Pet Blood Pressure Monitoring Devices Market Growth & Trends:
The global pet blood pressure monitoring devices market is expected to reach USD 198.15 million by 2030 and is projected to grow at a CAGR of 6.74% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising incidences of pet hypertension coupled with pet expenditure and humanization are key growth drivers for this market.
Pet hypertension is on the rise, and obesity, typically a result of sedentary lifestyles and inadequate eating habits, is a key precursor. Several commercial pet foods possess high sodium content, which may contribute to increased blood volume and water retention. Furthermore, lack of activity intensifies the matter by affecting blood pressure (BP) regulation and cardiovascular health, particularly among indoor or confined pets. Although certain breeds of dogs, including Spitz, Shih Tzus, and Yorkshire Terriers, have a genetic vulnerability to hypertension, external stressors gradually elevate blood pressure.
Another driving factor for the market is the growing expenditure on pet health. According to a 2024 article published by Forbes Advisor, pet owners spend around USD 1,533 annually on their pets. Of these, veterinary care spending was estimated at around USD 680 annually. Furthermore, in a 2023 study by Alltech, pet owners from the U.S. spent around USD 1,200 on their pets. This analysis also highlighted that nearly 90% of pet parents put special emphasis on actively conducting health inspections of their pets.
These aspects demonstrate the extent to which pet owners regard the health of their animals. There is an evident demand for comprehensive pet healthcare solutions, considering the large spending on veterinary care and the emphasis on health assessment. The market for pet blood pressure monitors will profit directly from this trend, as pet owners look for innovative diagnostic devices for keeping an increased focus on their pet's well-being. The elevated yearly spending on pets implies a willingness to spend on healthcare expenditures, leading to increased adoption of blood pressure monitors, becoming a growing majority in veterinary facilities as well as for home care settings.
Pet Blood Pressure Monitoring Devices Market Report Highlights:
- By animal type, the dogs segment dominated the market in 2023 with a share of over 52%, owing to the widespread pet ownership worldwide and the proactive measures that owners take for their pets' health.
- In terms of product, the devices segment held the largest market share in 2023 owing torising demand for devices that can perform multiple functionalities, such as measuring, distributing, and recording data, including blood pressure, temperature, blood oxygen saturation level, etc.
- By measurement type, the non-invasive (NIBP) segment held the largest market share, over 64%, in 2023. This can be attributed to the fact that this method is more widely employed than invasive (arterial) measurement.
- By modality, the portable segment held the largest market share of over 67% in 2023. This can be due to the convenience, cost-effectiveness, and portability offered by these devices.
- By technology, the automatic segment held the largest market share in 2023 and the fastest CAGR over the forecast period, owing to its accuracy and swiftness of results.
- By end-use, the veterinary hospitals segment held the largest market share of over 51% in 2023, as they are the primary point of consultation and care delivery for pets.
- By region, North America held the largest share, over 34% of the global market in 2023. This growth results from the region's well-established veterinary healthcare infrastructure and vast awareness among pet owners about routine health monitoring of their pets.
- Factors such as the global upsurge in pet adoption and ownership, the increasing risk of hypertension among pets, the increase in expenditure on pet healthcare, and the rise in support initiatives are expected to drive market growth.
Table of Contents
Chapter 1. Research Methodology And Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Segment Definitions
- 1.1.2. Product
- 1.1.3. Technology
- 1.1.4. Measurement Type
- 1.1.5. Modality
- 1.2. Regional Scope
- 1.3. Estimates And Forecast Timeline
- 1.4. Objectives
- 1.4.1. Objective - 1
- 1.4.2. Objective - 2
- 1.4.3. Objective - 3
- 1.5. Research Methodology
- 1.6. Information Procurement
- 1.6.1. Purchased Database
- 1.6.2. GVR's Internal Database
- 1.6.3. Secondary Sources
- 1.6.4. Primary Research
- 1.7. Information Or Data Analysis
- 1.7.1. Data Analysis Models
- 1.8. Market Formulation & Validation
- 1.9. Model Details
- 1.9.1. Commodity Flow Analysis
- 1.9.2. Parent Market Analysis
- 1.10. List Of Secondary Sources
- 1.11. List Of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Pet BP Monitoring Devices Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Global Upsurge in Pet Adoption/Ownership
