Veterinary Telehealth 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!
What External and Internal Drivers Are Contributing to the Growth of theVeterinary Telehealth Market?
The rise in zoonotic diseases among animals is set to fuel the expansion of the veterinary healthcare market in the future. Zoonotic diseases comprise a set of illnesses instigated by harmful pathogens such as bacteria, viruses, parasites, and fungi. These pathogens can trigger a range of health issues in humans and animals, spanning from mild to serious health conditions, and even death. The employment of veterinary telemedicine services can play a key role in reducing zoonotic infections in animals by facilitating disease identification and control. Through virtual consultations with pet owners, veterinarians can detect and diagnose diseases at their initial stages, thereby restricting the spread of zoonotic infections. For example, a World Health Organization report from July 2022 indicated a 64% hike in zoonotic cases in Africa as reported by a government agency based in Switzerland. Furthermore, the emergence of zoonotic diseases is escalating worldwide and particularly in India. More than half, around 60%, of emerging infectious diseases in humans are due to zoonotic pathogens, with 816 out of 1407 human pathogens being zoonotic. Hence, the escalating presence of zoonotic diseases in animals will catalyze the growth of the veterinary telehealth market.
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How Has the Veterinary Telehealth Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?
The size of the veterinary telehealth market has experienced significant escalation in the recent past. The market is projected to increase from $1.64 billion in 2024, escalating to $2.05 billion in the following year, with a Compound Annual Growth Rate (CAGR) of 25.4%. This upward trend in the history can be traced back to robust growth in new markets, amplified pet expenditure, favorable government policies, and an upswing in pet insurance coverage.
In the coming years, the size of the veterinary telehealth market is predicted to witness massive expansion. A growth up to $5.44 billion by 2029 is anticipated, reflecting a compound annual growth rate (CAGR) of 27.6%. This projected growth can be associated with factors such as the rise in pet ownership, increased intake of animal-based products, and burgeoning urbanisation. The period of forecast is expected to see significant trends such as the use of advanced technologies like artificial intelligence, expansion of new facilities, fostering of partnerships and collaborations, along with the introduction of new veterinary telehealth services to fortify financial prowess and diversify product offerings.
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Which Upcoming Market Trends and Innovations Are Set to Influence theVeterinary Telehealth Market’s Path Forward?
Leading entities in the veterinary telehealth sector are leveraging cutting-edge technologies like artificial intelligence (AI) to reinforce their market standing. The use of AI algorithms allows these companies to evaluate a pet’s medical records, genetic data, lifestyle patterns, and environmental factors to devise tailored treatment strategies. For instance, in May 2023, PetHub Inc., a US-based firm that serves as a link between pet owners and essential resources, tools, savings, and a storage for crucial pet data, rolled out a new wellness gadget for pet owners, supported by VetInsight. The PetHub Wellness Tools constitute unlimited veterinary telehealth services round the clock, a comprehensive AI symptom evaluator, and a digital food and treat selector that offers bespoke recommendations for pets. The Symptom Checker functionality is an on-demand, AI-powered virtual vet enabling pet owners to investigate their pet’s symptoms and get guidance on subsequent steps based on the submitted information.
Who Are the Dominant Market Players Pushing the Boundaries of theVeterinary Telehealth Market?
Major companies operating in the veterinary telehealth market include FirstVet, Whiskers Worldwide, LLC, Airvet, BondVet, Fuzzy Pet Health,Petzam, PetDesk, WellHaven Pet Health, VetCT, TeleVet, VetFamily, Vettr, The Vet Connection, Homevet, Boehringer Ingelheim, VetPlanet, VetNOW, Vetster, Pawzy, PocketPills for Pets, VIC Animal Health, Vetro Solutions, Belfarmacom, Pawp, GuardianVets, PetLove, Doctor Vet, Teleconsulta Veterinaria, Vetwork, Altibbi, Global Vet Ltd, Multivet Ghana Ltd
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What Are the Core Segments of the Veterinary Telehealth Market, and How Do They Contribute to Growth?
The veterinary telehealth market covered in this report is segmented –
1) By Animal Type: Canine, Feline, Equine, Bovine, Swine, Other Animal Types
2) By Service Type: Telemedicine, Teleconsulting, Telemonitoring, Other Service Types
Subsegments:
1) By Canine: Small Breed Dogs, Large Breed Dogs
2) By Feline: Domestic Cats, Exotic Cats
3) By Equine: Horses, Ponies
4) By Bovine: Dairy Cattle, Beef Cattle
5) By Swine: Pigs, Hogs
6) By Other Animal Types: Poultry, Small Mammals, Reptiles
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What Regions Are Dominating the Veterinary Telehealth Market Growth?
North America was the largest region in the veterinary telehealth market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veterinary telehealth market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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