Veterinary Monitoring Equipment Market Size and Share
Market Overview
| Study Period | 2019 - 2030 |
|---|---|
| Market Size (2025) | USD 2.46 Billion |
| Market Size (2030) | USD 3.44 Billion |
| Growth Rate (2025 - 2030) | 6.97% CAGR |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Veterinary Monitoring Equipment Market Analysis by Mordor Intelligence
The veterinary monitoring equipment market stood at USD 2.46 billion in 2025 and is on track to reach USD 3.44 billion by 2030, advancing at a 6.97% CAGR. This growth reflects rising pet humanization, livestock productivity targets, and the rapid deployment of AI-enabled diagnostics. Ongoing integration of multi-parameter, wearable, and remote technologies is shifting care from episodic clinic visits toward always-on, data-driven health management. Demand is reinforced by regulatory programs that speed approvals for connected devices and by producers’ need to safeguard food-supply traceability. Competitive intensity remains moderate, yet platform-centric strategies and specialist entrants are redrawing value pools across the veterinary monitoring equipment market.
Key Report Takeaways
- By product type, multi-parameter monitors led with 35.65% of veterinary monitoring equipment market share in 2024, while wearable and remote monitors are projected to expand at a 7.12% CAGR to 2030.
- By animal type, companion animals accounted for 59.67% of the veterinary monitoring equipment market size in 2024; livestock monitoring is forecast to advance at 7.89% CAGR through 2030.
- By end user, veterinary hospitals and clinics held 71.23% revenue share in 2024, whereas the home-care segment is set to grow at 8.23% CAGR to 2030.
- By geography, North America commanded 42.34% of the veterinary monitoring equipment market share in 2024, while APAC is projected to register the fastest 8.34% CAGR through 2030.
Global Veterinary Monitoring Equipment Market Trends and Insights
Driver Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising pet ownership & spending on veterinary care | +1.8% | North America & Europe | Medium term (2-4 years) |
| Increasing prevalence of chronic animal diseases | +1.2% | Developed markets | Long term (≥4 years) |
| Technological advances in multi-parameter & wearable monitors | +2.1% | North America & APAC | Short term (≤2 years) |
| Growth in livestock production & herd-health programs | +0.9% | APAC, Latin America, MEA | Medium term (2-4 years) |
| AI-driven predictive analytics in monitoring devices | +1.4% | North America & Europe, expanding to APAC | Short term (≤2 years) |
| Regulatory push for tele-veterinary remote monitoring | +0.8% | North America & Europe | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rising Pet Ownership & Spending on Veterinary Care
Pet owners increasingly view animals as family and demand comprehensive, enabling clinics to position devices as wellness tools rather than episodic diagnostics. Continuous data streams reduce emergency costs and improve life-quality metrics, pushing the veterinary monitoring equipment market toward subscription-based models.
Increasing Prevalence of Chronic Animal Diseases
Diabetes, cardiac disorders, and osteoarthritis now mirror human chronic disease patterns in pets. AI-enabled collars such as PetPace 2.0 track long-term vitals and behavior, giving veterinarians granular trendlines for treatment adjustments. For cattle, early-warning systems lower mortality and feed wastage, creating multi-year device demand within the veterinary monitoring equipment market.
Technological Advances in Multi-Parameter & Wearable Monitors
Compact platforms combine ECG, blood pressure, capnography, and temperature in a single enclosure; SunTech Vet40 exemplifies this shift with ACVIM-validated accuracy. Twenty-five-day battery cycles and kinetic-energy harvesting make continuous monitoring viable for extensive herds, accelerating the veterinary monitoring equipment expansion.
Growth in Livestock Production & Herd-Health Programs
Precision-farming adoption cuts disease-related losses by more than 30% while boosting feed-conversion efficiency. Integrated platforms log environmental and biometric data, satisfying traceability mandates and propelling the veterinary monitoring equipment market in APAC and Latin America.
