Download Sample
Add to CartGlobal Veterinary Monitoring Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Vital Signs Monitor, Anesthesia Monitor, and ECG MonitorBy Animal Type;
Small Companion Animals - Dogs & Cats, Large Animals - Equines & OthersBy Target Area;
Cardiology, Respiratory, Neurology, and OthersBy End User;
Veterinary Clinics & Diagnostic Centers, Veterinary Hospitals, and Research InstitutesBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Veterinary Monitoring Equipment Market Overview
Veterinary Monitoring Equipment Market (USD Million)
Veterinary Monitoring Equipment Market was valued at USD 525.03 million in the year 2024. The size of this market is expected to increase to USD 1,023.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.
Global Veterinary Monitoring Equipment Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 10.0 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 10.0 % |
| Market Size (2024) | USD 525.03 Million |
| Market Size (2031) | USD 1,023.13 Million |
| Market Concentration | Medium |
| Report Pages | 368 |
Major Players
- Dre Veterinary
- Smiths Group Plc
- Digicare Biomedical Technology
- Midmark Corporation
- Covetrus, Inc.
- Medtronic Plc
- Bionet America, Inc.
- Sonoscape Medical Corporation
- Hallowell Emc
- Minxray, Inc.
- Hallmarq Veterinary Imaging Ltd.
- Esaote S.P.A
- Agfa-Gevaert N.V.
- Nonin Medical Inc.
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Other Major Companies
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Veterinary Monitoring Equipment Market
Fragmented - Highly competitive market without dominant players
The Veterinary Monitoring Equipment Market is experiencing robust growth, driven by the rising adoption of advanced diagnostic tools. This surge is largely supported by increased awareness regarding animal health and the expanding population of companion animals. Currently, around 65% of veterinary practices employ advanced monitoring systems to ensure precise diagnostics and effective treatment strategies.
Technological Advancements Transforming Veterinary Diagnostics
Recent innovations in veterinary monitoring equipment have significantly upgraded diagnostic capabilities. Modern devices now feature wireless connectivity and real-time data analysis, enhancing clinical efficiency. Notably, over 70% of these systems utilize AI-powered analytics, providing precise health assessments and supporting faster clinical decisions, thereby improving patient outcomes.
Rising Pet Ownership Driving Market Growth
The steady increase in pet ownership has significantly boosted the demand for comprehensive health monitoring solutions. Approximately 60% of pet owners now prioritize preventive care, contributing to the growing use of advanced veterinary equipment. This trend is further reinforced by the rising adoption of pet insurance, which covers complex diagnostic procedures, ensuring better treatment experiences.
Preventive Healthcare as a Key Growth Driver
The focus on preventive healthcare within the veterinary sector is playing a pivotal role in expanding the market. Over 55% of veterinarians now advocate for regular health check-ups, emphasizing the importance of early disease detection. This proactive approach not only extends animal lifespan but also reduces overall healthcare costs, making preventive monitoring an essential part of modern veterinary care.
Veterinary Monitoring Equipment Market Recent Developments
-
In 2023, Mella Pet Care partnered with PetHub, Inc. to integrate pet health data, streamlining veterinary monitoring and enhancing personalized animal care.
-
In October 2022, Darvall introduced a new range of advanced anesthesia monitoring equipment, enhancing veterinary surgical procedures with improved patient safety and monitoring capabilities.
Veterinary Monitoring Equipment Market Segment Analysis
In this report, the veterinary monitoring equipment market has been segmented by Type, Animal Type, Target Area, End User and geography.
Veterinary Monitoring Equipment Market, Segmentation by Type
The Veterinary Monitoring Equipment Market has been segmented by Type into Vital Signs Monitor, Anesthesia Monitor, and ECG Monitor.
Vital Signs Monitor
Vital signs monitors are essential tools in veterinary care, enabling the continuous tracking of critical parameters such as heart rate, respiratory rate, temperature, and blood pressure. These devices are widely utilized in both clinical and remote settings, providing veterinarians with real-time data to ensure accurate diagnoses and effective treatment plans. In 2024, the segment dominated the market with a share of 40.0%, underscoring their high importance in animal health monitoring.
Anesthesia Monitor
Anesthesia monitors play a crucial role during surgical procedures, offering real-time insights into an animal's physiological status to ensure safe and effective anesthesia administration. These monitors track parameters such as oxygen saturation, carbon dioxide levels, and blood pressure, aiding in the prevention of anesthesia-related complications. In 2023, the complete anesthesia machines segment accounted for a share of 32.7%, reflecting their comprehensive nature and efficiency in delivering controlled anesthesia.
