Veterinary Intravenous Solutions Market Segments, Top Key Players, Drivers And Trends 2022

The research report "Veterinary Intravenous Solutions Market: By Product type (synthetic colloids, isotonic crystalloids, blood products, total parenteral nutrition, dextrose solutions, and partial parenteral nutrition), By End User (Veterinary Hospitals, Research Institutes, and Others), and Geography-Global/Region/Country Forecast to 2028." The global veterinary intravenous solutions market was valued at USD 11 billion in 2021 and poised to grow at ISD 18.9 billion by 2028 witnessing a CAGR rate of 8% during the forthcoming years 2022-2028.

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Growing demand for companion animals and pets is expected to fuel the Global Veterinary Intravenous Solutions Market:
Global Veterinary Intravenous Solutions Market report aims at providing granular level information regarding regional market share and market size. Veterinary intravenous solutions are given to the animals if they attacked by the diseases like pancreatitis. These solutions are the nutritional products. High focus on animal health and wealth by veterinarians and the growing demand for companion animals and pets are the factors anticipated to impel the market growth. In addition, increase in the need for nutrition rich food, focus on food safety and increasing care towards animals are the factors anticipated to augment the market sales. But, less consciousness about the uses of veterinary intravenous solutions is anticipated to restrict the veterinary intravenous solutions market growth.

Increasing prevalence of illnesses such as anthrax, pancreatitis, mouth disease and other diseases by which the feeding is not possible through mouth is fuelling the global veterinary intravenous solutions market. Over 75 million households in Europe own a pet according to American Veterinary Medical Association more than half of U.S. households own pets and just 18.7% did not take their dog or dogs to a veterinarian according to a report by European Pet Food Industry Federation. Intravenous solutions are useful in feeding animals when animals suffer from diseases like pancreatitis.

North America accounted for major share in the Global Veterinary Intravenous Solutions Market:
North America witnessed the larger revenue share in the global veterinary intravenous solutions market with considerable CAGR rate due to the factors such as increase in the interest towards disease prevention for the animals, limited natural source to feed the animals in the region, increase in the number of pets in the houses and availability of advanced veterinary health care. All these factors are anticipated to fuel the market growth over the evaluation time span. Asia Pacific region is projected to grow at a considerable growth rate over the forthcoming years due to the government subsidies for animal rearing and the trend of owing pets, increasing cattle rearing because of the growing demand for the milk ad wool and government initiatives to rear cattle.

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Competitive Analysis - Global Veterinary Intravenous Solutions Market:
Major players working in the global veterinary intravenous solutions market are Aspen Vet, Merck & Co., Inc. (MSD Veterinary Manual), Dechra Veterinary Products, Pfizer, Inc. and Sypharma. These players focus on following key strategies.

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