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The Veterinary Infusion Pumps Market Size and Segment is estimated to be USD 3801.8 Million by 2025, according to comprehensive study with demand analysis of 2014-2025. The market has grown around 8% in the past 2 years and is expected to grow by 5% in the next 2 years, this report deals with the exact estimation of the volume and production valuation
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An Introduction to Veterinary Infusion Pumps
The veterinary infusion pump market is expected to reach $24 billion by 2025. This strong demand can be attributed to the growing inclination of veterinarians towards minimally invasive surgical procedures and procedures requiring narcotics where surgery has been banned or played only a very minor role.
Market size, share, trends
Previous research has shown that the Veterinary Infusion Pump Market was valued at US$380.6 Million in 2016 and is projected to reach US$674.0 Million by 2023, registering a CAGR of 10.1% of 2017 to 2023.
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2025 Industry Analysis
The global Veterinary Infusion Pump Market was valued at approximately US$1.9 Billion in 2016 and is projected to reach US$8.6 Billion by 2025, growing at a CAGR of 12.8% during the forecast period.
Regulatory scales by geographical region
The market size, share and market trends of veterinary infusion pumps are expected to witness significant growth over the forecast period. Regional demand through 2025 is expected to have a positive outlook of 8%.
Market dynamics by region
The Global North America Veterinary Infusion Pump Market Trend has a robust growth of 7.5% during the forecast period and is expected to show a CAGR of 8.3% in the coming period . Factors such as the booming pharmaceutical industry, which is likely driving increasing animal health awareness, improving standards in countries, growing need for improved animal health care, have increased market demand for this cash-independent technology.
The global infusion pump market size was valued at USD 1,794.16 million in 2017. In 2020, it is expected to reach around USD 2,186.4 million. Rising prevalence of chronic kidney disease globally, intensified healthcare demands of the geriatric sector and increase in interventional cardiology procedures witnessed during the forecast period will lead to the adoption of this technology globally.