Latest News- AI In Animal Health Market: Hardware is expected to lead the Component segment during 2025-2029

The AI In Animal Health Market is being driven by Imperative for precision livestock farming and enhanced food security

The AI In Animal Health Market is expected to grow at a CAGR of 28.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3669 million. In the animal health market, the integration of artificial intelligence (AI) into diagnostic imaging workflows represents a significant trend transforming the veterinary landscape. No longer a niche technology, AI-driven analysis of radiographs, cytopathology slides, and other medical images is increasingly becoming the standard of care. This trend encompasses the application of advanced machine learning algorithms, such as deep learning and convolutional neural networks, which are trained on extensive, curated datasets of veterinary images. These systems can identify subtle disease indicators that may be difficult for the human eye to detect, thereby improving diagnostic accuracy, expediting turnaround times, and boosting clinical efficiency. AI's ability to augment veterinarians' capabilities and democratize access to specialist-level expertise is revolutionizing the animal health industry. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Component
  • Hardware
  • Software
  • Services
• Type
  • Companion animals
  • Production animals
• Application
  • Diagnostics
  • Identification tracking and monitoring
  • Others
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Imperative for precision livestock farming and enhanced food security
• Humanization of companion animals and demand for advanced veterinary care
• Maturation of AI technologies and proliferation of actionable data

However, the market also witnesses some limitations, which are as follows:

• Data scarcity, quality, and standardization issues
• High implementation costs and ambiguous return on investment
• Navigating unclear regulatory landscape and ethical considerations

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Market Scope in AI In Animal Health Market Research Report

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Research Analysis Overview

In the AI-driven animal health market, innovative technologies are revolutionizing various aspects of animal care. Key applications include health monitoring systems, animal disease surveillance, agricultural IoT, data integration platforms, and veterinary informatics. Farm management is enhanced through personalized animal care, proactive health interventions, antimicrobial resistance prediction, breeding optimization software, nutritional management solutions, and genetic risk assessment. Animal reproduction optimization, environmental control systems, disease diagnosis accuracy, treatment optimization AI, animal movement tracking, livestock traceability systems, and supply chain transparency ensure food safety assurance and sustainable livestock practices. Veterinary diagnostics are advanced with AI, while animal behavior patterns and herd management software further optimize overall animal welfare.

Market Research Overview

In the agricultural sector, the precision livestock farming market is experiencing significant growth, driven by the adoption of advanced technologies such as AI-powered veterinary tools and animal health diagnostics. Technavio's market analysis identifies this as part of the global application software market, which encompasses companies producing specialized software for businesses. This includes enterprise software, technical software, and cloud-based solutions, excluding those classified as interactive home entertainment or systems software. The application of AI in animal health is revolutionizing predictive disease modeling, enabling farmers to proactively address health issues and optimize productivity.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/