Global Veterinary Telemedicine Market Size study & Forecast, by Type (Telephone, Internet), by Component (Software & Services, Hardware), by Application (Diagnosis and treatment, Prescription of medication, Follow-up care, Consultation with specialists, E

Global Veterinary Telemedicine Market Size study & Forecast, by Type (Telephone, Internet), by Component (Software & Services, Hardware), by Application (Diagnosis and treatment, Prescription of medication, Follow-up care, Consultation with specialists, Education), by Animal Type (Companion Animals, Livestock, Others) and Regional Analysis, 2023-2030

Global Veterinary Telemedicine Market is valued at approximately USD 448.01 Million in 2022 and is anticipated to grow with a healthy growth rate of more than 18.30% over the forecast period 2023-2030. Veterinary telemedicine is a practice that harnesses technology to provide remote. It allows veterinarians to connect with pet owners and other professionals in the field without the need for physical presence. Through video calls, phone calls, or even messaging platforms, veterinarians can assess and diagnose a wide range of medical issues, offer treatment recommendations, and provide guidance on pet care and management. This approach has gained popularity for its convenience, especially in situations where an in-person visit might be challenging or unnecessary, such as routine check-ups, behavioral consultations, or minor health concerns. The Veterinary Telemedicine Market is driven by factors such as increasing prevalence of chronic diseases in animals, growing pet healthcare spending and increasing pet ownership.

The rising prevalence of chronic diseases among animals is driving the market growth. Globally, there has been a increase in the occurrence of several chronic conditions among animals in the past decade. The American Veterinary Medical Association (AVMA) reports that diabetes mellitus is a frequently diagnosed chronic ailment in both cats and dogs. It is approximated that roughly 1 in 200 cats and 1 in 300 dogs woulddevelop diabetes during their lifetime. Furthermore, the International Renal Interest Society (IRIS) indicates that chronic kidney disease (CKD) is prevalent among aging cats and dogs, with estimates suggesting that up to 30% of cats and 10% of dogs over the age of 10 are affected by CKD. Additionally, cancer, a diverse group of diseases that can impact any part of the body, ranks as the second leading cause of death in dogs and the third leading cause of death in cats, as reported by the National Cancer Institute. In addition, advancements in technology and increasing government initiatives are creating new opportunities for market growth. However, the high cost of Veterinary telemedicine and lack of awareness and accessibility to services stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Veterinary Telemedicine Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to factors such as increased pet ownership, increasing spending on pet healthcare, rising awareness about animal health, rising number of animal health checkup campaigns and more. Whereas, North America is projected to grow at the fastest rate owing to factors such as rising adoption of telemedicine, in the region, rising health awareness campaigns, animal healthcare expenditures and rising pet ownership in the region.

Major market player included in this report are:
Agora.io Ltd
Anipanion
Linkyvet
Oncura Partners Diagnostics, LLC
TeleVet
Vetchat
VetCT.
Vetoclock Telediagnosis and Training SL
WellHaven Pet Health
Petriage

Recent Developments in the Market:
 In March 2021, Practo announced the expansion of its healthcare offerings by introducing veterinary telemedicine services on its platform. Through this initiative, the company is collaborating with licensed veterinarians throughout India to provide round-the-clock online consultation services tailored to the needs of pets.

Global Veterinary Telemedicine Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Type, Component, Application, Animal Type, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Telephone
Internet

By Component:
Software & Services
Hardware

By Application:
Diagnosis and treatment
Prescription of medication
Follow-up care
Consultation with specialists
Education

By Animal Type:
Companion Animals
Livestock
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Agora.io Ltd
Anipanion
Linkyvet
Oncura Partners Diagnostics, LLC
TeleVet
Vetchat
VetCT.
Vetoclock Telediagnosis and Training SL
WellHaven Pet Health
Petriage

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