What is Veterinary Equipment And Disposables Market?
Veterinarians use a variety of tools to complete the dressing of the wounds, check-up up vets, collect bodily fluids, and do multiple surgeries on the animals. Accessories such as surgical clamps, microscopes, saws, pin drivers, suction machines, and catheters are commonly practised in surgeries, however, vets also use tools that are invented particularly for animals. These specific tools include electric and manual razors that are used to remove hair from furry animals to perform surgical procedures on them. The veterinarians use equipment that is similar to the ones used by physicians adapted to the needs of their animal patients. Advanced veterinary equipment includes instruments ranging from simplistic surgical instruments and disposables such as needles and blades to high technology equipment with imaging capabilities. Functional veterinarians provide specific services such as assistance for reproduction through insemination, which can be achieved through ultrasound procedures, insemination equipment, and blood and fertility tests. The advanced devices used by veterinarians include cold laser treatment machines, photo-biotherapy machines, surgical lasers, and others.
The market study is being classified by Type (Consumables, Anesthesia Machines, Ventilators, Patient Monitoring, Oxygen Masks and Infusion Pumps) and major geographies with country level break-up.
Smiths Group Plc (United Kingdom), Medtronic Plc (Ireland), 3M Company (United States), Jorgen Kruuse A/S (Denmark), Digicare Biomedical Technology, Inc. (United States), Vetland Medical Sales and Services LLC (United States), Hallowell Engineering & Manufacturing Corporation (United States), DRE Veterinary (United States), Midmark Corporation (United States), Jorgensen Laboratories (United States) and Mila International Inc. (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Veterinary Equipment And Disposables market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Veterinary Equipment And Disposables market by Type, Application and Region.
On the basis of geography, the market of Veterinary Equipment And Disposables has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The rising incidence of animal-related disorders coupled with increasing investments in veterinary healthcare is expected to drive the growth of the veterinary equipment and disposables market
- The rising investment in animal healthcare is leading to the development of innovative technologies such as disposable veterinary infusion pumps for delivering various medical dosage of therapeutics to the pet
Market Trend
- The emerging Demand for Pet Insurance With Growing Animal Health Expenditure
Restraints
- Lack of Animal Healthcare Awareness in Emerging Markets
Opportunities
- The rise in companion animal population is one of the significant factors the let the demand in the global veterinary equipment and disposables market.
- Chronic conditions such as pet cancer, foot and mouth disease, and lumpy skin disease are among the most commonly encountered chronic animal and livestock diseases in the world
Challenges
- Shortage of Veterinarians in Emerging Markets
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Veterinary Equipment And Disposables Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry