During the 2020-2030 forecast period, the increasing prevalence of animal diseases and conditions may be an important growth factor for the veterinary patient monitoring market. Veterinary patient monitors are used to analyze the health of animals. These monitoring systems play an important role in enhancing animal health. The huge pet population and the existence of a large number of zoos in almost all countries may become a multiple of the growth of the veterinary patient monitoring market.
According to product types, the veterinary patient monitor market can be subdivided into respiratory monitors, remote patient monitors, nerve monitors, heart monitors, multi-parameter monitors, etc. These surveillance systems can be used for small companion animals, wild animals, exotic animals, large companion animals and zoo animals.
This report on veterinary patient monitors has attracted market attention in analyzing various growth parameters. This factor has greatly helped market stakeholders and helped them design their business strategies accordingly. The report also covers existing and emerging trends in the overall veterinary patient monitor market. The report also highlights the impact of the COVID-19 pandemic on the veterinary patient monitor market.
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Innovation in the field of animal health care is triggering a technological revolution in the veterinary patient monitor market. Manufacturers in the veterinary patient monitor market are focusing on developing cutting-edge veterinary patient monitoring systems to provide accurate information about animal health. Manufacturers invest a lot of money in research and development activities to develop new monitoring mechanisms to improve convenience and accuracy.
Key players are also concerned about developing a COVID-19 surveillance system for animals to protect other animals from infection. This aspect can bring good growth opportunities for the veterinary patient monitoring market. Some of the entrenched players in the veterinary patient monitor market are Hallmarq Veterinary Imaging Co., Ltd., IDEXX Laboratories, Bionet America, Midmark, B.Braun Veterinary Health GmBH, Carestream Health, and MinXray Inc.
The veterinary patient monitor market may see good growth in the livestock industry. Monitoring the health of livestock like cattle has become an important aspect. Technical developments related to livestock monitoring may receive attention. For example, Brainwired, a startup in India, recently created a livestock health monitoring system called WeSTOCK. The system uses the Internet of Things (IoT) to identify sick animals and notify farmers accordingly. The product also has built-in online veterinary support for consultation. Such development may make the animal husbandry sector a growth booster for the veterinary patient monitoring market.
Wearable devices used to monitor the health of pets may also provide growth opportunities for the veterinary patient monitoring market. Scientists have recently developed a wearable technology device to monitor the dog’s breathing and heart rhythm and other health conditions. This technology will help pet owners monitor the health of their pets in real time. Therefore, such development may bring good growth opportunities for the veterinary patient monitor market.
The market for veterinary patient monitors covers Latin America, Asia Pacific, Middle East and Africa, North America and Europe. During the forecast period of 2020-2030, North America may be the main growth contributor to the veterinary patient monitor market. The increasing acceptance of pets by a large population may prove to be a major factor in the growth of the veterinary patient monitor market.
As people’s awareness of livestock health monitoring continues to increase, the Asia-Pacific region may also bring rapid growth to the veterinary patient monitor market throughout the forecast period. In addition, the ever-increasing number of livestock can also act as a growth accelerator.
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Post time: Mar-10-2021