ECG Monitor
ECG monitors are vital for assessing cardiac health, detecting arrhythmias, and monitoring heart conditions in animals. These devices are indispensable in diagnosing cardiovascular issues and are increasingly adopted in veterinary practices. In 2024, the ECG systems segment held a significant share of around 79%, highlighting their prominence as primary diagnostic tools for measuring heart rate and detecting electrical abnormalities in animal hearts.
Veterinary Monitoring Equipment Market, Segmentation by Animal Type
The Veterinary Monitoring Equipment Market has been segmented by Animal Type into Small Companion Animals - Dogs & Cats, Large Animals - Equines & Other Large Animals.
Small Companion Animals
The small companion animals segment, encompassing dogs and cats, holds a significant share in the veterinary monitoring equipment market. This dominance is attributed to the rising pet adoption rates and increased pet healthcare expenditure. Owners are increasingly investing in advanced monitoring devices to ensure the well-being of their pets, leading to a surge in demand for equipment like vital signs monitors and ECG monitors.
Large Animals
The large animals segment, including equines and other sizable livestock, is experiencing steady growth in the veterinary monitoring equipment market. This growth is driven by the expanding livestock industry and the need for regular health assessments to ensure optimal productivity. Equipment such as anesthesia monitors and multi-parameter monitors are increasingly utilized to monitor the health of these animals during surgical procedures and routine check-ups.
Veterinary Monitoring Equipment Market, Segmentation by Target Area
The Veterinary Monitoring Equipment Market has been segmented by Target Area into Cardiology, Respiratory, Neurology, and Other Target Areas.
Cardiology
Cardiology monitoring is a critical component of veterinary healthcare, focusing on the assessment of heart health in animals. The increasing prevalence of cardiac disorders among companion animals, particularly dogs, has led to a heightened demand for advanced diagnostic tools such as ECG monitors and echocardiography systems. These tools enable veterinarians to detect conditions like arrhythmias and heart murmurs early, facilitating timely intervention and improving animal outcomes.
Respiratory
Respiratory monitoring plays a vital role in managing pulmonary health in animals, especially during anesthesia and post-operative care. Devices like capnographs and spirometers are employed to measure respiratory rate and oxygen saturation, ensuring adequate ventilation and oxygenation. The growing awareness of respiratory diseases in pets and the need for precise monitoring have propelled the adoption of these specialized devices in veterinary practices.
Neurology
Neurological monitoring is essential for diagnosing and managing neurological disorders in animals, such as seizures, epilepsy, and nerve injuries. Tools like electroencephalograms (EEGs) and neuromuscular monitors assist veterinarians in evaluating brain activity and neuromuscular function. The integration of advanced neuro-monitoring systems enhances the accuracy of diagnoses and the effectiveness of treatment plans.
Other Target Areas
Beyond the primary areas, veterinary monitoring also encompasses other critical parameters such as weight, temperature, and blood pressure. Monitoring these vital signs is fundamental in assessing an animal's overall health status. The use of multi-parameter monitors allows for comprehensive tracking of these indicators, aiding in early detection of health issues and facilitating prompt medical intervention.
Veterinary Monitoring Equipment Market, Segmentation by End User
The Veterinary Monitoring Equipment Market has been segmented by End User into Veterinary Clinics & Diagnostic Centers, Veterinary Hospitals, and Research Institutes.
Veterinary Clinics & Diagnostic Centers
Veterinary clinics and diagnostic centers are pivotal in the veterinary monitoring equipment market, accounting for approximately 56.4% of the market share in North America as of 2025. These facilities are the first point of contact for pet owners, providing routine check-ups, diagnostic services, and preventive care. The increasing demand for advanced monitoring devices in these settings is driven by the need for accurate and timely diagnosis, enhancing the overall quality of animal healthcare.
Veterinary Hospitals
Veterinary hospitals play a crucial role in delivering comprehensive animal healthcare services, including emergency care, surgical procedures, and intensive care. These institutions require sophisticated monitoring equipment to manage complex cases effectively. The integration of multi-parameter monitors and anesthesia monitoring systems in veterinary hospitals ensures continuous observation of vital signs, thereby improving patient outcomes and supporting the growth of the veterinary monitoring equipment market.
Research Institutes
Research institutes contribute significantly to the advancement of veterinary medicine by conducting studies on animal diseases, treatment protocols, and drug development. The utilization of veterinary monitoring equipment in these settings is essential for collecting accurate physiological data, facilitating groundbreaking research. The collaboration between research institutes and industry stakeholders fosters innovation, leading to the development of more effective monitoring solutions and expanding the scope of the veterinary monitoring equipment market.
