Medical Devices

Veterinary Equipment and Disposables Market 2019 Comprehensive Overview by Dre Veterinary, Smiths Group, Midmark, Jorgenson Laboratories, Mindray Medical

Global Veterinary Equipment and Disposables Market

Global Veterinary Equipment and Disposables Market– 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. 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

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Major Market Competitors/Players:

  • Dre Veterinary,
  • Henry Schein,
  • Smiths Group,
  • Midmark,
  • Jorgenson Laboratories,
  • Mindray Medical,
  • Nonin Medical,
  • Vetland Medical,
  • 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.

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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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