Restraint Impact Analysis
| Restarint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High cost of advanced monitoring equipment | -1.6% | Developing markets | Medium term (2-4 years) |
| Limited awareness & adoption in developing regions | -0.8% | MEA, Latin America, rural APAC | Long term (≥4 years) |
| Data-privacy & interoperability concerns | -0.7% | North America & Europe | Short term (≤2 years) |
| Battery-life & durability limits in large-animal wearables | -0.5% | Global livestock operations | Short term (≤2 years) |
| Source: Mordor Intelligence | |||
High Cost of Advanced Monitoring Equipment
Practice owners face equipment outlays exceeding USD 50,000 for full multi-parameter platforms and doubling ownership costs once software, maintenance, and training are included. These economics stall penetration across developing economies, tempering near-term growth in the veterinary monitoring equipment market.
Limited Awareness & Adoption in Developing Regions
Fragmented supply chains and limited technical support delay uptake in rural Africa and South Asia, where veterinary infrastructure remains under-resourced [1]Source: Frontiers in Veterinary Science, “Net Economic Benefits to Small-Scale Producers,” frontiersin.org . Device makers must simplify interfaces and leverage community-based animal-health workers to unlock latent demand within the veterinary monitoring equipment market.
Segment Analysis
By Product Type: Multi-Parameter Dominance Faces Wearable Disruption
Multi-parameter systems retained 35.65% veterinary monitoring equipment market share in 2024, owing to their role in anesthesia and critical-care workflows. The segment’s robust clinical validation underpins purchasing, and portable form factors such as the 3-lb LifeWindow One broaden use beyond surgical suites. These platforms now integrate Wi-Fi and cloud dashboards, allowing remote specialists to review waveforms in real time. Procurement remains capital-intensive, yet leasing models and bundled service contracts sustain revenue visibility.
Wearable and remote units are the fastest-growing category at 7.12% CAGR, driving fresh penetration in home-care and extensive-farm settings. AI-driven collars, rumen boluses, and non-contact Doppler devices detect subtle physiological deviations hours before clinical symptoms appear, cutting intervention costs. Embedded telecom modules transmit encrypted data to practice management systems, embedding these devices within preventive-care plans. Battery-life breakthroughs and energy harvesting support multi-year deployment, cementing the segment’s disruptive momentum within the veterinary monitoring equipment market.
Note: Segment shares of all individual segments available upon report purchase
By Animal Type: Companion Care Leads While Livestock Accelerates
The veterinary monitoring equipment market size for companion animals reached USD 1.47 billion in 2024. Dogs dominate through smart collars that track cardiac, respiratory, and activity markers. Consumer willingness to pay for preventive insights sustains device subscriptions that generate recurring revenue. Feline solutions are catching up via lightweight tags that overcome cats’ lower wear-tolerance and offer body-temperature, sleep, and activity analytics.
Livestock applications are projected to post 7.89% CAGR, underpinned by dairy, beef, and swine producers’ need to improve feed conversion and lower mortality. Bolus sensors monitor rumen pH and temperature, enabling pre-emptive treatment of bovine respiratory disease. Ear-tag sensors with LoRa connectivity link to cloud dashboards for pen-level analytics, while integrated barn-environment monitors correlate ambient conditions with animal health. Government traceability mandates further standardize sensor usage across the veterinary monitoring equipment market.
By End User: Hospitals Dominate While Home Care Surges
Veterinary hospitals and clinics held 71.23% revenue in 2024, reflecting their central role in surgeries and emergency interventions. Facilities increasingly interface monitors with practice-management software, automating charting and billing and freeing staff for higher-value tasks. Strategic instrument placements by top vendors bolster installed bases and recurring consumables turnover.
