A pet diabetes care devices market player, Trividia Health, has recently released Test Buddy, a pet-monitoring blood glucose system developed for helping cats and dogs living with diabetes.
A pet diabetes care devices market player, Trividia Health, has recently released Test Buddy, a pet-monitoring blood glucose system developed for helping cats and dogs living with diabetes. The increasing number of diabetic cats and dogs has made it vital for appropriate testing to be carried out by specifically designed devices that cater to pet requirements.
While the samples of glucose are collected from these animals in a similar manner as humans, the blood makeup of dogs and cats is substantially different, making it imperative to develop pet diabetic syringes and other pet care devices. Launched in November, the National Pet Diabetes Month, the Trividia’s Test Buddy comes with 50 test strips and lancets that allow glucose monitoring at home. The device has also been provided with Bluetooth features, that enable users to upload the test results to an app and send them to their veterinarian.
Along with the pet glucose meter, Trividia has also rolled out ‘Health Tracks for Pets’, pet insulin syringes that come in U-100 and U-40 pet syringes in a variety of gauges and sizes, enabling smooth pet care. Such product developments have been influencing the industry demand, propelling pet diabetes care market growth to a significant extent.
As per the latest research by Global Market Insights, Inc., the global pet diabetes care devices market size is projected to surpass USD 2.8 billion valuation by 2025.
Given that obesity is a primary factor responsible for the occurrence of diabetes, it can occur in cats and dogs at any age. The rising adoption of pets in both developed and developing economies is set to influence the demand for pet insulin and other devices across various regions.
Some prominent trends impelling pet diabetes care devices industry expansion include:
Increasing prevalence of diabetes in cats to push segment pet diabetes care market share
Cats usually suffer from type 2 diabetes, even though the prevalence is less as compared to dogs. The cats segment in the pet diabetes care devices market held a remarkable revenue of USD 652.4 million in 2018 and is touted to witness lucrative growth over the estimated period.
According to the State of Pet Health report, 2016, feline diabetes has registered a surge of 16 per cent since 2006. The rising prevalence of diabetes among cats is estimated to account for an appreciable contribution to the overall revenue through the forthcoming years.
Surging awareness about pet diabetes to escalate UK pet diabetes care devices industry expansion
The increasing awareness regarding various pet diseases and associated treatments in the UK is likely to spur the regional pet diabetes care devices market outlook. The market share in the region is anticipated to depict an appreciable growth of 8.5 per cent through the projected period.
To access sample pages of this report titled, “Pet Diabetes Care Devices Market Size By Device Type (Glucose Monitoring Devices, Insulin Delivery Devices {Insulin Delivery Pen, Insulin Syringes }) By Animal (Cats, Dogs, Horses), By End-use (Veterinary Clinics, Home Care Settings, Veterinary Hospitals), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents, please click on the link below:
https://www.gminsights.com/request-sample/detail/4444
Rising demand for insulin delivery pens to bolster pet diabetes care devices market outlook
The surging use of insulin delivery pens in home care settings as well as in veterinary clinics and hospitals is poised to drive market growth through the assessment period. Increasing number of research and development initiatives by major industry participants for enhancing the efficacy of pet diabetes care devices such as diabetic syringes and pet glucose meters is further expected to stimulate segment expansion.
The pet diabetes care devices market from insulin delivery pens is estimated to exhibit a commendable growth of 8.8 per cent through 2025.
In the years to come, the escalating adoption of numerous growth strategies by major industry players for the improvement of product portfolio will bolster pet diabetes care devices market outlook, thereby creating a surge in the total revenue. Key participants in the pet diabetes care devices industry comprise Zoetis, Boehringer Ingelheim Vetmedica Inc., Merck, Dickinson & Company, Becton, and others.
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