Veterinary Equipment Market | Industry Share | Growth Opportunities | Latest Trends | Forecast
The Global Veterinary Equipment and Disposables Market is projected to reach USD 2.40 billion by 2023, at a CAGR of 8.0% during the forecast period.
(firmenpresse) - Rising animal health expenditure and the growing demand for pet insurance will drive the Veterinary Equipment Market, the increasing number of veterinary practitioners in developed regions, and growth in the companion animals'' market are the primary drivers for the global market during the forecast period.
According to a new market research report "Veterinary Equipment Market by Product (Consumables, Anesthesia Machines, Ventilators, Patient Monitoring, Oxygen Masks, Infusion Pumps), Animal (Cats, Dogs, Equines, Bovines), End User (Hospitals, Clinics) - Global Forecast to 2023", published by MarketsandMarkets
Veterinary Equipment Market Segmentation:
On the basis of type, the critical care consumables segment accounted for the largest share of the global market. The large share of consumables can be attributed to the large number of consumables required and consumed in almost every veterinary care process, as opposed to the one-time cost of capital equipment.
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownload.asp?id=14169630
Based on animal, the small companion animals'' segment will dominate the market in 2023. The large share of this segment can be attributed to the high adoption of companion animals and rising expenditure on animal health.
Based on end user, veterinary clinics are estimated to hold the largest share of the market in 2023. The large share of this segment can be attributed to the growing number of patient visits along with the increasing number of private clinical practices and increasing practice revenues.
Veterinary Equipment Market
North America is estimated to hold the largest share of the Veterinary Equipment and Disposables Market during the forecast period, followed by Europe and the Asia Pacific. Factors such as the increasing number of companion animals, rising companion animal healthcare expenditure, rise in the number of livestock animals in North America (primarily due to the increasing consumption of meat and dairy products), and growth in the pet insurance market are responsible for the region''s large share in the global market.
Request Research Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=14169630
Major Key Players in Worldwide Market:
The prominent players in the Veterinary Equipment Market are Mindray Medical International Limited (China), Smiths Group plc (UK), Nonin Medical (US), Digicare Biomedical Technology, Inc. (US), B. Braun Melsungen AG (Germany), Henry Schein (US), Vetland Medical Sales and Services, LLC (US), Hallowell Engineering & Manufacturing Corporation (US), Infiniti Medical, LLC (US), DRE Veterinary (US), and Midmark Corporation (US).
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales(at)marketsandmarkets.com
Datum: 25.11.2019 - 01:17 Uhr
Sprache: Deutsch
News-ID 1554177
Anzahl Zeichen: 3045
contact information:
Contact person: shelly singh
Town:
northbook
Phone: 18886006441
Kategorie:
Pharmaceuticals & Biotech
Typ of Press Release: Financial
type of sending: send
Date of sending: 25.11.2019
Anmerkungen:
Diese Pressemitteilung wurde bisher 352 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Veterinary Equipment Market | Industry Share | Growth Opportunities | Latest Trends | Forecast
"
steht unter der journalistisch-redaktionellen Verantwortung von
marketsandmarkets (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
