Home > Animal Health & Nutrition > Veterinary Medical Devices > Veterinary Monitoring Equipment Market

Veterinary Monitoring Equipment Market Size

Report ID: GMI5943
Published Date: Jun 2023
Report Format: PDF

Download Free Sample

Veterinary Monitoring Market Size

Veterinary Monitoring Equipment Market size accounted for USD 427.5 million in 2022 and is estimated to grow at 9.4% to reach USD 1 billion by 2032. Increasing prevalence of animal disorders, growing companion animal population, and increasing spending on pets health are some of the drivers fostering the market growth.

To get key market trends

Download Free Sample

The rising demand for pet insurance and increasing veterinary costs is expected to be a significant factor in driving the market expansion. The costs of treating a pet for a disease or injury are covered by pet insurance policies. Owners frequently choose pet insurance to lessen the financial burden of obtaining veterinary care. Numerous public and private service providers offer these programmes for various animals, including dogs and cats among others. Such factor will positively impact the market revenue.

Veterinary Monitoring Equipment Market Report Attributes
Report Attribute	Details
Base Year:	2022
Veterinary Monitoring Equipment Market Size in 2022:	USD 427.5 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	9.4%
2032 Value Projection:	USD 1 billion
Historical Data for:	2018 to 2022
No. of Pages:	180
Tables, Charts & Figures:	387
Segments covered:	Type, Application, Animal Type, End-use and Region
Growth Drivers:	Increasing prevalence of animal disorders Rising adoption of pet insurance Growing companion animal population Increasing spending on pets health
Pitfalls & Challenges:	High cost of monitoring equipment

Learn more about the key segments shaping this market

Download Free Sample

Veterinary monitoring equipment refers to a range of specialized devices and systems used in veterinary clinics, hospitals, and research facilities to monitor and assess the health status of animals. These devices play a crucial role in enabling veterinarians to monitor and diagnose conditions, ensure safe anesthesia administration, track patient recovery, and provide optimal care for animals.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Veterinary monitoring equipment market size was USD 427.5 million in 2022 and will record a 9.4% CAGR between 2023 to 2032.

The vital sign monitors segment was 34.4% in 2022 and will witness robust growth by 2032 as these devices can track and assess the essential physiological parameters of animals, including heart rate, respiratory rate, blood pressure, and temperature.

North America veterinary monitoring equipment industry share was 39.2% in 2022 and will grow at a considerable growth rate through 2032 owing to the rising prevalence of diseases among animals across the region.

Medtronic plc, Dextronix, ICU Medical (Smiths Medical), Avante Animal Health, Midmark Corporation, and Bionet America, Inc., among others.