The North America Veterinary Infusion Pumps Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 779.3 hundred units, showcasing a growth of 5.3% (2019-2022).
Infusion pumps with wireless connectivity have gained prominence, allowing seamless communication between the pump and other devices or monitoring systems. This enhances the convenience of operation and contributes to the overall efficiency of veterinary care. The field of veterinary oncology is witnessing a paradigm shift with the advent of precision medicine. Infusion pumps, with their ability to deliver targeted and individualized doses of chemotherapeutic agents, are pivotal in advancing personalized treatment strategies for animals with cancer.
Additionally, ongoing research in drug delivery technologies has led to innovations in formulations and administration methods. Infusion pumps are adapting to these changes by accommodating novel drug formulations, enabling veterinarians to explore more effective and targeted treatment options. Integrating infusion pumps with remote monitoring and telemedicine platforms is emerging as a transformative trend. This allows veterinarians to monitor and adjust infusion parameters from a distance, facilitating timely interventions and improving patient outcomes.
Nanotechnology has begun to make inroads into veterinary medicine, and its application in infusion pump technology holds promise for the future. Nanoparticle-based drug formulations, when delivered through infusion pumps, can enhance the bioavailability and targeted delivery of medications, paving the way for more efficient and precise treatment modalities. Exploring wearable infusion technology for animals represents a frontier in veterinary medicine. Integrated with sensors and monitoring capabilities, wearable infusion devices could offer a non-invasive and continuous means of delivering medications. This innovation holds the potential to improve treatment adherence and patient outcomes.
As per the data released by the Government of Canada in 2023, the governments of Canada and Manitoba are investing $2 million through the new Sustainable Canadian Agricultural Partnership to enhance the capacity of rural veterinary services districts throughout Manitoba. Thus, growing pet numbers and rising veterinary healthcare sector in North America will boost the demand for veterinary infusion pumps in the coming years.
The US market dominated the North America Veterinary Infusion Pumps Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $90,374.7 Thousands by 2030. The Canada market is experiencing a CAGR of 8.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.6% during (2023 - 2030).
Free Valuable Insights: The Veterinary Infusion Pumps Market is Predict to reach $381.9 Million by 2030, at a CAGR of 6.9%
Based on Product Type, the market is segmented into Volumetric Infusion Pumps, and Syringe Infusion Pumps. Based on Application, the market is segmented into Fluid Therapy, Pain Management, Anesthesia, Nutrition, and Others. Based on Route of Administration, the market is segmented into Intravenous (IV), Epidural Infusion, Subcutaneous, and Others. Based on Animal Type, the market is segmented into Companion Animals, and Livestock Animals. Based on End-use, the market is segmented into Veterinary Hospitals & Clinics, Research & Academic Institutions, Home Care, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Product Type (Volume, Hundred Units, USD Million, 2019-2030)
By Application (Volume, Hundred Units, USD Million, 2019-2030)
By Route of Administration (Volume, Hundred Units, USD Million, 2019-2030)
By Animal Type (Volume, Hundred Units, USD Million, 2019-2030)
By End-use (Volume, Hundred Units, USD Million, 2019-2030)
By Country (Volume, Hundred Units, USD Million, 2019-2030)
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