Veterinary Telehealth Market Key Players Analysis 2031
The Veterinary Telehealth Market is expected to register a CAGR of 18.5% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented Animal Type (Feline, Canine, Bovine, Swine, Equine, and Others); Service Type (Telemedicine, Teleconsulting, Telemonitoring, and Others)
The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
The report Veterinary Telehealth Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Veterinary Telehealth Market Segmentation
Animal Type- Feline
- Canine
- Bovine
- Swine
- Equine
- Others
- Telemedicine
- Teleconsulting
- Telemonitoring
- Others
Strategic Insights
Veterinary Telehealth Market Growth Drivers- Increasing Pet Ownership and Demand for Veterinary Services: The rise in pet ownership, particularly during the COVID-19 pandemic, has led to an increased demand for veterinary services. Pet owners are seeking more accessible and affordable healthcare options for their animals, driving the adoption of veterinary telehealth. Telemedicine allows veterinary professionals to provide consultations, follow-ups, and treatment advice remotely, making it easier for pet owners to access care.
- Advancements in Telecommunication and Technology: Technological advancements in telecommunication, such as improved internet connectivity, mobile devices, and diagnostic tools, are making veterinary telehealth more feasible and effective. These innovations enable veterinary professionals to conduct remote consultations, diagnose conditions, and provide ongoing care efficiently, contributing to the growth of the market.
- Integration of AI and Machine Learning for Diagnostics: The integration of AI and machine learning into veterinary telehealth is an emerging trend. These technologies assist veterinarians in diagnosing conditions based on data from remote consultations, images, and health monitoring devices. AI-powered tools can analyze pet health data to provide more accurate diagnoses and treatment plans, enhancing the quality of care in remote settings.
- Rise in Preventative Care and Routine Checkups: Veterinary telehealth is increasingly being used for routine checkups and preventative care. Pet owners are seeking regular consultations for vaccinations, wellness checks, and management of chronic conditions. Telehealth offers a convenient and cost-effective solution for these non-emergency services, enabling ongoing health monitoring and early detection of issues without the need for in-person visits.
- Expansion in Rural and Underserved Areas: Veterinary telehealth has significant potential to address the gap in veterinary care in rural and underserved areas. By leveraging telemedicine, pet owners in remote locations can access professional advice and care, reducing travel time and costs. This offers a substantial opportunity to expand veterinary services where access to in-person care is limited.
- Growth in Specialized Veterinary Services: Veterinary telehealth offers the opportunity to provide specialized care for pets, particularly in fields like dermatology, cardiology, and behavioral health. Through remote consultations, pet owners can access expert opinions for complex health issues without the need for referrals or long travel. This trend opens up new markets for veterinarians with niche expertise to expand their reach.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Veterinary Telehealth Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Veterinary Telehealth Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORKHave a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Airvet. GuardianVets ,TeleVet ,TeleTails ,Virtuwoof, LLC
Asia Pacific is estimated to grow at the highest CAGR over the forecast year (2023 - 2031)
North America region accounts for highest revenue share Evening Primrose Oil market
The final report will duly include market size and projection estimates for all the segments from 2021 to 2031, along with a revenue share and compound annual growth rate (%) for the regional
/
country-wise market wherein 2021-2022 are the historic years, 2023 is considered to be the base year, and the forecast will be provided till 2031, along with CAGR (%)
The market is expected to grow at a CAGR of 18.5%
Airvet. GuardianVets ,TeleVet ,TeleTails ,Virtuwoof, LLC
