Global Veterinary Telemetry Systems Market size is anticipated to expand considerably through 2032, owing to recent innovations in veterinary healthcare technologies. In fact, many market leaders such as Medtronic plc, Digicare Biomedical, and others are focusing on developing veterinary telemetry systems with advanced capabilities, which will positively impact the industry landscape over the coming years.
Moreover, growing investments by governments in developed and developing economies in animal health will further contribute to industry growth. For instance, in September 2021, the USDA announced an investment of more than USD 3 billion in agriculture, animal health, and nutrition.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/5559
The overall veterinary telemetry systems market is divided in terms of product, mobility, animal, application, end user, and region.
Anesthesia monitors segment size is poised to amass significant gains through 2032. Anesthesia monitors are used for tracking vital signs in animals regularly to achieve the optimal impact of anesthesia. In veterinary medicine, anesthetic deaths can occur in older, overweight, and sick patients. Growing risks related to anesthesia in animals have increased the demand for anesthesia monitors. Increasing efforts by industry players towards developing anesthesia monitors with improved capabilities are further expected to favor segment growth.
Based on animal, the small animals segment held over 57% share of the veterinary telemetry systems market in 2022. Growing number of companion animals is working in favor of segment growth. As per 2021 European Pet Food Federation (FEDIAF) data, nearly 90 million European homes owned companion animals, leading to over €20 billion (USD 21 billion) worth of pet products and services that year. The rising pet population will therefore complement market growth through 2032.
In terms of application, the veterinary telemetry systems industry size from the neurology segment is expected to record significant gains through 2032. Neurotelemetry systems are used to monitor epileptic seizures, intracranial pressure, sympathetic nerve activity (SNA), sleep and circadian rhythm, and tissue oxygen levels in animals. Rising awareness of animal brain monitoring has increased the demand for veterinary telemetry systems. Moreover, innovations in neuro-telemetry technologies are further contributing to segment expansion.
Asia Pacific veterinary telemetry systems industry share is anticipated to grow at over 8% CAGR from 2023 to 2032. Growing pet adoption has increased the demand for veterinary telemetry systems across the region. Moreover, a surge in the number of veterinary clinics with skilled healthcare professionals attributed to the growing pet care industry is also contributing to regional expansion. In fact, as per India's IBEF, in 2021, the pet care sector in the country was valued at over USD 498.44 million.
Request for customization @ https://www.gminsights.com/roc/5559
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Industry coverage
1.2 Market scope and definitions
1.3 Base estimates and working
1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data sources
1.7.1 Primary
1.7.2 Secondary
1.7.2.1 Paid sources
1.7.2.2 Unpaid sources
Chapter 2 Executive Summary
2.1 Veterinary telemetry systems industry 3600 synopsis, 2018 - 2032
2.1.1 Business trends
2.1.2 Product type trends
2.1.3 Mobility trends
2.1.4 Animal type trends
2.1.5 Application trends
2.1.6 End-user trends
2.1.7 Regional trends
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/veterinary-telemetry-systems-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Aashit Tiwari
Corporate Sales, USA
Global Market Insights Inc.
Toll Free: 1-888-689-0688
USA: +1-302-846-7766
Europe: +44-742-759-8484
APAC: +65-3129-7718
Email:[email protected]
The global mobile cardiac telemetry systems market is expected to reach US$ 1,546.4 Mn in 2027 from US$ 564.8 Mn in 2018.
However, factors such as stringent regulations for approval, and technical problems associated with the mobile cardiac telemetry (MCT) are likely to pose a negative impact on the market growth.
On the other hand, increasing medical tourism in emerging nations is likely to have a positive impact on the growth of the global mobile cardiac telemetry systems market in the coming years.Key Questions Addressed by the Report:What is the growth perspective of the Mobile Cardiac Telemetry Systems Market and the key dynamics and trends governing the market?
According to the United Nation's World Population Ageing 2017 report, in 2017, there are 962 million people across the globe aged 60 years or over and the number is expected to reach nearly 2.1 billion by 2050.
Furthermore, US Census Bureau the number of Americans above the age of 65 and older is anticipated to grow more than double from 46 million in 2016 to above 98 million by 2060, and the 65-and-older age group's share in the world's population will grow around 24% from 15 percent.
The elderly population are more prompt to have atypical presentations, comorbid conditions, and unfavorable outcomes.
