Veterinary Equipment and Disposables Market Growth and Forecast 2018-2026 Comprehensive Analysis on Key Player - Medtronic, Smiths Medical, 3M Company, DRE Veterinary, Midmark Corporation, Mila International

The Veterinary Equipment and Disposables Market is expected to have a highly positive outlook for the next five years 2018-2026 according to a recently released Veterinary Equipment and Disposables Market research report. The report has been added in his large database by Coherent Market Insights. This report is a guide which covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis.

It also going to elaborate the opportunities out there in micro niches for stakeholders to take a position, step by step investigation of the competitive landscape and even commodity professional services of famous players which include Medtronic Plc, Smiths Medical, 3M Company, Digicare Biomedical Technology, Inc., Vetland Medical Sales and Services LLC, DRE Veterinary, Midmark Corporation, Mila International, Inc., Hallowell Engineering and Manufacturing Corporation

Request a sample copy: https://www.coherentmarketinsights.com/insight/request-sample/1734

Veterinarians use a range of tools to perform dressing of the wounds, check-up of vets, collect bodily fluids, and perform various surgeries on the animals. Tools such as surgical clamps, microscopes, saws, pin drivers, suction machines, and catheters are frequently used in surgeries, however, vets also use equipment that are designed specifically for animals. These specialized equipment include electric and manual razors that are used to remove hair from furry animals to perform surgical procedures on them. Other specialized tools include snook hooks, curved hooks, hemostats, and tourniquets. The veterinarians use equipment that are similar to the ones used by physicians adapted to the needs of their animal patients. Modern veterinary equipment includes tools ranging from simple surgical instruments and disposables such as needles and blades to high technology equipment with imaging capabilities. Specialized veterinarians provides specialized services such as assistance for reproduction through insemination, which can be achieved through the ultrasound procedures, insemination equipment, and blood and fertility tests. The advanced equipment used by the veterinarians include cold laser treatment machines, photo-biotherapy machines, surgical lasers, and others.

Market Dynamics

Rising incidence of animal related disorders coupled with increasing investments in veterinary healthcare is expected to drive growth of the veterinary equipment and disposables market. Chronic conditions such as pet cancer, foot and mouth disease, and lumpy skin disease are among the most commonly encountered chronic animal and livestock diseases in the world. According to the Veterinary Cancer Society, 2016, cancer is the leading cause of death in around 47% of the dogs diagnosed with cancer over the age of 10 and 32% of the cats, where Feline Leukemia Virus (FeLV) was one of the leading cause of lymphoma in cats. According a report published by the Royal Veterinary College, University of London, around 3,884 dogs were treated with anal sac impaction procedures in London in 2013.

Moreover, the rising investment in animal healthcare is leading to development of innovative technologies such as disposable veterinary infusion pumps for delivering various medical dosage of therapeutics to the pets. For instance, Body Guard 121 Twins introduced in 2011 for vet consists of two independent channels that extend the therapeutic range of option, as the device allows to set up fast high volume rapid infusions, mix two different infusion solutions for an animal or infuse to two different animals from one device. However, lack of accuracy in these devices such as software problems, alarm errors, and inadequate user interface design are expected to hinder the market growth.

On the basis of product type, the global veterinary equipment and disposables market is segmented into:

Anesthesia Equipment
Anesthesia Machines
Ventilators
Vaporizers
Patient Monitoring Devices
Gas Delivery Management Systems
Waste Gas Management Systems
Temperature Management Equipment
Fluid Warmers
Patient Warming Systems
Critical Care Consumables
Needles
Wound Management Tools
Consumable Accessories
Others
Rescue & Resuscitation
Oxygen Masks
Resuscitation Bags
Research Equipment
Induction Chambers
Lab Evacuation Systems
Fluid Management Equipment
Large Volume Infusion Pumps
Infusion Disposables
Others

On the basis of animal type, the global veterinary equipment and disposables market is segmented into:

Large Animals
Equine
Bovine
Other Farm Animals
Small Companion Animals
Canine
Feline
Zoo Animals
Research Animals
Aquatic Animals
Exotic Animals

What Information does this report contain?

-Historical data coverage: 2013 to 2017; Growth Projections: 2018 to 2026.
-Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
-6-7 year performance forecasts: major segments covering applications, top products and geographies.
-Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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North America holds a dominant position in the global veterinary equipment and disposables market and is expected to retain its dominance over the forecast period. This attributes to high incidence of chronic animal diseases such as cancer as well as rising investments in animal healthcare. For instance, according to the Animal Cancer Foundation, 2015, around 65 million dogs and 32 million cats live in the U.S. and around 6 million new cancer cases in dogs and cats are reported every year.

Asia Pacific is expected to witness a significant growth in the market, owing to rising incidence of infectious animal and livestock diseases that are leading to rising demand for treatment options. According to the Global Animal Disease Intelligence Report 2015, 157 outbreaks of serotype O were reported in different cities of Republic of Korea, primarily in pig farms cattle and goats. Moreover, the players in the Asia Pacific region are targeting international markets to create a significant position in the global market.

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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This release was published on openPR.