Insights on the Veterinary Device Global Market to 2027 - Rising Animal Health Expenditure and Growing Demand for Pet Insurance Presents Opportunities - ResearchAndMarkets.com

DUBLIN--()--The "Veterinary Device Market Research Report by Type (Anesthesia Equipment, Critical Care Consumables, and Fluid Management Equipment), Animal Type, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Veterinary Device Market size was estimated at USD 1,762.34 million in 2021, USD 2,008.72 million in 2022, and is projected to grow at a CAGR 14.23% to reach USD 3,916.39 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Veterinary Device 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 aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

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

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on 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 Device Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Veterinary Device Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Veterinary Device Market?

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

5. What are the technology trends and regulatory frameworks in the Global Veterinary Device Market?

6. What is the market share of the leading vendors in the Global Veterinary Device Market?

7. What modes and strategic moves are considered suitable for entering the Global Veterinary Device Market?

Market Dynamics

Drivers

  • Rising Animal Population Globally and Increasing Number of Veterinary Practitioners in Developed Regions
  • Increasing Incidence of Animal Diseases
  • Surge in Animal Healthcare Expenditure Coupled with Rising Disposable Income

Restraints

  • High Cost of Pet Care Equipment

Opportunities

  • Rising Animal Health Expenditure and Growing Demand for Pet Insurance
  • Advances in Equipment Have Improved Veterinary Services Such as Portable X-Ray and Portable Ultrasound Scanners

Challenges

  • Dearth of Veterinarians in Emerging Economies

Companies Mentioned

  • A.M. Bickford, Inc.
  • B. Braun
  • Burtons Medical Equipment Ltd
  • Charles Brungart
  • Dentalaire
  • Dispomed ltd
  • DRE Veterinary
  • Henke-Sass, Wolf GmbH
  • Henry Schein
  • Jorgensen Laboratories
  • Midmark
  • MinXray, Inc.
  • Neogen Corporation
  • Smiths Group
  • TeleDart USA

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

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900