The global veterinary monitoring equipment market size is expected to reach USD 1,083.5 Million in 2032 and register a steady revenue CAGR of 9.8% during the forecast period, according to latest analysis by Emergen Research. Rising number of veterinary practitioners and income levels in developed economies is a major factor driving market revenue growth. In the U.S., there are over 100,000 practicing veterinarians; while, in a country such as Kenya, the number can only be in hundreds. Focus on animals in developing markets, however, can preclude provision of adequate veterinary care. There has also been a significant rise in prosperity and decline in poverty. Income threshold for bottom 10% has climbed from 260 to 480 international dollars and median income has nearly doubled from 1,100 to 2,010.
Some niche products and services believed to be revenue generators are also included in the report. Apart from this, a wide range of products from various segments and sub-segments expected to present greater opportunities in the Veterinary Monitoring Equipment Market are discussed in the document. Development of new products and substitutes that will completely transform the market dynamics over the forecast period occupies a special section in the report.
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Key players in the market include DRE Veterinary, Smiths Group plc, Digicare Biomedical, Midmark Corporation, Covetrus, Medtronic, Bionet America, SonoScape Medical Corp., Hallowell EMC, and MinXray, Inc.
Covid 19 impact analysis:
This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Veterinary Monitoring Equipment Market business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.
The global Veterinary Monitoring Equipment Market report studies the worldwide market consumption rate in terms of value and volume.
It identifies the various sub-segments of the market structure.
It proffers information regarding the leading global manufacturers in this industry, describing their Veterinary Monitoring Equipment Market value & share, sales volume, competitive analysis, SWOT analysis, and development strategies adopted during the forecast timeline.
The report describes the key industry players, with respect to their individual growth trends, future prospects, and contribution to the global market, and explains the factors related to their market growth potential, drivers, opportunities, threats, and industry-specific challenges.
Furthermore, the report underpins the strategic developments occurring in the global Veterinary Monitoring Equipment Market such as expansions, mergers & acquisitions, agreements, as well as new product launches.
For the purpose of this report, Emergen Research has segmented the global veterinary monitoring equipment market based on device type, product, end-use, and region:
- Type Outlook (Revenue, USD Million; 2019–2032)
- Vital Sign Monitors
- Capnography & Oximetry Systems
- Anesthesia Monitors
- ECG & EKG Monitors
- Magnetic Resonance Imaging (MRI) Systems
- Other Veterinary Monitoring Equipment
- Target Area Outlook (Revenue, USD Million; 2019–2032)
- Weight & Temperature Monitoring
- Multi-Parameter Monitoring
- Respiratory Disorders
- Other Target Areas
- Animal Type Outlook (Revenue, USD Million; 2019–2032)
- Small Companion Animals
- Other Small Companion Animals
- Large Animals
- Other Large Animals
- Other Animals
- Small Companion Animals
- End-Use Outlook (Revenue, USD Million; 2019–2032)
- Veterinary Clinics & Diagnostic Centers
- Veterinary Hospitals
- Research Institutes
Global Veterinary Monitoring Equipment Market Geographical Landscape – Synopsis:
- The report closely studies the growth trajectory of the global smart grid market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
- The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions
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