Best Prospects in the Global Veterinary Medical Equipment Market and Strategies for Growth – Includes Veterinary Medical Equipment Market Size
The Business Research Company’s report goes into great detail on the veterinary medical equipment market size and growth, veterinary medical equipment market regional analysis, veterinary medical equipment market competitive landscape, and other critical information needed to excel in the veterinary medical equipment industry.
Major players in the veterinary medical equipment market include Covetrus Inc., IDEXX Laboratories Inc., Integra LifeSciences Corporation, Mindray Medical International Limited, Midmark Corporation.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The veterinary medical equipment market is expected to grow from $2.12 billion in 2020 at a CAGR of 5.4% to reach $2.77 billion in 2025. The global veterinary medical equipment market size is expected to reach $3.56 billion in 2030, at a CAGR of 5.2%.
North America was the largest region in the global veterinary medical equipment market, accounting for 51.9% of the total in 2021.
The veterinary medical equipment market consists of sales of veterinary medical equipment and related services by entities (organizations, sole traders and partnerships) that produce veterinary medical equipment used in the diagnosis, monitoring, and treatment of medical conditions in animals. This industry includes establishments that produce veterinary surgical equipment such as endoscopic systems, dental equipment, veterinary telemetry services, and others.
Adoption of companion animals is expected to drive the veterinary medical equipment market.
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Hand-held devices are being widely used for medical examinations for faster diagnosis of medical conditions in animals. Customized smartphones and mobile applications are being used for medical diagnosis. Portable x-ray and portable ultrasound scanners have also increased the efficiency of veterinary treatment.
TBRC’s Global Veterinary Medical Equipment Market Report Is Segmented:
By Type : Veterinary Diagnostic Equipment, Veterinary Anesthesia Equipment, Veterinary Patient Monitoring Equipment, Others
By Product :Instruments/Equipment, Disposables
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Veterinary Medical Equipment Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the veterinary medical equipment market globally and regionally, analyzes and forecasts market size, share, veterinary medical equipment market players, veterinary medical equipment market segments, leading competitor revenues, profiles and market shares.
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