New England veterinary market worth $3.3 billion
Regional work force shortage predicted by 2014, including need for 650 veterinarians, report shows
Jun 01, 2008
North Grafton, Mass. — For every 100 veterinary medical jobs in New England, an additional 59 jobs are created in related industries.
Outlining veterinary medicine's economic contributions might emphasize the profession's significance, especially in the minds of lawmakers, explains Dr. Deborah Kochevar, dean of Tuft's veterinary medical program."We're finding that people don't understand the breadth of the profession and its economic impact," she says. "We want our state veterinary medical associations to be able to better educate people by using these statistics. If it allows them to develop better legislative relationships in their respective states, that's great."
That future shortage appears to extend beyond clinical practice, which accounts for 78 percent of veterinary medicine employment in the region.
Commercial scientific research and development, including pharmaceutical research and development, requires animal-health and husbandry services provided by DVMs, the study shows.
"The market for veterinary scientists and pathologists is huge and absolutely is growing," Kochevar says. "I'm impressed by how much the veterinary medical profession gives to the biotech industry. It serves pharmaceutical and medical device companies in key ways."
Expenditures in scientific research and development top $400,000 annually, accounting for 23.5 percent of total veterinary medicine spending. Fourteen percent of New England's veterinary-medicine employment comes from that sector.