The Global Veterinary
Infusion Pump Market, by Product Type (Syringe Infusion Pump and
Large-Volume Infusion Pump), by End User (Veterinary Hospitals and Veterinary
Clinics) was valued US$ 76.89 million in 2017 and is projected to exhibit a
CAGR of 5.6% over the forecast period (2017 - 2025).
Technological advancement by
market players coupled with rising awareness regarding pet care are the major
factors driving growth of the global veterinary infusion pump market over the
forecast period. Veterinary infusion pump delivers controlled amount of fluid
and medications into the bloodstream over a period of time. Increasing
prevalence of cancer along with rise in relapsed cancer rates indicates a need
to adopt approved novel immunotherapies and targeted therapies, which are
proved to be highly effective for the treatment of cancers in pets, thus,
augmenting the veterinary infusion pump market growth. Hence, the manufacturers
are involved in the launches of innovative products in the market. For instance,
Vet Pro SP 3000 by Caesarea Medical Electronics for vet can provide accurate
small dose and linear infusions. Furthermore, the device has a special feature
of drug volume detection, which makes it easy and quick to set up an infusion
for any animal. Furthermore, increasing number of manufactures in the market
offering veterinary pumps are driving manufacturers to develop innovative
devices. For instance, BodyGuard 121 Twins for vet by Caesarea Medical
Electronics allows user to set up fast high volume rapid infusions by mixing
two different infusion solutions for an animal or by infusing to two different
animals from one device.
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Browse 23 Market Data Tables and
24 Figures spread through 142 Pages and in-depth TOC on "Veterinary
Infusion Pump Market”, by Product Type (Syringe Infusion Pump and Large-Volume
Infusion Pump), by End User (Veterinary Hospitals and Veterinary Clinics), by
Region (North America, Europe, Latin America, Middle East, Asia Pacific, and
Africa)- Global Forecast to 2025"
Moreover, the rise in hospital
admission rate due to obesity is expected to propel demand for veterinary
infusion pumps market. According to the Association for Pet Obesity Prevention
(APOP), in U.S. 54 percent dogs and 59
percent of cats were overweight or obese in 2016, the number of which increased
to 56 percent dogs and 60 percent cats in 2017. Furthermore, manufacturers are
focused on the development of infusion pumps especially for veterinary clinics,
which is expected to boost the demand for veterinary infusion pump from clinics
across the globe. For instance, Heska developed HESKA VET/IV 2.2 Infusion Pump
for clinical use, whose calibration is available for Abbott Series A and B,
Baxter ACT 5435s Henry Schein UniverSet. Its low weight (2.6 pounds) and
compact structure makes it easy to carry and requires less space.
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Report: https://www.coherentmarketinsights.com/market-insight/veterinary-infusion-pump-market-1689
Key takeaways of the Veterinary
Infusion Pump Market:
The global veterinary infusion
pump market is expected to expand at a CAGR of 5.6% during the forecast period
(2017 – 2025), owing to increasing prevalence of disability among geriatric
population.
Large Volume Infusion Pump
segment holds a major market share in product type, due to technical
advancements and innovations by the manufacturers.
Furthermore, the manufacturers
are involved in innovation with the products such as HESKA VET/IV 2.2, and Vet
Pro SP 3000 to make them more user friendly and cost effective. The cost
effective nature of this product is expected to boost market revenue over the
forecast period.
Some of the major players
operating in global veterinary infusion pump market are B. Braun Melsungen AG,
Heska Corporation, Q Core Medical Ltd., Burtons Medical Equipment Ltd., DRE
Medical, Inc., Grady Medical, Promed Group Co., Ltd., and SAI Infusion
Technologies.
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