Global Veterinary Telehealth Market Size & Outlook
Global veterinary telehealth market, 2018-2030 (US$M)
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Global veterinary telehealth market highlights
- The global veterinary telehealth market generated a revenue of USD 201.1 million in 2023 and is expected to reach USD 773.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 21.2% by 2030.
- In terms of segment, teleconsulting accounted for a revenue of USD 73.3 million in 2023.
- Telemonitoring is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 201.1 million |
| Market revenue in 2030 | USD 773.6 million |
| Growth rate | 21.2% (CAGR from 2023 to 2030) |
| Largest segment | Teleconsulting |
| Fastest growing segment | Telemonitoring |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Teleradiology, Teleconsulting, Telemonitoring, Other Type |
Other key industry trends
- In terms of revenue, the North America accounted for 40.6% of the global veterinary telehealth market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 245.2 million by 2030.
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Veterinary Telehealth Market Scope
Veterinary Telehealth Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global veterinary telehealth market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary telehealth market will help companies and investors design strategic landscapes.
teleconsulting was the largest segment with a revenue share of 36.45% in 2023. Horizon Databook has segmented the Global veterinary telehealth market based on teleradiology, teleconsulting, telemonitoring, other type covering the revenue growth of each sub-segment from 2018 to 2030.
The global livestock population has been experiencing rapid growth over the past few decades. According to a USDA report, there were around 94.4 million cattle & calves in the U.S., as of 2017. In developing economies, the demand for livestock products is increasing. According to the 19th Animal Census Report, India was home to a livestock population of about 512 million.
Growing concern about food security and increasing animal husbandry occupations are boosting the demand for veterinary pharmaceuticals & vaccines for livestock. Increasing demand for animal products has intensified livestock production worldwide. Factors such as changes in food preferences owing to changing lifestyle habits and population growth are further boosting the demand for livestock products.
Increase in the number of pet owners is driving the need for better treatment options for companion animals. According to The Humane Society of the United States reports, around 60.2 million U.S. households had at least 1 dog and around 47.1 million households had 1 cat, as of 2017.
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Target buyers of Global veterinary telehealth market databook
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Our clientele includes a mix of veterinary telehealth market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global veterinary telehealth market , including forecasts for subscribers. This global databook contains high-level insights into Global veterinary telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global veterinary telehealth market statistics, by region, 2018-2030 (US$M)
Top 10 countries: Veterinary telehealth market size, 2023 (USD Million)
Top 10 countries: Veterinary telehealth market size, 2023 (USD Million)
Global veterinary telehealth market, by region, 2023 (US$M)
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