Veterinary Monitoring Equipment Market 2020 Size, Share, Upcoming Industry Trends, Business Development Analysis, Segmentation and Forecast by 2025

Veterinary Monitoring Equipment Market by Type (Vital Signs Monitor, Anesthesia Monitor, ECG Monitor), Target Area (Respiratory diseases, Weight Monitoring), Animal Type (Dogs, Cats, Equines), End User (Veterinary Clinic), Region - Global Forecast to 2025

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The prominent players in the veterinary monitoring equipment market are Smiths Group plc. (UK), DRE Veterinary (US), Digicare Biomedical Technology (US), Midmark Corporation (US), Medtronic plc. (Ireland), Bionet America, Inc. (Korea), SonoScape Medical Corporation (China), Hallowell EMC (US), MinXray, Inc. (US), Hallmarq Veterinary Imaging Ltd. (UK), Esaote S.p.A (Italy), Agfa-Gevaert N.V. (Belgium), Nonin Medical, Inc. (US), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Covetrus, Inc. (US), Vetland Medical Sales & Services LLC (US), Masimo Corporation (US), Burtons Medical Equipment Ltd. (UK), Vetronic Services (UK), and IMV Technologies (France).

"The veterinary monitoring equipment market is projected to grow at a CAGR of 9.8% during the forecast period (2019-2025)."

The veterinary monitoring equipment market is projected to reach USD 570 million by 2025 from USD 326 million in 2019, at a CAGR of 9.8%. The increasing focus on animal health among pet owners and the growing prevalence of diseases among companion animals are the key factors driving market growth. Also, the growing companion animal population, rising demand for pet insurance, growing animal health expenditure, and the rising number of veterinary practitioners & income levels in developed economies are aiding the adoption of veterinary monitoring equipment.

"The vital sign monitors segment is expected to grow at the highest rate during the forecast period."

On the basis of type, the veterinary monitoring equipment market segmented into vital sign monitors, anesthesia monitors, capnography & oximetry systems, ECG & EKG monitors, MRI systems, and other equipment. The vital sign monitors segment is projected to witness the highest growth in the veterinary monitoring equipment market during the forecast period. The need for such monitors to decipher the overall health of the patient during regular check-ups, surgical procedures, pre-or post-surgery, and during anesthetic use is expected to support market growth.

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"The small companion animals segment is expected to grow at the highest CAGR during the forecast period."

Based on animal type, the veterinary monitoring equipment market is segmented into small companion animals, large animals, and other animals (zoo animals, aquatic animals, and exotic animals). Small companion animals are further segmented into dogs, cats, and other small companion animals. Large animals are subsegmented into equines and other large animals. The small companion animals segment will continue to dominate the market by 2025, growing at the highest CAGR during the forecast period. Increasing adoption of companion animals, increased focus on safety, increased expenditure on animal health and preventive care, aging pet population, and advancements in animal health products are the major factors driving the growth of this market segment.

"APAC is projected to witness the highest growth during the forecast period."

Although, North America is expected to account for the largest share of the global veterinary monitoring equipment market in 2018, the APAC is expected to witness the highest CAGR during the forecast period. The large domesticated animal population, growth in pet adoption, increasing awareness about animal health, growing per capita animal health expenditure (especially in India and China), and the large market for livestock farming are propelling the growth of the APAC market.

Research Coverage:

The report analyzes the market for various veterinary monitoring equipment and their adoption patterns. It aims at estimating the market size and future growth potential of the veterinary monitoring equipment market and its sub segments. The report also includes an in-depth competitive analysis of the key players in this market, along with their company profiles, product offerings, and recent developments.

Reasons to Buy the Report

The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.

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List Of Tables

Table 1 Pet Population, By Country, 2014 Vs. 2016 Vs. 2018 (Million)
Table 2 Developed Economies: Increase In The Number Of Veterinary Professionals (2012-2017)
Table 3 Number Of Veterinary Professionals, By Country, 2005 Vs. 2014 Vs. 2015
Table 4 Veterinary Monitoring Equipment Market, By Type, 2017-2025 (Usd Million)
Table 5 Vital Signs Monitors: Key Products Available In The Market
Table 6 Veterinary Vital Sign Monitors Market, By Country, 2017-2025 (Usd Million)
Table 7 Capnography & Oximetry Systems: Key Products Available In The Market
Table 8 Veterinary Capnography & Oximetry Systems Market, By Country, 2017-2025 (Usd Million)
Table 9 Anesthesia Monitors: Key Products Available In The Market
Table 10 Veterinary Anesthesia Monitors Market, By Country, 2017-2025 (Usd Million)
Table 11 Veterinary Ecg & Ekg Monitors Market, By Country, 2017-2025 (Usd Million)
Table 12 Mri Systems: Key Products Available In The Market
Table 13 Veterinary Mri Systems Market, By Country, 2017-2025 (Usd Million)
Table 14 Other Veterinary Monitoring Equipment Market, By Country, 2017-2025 (Usd Million)
Table 15 Veterinary Monitoring Equipment Market, By Target Area, 2017-2025 (Usd Million)
Table 16 Veterinary Monitoring Equipment Market For Weight & Temperature Monitoring, By Country, 2017-2025 (Usd Million)
Table 17 Veterinary Monitoring Equipment Market For Multi-Parameter Monitoring, By Country, 2017-2025 (Usd Million)
Table 18 Veterinary Monitoring Equipment Market For Cardiology, By Country, 2017-2025 (Usd Million)
Table 19 Veterinary Monitoring Equipment Market For Respiratory Disorders, By Country, 2017-2025 (Usd Million)
Table 20 Veterinary Monitoring Equipment Market For Neurology, By Country, 2017-2025 (Usd Million)

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