A veterinary infusion pumps is a system that can administer the drugs in several ways by bolus, drip, and volume. These pumps are the preferable method for controlling CRF administration, particularly when medicines with potent therapeutic effects or undesirable side effects are infused intravenously. It is used for intravenous drug infusion as well as for epidural, subcutaneous, enteral, and other access methods. These infusion pumps are useful for little puppies and kittens to administer the medications and fluids. Veterinary infusion pump also refers to an external medical device that is used for delivering fluids into an animal’s body in a controlled manner. It has a secure syringe change system, automatically locks the syringe, and determines its volume to provide a constant solution. The veterinary infusion pumps are available in large volume infusion pump and syringe infusion pump. Large volume infusion pump delivers large volume of fluid and medication to animals.
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Factors that drive the veterinary infusion pumps market growth include an increase in demand for veterinary infusion pumps owing to surge in adoption of companion animals, and rise in animal health awareness. For instance, according to North American Pet Health Insurance Association, 67% of U.S. families owned a pet in 2019. In addition, rise in prevalence of animal diseases such as cancer, kidney related issues and others which requires prolonged hospitalization, in turn, increases the demand for veterinary infusion pumps in veterinary hospitals and clinics. Furthermore, rise in expenditure on pet is one of the prominent veterinary infusion pumps market trends. For instance, according to North American Pet Health Insurance Association, in 2021, basic annual expenditure for dogs and cats includes $458 for dog and $ 201 for cats in U.S. Additionally, according to the Insurance Information Institute, states that the total premium volume for pet insurance in the U.S. was nearly $2.6 billion in 2021. Thus, rise in pet insurance which increases the demand for veterinary infusion pumps, further boosts the market growth.
The veterinary infusion pumps market is driven by number of pets experiencing cancer which requires novel treatment and increases the demand for veterinary infusion pumps. In addition, major players are investing in development and commercialization of veterinary infusion pumps to decrease incidences of animal disorders fuel the growth of market. Moreover, it is anticipated that there will be a rise in innovations in veterinary infusion pumps. In contrast, lack of awareness regrading animal health among emerging regions may restrain the market growth.
The COVID-19 outbreak is anticipated to have a negative impact on growth of the veterinary infusion pumps industry. The lockdown led to disruption of manufacturing and transportation of essentials which are required for animals. Moreover, other factors responsible for the impact on the market include limited availability of medical care, shortage of animals care staff, and increase in burden of COVID-19 related hospitalization negatively impacted on market growth. In addition, less focus on animal health during pandemic which further decreases the demand for veterinary infusion pumps this has led to restrain the market growth.
The veterinary infusion pumps market is segmented on the basis of type, end user and region. By type, the market is categorized into large-volume infusion pumps and syringe infusion pumps. The large volume infusion pumps segment was highest revenue contributor in 2021 owing to as these pumps are convenient to use and delivers a high volume of fluid at the precise administered rate.
On the basis of end user, the market is segmented into veterinary hospitals, veterinary clinics and others. The veterinary hospitals segment exhibited highest growth in 2021, owing to availability of advanced veterinary infusion pumps, presence of skilled veterinarian in developed region. However, the veterinary clinics segment is projected to register highest CAGR during the forecast period, owing to rise in veterinary practices in animals. For instance, according to Veterinary Medical Association in 2020, around 75,349 veterinary practices were done registered in U.S.
North America accounted for the largest veterinary infusion pumps market share in 2021, owing to rise in pet population leading to increase in demand for veterinary infusion pumps which can be used for medical fluids infusions in veterinary care. In addition, well established animal healthcare infrastructure in this region propels the market growth. In addition, presence of key players such as Avante Health Solutions, Digicare Biomedical Technology Inc, Grady Medical System Inc, and Leading Edge Veterinary Equipment that offers veterinary infusion pumps further drive the market growth in the region. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period, owing to rise in investments in manufacturing of high-quality veterinary infusion pumps and increase in pet insurance policies in the region.
The Global Veterinary Infusion Pumps Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on type and end-user.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Veterinary Infusion Pumps Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/15057-veterinary-infusion-pumps-market-reportThe report also covers the complete competitive landscape of the global Veterinary Infusion Pumps market with company profiles of key players such as:B. Braun Melsungen AGBurtons Medical Equipment Ltd.Digicare Biomedical Technology, Inc.DRE VeterinaryGrady Medical Systems, Inc.Heska CorporationJorgen Kruuse A/SJorgensen LaboratoriesLeading Edge Veterinary EquipmentQ Core Medical Ltd.A detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Type:Large-Volume Infusion PumpsSyringe Infusion PumpsBy End-User:Private HospitalsPrivate ClinicsTeaching HospitalsBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Rest of the World (RoW)Download Free Sample Report of Global Veterinary Infusion Pumps Market @ https://www.decisiondatabases.com/contact/download-sample-15057The Global Veterinary Infusion Pumps Market has been exhibited in detail in the following chapters –Chapter 1 Veterinary Infusion Pumps Market PrefaceChapter 2 Executive SummaryChapter 3 Veterinary Infusion Pumps Industry AnalysisChapter 4 Veterinary Infusion Pumps Market Value Chain AnalysisChapter 5 Veterinary Infusion Pumps Market Analysis By TypeChapter 6 Veterinary Infusion Pumps Market Analysis By End-UserChapter 7 Veterinary Infusion Pumps Market Analysis By GeographyChapter 8 Competitive Landscape Of Veterinary Infusion Pumps CompaniesChapter 9 Company Profiles Of Veterinary Infusion Pumps IndustryPurchase the complete Global Veterinary Infusion Pumps Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-15057Other Reports by DecisionDatabases.com:Global Veterinary Imaging Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Veterinary Surgical Instruments Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Veterinary Software Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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