Pet Diabetes Care Devices Market was valued at USD 0.93 Billion in 2022 and is projected to reach USD 1.76 Billion by 2030, growing at a CAGR of 8.6% from 2024 to 2030.
The global pet diabetes care devices market has experienced significant growth between 2018 and 2022, driven by increased awareness of pet diabetes and advancements in technology. This market has witnessed substantial demand for products that help manage the condition in pets, such as glucose meters, insulin pumps, and continuous glucose monitoring systems. As the number of diabetic pets continues to rise, pet owners and veterinary professionals have increasingly relied on these devices for more effective management and treatment of the disease. The global market for pet diabetes care devices is estimated to have grown at a compound annual growth rate (CAGR) of 10% during this period. However, the market’s outlook from 2023 to 2033 is poised to experience even more rapid growth, driven by increasing technological innovation and the rising prevalence of diabetes among pets, particularly dogs and cats.
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The demand for diabetes care devices for pets, especially for monitoring glucose levels, has been increasing steadily due to the rising number of cases of pet diabetes. According to reports, an estimated 1 in 300 pets suffer from diabetes, with the majority of cases being seen in middle-aged to senior dogs and cats. The adoption of pet diabetes care devices has been primarily driven by pet owners' desire for better control over their pets' health, improved treatment outcomes, and more convenient monitoring methods. This has led to a wide range of devices entering the market, including glucose meters, insulin pumps, and continuous glucose monitoring systems, each designed to improve treatment and ease of use. The growing availability of these devices has been a game-changer for the pet diabetes market, enabling owners to monitor their pets’ blood sugar levels at home with greater accuracy.
As we move into the period from 2023 to 2033, the demand for pet diabetes care devices is expected to surge. This can be attributed to several factors, including the rising number of pet owners opting for home-based monitoring systems due to their convenience and affordability. Additionally, there is growing recognition of the importance of early diagnosis and continuous monitoring in managing pet diabetes, which is expected to fuel demand for related products. In particular, advancements in wearable devices and the integration of artificial intelligence for real-time data analysis are anticipated to drive market growth. More pet owners are expected to prioritize diabetes care due to the rising awareness of the condition and the benefits of early intervention. Furthermore, there is likely to be increased investment in research and development, as manufacturers look to develop more sophisticated, user-friendly devices that can be used in home settings.
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Allison Medical
Apotex Inc.
Boehringer Ingelheim Vetmedica Inc.
BD
Henry Schein Animal Health
Merck Animal Health
Ulticare
TaiDoc
Zoetis
FitBark
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pet Diabetes Care Devices Market
Cats
Dogs
Horses
Others
Based on Types the Market is categorized into Below types that held the largest Pet Diabetes Care Devices market share In 2023.
Insulin Delivery Pen
Insulin Syringes
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pet Diabetes Care Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pet Diabetes Care Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pet Diabetes Care Devices Market, By Type
6. Global Pet Diabetes Care Devices Market, By Application
7. Global Pet Diabetes Care Devices Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Pet Diabetes Care Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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