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Artificial Intelligence (AI) in Animal Health Global Market Report 2024

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    Report

  • 175 Pages
  • April 2024
  • Region: Global
  • The Business Research Company
  • ID: 5954513
The artificial intelligence (AI) in animal health market size has grown exponentially in recent years. It will grow from $1.21 billion in 2023 to $1.45 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%. The growth observed in the historical period can be attributed to several factors. These include the increasing adoption of AI across various applications, the availability of AI-based solutions in the market, strategic initiatives undertaken by key companies, rising expenditure on animal welfare, and the integration of AI technology into veterinary diagnostics processes.

The artificial intelligence (AI) in animal health market size is expected to see rapid growth in the next few years. It will grow to $2.98 billion in 2028 at a compound annual growth rate (CAGR) of 19.7%. The projected growth in the forecast period is expected to stem from various factors, notably the precision management of livestock and veterinary healthcare, the emergence of data-informed insights and innovative solutions, the implementation of remote monitoring and diagnosis capabilities, early disease detection, and anomaly identification. Additionally, proactive healthcare measures and personalized medicine approaches are anticipated to drive growth. Furthermore, significant trends anticipated in the forecast period include advancements in veterinary diagnostics, a notable uptick in the adoption of AI technologies within the industry, improved disease detection and monitoring capabilities, and an increasing emphasis on animal welfare and conservation efforts.

The upward trend in expenditure on animal health is set to drive the growth of the artificial intelligence (AI) in the animal health market in the foreseeable future. Expenditure on animal health encompasses the total investment made in maintaining and enhancing the health and well-being of animals. This expenditure is on the rise due to heightened awareness, a growing inclination towards pet humanization, and the increasing demand for advanced veterinary care services, including innovative technologies such as artificial intelligence. Pet owners with greater spending capacity can now access AI-powered telehealth services and remote monitoring solutions, enabling continuous health monitoring of their pets and virtual consultations with veterinarians. For instance, according to the American Pet Products Association, a US-based trade association representing the pet industry, Americans spent $136.8 billion on pet health in 2022, marking a 10.68% increase from the previous year ($123.6 billion). Notably, vet care services accounted for $35.9 billion. Therefore, the escalating expenditure on animal health is propelling the growth of the artificial intelligence (AI) in the animal health market.

Prominent companies operating in the artificial intelligence (AI) animal health market are actively developing advanced technologies such as AI solutions for cattle feed recommendations to enhance livestock nutrition and farm management practices. This technology aims to bolster the efficiency of livestock farming by customizing feed plans according to the specific needs of individual animals or groups, taking into account factors such as their age, weight, health status, and nutritional requirements. For instance, in January 2024, Precision Livestock Technologies, a US-based provider of software and hardware solutions for livestock feeding and health, introduced the first system utilizing artificial intelligence to predict cattle feed intake and provide feeding recommendations. This system generates daily quantitative feeding predictions based on hundreds of data points gathered from PLT's machine vision bunk management system and external data sources. It considers feeding rates, feeding times, feeding cycles, cattle behavior, ration type, weather, and other relevant factors to optimize cattle feed management.

In April 2021, Pathway Vet Alliance LLC, a veterinary management group based in the United States, successfully acquired Vetspire for an undisclosed sum. The primary objective of this acquisition was to leverage Vetspire's AI platform to enhance veterinary care within Pathway's hospitals. Notably, Vetspire retained its independence, continuing to serve both Pathway Vet Alliance and external hospitals. Vetspire, a US-based company, is recognized for providing an AI-driven cloud-based veterinary practice management platform.

Major companies operating in the artificial intelligence (ai) in animal health market are Microsoft Corporation, International Business Machines Corporation, Zoetis Inc., VCA Animal Hospitals Inc., IVC Evidensia, IDEXX Laboratories Inc., Merck Animal Health, Heska Corporation, Agria Pet Insurance, PrecisionHawk, SignalPET, ImpriMed Inc., PetPace Ltd., VetNOW, Shenzhen Mindray Animal Medical Technology Co. Ltd., EIO Diagnostics Inc., Connecterra, GuardianVets, Halter USA Inc., Petriage Inc., Moichor Inc., OneCup Al, AgGenetics Inc., IMV Technologies, Felcana, Vet-Al, Alpha Phenomics Inc.

North America was the largest region in the artificial intelligence (AI) in animal health market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (ai) in animal health market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the artificial intelligence (ai) in animal health market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Artificial intelligence (AI) in the realm of animal health encompasses the utilization of cutting-edge computational techniques to analyze, interpret, and enhance various facets of animal healthcare. This entails employing algorithms, machine learning, and data analytics to process extensive datasets concerning animal health and welfare.

