Pet Diabetes Care Market to Reach $3.47 Billion by 2030, Driven by Growing Pet Ownership and Increased Healthcare Spending
Dublin, March 05, 2025 – A recently released report from ResearchAndMarkets.com indicates a strong upward trajectory for the global pet diabetes care market. The market is projected to reach a value of $3.47 billion by the year 2030, fueled by a compound annual growth rate (CAGR) of 8.9% from 2025.
This expansion is primarily attributed to several key factors:
- Increasing numbers of companion animals: More households are welcoming pets, driving overall demand.
- High pet adoption rates: The trend of adopting pets continues to grow.
- Increased pet spending: Owners are investing more in their pets’ health and well-being.
- Rising incidence of diabetes mellitus in dogs and cats: The growing prevalence of diabetes in pets necessitates advanced care.
The pet diabetes care market is experiencing a surge in activity, with major players investing significantly in research and development. The goal is to develop innovative diabetes care devices and treatments, ultimately introducing novel products to the market. This increased expenditure is a response to the rising prevalence of diabetes mellitus among companion animals.
Furthermore, the rising trend of pet humanization across the globe plays a substantial role in the market’s positive growth. This means that pet owners are becoming increasingly concerned about their pets’ overall health and are actively seeking veterinary care. The increasing use of insulin therapy for diabetic dogs and cats is also encouraging market growth since it lowers blood sugar levels by increasing peripheral glucose uptake and suppressing hepatic glucose production.
Technological advancements, such as smart wearables, artificial intelligence (AI) technologies, machine learning (ML) and the Internet of Things (IoT) that allows remote health monitoring, are further contributing to expanding the market.
Key Market Highlights:
- Animal Type: The dog segment led the animal type market in 2024. Increased dog ownership worldwide is a significant factor.
- Treatment Segment: The treatment segment was the largest in 2024, with insulin therapy as the standard treatment for diabetes in pets.
- Distribution Channel: Veterinary hospitals and clinics dominated the distribution channel segment in 2024 due to an increasing number of facilities.
- Regional Dominance: North America accounted for over 40% of the revenue share in 2024.
This report provides detailed information on market dynamics, including drivers, restraints, opportunities, and challenges. It also includes a comprehensive competitive landscape analysis, profiling key industry players and their strategic initiatives.
The projections presented in the report are based on extensive research and analysis, offering valuable insights into market trends, segmentation, and regional performance.
