Market Overview:
The global veterinary monitors market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for animal-derived food products, rising awareness about animal health and hygiene, and growing number of zoonotic diseases. In addition, technological advancements in veterinary monitors are also contributing to the growth of this market. On the basis of type, the global veterinary monitors market is segmented into portable monitors and installed monitors. The portable monitor segment is expected to grow at a higher CAGR than the installed monitor segment during the forecast period. This can be attributed to their low cost and easy portability across different locations. On the basis of application,the global veterinary monitors market is divided into veterinary clinics, research organizations, hospitals, and other applications such as breeding farms and pet shops/stores. The Veterinary clinics segment accounted for majority share of this market in 2017andis projectedto maintain its dominance duringthe forecast period owingto increasing demand for better diagnostic facilitiesfor animals worldwide .
Product Definition:
Veterinary monitors are used to observe and record the vital signs of animals in a veterinary setting. They are an important tool in ensuring the safety and well-being of animals undergoing treatment or surgery.
Portable Monitors:
Portable monitors are electronic devices that display vital signs of a patient in a non-hospital environment. They are used to monitor the health and well-being of companion animals, livestock, and patients. The market for portable monitors is expected to witness significant growth over the forecast period owing to factors such as increasing demand for veterinary healthcare information systems coupled with growing awareness regarding animal health care.
Installed Monitors:
Installed monitors are devices that are either permanently installed in the veterinary hospital or can be temporarily placed there by the veterinarian. Installed monitors provide real-time data regarding vital signs such as temperature, blood pressure, and respiratory rate of animals. The information obtained from these monitors is very helpful for treating diseases and monitoring health trends in animals.
Application Insights:
The installed monitors application segment dominated the global market in 2017. This is attributed to a rise in demand for monitoring devices from pet owners due to increasing concerns regarding animal health and well-being. Furthermore, veterinary clinics are the major end users of these devices as they offer enhanced visibility and improved accuracy while monitoring animals. The portable monitor segment is expected to witness lucrative growth over the forecast period owing to increased awareness among pet owners regarding regular visits with their pets and timely treatment at hospitals or clinics. These devices help reduce waiting time by offering real-time data on animal behavior, body temperature, respiration rate, blood oxygenation level etc.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing demand for veterinary healthcare services, rising pet ownership, and high investment by key players in this region. Moreover, North America has a well-established animal health infrastructure with advanced diagnostic technologies that facilitate rapid diagnosis of diseases in animals. The Asia Pacific is expected to witness lucrative growth over the forecast period owing to improving economic conditions and growing awareness about animal health & welfare standards across emerging countries such as China and India.
Europe accounted for a significant share due to high investments made by governments on R&D activities relatedto veterinary medicine along with other factors such as increase in number of livestock farms.
Growth Factors:
- Increasing demand for animal-derived food products is expected to drive the veterinary monitors market growth.
- Rising awareness about animal health and hygiene is another key factor that is anticipated to fuel the veterinary monitors market growth in the near future.
- Growing number of zoonotic diseases is also projected to boost the demand for veterinary monitors over the forecast period.
- Technological advancements in veterinary monitoring devices are likely to create new opportunities for this market in forthcoming years. 5) The increasing number of pet owners, especially in developed countries, will propel Veterinary Monitors Market growth during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Monitors Market Research Report
By Type
Portable Monitors, Installed Monitors
By Application
Veterinary Clinic, Research Organization, Hospital, Other
By Companies
VetTRENDS, Patterson Vet Supply, Smiths Medical, Digicare Biomedical, ALLVETCO, Bionet America, Nonin, Midmark, Advanced Monitors Corporation, SunTech Medical, EdanUSA, Contec, VETLAND MEDICAL, Shenzhen Mindray Bio-Medical Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Monitors Market Report Segments:
The global Veterinary Monitors market is segmented on the basis of:
Types
Portable Monitors, Installed Monitors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Veterinary Clinic, Research Organization, Hospital, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- VetTRENDS
- Patterson Vet Supply
- Smiths Medical
- Digicare Biomedical
- ALLVETCO
- Bionet America
- Nonin
- Midmark
- Advanced Monitors Corporation
- SunTech Medical
- EdanUSA
- Contec
- VETLAND MEDICAL
- Shenzhen Mindray Bio-Medical Electronics
Highlights of The Veterinary Monitors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Monitors
- Installed Monitors
- By Application:
- Veterinary Clinic
- Research Organization
- Hospital
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Veterinary Monitors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Veterinary monitors are electronic devices that veterinarians use to diagnose and monitor the health of their patients. Veterinary monitors can be used to detect a wide variety of diseases and conditions in animals, including heart disease, cancer, diabetes, and more.
Some of the major companies in the veterinary monitors market are VetTRENDS, Patterson Vet Supply, Smiths Medical, Digicare Biomedical, ALLVETCO, Bionet America, Nonin, Midmark, Advanced Monitors Corporation, SunTech Medical, EdanUSA, Contec, VETLAND MEDICAL, Shenzhen Mindray Bio-Medical Electronics.
The veterinary monitors market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Veterinary Monitors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Veterinary Monitors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Veterinary Monitors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Veterinary Monitors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Veterinary Monitors Market Size & Forecast, 2020-2028 4.5.1 Veterinary Monitors Market Size and Y-o-Y Growth 4.5.2 Veterinary Monitors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Portable Monitors
5.2.2 Installed Monitors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Veterinary Clinic
6.2.2 Research Organization
6.2.3 Hospital
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veterinary Monitors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Veterinary Monitors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Portable Monitors
9.6.2 Installed Monitors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Veterinary Clinic
9.10.2 Research Organization
9.10.3 Hospital
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Portable Monitors
10.6.2 Installed Monitors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Veterinary Clinic
10.10.2 Research Organization
10.10.3 Hospital
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Portable Monitors
11.6.2 Installed Monitors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Veterinary Clinic
11.10.2 Research Organization
11.10.3 Hospital
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Portable Monitors
12.6.2 Installed Monitors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Veterinary Clinic
12.10.2 Research Organization
12.10.3 Hospital
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Portable Monitors
13.6.2 Installed Monitors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Veterinary Clinic
13.10.2 Research Organization
13.10.3 Hospital
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Veterinary Monitors Market: Competitive Dashboard
14.2 Global Veterinary Monitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VetTRENDS
14.3.2 Patterson Vet Supply
14.3.3 Smiths Medical
14.3.4 Digicare Biomedical
14.3.5 ALLVETCO
14.3.6 Bionet America
14.3.7 Nonin
14.3.8 Midmark
14.3.9 Advanced Monitors Corporation
14.3.10 SunTech Medical
14.3.11 EdanUSA
14.3.12 Contec
14.3.13 VETLAND MEDICAL
14.3.14 Shenzhen Mindray Bio-Medical Electronics