Get Free Consultation
Global Veterinary Injectable Devices market is expected to offer an $ opportunity of USD 467.15 million over the analysis period. i.e. 2022-2035.
Veterinary Injectable Devices Market size is projected to be valued USD 1,463.6 Million by the end of 2035, growing at a CAGR of 5.14% during the analysis period, i.e., 2022 – 2035. In the base year (2022), the market size of Veterinary Injectable Devices was nearly USD 996.5 Million.
Base Year | 2022 |
Forecast Year | 2024-2035 |
CAGR | 5.14% |
Base Year Market Size (2022) | USD 996.5 Million |
Forecast Year Market Size (2035) | USD 1,463.6 Million |
Pet population is increasing across the globe, which is one of the animal categories required great attention from owner. There are approximately more than 450 pet dogs globally. Nearly 72% of U.S. households (90.5 million homes) owned a pet as of 2022. Brazil is having highest number of small dogs per capita in the world. This number is likely to rise further across the globe. Cattle population amounted to about over 900 million. All these types of animals not immune to continues rise in the infectious disease, which is in turn need immediate treatment.
As the veterinary hospitals and clinics prefer the fast on-set of action to get better response. Healthcare Professionals also expect these injectable devices need to be auto usable, convenient during application and accompanied with advanced technology.
Recently launched injectable devices comes with lots of advancements, and usually preferred by veterinarians in hospitals and clinics, though unmet need still persist in the market. Several types of care need to be taken while giving injections, they applied through different routes, such as intramuscular, subcutaneous, and intravenous.
Growth Drivers: Though there are the various factors responsible for the growth of veterinary injectable few of the leading one is depicted below:
Challenges Associated with Market:
Regional Market Outlook:
North America Market: North America market is expected to account for around 36.38% share in the global market. Being the largest market, it also attributable for the developments of new injectable devices, people already aware about animal care and spend lot of money on animal care. United States is largest market in the region accounting for more than 90% of share. Surging pet adoption, rising awareness, vaccines drive, growing per capital animal spending among others are the various factors contributing to the market growth of veterinary injectable devices.
Asia-Pacific is a lucrative market due to growing number of activities in the region accompanied with huge investments from market players. Country such as China, India, Japan and other are driving the overall market. Region is expected to grow at a highest CAGR % during the analysis period. Various countries government initiatives expected to boost the market statistics.
Report has covered the below pointers in details
Our in-depth analysis of the Global Veterinary Injectable Devices Market includes the following segments:
Global Veterinary Injectable Devices Market | |||
Base Year: | 2022 | Forecast Period: | 2024-2035 |
Historical Data: | 2020 to 2022 | Market Size in 2022: | USD 996.5 Million |
Forecast Period 2024-35 CAGR: | 5.14% | Market Size in 2035: | USD 1,463.6 Million |
Segments Covered: | By Product |
| |
By Usability |
| ||
By Material |
| ||
By End User |
| ||
By Region |
| ||
Key Market Drivers: |
| ||
Key Market Restraints: |
| ||
Key Trends: |
| ||
Companies Covered in the Report: |
|