Market Overview:
The global veterinary infusion rate monitor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for veterinary infusion rate monitors in pet hospitals, veterinary stations, and other applications. In addition, the growing awareness about animal health and rising adoption of pets are also contributing to the growth of the global veterinary infusion rate monitor market. Based on type, the global Veterinary Infusion Rate Monitor Market can be segmented into plug-in and battery-operated types. The plug-in type is expected to hold a larger share of the market during the forecast period owing to its easy installation and use. Based on application,the Veterinary Infusion Rate Monitor Market can be segmented into pet hospitals, veterinary stations, research institutes & laboratories, zoos & safari parks,,and others (including military).
Product Definition:
A veterinary infusion rate monitor is a device used to measure the rate of fluid flow into or out of a patient's body. This can be done through the use of an intravenous (IV) catheter, which is inserted into a vein, or an intra-arterial (IA) catheter, which is inserted into an artery. The Veterinary Infusion Rate Monitor calculates and displays how many milliliters (mL) of fluid are being infused per minute. This information can help veterinarians adjust the flow rate as needed in order to ensure that their patients receive the correct dosage of medication or treatment.
Plug-in:
Plug-in infusion rate monitor is a device used to measure the rate and amount of fluid given into a patient through an intravenous line. It consists of two parts, namely the container part and the cannula part. The container has got a capacity to hold specific amount of fluid, which can be read by looking at its level in the liquid chamber as compared to that of cannula.
Battery-operated:
Battery-operated infusion rate monitor is a device used to measure the rate and amount of fluid given by an IV drip. It consists of a battery-powered alarm that goes off when the prescribed amount of fluid has been given. The time it takes for this alarm to go off indicates how long the medicine should be administered every day. Battery operated infusion rate monitors are also known as drip pumps, volumetric pumps, or flow meters depending upon manufacturer and usage.
Application Insights:
Based on the application, the market is segmented into pet hospitals, veterinary stations and others. The pet hospitals segment dominated the global market in 2017 owing to increasing number of animal patients and their rising healthcare needs. Moreover, an increase in expenditure by owners on treatment of sick animals is expected to drive demand for IVRMs over the forecast period.
The veterinary stations segment is expected to witness significant growth during the study period owing to growing awareness among farmers about providing better care for animals that they raise.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing pet adoption, high veterinary healthcare expenditure and favorable reimbursement policies for infusion rates set by insurance providers. The region is expected to maintain its dominance throughout the forecast period owing to factors such as growing awareness among pet owners regarding advanced treatments and products, technological advancements in monitoring systems, increased investment by manufacturers in R&D of new devices and an increase in demand for low-cost treatment options.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income resulting from economic development coupled with a rise in consumer preference towards luxury items such as pets due their companionship and loyalty qualities. Rising incidence of chronic diseases among animals is also propelling market growth due to an increase demand for better animal health care facilities along with better infrastructure & services leading toward higher patient admission rates at clinics/ hospitals; this will drive product adoption over the next eight years.
Growth Factors:
- Increasing demand for animal-derived food products is expected to drive the veterinary infusion rate monitor market growth over the forecast period.
- Rising awareness about animal health and increasing adoption of pets are some other factors that are anticipated to fuel the market growth.
- Growing number of veterinary clinics and hospitals is also projected to propel the market expansion during the forecast period.
- Technological advancements in infusion rate monitors is another key factor that is estimated to boost this market in forthcoming years. 5 Emerging countries such as China, India, Brazil, and Mexico offer lucrative opportunities for players operating in this market owing to rising disposable income of consumers coupled with growing demand for better healthcare facilities
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Infusion Rate Monitor Market Research Report
By Type
Plug-in, Battery-operated
By Application
Pet Hospitals, Veterinary Stations, Others
By Companies
Abbott, B.Braun, Baxter, Smiths Medical, Hospira, Shift Labs, Digicare Animal Health, Abbott
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Infusion Rate Monitor Market Report Segments:
The global Veterinary Infusion Rate Monitor market is segmented on the basis of:
Types
Plug-in, Battery-operated
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
Pet Hospitals, Veterinary Stations, 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:
- Abbott
- B.Braun
- Baxter
- Smiths Medical
- Hospira
- Shift Labs
- Digicare Animal Health
- Abbott
Highlights of The Veterinary Infusion Rate Monitor 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:
- Plug-in
- Battery-operated
- By Application:
- Pet Hospitals
- Veterinary Stations
- 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 Infusion Rate Monitor 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?
