(PharmaNewsWire.Com, December 17, 2019 ) Growing adoption of companion animals and increasing prevalence of animal diseases requiring surgeries are the major factors that are expected to offer potential growth opportunities to market players.
Market Size
The global US Veterinary Infusion Pumps market size is projected to reach USD 35.4 Million by 2021 from USD 26.6 Million in 2016, at a CAGR of 5.8%.
DRE Veterinary (U.S.) and Jorgensen Laboratories (U.S.), Heska Corporation (U.S.), Digicare Biomedical Technology Inc. (U.S.), B. Braun Melsungen AG (Germany), Q Core Medical Ltd. (Israel), Grady Medical System Inc. (U.S.), Mediaid Inc. (U.S.), Burtons Medical Equipment Ltd. (U.K.), Jørgen Kruuse A/S (Denmark), and Kent Scientific Corporation (U.S.) are some key players in this market. These companies are focusing on increasing their presence in the high-growth markets through both organic as well as inorganic growth strategies such as product launches, acquisitions, and expansions.
“Jorgensen Laboratories (U.S.) is one of the major players in the veterinary infusion pumps market”
To garner the leading position in this market, the company focuses on marketing its special veterinary infusion pumps through various distribution channels and is continuously marking its presence in the veterinary equipment market since its inception. The company’s core competency lies in its specific small animal instrument and equipment product line. s
“DRE Veterinary (U.S.) is another well-established player in this market”
The strong position of the company is attributed to its robust product portfolio and services across North America. For instance, in August 2015, the company launched the DRE Avanti Plus infusion pump, a volumetric infusion pump that uses a microcontroller for accurate control of infusion rate and volume. In August 2014, the company established DRE Scientific in the U.S.; the new division is dedicated to selling research-specific equipment packages to universities, laboratories, and other facilities.
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