Global Veterinary Devices Market Report 2021: Impact And Recovery From COVID-19
Business Research Company Global Veterinary Devices Market Report 2021: Impact And Recovery From COVID-19
LONDON, GREATER LONDON, UK, October 22, 2021 /EINPresswire.com/ – According to new market research report, Veterinary Medical Equipment Global Market Report 2021: COVID-19 Impact And Recovery, published by The Business Research Company, Veterinary The Market medical devices is projected to grow from $ 1.77 billion in 2020 to $ 2.08 billion in 2021 with an average annual growth rate (CAGR) of 17.5%. The growth is mainly due to companies reorganizing their operations and recovering from the effects of COVID-19, which previously resulted in restrictive containment measures involving social distancing, remote working and the closure of commercial activities that created operational challenges. The veterinary device market is expected to reach $ 2.65 billion at a CAGR of 6% in 2025. Increased living standards and a strengthened middle class will further fuel demand for improved nutrition, especially animal protein, and increase the focus on food quality and safety, and support the growth of the veterinary market in terms of feed additives. Hence, economic growth is expected to drive this market.
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The veterinary equipment market consists of the sale of veterinary equipment and related services by companies (organizations, sole proprietorships, and partnerships) that manufacture veterinary equipment used to diagnose, monitor, and treat diseases in animals. This industry includes facilities that manufacture veterinary surgical equipment such as endoscopic systems, dental equipment, veterinary telemetry services, and others.
Trends in the Global Veterinary Equipment Market
Advances in diagnostic tools have improved veterinary services. Devices such as portable X-ray and portable ultrasound machines have increased the efficiency of veterinary treatment (especially in the event of injury emergencies) for all equine / large animal, companion, exotic, and mixed animal practices. For example, Wristscan V9, a diagnostic device, is used for pregnancy tests on animals. It also uses the Alivecor app built into the iPhone to perform electrocardiograms on animals for review by cardiologists.
Global Veterinary Devices Market Segments:
The Global Veterinary Devices Market is further subdivided:
By Type: Veterinary Diagnostic Equipment, Veterinary Anesthesia Equipment, Veterinary Patient Monitoring Equipment, Other Veterinary Equipment
By product: instruments / devices, disposables
By Geography: The global Veterinary Devices Market is segmented into North America, South America, Asia Pacific, Eastern Europe, Western Europe, the Middle East, and Africa. Among these regions, the North American veterinary equipment market has the largest share of the global veterinary equipment market.
Read more about the report covering the Global Veterinary Devices Market at:
Veterinary Medical Equipment Global Market Report 2021 is one of a series of new reports from The Business Research Company providing global Veterinary Equipment market overviews, analysis, and forecast of market size and growth, for the global Veterinary Equipment Market and Global Veterinary Equipment market share , Global Veterinary Devices Market Participants, Global Veterinary Devices Market Segments and Regions, Revenues, Profiles, and Market Share of the Leading Competitors in the Global Veterinary Devices Market. The Veterinary Devices market report identifies top countries and segments for opportunity and strategy based on market trends and the approaches of leading competitors.
Read The Business Research Company’s Global Market Report 2021 for Veterinary Devices for information on:
Data segmentations: market size, global, by region and by country; Historical and forecast size and growth rates for the world, 7 regions and 12 countries
Veterinary Device Market Organizations Covered: Carestream Health, IDEXX Laboratories Inc., Agfa Healthcare, MinXray Inc., Diagnostic Imaging Systems.
Regions: Asia Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, Great Britain, USA.
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The Business Research Company has published over 1000 industry reports covering over 2500 market segments and 60 regions. The reports draw on 150,000 records, extensive desk research and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on different markets.
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Here is a list of reports from The Business Research Company similar to the 2021 Global Market Report for Veterinary Devices:
Global Veterinary Services Market Report 2021
Global Veterinary Market Report 2021
Veterinary clinic and veterinary clinic market
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October 22, 2021 at 12:09 GMT
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