Dublin, Jan. 15, 2025 (GLOBE NEWSWIRE) — The “Veterinary Telehealth Market Size, Share & Trends Analysis Report By Type, By Animal type, Delivery Mode, By End Use, By Region, And Segment Forecasts, 2025 – 2030” report has been added to ResearchAndMarkets.com’s offering.
The dynamic landscape of veterinary care is evolving with the integration of technology, propelling the global veterinary telehealth market towards remarkable growth. The sector is anticipated to expand significantly, reaching an estimated USD 921.40 million by the year 2030 and achieving a compound annual growth rate (CAGR) of 20.33% from 2025 to 2030. This surge is primarily fueled by the increased adoption of telehealth services among pet owners and the need to address the growing prevalence of animal diseases.
Driving Factors for Adoption
Veterinary telehealth is rapidly gaining momentum as a viable solution, offering pet owners crucial advantages by mitigating transportation costs and associated expenses. The platform enables immediate access to veterinary care and professional advice, bypassing traditional wait times and offering added convenience to animal caretakers. This time-efficient solution is contributing to the burgeoning growth of the market.
Technological Integration and Pet Ownership Trends
The adoption of cutting-edge technologies like IoT and AI by pet parents and farmers is furthering the reach of veterinary telehealth. The integration is accelerated by increased internet penetration and the accessibility of user-friendly animal healthcare websites and applications. Concurrently, rising instances of zoonotic diseases and heightened concern for animal welfare among owners are amplifying market growth. A notable increase in global pet ownership, as observed during the COVID-19 pandemic era, particularly in the UK, is leading to a greater dependency on telehealth services.
Regional Market Dynamics
While North America continues to lead the sector with the largest revenue share, attributed to its concentration of well-established market players and robust R&D efforts, the Asia Pacific region showcases promising growth. This trend is underpinned by the expanding adoption of veterinary telehealth services and a burgeoning livestock population.
Competitive Landscape and Strategic Initiatives
The market is witnessing a series of strategic maneuvers by industry players, including mergers, acquisitions, collaborative agreements, and geographic expansions, aimed at strengthening their market positions. Notable initiatives such as the launch of innovative telemedicine and communication technology services have emerged to alleviate the operational strain on veterinary practices.
Market Outlook
The comprehensive analysis provided sheds light on the multifaceted growth of the veterinary telehealth market. Stakeholders can capitalize on the actionable insights and trend forecasts detailed in the report to align with emerging opportunities and fuel informed strategic decisions.
Conclusion
In summary, the veterinary telehealth market is set on an upward trajectory, supported by continuous innovation, the indispensable role of technology, and an inherently increasing demand for animal healthcare services. As market players strive to meet this demand and optimize service delivery, the market is geared towards a future where veterinary care is both accessible and sophisticated.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 154 |
| Forecast Period | 2024 – 2030 |
| Estimated Market Value (USD) in 2024 | $306.72 million |
| Forecasted Market Value (USD) by 2030 | $921.4 million |
| Compound Annual Growth Rate | 20.3% |
| Regions Covered | Global |
Companies Featured
- AirVet
- Vetlive
- GuardianVets
- PetCoach
- whiskerDocs Llc.
- Vetster
- TeleVet
- Pets at Home Group Plc
- Activ4Pets
- VitusVet
- FirstVet
- Petriage
- BabelBark
- Chewy inc.
- VetCT
- VetRad
For more information about this report visit https://www.researchandmarkets.com/r/7gz32f
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
- Veterinary Telehealth Market
