Veterinary Equipment and Supplies Market Market: A Look at the Industry’s Growth and Future Prospects
The Global Veterinary Equipment and Supplies Market research study published by Emergen Research is an extensive collection of insightful information about the Veterinary Equipment and Supplies industry. The report covers the Veterinary Equipment and Supplies Market segmentation along with a detailed outline of the Veterinary Equipment and Supplies market size with regards to volume and valuation. The report provides comprehensive coverage of the Veterinary Equipment and Supplies market scenario for the current period and forecast timeline of 2020-2027. The Veterinary Equipment and Supplies market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
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, according to the latest analysis by Emergen Research. 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.
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The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Veterinary Equipment and Supplies market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Veterinary Equipment and Supplies market landscape.
The increased use of Veterinary Equipment and Supplies by municipalities and enterprises is responsible for the market's expansion. The Veterinary Equipment and Supplies market is anticipated to grow at a faster rate during the forecast period than traditional treatment procedures like thermal oxidation and chemical oxidation due to the reduced operational and capital costs of Veterinary Equipment and Supplies. The demand for Veterinary Equipment and Supplies is rising as more people are embracing biological treatment methods like aerobic activated sludge. The use of Veterinary Equipment and Supplies solutions is projected to increase in the near future due to rising restrictions on the discharge of treated effluents into freshwater bodies.
The Veterinary Equipment and Supplies research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans.
The key companies studied in the report are:
B. Braun SE, Covetrus, BD, Cardinal Health, Neogen Corporation, Integra LifeSciences, Midmark Corporation, Jorgensen Labs, Shenzhen Mindray Animal Medical Technology Co., LTD., Nonin
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On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
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
The report addresses the following key points:
The report estimates the expected market size from 2020-2027
The report provides a forecast of market drivers, restraints, and future opportunities for the Veterinary Equipment and Supplies market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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