Global veterinary equipment and supplies market is slated to record significant expansion during 2022-2028.
 

Industry Snapshot:
 

• Soaring population of companion animals is one of the main factors propelling the market growth.
• The increasing number of veterinary practitioners and hospitals are encouraging the adoption of the product during 2022-2028.
• The rising prevalence of various diseases in animals is estimated to drive expansion in the business sphere.
• The high cost of veterinary equipment and the scarcity of veterinary practitioners in emerging nations will stifle global veterinary equipment and supplies market expansion over the forecast period.

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Segmental Overview:
 

Type	Rescue & Resuscitation Equipment
	Research Equipment
	Patient Monitoring Equipment
	Temperature Management Equipment
	Fluid Management Equipment
	Anesthesia Equipment
	Consumables
	Critical Care
Animal Type	Bovines Animal
	Companion Animal
Application Spectrum	Diagnosis, Monitoring, and Therapy
	Surgical Application
Regions	North America
	Europe
	Asia Pacific
	Latin America

 

Window to the future:
 

• North America veterinary equipment and supplies market is anticipated to witness an upward curve during the assessment timeframe, owing to rising expenditure on companion animal healthcare and the presence of many veterinary practitioners.
• Asia Pacific market is poised to register notable expansion during the speculated timeline, due to the increasing popularity of pet adoption and the rising incidence of animal diseases across the region.

Explainer:

For the unversed, a wide range of medical devices are used for monitoring, diagnosing, and treating a variety of diseases relating to an animal's health and are referred to as veterinary supplies and equipment.

The rising expenditure on pets or companion animals, the increasing investment in technological developments, and the surging demand for pet insurance are some of the additional factors stimulating the overall market expansion.

The well-known players in global veterinary equipment and supplies industry are Shenzhen Mindray Animal Medical Technology Co. Ltd., Jorgensen Laboratories, Midmark Corporation, Integra LifeSciences, Neogen Corporation, ICU Medical Inc., Cardinal Health Inc., BD Animal Health, Covetrus Inc., and B. Braun Vet Care GmbH among others.

Concluding lines:

Market research involves accumulating data from diverse sources to help businesses make impactful strategies. The report titled ‘Global Veterinary Equipment and Supplies Market Size study, By Type (Critical Care, Consumables, Anesthesia Equipment, Fluid Management Equipment, Temperature Management Equipment, Patient Monitoring Equipment, Research Equipment, Rescue & Resuscitation Equipment), By Animal Type (Companion Animal, Bovines Animal), By Application (Surgical application, Diagnosis, Monitoring, and Therapy), and Regional Forecasts 2022-2028’, available with MarketStudyReport, focuses on variables aiding market development as well as lucrative aspects available for the stakeholders to participate in and boost their revenue through the study timeframe. This report is meticulously compiled using proven methodologies and opinions from experts.