Veterinary Equipment & Supplies Market Expects to See Significant Growth During 2022-2030
The Veterinary Equipment & Supplies Market crossed US$ 2.0 billion mark in 2022 and is expected to hit US$ 4.0 billion by 2030, recording a CAGR of 8.5% during the forecast period.
Business Market Insights Veterinary Equipment & Supplies Market report 2030, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Veterinary Equipment & Supplies Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Veterinary Equipment & Supplies Market is based on company profiles and their efforts on increasing product value and production.
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Kay Players :
- Braun SE
- Covetrus
- BD
- Cardinal Health
- Integra LifeSciences
- Midmark Corporation
- Digicare Biomedical
- New Gen Medical
- Eickemeyer
- Hallowell EMC.
According to the American Veterinary Medical Association report, the pet population is rising. For example, dog and cat populations have increased, accounting for significant percentages of households owning dogs and cats. Additionally, animal shelters act as a key resource for new pet acquisition, recording 40% of cats and 38% of dogs in 2020. Companion animal ownership has increased significantly amid the pandemic. According to the American Veterinary Medical Association report, the effects of the COVID-19 pandemic were slightly evident in the results regarding the purchase of companion animals
Scope of the report:
In this report, the market has been segmented on the basis of:
- Type:
- Critical Care Consumables
- Anesthesia Equipment
- Fluid Management Equipment
- Temperature Management Equipment
- Patient Monitoring Equipment
- Research Equipment
- Rescue & Resuscitation Equipment
- Application
- Surgical and Diagnosis
- Monitoring, & Therapy
- Animal Type:
- Small Companion Animals
- Large Animals
- Region
- North America
- Europe
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
Recent strategic developments in veterinary equipment & supplies market
The veterinary equipment & supplies market has undergone several significant developments, and a few of these have been mentioned below:
- In December 2021, Covetrus Inc. announced the acquisition of VCP's technology platform and infrastructure. This acquisition will provide Covetrus new ways to offer veterinarians with tools to foster stronger relationships with their pet parent clients & advance healthcare.
- In January 2022, ICU Medical Inc. announced the acquisition of Smith's Medical veterinary product portfolio involving syringe and ambulatory infusion devices, vascular access, and vital care products, which enhanced the product portfolio of ICU Medical.
Target audience for the report:
- Veterinary equipment & supplies service providers
- Veterinary equipment & supplies related associations, organizations, forums, and alliances
- Government bodies, such as regulating authorities and policy makers
- Venture capitalists, private equity firms, and start-up companies
- End users of veterinary equipment & supplies
- Research institutes, organizations, and consulting companies
Veterinary Equipment & Supplies Market research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges.
The final report will add the analysis of the Impact of Covid-19 in this report Veterinary Equipment & Supplies Market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Veterinary Equipment & Supplies Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Veterinary Equipment & Supplies Market is analyzed and depicted in the report.
Some of the companies competing in the Veterinary Equipment & Supplies Market are
The report scrutinizes different business approaches and frameworks that pave the way for success in businesses. The report used expert techniques for analyzing the Veterinary Equipment & Supplies Market; it also offers an examination of the global market. To make the report more potent and easy to understand, it consists of infographics and diagrams. Furthermore, it has different policies and development plans which are presented in summary. It analyzes the technical barriers, other issues, and cost-effectiveness affecting the market.
Veterinary Equipment & Supplies Market Research Report 2030 carries in-depth case studies on the various countries which are involved in the Veterinary Equipment & Supplies Market. The report is segmented according to usage wherever applicable and the report offers all this information for all major countries and associations. It offers an analysis of the technical barriers, other issues, and cost-effectiveness affecting the market. Important contents analyzed and discussed in the report include market size, operation situation, and current & future development trends of the market, market segments, business development, and consumption tendencies. Moreover, the report includes the list of major companies/competitors and their competition data that helps the user to determine their current position in the market and take corrective measures to maintain or increase their share holds.
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What questions does the Veterinary Equipment & Supplies Market report answer about the regional reach of the industry
The report claims to split the regional scope of the Veterinary Equipment & Supplies Market.
- How do the sales figures look at present How does the sales scenario look for the future
- Considering the present scenario, how much revenue will each region attain by the end of the forecast period
- How much is the market share that each of these regions has accumulated presently
- How much is the growth rate that each topography will depict over the predicted timeline
The scope of the Report:
The report segments the Veterinary Equipment & Supplies Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the Veterinary Equipment & Supplies Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Reasons for buy this Report
- Highlights key business priorities to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Veterinary Equipment & Supplies market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest to components, type, and end-users.
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