Press release
Veterinary Telehealth Market Key Players Analysis - Petzam, Piavita AG, TeleTails, Televet, VitusVet.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Veterinary Telehealth Market- by Service Types (Telehealth, Telemedicine, and Teleconsulting), Animal Type (Canine, Feline, Equine, Bovine, and Others), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."According to the latest research by InsightAce Analytic, the global Veterinary Telehealth market is valued at USD 303.45 Million in 2024, and it is expected to reach USD 1982.67 Million by the year 2034, with a CAGR of 20.8% during a forecast period of 2025-2034.
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Telehealth is an advanced technology that enables healthcare professionals and patients to remotely exchange medical information, deliver educational resources, and administer treatment. It involves the electronic transfer of healthcare services across geographical locations, aiming to enhance a patient's clinical condition. This approach allows practitioners to monitor and manage patients who are not physically present at the point of care. With the progression of digital technologies, telehealth applications have increasingly extended into the field of veterinary medicine.
A key driver of market growth is the rising prevalence of chronic illnesses and disorders among animals. In addition, the integration of artificial intelligence (AI) and the Internet of Things (IoT) within the medical domain is significantly propelling market development. The adoption of cutting-edge technologies by veterinary professionals-alongside growing incidences of conditions such as diabetes, intervertebral disc disease, renal disorders, and hypertension-is expected to create substantial market opportunities.
Nevertheless, several challenges may hinder market expansion. These include limited awareness regarding animal diseases, a shortage of skilled veterinary professionals, and difficulties in maintaining hygiene standards in remote care settings. Moreover, the absence of supportive reimbursement frameworks in developing and underdeveloped regions, coupled with inadequate internet infrastructure in rural areas, may further restrain the growth of the telehealth veterinary market.
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North America is anticipated to be the major contributor to the Veterinary Telehealth market over the forecast years. This is due to a growth in research and development expenditure, the presence of significant companies in the region, and substantial investment in animal health care. In addition, the Asia Pacific Veterinary Telehealth market is expected to grow significantly during the forecast period attributable to rising government healthcare spending, increased acceptance of veterinary healthcare facilities, the fast growth of manufacturing establishments in emerging countries such as China and India, and growing consumer disposable income.
Major market players operating in the Veterinary Telehealth market include Activ4Pets, Airvet, BabelBark, Vet: fetcha.vet, GuardianVets, Medici, PetDesk, PetPro Connect, Petzam, Piavita AG, TeleTails, Televet, VitusVet, WhiskerDocs, Fuzzy Pet Health, GoFetch Health, Nuzzl, VetChat, Barkibu, FirstVet, Pawz Limited, Petriage, Inc., Modern Animal, Inc., Oncura Partners, The Linkyvet, and other prominent players.
Recent collaborations and agreements in the market:
• In May 2022, TRxADE HEALTH, INC., an integrated drug procurement, delivery, and healthcare platform, launched Tele-Veterinary services for dogs through Bonum Health, a Digital Healthcare business subsidiary.
• In October 2019, BabelBark collaborated with the Independent Veterinary Practice Association (IVPA), a North American group representing independently operated institutions' concerns. This will enable the company to access an extensive client base of 390 members in 42 states and the local populace in their respective areas.
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Market Segments
Global Veterinary Telehealth Market, by Service Type, 2022-2030 (Value US$ Mn)
• Telehealth
• Telemedicine
• Teleconsulting
Global Veterinary Telehealth Market, by Animal Types, 2022-2030 (Value US$ Mn)
• Canine
• Feline
• Equine
• Bovine
• Others
Global Veterinary Telehealth Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Veterinary Telehealth Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Veterinary Telehealth Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Veterinary Telehealth Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Veterinary Telehealth Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Veterinary Telehealth Market, by Country, 2022-2030 (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 the global Veterinary Telehealth market
To receive an industry overview and future trends of the 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
Significant investments, mergers & acquisitions in the Veterinary Telehealth market industry
Read Overview Report- https://www.insightaceanalytic.com/report/global-veterinary-telehealth-market/1130
About Us:
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 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.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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