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In-depth research on Veterinary Ventilators Market Size & Share, Growth, Trends, and Forecast 2017 - 2025

02-21-2018 12:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

"The Report Veterinary Ventilators Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

The main objective of this report is to define, describe, and forecast the global “Veterinary Ventilators” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Veterinary ventilators are used in a wide variety of surgical conditions. Veterinary ventilation provides respiratory support for animals that are unable to maintain ventilation or oxygenation on their own. They play an important role in veterinary hospitals and clinics during surgical processes carried out among animals. Emergency veterinarians and intensive care unit technicians use veterinary ventilation units extensively for the support of lungs functioning in pets or animals. Ventilation process is also required during three circumstances: persistent hypoventilation, severe hypoxemia (unresponsive to oxygen therapy), and excessive breathing or fatigue. New developments in veterinary ventilation devices enables comfortable humidified sleep therapy for animals, which is paving the way for more treatment options for animals.

Major diseases such as respiratory muscle paralysis, snake envenomation, drug toxicities, coonhound paralysis, tick paralysis, myasthenia gravis, cervical disc disease, severe brain disease or head trauma, cardiac arrest, and lung disease are affecting the veterinary animals very frequently at a global level. Hence the high prevalence of respiratory disease among veterinary animals, rising veterinary animal disease awareness programs, growing research and development initiatives, growing demand for veterinary ventilators devices as it is easy-to-use and controls to make operations simple makes the devices most important driving factor for veterinary ventilators market. According to the University of Florida, Small Animal Hospital, 30% of dogs who are being ventilated for pneumonia are successfully taken off with the use of a ventilator and 75% of dogs ventilated due to respiratory muscle paralysis showed better prognosis with ventilators. Versatile devices such as compos X veterinary ventilator and comfortable humidified ventilators is projected to fuel the overall veterinary ventilators market. Varying cost of treatment using ventilators and growing sensitivity of ventilators toward animals is expected to hamper the growth of the veterinary ventilators market.

The veterinary ventilators market has been segmented by technology type, application type, end-users, and geography. In terms of technology type, the market is classified into electro-pneumatic, electronic, pneumatic, and mechanical. In terms of application, the market is classified into lungs disease, cervical disc disease, neuromuscular disease, and others. Lungs disease among animals is a fast growing application segment because of increasing hypoventilation among veterinary animals globally. According to an article published by the University of Georgia, animals ventilated due to hypoventilation carry the best prognosis with approximately 50% discharged, and 15% of animals ventilated for hypoxemia are discharged from the hospital. In terms of end users, the market is classified into veterinary diagnostic laboratories, life sciences and research & development, and veterinary hospitals.

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Geographically, the veterinary ventilators market is classified into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominates the global veterinary ventilators market due to patient (veterinary animals) awareness with high per capita health care expenditure for veterinary units. Early-phase diagnosis and treatment of disease is driving the medical biotechnology market which in turn is expected to drive the veterinary ventilators market in North America. Europe is the second largest market for veterinary ventilators due to favorable government policies regarding veterinary farming and increasing demand for trading facilities for healthy veterinary animals. The veterinary ventilators market in Asia Pacific is expected to grow at a higher rate due to rising veterinary animal business & farms, and increasing per capita expenditure on veterinary sectors by governments. In addition, economic growth in the agriculture sector is supporting veterinary infrastructure improvement in developing countries such as India, Australia, and China. Thus, all the above mentioned factors collectively support the growth of the veterinary ventilators market which is estimated to increase the growth rate of the market segment in Asia Pacific region by 2025.

Major players operating in the global veterinary ventilators market include DRE Veterinary, Eickemeyer Veterinary Equipment Ltd., Equipement Veterinaire MINERVE, Metan Co., Ltd, Smiths Medical, DRE Veterinary (Avante Health Solutions), Miden Medical, Midmark Corp, JD Medical, Hallowell Engineering & Manufacturing Corporation, and Vetronic Services Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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