Veterinary Injectable Devices Market Current Scenario with Future Aspect Analysis

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 2031."

According to the latest research by InsightAce Analytic, the global Veterinary Injectable Devices Market Size is valued at USD 871.59 Million in 2023 and is predicted to reach USD 1406.96 Million by the year 2031 at a 6.5% CAGR during the forecast period for 2024-2031.

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Pet ownership has seen a significant rise across both developed and developing nations, leading to an increased focus on the health and well-being of companion animals. This growing pet population has heightened concerns regarding various diseases that commonly affect pets. For example, canine illnesses such as Brucellosis, Campylobacteriosis, Echinococcosis, and Capnocytophaga spp. often require multiple forms of treatment. According to the World Organisation for Animal Health, rabies remains a global health threat, responsible for approximately 59,000 human fatalities annually. These concerns underscore the critical need for timely veterinary intervention, including preventive measures such as vaccination and early treatment, to safeguard both animal and public health.

The ease of administering medications via injections instead of the oral route has helped drive the demand for veterinary injectable devices in the modern animal healthcare industry. Many veterinary doctors also choose injectable devices since they operate quickly when administered in this way. Future veterinary injectable device sales are expected to experience significant growth due to continued progress in the development of animal medications for uncommon diseases. The rising frequency of various animal diseases is driving the growth of the veterinary injectable devices market.

Companion animals have become an essential part of people's lives, and healthcare spending on these animals has expanded, bolstering the market share of veterinary injectable devices. Increased healthcare spending in emerging countries to keep food products and animals healthy is also pushing the market size of veterinary injectable devices. High regulatory approval of injectable medications for animal health in these nations also increases target market opportunities.

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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, 2024-2031 (Value US$ Mn)
• Syringes
• Needles
• Remote Injection Systems
• Other Device Type
Global Veterinary Injectable Devices Market, by Usage, 2024-2031 (Value US$ Mn)
• Disposable
• Reusable
• Sterile
• Other Usage (Safety, Etc.)
Global Veterinary Injectable Devices Market, by End-Users, 2024-2031 (Value US$ Mn)
• Animal Research Institutes & Labs
• Veterinary Hospitals
• Pet Clinics
• Veterinary Pharmacies
• Other End-Users
Global Veterinary Injectable Devices Market, by Region, 2024-2031 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Veterinary Injectable Devices Market, by Country, 2024-2031 (Value US$ Mn)
• U.S.
• Canada
Europe Veterinary Injectable Devices Market, by Country, 2024-2031 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Veterinary Injectable Devices Market, by Country, 2024-2031 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Veterinary Injectable Devices Market, by Country, 2024-2031 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Veterinary Injectable Devices Market, by Country, 2024-2031 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

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