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With a projected 9.24% CAGR between 2023 and 2030, the worldwide pet diabetes care market is poised for rapid expansion from its 2022 valuation of $1.78 billion. The prevalence of various diseases and the increasing hazards to health, as well as the expanding number of pets, rising pet adoption, availability of pet diabetes care equipment, and so on, continue to be significant drivers of growth. Furthermore, important companies' initiatives and awareness programmes in response to the rising prevalence of chronic diseases like diabetes and cancer in dogs are also contributing to the expansion. One in every 300 dogs is afflicted with diabetes, according to a PetMD article published in April 2022. Diabetes is more common in dogs older than 7 years old and in overweight female dogs. Still, diabetes is a risk for several dog breeds. A few examples are the Australian Terrier, Bichon Frise, Keeshond, Labrador Retriever, Pug, Cairn Terrier, Samoyed, and Spitz.
With careful monitoring and medical attention, diabetic dogs and cats can enjoy normal lifespans. One of the most well-known metabolic illnesses in humans is diabetes mellitus, which has also been found in dogs and cats. A trip to the clinic is in order if you observe any drastic shifts in your pet's demeanour or weight. Diabetic dogs and cats typically need lifelong care consisting of a special diet, an exercise plan, and, in the case of dogs, daily insulin injections. The goal of treating pets with diabetes is to maintain blood sugar levels close to normal while preventing dangerous swings either way. Although diabetes is more prevalent in canines and felines than in people, atherosclerosis appears to be less common in canines and felines than in humans.
Help for Diabetic Pets The increasing prevalence of pet diabetes due to obesity worldwide is expected to drive the market to new heights between 2023 and 2032. Cats and dogs of all ages are susceptible to developing diabetes, but senior pets are more at risk. Most diabetic cats are above 6 years old, citing the American Veterinary Medical Association. Because diabetic pets require lifetime treatment with exercise plans, medicine, special diets, insulin, and other care, the market for such items and services is booming. Novel developments in pet diagnostics and treatments are establishing a solid foundation for the pet care sector as pet ownership becomes more commonplace. According to the European Pet Food Federation, over 90 million homes across Europe have pets. This accounts for roughly 46% of the total population of Europe. It is clear from these numbers that Europeans spend over €20 billion ($21 billion) annually on pet care items and services.
Pethealth, Inc. reports (September 20, 2019) that the adoption of dogs and cats in North America climbed by 5.2% in August, following a 3.2% increase in July. One sign of the evolving human-canine relationship in the United States is the elevated standard of control and care dog owners are giving their pets. Data collected by PetPoint over the past eight years suggests an uptick in adoptions over the last decade, which may have contributed to the recent declines in euthanasia rates across the United States, as reported by the Multidisciplinary Digital Publishing Institute (MDPI). Around or before 2010, adoptions became a factor driving further decrease in national shelter euthanasia. The percentage of intake that has been adopted has increased from 20% in 1984 to about 35% in 1991, then remained stable at 35% from 1991 to 2005, and then started rising and had reached 52% by 2016. These numbers are from the National Centre for Biotechnology Information at the U.S. National Library of Medicine. Strong expansion of the global pet adoption industry was driven by the aforementioned factors.
