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Veterinary Infusion Pumps Market Growth, Expected to Surpass $110 Million by 2031

03-18-2024 02:14 PM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

/ PR Agency: Allied Market Research (AMR)
Veterinary Infusion Pumps Market Growth, Expected to Surpass

The global veterinary infusion pumps market is witnessing substantial growth, with projections indicating a valuation surpassing $110 million by 2031. According to the latest market analysis, the market was valued at $76,000.0 thousand in 2021, with a projected CAGR of 3.8% from 2022 to 2031.


๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ: https://www.alliedmarketresearch.com/request-sample/A14901


๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

The surge in adoption of companion animals and increased awareness regarding animal health are driving the growth of the veterinary infusion pumps market. Notably, statistics from the North American Pet Health Insurance Association reveal that 67% of U.S. families owned a pet in 2019. Additionally, the prevalence of animal diseases such as cancer and kidney-related issues, requiring prolonged hospitalization, is fueling demand for veterinary infusion pumps in hospitals and clinics.


๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The market is further boosted by the rise in expenditure on pets, with significant annual spending reported for both dogs and cats in the United States. The increasing popularity of pet insurance, with a total premium volume nearing $2.6 billion in 2021 according to the Insurance Information Institute, is also contributing to heightened demand for veterinary infusion pumps.


๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ:

Quantitative analysis of market segments and trends

Insights into key drivers, restraints, and opportunities

Porter's five forces analysis for strategic decision-making

In-depth segmentation analysis to identify market opportunities

Regional and global market trends, key players, and growth strategies


๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž: Expected to reach USD 110.8 million by 2031

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž: CAGR of 3.8% during the forecast period

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐š๐ ๐ž๐ฌ: Comprehensive analysis across 210 pages

๐๐ฒ ๐“๐ฒ๐ฉ๐ž: Syringe Infusion Pumps, Large Volume Infusion Pumps

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ: Veterinary Hospitals, Veterinary Clinics, Others

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ: Digicare Biomedical Technology Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Opto Circuits (India) Ltd., and more.


๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A14901


The veterinary infusion pumps market report offers crucial insights for stakeholders to make informed decisions and capitalize on emerging opportunities. With a focus on innovation and improving animal healthcare outcomes, the market is poised for significant growth in the coming years.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

David Correa

Portland, OR, United States

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help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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