Veterinary Anesthesia Equipment Market Precise Outlook- JD medical, Midmark Corporation, Smiths medical, Mindray Medical, Kent Scientific
Harrisburg, NC -- (SBWIRE) -- 10/16/2020 -- The veterinary anesthesia equipment market consists of sales of veterinary anesthesia equipment and related services. Veterinary anesthesia equipment is used to deliver anesthetic agents into patients' bodies to prevent the pain or discomfort during surgical procedures.
The global veterinary anesthesia equipment market was valued at about $0.25 billion in 2018 and is expected to grow to $0.38 billion at a CAGR of 10.3% through 2022.
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The prominent players in the global Veterinary Anesthesia Equipment market are:
JD medical, Midmark Corporation, Smiths medical, Mindray Medical, Kent Scientific
Global Veterinary Anesthesia Equipment Market Overview
The veterinary anesthesia equipment market has been geographically segmented into North America, Western Europe, APAC, Eastern Europe, South America and Middle East & Africa. The North American market is the largest market for veterinary anesthesia equipment and is expected to continue to be the largest market during the forecast period.
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Rising prevalence of oral diseases in dogs and cats is driving the market for veterinary anesthesia equipment used during oral examinations. Diagnosis and treatment of oral diseases, dental cleaning requires pet animals to be under general anesthesia as it is difficult to handle animals when they are awake and conscious. According to the American Veterinary Dental College, periodontal disease is the most common clinical condition occurring in adult dogs and cats. Thus, rising prevalence of oral diseases in pet animals is increasing the demand for veterinary anesthesia equipment driving market growth.
The high prices of veterinary anesthetic equipment is acting as a restraint on the market. It is expensive for small veterinary hospitals and clinics to buy and maintain anesthesia equipment, thereby limiting market penetration. High price of the equipment can be attributed to advanced technology used in the equipment.
Manufacturers of veterinary anesthesia equipment are introducing products with advanced features to provide safe and reliable treatment. The new products being introduced offer solutions to problems like power failure, battery failure or exhaustion and failure of electronic components. Companies such as DRE veterinary and Supera have been investing in introducing anesthetic machines with safety features.
Manufacturers of veterinary anesthesia equipment are required to adhere to stringent regulations set by various regulatory bodies. For instance, the US Food and Drug Administrations (FDA) Center for Veterinary Medicine (CVM) regulates the market for veterinary devices in the USA. The FDA issues guidelines with respect to manufacturing, procuring, packaging, branding, selling and usage of medical devices. Also, the FDA encourages veterinarians and pet owners to report defects in veterinary medical equipment.
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Furthermore, Global Veterinary Anesthesia Equipment Market following points are involved along with a detailed study of each point: –
– Global Veterinary Anesthesia Equipment Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
– Global Veterinary Anesthesia Equipment Market competition by Manufacturers (2020-2025)
– Production and Consumption by Regions
– Complete profiling and analysis of Manufacturers (2020-2025)
– Manufacturing cost analysis, Materials analysis, Region-wise manufacturing expenses
– Industrial Chain, Sourcing Strategy and Downstream Buyers
– Marketing Strategy Analysis, Distributors/Traders
– Global Veterinary Anesthesia Equipment Market Effect Factors Analysis (2020-2025)
– Global Veterinary Anesthesia Equipment Market Forecast (2020-2025)
– Global Veterinary Anesthesia Equipment Market Research Findings and Conclusion
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyses key emerging trends and their impact on present and future development.
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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