Veterinary Telehealth Market Growth Opportunities and Forecast till 2030
The Global Veterinary Telehealth Market Size accounted for USD 117 Million in 2021 and is anticipated to reach USD 629 Million by 2030 with a CAGR of 20.9% from 2022 to 2030.
Healthcare providers, including veterinarians and their staff, face both opportunities and challenges as a result of the rapid development of digital communications technologies. It's crucial to comprehend key definitions as you choose whether and how to use telemedicine in your practice. Veterinarians successfully employ telemedicine for a variety of purposes, including postoperative examinations, routine follow-up visits for animals with chronic conditions, dermatological concerns, behavioral issues, writing and receiving electronic prescriptions, etc. In addition, telemedicine enables pet owners to quickly seek assistance when their animals are experiencing less obvious health issues.
Parameter |
Veterinary Telehealth Market |
Veterinary Telehealth Market Size in 2021 |
US$ 117 Million |
Veterinary Telehealth Market Forecast By 2030 |
US$ 629 Million |
Veterinary Telehealth Market CAGR During 2022 – 2030 |
20.7% |
Veterinary Telehealth Market Analysis Period |
2018 - 2030 |
Veterinary Telehealth Market Base Year |
2021 |
Veterinary Telehealth Market Forecast Data |
2022 - 2030 |
Veterinary Telehealth Market Segments Covered |
By Animal Type, By Service Type, and By Region |
Veterinary Telehealth Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Veterinary Telehealth Market Key Companies Profiled |
Activ4Pets, Airvet, BabelBark, Inc., PetDesk, GuardianVets, Petzam, Vetster, Inc., TeleTails, VitusVet, Televet, and Whiskers Worldwide, LLC. |
Veterinary Telehealth Market Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Market Dynamics
Increasing prevalence of pet disease drives the veterinary telehealth market. The main drivers of the market's expansion are the rising incidence of animal diseases and the transmission of those diseases to humans, as well as the rising demand for diets high in protein. In the United States and throughout the world, zoonotic diseases are very prevalent. According to scientific estimates, 3 out of every 4 new or emerging infectious diseases in humans and more than 6 out of every 10 known infectious diseases in humans can be transmitted from animals. As a result, the CDC works round-the-clock to safeguard people in both the United States and other countries from zoonotic diseases.
Growing obesity cases in pets also fuels the veterinary telehealth market. Studies from various parts of the world have estimated that between 22 and 40 percent of dogs in the population are obese. The most recent data were obtained from a sizable study in Australia, where it was determined that 33.5% of dogs were overweight and 7.6% were considered obese. Similar rates of feline obesity are observed. The majority of researchers concur that the incidence in the pet population is rising, just like it does in humans.
Furthermore, rapid spread of livestock disease outbreaks in the world is expected to generate significant growth opportunities for the market in the coming years. Global animal health and welfare are seriously threatened by infectious livestock diseases, and effective management of these diseases is essential for maintaining agronomic health, securing domestic and global food supplies, and reducing rural poverty in developing nations. With changes in the global climate, agricultural practices, and demography creating conditions that are highly favorable for the transmission of arthropod-borne diseases into new geographies, there are a number of devastating livestock diseases that are endemic in many parts of the world. Threats from both old and new pathogens also continue to emerge.
Market Insights
The three categories of the global veterinary telehealth market are animal type, service type, and region. The segmentation based on the animal type includes equine, canine, feline, bovine, swine, and others. Based on service type, the market is categorized into telemonitoring, teleconsulting, telemedicine, and others.
Global Veterinary Telehealth Market Geographical Competition
The North America, Europe, Latin America, Asian-Pacific, and the Middle East & Africa regions make up the five geographical segments of the global veterinary telehealth market. Geographically, North America has recently held the dominant veterinary telehealth market due to the region's strong incumbent players as well as rising investments in animal health spending. Asia-Pacific, on the other hand is expected to witness the fastest growth rate in the coming years. The market is expanding as a result of the increasing use of veterinary healthcare facilities and the quickening expansion of manufacturing facilities in developing nations like China and India.
Global Veterinary Telehealth Industry Segment Analysis
Market By Animal Type
· Bovine
· Canine
· Equine
· Feline
· Swine
· Others
Market By Service Type
· Telemedicine
· Telemonitoring
· Teleconsulting
· Others
Veterinary Telehealth Market Leading Companies
This section of the study honors the market's top vendors Activ4Pets, Airvet, BabelBark, Inc., PetDesk, GuardianVets, Petzam, Vetster, Inc., TeleTails, VitusVet, Televet, and Whiskers Worldwide, LLC.
Veterinary Telehealth Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa