|
Forecast Period
|
2026-2030
|
|
Market Size (2024)
|
USD 423.03 Million
|
|
Market Size (2030)
|
USD 658.18 Million
|
|
CAGR (2025-2030)
|
7.62%
|
|
Fastest Growing Segment
|
Neurology
|
|
Largest Market
|
North America
|
Market Overview
Global Veterinary Telemetry Systems
Market was valued at USD 423.03 Million in 2024 and is expected to reach USD 658.18
Million in the forecast period with a CAGR of 7.62% through 2030. The global
veterinary telemetry systems market is experiencing significant growth due to
advancements in technology and the rising demand for improved animal health
monitoring solutions. Veterinary telemetry systems enable real-time monitoring
of vital parameters such as heart rate, temperature, and respiratory rate in
animals, making them an indispensable tool for veterinarians and pet owners.
The increasing adoption of companion animals and livestock, coupled with the
growing focus on animal welfare, has created a robust demand for these systems.
Furthermore, the integration of wireless and wearable telemetry devices has
simplified the process of continuous monitoring, which enhances diagnostic
efficiency and treatment outcomes.
The market is being propelled by various
growth drivers, including the increasing prevalence of chronic conditions in
animals, such as cardiac and respiratory disorders, that require regular
monitoring. Technological advancements in telemetry systems, such as the
incorporation of IoT and AI, are also driving market expansion by enabling
precise and efficient data analysis. Key trends shaping the market include the
rising popularity of portable and wearable telemetry devices, which offer
convenience and mobility, and the growing application of telemetry systems in
veterinary research and clinical trials. The adoption of advanced monitoring
solutions by veterinary clinics and hospitals is further bolstering market
growth.
Challenges such as the high cost of
advanced telemetry systems and the need for skilled professionals to operate
these devices may hinder market expansion to some extent. Limited awareness
among pet owners in certain regions about the benefits of veterinary telemetry
systems also poses a barrier to adoption. However, the market presents
lucrative opportunities, driven by the increasing inclination toward pet
insurance and the development of cost-effective telemetry solutions. The
emphasis on integrating cloud-based platforms for storing and analyzing
telemetry data is expected to open new avenues for market players, enabling
them to address existing challenges and cater to evolving consumer needs
effectively.
Key Market Drivers
Growth
in Livestock Farming and Dairy Industry
The growth in livestock farming and the dairy industry
significantly influences the demand for veterinary telemetry systems. As global
populations increase, the need for animal-based products such as meat, milk,
and eggs has risen substantially. In India, for instance, milk production
has surged from 187.30 million tonnes in 2018-19 to 230.58 million tonnes in
2022-23, reflecting a 22.81% growth over the past five years. This
expansion has led to larger-scale operations with more animals to monitor,
creating a need for advanced telemetry systems capable of providing real-time
health data for multiple animals simultaneously.
Telemetry systems offer precise monitoring of vital
signs like heart rate, respiratory rate, and temperature, enabling early
detection of health issues before they become widespread problems. This
capability is particularly crucial in large-scale farming, where a disease
outbreak or health issue in one animal can quickly spread across an entire
herd, causing significant economic losses. With the help of telemetry systems,
farmers can proactively manage the health of their livestock, ensuring better
outcomes and more efficient production processes.
In the dairy industry, where milk production is
heavily dependent on the health and well-being of the animals, the use of
veterinary telemetry systems has become indispensable. Continuous monitoring of
cows' vital signs helps identify early signs of diseases like mastitis,
respiratory infections, or metabolic disorders, all of which can severely
impact milk production. By integrating telemetry systems into their operations,
dairy farmers can minimize downtimes, reduce veterinary costs, and ensure
consistent milk yield, further driving the adoption of these systems in the
livestock sector. As the demand for more efficient, data-driven farming
practices grows, veterinary telemetry systems will continue to play a key role
in shaping the future of livestock and dairy farming.
Rising
Prevalence of Chronic and Zoonotic Diseases in Animals
The rising prevalence of chronic and zoonotic diseases
in animals significantly drives the global veterinary telemetry systems market.
Chronic conditions such as heart disease, diabetes, and respiratory issues are
increasingly common in both companion animals and livestock. These diseases
necessitate continuous monitoring for effective management, making veterinary
telemetry systems essential for early detection and ongoing care. Real-time
tracking of vital signs—such as heart rate, respiratory rate, and temperature—enables
veterinarians to promptly adjust treatment protocols and monitor recovery or
disease progression. This continuous monitoring reduces the need for frequent
in-clinic visits, offering a more convenient and efficient method of managing
long-term health conditions.
