Dublin, Aug. 23, 2021 (GLOBE NEWSWIRE) -- The "Global Animal Health Monitoring Software Market (2021-2026) by Deployment, End User, Animals and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Animal Health Monitoring Software Market is estimated to be USD 821.4 Mn in 2021 and is expected to reach USD 1200.7 Mn by 2026, growing at a CAGR of 7.89%.
Market Dynamics
The major factors driving the growth of the Global Animal Health Monitoring Software Market are the increase in the number of cattle and a greater focus on their health, significant cost savings associated with livestock monitoring management, technological advancements, and sensor technologies purchased by farmers to detect diseases and take corrective action.
Furthermore, the spread of viruses amongst animals such as bird flu and the concern of humans getting infected by eating those infected animals had made people more concerned about animal health leading to the market growth.
In addition, numerous initiatives and support offered by the government, other animal welfare organizations, and non-governmental organizations (NGOs) are expanding market prospects and creating more opportunities for market growth.
However, a shortage of skilled personnel to track animal behavior effectively using technology and the expensive costs associated with it, such as labor and maintenance costs, and strict government restrictions, are restraining and creating challenges for the growth of the market.
Some of the companies covered in this report are Carestream Health, Clientrax, Ezyvet Limited, Finnish Net Solutions, Firmcloud Corporation, Henry Schein, etc.
Market Segmentation
- By Deployment, the market is classified into on-cloud and on-premises. Amongst the two, 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, pet owners, and veterinarians. Amongst all, the Veterinarians segment is estimated to hold the highest market share during the forecast period.
- By Animals, the market is classified as cattle, poultry, swine, equine, and others. Amongst all, the Cattle 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
- IDEXX Launches Rapid Digital Cytology Service to further accelerate Delivery of Veterinary Healthcare. - 17th January 2020
- Nordhealth, Inc. Acquired Vetserve & Sanimalis to help expand their products and operations in Norway, Sweden, and Denmark and to gain great new team members - 7th October 2019.
Key Topics Covered:
1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Increasing Population of Livestock
4.1.2 Growing Cattle Health Problems
4.2 Restraints
4.2.1 Lack of Proper Regulations by Government
4.3 Opportunities
4.3.1 Technology Advancement in the Field
4.3.2 Increasing Research and Development of New Monitoring Software
4.4 Challenges
4.4.1 Technical Skilled Person Required
4.4.2 Lack of Awareness amongst People
4.5 Trends
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Animal Health Monitoring Software Market, By Deployment
6.1 Introduction
6.2 On Cloud
6.3 On-Premise
7 Global Animal Health Monitoring Software Market, By End User
7.1 Introduction
7.2 Academic & Research Institutes
7.3 Pet Owners
7.4 Veterinarians
8 Global Animal Health Monitoring Software Market, By Animal Type
8.1 Introduction
8.2 Cattle
8.3 Poultry
8.4 Swine
8.5 Equine
8.6 Others
9 Global Animal Health Monitoring Software Market, By Geography
9.1 Introduction
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
- Afimilk Ltd.
- Carestream Health
- Clientrax
- Ezyvet Limited
- Finnish Net Solutions
- MSD Animal Health
- Nordhealth
- Firmcloud Corporation
- Henry Schein
- Hippo Manager Software
- IDEXX Laboratories, Inc
- Merck & Co. Inc
- OERCA, LLC
- Stoelting Co.
- Patterson Companies
- Rex Animal Health Inc
- Timeless Veterinary Systems
- Vetter Software
- Via Information System
For more information about this report visit https://www.researchandmarkets.com/r/v3oi9e
