Global Veterinary Monitoring Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Vital Signs Monitor, Anesthesia Monitor, and ECG Monitor.

By Animal Type;

Small Companion Animals - Dogs and Cats, Large Animals - Equines and Other Large Animals, Other Animals.

By End User;

Veterinary Clinics & Diagnostic Centers, Veterinary Hospitals and Research Institutes.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn676356698 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Veterinary Monitoring Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Veterinary Monitoring Equipment Market was valued at USD 525.03 million. The size of this market is expected to increase to USD 1,023.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.

The global veterinary monitoring equipment market is a crucial segment within the broader healthcare technology landscape, focused specifically on enhancing the care and well-being of animals. This market encompasses a wide range of sophisticated devices designed to monitor vital signs, detect abnormalities, and aid in the diagnosis and treatment of various medical conditions in animals. Veterinary monitoring equipment includes devices such as vital sign monitors, anesthesia monitors, ECG machines, and temperature management systems, among others.

Key drivers of growth in this market include the increasing adoption of pets and companion animals worldwide, coupled with rising awareness among pet owners regarding the importance of preventive healthcare for animals. Technological advancements in veterinary monitoring equipment, such as the development of portable and wireless devices that enable real-time monitoring and remote diagnostics, are also contributing to market expansion. Furthermore, the growing prevalence of chronic diseases in animals, similar to those seen in humans, necessitates the use of advanced monitoring solutions to manage these conditions effectively.

Geographically, North America and Europe are prominent markets for veterinary monitoring equipment, driven by a high level of pet ownership and advanced veterinary healthcare infrastructure. Emerging economies in Asia Pacific and Latin America are witnessing rapid growth in this sector due to increasing disposable income, urbanization, and a shift towards more comprehensive veterinary care standards. Overall, the veterinary monitoring equipment market is poised for continued expansion as technological innovation and awareness of animal health continue to evolve globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Animal Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Veterinary Monitoring Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing focus on animal health and welfare
        2. Technological advancements in veterinary monitoring equipment
        3. Rise in pet ownership and companion animal healthcare spending
      2. Restraints
        1. High cost associated with advanced monitoring equipment
        2. Limited adoption in developing regions
        3. Concerns regarding data privacy and security
      3. Opportunities
        1. Expansion of telemedicine and remote monitoring solutions
        2. Growing demand for livestock monitoring in agriculture
        3. Development of portable and wearable monitoring devices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Veterinary Monitoring Equipment Market, By Type, 2021 - 2031 (USD Million)
      1. Vital Signs Monitor
      2. Anesthesia Monitor
      3. ECG Monitor
    2. Global Veterinary Monitoring Equipment Market, By Animal Type, 2021 - 2031 (USD Million)
      1. Small Companion Animals
        1. Dogs
        2. Cats
      2. Large Animals
        1. Equines
        2. Other Large Animals
      3. Other Animals
    3. Global Veterinary Monitoring Equipment Market, By End User, 2021 - 2031 (USD Million)
      1. Veterinary Clinics & Diagnostic Centers
      2. Veterinary Hospitals
      3. Research Institutes
    4. Global Veterinary Monitoring Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Dre Veterinary
      2. Smiths Group Plc
      3. Digicare Biomedical Technology
      4. Midmark Corporation
      5. Covetrus, Inc.
      6. Medtronic Plc
      7. Bionet America, Inc.
      8. Sonoscape Medical Corporation
      9. Hallowell Emc
      10. Minxray, Inc.
      11. Hallmarq Veterinary Imaging Ltd.
      12. Esaote S.P.A
      13. Agfa-Gevaert N.V.
      14. Nonin Medical Inc.
      15. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
      16. Other Major Companies
  7. Analyst Views
  8. Future Outlook of the Market