Global Veterinary Electrosurgery Market Regional Forecasts 2020-2027
Posted by Sonika on February 11th, 2021
Bharat Book Bureau Provides the Trending Market Research Report on “Global Veterinary Electrosurgery Market Size study, by Product (Bipolar Electrosurgical Instruments, Monopolar Electrosurgical Instruments, Consumables & Accessories), by Application (General Surgery, Gynecological & Urological Surgery, Dental Surgery, Orthopedic Surgery, Others), by Animal Type (Small Animals, Large Animals) and Regional Forecasts 2020-2027 ”under Medical Devices Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Veterinary Electrosurgery Market is valued approximately at USD 56 million in 2019 and is anticipated to grow with a healthy growth rate of more than 8.6% over the forecast period 2020-2027. Veterinary electrosurgery is a subset of a radio frequency with irregular polarity of electric current to thicken or cut the biological tissue. It is frequently used in surgical procedures for more than 60 years. More often, these devices applied for accurate surgical cutting or examining the bleeding by causing coagulation at the surgical spot. Electrosurgery devices, including electrodes, coagulators, probes, and other devices use high-frequency alternating current (AC) to execute their corresponding functions. Further, this procedure is proven to be as efficient treatment option for animals with tumors, and are often extremely safe, thereby driving the market growth all over the world. Moreover, the increasing number of veterinarians will further amplify the development of veterinary electrosurgery across the globe. According to Statista, in 2016, around 20 thousand veterinarians estimated in the United Kingdom and is increased to almost 23 thousand veterinarians in 2018. Also, the slighter increase was reported in 2019 with almost 25 thousand of veterinarians. In addition, the growing pet ownership and spending on pets, along with the rapid growth in the number of veterinary practitioners are the few factors responsible for the high CAGR of the market during the forecast period. As per the American Society for the Prevention of Cruelty to Animals (ASPCA), in the United States, roughly 6.5 million companion animals are undertaken into the animal shelters each year. Similarly, according to the Canadian Animal health Institute (CAHI), the overall number of household pet expanded in Canada. The pet dog population has increased from 7.6 million in 2016 to 8.2 million in 2018. Whereas, the pet cat population estimated around 8.3 million in 2018. This, in turn, is expected to strengthen the market growth all over the world. However, the rising pet care cost, coupled with lack of awareness concerning veterinary electrosurgery are the few major factors limiting the market growth over the forecast period of 2020-2027.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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About the AuthorSonika
Joined: January 22nd, 2019
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