Title: Veterinary Medical Equipment Market Worldwide Analysis, Future Growth, Business Prospects And Forecast To 2023
1Global Veterinary Medical Equipment Market
(Covid-19) Analysis, Growth, Opportunities,
Strategies And Forecast To 2023
2Veterinary Medical Equipment Market
Characteristics
- The global veterinary medical equipment market is
expected to decline from 2.2 billion in 2019 to
1.8 billion in 2020 at a compound annual growth
rate (CAGR) of -18.2. The decline is mainly
because of worldwide supply and demand mismatches
of resources due to the COVID-19 outbreak. There
is an inadequate production of veterinary medical
equipment due to the restrictions imposed by
governments of various countries to shutdown
factories or function with minimal staffing to
contain the spread of virus and keep the staff
safe. The market is then expected to recover and
grow at a CAGR of 7 from 2021 and reach 2.8
billion in 2023.The report covers the
Veterinary Medical Equipment markets segments-
1) By Type Veterinary Diagnostic Equipment,
Veterinary Anesthesia Equipment, Veterinary
Patient Monitoring Equipment, Other Veterinary
Medical Equipment.2) By Product
Instruments/Equipment, Disposables.
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3Major Key Players
- The major players in the global veterinary
medical equipment market are Carestream Health,
IDEXX Laboratories Inc., Agfa Healthcare, MinXray
Inc., Diagnostic Imaging Systems -
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the COVID-19 and how it is likely to emerge and
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basis of local data and analysis. - Identify growth segments for investment.
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