Home-care settings are projected to grow at 8.23% CAGR, fueled by pet owner demand for low-stress monitoring and by telemedicine platforms that integrate device feeds into virtual consults. Bluetooth-enabled thermometers and pulse-oximeters that auto-sync with mobile apps simplify owner usage. Veterinarians review data asynchronously, prescribe adjustments, and schedule in-clinic visits only when clinically necessary, embedding remote monitoring as a mainstream service line within the veterinary monitoring equipment market.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
North America generated 42.34% of 2024 sales, sustained by high pet ownership rates, robust insurance penetration, and streamlined FDA pathways that encourage device launches [2]Source: U.S. Food and Drug Administration, “Animal and Veterinary Innovation Agenda,” fda.gov. Companion-animal spend offsets soft clinical-visit traffic, as reflected in IDEXX’s 7% organic growth and record premium-instrument placements. Canada’s extensive beef and dairy sectors adopt bolus and ear-tag sensors, while Mexico’s emerging middle class fuels companion-animal device uptake.
APAC is forecast to expand at 8.34% CAGR, undergirded by China’s 106.2 billion-yuan pet medical market and rapid livestock modernization. Local manufacturing lowers price points, aiding diffusion across mid-tier clinics and midsize farms. Japan and South Korea advance next-gen sensor R&D, while India’s dairy cooperatives pilot large-scale IoT herd-health systems. Regional governments allocate subsidies for food-safety traceability, reinforcing adoption across the veterinary monitoring equipment market.
Europe exhibits steady uptake, driven by stringent animal-welfare statutes and tele-medicine reimbursements. Germany anchors device manufacturing, the United Kingdom pioneers remote-consult frameworks, and France leverages cloud analytics to streamline dairy herd management. Eastern Europe presents greenfield opportunities as cost-optimized wearables gain traction amongst smallholder farms. Harmonized CE-marking procedures shorten time-to-market relative to other regulated regions.
Competitive Landscape
The veterinary monitoring equipment market features moderate fragmentation. Top five suppliers collectively control over half of revenue, giving mid-scale innovators room to differentiate. Incumbents such as IDEXX, Masimo, Smiths Medical, and Mindray cross-utilize human-health IP, achieving economies in sensor development and manufacturing scale. Strategic focus has migrated from hardware sales toward integrated ecosystems bundling cloud analytics, consumables, and service contracts.
Platform integration now defines competitive edge. Vendors embed open APIs, enabling seamless data flow into practice-management and telehealth portals. AI modules generate predictive alerts, moving the value proposition upstream from measurement to clinical decision support. In livestock, multinational pharmaceutical companies partner with sensor start-ups to pair therapeutic portfolios with health-monitoring subscriptions, locking in long-term farm relationships.
Market entry barriers ease as component costs fall and regulatory programs favor innovative SMEs. Niche challengers target under-served species or deploy disruptive business models such as device-as-a-service. However, sustaining momentum demands robust distribution and post-sale support. Consequently, alliances, OEM agreements, and selective acquisitions are intensifying as incumbents shore up feature gaps and expand geographic reach.
Veterinary Monitoring Equipment Industry Leaders
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Covetrus
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Agfa-Gevaert Group
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Smiths Medical
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Masimo
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Midmark Corporation
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- June 2025: Boehringer Ingelheim partnered with Eko Health to co-develop AI cardiac-monitoring tools for companion animals
- June 2025: Optiscan Imaging launched the InSpecta micro-imaging system for real-time companion-animal diagnostics
- May 2025: ScribbleVet secured SOC 2 Type 2 compliance for its AI veterinary scribe, supporting tele-monitoring use cases
Research Methodology Framework and Report Scope
Market Definitions and Key Coverage
Our study defines the veterinary monitoring equipment market as all stand-alone or integrated electronic devices that track an animal's vital signs, heart rate, respiration, blood pressure, temperature, oxygen saturation, and ECG during routine exams, surgery, or critical care. The definition covers multi-parameter monitors, capnography and oximetry systems, ECG/EKG units, blood-pressure cuffs, wearable/telemetry monitors, and MRI-based physiologic add-ons installed in clinics, hospitals, research institutes, and home-care settings worldwide.
Scope exclusion: consumables, single-use sensors, and broader therapeutic or imaging equipment are not included in the revenue pool.
