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Veterinary Equipment and Supplies Market Size
- Report ID: GMI5939
- Published Date: Jun 2023
- Report Format: PDF
Veterinary Equipment and Supplies Market Size
Veterinary Equipment and Supplies Market size was anticipated to be worth USD 2.1 billion in 2022 and is expected to reach USD 4.5 billion by 2032, increasing at an 8.2% CAGR. Veterinary equipment and supplies are used in operations as well as the monitoring and treatment of animal ailments. The major growth drivers for the global market include increased companion animal population, rising demand for pet insurance, rising animal health spending, and a growing number of diseases in animals.
Moreover, rising demand for pet insurance to assist lower out-of-pocket expenses for important medical issues including accidental accidents is expected to drive market expansion. In countries like as India, Malaysia, and Vietnam, livestock insurance is offered to assist cover the costs of various veterinary services. A rising number of insured animals is predicted to fuel demand for veterinary operations.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Veterinary Equipment and Supplies Market Size in 2022: | USD 2.1 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 8.2% |
| 2032 Value Projection: | USD 4.5 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 496 |
| Tables, Charts & Figures: | 842 |
| Segments covered: | Product, Application, Animal type, End-user, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Veterinary Equipment and Supplies Market Scope
