by The global veterinary telehealth market size was valued at USD 100.6 million in 2020, and is predicted to be worth around USD 540.8 million by 2030, registering a CAGR of 16.3% during the forecast period 2022 to 2030.
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Growth Factors
An increase in the adoption of telehealth services among pet owners coupled with the rising prevalence of animal diseases is a key contributor to market growth.
The growing adoption of these management systems can be attributed to the steady growth in the focus on veterinary telehealth along with disease detection. Furthermore, the prevalence of zoonotic and chronic diseases in animals and the rising adoption of IoT & AI by pet parents are some of the major drivers for the market. The increasing prevalence of diseases such as diabetes, kidney diseases, spinal disc problems, and blood pressure-related issues is further fueling the market.
There is increased adoption of IoT and AI by farmers and pet parents. This can be attributed to the increase in internet penetration and user-friendly animal healthcare websites or apps. Such factors are anticipated to increase the demand for veterinary telehealth over the forecast period. In addition, increasing cases of zoonotic diseases coupled with the concern of owners about their animal health is also propelling the market.
Report Coverage
| Report Scope | Details |
| Market Size | US$ 540.8 million by 2030 |
| Growth Rate | CAGR of 16.3% From 2022 to 2030 |
| Largest Market | North America |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Animal type, Service type |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Airvet; Activ4Pets; BabelBark,Inc.; GuardianVets; PetDesk; Petzam; TeleTails; Televet; Vetster, Inc.; VitusVet; Whiskers Worldwide, LLC; Virtuwoof, LLC; FirstVet; PawSquad; Petriage Inc. |
By Animal Type Analysis
The other animal segment accounted for the largest revenue share of around 27.16% in 2021. The others segment comprises poultry, sheep and goats, etc. High consumption of poultry and cattle products on a daily basis is a major factor contributing to the growth of this segment.
The canine segment is anticipated to be the fastest-growing segment over the forecast period. The dominant share captured by the segment is a consequence of increasing animal healthcare spending, specifically in developed nations.
By Service Type Analysis
The teleconsulting segment held the majority of the revenue share of 29.08% in 2021. The segment growth is attributed to the rising usage among veterinarians to seek consultation from the veterinary specialist via telehealth tools to gain advice & insights regarding the care of the animal.
Based on the service type, the market is also segmented into telemedicine, telemonitoring &others. Telemedicine is anticipated to be the fastest-growing segment over the forecast period due to the increased internet penetration.
By Regional Analysis
North America dominated the market for veterinary telehealth and accounted for the largest revenue share of 37.0% in 2021. The market growth can be attributed to various factors such as the presence of key players in the region and high investment in animal health care expenditure.
In Asia Pacific, the market for veterinary telehealth is predicted to witness a CAGR of 18.7% over the forecast period due to the constant up-gradation of the healthcare infrastructure.
Key Players
- Airvet
- Activ4Pets
- BabelBark, Inc.
- GuardianVets
- PetDesk, Petzam
- TeleTails
- Televet
- Vetster, Inc.
- VitusVet
- Whiskers Worldwide, LLC
- Virtuwoof, LLC
- FirstVet
- PawSquad
- Petriage Inc.
Market Segmentation
- By Animal Type
- Canine
- Feline
- Equine
- Bovine
- Swine
- Others
- By Service Type
- Telemedicine
- Teleconsulting
- Telemonitoring
- Others
- Regional
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Asia Pacific
- Japan
- China
- India
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- North America
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Veterinary Telehealth Market, By Animal Type
7.1. Veterinary Telehealth Market, by Animal Type, 2021-2030
7.1.1. Canine
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Feline
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Equine
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Bovine
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Swine
7.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Veterinary Telehealth Market, By Service Type
8.1. Veterinary Telehealth Market, by Service Type, 2021-2030
8.1.1. Telemedicine
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Teleconsulting
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Telemonitoring
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Veterinary Telehealth Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.1.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.1.3.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.1.4.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.2.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.2.3.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.2.4.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.2.5.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.2.6.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.3.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.3.3.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.3.4.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.3.5.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.3.6.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.4.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.4.3.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.4.4.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.4.5.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.4.6.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.5.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.5.3.2. Market Revenue and Forecast, by Service Type (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Animal Type (2017-2030)
9.5.4.2. Market Revenue and Forecast, by Service Type (2017-2030)
Chapter 10. Company Profiles
10.1. Airvet
10.1.1. Company Overview
10.1.2. Animal Type Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Activ4Pets
10.2.1. Company Overview
10.2.2. Animal Type Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. BabelBark, Inc.
10.3.1. Company Overview
10.3.2. Animal Type Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. GuardianVets
10.4.1. Company Overview
10.4.2. Animal Type Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. PetDesk, Petzam
10.5.1. Company Overview
10.5.2. Animal Type Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. TeleTails
10.6.1. Company Overview
10.6.2. Animal Type Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Televet
10.7.1. Company Overview
10.7.2. Animal Type Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Vetster, Inc.
10.8.1. Company Overview
10.8.2. Animal Type Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. VitusVet
10.9.1. Company Overview
10.9.2. Animal Type Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Whiskers Worldwide, LLC
10.10.1. Company Overview
10.10.2. Animal Type Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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