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Veterinary Patient Monitoring Equipment Market Forecast: Value Set To Climb From $0.77 Billion To $1.07 Billion
The veterinary patient monitoring equipment market has shown robust expansion in recent years. It is projected to increase from $0.72 billion in 2025 to $0.77 billion in 2026, achieving a compound annual growth rate (CAGR) of 7.9%. This historical development can be attributed to several factors including the initial scarcity of advanced veterinary monitoring tools, a reliance on basic vital sign monitoring equipment, the expansion of veterinary hospitals and clinics, a rising number of surgical procedures performed on animals, and increasing awareness of animal welfare standards.
The veterinary patient monitoring equipment market is projected to experience substantial expansion over the upcoming years, reaching $1.07 billion in 2030, demonstrating an 8.3% compound annual growth rate (CAGR). This anticipated growth during the forecast period is propelled by factors such as the rising need for sophisticated critical care for animals, an expanding companion animal population, increasing capital investment in veterinary healthcare infrastructure, the wider deployment of remote patient monitoring tools, and a heightened emphasis on proactive veterinary care. Furthermore, significant trends expected in this period include the increasing uptake of multi-parameter monitoring systems, a growing requirement for uninterrupted and real-time patient surveillance, more frequent utilization of monitoring devices in surgical procedures and intensive care, the broadened application of monitoring tools for companion animal well-being, and an intensified focus on early disease detection and risk management.
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Veterinary Patient Monitoring Equipment Market Development Factors: What’s Supporting Demand?
The expanding population of pets is anticipated to drive the growth of the veterinary patient monitoring equipment market in the coming years. A pet is defined as an animal kept primarily for companionship or its owner’s enjoyment, rather than for work, livestock, or laboratory purposes. These animals are often regarded for their attractive or cute features, intelligence, and relatable personalities. Owners are increasingly recognizing the importance of frequent check-ups and preventative care for their pets, which has spurred demand for veterinary patient monitoring technology. The growing adoption of companion animals like dogs and cats has further elevated the need for this technology. As an illustration, in April 2025, the Canadian Animal Health Institute, a Canada-based trade association, reported that in 2024, Canada had an estimated 7.2 million dogs and 8.2 million cats, making pets an essential part of more than half of Canadian households. Thus, the increasing number of pets is fueling the veterinary patient monitoring equipment market.
Veterinary Patient Monitoring Equipment Market Segment Landscape And Growth Outlook
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
Veterinary Patient Monitoring Equipment Market Transformation Trends: What Innovations Are Driving Change?
Leading companies in the Veterinary Patient Monitoring Equipment Market are concentrating on wireless and cloud-based patient monitoring systems, such as platforms for tracking wireless vitals, to achieve a competitive edge. These systems utilize compact, cloud-connected sensors and mobile applications to continuously monitor crucial vital signs, including heart rate, respiration rate, ECG, and temperature in real time, thereby allowing for constant observation and remote data access. For example, in November 2025, Bionet America Inc., a US-based animal health technology company, launched O’Pet Curv, a wireless veterinary monitoring system capable of tracking vital signs for up to six patients through cloud connectivity, offering automated reporting and alerts, and supporting mobile device access, features designed to improve workflow efficiency and clinical decision-making.
Veterinary Patient Monitoring Equipment Market Key Players Shaping Industry Direction
Major companies operating in the veterinary patient monitoring equipment market are Hallowell Engineering & Manufacturing Corporation, DRE Veterinary, Digicare Biomedical Technology Inc., Midmark Corporation, Jorgensen Laboratories, Vetland Medical Sales and Services LLC, Jorgen Kruuse A/S, Mila International Inc., Nonin Medical, Henry Schein, IDEXX Laboratories Inc., Shenzhen Comen Medical Instruments Co. Ltd., Shenzhen Witleaf Medical Electronics Co. Ltd, CONTEC Medical, VetSpecs Inc., Digicare Animal Health, Avante Animal Health, Bionet America Inc., Criticare Systems Inc., Edan Instruments Inc., Smiths Group plc, Datex-Ohmeda, Masimo Corporation
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Veterinary Patient Monitoring Equipment Market Regional Analysis: Which Geography Leads On Revenue?
North America was the largest region in the veterinary patient monitoring market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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