Global Veterinary Infusion Pumps Market at a CAGR of 6.00 % Growth, Trends and A

Posted by swamiv on February 10th, 2020

Due to high demand and the value of market research for the success of different sectors, Veterinary Infusion Pumps Market report has been prepared by covering many work areas. This is a professional and a complete report focusing on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. This Veterinary Infusion Pumps Market report lets you know that how the market is going to perform in the forecast years by giving you information about market definition, classifications, applications, and engagements. Few of the features such as objectivity have been kept at the center while obtaining the best result via this Veterinary Infusion Pumps Market report for Healthcare industry.

Global Veterinary Infusion Pumps Market is expected to rise from its initial estimated value of USD 33.46 million in 2018 to an estimated value of USD 53.33 million by 2026, registering a CAGR of 6.00% in the forecast period of 2019-2026. 

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Market Definition: Global Veterinary Infusion Pumps Market

Veterinary infusion pump permeates fluids, medication or nutrients into an animals blood system. It is generally used intravenously, although subcutaneous, arterial and epidural infusions are rarely used. Animal healthcare is rising now days. Veterinary infusion pumps are used in major operations such as blood transfusions and overseeing total parenteral nutrition. Increase in pet care boots the market.

According to business Insider, there were an estimated 35000 deaths of dogs every year due to disease, almost more than half of these deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth

Market Drivers

• Technological advancements in veterinary equipment infants is expected to act as a driver to the market growth
• Increasing animal healthcare expenses infants is also expected to act as a driver to the market growth

• Growth in numbers of veterinary practitioners is driving the market

• Rise in adoption of companion animals infants is also expected to act as a driver to the market growth
• Increase in number of animal diseases which leads to rise in demand for surgeries infants is also expected to act as a driver to the market growth

Market Restraints

• High amount of costing of these equipment is expected to act as a restraint to the market growth
• Lack of animal health awareness is expected to act as a restraint to the market growth.

Detail of TOC @ 

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Segmentation: Global Veterinary Infusion Pumps Market

By End User

• Private Clinics
• Teaching Hospitals
• Private Hospitals

By Application

• Dog
• Cat
• Horse
• Cattle
• Others

By Pumps Type

• Syringe Infusion Pumps
• Large-Volume Infusion Pumps

Key Developments in the Market:

• In Feb 2019, Heska Corporation acquires Optomed. Optomed designs develops and manufactures imaging solutions with a primary focus on endoscopy technologies heska is manufacture of Solostep heartworm products, infusion pumps. With this Acquisition heska this expanding their business in France.
• In January, 2018, Arizona State University was awarded a multi-year grant of US$ 6.4 Mn for opening the Philanthropy Project, as a support to canine clinical trial assessing the effectiveness of a multivalent, preventative vaccine.

Competitive Analysis:

Global Veterinary Infusion Pumps Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of veterinary infusion pumps market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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