Global Animal Mental Health Monitoring Software Market (2021-2026) by Deployment, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Animal Mental Health Monitoring Software Market is estimated to be USD 91.5 Mn in 2021 and is expected to reach USD 132. 6 Mn by 2026, growing at a CAGR of 7.7%.



Market Dynamics

The major factors driving the growth of the global animal mental health monitoring software market are the constantly ever-increasing number of pets and domesticated animals and the rising adoption of companion animals and the usage of animals for other purposes such as protection and safety. In addition, the market for animal mental health monitoring software has grown due to initiatives done by various animal welfare organizations and the growing disposable income of individuals. Furthermost, the technological advancement bought in the market is expected to create more opportunities in the global animal mental health monitoring software market.

However, strict government regulation, lack of skill, and awareness on the use of such monitoring software and devices have restrained the market and creating some challenges for the global animal mental health monitoring software market.

Market Segmentation

The Global Animal Mental Health Monitoring Software Market is segmented further based on, Deployment, End User, and Geography.

By Deployment, the market is classified into on-cloud and on-premises. Amongst all, the on-cloud segment is estimated to hold the highest market share during the forecast period.

By End User, the market is classified as academic & research institutes, animal owners, and veterinarians. Amongst all, the Veterinarians segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Zoetis Acquires Performance Livestock Analytics to Expand Its Digital and Data Analytics Offering to Livestock Producers. - 8th April 2020.
2. MSD Animal Health acquires Poultry Sense Ltd., an innovator in health and environmental monitoring solutions for the poultry industry. - 25th February 2021.

Company Profiles

Some of the companies covered in this report are Afimilk Ltd, Fancom BV, Harvard Apparatus, Inc., etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Animal Mental Health Monitoring Software Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market