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Veterinary Monitoring Equipment Market Trends

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

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Veterinary Monitoring Equipment Market Trends

The increasing prevalence of animal disorders serves as a strong growth driver for the veterinary monitoring equipment industry. With a rise in diseases and health conditions affecting animals, there is a growing need for effective monitoring and healthcare solutions. Veterinary monitoring equipment plays a vital role in early detection, continuous monitoring, and disease management. The ability to closely monitor animals enables timely interventions, improved disease management, and enhanced animal welfare. This growing awareness of the importance of proactive healthcare in animals drives the demand for advanced monitoring systems.

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.