(MENAFN- GlobeNewsWire - Nasdaq) MELBOURNE, Feb. 01, 2023 (GLOBE NEWSWIRE) -- The comprehensive industry research on “ veterinary infusion pumps market ” published by Data Bridge Market research includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. The universal Veterinary Infusion Pumps business report encompasses a thorough study of the current situation of the global market along with several market dynamics Competitor analysis is one of the most important aspects of a market research report which helps businesses decide upon strategies by comparing them with the competitors. The use of the newest and most advanced tools and techniques used for this report makes it the finest in the class. Competitor strategies highlighted in the winning Veterinary Infusion Pumps market survey report mainly include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost their footprints in this market.
Data Bridge Market Research analyses that the veterinary infusion pumps market which was USD 288.87 million in 2022, is expected to reach USD 730.70 million by 2030, at a CAGR of 12.3% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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A veterinary infusion pump is a pump-based medical device used to administer various types of medical solutions in a specific dose over time. Any medical solution or nutrients and fluids are mostly administered intravenously but epidural, subcutaneous, enteral, and other routes are used on occasion. Infusion pumps, such as perfusion pumps and syringe pumps, can keep medicines flowing at a specific speed, time, and volume.
According to the North American Pet Health Insurance Association, the basic annual expenditure for dogs and cats in 2021 will be USD 458 for dogs and USD 201 for cats. Such high expenditure on a pet, combined with a growing emphasis on their health, will lead to the use of veterinary infusion pumps during surgeries. As a result, all of these factors have been discovered to create significant growth opportunities for infusion pumps in the North American region.
The Global Market Is Analyzed in Depth in the Latest Study. Taking into account the current level of competition and its projected evolution over the next few years.
Rapidly increasing demands, a rise in industrialization, consumer awareness, growing sectors, and technical improvements are fueling the expansion of the global Veterinary Infusion Pumps market. Sales and revenue in this sector have increased at an exponential rate. The market's size and growth are both expected to increase thanks to the factors driving the market's expansion over the projected period.
Leading businesses in the worldwide Veterinary Infusion Pumps market are investing heavily in R&D in order to build a larger client base and expand their share of the market by reintroducing improved products to consumers. All of the companies' strategy, as well as their financial health, revenue, gross margin, and growth rate, are detailed in the study.
Recent Developments
In June 2021, Heska Corporation announced in its event section that the company attended the Jefferies Virtual Healthcare Conference. The company will explain its overall product portfolio and application in any clinical area, increasing public awareness of the company.
In March 2021, B. Braun Melsungen AG announced that they had reconstituted their Supervisory Board with four new shareholders for their company. They resumed their work on the first day, improving the company's product production and portfolio. This is expected to boost their revenue in the future veterinary market.
Some of the major players operating in the veterinary infusion pumps market are:
Caesarea Medical Electronics Ltd. (Israel)
Shenzhen Mindray Bio-Medical Electronics Co., Ltd (China)
Avante Health Solutions (U.S.)
Kent Scientific Corporation (U.S.)
Digicare Biomedical (U.S.)
Leading Edge Veterinary Equipment (U.S.)
Burtons Medical Equipment Ltd. (U.K.)
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Core Objective of Veterinary Infusion Pumps Market:
Every firm in the Veterinary Infusion Pumps market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
veterinary infusion pumps market size and growth rate factors. Important changes in the future Veterinary Infusion Pumps Market. Top worldwide competitors of the Market. Scope and product outlook of Veterinary Infusion Pumps Market. Developing regions with potential growth in the future. Tough Challenges and risk faced in the Market. Global Veterinary Infusion Pumps top manufacturers profile and sales statistics.
Opportunities:
Launch of new products will determine the future
Rising initiatives from key market players and the growing benefits of advanced veterinary infusion pumps will drive market growth over the forecast period. For instance, Eitan Medical's upgraded Sapphire infusion pump system software Rev15, which includes the infusion pump, administration sets, and accessories, received FDA clearance in January 2021. This will increase the adoption of such infusion pumps, resulting in market growth. As a result of the above-mentioned factors, the market for veterinary infusion pumps is expected to grow in the coming years.
Key Market Segments Covered in Veterinary Infusion Pumps Industry Research
Type
Devices and Administration Sets
Large-Volume Infusion Pumps
Infusion Type
Model Type
Mobility
Infusion Mode
Channel Type
Animal
End User
Distribution Channel
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Key Industry Drivers:
Government initiatives will propel the market growth
Governments around the world are developing plans and guidelines for animal welfare. For instance, the United Kingdom Government announced the first-ever action plan to improve animal welfare and conservation at home and abroad in May 2021. The action plans include programmes for animal improvement and welfare for all animals, such as incentivizing farmers to improve animal health and welfare through future farming policies. Such initiatives raise awareness about animal health and thus help the market grow.
Collaborations and acquisitions are determining market growth
In January 2021, Merck Animal Health announced a collaboration with The Street Dog Coalition to provide medications, vaccines, and treatment for homeless pets. The Street Dog Coalition is a non-profit organisation that provides free basic veterinary care to homeless people's pets by using a One Health approach to street medicine and caring for people on 'both ends of the leash.' Such efforts to provide treatment and medications for animals are fuelling market growth.
