Telemedicine refers to the practice of veterinary medicine (advice, diagnosis, and treatment), which occurs at a distance using telecommunication between a veterinarian and an animal owner. In other words, telemedicine is a veterinary medical practice tool, and involves medical information regarding a patient's clinical health status communicated via electronic methods. Telemedicine does not replace current veterinary medicine practice but is a complementary tool. A valid veterinary-client-patient relationship (VCPR) must exist and all the other regulatory requirements, such as informed consent, must be followed to allow a veterinarian to diagnose and treat a patient via telemedicine.
Market Dynamics
Key players operating in the global veterinary telemedicine market are focusing on adoption of growth strategies such as product launches and acquisition, which is expected to drive the market growth during the forecast period. For instance, in November 2020, FirstVet developer of an online veterinary platform designed to provide advice on animal health and well-being, announced the launch of telemedicine service in the U.S. The video-based on application consultation platform is expected to be able to connect pet owners to a FirstVet veterinarian in the U.S. Moreover, in May 2021, Vetster, a Toronto-based company, raised a total of US$ 10.12 million six months after launching its veterinary telemedicine service. The investment will be used to fuel the company’s growth and expand its preventive and urgent care services, including a new mobile app for iOS and Android.
Key features of the study:
- This report provides in-depth analysis of the global veterinary telemedicine market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global veterinary telemedicine market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Agora.io, Anipanion, Linkyvet, Oncura Partners, TeleVet, Vetchat, VetCT., Vetoclock, WellHaven Pet Health, Petriage, PawSquad, and Petpro Connect
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global veterinary telemedicine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global veterinary telemedicine market
Detailed Segmentation:
- Global Veterinary Telemedicine Market, By Type:
- By Telephone
- By Internet
- Other
- Global Veterinary Telemedicine Market, By Application:
- Radiographic Reporting
- CT Reporting
- X-Ray & PACS Advice
- MRI Reporting
- Other
- Global Veterinary Telemedicine Market, By Region:
- North America
- By Type
- By Telephone
- By Internet
- Other
- By Application
- Radiographic Reporting
- CT Reporting
- X-Ray & PACS Advice
- MRI Reporting
- Other
- By Country
- Latin America
- By Type
- By Telephone
- By Internet
- Other
- By Application
- Radiographic Reporting
- CT Reporting
- X-Ray & PACS Advice
- MRI Reporting
- Other
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Type
- By Telephone
- By Internet
- Other
- By Application
- Radiographic Reporting
- CT Reporting
- X-Ray & PACS Advice
- MRI Reporting
- Other
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Type
- By Telephone
- By Internet
- Other
- By Application
- Radiographic Reporting
- CT Reporting
- X-Ray & PACS Advice
- MRI Reporting
- Other
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Type
- By Telephone
- By Internet
- Other
- By Application
- Radiographic Reporting
- CT Reporting
- X-Ray & PACS Advice
- MRI Reporting
- Other
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Type
- By Telephone
- By Internet
- Other
- By Application
- Radiographic Reporting
- CT Reporting
- X-Ray & PACS Advice
- MRI Reporting
- Other
- By Region/Country
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Agora.io *
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Anipanion
- Linkyvet
- Oncura Partners
- TeleVet
- Vetchat
- VetCT
- Vetoclock
- WellHaven Pet Health
- Petriage
- PawSquad
- Petpro Connect
“*” marked represents similar segmentation in other categories in the respective section.