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Veterinary Telehealth Market - By Animal Type
1.3.2 Veterinary Telehealth Market - By Service Type
1.3.3 Veterinary Telehealth Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VETERINARY TELEHEALTH MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. VETERINARY TELEHEALTH MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VETERINARY TELEHEALTH MARKET - GLOBAL MARKET ANALYSIS
6.1. VETERINARY TELEHEALTH - GLOBAL MARKET OVERVIEW
6.2. VETERINARY TELEHEALTH - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. VETERINARY TELEHEALTH MARKET - REVENUE AND FORECASTS TO 2028 - ANIMAL TYPE
7.1. OVERVIEW
7.2. ANIMAL TYPE MARKET FORECASTS AND ANALYSIS
7.3. FELINE
7.3.1. Overview
7.3.2. Feline Market Forecast and Analysis
7.4. CANINE
7.4.1. Overview
7.4.2. Canine Market Forecast and Analysis
7.5. BOVINE
7.5.1. Overview
7.5.2. Bovine Market Forecast and Analysis
7.6. SWINE
7.6.1. Overview
7.6.2. Swine Market Forecast and Analysis
7.7. EQUINE
7.7.1. Overview
7.7.2. Equine Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. VETERINARY TELEHEALTH MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE
8.1. OVERVIEW
8.2. SERVICE TYPE MARKET FORECASTS AND ANALYSIS
8.3. TELEMEDICINE
8.3.1. Overview
8.3.2. Telemedicine Market Forecast and Analysis
8.4. TELECONSULTING
8.4.1. Overview
8.4.2. Teleconsulting Market Forecast and Analysis
8.5. TELEMONITORING
8.5.1. Overview
8.5.2. Telemonitoring Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. VETERINARY TELEHEALTH MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Veterinary Telehealth Market Overview
9.1.2 North America Veterinary Telehealth Market Forecasts and Analysis
9.1.3 North America Veterinary Telehealth Market Forecasts and Analysis - By Animal Type
9.1.4 North America Veterinary Telehealth Market Forecasts and Analysis - By Service Type
9.1.5 North America Veterinary Telehealth Market Forecasts and Analysis - By Countries
9.1.5.1 United States Veterinary Telehealth Market
9.1.5.1.1 United States Veterinary Telehealth Market by Animal Type
9.1.5.1.2 United States Veterinary Telehealth Market by Service Type
9.1.5.2 Canada Veterinary Telehealth Market
9.1.5.2.1 Canada Veterinary Telehealth Market by Animal Type
9.1.5.2.2 Canada Veterinary Telehealth Market by Service Type
9.1.5.3 Mexico Veterinary Telehealth Market
9.1.5.3.1 Mexico Veterinary Telehealth Market by Animal Type
9.1.5.3.2 Mexico Veterinary Telehealth Market by Service Type
9.2. EUROPE
9.2.1 Europe Veterinary Telehealth Market Overview
9.2.2 Europe Veterinary Telehealth Market Forecasts and Analysis
9.2.3 Europe Veterinary Telehealth Market Forecasts and Analysis - By Animal Type
9.2.4 Europe Veterinary Telehealth Market Forecasts and Analysis - By Service Type
9.2.5 Europe Veterinary Telehealth Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Veterinary Telehealth Market
9.2.5.1.1 Germany Veterinary Telehealth Market by Animal Type
9.2.5.1.2 Germany Veterinary Telehealth Market by Service Type
9.2.5.2 France Veterinary Telehealth Market
9.2.5.2.1 France Veterinary Telehealth Market by Animal Type
9.2.5.2.2 France Veterinary Telehealth Market by Service Type
9.2.5.3 Italy Veterinary Telehealth Market
9.2.5.3.1 Italy Veterinary Telehealth Market by Animal Type
9.2.5.3.2 Italy Veterinary Telehealth Market by Service Type
9.2.5.4 Spain Veterinary Telehealth Market
9.2.5.4.1 Spain Veterinary Telehealth Market by Animal Type
9.2.5.4.2 Spain Veterinary Telehealth Market by Service Type
9.2.5.5 United Kingdom Veterinary Telehealth Market
9.2.5.5.1 United Kingdom Veterinary Telehealth Market by Animal Type
9.2.5.5.2 United Kingdom Veterinary Telehealth Market by Service Type
9.2.5.6 Rest of Europe Veterinary Telehealth Market
9.2.5.6.1 Rest of Europe Veterinary Telehealth Market by Animal Type
9.2.5.6.2 Rest of Europe Veterinary Telehealth Market by Service Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Veterinary Telehealth Market Overview
9.3.2 Asia-Pacific Veterinary Telehealth Market Forecasts and Analysis
9.3.3 Asia-Pacific Veterinary Telehealth Market Forecasts and Analysis - By Animal Type
9.3.4 Asia-Pacific Veterinary Telehealth Market Forecasts and Analysis - By Service Type
9.3.5 Asia-Pacific Veterinary Telehealth Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Veterinary Telehealth Market