Veterinary Infusion Pumps Market Regional Analysis/Insights:
The countries covered in the veterinary infusion pumps market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the veterinary infusion pumps market because of increasing animal infusion therapies required cases.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 owing to the presence of highest number of veterinary infusion pumps providers.
Table of Contents:
Introduction Market Segmentation Executive Summary Premium Insights global veterinary infusion pumps market : Regulations Market Overview Global Veterinary Infusion Pumps Market, By Type Global Veterinary Infusion Pumps Market, By Infusion Type Global Veterinary Infusion Pumps Market, By Model Type Global Veterinary Infusion Pumps Market, By Mobility Global Veterinary Infusion Pumps Market, By Infusion Mode Global Veterinary Infusion Pumps Market, By Channel Type Global Veterinary Infusion Pumps Market, By Animal Global Veterinary Infusion Pumps Market, By End User Global Veterinary Infusion Pumps Market, By Distribution Channel Global Veterinary Infusion Pumps Market, By Region Global Veterinary Infusion Pumps Market: Company Landscape SWOT Analyses Company Profile Questionnaires Related Reports Get the Full Table of Contents @
Explore More Reports:
asia-pacific veterinary infusion pumps market , By Type (Devices and Administration Sets and Pump Accessories)Infusion Type (Continuous and Intermittent), Model Type (With Power Code and Battery Operated.), Mobility (Stationary and Portable), Infusion Mode (Rate Mode, Time Mode, Dose Mode, and Others), Channel Type (Single Channel and Multi-Channel),Animal (Food Production and Companion Animals),End User (Hospitals, Veterinary Clinics, Homecare Settings, laboratories, And Others.),Distribution Channel (Direct Tender, Retail Pharmacy, Online Pharmacy, and Others), Country (China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines and rest of Asia-Pacific)
north america veterinary infusion pumps market , By Type (Devices and Administration Sets and Pump Accessories) Infusion Type (Continuous and Intermittent), Model Type (With Power Code and Battery Operated),Mobility (Stationary and Portable), Infusion Mode (Rate Mode, Time Mode, Dose Mode and Others), Channel Type (Single Channel and Multi-Channel), By Animal (Food Production and Companion Animals) End User (Hospitals, Veterinary Clinics, Homecare Settings, laboratories And Others), Distribution Channel (Direct Tender, Retail Pharmacy, Online Pharmacy and Others), Country (U.S., Canada and Mexico)
europe veterinary infusion pumps market , By Type (Devices and Administration Sets and Pump AccessoriesInfusion Infusion Type (Continuous and Intermittent), Model Type (With Power Code and Battery Operated.),Mobility ( Stationary and Portable),Infusion Mode (Rate Mode, Time Mode, Dose Mode and Others), By Channel Type (Single Channel and Multi-Channel),Animal (Food Production and Companion Animals) End User (Hospitals, Veterinary Clinics, Homecare Settings, laboratories And Others.), Distribution Channel (Direct Tender, Retail Pharmacy, Online Pharmacy and Others) Country (U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey and rest of Europe Industry
middle east and africa veterinary infusion pumps market , By Type (Devices and Administration Sets and Pump Accessories, Large-Volume Infusion Pumps and Syringe Infusion Pumps), Infusion Type (Continuous and Intermittent), Model Type (With Power Code and Battery Operated.), Mobility (Stationary and Portable), Infusion Mode (Rate Mode, Time Mode, Dose Mode and Others), Channel Type (Single Channel and Multi-Channel), Animal (Food Production and Companion Animals), End User (Hospitals, Veterinary Clinics, Homecare Settings, Laboratories And Others), Distribution Channel (Direct Tender, Retail Pharmacy, Online Pharmacy and Others)
north america infusion pumps market , By Type (Ambulatory Pumps, Volumetric Pumps, Syringe Pumps and Accessories), By Application (Diabetes, Chemotherapy, Gastrointestinal Diseases and Pediatrics) and End User (Hospitals & Clinics, Ambulatory Surgical Centers and Homecare)
asia-pacific infusion pumps market , By Type (Traditional Infusion Pumps, Specialty Infusion Pumps), Accessories & Consumables (Volumetric Infusion Pumps, Insulin Pumps, Enteral Infusion Pumps, Syringe Infusion Pumps, Ambulatory Infusion Pumps, PCA Pumps, Implantable Infusion Pumps, Infusion Catheters, IV/Administration Sets, Needleless Connectors, Cannulas, Tubing & Extension Sets, Valves, Others), Application (Hemotherapy/Oncology, Diabetes, Gastroenterology, Analgesia/Pain Management, Paediatrics/Neonatology, Haematology, Other), End User (Hospitals, Home Care Settings, Ambulatory Care Settings, Academic & Research Institutes), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific)
europe infusion pumps market , By Product Type (Accessories and Consumables, Devices), Application (Chemotherapy/Oncology, Diabetes Management, Gastroenterology, Pain Management/ Analgesia, Pediatrics/ Neonatology, Hematology, Other Applications), End Use (Hospitals, Home Care Settings, Ambulatory Care Settings, Academic and Research Institutes), Country (Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Rest of Europe)
implantable infusion pumps market , By Product (Piston Type Infusion Pumps, Creeping Type Infusion Pumps), Application (Cancer Treatment, Spasticity, Analgesia, Diabetes Mellitus, Others), End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa)
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