Pet Diabetes Care Devices Market reaching US$ 4 billion by 2032 - Comprehensive Research Report by FMI

Pet Diabetes Care Devices Market By Animal Type (Cats, Dogs, and Horses), Device (Insulin Delivery Devices, Insulin Delivery Pen, Insulin Syringes and Glucose Monitoring Devices), End User (Veterinary clinics, Home Care Settings, Veterinary Hospitals) & Region - Forecast 2022 - 2032

Valley Cottage, New York, UNITED STATES

DUBAI, United Arab Emirates, March 04, 2022 (GLOBE NEWSWIRE) -- According to a recent study done by FMI, the pet diabetes care devices market is expected to reach US$ 3.90 billion by 2032, up from US$ 2 billion in 2021, expanding at a high CAGR of 6.6%. This study explains how the pet diabetes care devices market is directly proportional to an increased number of suffering pets and diabetes spreading amongst them. E.g., caring for a blind dog with diabetes.

Attributes Details
Pet Diabetes Care Devices Market CAGR (2022 – 2032)6.5% 
Pet Diabetes Care Devices Market (2032)US$ 4 Bn
Pet Diabetes Care Devices Market AttractionThe increasing obesity of pets as a result of fewer physical activities and major eating disorders are driving forces behind the development of pet diabetes care devices.

The domestication of animals is leading to a lack of insulin production in them. The limited flow of glucose to the cell can be termed diabetes. This chronic disease is a major concern for pet owners and needs to be taken care of. This concern leads to the expansion of the pet diabetes care devices market. Devices like the alphatrak blood glucose meter are in use as they help the pet owners monitor the pet’s health. 

Request for Report Sample -

The increased number of people adopting pets and then domesticating them around in their households, treating and caring for them as family members are some other factors for the proliferation of the pet diabetes care devices market. 

As diabetes is a chronic disease, the care devices are used for a lifetime for taking care of the pet. This leads to the high sales of structured devices and care units like dog fitness trainers, special diet consultants, and regular insulin injections. 

Effective diabetic care and management are important for the pet’s health. Stating American Pets Products Association, 90.5 Mn families have adopted a pet, increasing the amount of capital spent on a single pet for the healthcare and wellbeing of their beloved pet. 

“Limited amount of awareness of pet’s health and monitorization, poor management of pet’s having diabetes are some reasons that restrict the global market growth. This leads the pet to get indulged with other infections that harm their health and cause effects on; eyesight, liver, smelling abilities.”

Speak to our Research Expert:

Key Takeaway

  • With Covid-19 affecting the global supply and demand chains, the healthcare market is already affected. The pet care market, including the pet wellbeing care devices market, has seen a blow during the surge in the cases. 
  • The animal rights and pet rights organizations are working hand in hand in order to spread awareness about different diseases that pets deal with. The cure and care have been taught to the pet parents through online conferences during the pandemic. 
  • The global pet diabetes care devices market is segmented by device type, animal type, and end users. These segments perform differently in each marketing space. 
  • On the basis of device type, the global market is divided into Insulin Delivery Devices and Glucose Monitoring Devices. The leading segment is insulin delivery. E.g., Pet wellbeing sugar gold for dogs, Vetsulin for dogs and cats. On the basis of animal type, the market is segmented into Cats, Dogs, and Horses. The leading segment in the market is dogs, as they are domesticated the most in this category. Taking care of a diabetic dog needs plenty of care and regular check-ups from time to time.
  • On the basis of end-use, veterinary clinics, home care settings, and veterinary hospitals are the segments.

Buy Now Report Here -

Comparative View of the Adjacent Pet Diabetes Care Devices Market

AttributesPet Diabetes Care Devices MarketDiabetes Care Devices MarketVeterinary Reference Laboratory Market
6.5% 7% 11% 
Market Value
US$ 2.74 BnUS$ 28 BnUS$ 6.3 Bn
Growth FactorGrowing number of pets suffering from diabetes and improper biological response to it is driving the market growth.Availability of new insulin delivery systems are likely to drive the demand for diabetes care devices.Rapid increase in the population of companion animal and focus on pet insurance to govern growth.
OpportunityRising incidence of obesity in pets is likely to boost opportunities.Increasing prevalence of lifestyle-related disorders to boost demand for diabetes care devices.Untapped opportunities available in the emerging countries.
Key TrendsIncreasing expenditure in pet healthcare to remain a key trend in the market.Asia Pacific to remain the fastest-growing market.Agreements and partnerships with small and mid-sized players to be a way for inorganic growth.

Competitive Landscape

The global pet diabetes care devices market is dominated by Apotex Inc, Boehringer Ingelheim VetMedica Inc, Becton, Dickinson and Company, FitBark, Henery Schein Animal Health, Merck Animal Health, Ulticare, and TaiDoc. These companies are adopting new organic and inorganic plans to increase their stronghold in the pet diabetes care devices market. 

Lately, Merck Animal Health, Zoetis, and Purina are continuing the diabetes pet care alliance program. This involves alliances, aids, and pet screenings. 

Request Special Price for this Report to our Sales Executive@

Explore FMI’s Extensive ongoing Coverage on Healthcare Domain

Coronary Artery Bypass Graft (CABG) Market: The coronary artery bypass graft market size was valued at USD 16.5 billion in 2020 and is expected grow with a CAGR of 6.1% during the forecast period.

Nerve Monitoring Devices Market: The nerve monitoring devices market is likely to record a CAGR of 6.1% during the forecast period, up from US$ 1.1 Bn in 2021 to reach a valuation of US$ 1.7 Bn by 2026.

Magnetic Resonance Imaging (MRI) Market: The magnetic resonance imaging (MRI) market is projected to record a CAGR of 5.7% during the forecast period, up from US$ 7.9 Bn in 2021 to reach a valuation of US$ 12.2 Bn by 2028. 

Refractive Surgery Devices Market: With the increase in patient population suffering from refractive errors and an increased awareness in the treatment options, the global market for refractive surgery devices is expected to witness and healthy growth in the forecast years (2015-2025)

Biomedical Refrigerators and Freezers Market: The biomedical refrigerators and freezers market is projected to record a CAGR of 5.9% during the forecast period, up from US$ 3.2 Bn in 2020 to reach a valuation of US$ 6 Bn by 2031. 

Disposable Medical Sensors Market: The disposable medical sensors market is expected to grow at a CAGR of 8.1% over the forecast period, from USD 6.5 billion in 2021 to USD 9.4 billion in 2026.

Surgical Navigation System Market: The surgical navigation system market is projected to attain a CAGR of 6.2% during the forecast period, up from US$ 940 Mn in 2020 to reach a valuation of US$ 1,700 Mn by 2030. 

Artificial Pancreas Device System Market: During the forecast period, the artificial pancreas device system market is expected to advance at a rapid pace with a CAGR of 18.2%.

Therapeutic Drug Monitoring Market: The therapeutic drug monitoring market is projected to record a CAGR of 9.7% during the forecast period, up from US$ 1.5 Bn in 2020 to reach a valuation of US$ 2.9 Bn by 2026.

Pharmaceuticals Excipients Market: The pharmaceuticals excipients market is expected to register a CAGR of 6% during the forecast period, up from US$ 7.9 Bn in 2021 to reach a valuation of US$ 10.9 Bn by 2026.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries:
For Media Enquiries: