The global veterinary monitoring equipment market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period (2023-2030). The new equipment launches to cater the demand for proper treatment of animals is a key factor driving the market growth. For instance,
- In February 2023, Zoetis launched the AlphaTrak 3 blood glucose monitoring system for cats and dogs suffering from diabetes in the US. This model builds on original AlphaTrak and includes a new mobile app enabling seamless, simplified communication and sharing of a pet’s glucose data and additional information with the veterinary practice in real-time for enhanced diabetic pet care.
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- In January 2023, Masimo Corp. announced the limited market release of Visual Clinical Activity Monitoring (VCAM), a video analysis system that uses AI to facilitate compliance with hospital hand hygiene protocols. VCAM, which integrates seamlessly with the Masimo Hospital Automation platform of solutions, including Masimo Patient SafetyNet, Replica, and Root, is designed to help hospitals and other care facilities optimize protocol adherence, with real-time notifications at the point-of-care about current hand hygiene status and powerful analytics around protocol compliance – with the ultimate goal of helping institutions decrease the incidence of hospital-acquired infections (HAIs).
- In October 2022, Merck Animal Health announced the launch of Animo GPS in the US. AnimoGPS is an activity and behavior monitor device for dogs integrated with GPS tracking capabilities. The product can alert pet owners within 20 seconds if their dog leaves its designated “Safe Zone” and offers real-time tracking with location updates from every 5 seconds when in “Lost Dog Mode.”
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Equipment Type
o By Target Area
o By Animal Type
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Covetrus Inc., Agfa-Gevaert Group, Smiths Medical, Masimo Corp., and Midmark Corp. among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Veterinary Monitoring Equipment Market Report Segment
By Equipment Type
- Vital Sign Monitors
- Capnography and Oximetry Systems
- Anesthesia Monitor
- ECG and EKG Monitors
- Magnetic Resonance Imaging (MRI) Systems
- Other Veterinary Monitoring Equipment
By Target Area
- Cardiology
- Respiratory
- Neurology
- Others
By Animal Type
- Small Companion Animals
- Large Animals
- Others
By End-User
- Veterinary Clinics and Diagnostic Centers
- Veterinary Hospitals
- Others
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Veterinary Monitoring Equipment Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Agfa-Gevaert Group
- Avante Animal Health, Inc.
- Bionet America Inc.
- Burtons Medical Equipment
- Dextronix Inc.
- Digicare Biomedical
- DRE Veterinery
- Esaote SpA
- Hallmarq Veterinary Imaging
- ICU Medical (Smiths Medical)
- IMV Technologies
- Masimo Corp.
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