Veterinary Forceps: Market Dynamics
Continuous development and refinement of tools used in veterinary surgery and the increasing success of surgical procedures, which has enabled the performance of several different types of surgeries, are among factors boosting the veterinary forceps market. Increase in animal health expenditure, growth in the number of veterinary practitioners, increase in pet insurance coverage and growth in the demand for food products derived from animals are among factors driving the veterinary forceps market worldwide. However, lack of awareness regarding animal health and the shortage of skilled veterinarians in developing and under-developed nations are some of the factors hampering the growth of the veterinary forceps market.
Veterinary Forceps: Overview
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Increase in the number of veterinary surgeries, which is boosting the demand for veterinary forceps, is expected to drive the market of veterinary forceps in the near future. Moreover, increase in the number of minimally invasive surgeries as well as growth in the number of veterinary hospitals & clinics is boosting the veterinary forceps market. On the basis of product type, haemostatic forceps account for the largest revenue share of the veterinary forceps market owing to a larger number of benefits and increased demand for these products. On the basis of end user, veterinary hospitals account for the largest revenue share of the veterinary forceps market owing to an increase in the number of veterinary surgeries. Veterinary clinics are expected to witness significant growth in the near future owing to a global increase in the number of clinics.
Veterinary Forceps: Region-wise Outlook
On the basis of geography, the global veterinary forceps market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. North America is projected to hold the largest share of the global veterinary forceps market owing to an increase in animal healthcare expenditure and the availability of improved veterinary forceps. Western Europe accounts for the second-largest share owing to an increase in the number of veterinary professionals, increase in the adoption of pets as well as growth in the number of R&D activities. The Asia Pacific region is expected to be the fastest-growing region in the veterinary forceps market owing to an increase in per capita animal healthcare expenditure, growth in the demand for animal-derived food products, increasing urbanization and rising adoption of pets in the emerging market such as India and China.
Veterinary Forceps: Key Players
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Some of the key players present in the global veterinary forceps market are Bioseb – In Vivo Research Instruments, EICKEMEYER VETERINARY EQUIPMENT LTD., Sklar Surgical Instruments, Génia, Orthomed Ltd, Jørgen Kruuse A/S, MAI Animal Health, NEOGEN CORPORATION and Keystone Vet, among others.
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The report covers exhaust analysis on: Market Segments Market Dynamics Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies involved Technology Value Chain
Regional analysis includes: North America (U.S., Canada) Latin America (Mexico. Brazil) Western Europe (Germany, Italy, France, U.K, Spain) Eastern Europe (Poland, Russia) Asia Pacific (China, India, ASEAN, Australia & New Zealand) Japan Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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