Hengzhou Bozhi Forecast: 2027 Global Pet Medical Devices Market Size Will Reach $11,716.18 Million
Pet Medical Devices are the instruments to address the needs of pets in terms of health issues, repairs, grooming, etc., which mainly include veterinary examination tables, veterinary stethoscopes, veterinary otoscopes, and veterinary biochemistry instruments.
Pet Medical Devices Industry Background, Development History, Status and Trends
Global Pet Medical Devices Overall Size Analysis
In 2020, the global Pet Medical Devices market size reached USD 5,769.04 Million, and it is expected to reach USD 11,716.18 Million by 2027, with a compound annual growth rate (CAGR) of 10.67%.
At the regional level, the Chinese market has changed rapidly in the past few years, with a market size of $424.3 million in 2020, accounting for about 7.35% of the global market, and is expected to reach $1,084.48 million in 2027, when the global share will reach 9.26%.
In terms of product type and technology, diagnostic instruments accounted for a major share, with a market size of $2040.98 million in 2020, and is expected to reach $4120.53 million by 2027, at a compound annual growth rate (CAGR) of 10.55%.
In terms of product market applications, pet hospitals are the major consumer type, accounting for 58.16% of the market with a market size of $3,355.1 million in 2020.
Currently, the global key manufacturers include IDEXX, Covetrus (Henry Schein), Johnson, Siemens, Midmark Corporation, and other manufacturers, the global share of the top 3 manufacturers accounted for more than 56.96% in 2020, and the industry is expected to become more competitive in the next few years, especially in the China market.
It is expected that the pet medical equipment market outlook is good, mainly because of the pet owners of the level of spending power to improve the importance of pet health; and pet medical coverage gradually expand, from the initial diagnosis and treatment of diseases, extended to vaccination, daily medical care and other aspects are involved in a number of medical devices, in addition to the introduction of relevant policies one after another, the degree of standardization of the industry will increase.
Related Report:2021-2027 Global and Chinese Pet Medical Devices Market Status and Future Trends
This report studies sales and future trends of Pet Medical Devices in Global and Chinese markets. Focuses on the key global and Chinese manufacturers, to analyze the product characteristics, product specifications, sales revenue and market share of key manufacturers in global and Chinese markets. The historical data is from 2016 to 2020 and the forecast data is from 2021 to 2027.
The key manufacturers include:
IDEXX
Covetrus (Henry Schein)
Johnson
Siemens
Midmark Corporation
Smiths Medical
Olympus
Carestream Health
GE Healthcare
Nonin Medical
Myriad Medical
Echosin Medical
Shimebako
Ampcon Technology
Hui Fung Medical Devices
McBeam
McBain
Smiths Medical
Smiths Medical
McBain Medical
By different product types, it includes the following categories:
Diagnostic Instruments
Monitoring Devices
Surgical Instruments
Beauty Instruments
Other
By different applications, it includes the following main areas:
Pet Hospitals
Pet Stores
Household
Focus on the following regions
North America
Europe
China
Japan
Southeast Asia
India
The body of this paper***12 chapters, the main contents of each chapter are as follows:
Chapter 1: Scope of Report Statistics , product segmentation and major downstream markets, industry background, development history, current status and trends, etc.
Chapter 2: Global Overall Scale (Sales Revenue and Regional Production Value 2016-2027);
Chapter 3: Competitive analysis of the top manufacturers of Pet Medical Devices on a global scale, mainly including Pet Medical Devices revenue, market share, establishment period and industry concentration Analysis;
Chapter 4: Global Pet Medical Devices Major Regions Analysis, including sales revenue;
Chapter 5: Global Pet Medical Devices Basic Facts of the Major Manufacturers, including company profiles, Pet Medical Devices product models, revenue, gross margin, and recent development.
Chapter 6: Global Revenue and Share of Pet Medical Devices by Product Types, etc.
Chapter 7: Global Revenue and Share of Pet Medical Devices by Applications, etc.
Chapter 8: Industry Chain, Upstream and Downstream Analysis, Sales Channel Analysis, etc.
Chapter 9: China Import and Export Analysis
Chapter 10: China Market Pet Medical Devices Distribution by Origin and Consumption Regions
Chapter 11: Industry Dynamics, Growth Drivers, Development Opportunities, Favorable Factors, Unfavorable and Impeding Factors, Industry Policies, etc.
Chapter 12: Conclusion of the Report