The Veterinary Digital Technology Market Size is valued at USD 6818.3 Mn in 2023 and is predicted to reach USD 34846.6 Mn by the year 2031 at an 23.2% CAGR during the forecast period for 2024-2031.
The rapid development of digital technology, in past few years, allowed a revolution in overall veterinary industry, including development of Telemedicine, Telehealth, monitoring devices, digital cameras and animal production field’s involvement. Digital technology in the veterinary industry offers a comprehensive system for different types of care settings along with custom features such as tracking and identification, behavior monitoring, and veterinary diagnosis. In the veterinary industry, technological improvement continues to develop the level of care, affordability and accessibility have allowed more widespread integration into smaller practices, including diagnostic imaging.
The growth is driven by the increasing application of Veterinary Digital Technology in growing animal health expenditure along with a rising number of veterinary practitioners in developed regions and development in the companion animal sector. Rapidly increasing demand for ensuring animal safety, security & medical diagnosis, and treatment in livestock is further likely to boost the market growth. Integration of digital technology is also projected to have a momentous impact on the animal healthcare industry during the forecast period. The market is growing rapidly, driven by the rising application of Veterinary digital technology in tracking and identifying, monitoring behavior, diagnosing medical concerns.
Competitive Landscape
Some of The Key Players in The Veterinary Digital Technology Market:
- Metamorphosis Partners
- Advanced Animal Diagnostics, Inc.
- Babel Bark, Inc.
- SwineTech, Inc.
- inulogica
- whiskerDocs, LLC
- Quantified Ag (Merck & Co., Inc.)
- Pathway Vet Alliance (TSG Consumer)
- Anipanion
- Linkyvet
- Otto
- Petriage, Inc.
- TeleTails
- VetNOW
- Airvet
- Pawz Limited
- Oncura Partners (Analogic)
- BI X GmbH (Boehringer Ingelheim company)
- VETOCLOCK
- VetCT
- Vetster, Inc.
- Smartbow (Zoetis Services LLC.)
- IDEXX Laboratories, Inc.
- Vetspire, LLC
- Hippo Manager
- Covetrus
- VitusVet
- Healthy Pet Connect
- Mella Pet Care
- Shepherd Veterinary Software
- Animal Intelligence Software
- VetRadar
- VetSnap Corporation
- VETport LLC.
- Vetstoria
- Other Prominent Players
Market Segmentation
The Global Veterinary Digital Technology market is categorized on the basis of product, end-user, and region. On the basis of product type, the market is segmented into Companion Animal Digital Technology and Livestock/Production Animal Digital Technology. Companion Animal Digital Technology is further categorized into Telemedicine, Telehealth, reminder applications, trackers, wearables, and platform marketplaces. Livestock/Production Animal Digital Technology is further categorized into monitoring devices, identification devices, trackers, wearables, remote sensors, digital cameras, microphones, and environmental sensors. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among all, North America is expected to dominate the market during the analysis of the forecast period.
The Veterinary Digital Technology Market Report Scope
Report Attribute |
Specifications |
Market Size Value In 2023 |
USD 6818.3 Mn |
Revenue Forecast In 2031 |
USD 34846.6 Mn |
Growth Rate CAGR |
CAGR of 23.2 % from 2024 to 2031 |
Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
Historic Year |
2019 to 2023 |
Forecast Year |
2024-2031 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Product |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; South East Asia |
Competitive Landscape |
Metamorphosis Partners, Advanced Animal Diagnostics, Inc., Babel Bark, Inc., SwineTech, Inc., inulogica, whiskerDocs, LLC, Fuzzy Pet Health, Quantified Ag, Pathway Vet Alliance, Anipanion, Linkyvet, TeleVet, Petriage, Inc., TeleTails, VetNOW, Airvet, Pawz Limited, Oncura Partners, PetPro Connect, VETOCLOCK, and VetCT., and others |
Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |