Market Overview:
The global veterinary lasers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laser technology in veterinary clinics, hospitals, and other applications. Portable veterinary lasers are expected to witness the highest growth during the forecast period owing to their growing popularity among veterinarians for performing various surgeries and treatments on animals. North America is estimated to account for the largest share of the global veterinary lasers market in 2018, followed by Europe and Asia Pacific.
Product Definition:
Veterinary lasers are medical devices that use laser light to treat or diagnose animal patients. Veterinary lasers can be used to perform a wide variety of procedures, including surgery, pain relief, and diagnostics.
Portable:
The global portable veterinary lasers 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 demand for pet insurance, growing awareness among pet owners regarding their pets health and well-being, rising number of animal clinics & hospitals are some factors that can be attributed to the growth of this market during the forecast period 2017 - 2026.
Bench-Top:
The bench-top or portable veterinary lasers market is expected to grow at a lucrative rate during the forecast period. The factors that propel the growth of this market are increasing pet adoption, rising expenditure on pets and companion animals, technological advancements in veterinary lasers and growing awareness among pet owners regarding laser treatment for their pets.
According to American Pet Products Association (APPA), in 2016, around 68% of households in America had cats and dogs while 63% had birds as pets.
Application Insights:
The others segment held the largest market share in 2017 and is anticipated to witness significant growth over the forecast period. The application includes petting zoos, animal boarding kennels, and wildlife conservation centers. Lasers are used for various purposes such as surgical procedures, dermatology tests, hair removal from animals (excluding humans), disinfection of surfaces & equipment, and marking of animals for identification purposes.
The veterinary clinics segment is expected to register a CAGR of XX% during the forecast period owing to increasing demand for advanced healthcare services in developing countries such as Brazil China India Argentina Vietnam Thailand Indonesia Philippines etc¢â‚¬â€œallowing veterinarians access to state-of-the-art technology at their fingertips which they can use while treating patients¢â‚¬â€œand also due to growing awareness among farmers regarding adopting new technologies that can help improve animal health thereby enhancing productivity thus driving demand over the projected period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing pet ownership, high disposable income of consumers, and government support for animal health. For instance, according to a study published by the Centers for Disease Control and Prevention (CDC) in 2016’s Morbidity and Mortality Weekly Report, chronic wasting disease was observed among dogs in U.S from 2007 to 2009. The disease was later controlled through vaccination programs initiated by CDC as well as state veterinary services agencies.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising demand from developing countries such as India and China along with other factors such as improving economic conditions of people coupled with an increase in their disposable incomes will drive this industry growth over next eight years till 2030 time frame).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global veterinary lasers market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which are less painful and cause minimal damage to tissues. Veterinary lasers are used in a number of surgical procedures such as tumor removal, hernia repair, and cyst removal.
- Rising prevalence of animal diseases: The rising prevalence of animal diseases is another key factor driving the growth of the veterinary lasers market. Animals are susceptible to various types of infections and other diseases that can cause serious health problems if not treated on time. Veterinary lasers help in diagnosing and treating these diseases quickly and effectively without causing any pain or discomfort to the animals involved.
- Growing awareness about laser technology: There has been a growing awareness about laser technology among veterinarians in recent years owing to its numerous benefits over traditional methods such as surgery or medication therapy alone .This is helping fuel demand for veterinary lasers across the globe .Veterinarians prefer using laser technology because it helps them achieve better results with fewer complications when compared with traditional methods .
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Lasers Market Research Report
By Type
Portable, Bench-Top, Compact
By Application
Veterinary Clinics, Veterinary Hospitals, Others
By Companies
VBS Direct Limited, SpectraVET Inc, Aspen Laser Systems, Aesculight, Cutting Edge Laser Technologies, Excel Lasers Limited, Biolase, K-Laser
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Lasers Market Report Segments:
The global Veterinary Lasers market is segmented on the basis of:
Types
Portable, Bench-Top, Compact
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 Clinics, Veterinary Hospitals, 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:
- VBS Direct Limited
- SpectraVET Inc
- Aspen Laser Systems
- Aesculight
- Cutting Edge Laser Technologies
- Excel Lasers Limited
- Biolase
- K-Laser
Highlights of The Veterinary Lasers 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:
- Portable
- Bench-Top
- Compact
- By Application:
- Veterinary Clinics
- Veterinary Hospitals
- 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 Lasers 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 lasers are a type of medical laser that is used to treat animals. They are similar to other types of medical lasers, but they have been specifically designed for use by veterinarians. Veterinary Lasers can be used to treat a variety of conditions in animals, including skin lesions, tumors, and injuries.
Some of the major companies in the veterinary lasers market are VBS Direct Limited, SpectraVET Inc, Aspen Laser Systems, Aesculight, Cutting Edge Laser Technologies, Excel Lasers Limited, Biolase, K-Laser.
The veterinary lasers market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Veterinary Lasers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Veterinary Lasers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Veterinary Lasers Market - Supply Chain
4.5. Global Veterinary Lasers Market Forecast
4.5.1. Veterinary Lasers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Veterinary Lasers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Veterinary Lasers Market Absolute $ Opportunity
5. Global Veterinary Lasers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Veterinary Lasers Market Size and Volume Forecast by Type
5.3.1. Portable
5.3.2. Bench-Top
5.3.3. Compact
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Veterinary Lasers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Veterinary Lasers Market Size and Volume Forecast by Application
6.3.1. Veterinary Clinics
6.3.2. Veterinary Hospitals
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Veterinary Lasers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Veterinary Lasers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Veterinary Lasers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Veterinary Lasers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Veterinary Lasers Demand Share Forecast, 2019-2026
9. North America Veterinary Lasers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Veterinary Lasers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Veterinary Lasers Market Size and Volume Forecast by Application
9.4.1. Veterinary Clinics
9.4.2. Veterinary Hospitals
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Veterinary Lasers Market Size and Volume Forecast by Type
9.7.1. Portable
9.7.2. Bench-Top
9.7.3. Compact
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Veterinary Lasers Demand Share Forecast, 2019-2026
10. Latin America Veterinary Lasers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Veterinary Lasers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Veterinary Lasers Market Size and Volume Forecast by Application
10.4.1. Veterinary Clinics
10.4.2. Veterinary Hospitals
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Veterinary Lasers Market Size and Volume Forecast by Type
10.7.1. Portable
10.7.2. Bench-Top
10.7.3. Compact
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Veterinary Lasers Demand Share Forecast, 2019-2026
11. Europe Veterinary Lasers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Veterinary Lasers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Veterinary Lasers Market Size and Volume Forecast by Application
11.4.1. Veterinary Clinics
11.4.2. Veterinary Hospitals
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Veterinary Lasers Market Size and Volume Forecast by Type
11.7.1. Portable
11.7.2. Bench-Top
11.7.3. Compact
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Veterinary Lasers Demand Share, 2019-2026
12. Asia Pacific Veterinary Lasers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Veterinary Lasers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Veterinary Lasers Market Size and Volume Forecast by Application
12.4.1. Veterinary Clinics
12.4.2. Veterinary Hospitals
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Veterinary Lasers Market Size and Volume Forecast by Type
12.7.1. Portable
12.7.2. Bench-Top
12.7.3. Compact
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Veterinary Lasers Demand Share, 2019-2026
13. Middle East & Africa Veterinary Lasers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Veterinary Lasers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Veterinary Lasers Market Size and Volume Forecast by Application
13.4.1. Veterinary Clinics
13.4.2. Veterinary Hospitals
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Veterinary Lasers Market Size and Volume Forecast by Type
13.7.1. Portable
13.7.2. Bench-Top
13.7.3. Compact
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Veterinary Lasers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Veterinary Lasers Market: Market Share Analysis
14.2. Veterinary Lasers Distributors and Customers
14.3. Veterinary Lasers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. VBS Direct Limited
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SpectraVET Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Aspen Laser Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Aesculight
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cutting Edge Laser Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Excel Lasers Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Biolase
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. K-Laser
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
