Veterinary monitoring equipment market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period. The increasing prevalence of animal disorders along with growing focus on animal health is a key factor driving the market growth. As per Pet Food Manufacturer Association, there were more than 54 million pets in the UK in 2022. About 44.0% household had at least 1 pet. There are approximately 12 million dogs as pets in the UK, with 31.0% of households owning a dog. There are approximately 11 million pet cats in the UK, with 26.0% of all households having a cat. The high adoption of pets in the country will lead to the demand for veterinary monitoring equipment monitoring market in the country.
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The trend to adopt the companion animals is increasing across the globe especially in developed and emerging economies. A companion animal is a pet which is kept for the company with the human and not for a service. Most adopted companion animals are cats and dogs followed by rabbit, birds, pigs, snakes. According to the US National shelter, the adoption rate of cats and dogs has steadily increased in the recent years. Approximately 6.3 million companion animals enter US animal shelters nationwide every year. Of those, approximately 3.1 million are dogs and 3.2 million are cats. Approximately 4.1 million shelter animals are adopted each year (2 million dogs and 2.1 million cats). According to the estimation of American Pet Products Association, in 2022, 69 million dogs and 45.4 million cats are owned in the US. Approximately 44.0% of all households in the US have a dog, and 35.0% have a cat. The high number of companion animals across the region creates demand for their proper care hence driving the growth of the global veterinary monitoring equipment market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Veterinary Monitoring Equipment Market 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
Global Veterinary Monitoring Equipment Markey by Target Area
- Cardiology
- Respiratory
- Neurology
- Others
Global Veterinary Monitoring Equipment Market by Animal Type
- Small Companion Animals
- Large Animals
- Others
Global Veterinary Monitoring Equipment Market by End-User
- Veterinary Clinics and Diagnostic Centers
- Veterinary Hospitals
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
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.
- Midmark Corp.
- MinXray Corp.
- Nonin Corp.
- VETLAND MEDICAL SALES AND SERVICES
- Vetronic Services Ltd.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global veterinary monitoring equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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