Global Veterinary Lasers Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ % over the forecast period 2022-2028. Veterinary laser therapy is an innovative treatment that increases tissue repairment and reduces pain, inflammation, soreness, and injuries for clinical and medicinal applications.
The growing adoption of companion animals, rising expenditure on pet healthcare, coupled with the rising proliferation of laser systems by veterinary care providers are the chief factors impelling the market growth across the globe. For instance, as per the Insurance Information Institute, in the United States, the total spending on the pet industry was nearly recorded as USD 90.5 billion in 2018. Also, the amount progressively increases and reached around USD 123.6 billion in 2021.
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Thereby, the rising expenditure on pet healthcare is positively soaring the market demand, which is accelerating the global market growth. However, high costs associated with surgery and lasers and the unavailability of reimbursement policies impede the growth of the market over the forecast period of 2022-2028. Also, rising technological developments and the increasing number of strategic actions by the key market players are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Veterinary Lasers Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the availability of well-established healthcare facilities and presence of leading market players. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing pet expenditure, and growing availability of veterinary practitioners, would create lucrative growth prospects for the Veterinary Lasers Market across the Asia-Pacific region.
Major market players included in this report are:
Excel Lasers Limited
Cutting Edge Laser Technologies
BIOLASE, Inc.
Aesculight Llc
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LiteCure LLC
ERCHONIA CORPORATION
Laserex Technologies Pty Ltd
Respond Systems, Inc.
Technological Medical Advancements, Inc.
Pivotal Health Solutions
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Therapeutic Veterinary Lasers
Surgical Veterinary Lasers
Therapeutic And Surgical Veterinary Lasers
By Laser Type:
Class 2 Veterinary Lasers
Class 3 Veterinary Lasers
Class 4 Veterinary Lasers
By End-user:
Vet Hospitals
Vet Clinics
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Here is an overview of the different factual statements covered by the study:
- The learn about consists of an area that breaks down strategic traits for the primary gamers in present and upcoming R&D, new product launches, collaborations, regional expansion, and mergers & acquisitions.
- The lookup focuses on essential market traits such as revenue, product cost, potential and utilization rates, import/export rates, supply/demand figures, market share and CAGR.
- The learn about is a series of analyzed records and a variety of barrels of house bought via a mixture of analytical equipment and an inside look up process.
- The Market can be divided into 4 areas in accordance to the regional breakdown: North American Markets, European Markets, Asian Markets and Rest of the World.
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