Veterinary Infusion Pump Market to Surpass US$ 119.27 Million by 2025

Veterinary Infusion Pump Market
INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2017–2025
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REPORT DESCRIPTION
Veterinary Infusion Pump Market - Insights
The Global Veterinary Infusion Pump Market, by Product Type (Syringe Infusion Pump and
Large-Volume Infusion Pump), by End User (Veterinary Hospitals and Veterinary Clinics) was
valued US$ 76.89 million in 2017 and is projected to exhibit a CAGR of 5.6% over the
forecast period (2017 - 2025) as highlighted in a new report published by Coherent Market
Insights. Technological advancement by market players coupled with rising awareness
regarding pet care are the major factors driving growth of the global veterinary infusion
pump market over the forecast period.
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Veterinary infusion pump delivers controlled amount of fluid and medications into the
bloodstream over a period of time. Increasing prevalence of cancer along with rise in
relapsed cancer rates indicates a need to adopt approved novel immunotherapies and
targeted therapies, which are proved to be highly effective for the treatment of cancers in
pets, thus, augmenting the veterinary infusion pump market growth. Hence, the
manufacturers are involved in the launches of innovative products in the market. For
instance, Vet Pro SP 3000 by Caesarea Medical Electronics for vet can provide accurate small
dose and linear infusions. Furthermore, the device has a special feature of drug volume
detection, which makes it easy and quick to set up an infusion for any animal.
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REPORT DESCRIPTION
Furthermore, increasing number of manufactures in the market offering veterinary pumps are
driving manufacturers to develop innovative devices. For instance, BodyGuard 121 Twins for vet
by Caesarea Medical Electronics allows user to set up fast high volume rapid infusions by mixing
two different infusion solutions for an animal or by infusing to two different animals from one
device.
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Moreover, the rise in hospital admission rate due to obesity is expected to propel demand for
veterinary infusion pumps market. According to the Association for Pet Obesity Prevention
(APOP), in U.S. 54 percent dogs and 59 percent of cats were overweight or obese in 2016, the
number of which increased to 56 percent dogs and 60 percent cats in 2017.
Furthermore, manufacturers are focused on the development of infusion pumps especially
for veterinary clinics, which is expected to boost the demand for veterinary infusion pump
from clinics across the globe. For instance, Heska developed HESKA VET/IV 2.2 Infusion
Pump for clinical use, whose calibration is available for Abbott Series A and B, Baxter ACT
5435s Henry Schein UniverSet. Its low weight (2.6 pounds) and compact structure makes it
easy to carry and requires less space.
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REPORT DESCRIPTION
Key takeaways of the Veterinary Infusion Pump Market:
• The global veterinary infusion pump market is expected to expand at a CAGR of 5.6%
during the forecast period (2017 – 2025), owing to increasing prevalence of disability
among geriatric population.
• Large Volume Infusion Pump segment holds a major market share in product type, due to
technical advancements and innovations by the manufacturers.
• Furthermore, the manufacturers are involved in innovation with the products such as
HESKA VET/IV 2.2, and Vet Pro SP 3000 to make them more user friendly and cost
effective. The cost effective nature of this product is expected to boost market revenue
over the forecast period.
• Some of the major players operating in global veterinary infusion pump market are B.
Braun Melsungen AG, Heska Corporation, Q Core Medical Ltd., Burtons Medical
Equipment Ltd., DRE Medical, Inc., Grady Medical, Promed Group Co., Ltd., and SAI
Infusion Technologies.
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The Global Veterinary Infusion Pump Market, by Product Type (Syringe Infusion Pump and Large-Volume Infusion Pump), by End User (Veterinary Hospitals and Veterinary Clinics) was valued US$ 76.89 million in 2017 and is projected to exhibit a CAGR of 5.6% over the forecast period (2017 - 2025) as highlighted in a new report published by Coherent Market Insights. Technological advancement by market players coupled with rising awareness regarding pet care are the major factors driving growth of the global veterinary infusion pump market over the forecast period.