Press release
Leading Growth Driver in the Artificial Intelligence (AI) In Animal Health Market in 2025: Surge Of Animal Health Expenditure And Its Impact On The AI Animal Health Market Driver's Influence
Artificial Intelligence AI In Animal Health Market
The surging expenses on animal health are poised to stimulate the progression of artificial intelligence (AI) in the animal health market. This kind of expenditure refers to the total funds invested in ensuring and enhancing animals' health and welfare. The reasons for this rising allocation include heightened awareness, the increasingly common phenomenon of treating pets like human family members, and the need for state-of-the-art veterinary services that incorporate cutting-edge technologies like AI. Those pet owners who have greater financial resources are in a position to avail themselves of AI-integrated telehealth facilities and remote monitoring systems, facilitating uninterrupted supervision of their pets' health status and virtual vet consultations. For instance, the American Pet Products Association, an organisation representing the US pet industry, reported in June 2023 that Americans had allocated $136.8 billion to pet health in 2022, marking a 10.68% increase from 2021's figure of $123.6 billion. The stats also indicated that $35.9 billion was set aside just for Vet Care services. Therefore, the escalating expenses on animal health are triggering the expansion of AI in the animal health market.
Get Your Artificial Intelligence (AI) In Animal Health Market Report Here:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-in-animal-health-global-market-report
How will the growth rate of the artificial intelligence (ai) in animal health market shape industry trends by 2034?
The market size of artificial intelligence (AI) in animal health has witnessed substantial growth lately. It is expected to surge from $1.45 billion in 2024 to $1.74 billion in 2025, marking a compound annual growth rate (CAGR) of 19.8%. The past period's growth has been driven by factors such as rising use of AI, accessibility of AI-centered solutions, measures taken by prominent companies, escalating expenses on animals, and the incorporation of AI in veterinary diagnostics.
Expectations are high for a swift expansion of the artificial intelligence (AI) in animal health market in the coming years. The market size is projected to reach $3.57 billion by 2029, growing at a compound annual growth rate (CAGR) of 19.7%. Factors contributing to this growth during the forecast period include better management of animal health due to precise data, innovative solutions, remote healthcare monitoring, early disease identification, and emphasis on personalized healthcare. Key trends expected during this period involve progress in veterinary diagnostics, an uptick in the adoption of AI technology, improved disease detection methods, and an increased focus on animal welfare and conservation.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14250&type=smp
What are the emerging trends shaping the future of the artificial intelligence (ai) in animal health market?
Leading corporations in the artificial intelligence (AI) animal healthcare market are pioneering sophisticated technologies like AI-powered cattle feed recommendations to elevate the standards of livestock nutrition and farm handling methods. The objective of this technology is to amplify the productivity of livestock farming by customizing feed regimes to address the specific needs of each animal or groups, accounting for their age, weight, health condition, and dietary needs. For example, in January 2024, Precision Livestock Technologies, a firm based in the US that offers software and hardware solutions for livestock feeding and health, launched the first-ever system employing artificial intelligence to anticipate cattle feed consumption and furnish feeding suggestions. This system generates daily quantitative feeding forecasts resting on hundreds of data points collected from PLT's machine vision bunk management system and other external data arenas. Factors such as feeding rates, feeding times, feeding cycles, cattle behavior, ration type, climate conditions, and other factors are considered.
Which primary segments of the artificial intelligence (ai) in animal health market are driving growth and industry transformations?
The artificial intelligence (AI) in animal health market covered in this report is segmented -
1) By Solution: Hardware, Software And Services
2) By Technology: Machine Learning, Natural Language Processing (NLP), Computer Vision, Other Technologies
3) By Animal Type: Companion Animals, Production Animals
4) By Application: Diagnostics, Identification, Tracking, And Monitoring, Other Applications
5) By End-Use: Veterinary Clinics And Hospitals, Research Institutions, Farms And Livestock Producers
Subsegments:
1) By Hardware: Diagnostic Devices, Wearable Health Monitoring Devices, Automated Feeding Systems
2) By Software And Services: AI-Powered Diagnostic Tools, Predictive Analytics Software, Health Management Platforms, Consulting Services, Implementation And Integration Services, Maintenance And Support Services, Training And Educational Programs
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14250
Which geographical regions are pioneering growth in the artificial intelligence (ai) in animal health market?
North America was the largest region in the artificial intelligence (AI) in animal health market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) in animal health market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the artificial intelligence (ai) in animal health market landscape?
Major companies operating in the artificial intelligence (AI) in animal health market are Microsoft Corporation, International Business Machines Corporation, Zoetis Inc., VCA Animal Hospitals Inc., IVC Evidensia, IDEXX Laboratories Inc., Merck Animal Health, Heska Corporation, Agria Pet Insurance, PrecisionHawk, SignalPET, ImpriMed Inc., PetPace Ltd., VetNOW, Shenzhen Mindray Animal Medical Technology Co. Ltd., EIO Diagnostics Inc., Connecterra, GuardianVets, Halter USA Inc., Petriage Inc., Moichor Inc., OneCup Al, AgGenetics Inc., IMV Technologies, Felcana, Vet-Al, Alpha Phenomics Inc.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=14250&type=smp
What Is Covered In The Artificial Intelligence (AI) In Animal Health Global Market Report?
