The Global VeterinaryInfusion Pump Market, by Product Type (Syringe Infusion Pump andLarge-Volume Infusion Pump), by End User (Veterinary Hospitals and VeterinaryClinics) was valued US$ 76.89 million in 2017 and is projected to exhibit aCAGR of 5.6% over the forecast period (2017 - 2025).
Technological advancement bymarket players coupled with rising awareness regarding pet care are the majorfactors driving growth of the global veterinary infusion pump market over theforecast period. Veterinary infusion pump delivers controlled amount of fluidand medications into the bloodstream over a period of time. Increasingprevalence of cancer along with rise in relapsed cancer rates indicates a needto adopt approved novel immunotherapies and targeted therapies, which areproved to be highly effective for the treatment of cancers in pets, thus,augmenting the veterinary infusion pump market growth. Hence, the manufacturersare involved in the launches of innovative products in the market. For instance,Vet Pro SP 3000 by Caesarea Medical Electronics for vet can provide accuratesmall dose and linear infusions. Furthermore, the device has a special featureof drug volume detection, which makes it easy and quick to set up an infusionfor any animal. Furthermore, increasing number of manufactures in the marketoffering veterinary pumps are driving manufacturers to develop innovativedevices. For instance, BodyGuard 121 Twins for vet by Caesarea MedicalElectronics allows user to set up fast high volume rapid infusions by mixingtwo different infusion solutions for an animal or by infusing to two differentanimals from one device.
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Browse 23 Market Data Tables and24 Figures spread through 142 Pages and in-depth TOC on "VeterinaryInfusion Pump Market”, by Product Type (Syringe Infusion Pump and Large-VolumeInfusion Pump), by End User (Veterinary Hospitals and Veterinary Clinics), byRegion (North America, Europe, Latin America, Middle East, Asia Pacific, andAfrica)- Global Forecast to 2025"
Moreover, the rise in hospitaladmission rate due to obesity is expected to propel demand for veterinaryinfusion pumps market. According to the Association for Pet Obesity Prevention(APOP), in U.S. 54 percent dogs and 59percent of cats were overweight or obese in 2016, the number of which increasedto 56 percent dogs and 60 percent cats in 2017. Furthermore, manufacturers arefocused on the development of infusion pumps especially for veterinary clinics,which is expected to boost the demand for veterinary infusion pump from clinicsacross the globe. For instance, Heska developed HESKA VET/IV 2.2 Infusion Pumpfor clinical use, whose calibration is available for Abbott Series A and B,Baxter ACT 5435s Henry Schein UniverSet. Its low weight (2.6 pounds) andcompact structure makes it easy to carry and requires less space.
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Key takeaways of the VeterinaryInfusion Pump Market:
The global veterinary infusionpump market is expected to expand at a CAGR of 5.6% during the forecast period(2017 – 2025), owing to increasing prevalence of disability among geriatricpopulation.
Large Volume Infusion Pumpsegment holds a major market share in product type, due to technicaladvancements and innovations by the manufacturers.
Furthermore, the manufacturersare involved in innovation with the products such as HESKA VET/IV 2.2, and VetPro SP 3000 to make them more user friendly and cost effective. The costeffective nature of this product is expected to boost market revenue over theforecast period.
Some of the major playersoperating in global veterinary infusion pump market are B. Braun Melsungen AG,Heska Corporation, Q Core Medical Ltd., Burtons Medical Equipment Ltd., DREMedical, Inc., Grady Medical, Promed Group Co., Ltd., and SAI InfusionTechnologies.
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