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Veterinary Equipment & Supplies Market worth $3.75 billion by 2030, growing at a CAGR of 7.10% - Exclusive Report by 360iResearch

02-28-2024 09:36 AM CET | Health & Medicine

Press release from: 360iResearch

Veterinary Equipment & Supplies Market | 360iResearch

Veterinary Equipment & Supplies Market | 360iResearch

The "Veterinary Equipment & Supplies Market by Type (Anesthesia Equipment, Critical Care Consumables, Fluid Management Equipment), Animal Type (Large Animals, Small Companion Animals), Application, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Veterinary Equipment & Supplies Market to grow from USD 2.32 billion in 2023 to USD 3.75 billion by 2030, at a CAGR of 7.10%.

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Veterinary equipment & supplies encompass a vast range of instruments and materials designed to diagnose and treat various ailments and conditions in animals. This field involves all the equipment that a practicing veterinarian or a veterinary clinic would require to perform their duties and services efficiently and effectively. The rising demand for animal-based protein, increasing companion animal ownership, escalating animal health expenditure, and growing awareness about zoonotic diseases increase the adoption of veterinary equipment & supplies. However, high costs associated with advanced veterinary equipment may hinder the growth of the veterinary equipment & supplies market. In addition, the technological advancements in veterinary devices and ongoing progress in animal health research are expected to create opportunities for expansion and growth within this sector.

The veterinary equipment & supplies market is evolving in the Americas owing to technological advancements, increasing adoption of pet insurance, rising animal health expenditure, and a surge in pet ownership. The Asia Pacific region is witnessing exponential growth owing to the surging awareness about animal health, increasing expenditure on pet care, and prospects for livestock production. Significant investments are directed towards improving animal healthcare infrastructure and promoting advanced veterinary care in the APAC region. The EMEA region is a diverse landscape of veterinary care characterized by robust research in veterinary medicine and high-quality standards in animal care. Investments are directed at new preventative measures and therapies for animal diseases, raising the need for efficient equipment & supplies. Besides, technological advancements in veterinary equipment & supplies to improve treatment outcomes and enhance performance are anticipated to propel the growth of the veterinary equipment & supplies market globally.

Market Segmentation & Coverage:

This research report categorizes the Veterinary Equipment & Supplies Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Anesthesia Equipment, Critical Care Consumables, Fluid Management Equipment, Patient Monitoring Equipment, Rescue & Resuscitation Equipment, Research Equipment, and Temperature Management Equipment. The Fluid Management Equipment is projected to witness significant market share during forecast period.

Based on Animal Type, market is studied across Large Animals and Small Companion Animals. The Large Animals is projected to witness significant market share during forecast period.

Based on Application, market is studied across Diagnosis, Monitoring & Therapy and Surgical Application. The Surgical Application is projected to witness significant market share during forecast period.

Based on End-User, market is studied across Veterinary Clinics & Hospitals, Veterinary Laboratories, and Veterinary Research Institutes. The Veterinary Clinics & Hospitals is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.14% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Veterinary Equipment & Supplies Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Veterinary Equipment & Supplies Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Veterinary Equipment & Supplies Market, highlighting leading vendors and their innovative profiles. These include Advancis Veterinary Ltd., B. Braun SE, Becton, Dickinson and Company, Bionet America, Inc., Burtons Medical Equipment Ltd., Cardinal Health, Inc., Covetrus, Inc., Digicare Biomedical, Dispomed Ltd., DRE Medical, Inc. by Avante Animal Health, Eickmeyer, Grady Medical Systems, Integra LifeSciences Corporation, J & J Instruments, Inc., Jorgensen Laboratories, LLC, Masimo Corp., Midmark Corporation, MILA International, Inc., Naugra Medical, Neogen Corporation, New Gen Medical Systems, Nonin Medical, Inc., RWD Life Science Co., Ltd., Vetland Medical Sales & Services LLC, and Vetronic Services Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Veterinary Equipment & Supplies Market, by Type
7. Veterinary Equipment & Supplies Market, by Animal Type
8. Veterinary Equipment & Supplies Market, by Application
9. Veterinary Equipment & Supplies Market, by End-User
10. Americas Veterinary Equipment & Supplies Market
11. Asia-Pacific Veterinary Equipment & Supplies Market
12. Europe, Middle East & Africa Veterinary Equipment & Supplies Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Veterinary Equipment & Supplies Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Veterinary Equipment & Supplies Market?
3. What is the competitive strategic window for opportunities in the Veterinary Equipment & Supplies Market?
4. What are the technology trends and regulatory frameworks in the Veterinary Equipment & Supplies Market?
5. What is the market share of the leading vendors in the Veterinary Equipment & Supplies Market?
6. What modes and strategic moves are considered suitable for entering the Veterinary Equipment & Supplies Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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