Veterinary Practices Market in
Memphis, TN
$328M TAM · Market Score 52/100 · Ranked #53 of 925 MSAs by TAM
Bottom-up market data for the Memphis, TN MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Memphis scored 52/100 for Veterinary Practices
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Memphis ranks in the 54th percentile nationally for Veterinary Practices.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| % HH Income >$150K | 35% | 16.89 | 68 |
| Fragmentation Score | 35% | 0 | 0 |
| Total Population | 30% | 1,341,924 | 95 |
TAM by segment
$328M in Memphis broken down by segment
Demographic snapshot
Who lives and buys in Memphis
Frequently asked questions
Veterinary Practices market in Memphis: common questions
How big is the veterinary practices market in Memphis, TN?
The veterinary practices market in Memphis, TN has a total addressable market of $328M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Memphis the #53 largest veterinary practices market of 925 U.S. MSAs.
How many veterinary practices companies are in Memphis?
PinpointIQ tracks 111 veterinary practices establishments in the Memphis MSA, employing approximately 2,031 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Memphis rank nationally for veterinary practices?
Memphis scores 52/100 on PinpointIQ's Veterinary Practices Market Score, ranking #424 of 925 U.S. metros — the 54th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for veterinary practices operators and investors.
What drives veterinary practices demand in Memphis?
PinpointIQ scores Memphis's veterinary practices market on 3 components: % HH Income >$150K (35% weight, 68th percentile); Fragmentation Score (35% weight, 0th percentile); Total Population (30% weight, 95th percentile). The weights are calibrated to the veterinary practices vertical and applied consistently across every U.S. MSA.
What are the biggest veterinary practices sub-segments in Memphis?
Memphis's $328M veterinary practices TAM breaks down into: Veterinary Per Cap ($328M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Memphis growing? How does population affect the veterinary practices market?
Memphis has a population of 1,341,924 and has declined 0.2% over the last 5 years. Population change is one of the drivers of veterinary practices demand and factors into PinpointIQ's Market Score alongside vertical-specific attractiveness metrics.
TAM figures reflect PinpointIQ's bottom-up market size model built from U.S. Census, BLS, IRS County Business Patterns, and other public + commercial sources at the census-tract level. Market Score is PinpointIQ's percentile-weighted composite; the components and weights are set per vertical and shown above. Data refreshed monthly.
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