Wilmington, Delaware, United States, Transparency Market Research Inc.: Veterinary equipment and disposables find their main application in surgeries, monitoring, and in the treatment of diseases found in animals.
Wilmington, Delaware, United States, Transparency Market Research Inc.: Veterinary equipment and disposables find their main application in surgeries, monitoring, and in the treatment of diseases found in animals. Increasing expenditure for maintaining superior animal health and rising demand for pet insurance, growing number of veterinary practitioners in the developed economies, and development in the market for companion animals are some the important factors that are helping to drive the growth of the global veterinary equipment and disposables market in the coming years of the forecast period ranging from 2018 to 2026.
In recent years, there has been massive growth in adoption of companion animals across the globe. This growth has been majorly driven because of the positive health benefits related to them such as normalization of blood pressure, improved wellbeing, better psychological stability, reduced anxiety and cardiac arrhythmias among others.
With such benefits helping the adoption of animals, naturally, it is expected to have a positive impact on the development of veterinary equipment and disposables market as pet owners try to provide best possible care to their pet animals. There has been a steady rise in the number of pet ownership across the globe, which is also expected to have a positive impact on the development of the global market in coming years.
Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10280
Some of the recent developments in the global veterinary equipment and disposables market are mentioned below:
In 2017, Vetland Medical, a key player in the global veterinary equipment and disposables market announced the launch of LAS-3000 and the Harmony 5 Electronic manual ventilation systems in their segment of anesthesia systems.
In 2016, Midmark, a US based company operating the veterinary equipment and disposables market announced that it has acquired VSSL Inc., another US based company to bring in early stage planning and design expertise, and embedded and built-in equipment solutions for animal health practices.
Request Sample of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=10280
Veterinary Equipment & Disposables Market - Snapshot
Various veterinary equipment and disposables are required on a frequent basis for diagnosis and treatment of animal diseases. Availability of anesthesia equipment, monitoring equipment, and critical care consumables for treatment of various diseases among companion animals is highly valued by pet owners. Pet owners across the globe spend billions of dollars every year for diagnosis of diseases affecting their beloved pets. Increase in expenditure on animal health is expected to boost market growth in the next few years. The global veterinary equipment & disposables market was valued at US$ 1,504.7 Mn in 2017 and is projected to expand at a CAGR of 5.9% from 2018 to 2026.
The global veterinary equipment & disposables market has been segmented based on product type, animal type, end-user, and region. In terms of product type, the global market has been classified into anesthesia equipment, fluid management equipment, critical care consumables, temperature management equipment, patient monitoring equipment, rescue & resuscitation equipment, and research equipment. The critical care consumables segment is anticipated to account for leading share of the global market during the forecast period, owing to high consumption of these consumables during veterinary anesthesia process.
Get COVID-19 Analysis on Veterinary Equipment & Disposables Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=10280
Based on animal type, the global veterinary equipment & disposables market has been categorized into small animals and large animals. The small animals segment held prominent share of the global market in 2017 due to increase in adoption of companion animals and greater emphasis on wellness and pet care by owners. In terms of end-user, the global market has been bifurcated into veterinary hospitals & clinics and others. The veterinary hospitals & clinics segment is expected to account for significant share of the global market during the forecast period, due to rise in number of private clinical practices.
In terms of region, the global veterinary equipment & disposables market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe accounted for major shares of the global market in 2017. High pet ownership along with increase in spending on animal health research drive the veterinary equipment & disposables market in these regions. The market in Asia Pacific is likely to expand at a significant CAGR during the forecast period. Rise in the population of livestock animals and the consequent increase in pet adoption are projected to propel the market in the region in the next few years.
Make an Enquiry Before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=10280
Key players operating in the global veterinary equipment & disposables market include Smiths Group plc, Henry Schein, Vetland Medical Sales & Services LLC, Patterson Companies, Inc., B. Braun Melsungen AG, DRE Medical, Jorgensen Labs, Midmark Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., and Nonin Medical, Inc. These companies have a broad product portfolio of veterinary equipment along with a strong distribution system across the globe.
More Trending Reports by Transparency Market Research –
Continuous Glucose Monitoring Market: https://www.transparencymarketresearch.com/continuous-glucose-monitoring.html
Photopheresis Products Market: https://www.transparencymarketresearch.com/photopheresis-products-market.html
Remote Patient Monitoring Devices Market: https://www.transparencymarketresearch.com/remote-patient-monitoring-devices-market.html
Pelvic Floor Electrical Stimulation Devices Market: https://www.transparencymarketresearch.com/pelvic-floor-electrical-stimulation-device-market.html
Indwelling Catheters Market: https://www.transparencymarketresearch.com/indwelling-catheter-market.html
Surgical Drainage Devices Market: https://www.transparencymarketresearch.com/surgical-drainage-devices-market.html
Injection Pen Market: https://www.transparencymarketresearch.com/injection-pen-market.html
Surgical Equipment Market: https://www.transparencymarketresearch.com/surgical-equipment-market.html
About Us
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com