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Veterinary Disposables Global Market Analysis, Trends, Growth, Research And Forecast 2033
Veterinary Disposables Market
The Business Research Company presents an extensive market research report on the Veterinary Disposables Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The veterinary disposables market size has grown rapidly in recent years. It will grow from $0.43 billion in 2023 to $0.49 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to environmentally conscious solutions, enhanced veterinary facilities, rise in pet ownership, veterinary healthcare expansion, e-commerce adoption.
The veterinary disposables market size is expected to see rapid growth in the next few years. It will grow to $0.82 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to increasing veterinary care awareness, global market penetration, integration of digital health solutions, environmental sustainability focus, specialized product development. Major trends in the forecast period include shift towards sustainable solutions, rise in pet ownership, advancements in veterinary medicine, preference for single-use products, specialized product development.
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Key Market Players:
Major companies operating in the veterinary disposables market report are Cardinalhealth Inc., Pfizer Inc., Abbott Laboratories, Medtronic plc, Becton Dickinson and Company, Henry Schein Inc., B. Braun Melsungen AG, Covetrus Inc., Mindray Medical International Limited, Smiths Group plc, IDEXX Laboratories Inc., Varian Medical Systems Inc., Midmark Corporation, Heska Corporation, Abaxis Inc., Nonin Medical Inc., Digicare Biomedical Technology Inc., ACON Laboratories Inc., Jorgensen Laboratories Inc., DRE Veterinary Inc., Vetland Medical Sales and Services, Zomedica Pharmaceuticals Corp., Synedgen Inc., Patterson Companies Inc., Piavita AG, TriviumVet Inc., ITL Biomedical Ltd., Central Biomedia Inc., Vetronic Services Ltd., Optomed Oyj, Dextronix Inc.
Market Drivers:
Increased pet ownership is expected to contribute to the growth of the veterinary disposables market going forward. Pet ownership refers to the act of owning and caring for a domesticated animal. Pet owners are responsible for providing for their pets' needs, including food, water, shelter, health care, and companionship. Veterinary disposables can help pet owners provide better care for their pets by increasing the availability of advanced veterinary equipment and disposables and improving the efficacy and safety of these products. For instance, in 2021, according to Chewy, Inc., a US-based online retailer of pet food and other products, there were around 977,202 pets adopted in the US in 2021, which resulted in the highest adoption rate of 61% in the past six years. Therefore, the rise in pet ownership aids in the growth of the veterinary disposable market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/veterinary-disposables-global-market-report
The veterinary disposables market covered in this report is segmented -
1) By Type: Critical Care Consumables, Wound Management Consumables, Fluid Administration and Therapy Consumables, Airway Management Consumables, Gastroenterology Consumables, Needles, Other Types
2) By Animal Type: Small Animals, Large Animals, Other Animal Types
3) By End User: Veterinary Clinics, Veterinary Hospitals, Research Institutes, Other End Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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