Veterinary Monitoring Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Veterinary Monitoring Equipment Market Report Segments the Industry Into by Equipment Type (Multi Parameter Monitors, Capnography Device and Oximetry Systems, and More), by Animal Type (Companion Animals and Livestock Anaimals More), by End User (Veterinary Clinics and Diagnostic Centers, and More), and Geography (North America, Europe and More). The Market Forecasts are Provided in Terms of Value (USD).

Veterinary Monitoring Market Size and Share

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Veterinary Monitoring Market Analysis by Mordor Intelligence

The veterinary monitoring devices 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 devices market.

Key Report Takeaways

• By product type, multi-parameter monitors led with 35.65% of veterinary monitoring devices 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 devices 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 devices market share in 2024, while APAC is projected to register the fastest 8.34% CAGR through 2030.

Segment Analysis

By Product Type: Multi-Parameter Dominance Faces Wearable Disruption

Multi-parameter systems retained 35.65% veterinary monitoring devices 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 devices market.

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Note: Segment shares of all individual segments available upon report purchase

By Animal Type: Companion Care Leads While Livestock Accelerates

The veterinary monitoring devices 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 devices 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 devices market.

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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 devices 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.

Veterinary Monitoring Equipment Market
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Competitive Landscape

The veterinary monitoring devices 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 Industry Leaders

  1. Covetrus

  2. Agfa-Gevaert Group

  3. Smiths Medical

  4. Masimo

  5. Midmark Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Veterinary Monitoring Market Concentration
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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

Table of Contents for Veterinary Monitoring Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising pet ownership & spending on veterinary care
    • 4.2.2 Increasing prevalence of chronic animal diseases
    • 4.2.3 Technological advances in multi-parameter & wearable monitors
    • 4.2.4 Growth in livestock production & herd-health programs
    • 4.2.5 AI-driven predictive analytics in monitoring devices
    • 4.2.6 Regulatory push for tele-veterinary remote monitoring
  • 4.3 Market Restraints
    • 4.3.1 High cost of advanced monitoring equipment
    • 4.3.2 Limited awareness & adoption in developing regions
    • 4.3.3 Data-privacy & interoperability concerns
    • 4.3.4 Battery-life & durability limits in large-animal wearables
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts

  • 5.1 By Product Type (Value)
    • 5.1.1 Multi-parameter Monitors
    • 5.1.2 ECG Monitors
    • 5.1.3 Pulse-Oximeters
    • 5.1.4 Capnography Devices
    • 5.1.5 Blood-Pressure Monitors
    • 5.1.6 Wearable / Remote Monitors
    • 5.1.7 Other Products
  • 5.2 By Animal Type (Value)
    • 5.2.1 Companion Animals
    • 5.2.1.1 Dogs
    • 5.2.1.2 Cats
    • 5.2.1.3 Horses
    • 5.2.1.4 Others
    • 5.2.2 Livestock Animals
    • 5.2.2.1 Cattle
    • 5.2.2.2 Swine
    • 5.2.2.3 Poultry
    • 5.2.2.4 Sheep & Goats
    • 5.2.2.5 Others
  • 5.3 By End User (Value)
    • 5.3.1 Veterinary Hospitals & Clinics
    • 5.3.2 Research Institutes & Universities
    • 5.3.3 Home-care Settings
    • 5.3.4 Others
  • 5.4 By Geography (Value)
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 APAC
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 South Korea
    • 5.4.3.5 Australia
    • 5.4.3.6 Rest of APAC
    • 5.4.4 Middle East and Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East and Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 IDEXX Laboratories
    • 6.3.2 Masimo Corporation
    • 6.3.3 Smiths Medical (ICU Medical)
    • 6.3.4 Mindray Medical International
    • 6.3.5 Nonin Medical
    • 6.3.6 Vetland Medical
    • 6.3.7 Digicare Biomedical
    • 6.3.8 Covetrus
    • 6.3.9 Bionet America
    • 6.3.10 Midmark Corporation
    • 6.3.11 Burtons Medical Equipment
    • 6.3.12 Avante Health – DRE Veterinary
    • 6.3.13 Compumedics
    • 6.3.14 SonoScape Medical
    • 6.3.15 Vetcorder (Sentier)
    • 6.3.16 SunTech Medical
    • 6.3.17 Meridian Medical
    • 6.3.18 IMV Imaging
    • 6.3.19 Qingdao Kangjin
    • 6.3.20 Anaequip Medical

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Global Veterinary Monitoring Market Report Scope

As per the scope of the report, veterinary monitoring equipment is the equipment used in monitoring the vital signs in animals, such as blood pressure and respiration, and the detection of diseases in animals in the early stages. Veterinary monitoring equipment is also used to monitor the body temperature of animals. The market consists of companies engaged in manufacturing monitoring devices for disease detection in animals. The Veterinary Monitoring Equipment Market is Segmented by Equipment Type (Vital Sign Monitors, Capnography and Oximetry Systems, Anesthesia Monitors, ECG and EKG Monitors, Magnetic Resonance Imaging (MRI) Systems, and Other Veterinary Monitoring Equipment), Target Area (Cardiology, Respiratory, Neurology, and Other Target Areas), Animal Type (Small Companion Animals, Large Animals, and Other Animals), End User (Veterinary Clinics and Diagnostic Centers, Veterinary Hospitals, and Other End Users) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.

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
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
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
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
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Key Questions Answered in the Report

What segment fuels the fastest revenue growth?

Wearable and remote solutions lead the veterinary monitoring devices 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.

Page last updated on: June 22, 2025

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