• Market Size Forecast: Examine the artificial intelligence (ai) in animal health market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the artificial intelligence (ai) in animal health market for a structured understanding.
• Key Players Overview: Analyze major players in the artificial intelligence (ai) in animal health market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial intelligence (ai) in animal health market.
• Segment Contributions: Evaluate how different segments drive overall growth in the artificial intelligence (ai) in animal health market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial intelligence (ai) in animal health market.
• Industry Challenges: Identify potential risks and obstacles affecting the artificial intelligence (ai) in animal health market.
• Competitive Landscape: Review strategic developments in the artificial intelligence (ai) in animal health market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Leading Growth Driver in the Artificial Intelligence (AI) In Animal Health Market in 2025: Surge Of Animal Health Expenditure And Its Impact On The AI Animal Health Market Driver's Influence here
News-ID: 3903850 • Views: …
More Releases from The Business Research Company
The Rise Of Coffee Consumption Is Fueling The Growth Of The Market Due To Its In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Coffee Shops Market Size Growth Forecast: What to Expect by 2025?
The size of the coffee shop market has seen robust growth in the past few years. The market, which is projected to be at $83.27 billion in 2024, is expected to reach $89.17 billion by 2025 with a…
Driving Chimney Waterproofing Services Market Growth in 2025: The Role of Rising …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Chimney Waterproofing Services Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a substantial growth in the market size for chimney waterproofing services. The market is projected to expand from $1.53 billion in 2024 to $1.67 billion in 2025, demonstrating a compound annual…
Emerging Trends to Drive Ceramic Coated Separators Market Growth at 20.9% CAGR T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Ceramic Coated Separators Market Size Growth Forecast: What to Expect by 2025?
The market size of ceramic coated separators has seen a remarkable increase in recent times, and it is set to expand from the value of $1.47 billion in 2024 to reach the value of $1.78 billion in…
Key Trends Reshaping the Cement And Mortar Testing Equipment Market: Innovative …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Cement And Mortar Testing Equipment Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size for cement and mortar testing equipment has seen robust growth. The market is expected to expand from $1.61 billion in 2024 to $1.73 billion in 2025, with a compound…
More Releases for Animal
Animal Health Market Sets the Table for Continued Growth : Zoetis Animal Healthc …
Advance Market Analytics published a new research publication on "Animal Health Market Insights, to 2028" 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 Animal Health market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Animal Antimicrobials and Antibiotics Market 2023 Growth and Development By Bion …
Antibiotics, also called antibacterials, are a type of antimicrobial drug used in the treatment and prevention of bacterial infections. They may either kill or inhibit the growth of bacteria. Animal Antimicrobials and Antibiotics includes Premixes, Oral Powders, Oral Solutions and Injections on the base of classification, which represent 12.4%, 14.4%, 10.4% and 56.6% of global Animal Antimicrobials and Antibiotics market.
Get Sample Copy: https://www.worldwidemarketreports.com/sample/273708
Farm Animals and Companion Animals are the…
Animal Healthcare Market Analysis Focusing on Top Key Players - Merck, Bayer Ani …
Worldwide Market Reports recently released on the Animal Healthcare market for the forecast period, 2017 – 2022 is involved in screening the business environment and the companies operating in the Animal Healthcare industry. Importantly, the research sheds a lot of light on their winning strategies to help stakeholders, business owners, and field marketing executives stay ahead in the competition. Besides, the industry is thoroughly weighed upon on the basis of…
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market
Developing Regions to Overpower Developed Ones With Regard to Demand
The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their…
Animal Growth Promoter Market Outlook To 2023 – Bayer Animal Health, Biomin, B …
Nov 2018, New York USA (News)- Different categories of feed additives for farm animals are referred to as natural growth promoters (NGPs) or non-antibiotic growth promoters. They are commonly regarded as favorable alternatives to antibiotic growth promoters (AGPs) in livestock production. NGPs include predominantly organic acids, probiotics, prebiotics, synbiotics, phytogenics, tannins, feed enzymes and immune stimulants, an ongoing search for alternatives has created a large variety of NGPs for pigs,…
Animal Antimicrobials and Antibiotics Market Key Players : Animal Health, Bayer …
The term antibiotic or antimicrobial is used for those agents who kill or inhibit the growth of microorganism. The antimicrobials products have significant benefits to the animal and to human food safety. There are researches, which have proven that an increase in the rate of animal illness results in higher rate of human illness. Therefore, livestock dealers depend on animal antibiotics to provide safe food. The scope of this report…
