The interest in veterinary telehealth is expanding extensively on the back of the novel coronavirus pandemic. The growing investments and the expanding reach of veterinary telehealth technology will prove to be a prominent growth-generating factor for the market during the forecast period of 2020-2030.
With the intensifying concern regarding COVID-19 transmission, the use of telemedicine has become significant. Protection and monitoring of the health of the veterinary professionals is critical in the pandemic which has led to an increase in the demand for veterinary telehealth operations.
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Beneficial Advantages Bringing Good Growth Opportunities
The numerous advantages attached to the veterinary telehealth technology are adding extra stars of growth. Convenience is the biggest advantage that these telehealth services offer to pet owners. The time and money spent on taking the pet to a veterinary clinic is halved and proves to be a great growth-generating factor for the veterinary telehealth market.
In addition, connected health platforms offer access to many specialists from any part of the world. This aspect enables expert analysis for the pet. Thus, all these factors prove to be fruitful for the growth of the veterinary telehealth market.
A string of developments takes place across the veterinary telehealth market. These developments help in boosting the growth of the veterinary telehealth market. Here are some prominent developments.
- Hello Ralphie, a marketplace that connects owners with veterinary professionals recently raised US$ 1.135 mn for expanding its veterinary telehealth portfolio.
- Petriage, a leading pet health tech company recently introduced pet curbside check-in, 24hr live triage consultation, and a simplified billing interface.
- Hill’s Pet Nutrition has forged a partnership with Smart.Vet and myVETstore to develop a good virtual care interface for pet owners.
- Airvet recently collaborated with MWI Animal Health to offer connected care for MWI’s client veterinary clinics.
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