Market Overview:
The global veterinary electro-stimulator market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for meat and dairy products, rising awareness about animal health, and growing number of zoos and safari parks. In addition, the increasing use of electro-stimulators in veterinary hospitals, aid organisations, and others is also contributing to the growth of the market. However, lack of awareness about animal health among farmers in developing countries is restraining the growth of this market. The global veterinary electro-stimulator market can be segmented on the basis of type into tabletop veterinary electro-stimulator, hand-held veterinary electro stimulator,, and others. On the basis application ,the global Veterinary Electro Stimulators Market can be segmented into Veterinary Hospital,, Aid Organisations,, Research Institutes & Others,. Geographically ,the Global Veterinary Electro Stimulators Market has been segmented into North America,, Latin America,,,, Europe,,,, Asia Pacific && Middle East & Africa with respective submarkets.
Product Definition:
A veterinary electro-stimulator is a device that is used to deliver electrical current to the body in order to stimulate muscles and nerves. This can be helpful in diagnosing and treating certain medical conditions. The importance of veterinary electro-stimulators lies in their ability to provide relief from pain, improve circulation, and promote healing.
Tabletop Veterinary Electro-Stimulator:
The global tabletop veterinary electro-stimulator market size was valued at USD 31.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing pet adoption, rising pet expenditure, increasing awareness among owners regarding their pets health as well as technological advancements are some major factors driving the growth of this market globally. According to American Pet Products Association (APPA), U.S.
Hand-Held Veterinary Electro-Stimulator:
Hand-held veterinary electro-stimulator is a device used by veterinarians to stimulate the nervous system of animals. It helps in relieving chronic pain, reducing inflammation, and increasing blood circulation in the body. The hand-held veterinary electro-stimulator market is expected to witness lucrative growth over the forecast period owing to an increase in pet population and awareness among pet owners about animal health & treatment options available for their pets at affordable costs.
Application Insights:
The aid organisation segment dominated the global market in 2017. The rising number of animal assisted therapy programs and petting zoos is expected to drive the demand for electric-stimulators over the forecast period. In addition, a growing number of veterinary hospitals across developed countries is anticipated to fuel product demand over the forecast period.
The others segment includes pet stores and hobby farms that keep animals for breeding or showing activities. These animals need mental stimulation as well as physical exercise to remain healthy and active throughout their life cycles. Electric-stimulators provide an easy way for owners to perform both these requirements at home with minimum effort on part of owner or handler, which may result in increased penetration rate among hobby farmers globally during future years due to increasing disposable income among consumers globally coupled with rising awareness about animal health & well being worldwide since last few decades nowaday (Petco Animal Supplements).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing pet ownership, high disposable income of the people and government initiatives for animal care & health. For instance, in 2014, PetSmart Inc., a U.S based company launched a free mobile app that helps owners track their pets location history and daily activity using GPS technology.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising disposable income coupled with growing awareness about veterinary healthcare facilities among people owning animals including dogs, cats & horses among other livestock animals.
Growth Factors:
- Increasing demand for quality meat and dairy products is driving the growth of the veterinary electro-stimulator market.
- Rising awareness about animal health and hygiene is also propelling the growth of this market.
- The increasing number of zoos, safari parks, and other tourist destinations is also fuelling the demand for veterinary electro-stimulators.
- Growing popularity of pet ownership is another key factor that is boosting the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Electro-Stimulator Market Research Report
By Type
Tabletop Veterinary Electro-Stimulator, Hand-Held Veterinary Electro-Stimulator, Others
By Application
Veterinary Hospital, Aid Organisations, Others
By Companies
Chattanooga, GLOBUS, Rothacher Medical, VETBOT, Muromachi Kikai, S + B medVet
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Electro-Stimulator Market Report Segments:
The global Veterinary Electro-Stimulator market is segmented on the basis of:
Types
Tabletop Veterinary Electro-Stimulator, Hand-Held Veterinary Electro-Stimulator, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Veterinary Hospital, Aid Organisations, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chattanooga
- GLOBUS
- Rothacher Medical
- VETBOT
- Muromachi Kikai
- S + B medVet
Highlights of The Veterinary Electro-Stimulator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tabletop Veterinary Electro-Stimulator
- Hand-Held Veterinary Electro-Stimulator
- Others
- By Application:
- Veterinary Hospital
- Aid Organisations
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Veterinary Electro-Stimulator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Veterinary electro-stimulator is a medical device that uses an electrical current to stimulate the body. It is used to treat conditions such as pain, inflammation, and stress in animals.
Some of the key players operating in the veterinary electro-stimulator market are Chattanooga, GLOBUS, Rothacher Medical, VETBOT, Muromachi Kikai, S + B medVet.
The veterinary electro-stimulator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Veterinary Electro-Stimulator Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Veterinary Electro-Stimulator Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Veterinary Electro-Stimulator Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Veterinary Electro-Stimulator Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Veterinary Electro-Stimulator Market Size & Forecast, 2020-2028 4.5.1 Veterinary Electro-Stimulator Market Size and Y-o-Y Growth 4.5.2 Veterinary Electro-Stimulator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Tabletop Veterinary Electro-Stimulator
5.2.2 Hand-Held Veterinary Electro-Stimulator
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Veterinary Hospital
6.2.2 Aid Organisations
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veterinary Electro-Stimulator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Veterinary Electro-Stimulator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Tabletop Veterinary Electro-Stimulator
9.6.2 Hand-Held Veterinary Electro-Stimulator
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Veterinary Hospital
9.10.2 Aid Organisations
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Tabletop Veterinary Electro-Stimulator
10.6.2 Hand-Held Veterinary Electro-Stimulator
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Veterinary Hospital
10.10.2 Aid Organisations
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Tabletop Veterinary Electro-Stimulator
11.6.2 Hand-Held Veterinary Electro-Stimulator
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Veterinary Hospital
11.10.2 Aid Organisations
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Tabletop Veterinary Electro-Stimulator
12.6.2 Hand-Held Veterinary Electro-Stimulator
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Veterinary Hospital
12.10.2 Aid Organisations
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Tabletop Veterinary Electro-Stimulator
13.6.2 Hand-Held Veterinary Electro-Stimulator
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Veterinary Hospital
13.10.2 Aid Organisations
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Veterinary Electro-Stimulator Market: Competitive Dashboard
14.2 Global Veterinary Electro-Stimulator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chattanooga
14.3.2 GLOBUS
14.3.3 Rothacher Medical
14.3.4 VETBOT
14.3.5 Muromachi Kikai
14.3.6 S + B medVet