AI in Animal Health Market Projected to Reach $4.21 Billion by 2030

Industry
โดย GlobeNewswire·Read original
Summary · why it matters

The global artificial intelligence in animal health market is projected to grow from $1.72 billion in 2025 to $4.21 billion by 2030, according to a new report from ResearchAndMarkets.com. The market is expected to reach $2.06 billion in 2026, reflecting a compound annual growth rate of 19.5%, driven by digital tool adoption in veterinary care and rising companion and production animal populations. Key players include Microsoft Corporation, IBM, Zoetis Inc., and Merck Animal Health, with North America leading the market in 2025 and Asia-Pacific forecast as the fastest-growing region. The report highlights trends such as AI-driven diagnostics, predictive analytics, and wearable monitoring devices, while noting that tariffs have raised costs for imported AI hardware but also spurred local innovation.

Impact on stocks 3

Health Care▲ · 1 stocks
Zoetis Inc
ZTS
▲ PositiveDemandrelevance

Zoetis is listed as a key player in the AI in animal health market, which is projected to grow at 19.5% CAGR, driven by rising companion animal populations and AI diagnostics.

Quantum Computing▲ · 1 stocks
International Business Machines
IBM
▲ PositiveDemandrelevance

IBM is listed as a key player in the growing AI in animal health market, benefiting from increased adoption of AI-driven diagnostics and predictive analytics.

Artificial Intelligence▲ · 1 stocks
Microsoft Corporation
MSFT
▲ PositiveDemandrelevance

Microsoft is listed as a key player in the growing AI in animal health market, benefiting from increased adoption of digital tools in veterinary care.

Off-coverage companies 1

Merck Animal HealthPrivate▲ Positive
Demandrelevance

Merck Animal Health is listed as a key player in the AI in animal health market, benefiting from trends like AI-driven diagnostics and wearable monitoring devices.

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