Veterinary Monitoring Equipment Market, Segmentation by Geography
In this report, the Veterinary Monitoring Equipment Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Veterinary Monitoring Equipment Market Share (%), by Geographical Region
North America
North America holds a significant share in the veterinary monitoring equipment market, accounting for approximately 39.2% in 2022. This dominance is attributed to the high prevalence of pet obesity, with 59% of dogs and 61% of cats classified as overweight or obese. The region's advanced veterinary infrastructure and increasing pet healthcare expenditure further drive market growth.
Europe
Europe maintains a substantial position in the veterinary monitoring equipment market, driven by a strong emphasis on animal welfare and stringent regulatory frameworks. The region benefits from a high number of companion animals and increasing awareness about zoonotic diseases. Collaborative efforts between governments and organizations enhance research and development in veterinary healthcare.
Asia Pacific
The Asia Pacific region is experiencing rapid growth in the veterinary monitoring equipment market, fueled by rising livestock populations and increasing pet adoption. Countries like China and India are witnessing significant growth due to expanding animal husbandry practices and heightened awareness of animal health. Government initiatives and investments in veterinary services contribute to the region's market expansion.
Middle East & Africa
The Middle East & Africa region is witnessing steady growth in the veterinary monitoring equipment market, supported by increasing demand for livestock products and improvements in veterinary infrastructure. Efforts to control animal diseases and enhance food security are driving the adoption of veterinary services. However, challenges such as limited access to advanced veterinary care persist in certain areas.
Latin America
Latin America is emerging as a promising market for veterinary monitoring equipment, with growth driven by expanding livestock industries and rising pet ownership. Countries like Brazil and Argentina are investing in animal health programs and veterinary education. The region's focus on improving animal welfare and controlling zoonotic diseases supports market development.
Veterinary Monitoring Equipment Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Veterinary Monitoring Equipment Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing focus on animal health and welfare
- Technological advancements in veterinary monitoring equipment
-
Rise in pet ownership and companion animal healthcare spending - The steady rise in pet ownership and increased spending on companion animal healthcare are driving forces behind the growth of the veterinary monitoring equipment market. As more households welcome pets and view them as family members, there is a growing emphasis on ensuring their health through regular veterinary care. This shift in perception has contributed to a higher demand for advanced monitoring tools that track vital signs, support diagnostics, and enhance the overall standard of care provided in veterinary clinics and hospitals.
In developed regions, particularly across North America and Europe, pet owners are becoming more proactive in seeking quality medical services for their animals. This includes routine check-ups, surgical interventions, and long-term management of chronic conditions—all of which require the use of sophisticated monitoring devices such as multiparameter monitors, anesthesia monitoring systems, and wireless health tracking tools. As a result, veterinary professionals are investing more in reliable equipment that supports real-time data collection and improves decision-making during treatment.
Emerging markets are also experiencing a surge in pet adoption, fueled by urbanization, changing lifestyles, and rising disposable incomes. Alongside this trend, there is increased awareness about animal wellness and the importance of early diagnosis and preventive care. Veterinary facilities in these regions are expanding services and upgrading their infrastructure to meet the growing expectations of pet owners, creating new opportunities for suppliers of high-quality veterinary monitoring equipment.
In addition, advancements in digital and remote monitoring technologies are transforming veterinary care, allowing for better tracking of animal health both inside and outside clinical settings. As the pet population continues to grow globally and as spending on companion animal healthcare remains on the rise, the demand for innovative and efficient monitoring solutions is expected to accelerate. This evolution presents a strong opportunity for continued expansion in the veterinary monitoring equipment market.
Restraints:
- High cost associated with advanced monitoring equipment
- Limited adoption in developing regions
-
Concerns regarding data privacy and security - Increasingly seen as a restraint in the veterinary monitoring equipment market. With the growing adoption of digital monitoring systems, cloud-based platforms, and electronic health records, veterinary practices are managing more data than ever before. While these technologies enhance diagnostics and enable remote care, they also raise important questions about how sensitive animal health information is stored, transmitted, and protected. This has led to greater caution among pet owners and veterinary professionals regarding the use of connected systems.
Modern veterinary monitoring devices often rely on real-time data exchange and remote access features, which expose them to potential cybersecurity threats. Though veterinary data may not appear as critical as human health records, breaches can still result in financial losses, reputational damage, and disruption of clinical workflows. Many small and mid-sized practices may lack the technical infrastructure or resources needed to implement robust cybersecurity measures, making them more vulnerable to data-related risks.
The absence of universally applied data protection regulations for veterinary health information adds to this challenge. Unlike human healthcare systems governed by strict laws such as HIPAA or GDPR, veterinary practices operate under less defined data governance frameworks. This regulatory gap results in inconsistent data management practices across markets, especially when using third-party platforms or cloud services. As the volume of digital veterinary data grows, so does the need for clearly outlined and enforced data protection protocols.