Zoonotic diseases, which are transmitted from animals
to humans, are also on the rise due to factors like increased global travel,
urbanization, and the expansion of livestock farming. These diseases pose
significant public health risks, prompting governments and health organizations
to implement stricter monitoring measures for animals, especially in
agriculture and veterinary settings. Veterinary telemetry systems play a vital
role in the early detection of such diseases, allowing for remote and real-time
monitoring of animal health. This capability is crucial in preventing outbreaks
and minimizing the spread of zoonotic infections. For instance, the
Centers for Disease Control and Prevention (CDC) reports that more than 6 out
of every 10 infectious diseases in humans are spread from animals, and 3 out of
every 4 new or emerging infectious diseases come from animals.
The increasing awareness of the need for vigilant
animal health monitoring drives demand for advanced telemetry solutions in
veterinary care. As the importance of preventing zoonotic diseases becomes more
recognized, veterinary practices are increasingly adopting telemetry systems to
track animal health more efficiently and reduce the risk of transmission to
humans. This growing awareness and the need for effective disease management
are key factors propelling the adoption of veterinary telemetry systems.
Increasing
Focus on Animal Welfare and Preventive Care
The increasing focus on animal welfare
and preventive care is a significant driver for the growth of the global
veterinary telemetry systems market. As awareness about the importance of
animal well-being continues to rise, both pet owners and livestock managers are
prioritizing regular health monitoring to ensure early detection of potential
health issues. Preventive care not only improves the quality of life for
animals but also reduces long-term healthcare costs by addressing issues before
they become severe. Veterinary telemetry systems play a critical role in this
shift by providing continuous, real-time monitoring of vital signs such as
heart rate, temperature, and respiratory rate, enabling veterinarians to detect
abnormalities at the earliest stage.
In India, the pet population has
exceeded 20 million, driven by changing family structures, evolving lifestyles,
and a growing awareness of pet health and wellness. Despite this increase, more
than 70% of pets in India do not receive regular veterinary care, and only 10%
receive preventive healthcare, such as vaccinations, deworming, and regular
check-ups.
This lack of access to pet healthcare services can have severe consequences for
pets and their owners.
To address these challenges, the Indian
government has been investing in veterinary infrastructure. In the
financial year 2023, the actual expenditure on the Livestock Health &
Disease Control (LH&DC) program in India was approximately 8.05 billion
Indian rupees. The LH&DC program aims to mitigate risks to animal
health through prophylactic vaccination against animal diseases, capacity
building for veterinary services, disease surveillance, and the strengthening
of veterinary infrastructure.
The demand for preventive care is also
fueled by the growing awareness of the economic benefits of maintaining healthy
animals, especially in industries like livestock farming. In Uttar
Pradesh, the government has established Animal Birth Control (ABC) centers in
11 urban local bodies, sterilizing over 2.16 lakh dogs to prevent the spread of
diseases and reduce the stray dog population.
For companion animals, owners are
becoming more proactive, seeking tools to track their pets' health and detect
any signs of illness before they become serious. A survey by Supertails,
a tech-enabled pet-care start-up, found that 50% of Indian pet parents are
inclined towards adopting online veterinary consultations due to the
convenience and accessibility they offer.
As more veterinary practices embrace
preventive care strategies, the demand for advanced monitoring tools like
telemetry systems is expected to rise. The ability to offer continuous
monitoring, along with the growing integration of AI and data analytics,
enables a more personalized and effective approach to animal health, driving
further adoption and innovation in the market. This shift is creating a
sustainable, long-term growth trajectory for veterinary telemetry systems,
positioning them as an essential tool in modern veterinary practices.
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Key Market Challenges
High
Cost of Telemetry Systems and Devices
The high cost of telemetry systems and devices is one
of the most significant challenges facing the Global Veterinary Telemetry
Systems Market. These advanced monitoring systems often require substantial
investments, which can be a barrier for small veterinary clinics, rural
practices, and pet owners in underserved regions. The price of veterinary
telemetry systems is influenced by the complexity of the technology, such as
the inclusion of real-time data transmission, wireless connectivity, and
sophisticated sensors that monitor various vital signs. These features, while
enhancing the accuracy and functionality of the systems, contribute to their
higher price point. For smaller veterinary practices, particularly those with
limited financial resources, the initial investment required to purchase and
implement these systems can be prohibitive.
