Veterinary surgical instruments market report gives the comprehensive outlook on veterinary surgical instruments 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 surgical instruments market gives historical, current, and future market sizes (US$ Mn) of product, application, animal type, distribution channel and geographic regions. This report studies veterinary surgical instruments 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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The Veterinary Surgical Instruments market estimated to be valued US$ Mn in 2016 and anticipated to grow at CAGR %, and projected to reach US$ Mn by 2023.
Veterinary surgical instrument market growth is attributed to increased awareness regarding pet insurance for various diseases and favorable government policies to ensure pet. In Canada only 2% to 3% of pets have insurance, and it is expected to surge in future. According to OVMA, $ 768 covered under the accident and illness coverage.
U.S. veterinary surgical instruments market is expected to grow at an unprecedented CAGR due to increased public & private insurance, rise in per capita health expenditure on pets. Moreover, increased veterinary professionals coupled with surgical procedures are enables create demand for veterinary surgical equipment market. Surge in sophisticated medical care for pets like joint replacement surgery, heart surgery, chemotherapy coupled with rising in insurance is expected to change the landscape of Europe veterinary surgical instruments market. Germany is expected to account for major revenue share, due to favorable regulatory policies and increased adoption of pets like cats and dogs are anticipated to foster the market. Brazil veterinary surgical instruments market is expanding at significant growth rate. Increased veterinary clinics & hospitals, availability of sophisticated technologies, a surge in small animal per capita are expected to unlock the potential of the market.
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Competition Assessment
Key players’ profiles in the global veterinary surgical instruments market include:
• Antibe Therapeutics Inc (Canada)
• DRE Veterinary (U.S.)
• Ethicon Inc. (U.S.)
• GerMedUSA, Inc. (U.S.)
• iM3 (U.S.)
• Integra LifeSciences Holdings Corporation(U.S.)
• Jorgensen Laboratories
• Neogen Corporation (U.S.)
• Surgical Holdings (U.S.)
• Steris Corporation (U.S.)
• Smiths Group Plc. (UK)
• Surgical Direct (U.S.)
• Sklar Surgical Instruments (U.S.)
• World Precision Instruments, Inc. (U.S.)
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