A recent report published by Infinium Global Research on the veterinary electrosurgery market provides in-depth analysis of segments and
sub-segments in the global as well as regional veterinary electrosurgery
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional veterinary electrosurgery market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global veterinary electrosurgery market.
According to the report, the global veterinary electrosurgery market is projected
to grow at a CAGR of 8.1% over the forecast period of 2019-2025.
Veterinary electrosurgery uses high-frequency alternating current
to cut, fulgurate, coagulate, dissect, or ablate tissue. Companies operating in
the veterinary electrosurgery market are focusing on investment in research and
development. The leading players are adopting strategies such as mergers,
acquisitions, and new product launches that maximize their market share in the
global veterinary electrosurgery market. Technological advancement propels the
adoption of veterinary electrosurgery.
The growing number of veterinary practitioners drives the growth
of the veterinary electrosurgery market. There are around 1.8 million
veterinary practitioners worldwide. The rising demand for pet health insurance
contributes to the growth of the veterinary electrosurgery market. The
increasing companion animal population stimulates the growth of the veterinary
electrosurgery market. The surge in per capita income in developing countries
contributes to the growth of the veterinary electrosurgery market.
Technological development propels the growth of the veterinary electrosurgery
market. On the other side, rising pet care costs hinder the growth of the
veterinary electrosurgery market. Moreover, increasing the adoption of
veterinary electrosurgery in untapped emerging markets creates several
opportunities for the growth of the veterinary electrosurgery market.
Based on geography, the global veterinary electrosurgery market is
classified into North America, Asia-Pacific, Europe, and the Rest of the World.
North America is anticipated to have a dominant share in the global veterinary
electrosurgery market. The increasing pet insurance industry and rising
veterinary healthcare expenditure in North America drive the growth of the
veterinary electrosurgery market in North America. Americans spend around $50
billion per annum on their pets. Asia-Pacific is expected to grow in the global
veterinary electrosurgery market with a significant CAGR over the forecast
period. The growing population of livestock animals and rising per capita
income in the Asia-Pacific region contributes to the growth of the veterinary
electrosurgery market in Asia-Pacific. Europe is showing growth in the global
veterinary electrosurgery market.
The report on the global veterinary electrosurgery market covers
segments such as product, application, animals, and end-user. On the basis of
product, the sub-markets include mopolar electrosurgery, bipolar electrosurgery,
and consumables. On the basis of application, the sub-markets include general,
orthopaedic, ophthalmic, urologic, and dental surgery. On the basis of animals,
the sub-markets include large, and small. On the basis of end-user, the
sub-markets include veterinary hospitals, veterinary clinics, and other
The report provides profiles of the companies in the market such
as Covetrus Inc., Symmetry Surgical Inc., Medtronic plc, Kwanza Veterinary,
Integra LifeSciences Holdings Corporation, LED SpA, Special Medical Technology
Co. Ltd., Macan Manufacturing, Summit Hill Laboratories, B. Braun Melsungen AG,
and other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of veterinary
electrosurgery market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.