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Facts on Veterinarians: Education, Salary, and Industry Trends

Veterinarians must complete a Doctor of Veterinary Medicine (DVM) degree from an accredited institution, which typically takes four years after undergraduate study. The American...

Mara Ellison
Facts on Veterinarians: Education, Salary, and Industry Trends

Veterinarian Education and Licensing Requirements

Veterinarians must complete a Doctor of Veterinary Medicine (DVM) degree from an accredited institution, which typically takes four years after undergraduate study. The American Veterinary Medical Association (AVMA) lists 33 accredited veterinary colleges in the United States. Admission is competitive, with most programs requiring prerequisite coursework in biology, chemistry, and animal science. Graduates must then pass the North American Veterinary Licensing Examination (NAVLE) to practice. Some veterinarians pursue additional internships or residencies for specialization. For broader context on professional licensing standards, see the Bureau of Labor Statistics overview at BLS Veterinarian Overview.

The average veterinary school debt exceeds $150,000, according to the AVMA Economic Survey, which influences career choices and practice locations. The NAVLE pass rate for first-time takers from US accredited schools typically exceeds 90 percent. Foreign-trained veterinarians must complete additional credentialing through the Educational Commission for Foreign Veterinary Graduates. Continuing education is required to maintain licenses in most states. Specialized fields such as surgery, internal medicine, and pathology require board certification through organizations like the American College of Veterinary Surgeons.

Veterinarian Salary and Employment Data

The median annual wage for veterinarians was approximately $103,260 in May 2023, per the Bureau of Labor Statistics. The lowest 10 percent earned less than $61,810, while the top 10 percent earned more than $169,850. Employment of veterinarians is projected to grow 20 percent from 2023 to 2033, much faster than the average for all occupations. About 4,800 openings are projected each year, driven by pet ownership growth and food safety needs. Private practice remains the largest employer, but corporate and government roles are expanding.

Veterinarians in pharmaceutical and medicine manufacturing earn higher median wages than those in general practice. The AVMA reports that the average veterinary practice revenue in the United States reached over $1.8 million in recent surveys. Corporate consolidation in veterinary medicine has accelerated, with companies like Mars Veterinary Health and Covetrus operating thousands of clinics nationwide. The AVMA Veterinary Economics Forum provides practice-level financial benchmarks. For insights on corporate consolidation trends in professional services, see the Forbes analysis at Forbes Corporate Consolidation Trends.

Veterinary Industry Structure and Key Organizations

The United States veterinary workforce includes over 130,000 licensed veterinarians, according to the AVMA U.S. Veterinary Workforce Data. Approximately 65 percent are in private clinical practice, primarily caring for companion animals. Food animal and food safety veterinarians represent a smaller but critical segment. The federal government employs veterinarians through agencies such as the USDA and the FDA's Center for Veterinary Medicine. The AVMA, founded in 1863, remains the largest veterinary medical organization in the world, setting ethical and educational standards.

Veterinary technology and telehealth are reshaping practice models, with the FDA's Center for Veterinary Medicine overseeing regulations for animal drugs and devices. The SEC filings of major veterinary pharmaceutical companies provide data on market size and R&D investment. Mars Inc., through its Petcare division, is one of the largest private employers of veterinarians globally. Covetrus, spun off from Henry Schein, supplies pharmaceuticals and distribution services to veterinary practices. The Association of American Veterinary Medical Colleges tracks enrollment and graduation data. For regulatory frameworks impacting veterinary pharmaceuticals, see the FDA Center for Veterinary Medicine at

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