Artificial Intelligence (AI) in Animal Health Market (By Solution: Hardware, Software & Services; By Application: Diagnostics, Identification, Tracking, and Monitoring, Others; By Animal Type: Companion Animals, Production Animals) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032


The global artificial intelligence (AI) in animal health market size was estimated at USD 0.99 billion in 2022 and is projected to hit around USD 5.76 billion by 2032, growing at a CAGR of 19.30% during the forecast period from 2023 to 2032.

Artificial Intelligence (AI) in Animal Health Market Size 2023 To 2032

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Key Takeaways

  • By region, North America contributed more than 35% of revenue share in 2022. On the other hand, Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
  • By solution, the hardware segment has held the largest market share of 64% in 2022. Meanwhile, the software and services segment is anticipated to grow at a remarkable CAGR of 20.8% between 2023 and 2032.
  • By application, the diagnostics segment generated over 50% of revenue share in 2022. Whereas the other segment is expected to expand at the fastest CAGR over the projected period.
  • By animal type, the companion animal segment had the largest market share of 71% in 2022. On the other hand, the production segment is expected to expand at the fastest CAGR over the projected period.

Artificial Intelligence (AI) in Animal Health Market Overview

Artificial intelligence in animal health market pertains to the utilization of cutting-edge computational methods, such as machine learning and data analysis, to augment the diagnosis, treatment, and supervision of animal well-being. AI applications in this domain encompass diverse facets, including the identification of diseases, ongoing monitoring, and forecasting, as well as the precision management of livestock and veterinary healthcare. These technologies offer heightened precision and effectiveness in animal healthcare, resulting in superior outcomes, reduced expenses, and more environmentally sustainable agricultural practices. The AI in animal health market is swiftly progressing, fueled by the growing demand for data-informed insights and inventive solutions within the veterinary and agricultural sectors.

Artificial Intelligence (AI) in Animal Health Market in the U.S. 2023 To 2032

The U.S. artificial intelligence (AI) in animal health market size was valued at USD 0.21 billion in 2022 and is expected to reach around USD 1.21 billion by 2032, poised to grow at a CAGR of 19.30% during the forecast period from 2023 to 2032.

U.S. Artificial Intelligence (AI) in Animal Health Market Size 2023 To 2032


North America has held largest revenue share 35% in 2022.
North America commands a substantial share of artificial intelligence (AI) in animal health market due to several key factors. The region boasts advanced technological infrastructure, a robust healthcare ecosystem, and a strong emphasis on animal welfare. These factors have facilitated the rapid adoption of AI solutions in veterinary care and animal agriculture. Additionally, the presence of prominent AI technology providers, research institutions, and government support has further accelerated the market's growth. North America's early recognition of the potential benefits of AI in animal health positions it as a dominant player in this evolving market.

Artificial Intelligence (AI) in Animal Health Market Share, By Region, 2022 (%)


Asia-Pacific is estimated to observe the fastest expansion.
The region's dominant growth in artificial intelligence (AI) in animal health market is underpinned by several crucial elements. To begin, it boasts some of the globe's most extensive agricultural sectors, particularly in terms of livestock farming. This is further accentuated by the region's burgeoning population and the escalating demand for animal-based products, necessitating more effective animal health management. Additionally, the Asia-Pacific region exhibits a growing penchant for embracing cutting-edge technologies, including AI, driven by its commitment to agricultural innovation and sustainable practices. These collective dynamics firmly establish the region as a prominent and influential player in the AI in animal health market, contributing significantly to its sizeable market growth.