- 3.2.1.2. Increasing Risk of Hypertension among Pets
- 3.2.1.3. Rise in Expenditure on Pet Healthcare
- 3.2.1.4. Rising Support Initiatives
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Low Adoption among Veterinarians
- 3.2.2.2. Unreliable Accuracy of BP Monitors
- 3.2.2.3. Lack of Awareness
- 3.3. Pet BP Monitoring Devices Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Supplier Power
- 3.3.1.2. Buyer Power
- 3.3.1.3. Substitution Threat
- 3.3.1.4. Threat Of New Entrant
- 3.3.1.5. Competitive Rivalry
- 3.3.2. PESTEL Analysis
- 3.3.3. Pricing Analysis
- 3.3.4. COVID-19 Impact Analysis
Chapter 4. Pet BP Monitoring Devices Market: Animal Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Global Pet BP Monitoring Devices Market Movement Analysis
- 4.3. Pet BP Monitoring Devices Market Size & Trend Analysis, By Animal Type, 2018 - 2030 (USD Million)
- 4.3.1. Dogs
- 4.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.3.2. Cats
- 4.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 4.3.3. Others
- 4.3.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 5. Pet BP Monitoring Devices Market: Product Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Global Pet BP Monitoring Devices Market Movement Analysis
- 5.3. Pet BP Monitoring Devices Market Size & Trend Analysis, Product, 2018 - 2030 (USD Million)
- 5.3.1. Devices
- 5.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.3.1.2. Multiparameter Monitors
- 5.3.1.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.3.1.3. BP Monitoring Device
- 5.3.1.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 5.3.2. Consumables
- 5.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 6. Pet BP Monitoring Devices Market: Measurement Type Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Global Pet BP Monitoring Devices Market Movement Analysis
- 6.3. Pet BP Monitoring Devices Market Size & Trend Analysis, Measurement Type, 2018 - 2030 (USD Million)
- 6.3.1. Non-Invasive (NIBP)
- 6.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 6.3.2. Invasive (Arterial)
- 6.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 7. Pet BP Monitoring Devices Market: Modality Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Global Pet BP Monitoring Devices Market Movement Analysis
- 7.3. Pet BP Monitoring Devices Market Size & Trend Analysis, Modality, 2018 - 2030 (USD Million)
- 7.3.1. Benchtop
- 7.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 7.3.2. Portable
- 7.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 8. Pet BP Monitoring Devices Market: Technology Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Global Pet BP Monitoring Devices Market Movement Analysis
- 8.3. Pet BP Monitoring Devices Market Size & Trend Analysis, Technology, 2018 - 2030 (USD Million)
- 8.3.1. Aneroid
- 8.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 8.3.2. Automatic
- 8.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 9. Pet BP Monitoring Devices Market: End-use Estimates & Trend Analysis
- 9.1. Segment Dashboard
- 9.2. Movement Analysis
- 9.3. Pet BP Monitoring Devices Market Size & Trend Analysis, By End-use, 2018 - 2030 (USD Million)
- 9.3.1. Veterinary Hospitals
- 9.3.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 9.3.2. Veterinary Clinics
- 9.3.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
- 9.3.3. Other End-use
- 9.3.3.1. Market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 10. Pet BP Monitoring Devices Market: Regional Estimates & Trend Analysis, by Animal type, Product, Measurement Type, Modality, Technology, & End-use
- 10.1. Regional Dashboard
- 10.2. Market Size & Forecasts and Trend Analysis, 2018 to 2030
- 10.3. North America
- 10.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 10.3.2. U.S.
- 10.3.2.1. Key Country Dynamics
- 10.3.2.2. Competitive Scenario
- 10.3.2.3. U.S. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.3.3. Canada
- 10.3.3.1. Key Country Dynamics
- 10.3.3.2. Competitive Scenario
- 10.3.3.3. Canada Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4. Europe
- 10.4.1. UK
- 10.4.1.1. Key Country Dynamics
- 10.4.1.2. Competitive Scenario
- 10.4.1.3. UK Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.2. Germany
- 10.4.2.1. Key Country Dynamics
- 10.4.2.2. Competitive Scenario
- 10.4.2.3. Germany Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.3. France
- 10.4.3.1. Key Country Dynamics
- 10.4.3.2. Competitive Scenario
- 10.4.3.3. France Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.4. Italy
- 10.4.4.1. Key Country Dynamics
- 10.4.4.2. Competitive Scenario
- 10.4.4.3. Italy Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.5. Spain
- 10.4.5.1. Key Country Dynamics
- 10.4.5.2. Competitive Scenario
- 10.4.5.3. Spain Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.6. Sweden
- 10.4.6.1. Key Country Dynamics
- 10.4.6.2. Competitive Scenario
- 10.4.6.3. Russia Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.7. Denmark
- 10.4.7.1. Key Country Dynamics
- 10.4.7.2. Competitive Scenario
- 10.4.7.3. Sweden Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.4.8. Norway
- 10.4.8.1. Key Country Dynamics
- 10.4.8.2. Competitive Scenario
- 10.4.8.3. Netherlands Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5. Asia Pacific
- 10.5.1. Japan
- 10.5.1.1. Key Country Dynamics
- 10.5.1.2. Competitive Scenario
- 10.5.1.3. Japan Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5.2. India
- 10.5.2.1. Key Country Dynamics
- 10.5.2.2. Competitive Scenario
- 10.5.2.3. India Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5.3. China
- 10.5.3.1. Key Country Dynamics
- 10.5.3.2. Competitive Scenario
- 10.5.3.3. China Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5.4. South Korea
- 10.5.4.1. Key Country Dynamics
- 10.5.4.2. Competitive Scenario
- 10.5.4.3. South Korea Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5.5. Australia
- 10.5.5.1. Key Country Dynamics
- 10.5.5.2. Competitive Scenario
- 10.5.5.3. Australia Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.5.6. Thailand
- 10.5.6.1. Key Country Dynamics
- 10.5.6.2. Competitive Scenario
- 10.5.6.3. Thailand Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6. Latin America
- 10.6.1. Brazil
- 10.6.1.1. Key Country Dynamics
- 10.6.1.2. Competitive Scenario
- 10.6.1.3. Brazil Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6.2. Mexico
- 10.6.2.1. Key Country Dynamics
- 10.6.2.2. Competitive Scenario
- 10.6.2.3. Mexico Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.6.3. Argentina
- 10.6.3.1. Key Country Dynamics
- 10.6.3.2. Competitive Scenario
- 10.6.3.3. Argentina Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.7. MEA
- 10.7.1. South Africa
- 10.7.1.1. Key Country Dynamics
- 10.7.1.2. Competitive Scenario
- 10.7.1.3. South Africa Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.7.2. Saudi Arabia
- 10.7.2.1. Key Country Dynamics
- 10.7.2.2. Competitive Scenario
- 10.7.2.3. Saudi Arabia Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.7.3. UAE
- 10.7.3.1. Key Country Dynamics
- 10.7.3.2. Competitive Scenario
- 10.7.3.3. UAE Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 10.7.4. Kuwait
- 10.7.4.1. Key Country Dynamics
- 10.7.4.2. Competitive Scenario
- 10.7.4.3. Kuwait Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 11. Competitive Landscape
- 11.1. Market Participant Categorization
- 11.2. Participants Overview
- 11.3. Financial Performance
- 11.4. Product Benchmarking
- 11.5. Market Position Analysis, 2023 (Heat Map Analysis)
- 11.6. Strategy Mapping
- 11.6.1. Mergers And Acquisitions
- 11.6.2. Launch
- 11.6.3. Partnerships & Collaborations
- 11.6.4. Expansion
- 11.6.5. Others
- 11.7. Company Profiles
- 11.7.1. Suntech Medical
- 11.7.1.1. Participant's overview
- 11.7.1.2. Financial performance
- 11.7.1.3. Product benchmarking
- 11.7.1.4. Strategic initiatives
- 11.7.2. Contec Medical Systems Co., Ltd.
- 11.7.2.1. Participant's overview
- 11.7.2.2. Financial performance
- 11.7.2.3. Product benchmarking
- 11.7.2.4. Strategic initiatives
- 11.7.3. TooToo Meditech Co Ltd.
- 11.7.3.1. Participant's overview
- 11.7.3.2. Financial performance
- 11.7.3.3. Product benchmarking
- 11.7.3.4. Strategic initiatives
- 11.7.4. New Gen Medical
- 11.7.4.1. Participant's overview
- 11.7.4.2. Financial performance
- 11.7.4.3. Product benchmarking
- 11.7.4.4. Bruker Corporation
- 11.7.5. CardioCommand Inc.
- 11.7.5.1. Participant's overview
- 11.7.5.2. Financial performance
- 11.7.5.3. Product benchmarking
- 11.7.5.4. Strategic initiatives
- 11.7.6. Panlab, S.L.U
- 11.7.6.1. Participant's overview
- 11.7.6.2. Financial performance
- 11.7.6.3. Product benchmarking
- 11.7.6.4. Strategic initiatives
- 11.7.7. Baxter (Hillrom)
- 11.7.7.1. Participant's overview
- 11.7.7.2. Financial performance
- 11.7.7.3. Product benchmarking
- 11.7.7.4. Strategic initiatives
- 11.7.8. KeeboVet Veterinary Ultrasound Equipment
- 11.7.8.1. Participant's overview
- 11.7.8.2. Financial performance
- 11.7.8.3. Product benchmarking
- 11.7.8.4. Strategic initiatives
- 11.7.9. AD Instruments
- 11.7.9.1. Participant's overview
- 11.7.9.2. Financial performance
- 11.7.9.3. Product benchmarking
- 11.7.9.4. Strategic initiatives
- 11.7.10. Mindray Bio-Medical Electronics (Mindray Animal Care)
- 11.7.10.1. Participant's overview
- 11.7.10.2. Financial performance
- 11.7.10.3. Product benchmarking
- 11.7.10.4. Strategic initiatives
- 11.7.11. Midmark Corporation
- 11.7.11.1. Participant's overview
- 11.7.11.2. Financial performance
- 11.7.11.3. Product benchmarking
- 11.7.11.4. Strategic initiatives
- 11.8. List of Other Key Market Players
Chapter 12. Key Takeaways