A Veterinary Infusion Rate Monitor (VIRM) is a device used to measure the infusion rate of medications or other treatments given to animals.
Some of the major companies in the veterinary infusion rate monitor market are Abbott, B.Braun, Baxter, Smiths Medical, Hospira, Shift Labs, Digicare Animal Health, Abbott.
The veterinary infusion rate monitor 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 Infusion Rate Monitor 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 Infusion Rate Monitor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Veterinary Infusion Rate Monitor 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 Infusion Rate Monitor 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 Infusion Rate Monitor Market Size & Forecast, 2018-2028
4.5.1 Veterinary Infusion Rate Monitor Market Size and Y-o-Y Growth
4.5.2 Veterinary Infusion Rate Monitor Market Absolute $ Opportunity
Chapter 5 Global Veterinary Infusion Rate Monitor 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 Veterinary Infusion Rate Monitor Market Size Forecast by Type
5.2.1 Plug-in
5.2.2 Battery-operated
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Veterinary Infusion Rate Monitor 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 Veterinary Infusion Rate Monitor Market Size Forecast by Applications
6.2.1 Pet Hospitals
6.2.2 Veterinary Stations
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veterinary Infusion Rate Monitor 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 Infusion Rate Monitor 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 Veterinary Infusion Rate Monitor Analysis and Forecast
9.1 Introduction
9.2 North America Veterinary Infusion Rate Monitor 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 Veterinary Infusion Rate Monitor Market Size Forecast by Type
9.6.1 Plug-in
9.6.2 Battery-operated
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 Veterinary Infusion Rate Monitor Market Size Forecast by Applications
9.10.1 Pet Hospitals
9.10.2 Veterinary Stations
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 Veterinary Infusion Rate Monitor Analysis and Forecast
10.1 Introduction
10.2 Europe Veterinary Infusion Rate Monitor 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 Veterinary Infusion Rate Monitor Market Size Forecast by Type
10.6.1 Plug-in
10.6.2 Battery-operated
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 Veterinary Infusion Rate Monitor Market Size Forecast by Applications
10.10.1 Pet Hospitals
10.10.2 Veterinary Stations
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 Veterinary Infusion Rate Monitor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Veterinary Infusion Rate Monitor 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 Veterinary Infusion Rate Monitor Market Size Forecast by Type
11.6.1 Plug-in
11.6.2 Battery-operated
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 Veterinary Infusion Rate Monitor Market Size Forecast by Applications
11.10.1 Pet Hospitals
11.10.2 Veterinary Stations
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 Veterinary Infusion Rate Monitor Analysis and Forecast
12.1 Introduction
12.2 Latin America Veterinary Infusion Rate Monitor 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 Veterinary Infusion Rate Monitor Market Size Forecast by Type
12.6.1 Plug-in
12.6.2 Battery-operated
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 Veterinary Infusion Rate Monitor Market Size Forecast by Applications
12.10.1 Pet Hospitals
12.10.2 Veterinary Stations
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) Veterinary Infusion Rate Monitor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Veterinary Infusion Rate Monitor 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) Veterinary Infusion Rate Monitor Market Size Forecast by Type
13.6.1 Plug-in
13.6.2 Battery-operated
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) Veterinary Infusion Rate Monitor Market Size Forecast by Applications
13.10.1 Pet Hospitals
13.10.2 Veterinary Stations
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 Infusion Rate Monitor Market: Competitive Dashboard
14.2 Global Veterinary Infusion Rate Monitor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 B.Braun
14.3.3 Baxter
14.3.4 Smiths Medical
14.3.5 Hospira
14.3.6 Shift Labs
14.3.7 Digicare Animal Health
14.3.8 Abbott
