Veterinary Injectable Devices Market Injection Molding a Healthier Future Growth Prospects

Veterinary Injectable Devices Market Assessment worth $ 1.3 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Veterinary Injectable Devices Market- by Devices (Syringes, Needles, Remote Injection Systems, And Other Device Types), Usage (Disposable, Reusable, Sterile, And Other Users (safety, Etc.)), End-Users (Animal Research Institutes & Labs, Veterinary Hospitals, Pet Clinics, Veterinary Pharmacies, And Other End-users), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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According to the latest research by InsightAce Analytic, the global Veterinary Injectable Devices market is valued at US$ 820.53 Million in 2021, and it is expected to reach US$ 1299.01 Million by 2030, with a CAGR of 5.5% during a forecast period of 2024-2031.

Rising Demand for Veterinary Injectable Devices
The global pet population has surged in both industrialized and developing nations. This trend is accompanied by a growing concern for pet health and the need for effective treatments. Several factors are driving the demand for

veterinary injectable devices:
• Combatting Common Canine Infections: Injectable medications are crucial for treating frequent canine infections like Capnocytophaga spp., Brucellosis, Echinococcosis, and Campylobacteriosis.

• Global Rabies Threat: The World Organization for Animal Health identifies rabies as a persistent global threat, claiming roughly 59,000 lives annually. Efficient vaccination and treatment of animals are critical to curb rabies transmission.

Advantages of Injectable Devices
Veterinary injectable devices offer several advantages over other medication delivery methods, making them a preferred choice for veterinarians:

• Ease of Administration: Compared to oral medications, injectable drugs are often easier to administer to animals, improving treatment compliance.

• Faster Acting: Injectable medications typically deliver faster-acting results, making them suitable for emergency situations.

Market Growth Drivers
The veterinary injectable devices market is experiencing significant growth due to several factors:

• Development of New Treatments: The ongoing development of treatments for rare animal diseases is expected to further propel the demand for injectable devices.

• Rising Prevalence of Animal Diseases: The increasing incidence of various animal diseases necessitates effective treatment options, driving the market for injectable devices.

• Growing Importance of Companion Animals: The rising emotional attachment to companion animals and the corresponding increase in pet healthcare spending are contributing to market growth.

• Increased Healthcare Spending in Developing Nations: Developing countries are witnessing a rise in healthcare expenditure on animals, including the use of injectable devices, to safeguard animal health and food security.

• Streamlined Regulatory Approvals: A more streamlined regulatory approval process for injectable animal health medications in developing nations further expands the target market for veterinary injectable devices.

By addressing the growing need for efficient animal healthcare solutions, the veterinary injectable devices market is well-positioned for continued expansion in the years to come.

North America is anticipated to be the major contributor to the Veterinary Injectable Devices market because superior veterinary medical facilities are available. Increased U.S. spending on pets has also helped fuel future trends in the market for veterinary injectable devices in the area. Further boosting the market share for veterinary injectable devices in the region is that North America is one of the largest meat-consumption markets and strict laws require that meat only comes from healthy animals.

In addition, the Asia Pacific Veterinary Injectable Devices market is expected to grow significantly during the forecast period due to the development of significant poultry enterprises, the existence of a large number of farm animals, and the expansion of animal healthcare infrastructure. Farm and poultry animals are at a higher risk of contracting the illness than companion animals, and farm animal and poultry deaths will result in financial losses. Vaccination is carried out with government assistance to protect farm animals from disease, and it is anticipated that this would result in higher sales of veterinary injectable devices in the local market.

Major market players operating in the Veterinary Injectable Devices market include Schippers Export B.V., Akra Dermojet, Allflex Livestock Intelligence (SCR Engineers Ltd.), Terumo Medical Corporation, Neogen Corporation, Boehringer Ingelheim, TeleDart USA, H. Hauptner Und Richard Herberholz GmbH & Co. K.G., Quick Shot Corporation, Syrinjector Ltd, Accesia, Aesthetic Group, AVID Pet MicroChip, Genia, Millpledge Veterinary, Nordson Efd, Pharma Supply Inc, UID Identification Solutions, Ultimed, and Vygon Vet.

Recent collaborations and agreements in the market:
• In January 2022, Smiths Medical of the USA was purchased by ICU Medical Inc. Smiths Medical created and provided ambulatory infusion devices, syringes, and other animal care items for the U.S. market and markets in neighbouring nations.

• In December 2021, Covetrus Inc. of the USA surpassed VCP's technological foundation and infrastructure. With the help of this acquisition, it hopes to open up new avenues for doing business with pet owners.

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Market Segments
Global Veterinary Injectable Devices Market, by Devices, 2022-2030 (Value US$ Mn)
• Syringes
• Needles
• Remote Injection Systems
• Other Device Type

Global Veterinary Injectable Devices Market, by Usage, 2022-2030 (Value US$ Mn)
• Disposable
• Reusable
• Sterile
• Other Usage (Safety, Etc.)

Global Veterinary Injectable Devices Market, by End-Users, 2022-2030 (Value US$ Mn)
• Animal Research Institutes & Labs
• Veterinary Hospitals
• Pet Clinics
• Veterinary Pharmacies
• Other End-Users

Global Veterinary Injectable Devices Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Veterinary Injectable Devices Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Veterinary Injectable Devices Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Veterinary Injectable Devices Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Veterinary Injectable Devices Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Veterinary Injectable Devices Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Veterinary Injectable Devices market
 To receive an industry overview and future trends of the Veterinary Injectable Devices market
 To analyze the Veterinary Injectable Devices market drivers and challenges
 To get information on the Veterinary Injectable Devices market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Veterinary Injectable Devices market industry

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