Addressing these concerns will require a combination of secure technology development, staff training, and transparent privacy policies. Veterinary equipment manufacturers must ensure their products include security features such as encryption, authentication, and regular software updates. At the same time, veterinary clinics must be equipped with the knowledge and tools to safeguard sensitive information effectively. Without these protections in place, adoption of digital veterinary monitoring technologies may face resistance from users concerned about data vulnerability and misuse.
Opportunities:
- Expansion of telemedicine and remote monitoring solutions
- Growing demand for livestock monitoring in agriculture
-
Development of portable and wearable monitoring devices - The advancement of portable and wearable monitoring devices is creating promising opportunities in the veterinary monitoring equipment market. As veterinary care increasingly shifts toward real-time, continuous monitoring, compact and mobile devices are reshaping how animal health is managed. These technologies offer veterinarians the ability to track vital signs outside traditional clinical settings, making them ideal for use in homes, farms, and field environments. Their ability to provide consistent, on-the-go monitoring is especially valuable for livestock, performance animals, and pets requiring ongoing care.
Wearable devices, including smart collars, biometric patches, and sensor-based trackers, allow for non-invasive monitoring of parameters such as heart rate, body temperature, respiratory function, and activity levels. These solutions enable early detection of health anomalies and support quicker, more targeted interventions. By continuously collecting data, wearable monitors help improve the accuracy of diagnoses and allow veterinarians to create more customized and responsive treatment plans based on real-time insights.
Portable equipment also enhances the quality of care in situations where fixed infrastructure is unavailable. Lightweight, battery-operated monitoring tools are increasingly being used during mobile veterinary visits, emergency cases, and rural livestock management. These devices expand the reach of veterinary services, particularly in remote areas, helping to ensure that animals receive timely and effective care. The increased accessibility and convenience of portable tools are improving outcomes and broadening the scope of modern veterinary practices.
As interest in preventive care and remote monitoring grows, the veterinary industry is seeing a surge in demand for wearable and portable technologies. With ongoing improvements in wireless connectivity and data integration, these tools are becoming more reliable, affordable, and user-friendly. Their role in enabling proactive and efficient animal healthcare is expected to grow, positioning them as a vital element of the future veterinary technology landscape and offering strong potential for market expansion.
Veterinary Monitoring Equipment Market Competitive Landscape Analysis
Key players in Veterinary Monitoring Equipment Market include:
- Covetrus Inc.
- Agfa-Gevaert Group
- Smiths Medical (ICU Medical)
- Masimo Corporation
- Midmark Corporation
- Bionet America, Inc.
- Digicare Biomedical Technology, Inc.
- Mindray Medical International Limited
- Nonin Medical
- Vetland Medical Sales and Services LLC
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Animal Type
- Market Snapshot, By Target Area
- Market Snapshot, By End User
- Market Snapshot, By Region
- Veterinary Monitoring Equipment Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing focus on animal health and welfare
- Technological advancements in veterinary monitoring equipment
- Rise in pet ownership and companion animal healthcare spending
- Restraints
- High cost associated with advanced monitoring equipment
- Limited adoption in developing regions
- Concerns regarding data privacy and security
- Opportunities
- Expansion of telemedicine and remote monitoring solutions
- Growing demand for livestock monitoring in agriculture
- Development of portable and wearable monitoring devices
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Veterinary Monitoring Equipment Market, By Type, 2021 - 2031 (USD Million)
- Vital Signs Monitor
- Anesthesia Monitor
- ECG Monitor
- Veterinary Monitoring Equipment Market, By Animal Type, 2021 - 2031 (USD Million)
- Small Companion Animals
- Dogs
- Cats
- Large Animals
- Equines
- Other Large Animals
- Small Companion Animals
- Veterinary Monitoring Equipment Market, By Target Area, 2021 - 2031 (USD Million)
- Cardiology
- Respiratory
- Neurology
- Other Target Areas
- Veterinary Monitoring Equipment Market, By End User, 2021 - 2031 (USD Million)
- Veterinary Clinics & Diagnostic Centers
- Veterinary Hospitals
- Research Institutes
- Veterinary Monitoring Equipment Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Veterinary Monitoring Equipment Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Covetrus Inc.
- Agfa-Gevaert Group
- Smiths Medical (ICU Medical)
- Masimo Corporation
- Midmark Corporation
- Bionet America, Inc.
- Digicare Biomedical Technology, Inc.
- Mindray Medical International Limited
- Nonin Medical
- Vetland Medical Sales and Services LLC
- Other Major Companies
- Company Profiles
- Analyst Views
- Future Outlook of the Market