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Global Veterinary Telehealth Market Trends, Industry Competition Analysis, Revenue and Forecast To 2030
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According to the latest research by InsightAce Analytic, the global veterinary telehealth market is valued at US$ XX million, and it is expected to reach US$ XX million by 2030, with a CAGR of XX% during a forecast period. By region, North America dominated the market with a share of XX% in 2020.
Telehealth offers several competitive advantages to veterinarians, including identifying and reaching out to pet owners (clients). It is the modern way of protecting and monitoring the health of pets/animals at their place. Veterinary telehealth services deliver and promote digital pet care and medical advising for animals through the latest technologies such as the internet, Bluetooth, smartphones, e-commerce veterinary telehealth services, and pet care apps.
The increasing animal health expenditure, rising demand for veterinary telehealth services, high prevalence of zoonotic and chronic animal diseases, growing R&D activities for the development of digital technologies, increasing use of AI and machine learning applications in the animal healthcare sector, rising adoption of telehealth tools by veterinarians, advancements in digital pet care applications, and rising awareness among pet owners about the pet safety & health are expected to offer lucrative growth opportunities during the forecast years.
However, the high implementation cost of veterinary telehealth services and lack of awareness about these services/tools is anticipated to hinder the market expansion over the forecast period.
Geographically, North America accounted for the largest share of the veterinary telehealth market in 2020, owing to the rising pet ownership in the U.S and increasing R&D initiatives by market players operating in this market to develop advanced tools and techniques for telehealth services.
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Major market players operating in the veterinary telehealth market include Activ4Pets (US), Airvet (US), BabelBark (US), fetcha.vet (US), GuardianVets (US), Medici (US), PetDesk (US), PetPro Connect (New Zealand), Petzam (US), Piavita AG, (Switzerland) TeleTails (US), Televet (US), VitusVet (US), WhiskerDocs (US), Fuzzy Pet Health (US), GoFetch Health (Canada), Nuzzl (Australia), VetChat (Australia), Barkibu (Spain), FirstVet (Sweden), Pawz Limited (UK), Petriage, Inc. (US), Modern Animal, Inc. (US), Oncura Partners (US), The Linkyvet (France), among others.
Key developments in the market:
• In April 2021, GuardianVets (US), a leader in veterinary telehealth providing advanced telemedicine services, launched three innovative services (virtual CSR, overflow protection, and callback support) to ease burdens on veterinary practices.
• In May 2021, whiskerDocs (US), a company providing multi-channel, technology-driven telehealth & wellness services for dogs and cats, released an expanded first enterprise-level avian telehealth service.
• In March 2020, BabelBark (US), a pet-related software developer, collaborated with whiskerDocs, the leading provider of telehealth support, to provide a free 24/7 veterinary help hotline for all pet owners.
• In March 2020, GoFetch Health (Canada), a pet technology company, launched free access to its veterinary telemedicine platform, helping connect pet owners with veterinary clinics during the COVID-19 outbreak.
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Market Segments
Global Veterinary Telehealth Market, by Service Type, 2020-2030 (Value US$ Mn)
• Telehealth
• Telemedicine
• Teleconsulting
Global Veterinary Telehealth Market, by Animal Types, 2020-2030 (Value US$ Mn)
• Canine
• Feline
• Equine
• Bovine
• Others
Global Veterinary Telehealth Market, by Region, 2020-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Veterinary Telehealth Market, by Country, 2020-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Veterinary Telehealth Market, by Country, 2020-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Veterinary Telehealth Market, by Country, 2020-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Veterinary Telehealth Market, by Country, 2020-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Veterinary Telehealth Market, by Country, 2020-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for global veterinary telehealth market
To receive an industry overview and future trends of veterinary telehealth market To analyze the veterinary telehealth market drivers and challenges
To get information on the veterinary telehealth market value (US$ Mn) forecast to 2030
Major investments, mergers & acquisitions in the veterinary telehealth market industry
For More Information @ https://www.insightaceanalytic.com/report/global-veterinary-telehealth-market/1130
InsightAce Analytic Pvt. Ltd.
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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