Press release
Rising Zoonotic Disease: A Key Driver Transforming the Veterinary Telehealth Market 2024
Veterinary Telehealth Market
Are you aware of the sharp rise in the veterinary telehealth market size in recent years? Based on the comprehensive Veterinary Telehealth Global Market Report 2024, the market is projected to skyrocket from $3.74 billion in 2023 to $4.48 billion in 2024, demonstrating a compound annual growth rate CAGR of 19.8%. The remarkable growth during the historical period can be credited to the solid emergence of market growth in developing countries, increased spending on pets, government initiatives supporting the industry, and an increased uptake of pet insurance.
Explore intensive insights into the The Veterinary Telehealth Market with a detailed sample report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9377&type=smp
Moving forward, the veterinary telehealth market size is forecasted to witness substantial growth in the years to come, reaching $8.99 billion by 2028 with a CAGR of 19.0%. The market expansion in the forecast period can be linked to an uptake in pet ownership, increased consumption of animal-derived products, and rising urbanization. Moreover, trends shaping the market outlook include the incorporation of advanced technologies such as artificial intelligence, the introduction of new veterinary telehealth services, and collaborations aimed at improving financial strength and product portfolios.
Perhaps what's even more intriguing is the rapid rise of zoonotic diseases amongst animals, which are expected to drive the growth of the veterinary healthcare market. Zoonotic diseases encompass a wide variety of infections and illnesses caused by viruses, bacteria, parasites, and fungi, leading to moderate to severe effects in both humans and animals. With the adoption of veterinary telemedicine services, managing and detecting these diseases become achievable thus curtailing the spread of these infections.
The World Health Organization reported in July 2022 a 64% increase in the number of zoonotic diseases in Africa, illustrating an alarming trend in emerging infectious diseases that account for 60% of human cases. Postulating from this, the spike in zoonotic diseases is a critical driving force for the burgeoning veterinary telehealth market.
Pre-book the full Veterinary Telehealth Global Market Report and stay ahead of market trends and dynamics:
https://www.thebusinessresearchcompany.com/report/veterinary-telehealth-global-market-report
Complementing the veterinary telehealth market surge are the major market players, predominantly FirstVet, Whiskers Worldwide, LLC, Airvet, BondVet, Fuzzy Pet Health, Petzam, PetDesk, WellHaven Pet Health, VetCT, TeleVet, Practo, and VetFamily. These industry leaders have been pivotal in diversifying the market dynamics, with innovative solutions and expansions that have not only improved the scope of their product portfolio but have also bolstered their financial standing.
In keeping with the trend of the digital age, these companies are placing a considerable emphasis on new technologies such as artificial intelligence AI to consolidate their position in the market. For instance, PetHub Inc., through its AI-powered VetInsight, launched a wellness tool in May 2023 that provides pet owners with unlimited 24/7 veterinary telehealth services and a comprehensive AI symptom checker.
The veterinary telehealth market report shows segmentation based on two factors:
1 By Animal Type: Canine, Feline, Equine, Bovine, Swine, Other Animal Types
2 By Service Type: Telemedicine, Teleconsulting, Telemonitoring, Other Service Types
In terms of regional insight, North America dominated the veterinary telehealth market in 2023. The Asia-Pacific region is forecasted to exhibit the fastest growth moving forward. However, the comprehensive geographic coverage of the report also includes Western Europe, Eastern Europe, South America, the Middle East, and Africa.
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports across 27 industries, spanning over 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Zoonotic Disease: A Key Driver Transforming the Veterinary Telehealth Market 2024 here
News-ID: 3796619 • Views: …
More Releases from The Business research company
Leading Companies Reinforce Their Presence in the Blanket Market
The blanket market is steadily gaining traction as consumers increasingly seek comfort and style in their home essentials. With evolving preferences and technological advancements, this sector is set to experience consistent growth. Let's explore the current market value, key players, emerging trends, and the main segments fueling this expansion.
Forecasted Blanket Market Size and Growth Trajectory
The blanket market has seen consistent growth over recent years. From a market size…
Global Trends Review: The Rapid Evolution of the Sporting and Athletic Goods Mar …
The sporting and athletic goods market is experiencing steady growth, driven by evolving consumer preferences and technological advancements. As health and wellness continue to gain importance globally, this market is set for notable expansion in the coming years. Let's explore the current market size, key factors fueling its growth, leading companies, major trends, and segmentation details.
Forecast for Sporting and Athletic Goods Market Size Through 2029
The sporting and athletic…
Train Seat Market Overview, Key Growth Factors, and Insights on Top Players
The train seat industry is experiencing notable growth, driven by advancements in technology and increasing demand for improved passenger comfort. As rail travel evolves, so does the need for innovative, efficient, and adaptable seating solutions that cater to modern requirements. Let's explore the current market status, key players, trends, and segments shaping the future of train seating.
Train Seat Market Size and Growth Expectations
The train seat market has seen…
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.
Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in…
More Releases for Veterinary
Veterinary Telehealth Market - Telehealth for Pets: Revolutionizing Veterinary C …
Newark, New Castle, USA: The "Veterinary Telehealth Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Veterinary Telehealth Market: https://www.growthplusreports.com/report/veterinary-telehealth-market/8842
This latest report researches the industry structure, sales, revenue,…
Veterinary Services Market Set for More Growth : National Veterinary Care, Green …
Advance Market Analytics published a new research publication on "Veterinary Services Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Veterinary Services market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Veterinary Clinics Services Market: VIP Petcare, PetVet, Petco, Aiken, SC, Pol V …
Veterinary Clinics Services Market research report provides the best answers to many of the critical business questions and challenges. Furthermore, the data facts and figures gathered to produce this market report are obtained from trustworthy sources like journals, websites, mergers & newspapers, and other authentic sources. In addition, the Veterinary Clinics Services Market research report also includes comparative pricing between major players, profit, and cost of the specified market regions.
Click…
Veterinary Clinics Services Market 2020 Strategic Assessments – Pol Veterinary …
Veterinary Clinics Services Market research report provides an actual industry viewpoint, future trends, and dynamics for market growth rate, market size, trading and key players of the industry with a forecast period of 2025. This comprehensive research report is titled Veterinary Clinics Services Market with Industry Analysis and Opportunity Assessment and it comprises a whole market scenario along with the dynamics affecting it.
Top leading Companies of Global Veterinary Clinics Services…
Veterinary Orthopedic Treatment Market 2019|Top Companies Overview- Adobe Animal …
Animals commonly suffer from different orthopedic conditions that result in abnormal movement, instability, lameness, and others. Orthopedic conditions such as hip dysplasia, elbow dysplasia, patella luxation, and others require a surgical procedure for the treatment of the condition. The treatment involves the administration of drugs along with the use of devices during the surgical procedure.
Get Sample Copy of this Report @ https://www.orianresearch.com/request-sample/1249094
global veterinary orthopedic treatment market is primarily segmented based…
Veterinary Ventilators Market 2019 | Worldwide Market Outlook 2025 | Major Manuf …
As per the latest research study published by Up Market Research, “Global Veterinary Ventilators Market” is estimated to grow at a healthy CAGR % in the coming years. The research report showcases qualitative and quantitative estimations by the industry analysts. The report documents first-hand data, post verification from the industry experts along with each industry manufacturers by the market valuation. Veterinary Ventilators Market report also gives an extensive analysis of…