Growth Factors

  • As the global population burges, the quest for efficient and sustainable food production intensifies. AI in animal health emerges as a pivotal player in precision agriculture by optimizing aspects like feeding, disease control, and reproductive cycles. AI-infused solutions adeptly scrutinize data from diverse sensors, ensuring tailored nutrition, diminished waste, and augmented animal well-being.
  • AI empowers the early detection of animal ailments and health issues. Machine learning models adeptly process voluminous data encompassing genetic, environmental, and behavioral elements to unearth patterns indiscernible to the human eye. This translates to swift interventions, diminished treatment expenses, and healthier animal populations.
  • The proliferation of telemedicine in veterinary care, especially in remote locales, is unmistakable. AI facilitates remote monitoring via wearable devices and IoT sensors, which collect real-time vital signs and behavioral data. This equips veterinarians to offer on-the-spot assessments and guidance, fostering improved animal healthcare access.
  • The surfeit of data in animal agriculture mandates sophisticated analytics. AI possesses the acumen to process and scrutinize this avalanche of data, providing insights into animal behavior, health trends, and environmental dynamics. This insight empowers farmers with informed decisions to optimize production and curtail expenses.
  • Governments and regulatory bodies are steadily acknowledging AI's pivotal role in animal health. They are promulgating data management and animal welfare standards. AI reinforces adherence to these regulations, ensuring animals are treated as per stipulations, thereby averting legal entanglements and business reputation crises.
  • The AI in animal health sector is witnessing substantial investment and research fervor. This spurs the development of more sophisticated and specialized solutions such as AI-driven surgical robotics, disease diagnosis through image recognition, and predictive models for animal health prognosis.
  • The ecological footprint of animal agriculture is a growing apprehension. AI strides to optimize resource allocation, diminish waste, and reduce the carbon footprint of animal farming. Sustainable practices are not just ecologically responsible but also resonate with consumers, conferring competitive advantages.
  • Consumers are increasingly fixated on animal welfare in the food production pipeline. AI is instrumental in addressing these qualms by assuring humane animal treatment, proper care, and ethical practices. Upholding ethical considerations cultivates brand loyalty and augments consumer trust.

Artificial Intelligence (AI) in Animal Health Market Scope

Report Coverage Details
Growth Rate from 2023 to 2032 CAGR of 19.30%
Market Size in 2023 USD 1.18 Billion
Market Size by 2032 USD 5.76 Billion
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Solution, By Application, and By Animal Type
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa


Market Dynamics

Driver

Disease detection and prevention

The catalytic influence of disease detection and prevention on propelling the growth of artificial intelligence (AI) in animal health market is undeniable. AI is at the forefront of transforming animal healthcare by enabling swift, precise, and early identification of diseases and health anomalies in animals. Through the utilization of machine learning algorithms, AI can meticulously analyze extensive and multifaceted datasets, incorporating genetic, environmental, and behavioral parameters, to discern subtle patterns and irregularities that often elude human observation. This proficiency results in timely interventions and preemptive strategies, alleviating the financial burden of treatment costs and minimizing the distress experienced by animals.

The amalgamation of AI-driven diagnostic tools and prognostic models not only elevates the general health and welfare of animals but also augments the efficiency and sustainability of animal agriculture. Consequently, the demand for AI in animal health is skyrocketing, with farmers, veterinarians, and animal health practitioners acknowledging the immense worth of these technologies in safeguarding animal populations, mitigating economic losses, and ensuring the ethical treatment of animals. This collective impetus drives the market's expeditious expansion.

Restraint

Limited adoption in developing regions

The limited adoption of artificial intelligence in animal health in developing regions stands as a formidable restraint on the market's growth. While AI technologies offer substantial benefits, including disease detection, precision livestock farming, and enhanced animal well-being, the adoption rate in these regions remains sluggish due to several critical factors. Firstly, the cost associated with acquiring and implementing AI systems poses a significant barrier. Many small-scale farmers in developing regions may lack the financial resources to invest in these advanced technologies. Additionally, the lack of adequate infrastructure, including reliable internet connectivity and data storage facilities, hampers the effective deployment of AI solutions.

Furthermore, there may be a shortage of technical expertise and training in AI applications. Farmers and veterinary professionals in these regions may require education and training to harness the full potential of these technologies. The regulatory environment may also be less accommodating or clear, leading to uncertainty and reluctance to adopt AI in animal health practices. In summary, the limited adoption of AI in animal health in developing regions is primarily due to financial constraints, infrastructure deficiencies, a lack of technical expertise, and regulatory uncertainties, collectively constraining the market's growth potential in these areas.

Opportunity

Remote monitoring and telehealth

Remote monitoring and telehealth are pivotal in creating compelling opportunities within artificial intelligence (AI) in animal health market. These technologies offer real-time, remote access to animal health data, enabling veterinarians and farmers to monitor animals' vital signs and behavior, diagnose issues, and administer timely care from afar. AI plays a central role by processing the wealth of data generated by these systems, making rapid and accurate assessments. The opportunities extend to improved animal health management, especially in large-scale or geographically dispersed farming operations, where the ability to remotely monitor and diagnose issues can significantly reduce the logistical challenges associated with on-site inspections.

Furthermore, the integration of AI enhances the predictive capabilities, offering opportunities for early disease detection and precise treatment recommendations, ultimately leading to healthier animal populations, reduced losses, and enhanced operational efficiency, positioning the AI in animal health market as a catalyst for transformative change in the animal agriculture industry.

Impact of COVID-19

In the wake of the COVID-19 pandemic, the adoption of remote monitoring and telehealth technologies within the AI in animal health market has experienced swift growth. With restrictions on face-to-face interactions and veterinary care, the demand for remote solutions became evident. This accelerated the development of telehealth services for animal care, integrating them with AI technologies. Veterinarians and animal health professionals have increasingly turned to remote monitoring devices and telemedicine platforms to diagnose, treat, and oversee animals, ensuring their well-being while minimizing human contact. This trend is projected to continue as it offers both convenience and safety for animal health practitioners and pet owners.

The pandemic heightened concerns regarding zoonotic diseases and the necessity for improved disease monitoring in animals. AI-based systems have been enlisted to monitor animals for potential disease outbreaks and forecast the spread of diseases. Swift identification and response to health issues in animals are vital for animal welfare and public health. The pandemic has stimulated investment in AI solutions that provide early detection and predictive modeling for animal diseases, establishing it as a critical component of animal health management.

The pandemic laid bare vulnerabilities in the animal agriculture supply chain and underscored labor shortages. AI solutions have been harnessed to optimize logistics within the supply chain and automate certain processes. Robotics and AI-driven systems are being deployed in agriculture and animal farming to reduce dependence on human labor. This not only enhances operational efficiency but also curtails the risk of disease transmission among workers. Consequently, AI adoption in animal health has surged as part of a broader strategy to fortify the supply chain's resilience and minimize reliance on manual labor.

The urgency of the pandemic has accelerated research and innovation in the AI in animal health market. The imperative to address animal health concerns and their implications for human health has catalyzed heightened funding and collaboration in this domain. Researchers and technology providers are crafting advanced AI models and diagnostic tools to gain deeper insights into and better manage animal health. The pandemic has underscored the significance of proactive disease monitoring, animal welfare, and the prevention of zoonotic diseases. These advancements are poised to exert a long-lasting influence on the AI in animal Health market, with novel solutions and technologies continually emerging in response to these challenges.

Solution Insights

According to the solution, the hardware segment has held 64% revenue share in 2022. The hardware segment claims a substantial share in the Artificial Intelligence (AI) in animal health market primarily due to its fundamental role in facilitating the implementation and effectiveness of AI solutions. Hardware components, encompassing sensors, cameras, and monitoring tools, play a pivotal role in gathering and transmitting essential data. These devices furnish real-time information sourced from animals, including vital statistics and behavioral patterns, which serves as the cornerstone for AI-powered analytics and decision support. With the increasing adoption of AI in animal health, there is a growing demand for durable, dependable, and seamlessly integrated hardware solutions, consolidating the hardware segment's prominent position within the market.

The software and services segment is anticipated to expand at a significantly CAGR of 20.8% during the projected period. The software and services segment commands a significant share in artificial intelligence (AI) in animal health market due to its pivotal role in providing the technological support for AI adoption. AI applications for animal health heavily rely on sophisticated software, including data analytics, machine learning algorithms, and cloud-based solutions, to process vast datasets and deliver actionable insights. Services, such as consulting, training, and support, are essential for assisting farmers and veterinary professionals in effectively implementing and utilizing AI technologies. As a result, the software and services segment plays a crucial role in enabling the successful integration of AI in animal health practices, driving its major market share.

Application Insights

Based on the application, the diagnostics segment is anticipated to hold the largest market share of 50% in 2022. The diagnostics segment holds a major share in artificial intelligence (AI) in animal health market due to its critical role in enhancing disease detection and prevention. AI-powered diagnostics offer swift, accurate, and cost-effective identification of health issues in animals, reducing treatment expenses and ensuring early interventions. This not only leads to improved animal welfare but also minimizes economic losses in the animal agriculture sector. The high demand for precise and efficient diagnostic tools, driven by the need to safeguard animal populations and maintain production efficiency, cements the diagnostics segment's dominant position in the AI in animal health market.

