PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2130446
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2130446
The global veterinary monitoring equipment market is projected to reach USD 1.03 billion by 2031 from USD 0.69 billion in 2026, growing at a CAGR of 8.30% during the forecast period.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2026-2031 |
| Base Year | 2025 |
| Forecast Period | 2026-2031 |
| Units Considered | Value (USD billion) |
| Segments | Type, Target Area, Animal type, Technology, End User, and Region |
| Regions covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Growth is driven by rising pet ownership and pet humanization, a rising incidence of chronic and age-related conditions such as cardiac and renal disease in aging dogs and cats, and increasing surgical case volumes that require continuous vital sign monitoring. The high capital cost of advanced multiparameter systems remains a barrier, limiting adoption among small and independent veterinary practices.

"Wearable monitoring technology segment is projected to register the highest CAGR in the veterinary monitoring equipment market during the forecast period."
By technology, the wearable monitoring segment is set to grow fastest between 2026 and 2031. Wearable and contactless sensors allow clinics to track heart rate, respiration and temperature without restraining the animal, reducing stress for patients that resist handling and extending monitoring into recovery cages, shelters and mobile practices. Smaller sensors and longer battery life are moving wearable formats beyond the surgical suite into everyday case management.
"Veterinary general practice segment is expected to account for the largest share of the veterinary monitoring equipment market during the forecast period."
By end user, veterinary general practice held the largest share of the market in 2025. General practices handle most routine wellness exams, dental work, and minor surgical procedures, and each case requires at least basic vital sign monitoring during sedation or anesthesia. The large and still-growing number of general practice clinics worldwide keeps this segment ahead of specialty and emergency facilities in equipment volume.
North America is expected to account for the largest share of the veterinary monitoring equipment market, while Asia Pacific is projected to register the highest CAGR during the forecast period.
North America held a major share of the market in 2026, supported by a large companion animal population, an established specialty and referral hospital network, and a veterinary device pathway that does not require formal premarket approval before a monitor reaches clinics. Asia Pacific is projected to grow at the highest CAGR from 2026 to 2031, the fastest of any region, led by China, India, and Japan as pet ownership rises and hospital infrastructure expands.
Midmark Corporation (US); Shenzhen Mindray Bio-Medical Electronics (China); Covetrus (US); SunTech Medical (US); Nonin Medical (US); EDAN Instruments (China); Bionet (South Korea); Guangdong Biolight Meditech (China); Burtons Medical Equipment (UK); Eickemeyer Veterinary Equipment (UK); Masimo (US); ICU Medical (US); and Medtronic (Ireland) are some of the key players in the veterinary monitoring equipment market.
Research Coverage
This report studies the veterinary monitoring equipment market by type, target area, animal type, technology, end user, and region. It also covers the factors affecting market growth, analyzes the opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).
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