The primary offerings in the field of artificial intelligence (AI) for animal health consist of hardware, software, and services. Hardware pertains to the tangible components of AI systems utilized in animal health, encompassing sensors, devices, and equipment responsible for gathering data from animals. These facilitate the application of AI algorithms for health monitoring and diagnostics. Under the technology category, one finds machine learning, natural language processing (NLP), computer vision, and other technologies tailored for different animal types such as companion animals and production animals. Applications are further categorized into areas such as diagnostics, identification, tracking, monitoring, and others, serving a diverse range of end users including veterinary clinics and hospitals, research institutions, and farms and livestock producers.

The artificial intelligence (AI) in animal health research report is one of a series of new reports that provides artificial intelligence (AI) in animal health market statistics, including the artificial intelligence (AI) in animal health industry's global market size, regional shares, competitors with an Artificial intelligence (AI) in animal health market share, detailed artificial intelligence (AI) in animal health market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence (AI) in animal health industry. This artificial intelligence (AI) in animal health market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The artificial intelligence (AI) in animal health market consists of revenues earned by entities by providing services such as telemedicine and remote monitoring, treatment planning and personalized medicine, data management and analytics, genomic analysis and breeding services, image analysis services. The market value includes the value of related goods sold by the service provider or included within the service offering. The artificial intelligence (AI) in animal health market also includes sales of diagnostic tools, treatment planning software, and telemedicine platforms. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Artificial Intelligence (AI) in Animal Health Market Characteristics3. Artificial Intelligence (AI) in Animal Health Market Trends and Strategies
4. Artificial Intelligence (AI) in Animal Health Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Artificial Intelligence (AI) in Animal Health Market Size and Growth
5.1. Global Artificial Intelligence (AI) in Animal Health Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Artificial Intelligence (AI) in Animal Health Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Artificial Intelligence (AI) in Animal Health Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Artificial Intelligence (AI) in Animal Health Market Segmentation
6.1. Global Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Hardware
  • Software and Services
6.2. Global Artificial Intelligence (AI) in Animal Health Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Machine Learning
  • Natural Language Processing (NLP)
  • Computer Vision
  • Other Technologies
6.3. Global Artificial Intelligence (AI) in Animal Health Market, Segmentation by Animal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Companion Animals
  • Production Animals
6.4. Global Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Diagnostics
  • Identification, Tracking, and Monitoring
  • Other Applications
6.5. Global Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Veterinary Clinics and Hospitals
  • Research Institutions
  • Farms and Livestock Producers
7. Artificial Intelligence (AI) in Animal Health Market Regional and Country Analysis
7.1. Global Artificial Intelligence (AI) in Animal Health Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Artificial Intelligence (AI) in Animal Health Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Artificial Intelligence (AI) in Animal Health Market
8.1. Asia-Pacific Artificial Intelligence (AI) in Animal Health Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Artificial Intelligence (AI) in Animal Health Market
9.1. China Artificial Intelligence (AI) in Animal Health Market Overview
9.2. China Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Artificial Intelligence (AI) in Animal Health Market
10.1. India Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Artificial Intelligence (AI) in Animal Health Market
11.1. Japan Artificial Intelligence (AI) in Animal Health Market Overview
11.2. Japan Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Artificial Intelligence (AI) in Animal Health Market
12.1. Australia Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Artificial Intelligence (AI) in Animal Health Market
13.1. Indonesia Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Artificial Intelligence (AI) in Animal Health Market
14.1. South Korea Artificial Intelligence (AI) in Animal Health Market Overview
14.2. South Korea Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Artificial Intelligence (AI) in Animal Health Market
15.1. Western Europe Artificial Intelligence (AI) in Animal Health Market Overview
15.2. Western Europe Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Artificial Intelligence (AI) in Animal Health Market
16.1. UK Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Artificial Intelligence (AI) in Animal Health Market
17.1. Germany Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Artificial Intelligence (AI) in Animal Health Market
18.1. France Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Artificial Intelligence (AI) in Animal Health Market
