Veterinary Anesthesia Equipment market report gives comprehensive outlook on veterinary anesthesia equipment across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on veterinary anesthesia equipment market gives historical, current, and future market sizes (US$ Mn) of modality, product, distribution channel and geographic regions. This report studies veterinary anesthesia equipment market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
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Rising prevalence of chronic diseases coupled with number of complex cardiac surgeries are expected to catapult the anesthesia equipment market. Increased number of oncology, emergency & critical care surgeries have expected to change the veterinary anesthesia equipment landscape across the globe.
Increased pet adoption in advanced countries along with surge in the expenditure on veterinary health is expected to increase market size. As per Insurance Information Institute, 56% of U.S. households own a pet in 1988, poised to 68% in 2017. Stringent government regulations to give anesthesia to pet and availability of innovative equipment are witnessing to accelerate the market over the forecast period.
North America is expected to account for significant market share in global veterinary anesthesia equipment market
U.S. veterinary anesthesia equipment market has accounted for major market share due to increased veterinary infrastructure in country coupled with rising pet adoption. Europe veterinary anesthesia equipment market has been expanding at significant CAGR due to favorable veterinary insurance policies in the region. The pet insurance industry has started a century ago in Sweden; currently half of the country’s pets are insured.
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Latin America market is expected to offer healthy growth opportunities for the market players due to increase in the number of pets and adoption of cutting-edge healthcare infrastructure. Brazil veterinary anesthesia equipment market is expected to dominate regional revenue share in the future, owing to increased animal care expenditure coupled with burgeoning chronic cardiac and neurological disorders.
Competition Assessment
Key players’ profiles in the global veterinary anesthesia equipment market include:
• Vetland Medical (U.S.)
• Vetronic Services Ltd (UK)
• Smiths Medical (U.S.)
• JD Medical (U.S.)
• Highland Medical Equipment (U.S.)
• Hallowel EMC (U.S.)
• Eickemeyer Veterinary Equipment.
• Acoma Medical Industry Co. Ltd (Japan).
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