In addition to the upfront cost, the maintenance and
operational expenses associated with telemetry systems can also add financial
strain. Regular calibration, software updates, and potential repairs require
continued investment, making it difficult for smaller clinics or practices with
limited budgets to keep the systems functioning at optimal levels. The ongoing
costs for training staff to effectively use these devices and interpret the
collected data further exacerbate the financial burden.
As a result, many veterinary professionals in
cost-sensitive markets may opt for more affordable, traditional diagnostic
methods rather than investing in cutting-edge telemetry systems. This trend
could slow the market's growth, especially in developing regions where access
to veterinary care and funding for advanced technologies may be limited. To
drive broader adoption, addressing the cost issue through the development of
more affordable, yet equally effective telemetry solutions is essential for
unlocking the full potential of these systems in the veterinary healthcare
sector.
Data
Security and Privacy Concerns
Data security and privacy concerns represent a significant
challenge for the Global Veterinary Telemetry Systems Market, particularly with
the increasing adoption of cloud-based platforms and internet-connected
devices. These systems collect and transmit sensitive data about animals'
health, including vital signs and diagnostic results, which can be vulnerable
to unauthorized access, hacking, or data breaches. As more veterinary practices
and pet owners turn to remote monitoring solutions, the need to safeguard this
data becomes critical, especially as regulations around data privacy become
more stringent. In many countries, there are strict data protection laws that
govern how personal data, including health information, should be handled,
stored, and shared. Veterinary practices using telemetry systems must ensure
compliance with these laws to avoid potential legal and financial
repercussions.
The complexity of securing vast amounts of data
generated by telemetry systems is another concern. With real-time data
transmission from various devices, there are multiple touchpoints where
vulnerabilities could emerge, including during data storage, transmission, and
processing. Protecting data from potential breaches requires continuous
monitoring, encryption, and secure access controls. However, smaller veterinary
clinics, which are more likely to adopt telemetry systems due to cost and
convenience, may lack the necessary resources and expertise to implement robust
cybersecurity measures.
Inadequate data security can undermine user trust and
slow the adoption of telemetry systems. If veterinarians and pet owners are
unsure about the safety of their data, they may hesitate to adopt these
technologies. Therefore, addressing data security and privacy concerns through
enhanced encryption technologies, secure cloud platforms, and clear
communication about data protection measures is vital for the growth of the
veterinary telemetry systems market.
Key Market Trends
Rising
Adoption of Wearable Telemetry Devices
The rising adoption of wearable telemetry devices in
the global veterinary telemetry systems market is transforming how animal
health is monitored. Wearable devices, including collars, harnesses, and even
implantable sensors, are becoming increasingly popular for tracking a range of
vital signs such as heart rate, temperature, respiratory rate, and activity
levels. These devices offer a convenient, non-invasive way to continuously
monitor an animal’s health, whether they are pets or livestock. With technological
advancements, these wearable devices have become more compact, comfortable, and
adaptable, allowing them to cater to a wide range of animal species and
settings.
Pet owners and veterinarians are gravitating toward
these wearable solutions due to their ability to provide real-time data and
enable immediate intervention when necessary. For instance, collars equipped
with telemetry sensors can monitor a pet’s health metrics 24/7 and send alerts
if any abnormalities are detected. For livestock, wearable devices can detect
early signs of illness or distress, preventing the spread of diseases and
reducing the need for frequent, disruptive physical exams.
The increased mobility and flexibility offered by
wearable telemetry devices are also driving their popularity in veterinary
practices. Unlike traditional equipment that requires animals to be confined to
a specific location, these devices allow for continuous monitoring in any
environment, such as during outdoor activities or while roaming on farms. This
trend is aligned with the broader shift toward more personalized, real-time
healthcare for animals, reflecting a growing interest in preventive care. As
these devices become more affordable and user-friendly, their adoption is
expected to continue rising, further shaping the future of veterinary care.
Focus
on Real-Time Data and Cloud-Based Platforms
The focus on real-time data and cloud-based platforms
is one of the key trends shaping the global veterinary telemetry systems
market. As animal healthcare becomes increasingly data-driven, the need for
immediate, accurate insights is paramount. Telemetry systems that provide
real-time monitoring enable veterinarians to track an animal’s vital signs
continuously, ensuring quick detection of potential health issues. This instant
data transmission is particularly beneficial in critical care situations, where
timely interventions can significantly improve outcomes.