On the other hand, the other segment is projected to grow at the fastest rate over the projected period. The other segment holds a major growth in artificial intelligence (AI) in animal health market due to its diverse and expansive applications. This category encompasses a wide range of AI applications, including genetic analysis, reproductive health monitoring, and behavior prediction, among others. These versatile AI solutions cater to various needs across the animal health industry, making them highly adaptable to different scenarios. Moreover, as the AI in animal health market continues to evolve, this segment is continually expanding and innovating, contributing to its significant growth in the overall market, driven by the demand for comprehensive and specialized solutions.

Animal Type Insights

In 2022, the companion animal segment had the highest market share of 71% on the basis of the Animal type. The companion animal segment holds a significant share in artificial intelligence (AI) in animal health market due to a combination of factors. Firstly, there is a growing trend of pet ownership, leading to increased demand for advanced healthcare solutions for these animals. Additionally, the emotional attachment of pet owners to their companion animals drives investment in AI technologies for their well-being. Moreover, companion animal health is often more accessible for technology adoption and implementation compared to the broader livestock sector. These factors collectively contribute to the prominence of the companion animal segment in the AI in animal health market.

Artificial Intelligence (AI) in Animal Health Market Share, By Animal Type, 2022 (%)


The production animal segment is anticipated to expand at the fastest rate over the projected period.
The growth of the production animal segment, encompassing livestock like cattle, poultry, and swine, within the artificial intelligence (AI) in animal health market, can be attributed to its substantial scale and economic significance. Production animals play a pivotal role in global food production, and ensuring their health and management is essential for the agricultural sector. AI technologies provide effective solutions for disease identification, monitoring, and the optimization of production processes, resulting in heightened efficiency and increased yields. Consequently, the production animal sector retains a prominent position in the AI in animal health market, driven by its substantial economic impact and the imperative for sustainable and effective food production.

Recent Developments

  • In April 2022, Zoetis bolstered its Vetscan Imagyst portfolio by incorporating artificial intelligence-powered blood smear testing, a valuable tool for veterinarians to efficiently diagnose pets with hematologic issues.
  • Additionally, FidoCure, an exemplar of One Health Company (OHC), undertook canine DNA sequencing, pinpointing genetic mutations, and generating personalized DNA reports. This innovative approach empowers veterinary professionals to recommend precise therapeutic interventions through AI-informed decision-making.

Artificial Intelligence (AI) in Animal Health Market Players

  • Zoetis
  • IDEXX Laboratories
  • IBM
  • Microsoft
  • Antelliq Corporation
  • VCA Animal Hospitals
  • AniCura
  • Mindray
  • Evidensia
  • Agria Pet Insurance
  • PetPace
  • VioVet
  • Felcana
  • Nexvet
  • Heska

Segments Covered in the Report

By Solution

  • Hardware
  • Software & Services

By Application

  • Diagnostics
  • Identification, Tracking, and Monitoring
  • Others

By Animal Type

  • Companion Animals
  • Production Animals

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

What is the artificial intelligence (AI) in animal health market size?
The global artificial intelligence (AI) in animal health market size is expected to increase USD 5.76 billion by 2032 from USD 0.99 billion in 2022.
What will be the CAGR of global artificial intelligence (AI) in animal health market?
The global artificial intelligence (AI) in animal health market will register a growth rate of 19.30% between 2023 and 2032.
Who are the prominent players operating in artificial intelligence (AI) in animal health market?
The major players operating in artificial intelligence (AI) in animal health market are Zoetis, IDEXX Laboratories, IBM, Microsoft, Antelliq Corporation, VCA Animal Hospitals, AniCura, Mindray, Evidensia, Agria Pet Insurance, PetPace, VioVet, Felcana, Nexvet, Heska and Others.
Which are the driving factors of artificial intelligence (AI) in animal health market?
The driving factors of the artificial intelligence (AI) in animal health market are disease detection and prevention.
Which region will lead the global artificial intelligence (AI) in animal health market?
North America region will lead the global artificial intelligence (AI) in animal health market during the forecast period 2023 to 2032.

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