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North America Animal Health Monitoring and Surveillance Software Market Trends

Report ID: GMI6611
Published Date: Sep 2023
Report Format: PDF

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North America Animal Health Monitoring and Surveillance Software Market Trends

The market is undergoing transformation due to several influential trends that are shaping its trajectory of growth and advancement. The market is witnessing a surge in the use of wearable devices equipped with sensors that can monitor various aspects of an animal's health, including temperature, heart rate, activity levels, and even location. These devices provide real-time data and insights, enabling timely interventions. Moreover, the integration of data analytics and artificial intelligence (AI) is becoming more prevalent. Advanced algorithms can analyze large datasets to identify patterns, predict health issues, and offer actionable insights for better animal care and management.

Furthermore, the adoption of animal health monitoring and surveillance software is expanding beyond developed counties, as emerging economies also recognize the benefits of improved animal health and increased efficiency in livestock management. These trends are poised to propel the growth of the market.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

North America animal health monitoring and surveillance software industry size reached USD 159.7 million in 2022 and may record USD 312.1 million by 2032 due to the escalating occurrence of animal diseases and the heightened focus on proactive monitoring and surveillance.

The cloud development segment held 78.9% of the animal health monitoring and surveillance software market share and is predicted to witness 7.1% CAGR from 2023-2032 owing to numerous advantages, such as real-time data access, seamless connectivity, scalability, and cost-effectiveness.

Demand for animal health monitoring and surveillance software in the U.S. may reach significant value by 2032 owing to the rising need for early disease detection, improved livestock management, and the overall enhancement of animal welfare standards.

Some of the major North America animal health monitoring and surveillance software market players include Thermo Fisher Scientific Inc., Virtual Chemistry, Inc., Vetoquinol SA, HIPRA, IDEXX Laboratories, Afimilk Agricultural Cooperative Ltd., Evonik Industries Ag, and Merck & Co. Inc.