The Predicament the Veterinary Industry is Facing
And how it WILL affect you as a pet owner
The veterinary industry is in absolute chaos
Right across Australia, veterinary clinics, from established family-owned general practices to emergency hospitals, are closing their doors. Some for good.
Why? They just can’t retain enough staff, nor attract new ones, to optimally run the clinic.
Honestly, I can’t speak for the industry outside of Australia, but realistically I can’t imagine it being too different elsewhere in the world.
But why?
I know, it doesn’t make sense. The pet industry has seen steady growth for the past few decades. It is forecasted to jump to an astounding $358 billion industry in the USA by 2027, from the $99 billion industry it is at present. It is an industry said to be recession-proof and pandemic-proof, made evident by Covid-19.
People just can’t get enough of having furry companions. And if people have pets, they’ll need vets, right? Thus, it makes sense that veterinarians should absolutely be raking it in.
Alas, that just isn’t happening and the vast majority of us aren’t raking it in.
