Veterinary Injectables Market Injection molding

$1.3 Billion Veterinary Injectables Market Assessment by 2030 – Exclusive InsightAce Analytic Report

InsightAce Analytics Sp. Ltd. announces the publication of a market assessment report on “Global Veterinary Injectable Devices Market” – by device (syringes, needles, remote injection systems and other types of devices), mode of use (disposable, reusable, sterile and other users (safety, Etc.)), end users (animal research institutes and laboratories, veterinary hospitals, animal clinics, veterinary pharmacies and other end users), trends, industry competition analysis, revenue and forecast for 2030.

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According to the latest research by InsightAce Analytic, the global veterinary injectables market is valued at USD 820.53 million in 2021 and is expected to reach USD 1,299.01 million by 2030, at a CAGR of 5.5% during forecasts 2024 -2031.

Growing demand for veterinary injection devices
The global pet population has increased in both industrialized and developing countries. This trend is accompanied by a growing concern for the health of pets and the need for effective therapies. Several factors influence demand

veterinary injection devices:
• Fighting common canine infections: Injectable medications are crucial in treating common canine infections such as Capnocytophaga spp., Brucellosis, echinococcosis, and campylobacteriosis.

• Global Rabies Threat: The World Organization for Animal Health recognizes rabies as a persistent global threat, causing approximately 59,000 deaths annually. Effective vaccination and treatment of animals is crucial to reducing the transmission of rabies.

Advantages of injection devices
Veterinary injection devices have several advantages over other drug delivery methods, making them the preferred choice for veterinarians:

• Ease of administration: Compared to oral medications, injectable medications are often easier to administer to animals, improving treatment compliance.

• Faster action: Injectable medications usually provide faster action, making them suitable for emergency use.

Market growth factors
The veterinary injectable market is witnessing significant growth due to several factors:

• Developing new treatments: Continued development of treatments for rare animal diseases is expected to continue to drive demand for injection devices.

• Increasing prevalence of animal diseases: The rising prevalence of various animal diseases demands effective treatment options, driving the injectables market.

• Growing importance of companion animals: Growing emotional attachment to companion animals and the corresponding increase in pet health care spending are contributing to market growth.

• Increased health care spending in developing countries: Developing countries are witnessing an increase in animal health care spending, including the use of injection devices, to protect animal health and food security.

• Streamlined regulatory approval: A more streamlined regulatory approval process for injectable drugs for animal health in developing countries continues to expand the target market for veterinary injectables.

Catering to the growing demand for effective animal healthcare solutions, the veterinary injectables market is well-positioned to continue to grow in the coming years.

North America is expected to be a major contributor to the veterinary injectables market as excellent veterinary infrastructure is available. Increased US spending on pets has also helped shape future trends in the veterinary injectable market in this region. Further increasing market share for veterinary injectable products in the region is the fact that North America is one of the largest markets for meat consumption and strict regulations require that meat only come from healthy animals.

Moreover, the Asia-Pacific veterinary injectables market is expected to grow significantly during the forecast period due to the development of significant poultry enterprises, existence of large number of farm animals and expansion of animal healthcare infrastructure. Livestock and poultry are at greater risk of contracting this disease than companion animals, and the death of livestock and poultry will result in financial losses. Vaccination is being carried out with government support to protect farm animals from disease and is expected to result in more sales of veterinary injectable products in the local market.

The major market players operating in the veterinary injectables market are Schippers Export BV, Akra Dermojet, Allflex Livestock Intelligence (SCR Engineers Ltd.), Terumo Medical Corporation, Neogen Corporation, Boehringer Ingelheim, TeleDart USA, H. Hauptner Und Richard Herberholz GmbH & Co KG, Quick Shot Corporation, Syrinjector Ltd, Accesia, Aesthetic Group, AVID Pet MicroChip, Genia, Millpledge Veterinary, Nordson Efd, Pharma Supply Inc, UID Identification Solutions, Ultimed and Vygon Vet.

Recent collaborations and agreements on the market:
• In January 2022, Smiths Medical from the USA was purchased by ICU Medical Inc. Smiths Medical developed and supplied ambulatory infusion devices, syringes and other animal care supplies to the U.S. market and markets in neighboring countries.

• In December 2021, Covetrus Inc. from the USA has exceeded the technological foundations and infrastructure of VCP. With this acquisition, it hopes to open up new opportunities to do business with pet owners.

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Market segments
Global Veterinary Injectables Market by Device, 2022-2030 ($Mn Value)
• Syringes
• Needles
• Remote injection systems
• Different type of device

Global Veterinary Injectables Market by Consumption, 2022-2030 ($Mn Value)
• Disposable
• Reusable
• Sterile
• Other uses (security etc.)

Global Veterinary Injectables Market by End User, 2022-2030 (USD Million Value)
• Animal research institutes and laboratories
• Veterinary hospitals
• Animal clinics
• Veterinary pharmacies
• Other end users

Global Veterinary Injectables Market by Region, 2022-2030 (USD Million Value)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

North America Veterinary Injectables Market, by Country, 2022-2030 (USD Million Value)
• US
• Canada

European Veterinary Injectables Market by Country, 2022-2030 (USD Million Value)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Veterinary Injectables Market, by Country, 2022-2030 ($Mn Value)
• India
• China
• Japan
• South Korea
• Australia and New Zealand

Latin America Veterinary Injectables Market, by Country, 2022-2030 (USD Million Value)
• Brazil
• Mexico
• Rest of Latin America

Middle East and Africa Veterinary Injectables Market, by Country, 2022-2030 (USD Million Value)
• GCC countries
• South Africa
• Rest of the Middle East and Africa

Why you should buy this report:
 To obtain a comprehensive analysis of the prospects of the global Veterinary Injectables market
 To get an overview of the industry and future trends in the Veterinary Injectables market
 Analysis of factors and challenges in the veterinary injectable market
 To get information on Veterinary Injectables Market Value Forecast (USD Million) to 2030.
 Significant investments, mergers and acquisitions in the veterinary injectables market industry

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