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Global Veterinary Digital Technology Market

Veterinary Digital Technology Market Size, Share & Trends Analysis Report By Product (Companion Animal Digital Technology and Livestock/Production Animal Digital Technology), Region And Segment Forecasts, 2023-2031.

Report ID : 1137 | Published : 2023-07-08 | Pages: 180 | Format: PDF/EXCEL

The Veterinary Digital Technology Market is expected to grow at a 21.0 % CAGR during the forecast period for 2023-2031.

 Veterinary Digital Technology Market

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.

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.

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
  • Fuzzy Pet Health
  • Quantified Ag
  • Pathway Vet Alliance
  • Anipanion
  • Linkyvet
  • TeleVet
  • Petriage, Inc.
  • TeleTails
  • VetNOW
  • Airvet
  • Pawz Limited
  • Oncura Partners
  • PetPro Connect
  • VETOCLOCK
  • VetCT
  • Other Prominent Players

The Veterinary Digital Technology Market Report Scope

Report Attribute

Specifications

Growth Rate CAGR

CAGR of 21.0 % from 2023 to 2031

Quantitative Units

Representation of revenue in US$ Million and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

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; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; 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.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Veterinary Digital Technology Market Snapshot

Chapter 4. Global Veterinary Digital Technology Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Penetration & Growth Prospect Mapping

4.6. Major Funding/Investment in Veterinary Industry

4.7. Industry Analysis – Porter’s Five Forces Analysis

4.8. Competitive Landscape & Market Share Analysis

4.9. Technology Advancement in Veterinary Digital Technology

4.10. Key Trends in the Market

4.11. Covid-19 Impact on Veterinary Industry

Chapter 5. Market Segmentation 1: Produt Estimates & Trend Analysis

5.1. Service Type & Market Share, 2019 & 2028

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2018 to 2028 for the following Product:

5.2.1. Companion Animal Digital Technology

5.2.1.1. Telemedicine

5.2.1.2. Telehealth

5.2.1.3. Reminder Applications

5.2.1.4. Trackers

5.2.1.5. Wearables

5.2.1.6. Platform Market Places

5.2.2. Livestock/Production Animal Digital Technology

5.2.2.1. Monitoring Devices

5.2.2.2. Identification Devices

5.2.2.3. Trackers

5.2.2.4. Wearables

5.2.2.5. Remote Sensors

5.2.2.6. Digital Cameras

5.2.2.7. Microphones

5.2.2.8. Environmental Sensors

Chapter 6. Veterinary Digital Technology Market Segmentation 2: Regional Estimates & Trend Analysis

6.1. North America

6.1.1. North America Veterinary Digital Technology Market revenue (US$ Million) estimates and forecasts by Product, 2018-2028

6.1.2. North America Veterinary Digital Technology Market revenue (US$ Million) estimates and forecasts by country, 2018-2028

6.1.2.1. U.S.

6.1.2.2. Canada

6.2. Europe

6.2.1. Europe Veterinary Digital Technology Market revenue (US$ Million) by Product, 2018-2028

6.2.2. Europe Veterinary Digital Technology Market revenue (US$ Million) by country, 2018-2028

6.2.2.1. Germany

6.2.2.2. Poland

6.2.2.3. France

6.2.2.4. Italy

6.2.2.5. Spain

6.2.2.6. UK

6.2.2.7. Rest of Europe

6.3. Asia Pacific

6.3.1. Asia Pacific Veterinary Digital Technology Market revenue (US$ Million) by Product, 2018-2028

6.3.2. Asia Pacific Veterinary Digital Technology Market revenue (US$ Million) by country, 2018-2028

6.3.2.1. China

6.3.2.2. India

6.3.2.3. Japan

6.3.2.4. Australia

6.3.2.5. Rest of Asia Pacific

6.4. Latin America

6.4.1. Latin America Veterinary Digital Technology Market revenue (US$ Million) by Product, (US$ Million)

6.4.2. Latin America Veterinary Digital Technology Market revenue (US$ Million) by country, (US$ Million) 2018-2028

6.4.2.1. Brazil

6.4.2.2. Rest of Latin America

6.5. MEA

6.5.1. MEA revenue Veterinary Digital Technology Market revenue (US$ Million) by Product (US$ Million) 2018-2028

6.5.2. MEA revenue Veterinary Digital Technology Market revenue (US$ Million) by country, (US$ Million) 2018-2028

6.5.2.1. South Africa

6.5.2.2. Rest of MEA

Chapter 7. Competitive Landscape

7.1. Major Mergers and Acquisitions/Strategic Alliances

7.2. Company Profiles

7.2.1. Metamorphosis Partners

7.2.2. Advanced Animal Diagnostics, Inc.

7.2.3. Babel Bark, Inc.

7.2.4. SwineTech, Inc.

7.2.5. inulogica

7.2.6. whiskerDocs, LLC

7.2.7. Fuzzy Pet Health

7.2.8. Quantified Ag

7.2.9. Pathway Vet Alliance

7.2.10. Anipanion

7.2.11. Linkyvet

7.2.12. TeleVet

7.2.13. Petriage, Inc.

7.2.14. TeleTails

7.2.15. VetNOW

7.2.16. Airvet inc.

7.2.17. Pawz Limited

7.2.18. Oncura Partners

7.2.19. PetPro Connect

7.2.20. Fuzzy Pet Health

7.2.21. GuardianVets

7.2.22. VETOCLOCK

7.2.23. VetCT

7.2.24. Other Prominent Players

Global Veterinary Digital Technology Market Segmentation

Global Veterinary Digital Technology Market Based on Product

  • Companion Animal Digital Technology
    • Telemedicine
    • Telehealth
    • Reminder Applications
    • Trackers
    • Wearables
    • Platform Market Places
  • Livestock/Production Animal Digital Technology
    • Monitoring Devices
    • Identification Devices
    • Trackers
    • Wearables
    • Remote Sensors
    • Digital Cameras
    • Microphones
    • Environmental Sensors

 Veterinary Digital Technology Market

Global Veterinary Digital Technology Market Based on Region

Europe Veterinary Digital Technology Market by Country

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

North America Veterinary Digital Technology Market by Country

  • U.S.
  • Canada

Asia Pacific Veterinary Digital Technology Market by Country

  • India
  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America Veterinary Digital Technology Market by Country

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa Veterinary Digital Technology Market by Country

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

 

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

Who are the Key Players in the Global Veterinary Digital Technology Market?

The Veterinary Digital Technology Market is expected to grow at a 21.0 % CAGR during the forecast period for 2023-2031.

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