(Companies: Smiths Group plc, Hallowell Engineering & Manufacturing Corporation, DRE Veterinary, Digicare Biomedical Technology Inc. and Midmark Corporation.)
The global veterinary patient monitoring equipment market was valued at about $0.28 billion in 2018. North America’s veterinary patient monitoring equipment market accounts for the largest share in the veterinary patient monitoring market.
The veterinary patient monitoring equipment market consists of the sale of veterinary patient monitoring equipment which is used to monitor animal respiration, blood pressure, and other vital signs. Veterinary patient monitoring equipment is used to monitor the animals to detect diseases at early stages to prevent any risks. The veterinary patient monitoring equipment industry includes companies that manufacture monitoring devices to detect diseases that affect animals.
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The global veterinary patient monitoring equipment market is expected to grow to nearly $0.51 billion at a growth rate of about 16% through 2022. An increase in the prevalence rate of diseases among animals serves as one of the major drivers for the veterinary patient monitoring equipment market. An increase in the incidence of diseases in livestock and companion animals will require monitoring equipment to diagnose the diseases among animals. The increase in prevalence rate of diseases for animals results in increased demand for enhanced veterinary patient monitoring equipment.
Veterinarians and pet or cattle owners are shifting to wearable technology to keep track of the animal behavior. Wearable technologies are smart electronic devices that are worn on the body or integrated into the clothing or accessories and monitor body temperature, behavior, and movement. These wearable monitoring devices provide timely insights regarding the overall health of the animal and help the veterinarian to provide appropriate diagnosis to the animal.
Major players in the market are Smiths Group plc, Hallowell Engineering & Manufacturing Corporation, DRE Veterinary, Digicare Biomedical Technology Inc. and Midmark Corporation.
Smiths Group plc is a British multinational diversified engineering business headquartered in London, United Kingdom. Smiths Medical makes specialty medical devices for infusion therapy, vascular access, and vital care and other specialty products and services.
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Few Points From Table Of Contents:
4. Veterinary Patient Monitoring Equipment Market Segmentation
4.1. Global Veterinary Patient Monitoring Equipment Market, Segmentation By Product, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Cardiac Monitoring Devices
Respiratory Monitoring Devices
Remote Patient Monitoring Devices
Multi-Parameter Monitoring Devices
Neuromonitoring Devices
Others
4.2. Global Veterinary Patient Monitoring Equipment Market, Segmentation By End User, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Veterinary Hospitals
Veterinary Clinics
Veterinary Research Centers
4.3. Global Veterinary Patient Monitoring Equipment Market, Segmentation By Animal, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Small Companion Animals
Large Companion Animals
Wild Animals
Zoo Animals
Aquatic Animals
Exotic Animals
5. Veterinary Patient Monitoring Equipment Market Regional And Country Analysis
5.1. Global Veterinary Patient Monitoring Equipment Market, Split By Region, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
5.2. Global Veterinary Patient Monitoring Equipment Market, Split By Country, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
6. Asia-Pacific Veterinary Patient Monitoring Equipment Market
6.1. Asia-Pacific Veterinary Patient Monitoring Equipment Market Overview
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