employees serving animals across 49 veterinary clinics – 148 of whom are nurses 👉Santévet has insured over 700,000 pets since its inception, offering the highest quality pet coverage 🐾 Thank you to all the incredible vet nurses for their dedication and hard work! #PetCare #VeterinaryNursing #AnimalHealth #PetInnovation #MiVet #Santévet #IndustryGrowth #PetInsurance #VetNurseAwarenessMonth Gabriele Mariani Carlos Alonso Calleja Charles Nantois Delphine Goor Thomas Mourry
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The veterinary profession faces many workforce challenges from high turnover to mental health struggles. In this article from Fortune, our CEO, Kristin Peck, shares how Zoetis is on the frontlines trying to address these issues through collaboration and innovation. Read more: https://lnkd.in/eaK3yEK6 #VeterinaryMedicine #VeterinaryProfession
AI Use Cases in Animal Health
fortune.com
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AI: Transforming veterinary care from clinic to home! 🏥🏠🐾 I have just finished a live Webinar on "Current Uses in Veterinary Medicine and Animal Health" that showcased how AI is revolutionizing our field. The session covered various applications, from clinical diagnostics to practice management. Key areas explored: Advanced imaging and diagnostics AI-powered health monitoring Predictive analytics for disease prevention Practice management optimization Enhanced client communication Liz Barton emphasized the potential for improved pet health: "Where they can empower pet owners to get health information about their pets that may well cause them to seek veterinary intervention earlier and get their pets treated earlier." Jack Peploe pointed to an exciting future: "As these technologies continue to evolve, we can expect to see even more innovative solutions to bridge the gap between home care and professional veterinary services." The key takeaway? AI is augmenting veterinary expertise, enabling us to provide more efficient and focused care. While it may change some aspects of our work, it's enhancing our ability to diagnose, treat, and engage with pet owners effectively. How do you see AI enhancing the connection between vets, pets, and their owners? Let's discuss! #VeterinaryInnovation #AIinHealthcare #AnimalWelfare #FutureOfVetMed #thewebinairvet
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Unleashing the Future of Canine Health Care: Sanjeev Goel MD Vision for Peak Canine Peak Canine is a project that blends the latest advancements in human healthcare with veterinary knowledge to give our furry companions the same level of care we would expect for ourselves. Pets, particularly dogs, do not simply share our homes; they reside in the hearts of millions of families, becoming an intrinsic part of our lives. Despite this profound bond, Dr. Sanjeev recognized a gap in the level and quality of healthcare available to our canine companions compared to human standards. Inspired by this discrepancy, Peak Canine was founded with the ambitious goal of fostering human-level healthcare that pivots from treating illnesses to embracing preventive measures to ensure our pets' longevity and well-being. Beyond Veterinary Care Traditional veterinary care has played an integral role in attending to our pets' health needs, focusing mainly on acute conditions or presenting complaints. However, Peak Canine wishes to transcend these confines by adopting a more holistic approach. The strategy is geared towards prevention—contemplating not just the present but prioritizing the future health of dogs. This approach encompasses a gamut of innovative tests and interventions pioneering in pet healthcare, including metabolic testing, genetic screening, and even biological age determination for dogs. We're seeking the first 100 dogs to participate in the first metabolic and biological study to understand longevity and anti-aging for dogs better. For more information, head on over to www.peakcanine.ca #peakcanine #petlovers #doglovers #dogwellness
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Let me be your pet's doctor🙂↕ What has #AI got to do in veterinary care. AI is making big strides in helping our furry friends stay healthy. (I call 'em all furry friends, except you have a snake as your pet 😅) It helps vets 👉 diagnose illnesses faster with image analysis, 👉 track health data to predict future issues, 👉 and even customize treatments for each individual pet. Why is this awesome? Because it means quicker, more accurate care for pets, making them happier and healthier, and giving pet owners peace of mind. Do you now see AI as the future of veterinary medicine? If you're using #ArtificialIntelligence to better care for animals, let’s connect Your groundbreaking work could be featured in our next episode. Follow Prisca Ekhaguere, CSc for more on how AI is changing the game in pet healthcare ♻️ Repost if you love your pets 🤗 #AIVeterinaryCare #Vetdoctor #Vet #Vetirinary #Pet #Treatment #Dogs #Cats #Rabbit #PetHealth #TechAdvocate #TechEnthusiast #Technology #TechAdvancements #TechJourneyWithPrisca #Episode138 #EmergingTechnologySeries20224
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Join me June 11th for an essential webinar designed for veterinary professionals: “Handling Dysthanasia: Ensuring a Good Death for Our Pets.” In this session, we'll dive deep into: 🔹 The key differences between euthanasia and dysthanasia 🔹 Strategies to prevent dysthanasia 🔹 Steps to take when dysthanasia occurs 🔹 Effective communication with grieving pet parents 🔹 Protecting the mental health of your veterinary team Handling dysthanasias with care and expertise can make all the difference for both pet families and veterinary professionals. Don’t miss this opportunity to enhance your skills and support your team. 📅 Date: June 11 🕒 Time: 7:30pm ET 🎓 Earn 1 RACE-approved CE credit upon successful completion of the quiz after viewing the webinar. Register now and make a positive impact in the lives of pets and their families! 👉 https://hubs.li/Q02yZsyj0 #VeterinaryWebinar #EuthanasiaSkills #VetLife #VetMed
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Join MWI’s David Tinsley for an Industry Insight Deep Dives discussion on Operational Excellence: The Use of Technology to Alleviate Challenges in the Veterinary Industry. With a steady rise in both the life expectancy and number of pets, the challenges of vet burnout and labour shortages are still very present. How are technologies alleviating these struggles? How can internal operational improvements boost efficiency, save time, and cut costs within businesses? 📆 6th March 🕗 3.30pm Moderator: David Tinsley, Managing Director, MWI Animal Health. Ben Johnson, Founding Director, Pet Practice Veterinary Surgeries. David McDonald, Business Development Manager, Vetsource. #AHNTI #AHInnovation
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Join us June 11th for an essential webinar designed for veterinary professionals: “Handling Dysthanasia: Ensuring a Good Death for Our Pets.” In this session, we'll dive deep into: 🔹 The key differences between euthanasia and dysthanasia 🔹 Strategies to prevent dysthanasia 🔹 Steps to take when dysthanasia occurs 🔹 Effective communication with grieving pet parents 🔹 Protecting the mental health of your veterinary team Handling dysthanasias with care and expertise can make all the difference for both pet families and veterinary professionals. Don’t miss this opportunity to enhance your skills and support your team. 📅 Date: June 11 🕒 Time: 7:30pm ET 🎓 Earn 1 RACE-approved CE credit upon successful completion of the quiz after viewing the webinar. Register now and make a positive impact in the lives of pets and their families! 👉 https://hubs.li/Q02yZsxn0 #VeterinaryWebinar #EuthanasiaSkills #VetLife #VetMed
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