Report Coverage
Global Pet Diabetes Care research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Pet Diabetes Care report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Pet Diabetes Care competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Pet Diabetes Care market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Pet Diabetes Care market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Pet Diabetes Care market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Merck Animal Health; Zoetis; BD; Boehringer Ingelheim International GmbH; Trividia Health, Inc.; Allison Medical, Inc.; UltiMed, Inc.; ACON Laboratories, Inc.; i-SENS, Inc.; TaiDoc Technology Corporation
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Pet Diabetes Care market based on the below-mentioned segments:
Global Pet Diabetes Care Market, By Drug Type
Insulin Therapy
Oral Medication
Global Pet Diabetes Care market, By Animal Type
Canine
Feline
Others
Global Pet Diabetes Care Market, By End User
Veterinary Hospitals
Home Care
Veterinary Clinics
Global Pet Diabetes Care market, Regional Analysis
With careful monitoring and medical attention, diabetic dogs and cats can enjoy normal lifespans. One of the most well-known metabolic illnesses in humans is diabetes mellitus, which has also been found in dogs and cats. A trip to the clinic is in order if you observe any drastic shifts in your pet's demeanour or weight. Diabetic dogs and cats typically need lifelong care consisting of a special diet, an exercise plan, and, in the case of dogs, daily insulin injections. The goal of treating pets with diabetes is to maintain blood sugar levels close to normal while preventing dangerous swings either way. Although diabetes is more prevalent in canines and felines than in people, atherosclerosis appears to be less common in canines and felines than in humans.
Help for Diabetic Pets The increasing prevalence of pet diabetes due to obesity worldwide is expected to drive the market to new heights between 2023 and 2032. Cats and dogs of all ages are susceptible to developing diabetes, but senior pets are more at risk. Most diabetic cats are above 6 years old, citing the American Veterinary Medical Association. Because diabetic pets require lifetime treatment with exercise plans, medicine, special diets, insulin, and other care, the market for such items and services is booming. Novel developments in pet diagnostics and treatments are establishing a solid foundation for the pet care sector as pet ownership becomes more commonplace. According to the European Pet Food Federation, over 90 million homes across Europe have pets. This accounts for roughly 46% of the total population of Europe. It is clear from these numbers that Europeans spend over €20 billion ($21 billion) annually on pet care items and services.
Pethealth, Inc. reports (September 20, 2019) that the adoption of dogs and cats in North America climbed by 5.2% in August, following a 3.2% increase in July. One sign of the evolving human-canine relationship in the United States is the elevated standard of control and care dog owners are giving their pets. Data collected by PetPoint over the past eight years suggests an uptick in adoptions over the last decade, which may have contributed to the recent declines in euthanasia rates across the United States, as reported by the Multidisciplinary Digital Publishing Institute (MDPI). Around or before 2010, adoptions became a factor driving further decrease in national shelter euthanasia. The percentage of intake that has been adopted has increased from 20% in 1984 to about 35% in 1991, then remained stable at 35% from 1991 to 2005, and then started rising and had reached 52% by 2016. These numbers are from the National Centre for Biotechnology Information at the U.S. National Library of Medicine. Strong expansion of the global pet adoption industry was driven by the aforementioned factors.
Report Coverage
Global Pet Diabetes Care research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Pet Diabetes Care report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Pet Diabetes Care competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Pet Diabetes Care market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Merck Animal Health; Zoetis; BD; Boehringer Ingelheim International GmbH; Trividia Health, Inc.; Allison Medical, Inc.; UltiMed, Inc.; ACON Laboratories, Inc.; i-SENS, Inc.; TaiDoc Technology Corporation |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Pet Diabetes Care Market from 2021 to 2030.
- Market Forecast for Pet Diabetes Care Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Pet Diabetes Care competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Pet Diabetes Care
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Pet Diabetes Care market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Pet Diabetes Care market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Merck Animal Health; Zoetis; BD; Boehringer Ingelheim International GmbH; Trividia Health, Inc.; Allison Medical, Inc.; UltiMed, Inc.; ACON Laboratories, Inc.; i-SENS, Inc.; TaiDoc Technology Corporation
Primary Target Market
- Market Players of Pet Diabetes Care
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Pet Diabetes Care market based on the below-mentioned segments:
Global Pet Diabetes Care Market, By Drug Type
Insulin Therapy
Oral Medication
Global Pet Diabetes Care market, By Animal Type
Canine
Feline
Others
Global Pet Diabetes Care Market, By End User
Veterinary Hospitals
Home Care
Veterinary Clinics
Global Pet Diabetes Care market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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