Improvement in the animal healthcare system and growing rates of pet uptake contributing to the global veterinary anesthesia market growth

calendar_today 07 October, 2022 person_outline Growth Plus Reports

According to the deep-dive market assessment study by Growth+ Reports, the global veterinary anesthesia equipment market was pegged at ~US$ 489.23 Million in 2021. The global veterinary anesthesia equipment market is expected to witness a CAGR of ~15.90 % from 2022 to 2030.  

Anesthesia may be required to handle and perform a physical exam on aggressive animals or to obtain blood for testing, and conventionally in veterinary surgical procedures, veterinary dental practices, and imaging procedures. Due to their lack of gentility, exotic animals frequently require anesthesia for simple methods (such as radiographs or catheter placement). Veterinary anesthesia equipment is divided based on animal size because different types of animals need different doses and ventilation system assistance. Veterinary anesthesia devices provide oxygen to animals, deliver precise amounts of anesthetic agent, remove CO2, and provide controlled or assisted ventilation to animals while performing diagnoses or surgical procedures, with the help of anesthetic machines, vaporizers, ventilators, breathing systems, scavenging systems, and monitors. 

The global veterinary anesthesia equipment market is primarily driven by the rising prevalence of disorders in companion animals, growing pet adoption, and an increasing number of animal welfare organizations. Furthermore, advancements in animal healthcare and a rising number of veterinary surgical procedures for tooth extractions, skin abscesses or lacerations, internal bleeding, neutering, and fractures are driving the global veterinary anesthesia equipment market. 

Pets are nowadays part of most families and are considered family members. With the increasing pet adoption and growing count of animal shelters, Pet animals require regular health check-ups and diagnoses. Most clinical diagnoses, such as sonography of animals, physical examination, and surgical procedures like sterilization, teeth extraction, and other processes, require anesthesia equipment. Additionally, increasing animal healthcare awareness and veterinary clinics fuel the growth of the global veterinary anesthesia equipment market. 

The rising prevalence of abnormalities and diseases in companion, domestic and wild animals is fueling the global veterinary anesthesia equipment market. Infections, fractures, and cataracts are most common in animals, and most of these conditions require clinical intervention. A cataract is a significant health concern, particularly for older dogs, as it can severely impair their vision. Veterinary anesthesia equipment is most commonly used for cataract surgery because aggressive animals are challenging to handle, reducing animal anxiety.

Cancer and other diseases are common in older dogs and cats. Common occurrences of cancer are seen on the skin, musculoskeletal system, gastrointestinal tract, urogenital tract, reproductive tract, cardiovascular system, spinal cord, peripheral nerves, spleen, and the lining of body cavities. Mast cell tumors, melanomas, lipomas, squamous cell carcinomas, histiocytomas, basal cell carcinomas, and fibrosarcoma are common skin tumors that occur in animals and can be treated by excisions or excisions requiring reconstructive plastic surgery are used to treatment of skin tumors. Squamous cell carcinomas, melanomas, and fibrosarcoma are common oral tumors that are removed with as much surrounding tissue as possible, including parts of the mandible and maxilla. Osteosarcomas, stomach, intestinal tumors, splenic masses, and urinary bladder tumors are some other cancers requiring surgery. 

However, the lack of veterinary infrastructure in underdeveloped and rural countries holds the global veterinary anesthesia equipment market growth. Underdeveloped countries and rural areas have a shortage of veterinarians because of the lack of infrastructure, less awareness about animal health, and low income, thus restricting the global veterinary anesthesia equipment market. 

North America dominated the global Veterinary anesthesia equipment market, followed by the Asia Pacific. The dominant position of North America in the global market can be attributed to increasing pet adoption in the region, improving animal welfare NGOs, and robust government regulations on animal healthcare. Technological advancements, growing animal healthcare expenditures, and infrastructure fuel the North American veterinary anesthesia equipment market.  

Some prominent global veterinary anesthesia equipment market players are Dispomed LTD, DRE INC., Hallowell Engineering & Manufacturing Corporation, JD Medical Dist. Co. Inc., Kent Scientific Corporation, Midmark Corporation, Patterson Companies Inc, RWD Life Science Co., LTD, Shenzhen Mindray Animal Medical Technology Co., LTD., Smiths Group Plc., New Gen Medical Systems, and VETLAND MEDICAL SALES & SERVICES among others. 
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