Veterinary Telehealth Market 2023-2028: Industry Size, Outlook, Growth Rate, Research Report

The latest report published by IMARC Group, titled "Veterinary Telehealth Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on veterinary telehealth market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global veterinary telehealth market size reached US$ 140.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 395.97 Million by 2028, exhibiting a growth rate (CAGR) of 18.00% during 2023-2028.

Veterinary telehealth is a specialized segment within the broader telehealth market that focuses on providing medical consultations and healthcare services for animals through digital platforms. Essentially, this service allows pet owners and veterinary professionals to connect remotely for medical consultations, diagnosis, and treatment planning. It can be categorized into several types, such as video consultations, telemonitoring, and remote consultations through chat or voice calls. The technology harnesses the power of the internet, mobile devices, and specialized software to facilitate this interaction. One of the primary advantages of veterinary telehealth is its convenience, allowing for immediate access to healthcare for animals without the need for physical travel. It's especially beneficial in emergency situations or for those residing in remote areas where veterinary services are limited. Furthermore, it offers a platform for continuous monitoring and follow-up, which is critical for effective treatment and healthcare management for pets and livestock.

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Market Trends:

The global veterinary telehealth market is witnessing significant growth, driven by the increasing adoption of pet ownership worldwide, which inherently demands more accessible and convenient healthcare services for animals. Along with this, technological advancements in telecommunication and software development are making it easier to offer reliable and efficient telehealth services, further bolstering the market. Another contributing factor is the rise in awareness about animal health and welfare, which has resulted in a rise in demand for regular veterinary check-ups and consultations. In addition, the growing acceptance and legalization of telehealth services in many jurisdictions, removing legal barriers to adoption, is positively influencing the market. Apart from this, the widespread integration of Artificial Intelligence (AI) for preliminary diagnosis and treatment suggestions adds an extra layer of expertise and efficiency. Moreover, the introduction of eco-friendly and secure platforms is appealing to environmentally-conscious consumers and those concerned about data privacy, thereby creating a positive market outlook.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Activ4Pets
• Airvet Inc.
• GuardianVets
• Linkyvet
• PetDesk
• Petriage
• TeleTails
• Televet
• VetChat services Pty Ltd.
• VetCT
• Vetster Inc.

Veterinary Telehealth Market Segmentation:

Our report has categorized the market based on region, animal type and service type.

Breakup by Animal Type:
• Companion Animal
• Livestock Animal.

Breakup by Service Type:
• Telemedicine
• Teleconsulting
• Telemonitoring
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.