Veterinary Monitoring Equipment Market worth $1.03 billion by 2031
The report "Veterinary Monitoring Equipment Market by Type (Anesthesia Machine, Capnography System, ECG & Holter Monitoring, Telemetry, Vital Signs Monitor), Technology (Wireless Patient Monitor, Wired Monitoring System), End User – Global Forecast to 2031", 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 8.3% during the forecast period. The veterinary monitoring equipment market is projected to grow at a significant CAGR over the forecast period, driven by the rising incidence of chronic and age-related conditions in companion animals, broader adoption of continuous multiparameter monitoring during anesthetized procedures, and increasing owner willingness to pay for advanced diagnostic care. Demand for telemetry-linked monitoring is expected to accelerate as hospitals extend tracking into recovery and ward settings.
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“Multiparameter veterinary monitors segment is expected to account for the largest share of the veterinary monitoring equipment market during the forecast period.”
By type, the multiparameter veterinary monitors segment is expected to hold the largest share of the market in 2025. These monitors track ECG, SpO2, blood pressure, temperature, and respiration in a single unit, making them standard equipment in exam, treatment, surgery, and recovery areas across general and referral practices. The single-device design lowers equipment costs and training burden, and the replacement of older analog units with digital monitors is expected to keep this segment in the lead through 2031.
“Companion animals segment is projected to register the highest CAGR in the veterinary monitoring equipment market throughout the forecast period.”
By animal type, the companion animals segment is projected to hold both the largest share and the highest CAGR between 2026 and 2031. Rising dog and cat ownership, greater owner willingness to fund advanced care, and the growing incidence of age-related cardiac and renal disease in aging pets are prompting clinics to expand monitoring capacity for companion animal patients. Livestock monitoring remains a smaller share, concentrated in production and reproductive use cases.
“Asia Pacific is expected to register the highest CAGR in the veterinary monitoring equipment market during the forecast period.”
Asia Pacific is projected to grow at the highest CAGR from 2026 to 2031, the fastest among all regions in the report. China, India, and Japan are the main contributors, supported by rising pet ownership, expanding veterinary hospital infrastructure, and growing local manufacturing capacity for monitoring hardware. North America is expected to remain the largest regional market, driven by its large companion animal population and referral hospital network.
Leading players in the veterinary monitoring equipment market include Midmark Corporation (US), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Covetrus, Inc. (US), SunTech Medical, Inc. (US), Leading Edge Veterinary Equipment (US), Eickemeyer Veterinary Equipment Ltd. (UK), Nonin Medical, Inc. (US), Digicare Biomedical (US), Bionet Co., Ltd. (South Korea), EDAN Instruments, Inc. (China), Shenzhen Comen Medical Instruments Co., Ltd. (China), Guangdong Biolight Meditech Co., Ltd. (China), Vetland Medical Sales & Services LLC (US), Burtons Medical Equipment Ltd. (UK), and Avante Animal Health (US).
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