Global Veterinary Devices Market Snapshot to 2027 – Rising Animal Health Spending and Growing Demand for Pet Insurance Present Opportunities – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Veterinary Devices Market Research Report by Type (Anesthesia Equipment, Critical Care Consumables and Fluid Management Equipment), Animal Type, Region (Americas, Asia-Pacific and Europe, Middle East and Africa) – Global Forecast to 2027 – Report “Cumulative Impact of COVID-19” has been added to from ResearchAndMarkets.com offer.

The global veterinary devices market size was estimated to be USD 1,762.34 million in 2021, USD 2,008.72 million in 2022, and is projected to grow at a CAGR of 14.23% to reach USD 3,916.39 million. 2027.

Competitive Strategy Window:

The strategic competitive window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or match between its capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for vendors to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to execute further business expansion and growth. during a forecast period.

FPNV positioning matrix:

The FPNV Positioning Matrix assesses and ranks the vendors in the Veterinary Devices Market based on business strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction ( value for money, ease of use, product features, and customer support) that helps businesses make better decisions and better understand the competitive landscape.

Market share analysis:

The market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of ​​its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of suppliers for the reference year. It reveals the characteristics of the market in terms of accumulation, fragmentation, dominance and merger.

The report provides information about the following pointers:

1. Market Penetration: Provides comprehensive information about the market offered by major players

2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration in mature market segments

3. Market Diversification: Provides detailed information on new product launches, untapped geographies, recent developments and investments

4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of key players

5. Product Development and Innovation: Provides smart insights into future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the global veterinary devices market?

2. What are the inhibiting factors and impact of COVID-19 on the global veterinary devices market during the forecast period?

3. What are the products/segments/applications/areas to invest in during the forecast period in the Global Veterinary Devices Market?

4. What is the competitive strategic window for opportunities in the Global Veterinary Devices Market?

5. What are the technological trends and regulatory frameworks in the global veterinary devices market?

6. What is the market share of the major vendors in the global veterinary devices market?

7. What modes and strategic moves are considered suitable for entering the global veterinary devices market?

Market dynamics

Drivers

  • Increase in the animal population globally and increase in the number of practicing veterinarians in developed regions

  • Increased incidence of animal diseases

  • Increased animal health expenditure associated with increased disposable income

Constraints

  • High cost of pet care equipment

Opportunities

  • Rising Animal Health Spending and Growing Demand for Pet Insurance

  • Advancements in equipment have improved veterinary services such as portable x-ray and portable ultrasound scanners

Challenges

  • Shortage of veterinarians in emerging economies

Companies cited

  • AM Bickford, Inc.

  • B. Braun

  • Burtons Medical Equipment Ltd

  • Charles Brungart

  • Dental

  • Dispomed ltd

  • Veterinary DRE

  • Henke-Sass, Wolf GmbH

  • Henry Schein

  • Jorgensen Laboratories

  • Environment

  • MinXray, Inc.

  • Neogen Corporation

  • group of blacksmiths

  • United States TeleDart

For more information about this report visit https://www.researchandmarkets.com/r/o6bihs

Boyd S. Abbott