Global Veterinary Ventilators Market, By Type (Non Circulating Loop Ventilator, Circulatory Loop Ventilator), Product Technology (Mechanical, Electronic, Pneumatic, Electro-Pneumatic), Application (Anesthesia, Resuscitation), End User (Veterinary Hospitals, Veterinary Clinics), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Veterinary Ventilators Market Analysis and Insights
Veterinary ventilators market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 1,229.87 million and grow at a CAGR of 3.23% in the above-mentioned forecast period. Rising growth in companion animal population drives the veterinary ventilators market.
Veterinary ventilators are defined as a mainstay of therapy for animals who are unable to maintain ventilation or oxygenation on their own. These ventilators help in supporting the lung function for allowing time to treat the underlying problem. There are numerous cases that requires the use of veterinary ventilators such as drug toxicities, respiratory failures, envenomation, congestive heart failure, pneumonia, tick paralysis and in various surgical procedures. There are different types of ventilators available to be used in small and large animals with technological functionality as electronic, mechanical, pneumatic and electro-pneumatic that can be used for the anesthesia and resuscitation purpose.
Rising demand for pet insurance with growing animal health expenditure is the vital factor escalating the market growth, also rising growth in the number of veterinary practitioners and income levels in developed economies, rising adoption of pets and the affection towards them led to increase in the veterinary treatment facilities, rising livestock animal populations due to population growth, rising food supply chains over the globe also lead to increase in their treatment facilities and the usage of medical equipment such as veterinary ventilators, rise in the number of NGOs for pet care surges the veterinary equipment, rise in the number of veterinarians and the clinics has upsurged the veterinary ventilators market and increased risk of developing complications for the animals under anesthesia demands the use of ventilators in the animal treatment facilities are the major factors among others driving the veterinary ventilators market. Moreover, rising untapped emerging markets, rising research and development activities and increasing technological advancements and modernization in the market will further create new opportunities for veterinary ventilators market in the forecasted period of 2021-2028.
However, increasing pet care costs and rising alternatives to animal testing are the major factors among others which will obstruct the market growth, while lack of animal healthcare awareness in emerging markets and rising shortage of veterinarians in emerging markets will further challenge the growth of veterinary ventilators market in the forecast period mentioned above.
Veterinary ventilators market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on veterinary ventilators market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Veterinary Ventilators Market Scope and Market Size
Veterinary ventilators market is segmented on the basis of type, product technology, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, veterinary ventilators market is segmented into non circulating loop ventilator and circulatory loop ventilator.
- Based on product technology, the veterinary ventilators market is segmented into mechanical, electronic, pneumatic and electro-pneumatic.
- Based on application, the veterinary ventilators market is segmented into anesthesia and resuscitation.
- The veterinary ventilators market is also segmented on the basis of end-user into veterinary hospitals and veterinary clinics.
Veterinary Ventilators Market Country Level Analysis
Veterinary ventilators market is analysed and market size insights and trends are provided by country, type, product technology, application and end-user as referenced above.
The countries covered in the veterinary ventilators market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America and Europe dominates the veterinary ventilators market due to rise in the companion animals also fuels the veterinary ventilators, rising growth in the number of veterinary practitioners and income levels in developed economies and rising adoption of pets and the affection towards them led to increase in the veterinary treatment facilities in this region. Asia-Pacific is the expected region in terms of growth in veterinary ventilators market due to rising livestock animal populations due to population growth and rising food supply chains also lead to increase in their treatment facilities and the usage of medical equipment such as veterinary ventilators in this region.
The country section of the veterinary ventilators market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Veterinary ventilators market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for veterinary ventilators market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the veterinary ventilators market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Veterinary Ventilators Market Share Analysis
Veterinary ventilators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to veterinary ventilators market.
The major players covered in the veterinary ventilators market report are Shenzhen Mindray Bio-Medical Electronics Co., Ltd, Smiths Group plc, Nonin, Digicare Biomedical, B. Braun Melsungen AG, Henry Schein, Inc, VETLAND MEDICAL SALES & SERVICES., Hamilton Medical, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Medtronic, Fisher & Paykel Healthcare Limited, Smiths Group plc, Acutronic Medical Systems AG, Hallowell Engineering & Manufacturing Corporation, DRE Veterinary, Midmark Corporation, Jorgensen Labs, Grady Medical, MILA International, Inc, Burtons Medical Equipment Ltd, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.