The Veterinary Patient Monitoring Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Veterinary Patient Monitoring Equipment Market?
The market for veterinary patient monitoring equipment has experienced significant growth in recent years. The market size is projected to increase from $0.67 billion in 2024 to $0.73 billion in 2025, with a compound annual growth rate (CAGR) of 8.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Veterinary Patient Monitoring Equipment Industry?
The Veterinary Patient Monitoring Equipment Global Market Report 2025 predicts that by 2029, the market size will reach $1 billion, expanding at a compound annual growth rate (CAGR) of 8.1%.
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What are the Key Growth Drivers Fueling the Veterinary Patient Monitoring Equipment Market?
The key drivers in the veterinary patient monitoring equipment market are:
• Rising expenditure on pet healthcare
• The emergence of veterinary telemedicine
• Globalization of veterinary services
• Rising demand for personalized veterinary care
Global Market Segmentation: Identifying Major Veterinary Patient Monitoring Equipment Industry Segments
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
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What are the Emerging Trends Shaping the Future of the Veterinary Patient Monitoring Equipment Market?
The key trends in the veterinary patient monitoring equipment market are:
• Wearable monitoring devices are becoming a significant trend in the market.
• The market is greatly shaped by advancements in technology.
• There is a rising trend towards remote monitoring and telehealth.
• Wireless connectivity and eco-friendly monitoring are also key upcoming trends in the market.
Who Are the Top Competitors & Leading Players in the Veterinary Patient Monitoring Equipment Market?
Major companies in the veterinary patient monitoring equipment market are:
• Smiths Group plc
• Hallowell Engineering & Manufacturing 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
Regional Dominance: Which Area Leads the Global Veterinary Patient Monitoring Equipment Market?
North America was the largest region in the veterinary patient monitoring market in 2023
