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Veterinary Equipment and Supplies Market Segmentation and Opportunities: In-Depth Market Research #1085
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The global veterinary equipment and supplies market size is expected to reach USD 3.76 Billion at a steady revenue CAGR of 8.1% in 2030, according to the latest analysis by Emergen Research. One of the primary driving factors leading to increased revenue growth of this market is an increase in companion animal population. Pet ownership, for example, has reached new highs in recent years, according to statistics. According to a 2021-2022 American Pet Products Association (APPA) study, 70% of households possess a pet. During the COVID-19 outbreak, almost 30% of Americans adopted at least one pet. Every year, nearly 3 million dogs enter shelters, yet over 4.1 million are adopted. As the number of companion animals grows, so does the demand for veterinary equipment and supplies.
The Global Veterinary Equipment and Supplies Market Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Veterinary Equipment and Supplies Market market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.
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Effect of COVID-19 on the global market for Veterinary Equipment and Supplies Market
The COVID-19 pandemic had a significant negative influence on the market for Veterinary Equipment and Supplies Market in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Veterinary Equipment and Supplies Market were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Veterinary Equipment and Supplies Market in 2020. Additionally, demand for Veterinary Equipment and Supplies Market decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Veterinary Equipment and Supplies Market market : Competitive Landscape
The prominent players operating in the Veterinary Equipment and Supplies Market market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Veterinary Equipment and Supplies Market market .
B. Braun SE, Covetrus, BD, Cardinal Health, Neogen Corporation, Integra LifeSciences, Midmark Corporation, Jorgensen Labs, Shenzhen Mindray Animal Medical Technology Co., LTD., Nonin
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the Global Veterinary Equipment and Supplies Market Market Research Report provides forecasts and future market projections, equipping businesses with the necessary tools to plan ahead. The report’s forward-looking approach, backed by data-driven predictions, ensures that companies can navigate the evolving market landscape with confidence. Through a combination of current market analysis and future outlook, the report serves as an invaluable resource for businesses aiming for long-term success.
Based on types, the market is segmented into
Type Outlook (Revenue, USD Billion; 2019–2030)
Critical Care Consumables
Anesthesia Equipment
Fluid Management Equipment
Temperature Management Equipment
Patient Monitoring Equipment
Research Equipment
Rescue and Resuscitation Equipment
Application Outlook (Revenue, USD Billion; 2019–2030)
Surgical Application
Diagnosis, Monitoring, and Therapy
Animal Type Outlook (Revenue, USD Billion; 2019–2030)
Small Animals
Large Animals
Others
Regional Outlook :
The growth of the Veterinary Equipment and Supplies Market Market on a global scale is influenced by region-specific dynamics. North America and Europe lead with technological innovation and solid regulatory environments, though supply chain challenges and compliance issues are present. In the Asia-Pacific region, especially in China and India, rapid urbanization and heightened consumer demand are fueling expansion. Meanwhile, emerging markets in Latin America, the Middle East, and Africa present growth potential, driven by economic reform and investment, yet face significant obstacles in the form of political instability and underdeveloped infrastructure.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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