Veterinary Infusion Pumps Market to Grow with a CAGR of 6.25% through 2028
Rising awareness of animal health and Advancements
in veterinary medicine are factors driving the global Veterinary Infusion Pumps
market in the forecast period 2024-2028.
According to TechSci Research report, “Veterinary
Infusion Pumps Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Veterinary Infusion Pumps
Market stood at USD 98.56 million in 2022 and is anticipated to grow with a
CAGR of 5.82% in the forecast period, 2024-2028. The global Veterinary Infusion Pumps market is
experiencing robust growth due to the increasing demand for precise and
controlled fluid and medication administration in veterinary care. Infusion
pumps have become indispensable tools in diverse veterinary settings, including
clinics, hospitals, and field-based treatments.
Key drivers of this market include the rising pet
ownership and the growing awareness of the importance of high-quality
veterinary care. As pets are increasingly considered part of the family, there
is a heightened focus on ensuring their health and well-being, driving the need
for advanced medical equipment like infusion pumps. Moreover, the livestock
industry's expansion necessitates efficient methods of administering
medications and nutrients to maintain herd health and productivity. This,
coupled with technological advancements and the integration of smart features
for remote monitoring, is propelling the global Veterinary Infusion Pumps
market forward. As veterinary medicine continues to advance, the demand for
these devices is expected to further rise, ensuring the delivery of optimal
care to animals of all sizes and species.
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Infusion Pumps Market.”
The global Veterinary Infusion Pumps
market is influenced by several key drivers that collectively shape its growth
trajectory. Firstly, the increasing pet ownership worldwide is a significant
driver. Pets are now considered cherished family members, leading to a growing
demand for advanced veterinary care. Veterinary infusion pumps play a crucial
role in this context by ensuring precise and controlled administration of
fluids and medications, thereby improving the quality of care for companion
animals. Secondly, the expansion of the livestock industry is driving the
adoption of infusion pumps. Livestock farming is essential for meeting the
global demand for meat and dairy products. These animals often require
medications and nutritional support, and infusion pumps offer efficient means
of delivering these substances, thereby enhancing herd health and productivity.
Furthermore, the advancements in veterinary medicine and the emphasis on
customized treatment plans are driving the need for infusion pumps. Veterinarians
are increasingly relying on these devices to administer individualized
treatments, whether for surgery, critical care, or managing chronic diseases.
Lastly, the integration of smart
technology into infusion pumps, such as remote monitoring and data management,
is a recent driver. This integration enhances the safety and efficiency of
treatments, aligning with the broader trend of digitization in healthcare. Collectively,
these drivers indicate the growing importance of veterinary infusion pumps in
providing precise, efficient, and personalized care to animals, both in
clinical settings and for at-home care. As the veterinary care landscape
continues to evolve, the demand for these devices is expected to increase
further.
The Global Veterinary Infusion Pumps Market is
segmented into type, end user, region and company.
Based on type, Syringe Infusion Pumps are experiencing
rapid growth in the global Veterinary Infusion Pumps market due to several
compelling reasons. Firstly, these pumps offer unmatched precision in drug
administration, which is paramount in veterinary medicine, especially for small
and critically ill patients. Veterinarians can accurately deliver even tiny
volumes of medications and fluids, reducing the risk of dosage errors and
ensuring patient safety. Secondly, Syringe Infusion Pumps are highly versatile
and suitable for a wide range of applications in veterinary care. Whether it's
delivering anesthesia during surgery, administering critical care medications,
or providing pain management, these pumps can handle diverse treatment needs.
Additionally, their compact and portable nature makes
Syringe Infusion Pumps ideal for both clinical and field-based veterinary care.
They are especially well-suited for ambulatory and home care situations,
allowing for convenient and precise treatment delivery. Furthermore, the
integration of smart technology in Syringe Infusion Pumps, enabling features
like remote monitoring and customizable treatment protocols, has enhanced their
appeal to veterinarians seeking advanced and efficient solutions. Overall, the
combination of precision, versatility, portability, and technological
advancements has propelled Syringe Infusion Pumps to be the fastest-growing
segment in the global Veterinary Infusion Pumps market, meeting the evolving
demands of modern veterinary medicine effectively.
Based on region, The Asia-Pacific region is witnessing
the fastest growth in the global Veterinary Infusion Pumps market due to
several key factors driving demand and adoption. Firstly, the region's
increasing affluence has led to a surge in pet ownership, particularly in urban
areas. This rising middle-class population places a strong emphasis on
providing high-quality healthcare for their companion animals, spurring the
need for advanced veterinary equipment, including infusion pumps. Secondly, the
livestock industry in Asia-Pacific is substantial, with countries like China
and India among the world's largest producers of meat and dairy products.
Efficient herd health management is crucial for productivity, and infusion
pumps are integral for precise medication and nutrient administration. Furthermore,
the Asia-Pacific region is experiencing rapid urbanization and the expansion of
veterinary healthcare infrastructure, including clinics and hospitals, which
are adopting modern medical equipment to meet growing demands.
Additionally, governments in the region are
increasingly focusing on animal welfare and safety standards, necessitating
accurate and controlled drug delivery systems like infusion pumps. Lastly, the
adoption of advanced technology and the integration of smart features into
veterinary equipment, including infusion pumps, align with the broader
digitalization trends in healthcare in Asia-Pacific. In summary, the
Asia-Pacific region's combination of pet ownership trends, a significant
livestock industry, infrastructure development, regulatory focus on animal
health, and technology adoption is driving the robust growth of the Veterinary
Infusion Pumps market in this region.
Major companies operating in Global Veterinary
Infusion Pumps Market are:
- Burtons Medical Equipment Ltd
- Digicare Biomedical Technology, Inc
- Dre Veterinary, Inc.
- Grady Medical Systems, Inc.
- Jorgen Kruuse A/S
- Jorgensen Laboratories
- Leading Edge Veterinary Equipment
- Q Core Medical Ltd.
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“The future of the global Veterinary Infusion Pumps
market is poised for dynamic growth and evolution. Advancements in technology,
particularly the integration of smart features and remote monitoring
capabilities, will continue to enhance the precision and efficiency of drug
administration in veterinary care. Telehealth integration will further expand
access to specialized care. As the global pet population continues to rise,
especially in emerging markets, the demand for advanced veterinary equipment,
including infusion pumps, will surge. Regulatory advancements and
sustainability considerations will drive product improvements and
standardization. Overall, the future of Veterinary Infusion Pumps is marked by
innovation, increased accessibility, and a commitment to enhancing the quality
of care for animals of all sizes and species.,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“Veterinary Infusion Pumps Market, 2028-
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028
Segmented By
Type (Large Volume Infusion Pumps, Syringe Infusion Pumps), By End User
(Private Hospitals, Private Clinics, Teaching Hospitals), By Region, By Competition Forecast & Opportunities,
2018-2028F”, has evaluated the future growth potential of Global Veterinary
Infusion Pumps Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Veterinary Infusion
Pumps Market.
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