Veterinary Telemedicine Market Size

Veterinary Telemedicine Market Size

Veterinary Telemedicine Market size was around USD 134.3 million in 2022 and is expected to reach USD 753.1 million by 2032 with a CAGR of 18.3%. Major growth factors for the market are increasing pet ownership, rising prevalence of diseases in animals, growing pet spending, and ongoing advancements in telecommunication technology. The increasing prevalence of diseases in animals has emerged as a significant driver for the growth of the market.

For instance, according to American Veterinary Medical Association (AVMA), diabetes mellitus is a common chronic disease affecting both cats and dogs globally. Similarly, according to International Renal Interest Society (IRIS), chronic kidney disease is estimated occur up to 30% in cats and 10% in dogs in the recent years. Thus, telemedicine provides timely and efficient access to veterinary care, overcoming geographical barriers in remote or underserved areas, where access to traditional veterinary services may be limited.

Veterinary telemedicine utilizes technology and digital communication tools to provide remote animal healthcare services. This practice allows veterinarians to offer consultations, diagnosis, treatment recommendations, and ongoing monitoring without the need for physical presence. It encompasses a range of virtual services, including video calls, phone consultations, online messaging, and the electronic transfer of medical records and images.