New York – May 6, 2023 - Research Nester’s recent market research report on “Veterinary Anesthesia Equipment Market: Global Demand Analysis & Opportunity Outlook 2033” delivers a detailed competitors analysis and a detailed overview in terms of market segmentation by animal type, product, end user, and by region.
Rising Pet Population to Boost the Growth of the Veterinary Anesthesia Equipment Market
The global veterinary anesthesia equipment market is expected to expand due to the growing pet population. Demand for high-quality veterinary services has grown along with the growth in the number of pets. The health of pets is a topic that more people are interested in. The utilization rate of veterinary anesthesia equipment is therefore anticipated to increase significantly in the forecast period as a result of this. India's pet dog population was projected to be at 18 million in 2018. It was projected that the population would surpass 30 million by the end of 2023.
Numerous veterinary procedures, including dental work, imaging, urinary cauterization, surgical acts, and others, benefit greatly from the usage of veterinary anesthesia equipment. Additionally, given the significance of veterinary anesthesia equipment for diagnosing and treating chronic diseases such as emphysema in horses, leukemia in cats and cattle, muscular dystrophies in chickens and mice, atherosclerosis in pigs and pigeons, blood-coagulation issues, and nephritis in dogs, the adoption rate of veterinary anesthesia equipment is anticipated to rise in the forecast period.
Some of the major growth factors and challenges that are associated with the growth of the global veterinary anesthesia equipment are:
- Rise in Incidents of Accidental Animals Injuries
- Growing Urbanization and Their Rising Disposable Income
The high cost of veterinary products makes it difficult for consumers to purchase them. Additionally, since people are less aware of its benefits, their distribution is smaller in rural areas. Also, the safety of animals is at risk of undergoing anesthesia. Moreover, there is the least amount of research and evidence for the use of anesthesia in animals. Hence, the risk of this is still unpredictable. Therefore, the adoption rate of anesthesia equipment may restrain, further hindering the growth of the veterinary anesthesia equipment market.
Access our detailed report at: on” Veterinary Anesthesia Equipment Market Analysis by Animal Type (Small Animal, Large Animal); Product (Standalone, Portable); End User (Veterinary Hospitals, Veterinary Clinics) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2033” @
By animal type, the market for veterinary anesthesia equipment is segmented into small animals, and large animals. Small animals segment is expected to provide the largest revenue out of all of these by the end of 2033, supported by a rise in the population's adoption of small animals. According to statistics and recent studies, having a pet in the home has numerous health benefits for people, including lowered blood pressure, improved psychological stability, and fewer panic attacks. Additionally, owing to their weaker metabolisms and sensitive immune systems, smaller animals are more vulnerable to both acute and chronic diseases. Small animal treatment now makes greater use of veterinary anesthesia machinery.
By region, the Asia Pacific veterinary anesthesia equipment market is estimated to garner the highest revenue by the end of 2033. The use of veterinary anesthesia equipment for treatment and other medical procedures is anticipated to expand as the adoption of domestic animals in the region rises. In 2020, around 61 million urban Chinese individuals owned cats or dogs as pets, up from roughly 60 million the year before. Additionally, it is anticipated that greater attention would be paid to pet care, increased knowledge of the importance of animal welfare, and the development of improved treatment facilities would all contribute to the market's expansion in this region.
This report also provides the existing competitive scenario of some of the key players of the global veterinary anesthesia equipment market which includes company profiling of JD Medical, Midmark Corporation, Kent Scientific Corporation, ICU Medical, Inc., Hallowell EMC, Soar Medical-Tech. Co., Ltd., Miden Medical, AM Bickford. Inc., RWD Life Science Co., Ltd., Henry Schein, Inc., and others.