Global veterinary disposable products market
DUBLIN, March 5, 2024 (Globe Newswire) — The “Veterinary Disposable Products Global Market Report 2024” report has been added. ResearchAndMarkets.com Recruitment.
The market size of disposable animal products has grown rapidly in recent years. It is expected to grow from $430 million in 2023 to $490 million in 2024, at an average annual growth rate of 13.4%. This historic growth can be attributed to the adoption of environmentally friendly solutions, improved veterinary facilities, increased pet ownership, expansion of veterinary practices, and the introduction of e-commerce.
The projected expansion of the veterinary disposable products market is expected to be influenced by the increasing trend in pet ownership. Pet ownership comes with the responsibility of owning and caring for livestock, including meeting their food, water, shelter, medical, and companionship needs. Market growth is driven by the increasing prevalence of pets, leading to increased demand for advanced veterinary equipment and disposable products, ultimately leading to improved effectiveness and safety of these products. For example, Chewy Inc., an online retailer of pet products in the United States, reported approximately 977,202 pet adoptions in 2021, marking the highest adoption rate in six years at 61%. As a result, the proliferation of pet owners is contributing to the positive trajectory of the veterinary disposable products market.
Rapid increase in livestock population is anticipated to be the driving force behind the growth of the veterinary disposable products market. Livestock population refers to the total number of livestock kept in agricultural settings for commercial purposes. Veterinary disposable products such as syringes and needles play an important role in animal production by facilitating vaccination. These disposable products are essential for the safe and efficient administration of vaccines to livestock, contributing to disease prevention and improving overall animal health. For example, the US Department of Agriculture reported that India's domestic cattle herd is expected to increase by 1.2 million head to reach a total of 306.7 million head as of September 2021. Thus, the growing livestock population will drive the veterinary disposable products market forward.
Some of the companies mentioned in this report include:
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Cardinal Health Co., Ltd.
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Pfizer Japan Inc
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Abbott Laboratories
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Medtronic Co., Ltd.
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becton dickinson and company
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henry schein company
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B. Braun Melsungen AG
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Covetruss Co., Ltd.
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Mindray Medical International Limited
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smith group plc
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Idex Laboratories Co., Ltd.
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Varian Medical Systems Co., Ltd.
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Midmark Co., Ltd.
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Heska Corporation
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Abasis Co., Ltd.
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Nonin Medical Co., Ltd.
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Digicare Biomedical Technology Co., Ltd.
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Akon Laboratories Co., Ltd.
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Jorgensen Laboratories Co., Ltd.
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DRE Veterinary Co., Ltd.
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Vetland Medical Sales and Service
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Zomedica Pharmaceuticals Corporation
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Cinegen Co., Ltd.
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Patterson Companies, Inc.
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Piavita AG
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Tribiumvet Co., Ltd.
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ITL Biomedical Co., Ltd.
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Central Biomedia Co., Ltd.
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Vetronic Service Co., Ltd.
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optomed oiji
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Dextronics Co., Ltd.
For more information about this report, please visit https://www.researchandmarkets.com/r/7a6ha7.
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