Veterinary Equipment and Disposables Market – Global Industry Insights, Trends, Opportunity Analysis, 2021-2027 the new research from Coherent Market Insights has announced report offering you more creative solutions that combine our deep geographic experience, intimate sector knowledge and clear insights into how to create value in your business. The Veterinary Equipment and Disposables Market offers a summary of product specification, production analysis, technology, product type, considering key features such as gross margin, revenue & cost. Veterinary Equipment and Disposables Market report provides key statistics on the Market status of the Veterinary Equipment and Disposables manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
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Overview:-
Veterinarians use a wide range of tools for animal check-ups, for treating animal diseases, to perform dressing on their wounds, to perform various surgeries on them and also to collect their bodily fluids. These tools are known as veterinary equipment and disposables including suction machines, surgical clamps, pin drivers, microscopes, catheters and saws. However, other specialized equipment designed for animals such as manual and electric razors are used by veterinarians to remove hair of furry animals to proceed further with their surgical procedures on them. Other specialized tools used by vets consist of tourniquets, snook hooks, hemostats and curved hooks. Almost similar equipments are used by both veterinarians and physicians as per the patient’s requirements. The range of modern veterinary equipments and disposables is from simple surgical instruments such as blades and needles to high technology equipment with imaging capabilities. Veterinarians also use advanced equipment that consists of surgical lasers, photo-biotherapy machines, cold laser treatment machines and others. Moreover, specialized services are also provided by specialized veterinarians that include assistance for reproduction through insemination, which could be executed through the blood and fertility tests, insemination equipment, as well as ultrasound procedures.
Market Drivers:-
There are many factors that boost the growth of the veterinary equipment and disposables market. Increasing incidence of animal related chronic conditions or livestock diseases such as lumpy skin disease, foot and mouth disease and pet cancer across the world fuels the market growth. For Instance, the Veterinary Cancer Society in 2016 reported that, around 47% of the dogs have diagnosed with cancer over the age of 10. Similarly, 32% of the cats were infected to Feline Leukemia Virus (FeLV) that caused lymphoma in cats. Moreover, Royal Veterinary College, University of London, published a report that stated the number of dogs treated with the procedure of anal sac impaction were around 3,884 dogs in London in 2013.
Another factor leading to the market growth is increasing investment in veterinary healthcare. Rising investment led to the development of advanced technologies in animal healthcare such as various therapeutical medical dosages that are delivered to the pets through disposable veterinary infusion pumps. For instance, in 2011, a device Body Guard 121 Twins was acquainted that permitted with set up of quick high volume rapid infusions. The device was additionally used to infuse two different animals from one device or mix two different infusion solutions for an animal. It was mainly introduced for vets that consist of two independent channels extending the therapeutic range of options.
Market Restarins:-
The major factor that restrains the growth of the veterinary equipment and disposables market is the lack of accuracy observed in these devices. Certain problems such as inadequate user interface design, alarm errors, and software problems lead to decline of the market growth.
Market Value:-
In 2018, the value of the veterinary equipment and disposables market was reached up to USD 1.63 Billion. The market is anticipated to grow at a CAGR of 8.0% during the forecast period (2018–2023), and could reach USD 2.40 Billion by 2023.
Key Players:-
The major players operating in the global veterinary equipment and disposables market consists of Smiths Medical, Medtronic Plc, Hallowell Engineering and Manufacturing Corporation, DRE Veterinary, 3M Company, Mila International, Inc., Digicare Biomedical Technology, Inc., Midmark Corporation, Vetland Medical Sales and Services LLC, and others.
Many market players aim at developing advanced products and fulfilling veterinarians’ demand by adopting strategic collaborations in animal treatment. For instance, the collaboration between Oncura Partners Diagnostics LLC and Analogic Corporation in February 2016 led to the development of a cloud-based ultra-sound Telehealth service, which helped in remote ultrasound imaging in real-time and provided services to the veterinary market.
Regional Analysis:-
The global veterinary equipment and disposables market is segmented on the basis of region into Asia Pacific, Europe, Africa, Middle East, North America and Latin America. North America dominates the market with its increasing prevalence towards severe chronic animal diseases such as cancer and is expected to sustain its dominance with rising investments in animal healthcare over the forecast period. This For instance, in 2015, the Animal Cancer Foundation stated that, around 6 million pets out of 65 million dogs and 32 million cats living in U.S. was reported with new cases of cancer every year. The data also suggests dogs are suffering from certain cancer tumors out of which around 20% all tumors are mast cell tumors and around 33.33% of tumors are skin tumors. Moreover, in 2017, the Animal Cancer Foundation was granted with US$ 1 million by the Blue Buffalo Foundation for development of the Canine Cancer Genome Project for advancement of effective therapies and to map the tumor genomes in animals.
Moreover, increasing prevalence of infectious animal and livestock diseases in the region of Asia Pacific generates the high demand for treatment options, ultimately leading to the significant growth of the global veterinary equipment and disposables market. For Instance, in 2015, the Global Animal Disease Intelligence Report stated that, Republic of Korea reported 157 outbreaks of serotype-OS in its different cities mainly in the farms of pig, goats and cattle. Market players in the region of Asia Pacific targeted towards international markets to create its significant position in the global market. For instance, PT10V, point-of-care (PoC) blood analyzer was introduced in February 2017 for animal blood tests by Samsung Electronics in collaboration with Henry Schein, Inc. at the NAVC, i.e., North American Veterinary Community Conference in Orlando, Florida.
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Main points in Veterinary Equipment and Disposables Market Report Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Veterinary Equipment and Disposables Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Veterinary Equipment and Disposables Industry Impact
Chapter 2 Veterinary Equipment and Disposables Competition by Types, Applications, and Top Regions and Countries
2.1 Veterinary Equipment and Disposables (Volume and Value) by Type
2.3 Veterinary Equipment and Disposables (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Veterinary Equipment and Disposables Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Veterinary Equipment and Disposables Market Analysis
Chapter 6 East Asia Veterinary Equipment and Disposables Market Analysis
Chapter 7 Europe Veterinary Equipment and Disposables Market Analysis
Chapter 8 South Asia Veterinary Equipment and Disposables Market Analysis
Chapter 9 Southeast Asia Veterinary Equipment and Disposables Market Analysis
Chapter 10 Middle East Veterinary Equipment and Disposables Market Analysis
Chapter 11 Africa Veterinary Equipment and Disposables Market Analysis
Chapter 12 Oceania Veterinary Equipment and Disposables Market Analysis
Chapter 13 South America Veterinary Equipment and Disposables Market Analysis
Chapter 14 Company Profiles and Key Figures in Veterinary Equipment and Disposables Business
Chapter 15 Veterinary Equipment and Disposables Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
continued………….
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