Increasing demand for pet insurance and increasing animal healthcare expenditure, rising demand for animal-derived food products, and growth in the number of veterinary practitioners and their income levels are expected to drive the growth of veterinary infusion pumps market. Moreover, growing adoption of companion animals and increasing prevalence of animal diseases will support the growth of the veterinary infusion pumps market. However, increasing animal care costs hamper the market growth over the forecast period. According to American Veterinary Medical Association, around 107,995 number of veterinarians in 2016 were 110,531 in 2017. The increasing number of veterinary practitioners will support the growth of the market. Similarly, According to Open Government Data (OGD) Platform India, In India around 11,367 veterinary hospitals/polyclinics were present in 2015.

Veterinary Infusion Pumps Market Size was prized at USD 0.1 Billion in 2022. The veterinary infusion pumps market industry is projected to grow from USD 0.104 Billion in 2023 to USD 0.15 Billion by 2032, displaying a compound annual growth rate of 4.80% between 2023 and 2032. Veterinary infusion pumps products are more used in veterinary hospitals, veterinary clinics, and others.

Segmentation

The global veterinary infusion pumps market has been segmented into type, end user, and region.

Based on type, veterinary infusion pumps market is segmented into syringe infusion pump and large-volume infusion pump. The large-volume infusion pump segment is expected to account for the largest share segment of the veterinary infusion pumps market in 2017.

Based on end user, veterinary infusion pumps market is segmented into veterinary hospitals, veterinary clinics, and others. The veterinary hospitals segment expected to account for the largest share segment of the veterinary infusion pumps market in 2017.

Regional Analysis

Geographically, the Americas is expected to dominate the global veterinary infusion pumps market owing to the presence of well-established players, increasing demand for pet insurance, and increasing animal healthcare expenditure, rising demand for animal-derived food products, growth in the number of veterinary practitioners and their income levels, and increasing prevalence of animal diseases. Europe is expected to hold the second largest position in the global veterinary infusion pumps market. Asia-Pacific is expected to be the fastest growing market owing to the increasing prevalence of animal diseases. Furthermore, the Middle East and Africa region is expected to account for the least market share in the global veterinary infusion pumps market.

Key Players

The global genetic engineering market players are Transposagen Biopharmaceuticals Inc. (US)., New England Biolabs (U.S), Genentech Inc. (US), Horizon Discovery Group Plc. (UK), Genscript Biotech Corporation (US), Origene Technologies Inc. (US), Merck KGaA (Germany), Thermo Fisher Scientific Inc. (US), Sangamo Therapeutics Inc. (US), Amgen Inc. (US), Lonza Group Ltd. (Switzerland), Integrated DNA Technologies Inc. (US), and others.

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