Veterinary Equipment Market - Global Industry Analysis, Share and Future Forecast
North America is estimated to hold the largest share of the Veterinary Equipment and Disposables Market during the forecast period, followed by Europe and the Asia Pacific.
(EMAILWIRE.COM, February 25, 2020 ) Rising animal health expenditure and the growing demand for pet insurance will drive the Veterinary Equipment Market, the increasing number of veterinary practitioners in developed regions, and growth in the companion animals' market are the primary drivers for the global market during the forecast period.
According to a new market research report "Veterinary Equipment Market by Product (Consumables, Anesthesia Machines, Ventilators, Patient Monitoring, Oxygen Masks, Infusion Pumps), Animal (Cats, Dogs, Equines, Bovines), End User (Hospitals, Clinics) - Global Forecast to 2023", published by MarketsandMarkets™.
The Global Veterinary Equipment and Disposables Market is projected to reach USD 2.40 billion by 2023, at a CAGR of 8.0% during the forecast period.
Veterinary Equipment Market Segmentation:
On the basis of type, the critical care consumables segment accounted for the largest share of the global market. The large share of consumables can be attributed to the large number of consumables required and consumed in almost every veterinary care process, as opposed to the one-time cost of capital equipment.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=14169630
Based on animal, the small companion animals' segment will dominate the market in 2023. The large share of this segment can be attributed to the high adoption of companion animals and rising expenditure on animal health.
Based on end user, veterinary clinics are estimated to hold the largest share of the market in 2023. The large share of this segment can be attributed to the growing number of patient visits along with the increasing number of private clinical practices and increasing practice revenues.
Veterinary Equipment Market – Geographical Segmentation
Factors such as the increasing number of companion animals, rising companion animal healthcare expenditure, rise in the number of livestock animals in North America (primarily due to the increasing consumption of meat and dairy products), and growth in the pet insurance market are responsible for the region's large share in the global market.
Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=14169630
Major Key Players in Worldwide Market:
The prominent players in the Veterinary Equipment Market are Mindray Medical International Limited (China), Smiths Group plc (UK), Nonin Medical (US), Digicare Biomedical Technology, Inc. (US), B. Braun Melsungen AG (Germany), Henry Schein (US), Vetland Medical Sales and Services, LLC (US), Hallowell Engineering & Manufacturing Corporation (US), Infiniti Medical, LLC (US), DRE Veterinary (US), and Midmark Corporation (US).
According to a new market research report "Veterinary Equipment Market by Product (Consumables, Anesthesia Machines, Ventilators, Patient Monitoring, Oxygen Masks, Infusion Pumps), Animal (Cats, Dogs, Equines, Bovines), End User (Hospitals, Clinics) - Global Forecast to 2023", published by MarketsandMarkets™.
The Global Veterinary Equipment and Disposables Market is projected to reach USD 2.40 billion by 2023, at a CAGR of 8.0% during the forecast period.
Veterinary Equipment Market Segmentation:
On the basis of type, the critical care consumables segment accounted for the largest share of the global market. The large share of consumables can be attributed to the large number of consumables required and consumed in almost every veterinary care process, as opposed to the one-time cost of capital equipment.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=14169630
Based on animal, the small companion animals' segment will dominate the market in 2023. The large share of this segment can be attributed to the high adoption of companion animals and rising expenditure on animal health.
Based on end user, veterinary clinics are estimated to hold the largest share of the market in 2023. The large share of this segment can be attributed to the growing number of patient visits along with the increasing number of private clinical practices and increasing practice revenues.
Veterinary Equipment Market – Geographical Segmentation
Factors such as the increasing number of companion animals, rising companion animal healthcare expenditure, rise in the number of livestock animals in North America (primarily due to the increasing consumption of meat and dairy products), and growth in the pet insurance market are responsible for the region's large share in the global market.
Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=14169630
Major Key Players in Worldwide Market:
The prominent players in the Veterinary Equipment Market are Mindray Medical International Limited (China), Smiths Group plc (UK), Nonin Medical (US), Digicare Biomedical Technology, Inc. (US), B. Braun Melsungen AG (Germany), Henry Schein (US), Vetland Medical Sales and Services, LLC (US), Hallowell Engineering & Manufacturing Corporation (US), Infiniti Medical, LLC (US), DRE Veterinary (US), and Midmark Corporation (US).
Contact Information:
MarketsandMarkets™
Mr. Sanjay Gupta
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
MarketsandMarkets™
Mr. Sanjay Gupta
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results