Pet Diabetes Care Devices Market Insights 2025-2034: Growth Dynamics, Trends, and Strategic Opportunities
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How has the pet diabetes care devices market grown in recent years?
There has been robust growth in the pet diabetes care devices market size in recent years. It is predicted to expand from a size of $2.56 billion in 2024 to an increased $2.74 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.0%. The surge in growth during the historical period can be credited to the introduction of glucose monitoring devices, a rise in pet diabetes diagnoses, betterment in treatment results, increased spending on pet healthcare, and enhanced educational and veterinary assistance.
How is the pet diabetes care devices market size expected to evolve during the forecast period?
The market size of pet diabetes care devices is predicted to witness significant expansion in the coming years, hitting $3.91 billion by 2029 reflecting a compound annual growth rate (CAGR) of 9.3%. The anticipated growth can be credited to increased awareness about pet health, the embrace of interconnected devices, tailor-made treatment options, growth of telehealth, and investments in research and development. Key trends to be observed during the forecast period include association and alliances, advancements in insulin delivery, heightened education and awareness, remote vet care and telemedicine, and personalized, targeted treatments.
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Which key drivers are propelling the pet diabetes care devices market’s growth?
The growth of the pet diabetes care device market is anticipated to be fueled by the rising spending on pet health. This involves the money expended by pet owners for their pets’ health complications, encompassing veterinary attention, appropriate equipment, and pet health care devices. For example, as per the figures published by the American Veterinary Medical Association, a non-profit organization from the US, in October 2022, there has been a significant uptick in consumer spending on both dogs and cats from 2020 to 2022. Expenses for annual veterinary visits for single-dog households increased to $362 in 2022 from a previous $224 over the past two years. Consequently, the escalating pet health expenditure is stimulating the pet diabetes care device market’s expansion.
What are the market segments in the pet diabetes care devices industry?
The pet diabetes care devices market covered in this report is segmented –
1) By Animal Type: Dogs, Cats, Horses
2) By Device: Glucose Monitoring Devices, Insulin Delivery Devices
3) By End Users: Homecare, Veterinary Hospitals, Others End Users
Subsegments:
1) By Dogs: Insulin Delivery Devices, Glucose Monitoring Devices, Blood Glucose Test Strips, Continuous Glucose Monitors
2) By Cats: Insulin Delivery Devices, Glucose Monitoring Devices, Blood Glucose Test Strips, Continuous Glucose Monitors
3) By Horses: Insulin Delivery Devices, Glucose Monitoring Devices, Blood Glucose Test Strips, Continuous Glucose Monitors
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Which leading companies are shaping the growth of the pet diabetes care devices market?
Major companies operating in the pet diabetes care devices market include Allison Medical Inc., Zoetis Inc., Becton Dickinson and Company, Boehringer Ingelheim Vetmedica Inc., Henry Schein Animal Health, Apotex Inc., Merck Co. Inc., Trividia Health Inc., UltiMed Inc., ACON Laboratories Inc., i-SENS Inc., TaiDoc Technology Corporation, Abbott Laboratories, Novo Nordisk AS, Covetrus AG, Eli Lilly and Company, Bayer AG, Terumo Corporation, AccuBioTech Co. Ltd., ALR Technologies Inc.
What key trends are currently impacting the pet diabetes care devices market’s development?
Key developments in technology are a major trend shaping the pet diabetes care device market. Large corporations in this market are introducing cutting-edge technologies to consolidate their market standing. A case in point, in February 2023, Zoetis Inc., a veterinary pharmaceutical firm based in the US, unveiled the AlphaTrak 3 blood glucose monitoring system specifically for cats and dogs in the US. This system includes a new mobile app that facilitates the collection, storage, and sharing of data by pet owners and veterinary healthcare professionals. The AlphaTrak 3 system promotes smooth data transfer and communication through the smartphone app, thus enabling quicker exchange of information about a pet’s glucose levels and other crucial data with the veterinary clinic in real-time. This results in better assurance in the care of diabetic pets for both veterinarians and pet owners. The AlphaTrak 3 device provides precise information in a short span of five seconds, which is faster than the older AlphaTrak 2 model. It requires just 0.3 microliters of blood and measures a blood glucose range from 20 to 750 milligrams per deciliter. The newly introduced AlphaTrak 3 app also gathers more comprehensive data from pet owners than older models, including information about their pet’s eating, drinking, activity levels, and insulin administration schedules.
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Which geographic areas are influencing the growth of the pet diabetes care devices market?
North America was the largest region in the pet diabetes care devices market in 2024. The regions covered in the pet diabetes care devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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