Pet Blood Pressure Monitoring Devices Market Size, Share & Trends Analysis Report By Animal Type, By Product (Devices, Consumables), By Measurement Type, By Modality, By Technology, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Pet Blood Pressure Monitoring Devices Market Size, Share & Trends Analysis Report By Animal Type, By Product (Devices, Consumables), By Measurement Type, By Modality, By Technology, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Pet Blood Pressure Monitoring Devices Market Growth & Trends

The global pet blood pressure monitoring devices market is expected to reach USD 198.15 million by 2030 and is projected to grow at a CAGR of 6.74% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising incidences of pet hypertension coupled with pet expenditure and humanization are key growth drivers for this market.

Pet hypertension is on the rise, and obesity, typically a result of sedentary lifestyles and inadequate eating habits, is a key precursor. Several commercial pet foods possess high sodium content, which may contribute to increased blood volume and water retention. Furthermore, lack of activity intensifies the matter by affecting blood pressure (BP) regulation and cardiovascular health, particularly among indoor or confined pets. Although certain breeds of dogs, including Spitz, Shih Tzus, and Yorkshire Terriers, have a genetic vulnerability to hypertension, external stressors gradually elevate blood pressure.

Another driving factor for the market is the growing expenditure on pet health. According to a 2024 article published by Forbes Advisor, pet owners spend around USD 1,533 annually on their pets. Of these, veterinary care spending was estimated at around USD 680 annually. Furthermore, in a 2023 study by Alltech, pet owners from the U.S. spent around USD 1,200 on their pets. This analysis also highlighted that nearly 90% of pet parents put special emphasis on actively conducting health inspections of their pets.

These aspects demonstrate the extent to which pet owners regard the health of their animals. There is an evident demand for comprehensive pet healthcare solutions, considering the large spending on veterinary care and the emphasis on health assessment. The market for pet blood pressure monitors will profit directly from this trend, as pet owners look for innovative diagnostic devices for keeping an increased focus on their pet's well-being. The elevated yearly spending on pets implies a willingness to spend on healthcare expenditures, leading to increased adoption of blood pressure monitors, becoming a growing majority in veterinary facilities as well as for home care settings.

Pet Blood Pressure Monitoring Devices Market Report Highlights

• By animal type, the dogs segment dominated the market in 2023 with a share of over 52%, owing to the widespread pet ownership worldwide and the proactive measures that owners take for their pets' health.
• In terms of product, the devices segment held the largest market share in 2023 owing torising demand for devices that can perform multiple functionalities, such as measuring, distributing, and recording data, including blood pressure, temperature, blood oxygen saturation level, etc.
• By measurement type, the non-invasive (NIBP) segment held the largest market share, over 64%, in 2023. This can be attributed to the fact that this method is more widely employed than invasive (arterial) measurement.
• By modality, the portable segment held the largest market share of over 67% in 2023. This can be due to the convenience, cost-effectiveness, and portability offered by these devices.
• By technology, the automatic segment held the largest market share in 2023 and the fastest CAGR over the forecast period, owing to its accuracy and swiftness of results.
• By end-use, the veterinary hospitals segment held the largest market share of over 51% in 2023, as they are the primary point of consultation and care delivery for pets.
• By region, North America held the largest share, over 34% of the global market in 2023. This growth results from the region's well-established veterinary healthcare infrastructure and vast awareness among pet owners about routine health monitoring of their pets.
• Factors such as the global upsurge in pet adoption and ownership, the increasing risk of hypertension among pets, the increase in expenditure on pet healthcare, and the rise in support initiatives are expected to drive market growth.

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