Global
Veterinary Equipment and Disposables Market, By Type (Critical Care
Consumables, Anesthesia Equipment, Fluid Management Equipment, Temperature
Management Equipment, Patient Monitoring Equipment, Research Equipment, Rescue
& Resuscitation Equipment), By Animal Type (Small Companion Animals, Large
Animals, Other Animals), By End User (Veterinary Clinics, Veterinary Hospitals,
Research Institutes)– Industry Trends and Forecast to 2025
The global veterinary equipment and disposables market is
expected to reach USD 2.8 billion by 2025, from USD 1.5 billion in 2017 growing
at a CAGR of 8.1% during the forecast period of 2018 to 2025. The upcoming
market report contains data for historic years 2016, the base year of
calculation is 2017 and the forecast period is 2018 to 2025.
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Major Market
Competitors/Players:
·
Dre Veterinary,
·
Henry Schein,
·
Smiths Group,
·
Midmark,
·
Jorgenson Laboratories,
·
Mindray Medical,
·
Nonin Medical,
·
Vetland Medical,
·
B. Braun,
·
Digicare Biomedical,
·
Hallowell Emc,
·
Grady Medical,
·
Mila International,
·
Burtons Medical,
·
Medtronic Plc,
·
Smiths Medical,
·
3M Company,
·
Digicare Biomedical Technology, Inc.,
·
Vetland Medical Sales and Services LLC,
·
DRE Veterinary,
·
Midmark Corporation,
·
Mila International, Inc.,
·
Hallowell Engineering and Manufacturing
Corporation
Competitive Analysis:
The global veterinary
equipment and disposables market is highly fragmented and the major players
have used various strategies such as new product launches, expansions,
agreements, joint ventures, partnerships, acquisitions, and others to increase
their footprints in this market. The report includes market shares of
veterinary equipment and disposables market for global, Europe, North America,
Asia Pacific and South America.
Market Definition:
Global Veterinary Equipment and Disposables Market
Veterinary equipment and disposables are required for
treatment and analysis of animal illnesses. Accessibility of research center
symptomatic equipment, analysers and disposables for treatment of different
animal related illnesses are profoundly esteemed by pet lovers and proprietors,
this has raised the demand of veterinary equipment and disposables advertise.
An estimation analysis demonstrated that pet proprietors spend billions of
dollars every year for treatment of diseases influencing their venerated pets.
Veterinary equipment and disposables has developed with quickest pace in recent
years and established extensive variety of refined veterinary items.
The imperative components affecting the development of the
market for veterinary equipment and disposables all around incorporate the
growing animal wellbeing spending, rising digit of veterinary specialists and
their developing wage levels, increment in partner animals and the mounting
demand for pet protection. However, the mounting cost of pet consideration,
extreme shortage of talented and expert veterinarians, and low animal wellbeing
understanding are few factors that can restrict the market development.
For instance, according to statistics the pet care and
medicine cover a major part of the all pet market sales. Cost of incidence
coverage for an 11 year old dog in New York which comes under Embrace Insurance
amounted to an annual cost of 10,260 U.S. dollars per owner in 2016.
Market Drivers and
Restraints:
·
Growth in companion animal population
·
Rising demand for pet insurance with growing
animal health expenditure
·
Growth in the number of veterinary practitioners
and income levels in developed economies
·
Rising pet care costs
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Market Segmentation:
Based on type:
·
Critical Care Consumables
·
Anesthesia Equipment
·
Fluid Management Equipment
·
Temperature Management Equipment
·
Patient Monitoring Equipment
·
Research Equipment
·
Rescue & Resuscitation Equipment
Based on animal type:
·
Small Companion Animals
·
Large Animals
·
Other Animals
Based on end user:
·
Veterinary Clinics
·
Veterinary Hospitals
·
Research Institutes
Based on geography:
·
North America
·
South America
·
Europe
·
Asia-Pacific
·
Middle East & Africa
Some of the major countries covered in this report are U.S.,
Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China,
India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa
and, Brazil among others
Reasons to Purchase
this Report
·
Current and future of veterinary equipment and
disposables market outlook in the developed and emerging markets
·
The segment that is expected to dominate the
market as well as the segment which holds highest CAGR in the forecast period.
·
Regions/countries that are expected to witness
the fastest growth rates during the forecast period
·
The latest developments, market shares, and
strategies that are employed by the major market players
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