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Global Veterinary Anesthesia Equipment Market to reach USD 315.32 million by the end of 2029

Global Veterinary Anesthesia Equipment Market Size study & Forecast, by Product (Standalone, Portable), by Animal Type (Small Animal, Large Animal), by End-User (Veterinary Hospitals, Veterinary Clinics and Others) and Regional Analysis, 2022-2029

Product Code: HLSMDE-28313629
Publish Date: 15-05-2023
Page: 200

Global Veterinary Anesthesia Equipment Market is valued at approximately USD 180.8 million in 2021 and is anticipated to grow with a healthy growth rate of more than 7.20% over the forecast period 2022-2029. For veterinary treatments like dental work, radiography, and catheterization, veterinary anaesthetic equipment has been used extensively. The Veterinary Anesthesia Equipment market is expanding because of factors such as increasing animal population and increase in Veterinary Surgical Procedures.

The rising demand for veterinary surgical operations such as spaying and neutering, skin surgeries, and tooth extractions is one of the most important factors driving the global market. The ACL, fractures and dislocations, belly surgery, cancer surgery, spinal surgery, ear surgery, and amputations are some of the additional prevalent veterinary surgical operations performed around the world. As around, 69 million American households have dogs as pets, according to a 2021 poll by the American Pet Products Association (APPA). Due to the companionship and emotional support dogs provide, an increase in the number of people adopting dogs has led to an expansion of the industry. As a result, adopting dogs has recently become more widespread among families, particularly nuclear households. According to the APPA Survey 2021–2022, around 90.5 million American homes, or 70%, have pets. Furthermore, as of 2020, there were 89.7 million dogs living in the US. According to a report from the American Veterinary Medical Association (AVMA), neoplasia will affect one in every four canines. About half of the dogs over the age of 10 who develop cancer can be surgically treated, which ultimately raises the demand for anaesthesia and plays a significant role in the development of veterinary anaesthetic equipment market. However, lack of Veterinary infrastructure may halt market growth.

The key regions considered for the Global Veterinary Anesthesia Equipment Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the high pet adoption rate, and increase in Veterinary Surgical Procedures. Whereas Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising number of veterinary surgeries, geographic expansion of key players.

Major market players included in this report are:
JD Medical
Kent Scientific Corporation
Midmark Corporation
Patterson Scientific
Vetland Medical Sales & Services
DRE Veterinary
Shenzhen Mindray Animal Medical Technology Co., LTD.
Dispomed ltd
RWD Life Science Co., LTD
Hallowell Engineering & Manufacturing Corporation

Recent Developments in the Market:
Ø In April 2021, Shenzhen Mindray Animal Medical Technology Co., LTD., launched a new veterinary anesthesia device, named Veta 5/ Veta 3.
Ø In February 2019, Shenzhen Mindray Animal Medical Technology Co., LTD., introduced WATO EX-35Vet, device.

Global Veterinary Anesthesia Equipment Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Animal Type, End-user, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Productofferings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Standalone
Portable

