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How Has the Artificial Intelligence (AI) In Animal Health Market Grown from 2024 to 2025?
The market size for artificial intelligence (AI) in animal health has expanded quickly in the past few years. A rise from $1.45 billion in 2024 to $1.74 billion in 2025 is expected, demonstrating a compound annual growth rate (CAGR) of 19.8%. The notable growth during the bygone period is tied to a surge in AI applications, the accessibility of AI-oriented solutions, key company initiatives, amplified spending on animals, and the incorporation of AI into veterinary diagnostics.
What Growth Rate Is Anticipated for the Artificial Intelligence (AI) In Animal Health Market in the Coming Years?
The AI in animal health market size is anticipated to experience significant growth in the upcoming years, projected to increase to $3.57 billion by 2029, with a CAGR of 19.7%. The expected growth within the forecast period is due to factors like precision management of livestock, veterinary healthcare improvements, incorporations of data-centric strategies and advanced solutions, remote health monitoring, early detection of diseases, and the identification of irregularities enabling proactive healthcare and personalized medicines. The forecast period will also witness key trends like advancements in veterinary diagnostics, growing adoption of AI technologies, improved disease detection and monitoring, and a heightened focus on animal welfare and conservation.
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Who Are the Leading Companies in the Artificial Intelligence (AI) In Animal Health Market?
Major companies operating in the artificial intelligence (AI) in animal health market are Microsoft Corporation, International Business Machines Corporation, Zoetis Inc., VCA Animal Hospitals Inc., IVC Evidensia, IDEXX Laboratories Inc., Merck Animal Health, Heska Corporation, Agria Pet Insurance, PrecisionHawk, SignalPET, ImpriMed Inc., PetPace Ltd., VetNOW, Shenzhen Mindray Animal Medical Technology Co. Ltd., EIO Diagnostics Inc., Connecterra, GuardianVets, Halter USA Inc., Petriage Inc., Moichor Inc., OneCup Al, AgGenetics Inc., IMV Technologies, Felcana, Vet-Al, Alpha Phenomics Inc.
What Are the Key Drivers of the Artificial Intelligence (AI) In Animal Health Market?
The growth of the artificial intelligence (AI) in the animal health market is anticipated to be driven by escalating expenses on animal health. The term refers to the total funds utilized for maintaining and enhancing the health and well-being of animals. There’s a rise in animal health expense due to increased awareness, the trend of humanizing pets, and the growing demand for sophisticated veterinary care services, which include cutting-edge technologies like artificial intelligence. Pet owners holding high-spending capacity can afford AI-enabled telehealth services and remote tracking solutions. These conveniences provide consistent monitoring of pets’ health and make online consultations with veterinarians feasible. For example, based on data from the American Pet Products Association, an American trade organization in the pet sector, the spending on pet health by Americans was $136.8 billion in 2022, marking an increase of 10.68% from the prior year’s $123.6 billion. In addition, $35.9 billion was directed toward Vet Care services. Thus, the surge in expenses on animal health is contributing to the growth of the AI in animal health market.
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What Are the Key Market Segments in the Artificial Intelligence (AI) In Animal Health Industry?
The artificial intelligence (AI) in animal health market covered in this report is segmented –
1) By Solution: Hardware, Software And Services
2) By Technology: Machine Learning, Natural Language Processing (NLP), Computer Vision, Other Technologies
3) By Animal Type: Companion Animals, Production Animals
4) By Application: Diagnostics, Identification, Tracking, And Monitoring, Other Applications
5) By End-Use: Veterinary Clinics And Hospitals, Research Institutions, Farms And Livestock Producers
Subsegments:
1) By Hardware: Diagnostic Devices, Wearable Health Monitoring Devices, Automated Feeding Systems
2) By Software And Services: AI-Powered Diagnostic Tools, Predictive Analytics Software, Health Management Platforms, Consulting Services, Implementation And Integration Services, Maintenance And Support Services, Training And Educational Programs
What Are the Latest Trends in the Artificial Intelligence (AI) In Animal Health Market?
Major companies in the artificial intelligence (AI) animal health market are advancing their technologies to include features such as feed suggestions for cattle, aimed at enhancing livestock nutrition and farming management systems. This innovative technology is designed to boost the productivity of livestock farms by creating feeding schedules tailored to meet the unique requirements of each animal or group, taking into account their age, weight, health condition, and dietary needs. For example, Precision Livestock Technologies, an American firm specializing in software and hardware solutions for livestock feeding and health, launched the first AI-based system for predicting cattle feed intake and offer feeding advice in January 2024. This unique system produces daily numerical feeding projections using a plethora of data collected from Precision Livestock Technologies’ machine vision bunk management system and other external data sources. The system considers factors like feeding frequency, meal times, feeding cycles, cattle habits, type of feed, climate conditions, among others.
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What Are the Key Regional Markets in the Artificial Intelligence (AI) In Animal Health Industry?
North America was the largest region in the artificial intelligence (AI) in animal health market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) in animal health market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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This Report Delivers Insight On:
1. How big is the artificial intelligence (ai) in animal health market, and how is it changing globally?
2. Who are the major companies in the artificial intelligence (ai) in animal health market, and how are they performing?
3. What are the key opportunities and risks in the artificial intelligence (ai) in animal health market right now?
4. Which products or customer segments are growing the most in the artificial intelligence (ai) in animal health market?
5. What factors are helping or slowing down the growth of the artificial intelligence (ai) in animal health market?
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