19.1. Italy Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Artificial Intelligence (AI) in Animal Health Market
20.1. Spain Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Artificial Intelligence (AI) in Animal Health Market
21.1. Eastern Europe Artificial Intelligence (AI) in Animal Health Market Overview
21.2. Eastern Europe Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Artificial Intelligence (AI) in Animal Health Market
22.1. Russia Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Artificial Intelligence (AI) in Animal Health Market
23.1. North America Artificial Intelligence (AI) in Animal Health Market Overview
23.2. North America Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Artificial Intelligence (AI) in Animal Health Market
24.1. USA Artificial Intelligence (AI) in Animal Health Market Overview
24.2. USA Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Artificial Intelligence (AI) in Animal Health Market
25.1. Canada Artificial Intelligence (AI) in Animal Health Market Overview
25.2. Canada Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Artificial Intelligence (AI) in Animal Health Market
26.1. South America Artificial Intelligence (AI) in Animal Health Market Overview
26.2. South America Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Artificial Intelligence (AI) in Animal Health Market
27.1. Brazil Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Artificial Intelligence (AI) in Animal Health Market
28.1. Middle East Artificial Intelligence (AI) in Animal Health Market Overview
28.2. Middle East Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Artificial Intelligence (AI) in Animal Health Market
29.1. Africa Artificial Intelligence (AI) in Animal Health Market Overview
29.2. Africa Artificial Intelligence (AI) in Animal Health Market, Segmentation by Solution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Artificial Intelligence (AI) in Animal Health Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Artificial Intelligence (AI) in Animal Health Market, Segmentation by End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Artificial Intelligence (AI) in Animal Health Market Competitive Landscape and Company Profiles
30.1. Artificial Intelligence (AI) in Animal Health Market Competitive Landscape
30.2. Artificial Intelligence (AI) in Animal Health Market Company Profiles
30.2.1. Microsoft Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. International Business Machines Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Zoetis Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. VCA Animal Hospitals Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. IVC Evidensia
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Artificial Intelligence (AI) in Animal Health Market Other Major and Innovative Companies
31.1. IDEXX Laboratories Inc.
31.2. Merck Animal Health
31.3. Heska Corporation
31.4. Agria Pet Insurance
31.5. PrecisionHawk
31.6. SignalPET
31.7. ImpriMed Inc.
31.8. PetPace Ltd.
31.9. VetNOW
31.10. Shenzhen Mindray Animal Medical Technology Co. Ltd.
31.11. EIO Diagnostics Inc.
31.12. Connecterra
31.13. GuardianVets
31.14. Halter USA Inc.
31.15. Petriage Inc.
32. Global Artificial Intelligence (AI) in Animal Health Market Competitive Benchmarking33. Global Artificial Intelligence (AI) in Animal Health Market Competitive Dashboard34. Key Mergers and Acquisitions in the Artificial Intelligence (AI) in Animal Health Market
35. Artificial Intelligence (AI) in Animal Health Market Future Outlook and Potential Analysis
35.1 Artificial Intelligence (AI) in Animal Health Market in 2028 - Countries Offering Most New Opportunities
35.2 Artificial Intelligence (AI) in Animal Health Market in 2028 - Segments Offering Most New Opportunities
35.3 Artificial Intelligence (AI) in Animal Health Market in 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Artificial Intelligence (AI) In Animal Health Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on artificial intelligence (AI) in animal health market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for artificial intelligence (AI) in animal health ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The artificial intelligence (AI) in animal health market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Solution: Hardware; Software And Services
2) By Technology: Machine Learning; Natural Language Processing (NLP); Computer Vision; Other Technologies.
3) By Animal Type: Companion Animals; Production Animals
4) By Application: Diagnostics; Identification, Tracking, And Monitoring; Other Applications
5) By End-Use: Veterinary Clinics And Hospitals; Research Institutions; Farms And Livestock Producers

Key Companies Mentioned: Microsoft Corporation; International Business Machines Corporation; Zoetis Inc.; VCA Animal Hospitals Inc.; IVC Evidensia

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Microsoft Corporation
  • International Business Machines Corporation
  • Zoetis Inc.
  • VCA Animal Hospitals Inc.
  • IVC Evidensia
  • IDEXX Laboratories Inc.
  • Merck Animal Health
  • Heska Corporation
  • Agria Pet Insurance
  • PrecisionHawk
  • SignalPET
  • ImpriMed Inc.
  • PetPace Ltd.
  • VetNOW
  • Shenzhen Mindray Animal Medical Technology Co. Ltd.
  • EIO Diagnostics Inc.
  • Connecterra
  • GuardianVets
  • Halter USA Inc.
  • Petriage Inc.
  • Moichor Inc.
  • OneCup Al
  • AgGenetics Inc.
  • IMV Technologies
  • Felcana
  • Vet-Al
  • Alpha Phenomics Inc.

Methodology

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Table Information