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Global Veterinary Patient Monitoring Equipment Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
The Veterinary Patient Monitoring Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Veterinary Patient Monitoring Equipment Market Size Expected to Be by 2034?
The veterinary patient monitoring equipment market has grown significantly in recent years. It will rise from $0.67 billion in 2024 to $0.73 billion in 2025, at a CAGR of 8.7%. Factors contributing to this growth include the increasing ownership of pets, the humanization of pets, the rising prevalence of chronic diseases in animals, awareness of the benefits of patient monitoring, and government initiatives in veterinary care.
The veterinary patient monitoring equipment market will grow to $1 billion in 2029 at a CAGR of 8.1%, supported by increased spending on pets, the rise of telehealth, global access to veterinary services, and demand for personalized care. Trends include wearable monitoring, wireless tech, eco-conscious design, and telehealth tools.
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What Are the Emerging Segments Within the Veterinary Patient Monitoring Equipment Market?
The veterinary patient monitoring equipment market covered in this report is segmented -
1) By Product: Cardiac Monitoring Devices, Respiratory Monitoring Devices, Remote Patient Monitoring Devices, Multi-Parameter Monitoring Devices, Neuromonitoring Devices, Other Products
2) By Animal: Small Companion Animals, Large Companion Animals, Wild Animals, Zoo Animals, Aquatic Animals, Exotic Animals
3) By End User: Veterinary Hospitals, Veterinary Clinics, Veterinary Research Centers
Subsegments:
1) By Cardiac Monitoring Devices: ECG Or EKG Monitors, Heart Rate Monitors, Pulse Oximeters, Blood Pressure Monitors
2) By Respiratory Monitoring Devices: Capnography Monitors, Pulse Oximeters, Respiratory Rate Monitors, Spirometers
3) By Remote Patient Monitoring Devices: Wearable Monitors, Telemedicine Systems, Mobile Health Devices
4) By Multi-Parameter Monitoring Devices: Infusion Pumps, Vital Sign Monitors, Multivariable Monitors
5) By Neuromonitoring Devices: EEG Monitors, BIS Monitors, Evoked Potential Monitors
6) By Other Products: Temperature Monitors, Fetal Monitors, Glucose Monitoring Devices
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What Long-Term Drivers Are Shaping Veterinary Patient Monitoring Equipment Market Trends?
The veterinary patient monitoring equipment market is growing due to increasing disease prevalence among animals. Continuous monitoring is essential for effective treatment. In July 2023, the WHO reported H5N1 outbreaks in 67 nations, resulting in the loss of about 131 million farmed birds. This spike in animal health issues has increased the demand for monitoring devices.
Who Are the Top Competitors in Key Veterinary Patient Monitoring Equipment Market Segments?
Major companies operating in the veterinary patient monitoring equipment market include Smiths Group plc, Hallowell Engineering & Manfufacturing Corporation, DRE Veterinary, Digicare Biomedical Technology Inc., Midmark Corporation, Medtronic plc., Jorgensen Laboratories, Vetland Medical Sales and Services LLC, Jorgen Kruuse A/S, Mila International Inc., Mindray Medical International Limited, Nonin Medical, B. Braun Melsungen AG, Henry Schein, Infiniti Medical LLC, 3M, Carestream Health, IDEXX Laboratories Inc., Agfa Healare, MinXray Inc., Diagnostic Imaging Systems, GE Healare, Esaote S.p.A, Shenzhen Comen Medical Instruments Co. Ltd., Lepu Medical, ALPHATEC, Shenzhen Witleaf Medical Electronics CO. Ltd, CONTEC Medical, Datex-Ohmeda, Respironics, VetSpecs Inc., Digicare Animal Health, Burtons Medical Equipment Ltd, Avante Animal Health, Cardiac Science Corporation, Bionet America Inc., Bur, Criticare Systems Inc., Datascope Corp., Edan Instruments Inc., Masimo Corporation, Nihon Kohden Corporation
What Trends Are Expected to Dominate the Veterinary Patient Monitoring Equipment Market in the Next 5 Years?
Wearable technology is becoming popular among veterinarians and animal owners for monitoring animal behavior. These devices, worn on the animal's body, track health metrics such as body temperature, movement, and behavior. For example, Vetrax, a wearable sensor for dogs, allows owners and clinicians to monitor the dog's behavior when unsupervised, with 83% of pet owners reporting satisfaction with this technology, especially for tracking weight and diabetes.
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Which Regions Are Becoming Hubs for Veterinary Patient Monitoring Equipment Market Innovation?
North America was the largest region in the veterinary patient monitoring market in 2023. Asia-Pacific was the second-largest region in the global veterinary patient monitoring market share. The regions covered in the veterinary patient monitoring equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Veterinary Patient Monitoring Equipment Market?
2. What is the CAGR expected in the Veterinary Patient Monitoring Equipment Market?
3. What Are the Key Innovations Transforming the Veterinary Patient Monitoring Equipment Industry?
4. Which Region Is Leading the Veterinary Patient Monitoring Equipment Market?
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