Cloud-based platforms have emerged as a powerful tool
for storing and analyzing telemetry data. These platforms allow veterinarians
and pet owners to access health data from anywhere at any time, fostering
greater flexibility and convenience. With cloud storage, large volumes of data
generated by telemetry systems can be securely archived and easily retrieved
for analysis, improving long-term health monitoring and decision-making.
Cloud-based solutions also facilitate the integration of various diagnostic tools,
enabling a comprehensive view of an animal's health.
The integration of cloud-based platforms with
telemetry systems enhances collaboration among veterinary professionals. Data
collected from various sources can be aggregated in one central location,
making it easier for veterinarians to consult with colleagues or specialists
remotely. This trend is also pushing the adoption of telemedicine in veterinary
care, where cloud platforms provide the infrastructure to conduct remote
consultations based on real-time data. Additionally, cloud-based analytics
powered by artificial intelligence can offer predictive insights, helping to
identify health risks before they manifest as critical conditions.
As these technologies become more sophisticated, they
are improving the accuracy, efficiency, and accessibility of veterinary care,
driving the growth of the veterinary telemetry systems market.
Segmental Insights
Animal
Type Insights
Based
on the Animal Type, Small Animals emerged as the dominant segment in
the Global Veterinary Telemetry Systems Market in 2024. This is due
to the increasing focus on companion animal health. Pet ownership has been
rising globally, driven by growing emotional connections between pets and
owners, leading to greater investment in pet healthcare. Pet owners are
becoming more proactive in managing their pets' health, preferring advanced
technologies like veterinary telemetry systems for continuous monitoring and
early detection of potential health issues. These systems help track vital
signs, such as heart rate, temperature, and respiratory rate, providing
real-time data to veterinarians and enhancing treatment accuracy. The demand
for small animal monitoring devices is also fueled by the increasing prevalence
of chronic conditions such as obesity, diabetes, and heart disease in pets.
These conditions require regular monitoring, making veterinary telemetry
systems an essential tool for managing long-term health. Additionally, the
growth of pet insurance markets has contributed to a more widespread adoption
of advanced healthcare solutions, including telemetry devices. As the small
animal segment sees a higher adoption rate of technological advancements in
healthcare, it continues to dominate the market, with a strong demand for
non-invasive, user-friendly monitoring devices tailored to pets' unique needs.
Product
Insights
Based on the Product, Vital Signs
Monitors emerged as the dominant segment in the Global Veterinary Telemetry Systems
Market in 2024. This is due to their critical role in
assessing and managing the health of animals across a variety of settings.
These monitors provide real-time data on essential parameters such as heart
rate, respiratory rate, blood pressure, and temperature, enabling veterinarians
to detect abnormalities and intervene early in critical situations. The rising
prevalence of chronic diseases, such as cardiovascular and respiratory
conditions, in both companion animals and livestock has increased the need for
continuous monitoring of vital signs to ensure timely and effective care. The
demand for vital signs monitors is also driven by advancements in technology,
which have made these devices more accurate, portable, and user-friendly. With
the integration of wireless communication, veterinarians can now access data
remotely, improving efficiency and allowing for quicker decision-making,
especially in emergency situations. Moreover, the growing focus on preventive
care and the increasing adoption of telemedicine in veterinary practices have
further enhanced the demand for vital signs monitoring solutions. These devices
provide essential insights into an animal's health, making them indispensable
for both routine check-ups and critical care, thus solidifying their position
as the dominant product segment in the market.
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Regional Insights
North America emerged
as the dominant region in the Global Veterinary Telemetry Systems Market in 2024. This is due to a combination of factors,
including advanced healthcare infrastructure, high pet ownership rates, and a
growing emphasis on animal welfare. The United States and Canada have some of
the highest levels of pet ownership globally, leading to a significant demand
for veterinary care solutions, including telemetry systems. Pet owners in these
regions are increasingly prioritizing preventive healthcare, with a growing
awareness of the importance of monitoring pets’ vital signs to ensure early
detection of health issues. This trend is driving the adoption of advanced
veterinary technologies, including real-time monitoring devices. North
America's well-established veterinary healthcare infrastructure, coupled with
the presence of key market players and continuous innovations in telemetry
systems, further fuels the market growth. The region's adoption of telemedicine
in veterinary practices is also a contributing factor, as telemetry systems are
integral to enabling remote diagnostics and monitoring. Furthermore, government
regulations and support for animal welfare initiatives are promoting the
integration of advanced diagnostic and monitoring technologies in veterinary
practices.