9.3.5.1.1 Australia Veterinary Telehealth Market by Animal Type
9.3.5.1.2 Australia Veterinary Telehealth Market by Service Type
9.3.5.2 China Veterinary Telehealth Market
9.3.5.2.1 China Veterinary Telehealth Market by Animal Type
9.3.5.2.2 China Veterinary Telehealth Market by Service Type
9.3.5.3 India Veterinary Telehealth Market
9.3.5.3.1 India Veterinary Telehealth Market by Animal Type
9.3.5.3.2 India Veterinary Telehealth Market by Service Type
9.3.5.4 Japan Veterinary Telehealth Market
9.3.5.4.1 Japan Veterinary Telehealth Market by Animal Type
9.3.5.4.2 Japan Veterinary Telehealth Market by Service Type
9.3.5.5 South Korea Veterinary Telehealth Market
9.3.5.5.1 South Korea Veterinary Telehealth Market by Animal Type
9.3.5.5.2 South Korea Veterinary Telehealth Market by Service Type
9.3.5.6 Rest of Asia-Pacific Veterinary Telehealth Market
9.3.5.6.1 Rest of Asia-Pacific Veterinary Telehealth Market by Animal Type
9.3.5.6.2 Rest of Asia-Pacific Veterinary Telehealth Market by Service Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Veterinary Telehealth Market Overview
9.4.2 Middle East and Africa Veterinary Telehealth Market Forecasts and Analysis
9.4.3 Middle East and Africa Veterinary Telehealth Market Forecasts and Analysis - By Animal Type
9.4.4 Middle East and Africa Veterinary Telehealth Market Forecasts and Analysis - By Service Type
9.4.5 Middle East and Africa Veterinary Telehealth Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Veterinary Telehealth Market
9.4.5.1.1 South Africa Veterinary Telehealth Market by Animal Type
9.4.5.1.2 South Africa Veterinary Telehealth Market by Service Type
9.4.5.2 Saudi Arabia Veterinary Telehealth Market
9.4.5.2.1 Saudi Arabia Veterinary Telehealth Market by Animal Type
9.4.5.2.2 Saudi Arabia Veterinary Telehealth Market by Service Type
9.4.5.3 U.A.E Veterinary Telehealth Market
9.4.5.3.1 U.A.E Veterinary Telehealth Market by Animal Type
9.4.5.3.2 U.A.E Veterinary Telehealth Market by Service Type
9.4.5.4 Rest of Middle East and Africa Veterinary Telehealth Market
9.4.5.4.1 Rest of Middle East and Africa Veterinary Telehealth Market by Animal Type
9.4.5.4.2 Rest of Middle East and Africa Veterinary Telehealth Market by Service Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Veterinary Telehealth Market Overview
9.5.2 South and Central America Veterinary Telehealth Market Forecasts and Analysis
9.5.3 South and Central America Veterinary Telehealth Market Forecasts and Analysis - By Animal Type
9.5.4 South and Central America Veterinary Telehealth Market Forecasts and Analysis - By Service Type
9.5.5 South and Central America Veterinary Telehealth Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Veterinary Telehealth Market
9.5.5.1.1 Brazil Veterinary Telehealth Market by Animal Type
9.5.5.1.2 Brazil Veterinary Telehealth Market by Service Type
9.5.5.2 Argentina Veterinary Telehealth Market
9.5.5.2.1 Argentina Veterinary Telehealth Market by Animal Type
9.5.5.2.2 Argentina Veterinary Telehealth Market by Service Type
9.5.5.3 Rest of South and Central America Veterinary Telehealth Market
9.5.5.3.1 Rest of South and Central America Veterinary Telehealth Market by Animal Type
9.5.5.3.2 Rest of South and Central America Veterinary Telehealth Market by Service Type
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL VETERINARY TELEHEALTH MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. VETERINARY TELEHEALTH MARKET, KEY COMPANY PROFILES
12.1. AIRVET
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. GUARDIANVETS
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. TELEVET
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. TELETAILS
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. VITUSVET
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. FIRSTVET
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PETDESK
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. WHISKERS WORLDWIDE, LLC
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. VIRTUWOOF, LLC
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. PETRIAGE INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Airvet.
2. GuardianVets
3. TeleVet
4. TeleTails
5. VitusVet
6. FirstVet
7. PetDesk
8. Whiskers Worldwide, LLC
9. Virtuwoof, LLC
10. Petriage Inc.
11. Petzam
12. Animan Technologies Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.