Wilmington, Delaware, USA, Transparency Market Research Inc. – Growing adoption of various electronic and digital management systems is driving sales globally veterinary telehealth market lately. These management systems are receiving huge demand due to their advantages such as excellent detection of veterinary diseases as well as increasing focus on veterinary telehealth solutions.
Moreover, the growing prevalence of various chronic and zoonotic diseases in animals is also propelling the growth of the global veterinary telehealth market in the coming years. Additionally, increasing adoption of next-generation and latest technologies such as artificial intelligence as well as internet of things by pet parents is also expected to drive the development of the global telehealth market veterinarian in the years to come.
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The study assesses key factors that may influence the growth of the global veterinary telehealth market during the forecast period from 2021 to 2031. It also examines the individual and cumulative performance of various regions operating in the global telehealth market veterinary. The healthcare industry research report analyzes various market drivers and restraints that can potentially change the landscape of the global veterinary telehealth market over the forecast period 2021 to 2031.
The professional survey study uses an enormous amount of data acquired from various industry leading sources to determine the changes in the demand dynamics in the Global Veterinary Telehealth Market over the forecast period . It shares insights on key segments of the global veterinary telehealth market and rates them based on their size, share, revenue, and forecast from 2021 to 2031.
Global Veterinary Telehealth Market: Key Trends and Drivers
Rising prevalence of pet diseases including kidney disease, blood pressure related issues, diabetes, and spinal disc issues is fueling the demand in the global veterinary telehealth market. Rising cases of obesity in pets and resulting health issues such as osteoarthritis and joint diseases are also driving demand in the global veterinary telehealth market for treatments and options improved therapies. Additionally, increasing cases of livestock outbreaks that may lead to loss of production, disruption of regional markets, and other socio-economic threats may also bolster the development trajectory of the global veterinary telehealth market in the years to come.
Global Veterinary Telehealth Market: Key Players and Manufacturers
Some of the key players and stakeholders in the global veterinary telehealth market include Airvet, Babel Bark, Inc., Pet Desk, TeleTails, Vester, Inc., Whiskers Worldwide LLC, FirstVet, Petriage Inc., Activ4Pets, Guardian vets, Petzam. , Televet, VitusVet, Virtuwoof, LLC, and Paw Squad, among others. The players and service providers in the global Veterinary Telehealth market are engaging in various organic and inorganic strategies such as strategic collaborations, regional expansion, and new product launch to amass a larger share in the industry in coming years.
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For example, TeleVet partnered with Cornell University Hospital for Animals to deploy its telehealth platform for the University’s telehealth operations in August 2020. Additionally, TeleTails launched a new suite of software solutions in response to the COVID-19 pandemic in May. of 2020 called “Tele Tails Instant”. This software solution offers a video conferencing tool for veterinarians and companion animals.
Global Veterinary Telehealth Market: Regional Assessment
Geographically, North America has dominated the global veterinary telehealth market in recent years owing to the strong presence of the major historical players in the region as well as increasing investment in animal health expenditure. Additionally, advancement in technology along with high disposable income of the regional population are also key reasons for the large share of the North American industry in the global veterinary telehealth market. Another region that is expected to show considerable growth in the global veterinary telehealth market in the coming years is Asia-Pacific.
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Major factors driving the development of the global Asia-Pacific veterinary telehealth market include growing adoption of veterinary healthcare facilities along with rapid expansion of production and manufacturing facilities in regional economies such as the India and China.
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