Veterinary Patient Monitoring Equipment Market 2025-2034: Key Highlights, Growth Dynamics, and Emerging Trends
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theVeterinary Patient Monitoring Equipment Market?
The growing prevalence of diseases in animals is a significant factor driving the veterinary patient monitoring equipment market. With an increase in the incidence of diseases in both livestock and companion animals, there is a higher demand for monitoring equipment for diagnosis. For example, the World Health Organization reported outbreaks of H5N1 avian influenza in 2022, affecting millions of farmed poultry, highlighting the need for improved monitoring equipment for animals.
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#What Growth Opportunities Will Drive the Veterinary Patient Monitoring Equipment Market’s CAGR Through 2034?
The veterinary patient monitoring equipment market size has grown strongly in recent years. It will grow from $0.67 billion in 2024 to $0.73 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. This growth is attributed to the increasing pet ownership, humanization of pets, the rising prevalence of chronic diseases in animals, the growing awareness of the benefits of patient monitoring, and government initiatives supporting veterinary healthcare.
The veterinary patient monitoring equipment market is expected to grow to $1 billion by 2029, at a CAGR of 8.1%. Factors driving this growth include increased pet healthcare spending, veterinary telemedicine, and globalization of veterinary services. Trends include advancements in technology, wearable devices, remote monitoring, wireless connectivity, and eco-friendly monitoring.
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What New Market Trends Are Reshaping theVeterinary Patient Monitoring Equipment Market and Its Opportunities?
Wearable technology for animals is gaining popularity as veterinarians and pet owners adopt devices to monitor animal behavior. These smart devices track body temperature, behavior, and movement, providing valuable health insights. For instance, Vetrax, a wearable sensor for dogs, helps pet owners and veterinarians monitor the behavior of unsupervised animals. Studies show that 83% of pet owners are satisfied with wearable technology, with 68% finding it effective for monitoring their pets’ health, including weight and diabetes.
What Are the Major Market Players Making an Impact on theVeterinary Patient Monitoring Equipment Market Growth?
Major companies operating in the veterinary patient monitoring equipment market include Smiths Group plc, Hallowell Engineering & Manfufacturing Corporation, DRE Veterinary, Digicare Biomedical Technology Inc., Midmark Corporation, Medtronic plc., Jorgensen Laboratories, Vetland Medical Sales and Services LLC, Jorgen Kruuse A/S, Mila International Inc., Mindray Medical International Limited, Nonin Medical, B. Braun Melsungen AG, Henry Schein, Infiniti Medical LLC, 3M, Carestream Health, IDEXX Laboratories Inc., Agfa Healthcare, MinXray Inc., Diagnostic Imaging Systems, GE Healthcare, Esaote S.p.A, Shenzhen Comen Medical Instruments Co. Ltd., Lepu Medical, ALPHATEC, Shenzhen Witleaf Medical Electronics CO. Ltd, CONTEC Medical, Datex-Ohmeda, Respironics, VetSpecs Inc., Digicare Animal Health, Burtons Medical Equipment Ltd, Avante Animal Health, Cardiac Science Corporation, Bionet America Inc., Burdick, Criticare Systems Inc., Datascope Corp., Edan Instruments Inc., Masimo Corporation, Nihon Kohden Corporation
How Are the Key Segments of the Veterinary Patient Monitoring Equipment Market Driving Opportunities and Innovations?
The veterinary patient monitoring equipment market covered in this report is segmented –
1) By Product: Cardiac Monitoring Devices, Respiratory Monitoring Devices, Remote Patient Monitoring Devices, Multi-Parameter Monitoring Devices, Neuromonitoring Devices, Other Products
2) By Animal: Small Companion Animals, Large Companion Animals, Wild Animals, Zoo Animals, Aquatic Animals, Exotic Animals
3) By End User: Veterinary Hospitals, Veterinary Clinics, Veterinary Research Centers
Subsegments:
1) By Cardiac Monitoring Devices: ECG Or EKG Monitors, Heart Rate Monitors, Pulse Oximeters, Blood Pressure Monitors
2) By Respiratory Monitoring Devices: Capnography Monitors, Pulse Oximeters, Respiratory Rate Monitors, Spirometers
3) By Remote Patient Monitoring Devices: Wearable Monitors, Telemedicine Systems, Mobile Health Devices
4) By Multi-Parameter Monitoring Devices: Infusion Pumps, Vital Sign Monitors, Multivariable Monitors
5) By Neuromonitoring Devices: EEG Monitors, BIS Monitors, Evoked Potential Monitors
6) By Other Products: Temperature Monitors, Fetal Monitors, Glucose Monitoring Devices
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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theVeterinary Patient Monitoring Equipment Market?# Market Expansion?
North America was the largest region in the veterinary patient monitoring market in 2023. Asia-Pacific was the second-largest region in the global veterinary patient monitoring market share. The regions covered in the veterinary patient monitoring equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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