Harrisburg, NC -- (SBWire) -- 01/30/2019 --Global Veterinary Telemetry Systems Market Insights, Forecast To 2023; this report presents the worldwide Veterinary Telemetry Systems market size (value, production and consumption), splits the breakdown (data status 2013-2019 and forecast to 2023), by manufacturers, region, type and application.
This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on Markets and materials, capacities and on the changing structure of the Veterinary Telemetry Systems.
SCOPE OF THE REPORT:
Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
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The global veterinary telemetry systems market is expected to register a growth rate of CAGR of 6% during the forecast period, 2018-2023. Telemetry systems help collect data remotely, and transmit this data to receiving equipment for monitoring. A telemetry system refers to wireless data transfer, but could also refer to data transferred over wired technology, such as telephones, computer networks, and power line carriers. Major players are focusing on research and development, in order to bring innovative products to the market, which, in turn, is expected to drive the market studied. In addition, there has been an increase in the adoption of companion animals, across the world. For instance, in 2015, according to the estimates of the Animals & Society Institute, in the United States 65% of all households lived with a companion animal. The country also spent over USD 60 billion on pet food, toys, clothing, and travel paraphernalia, in that year. Thus, the increase in adoption of and expenditure on animals is expected to boost the veterinary telemetry systems market.
Tecchnological Advancements in Telemetry to Boost the Veterinary Telemetry Systems Market:
The telemetry market has been experiencing various hurdles, owing to high costs. However, recent advancements are attracting customer interest, owing to the wide range applications in various types of animals, such as livestock animals, wild animals, and pets. Implantable telemetry and recent advances in the design of small, biocompatible antennas are helping users to collect regarding heart rate, blood pressure, electrocardiogram (ECG), electromyography (EMG), temperature, motor activity, etc. from animals ranging from small mice, to other larger animals, such as dogs, primates, and pigs. Hence, the capabilities of telemetry devices are being enhanced, to achieve improved animal welfare.
Additionally, factors, such as the augmentation of cloud computing and increase in healthcare expenditure on animals are also expected to drive the market growth.
Key Developments in the Veterinary Telemetry Systems Market:
July 2018 - State Street Corporation announced that it had entered a definitive agreement to acquire Charles River Systems Inc. Under the terms of the agreement, State Street will purchase Charles River Development in an all cash transaction, for USD 2.6 billion.
The Following Manufacturers Are Covered In This Report:
CHARLES RIVER, DAVINCI BIOMEDICAL RESEARCH PRODUCTS, INC., DEXTRONIX, INC., DIGICARE ANIMAL HEALTH, DRE VETERINARY, GEORGIAN ANESTHESIA, GTS MED, and TSE SYSTEMS INTERNATIONAL GROUP among others.
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Market segmented by Regions: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Global Veterinary Telemetry Systems Market these regions, from 2019 to 2023 (forecast), covering:
North America (United States, Canada, Mexico)
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
Central & South America (Brazil, Rest of South America)
Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Other)
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Reasons to Purchase Veterinary Telemetry Systems Market Report:
Understand the impact of growth of Veterinary Telemetry Systems, on the market studied
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Veterinary Telemetry Systems Market Healthcare Equipment, Highlights, Expert Reviews, Research Analysis 2019 to 2023