Segmentation Overview
- By Product Type (Value)
- Multi-parameter Monitors
- ECG Monitors
- Pulse-Oximeters
- Capnography Devices
- Blood-Pressure Monitors
- Wearable / Remote Monitors
- Other Products
- By Animal Type (Value)
- Companion Animals
- Dogs
- Cats
- Horses
- Others
- Livestock Animals
- Cattle
- Swine
- Poultry
- Sheep & Goats
- Others
- Companion Animals
- By End User (Value)
- Veterinary Hospitals & Clinics
- Research Institutes & Universities
- Home-care Settings
- Others
- By Geography (Value)
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Rest of APAC
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Argentina
- Rest of South America
- North America
Detailed Research Methodology and Data Validation
Primary Research
Mordor analysts interviewed veterinary surgeons, biomedical engineers, purchasing managers, and distributor executives across North America, Europe, Asia-Pacific, and Latin America to validate desk findings, refine penetration assumptions, and stress-test price corridors.
Desk Research
We began with structured desk work that mined open datasets from sources such as the USDA, Eurostat livestock statistics, the World Organisation for Animal Health, and patent records available through Questel. Annual reports, 10-Ks, and investor decks from listed device makers supplemented unit shipment and ASP references, while guidelines from bodies like the American Animal Hospital Association clarified standard of care thresholds. Subscription tools, including Dow Jones Factiva for transaction news and D&B Hoovers for financial splits, helped us benchmark vendor revenue trails. This list is illustrative rather than exhaustive; many additional publications, trade registries, and customs files were reviewed to fill gaps.
Market-Sizing & Forecasting
A top-down build started with global companion and livestock animal populations, elective surgery rates, and average monitor penetration per procedure, which are then multiplied by validated ASP bands. Select bottom-up checks, supplier roll-ups, and sampled clinic audits were used to align totals. Key variables in the model include pet ownership growth, elective surgery incidence, clinic density, replacement cycles, and wearable uptake. Forecasts to 2030 rely on multivariate regression that links these drivers to historic sales and adjusts for currency shifts and inflation. Data voids in smaller countries are bridged through regional analogues vetted with local experts.
Data Validation & Update Cycle
Outputs pass a two-layer analyst review, variance thresholds trigger re-checks, and anomalies are escalated before sign-off. Reports refresh annually; material events such as major recalls or regulatory changes prompt interim updates, ensuring clients receive the latest market view.
Why Mordor's Veterinary Monitoring Equipment Baseline Commands Reliability
Published estimates often diverge because each firm chooses its own scope, price basis, and refresh cadence.
Our disciplined selection of device classes, multi-step validation, and yearly update rhythm reduce those variances.
Benchmark comparison
| Market Size | Anonymized source | Primary gap driver |
|---|---|---|
| USD 2.46 B (2025) | Mordor Intelligence | - |
| USD 0.61 B (2025) | Regional Consultancy A | Excludes imaging add-ons and wearables; clinic install base only |
| USD 0.57 B (2025) | Global Consultancy B | Companion animal focus; ASPs taken from US list prices |
| USD 9.61 B (2024) | Industry Association C | Bundles disposables and wider animal tech into same market |
Taken together, the comparison shows that Mordor's method sits between narrow device counts and broad "all-inclusive" valuations, giving decision-makers a transparent, repeatable baseline they can confidently use for strategy and investment planning.
Key Questions Answered in the Report
What segment fuels the fastest revenue growth?
Wearable and remote solutions lead the veterinary monitoring equipment market with a projected 7.12% CAGR because they enable continuous, AI-supported surveillance outside clinic walls.
How do U.S. regulations influence new-device launches?
FDA’s Innovation Agenda streamlines 510(k) reviews for connected sensors, cutting time-to-market and lowering costs for emerging manufacturers.
Why are ownership economics a challenge for small clinics?
Total cost of ownership for full multi-parameter suites can exceed USD 100,000 once maintenance and software subscriptions are included, stretching budgets for independent practices.
Which region displays the highest future growth?
APAC will advance at 8.34% CAGR through 2030, propelled by China’s expanding pet-medical spend and livestock modernization programs.
What competitive strategies define market leaders?
Companies are bundling hardware, cloud analytics, and telemedicine integration to create end-to-end platforms that embed predictive insights into daily workflows.
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