Advances in Veterinary Equipment and Supplies: Understanding the Market and Its Potential
The Global Veterinary Equipment and Supplies Market research report is a detailed document outlining the recent advancements and developments in the Veterinary Equipment and Supplies Market business sphere considering 2021 as the base year and 2022-2030 as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
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The global veterinary equipment and supplies market size is expected to reach USD 3.76 Billion at a steady revenue CAGR of 8.1% in 2030. One of the primary driving factors leading to increased revenue growth of this market is an increase in companion animal population. Pet ownership, for example, has reached new highs in recent years, according to statistics. According to a 2021-2022 American Pet Products Association (APPA) study, 70% of households possess a pet. During the COVID-19 outbreak, almost 30% of Americans adopted at least one pet. Every year, nearly 3 million dogs enter shelters, yet over 4.1 million are adopted. As the number of companion animals grows, so does the demand for veterinary equipment and supplies.
Smart wearable technology has been adopted for usage in pets in recent years. Wearable collar devices can be used to track a pet's movements, including activity, sleep, and sleep quality. Individuals can quantify the symptoms of illnesses like dermatitis and examine how habits like scratching alter in response to food by tracking their health behaviors. Using smart pet technology to quantify actions like scratching or shaking may aid in the early detection of skin diseases, allowing owners to respond with appropriate dietary modifications.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Veterinary Equipment and Supplies market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report:
Braun SE, Covetrus, BD, Cardinal Health, Neogen Corporation, Integra LifeSciences, Midmark Corporation, Jorgensen Labs, Shenzhen Mindray Animal Medical Technology Co., LTD., and Nonin.
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Report Highlights:
Besides offering a vivid depiction of the global Veterinary Equipment and Supplies business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2022-2030).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Market Overview:
The report bifurcates the Veterinary Equipment and Supplies market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Emergen Research has segmented the global veterinary equipment and supplies market on the basis of type, application, animal type, end-use, and region:
Type Outlook (Revenue, USD Billion; 2019–2030)
Critical Care Consumables
Anesthesia Equipment
Fluid Management Equipment
Temperature Management Equipment
Patient Monitoring Equipment
Research Equipment
Rescue and Resuscitation Equipment
Application Outlook (Revenue, USD Billion; 2019–2030)
Surgical Application
Diagnosis, Monitoring, and Therapy
Animal Type Outlook (Revenue, USD Billion; 2019–2030)
Small Animals
Large Animals
Others
End-Use Outlook (Revenue, USD Billion; 2019–2030)
Veterinary Clinics
Veterinary Hospitals
Veterinary Research Institutes
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The Global Veterinary Equipment and Supplies Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key regions analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Veterinary Equipment and Supplies market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
Regional Analysis Covers:
North America (US, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
Key Questions Answered in the Report:
What will be the estimated growth rate of the Veterinary Equipment and Supplies market by 2030?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Veterinary Equipment and Supplies market throughout the forecast period?
What are the current and future market trends of the Veterinary Equipment and Supplies market?
What are the sales and price analysis of the product by types, applications, and regions?
What are the expected opportunities for the companies and new entrants in the coming years?
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