Pet Diabetes Care Market Size, Share, Growth, Report 2032

Pet Diabetes Care Market

Pet Diabetes Care Market By Devices Type (Insulin Delivery Devices and Glucose Monitoring Devices), By Animal (Horses, Dogs, and Cats), By End User (Veterinary Hospitals, Home Care, and Veterinary Clinics), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032

Category: Healthcare Report Format : PDF Pages: 210 Report Code: ZMR-5129 Published Date: Jun-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 1833.52 Million USD 3259.12 Million 6.6% 2023

Pet Diabetes Care Market: Industry Perspective

The global pet diabetes care market size was worth around USD 1833.52 Million in 2023 and is predicted to grow to around USD 3259.12 Million by 2032 with a compound annual growth rate (CAGR) of roughly 6.6% between 2024 and 2032. The report analyzes the global pet diabetes care market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the pet diabetes care industry.

Global Pet Diabetes Care Market SizeRequest Free Sample

The report covers forecasts and analyses for the pet diabetes care market on a global and regional level. The study provides historical data from 2018 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes drivers and restraints for the pet diabetes care market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the pet diabetes care market on a global as well as regional level.

In order to give the users of this report a comprehensive view of the pet diabetes care market we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein device type and services segment are benchmarked based on their market size, growth rate and general attractiveness.

The report provides a company market share analysis in order to give a broader overview of the key players in the pet diabetes care market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new device type launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the pet diabetes care market on a global and regional basis.

Pet Diabetes Care Market: Overview

Diabetes is a medical condition that arises when the body cannot utilize glucose. Diabetes occurs most commonly in older pets. However, some younger and pregnant pets are also susceptible to diabetes. Dogs and cats are at a higher risk of diabetes. Diabetes arises in female dogs twofold as frequently as in male dogs. Some breeds of dogs may be prone to diabetes.

Pet Diabetes Care Market: Dynamics

Factors such as the growing rate of diabetes diagnosis in pets, technological advancements in pet diabetes treatment, and increasing awareness will act as major driving factors in the growth of the global pet diabetes care market. Increased research and development activity and the launch of new products will present an opportunity for the market players in the pet diabetes care market.

Nonetheless, some side effects related to diabetes medication in pets and lack of awareness and low animal healthcare expenditure in developing regions will restrict the growth of the global pet diabetes care market.

Pet Diabetes Care Market: Segmentation Analysis

The global pet diabetes care market has been split into device type, animal, end-user, and region.

Based on device type, the pet diabetes care market has been segmented into insulin delivery devices and glucose monitoring devices. The insulin delivery devices segment accounted for the highest market share in 2023 owing to high pet adoption.

The animal segment has been divided into horses, dogs, and cats. The dogs segment accounted for the highest market share in 2023 owing to growing cases of obesity in dogs.

The end-user segment has been divided into veterinary hospitals, home care, and veterinary clinics. The veterinary hospitals segment accounted for the highest market share in 2023 due to an increasing preference for veterinary hospitals among pet owners.

Pet Diabetes Care Market: Report Scope

Report Attributes Report Details
Report Name Pet Diabetes Care Market
Market Size in 2023 USD 1833.52 Million
Market Forecast in 2032 USD 3259.12 Million
Growth Rate CAGR of 6.6%
Number of Pages 210
Key Companies Covered Merck, Zoetis, TaiDoc, Allison Medical, Ulticare, Boehringer Ingelheim Vetmedica Inc., and Bayer among others
Segments Covered By Devices, By Animal, By End User and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Pet Diabetes Care Market: Regional Analysis

North America will be the leading region during the forecast period. The U.S. accounted for the highest share in the North American region due to high pet adoption, the presence of major market players, and the high obesity rate among pets in the region. Europe is likely to be the succeeding key market. The crucial reasons are the increasing trend of companion animals and high investment in research and development by major market players.

Asia Pacific will develop at the highest growth rate owing to growing veterinary healthcare expenditure and increasing pet adoption. Latin America region will propagate at a noteworthy rate through the assessment time. Middle East & Africa will show positive advancement in the projected time frame.

Pet Diabetes Care Market: Competitive Analysis

Some of the major players in the global pet diabetes care market include:

 

  • Merck
  • Zoetis
  • TaiDoc
  • Allison Medical
  • Ulticare
  • Boehringer Ingelheim Vetmedica Inc.
  • Bayer

This report segments the Global Pet Diabetes Care Market as follows:

By Devices Type Analysis

  • Insulin Delivery Devices
  • Glucose Monitoring Devices

By Animal Analysis

  • Horses
  • Dogs
  • Cats

By End User Analysis

  • Veterinary Hospitals
  • Home Care
  • Veterinary Clinics

By Region Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Pet diabetes care involves managing a pet's blood sugar levels through a combination of diet, exercise, and medication. It requires regular monitoring of blood glucose levels, insulin administration (if necessary), and close collaboration with a veterinarian. 
 

According to a study, the global pet diabetes care market size was worth around USD 1833.52 million in 2023 and is expected to reach USD 3259.12 million by 2032.
 

The global pet diabetes care market is expected to grow at a CAGR of 6.6% during the forecast period.
 

North America is expected to dominate the pet diabetes care market over the forecast period.
 

Leading players in the global pet diabetes care market include Merck, Zoetis, TaiDoc, Allison Medical, Ulticare, Boehringer Ingelheim Vetmedica Inc., and Bayer, among others.

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