Recent Developments
- In August 2024, Zomedica Corp. introduced advanced
audio capabilities to its VETGuardian Zero-Touch Remote Vital Signs Monitoring
System. This enhancement facilitates live audio monitoring and recording,
enabling the detection of subtle behavioral changes in animals and elevating
the standard of veterinary care.
- In May 2024, Bionet America Inc.
launched the Brio XVet series, a state-of-the-art range of multiparameter
monitors tailored for veterinary surgery. The series includes three models—Brio
X3Vet, X5Vet, and X7Vet, distinguished by their lightweight construction and
sleek design. Engineered to enhance efficiency, precision, and safety, the Brio
XVet series establishes a new benchmark in veterinary surgical monitoring
solutions.
- In April 2024, Aiforia Technologies Plc entered into
an agreement with a leading U.S.-based veterinary company to provide AI-powered
image analysis for animal sample diagnostics.
- In January 2024, SunTech unveiled the Vet40,
multifunctional surgical vital signs monitor designed for companion animals.
The Vet40 offers non-invasive monitoring of blood pressure, temperature, SpO2,
ECG, and optional ETCO2 and respiratory rate, combined with features like data
storage, a touchscreen interface, and connectivity options, ensuring precise
monitoring in examination and surgical settings.
- In January 2023, Zomedica Corp.
partnered with Structured Monitoring Products Inc. (SMP) to commercialize the
VetGuardian zero-touch remote vital signs monitoring system, designed to
support veterinary professionals with advanced diagnostic capabilities.
Key Market Players
- Avante
Animal Health
- Medtronic
plc
- Shenzhen
Mindray Animal Medical Technology Co., LTD.
- Nonin
Medical, Inc.
- Masimo
Corporation
- Dextronix,
Inc.
- Digicare
Biomedical Technology
- Midmark
Corporation
- BioNet,
Inc.
- ICU
Medical, Inc.
|
By Product
|
By Animal Type
|
By Mobility
|
By Application
|
By End User
|
By Region
|
- Vital Signs Monitors
- ECG/EKG Monitors
- Wearables
- Anesthesia Machines
- Accessories
- Others
|
- Small Animals
- Large Animals
|
- Portable
- Floor Standing
- Compact/ tabletop
|
- Respiratory
- Cardiology
- Neurology
- Others
|
- Veterinary Hospitals/Clinics
- Others
|
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
|
Report Scope:
In this report, the Global Veterinary
Telemetry Systems Market has been segmented into the following categories, in
addition to the industry trends which have also been detailed below:
- Veterinary
Telemetry Systems Market, By Product:
o
Vital
Signs Monitors
o
ECG/EKG
Monitors
o
Wearables
o
Anesthesia
Machines
o
Accessories
o
Others
- Veterinary
Telemetry Systems Market, By Animal Type:
o
Small
Animals
o
Large
Animals
- Veterinary
Telemetry Systems Market, By Mobility:
o
Portable
o
Floor
Standing
o
Compact/
tabletop
- Veterinary
Telemetry Systems Market, By Application:
o
Respiratory
o
Cardiology
o
Neurology
o
Others
- Veterinary
Telemetry Systems Market, By End User:
o
Veterinary
Hospitals/Clinics
o
Others
- Veterinary
Telemetry Systems Market, By Region:
o
North
America
§
United
States
§
Canada
§
Mexico
o
Europe
§
France
§
United
Kingdom
§
Italy
§
Germany
§
Spain
o
Asia-Pacific
§
China
§
India
§
Japan
§
Australia
§
South
Korea
o
South
America
§
Brazil
§
Argentina
§
Colombia
o
Middle
East & Africa
§
South
Africa
§
Saudi
Arabia
§
UAE
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the Global Veterinary Telemetry
Systems Market.
Available Customizations:
Global Veterinary Telemetry Systems Market report with the given market data,
TechSci Research offers customizations according to a company's specific needs.
The following customization options are available for the report:
Company Information
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five).
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