The global veterinary monitoring equipment marketsize is expected to reach USD 1,083.5 Million in 2032 and register a steady revenue CAGR of 9.8% during the forecast period, according to latest analysis by Emergen Research. Rising number of veterinary practitioners and income levels in developed economies is a major factor driving market revenue growth. In the U.S., there are over 100,000 practicing veterinarians; while, in a country such as Kenya, the number can only be in hundreds. Focus on animals in developing markets, however, can preclude provision of adequate veterinary care. There has also been a significant rise in prosperity and decline in poverty. Income threshold for bottom 10% has climbed from 260 to 480 international dollars and median income has nearly doubled from 1,100 to 2,010.
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Some major players in the market includeDRE Veterinary, Smiths Group plc, Digicare Biomedical, Midmark Corporation, Covetrus, Medtronic, Bionet America, SonoScape Medical Corp., Hallowell EMC, and MinXray, Inc.
Elucidating the competitive landscape of the Global Veterinary Monitoring Equipment Market :
Objectives of the Global Veterinary Monitoring Equipment Market Study:
The purpose of the global Veterinary Monitoring Equipment Market research report is to provide substantial information about key segments and the competitive landscape of the Veterinary Monitoring Equipment Market report. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Veterinary Monitoring Equipment Market .
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For the purpose of this report, Emergen Research has segmented the global veterinary monitoring equipment market based on device type, product, end-use, and region:
· Type Outlook (Revenue, USD Million; 2019–2032)Regional Outlook (Revenue, USD Million; 2018-2028)
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
In North America, the United States is the major market for industrial maintenance coatings due to the presence of a well-established industrial sector and increasing investments in infrastructure development. The market in Canada is also expected to grow due to the expansion of the oil and gas industry.
In Europe, Germany and the United Kingdom are the major markets for industrial maintenance coatings, owing to the presence of a large number of manufacturing industries and increasing demand for high-performance coatings. The market in France is also expected to grow due to the increasing adoption of advanced coating technologies.
In the Asia-Pacific region, China is the largest market for industrial maintenance coatings due to the presence of a large number of manufacturing industries and increasing investments in infrastructure development.
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The latest
research report by Emergen Research, named ‘Global Veterinary Monitoring
Equipment Market - Forecast to 2030
’, entails a comprehensive review of the global Veterinary Monitoring
Equipment Market This comprehensive study provides various aspects of business such as
important definition, end use and total revenue generated across various
regions. Besides this, researchers behind this study put in vigilant and
persistent effort to keep a proximate attention on top performers of Veterinary Monitoring Equipment Market industry. Import and export, demand and
supply, gross margin, supply chain management and distribution channel are the
other aspects examined during the research.
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