By Animal Type:
Small Animal
Large Animal

By End User:
Veterinary Hospitals
Veterinary Clinics
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Veterinary Anesthesia Equipment Market, by Region, 2019-2029 (USD Million)
1.2.2. Veterinary Anesthesia Equipment Market, by Product, 2019-2029 (USD Million)
1.2.3. Veterinary Anesthesia Equipment Market, by Animal Type, 2019-2029 (USD Million)
1.2.4. Veterinary Anesthesia Equipment Market, by End-User, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Veterinary Anesthesia Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Veterinary Anesthesia Equipment Market Dynamics
3.1. Veterinary Anesthesia Equipment Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing animal population
3.1.1.2. Increase in Veterinary Surgical Procedures
3.1.2. Market Challenges
3.1.2.1. Lack of Veterinary Infrastructure
3.1.3. Market Opportunities
3.1.3.1. Surge in the Number of Veterinary Establishments
Chapter 4. Global Veterinary Anesthesia Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Veterinary Anesthesia Equipment Market, by Product
6.1. Market Snapshot
6.2. Global Veterinary Anesthesia Equipment Market by Product, Performance – Potential Analysis
6.3. Global Veterinary Anesthesia Equipment Market Estimates & Forecasts by Product 2019-2029 (USD Million)
6.4. Veterinary Anesthesia Equipment Market, Sub Segment Analysis
6.4.1. Standalone
6.4.2. Portable
Chapter 7. Global Veterinary Anesthesia Equipment Market, by Animal Type
7.1. Market Snapshot
7.2. Global Veterinary Anesthesia Equipment Market by Animal Type, Performance – Potential Analysis
7.3. Global Veterinary Anesthesia Equipment Market Estimates & Forecasts by Animal Type 2019-2029 (USD Million)
7.4. Veterinary Anesthesia Equipment Market, Sub Segment Analysis
7.4.1. Small Animal
7.4.2. Large Animal
Chapter 8. Global Veterinary Anesthesia Equipment Market, by End-User
8.1. Market Snapshot
8.2. Global Veterinary Anesthesia Equipment Market by End-User, Performance – Potential Analysis
8.3. Global Veterinary Anesthesia Equipment Market Estimates & Forecasts by End-User 2019-2029 (USD Million)
8.4. Veterinary Anesthesia Equipment Market, Sub Segment Analysis
8.4.1. Veterinary Hospitals
8.4.2. Veterinary Clinics
8.4.3. Others
Chapter 9. Global Veterinary Anesthesia Equipment Market, Regional Analysis
9.1. Veterinary Anesthesia Equipment Market, Regional Market Snapshot
9.2. North America Veterinary Anesthesia Equipment Market
9.2.1. U.S. Veterinary Anesthesia Equipment Market
9.2.1.1. Product breakdown estimates & forecasts, 2019-2029
9.2.1.2. Animal Type breakdown estimates & forecasts, 2019-2029
9.2.1.3. End-User breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Veterinary Anesthesia Equipment Market
9.3. Europe Veterinary Anesthesia Equipment Market Snapshot
9.3.1. U.K. Veterinary Anesthesia Equipment Market
9.3.2. Germany Veterinary Anesthesia Equipment Market
9.3.3. France Veterinary Anesthesia Equipment Market
9.3.4. Spain Veterinary Anesthesia Equipment Market
9.3.5. Italy Veterinary Anesthesia Equipment Market
9.3.6. Rest of Europe Veterinary Anesthesia Equipment Market
9.4. Asia-Pacific Veterinary Anesthesia Equipment Market Snapshot
9.4.1. China Veterinary Anesthesia Equipment Market
9.4.2. India Veterinary Anesthesia Equipment Market
9.4.3. Japan Veterinary Anesthesia Equipment Market
9.4.4. Australia Veterinary Anesthesia Equipment Market
9.4.5. South Korea Veterinary Anesthesia Equipment Market
9.4.6. Rest of Asia Pacific Veterinary Anesthesia Equipment Market
9.5. Latin America Veterinary Anesthesia Equipment Market Snapshot
9.5.1. Brazil Veterinary Anesthesia Equipment Market
9.5.2. Mexico Veterinary Anesthesia Equipment Market
9.5.3. Rest of Latin America Veterinary Anesthesia Equipment Market
9.6. Rest of The World Veterinary Anesthesia Equipment Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. JD Medical
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Kent Scientific Corporation
10.2.3. Midmark Corporation
10.2.4. Patterson Scientific
10.2.5. Vetland Medical Sales & Services
10.2.6. DRE Veterinary
10.2.7. Shenzhen Mindray Animal Medical Technology Co., LTD.
10.2.8. Dispomed ltd
10.2.9. RWD Life Science Co., LTD
10.2.10. Hallowell Engineering & Manufacturing Corporation
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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