Veterinary Equipment Market is projected to Reach US$ 4.45 Billion by 2030, at a CAGR of 9.1% during the forecast period 2023-2030, According to IBI
Animal equipment is one of the most crucial and essential supplies for feeding animals. With the use of this technology, animals can live long, productive lives without suffering from a variety of illnesses that are commonly brought on by inadequate nutrition. Animal feed is the term used to describe food for domesticated animals, which includes both livestock and pet animals. Equipment that can be utilized for both livestock and companion animals is needed for many types of animals.
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The global Veterinary Equipment Market size is estimated to be worth US$ 2.34 Billion in 2022. It is forecast to have a readjusted size of USD 4.45 Billion by 2030 with a CAGR of 9.1% during the forecast period. The Market Research Report 2023-2030 is an in-depth analysis of the Global Veterinary Equipment Market. Based on historic growth analysis and the current scenario of the Veterinary Equipment Market place, the report intends to offer actionable insights into Global market growth projections. Authenticated data presented in the report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate a deeper understanding of multiple aspects of the Global Veterinary Equipment Market. This further helps users with their developmental strategy.
Who are the Top key players in the Veterinary Equipment market?
DRE Medical, APEXX Veterinary, Paragon, EICKEMEYER, Woodley Equipment, Shank’s Veterinary, Eickemeyer Veterinary, Dispomed, Patterson Veterinary, Whittemore Enterprises, Smiths Group, Medtronic, 3M, Jorgen Kruuse, Digicare Biomedical Technology, Hallowell Engineering & Manufacturing Corporation, Midmark Corporation, Jorgensen Laboratories, Mila Internationa, and Others.
Which Is the Most Potential Veterinary Equipment market segment?
The Most important types covered in this report are:
- X-ray Machines
- Veterinary EKGs and ESUs
- Veterinary Tables
- Orthopedic Instruments
- Disposable Equipment
- Others
The Most important Applications covered in this report are:
- Zoo
- Pet Clinic
- Farm
- Others
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In 2023, the healthcare sector maintained a 35% market share. In the upcoming years, the diagnostics section is predicted to become dominant. This is a result of the growing reliance on medical services for diagnostic purposes. The adoption of companion animals is increasing, and people are becoming more aware of the prevalence of zoonotic diseases in these animals, which naturally increases the demand for routine checkups and boosts the diagnostics market for veterinary equipment globally. According to segmentation by end-user, the clinics segment held the majority of the market share. This expansion can be due to the large range of therapeutic options provided by veterinary hospitals and clinics. The chance for segment expansion has grown over the past several years as a result of guidelines issued by various government animal welfare organizations for the implementation of safety measures and regulations in hospitals.
Which Region Dominated The Veterinary Equipment Market?
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Veterinary Equipment Market in these regions, from 2023 to 2030 (forecast), covering
North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Columbia, etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
- Historical Years: 2017-2021
- Base Year: 2022
- Estimated Year: 2022
- Forecast Period: 2023-2030
What Is the Main Objective of the Report?
The Global Veterinary Equipment market report provides a holistic evaluation of the market for the forecast period (2022-2030). The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. The Veterinary Equipment market report growth depends on product application, type, technology, and region. An extended view of regional analysis aims to bring readers closer to market opportunities and risks. It also examines the economic scenarios with the impact of Covid-19 analysis is expected to grow the market on a large and small scale.
Strategic Points Covered in Table of Content of Veterinary Equipment Market:
Chapter 1: Introduction
Chapter 2. Executive Summary
Chapter 3. Industry Outlook
3.1. Veterinary Equipment Global Market Segmentation
3.2. Veterinary Equipment Global Market Size and growth prospects, 2015 – 2026
3.3. Veterinary Equipment Global Market Value Chain Analysis
3.3.1. Vendor landscape
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.6. Porter’s Analysis
3.6.1. Threat of New Entrants
3.6.2. Bargaining Power of Buyers
3.6.3. Bargaining Power of Buyers
3.6.4. Threat of Substitutes
3.6.5. Internal Rivalry
3.7. PESTEL Analysis
Chapter 4. Veterinary Equipment Global Market Product Outlook
Chapter 5. Veterinary Equipment Global Market Application Outlook
Chapter 6. Veterinary Equipment Global Market Geography Outlook
6.1. Veterinary Equipment Industry Share, by Geography, 2022 & 2030
6.2. North America
6.2.1. Veterinary Equipment Market 2022 -2030 Estimates and forecast, by Product
6.2.2. Veterinary Equipment Market 2022 -2030, estimates and Forecast, by Application
6.2.3. The U.S.
6.2.4. Canada
6.3. Europe
6.3.3. Germany
6.3.4. the UK
6.3.5. France
Chapter 7. Competitive Landscape
Chapter 8. Appendix
Customization of the Report: This report can be customized as per your needs for additional data for up to 5 companies or 5 countries or nearly 40 analyst hours.
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