Veterinary Surgical Instrument Market Size Worth $1.5 Billion By 2027

The global veterinary surgical instrument market size is expected to reach USD 1.5 billion by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 7.0% from 2020 to 2027. Growing demand for pet adoption is expected to drive the market over the forecast period. Increasing income in developing countries is another driving factor. For instance, according to a report by the American Veterinary Medical Association (AVMA) in 2017, around 46.0% of households had multiple types of pets in the U.S. Furthermore, key players are implementing newer strategies to sustain in this competitive market. For instance, in March 2019, Bruhat Bengaluru Mahanagara Palike (BBMP) in India planned to introduce a rescue ambulance to rescue injured animals for faster treatment. The ambulance will be equipped with all the necessary tools such as surgical instruments and sterilizers.

Moreover, technological advancements in surgical devices and the availability of a number of detection techniques are anticipated to create growth opportunities in the market. These include microfracture detection, laparoscopy, and 3D printing. For instance, in October 2017, Surgical Holdings launched two new product-chisels and osteotomes-to expand its product portfolio.

The global veterinary surgical instrument market is highly competitive in nature. It is dominated by participants such as B. Braun Vet Care GmbH, Medtronic, Jorgen Kruuse A/S, and SurgiVet. Market players focus on adopting strategies such as new product launches, partnerships, and collaborations. For instance, in July 2018, B. Braun Vet Care signed an agreement to deal with CP Medical wherein the company will distribute B. Braun’s veterinary Infusion Therapy product line in the U.S. and Canada.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/veterinary-surgical-instruments-market

Further key findings from the report suggest:

An increasing number of veterinary practitioners are anticipated to create growth opportunities in the market
Handheld devices accounted for the largest share in 2019, owing to their use for multiple purposes and ease of handling
The small animal segment is expected to exhibit lucrative growth over the forecast period owing to rising incidences of pet adoption and increased demand for efficient care
The dental surgery segment held the largest share in 2019 due to the increasing prevalence of periodontal diseases and rising demand for pet dental care
North America dominated the global market in 2019 due to favorable pet insurance policies and new product launches by companies. However, Asia Pacific is anticipated to exhibit the most lucrative growth rate over the forecast period owing to the rising demand for pet adoption and increasing disposable income, particularly in Japan and India
Some of the key companies in the market are Medtronic, DRE Veterinary, B. Braun Vet Care GmbH, and Jorgen Kruuse A/S.

Video Intercom Device Market Size Worth $41.07 Billion By 2025

The global video intercom devices market size is projected to reach USD 41.07 billion by 2025 registering a CAGR of 12.8% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Rise in the number of residential and commercial buildings is expected to propel the growth of the video intercom device market over the forecast period. The market is witnessing a significant growth owing to innovations in video streaming, and Session Initiation Protocol (SIP). Video intercoms use the internet for data transfer and are also equipped with cameras that offer high-quality imagery and night vision functionality. This has resulted in high demand for such devices in offices and residential apartments for security purposes.

These devices are suitable for managing the security of commercial buildings as they can be integrated with video surveillance systems, access control systems, and security & building management systems. They are widely deployed in automobiles, which is expected to generate significant demand over the forecast period. These systems feature emergency call queuing, paging, and audiovisual identification of visitors, among others. Moreover, they can remotely unlock doors with electric door strike to let visitors enter the house and can broadcast visitors’ information to multiple stations through a standard master station or mobile device application. Furthermore, the audiovisual communication feature allows a resident to recognize the visitor.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/video-intercom-devices-market

Further Key Findings from the Report Suggest:

The door entry systems segment is expected to account for the highest market share in 2025 expanding at the highest CAGR of 13.3% from 2019 to 2025
Door entry systems function as either audio or video systems. An audio door entry system allows a user to communicate with the callers and a video system displays an image of the visitor
Password access control offers various benefits, such as easy access, convenient access, and higher security, due to which the segment is anticipated to account for the maximum market share
The wireless segment is anticipated to register the highest CAGR of 13.5% from 2019 to 2025. Wireless systems use a Wi-Fi network to transmit the signals between other intercom security devices
Lower installation and maintenance costs of wireless video intercom systems are expected to fuel the segment growth over the forecast period
The IP-based technology segment is anticipated to expand at the highest CAGR of from 2019 to 2025 owing to enhanced video surveillance, communication, and entry control capabilities of these systems
North America is expected to be the largest regional video intercom device market over the forecast period due to increasing construction activities of smart homes in the region
Key companies are Aiphone Co., Ltd.; Alpha Communications; Comelit Group S.P.A.; Dahua Technology Co., Ltd.; Godrej.Com; Honeywell International, Inc.; Legrand; Panasonic Corp.; Samsung; and Siedle & Sohne OHG

Veterinary Surgical Instrument Market Size Worth $1.5 Billion By 2027

The global veterinary surgical instrument market size is expected to reach USD 1.5 billion by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 7.0% from 2020 to 2027. Growing demand for pet adoption is expected to drive the market over the forecast period. Increasing income in developing countries is another driving factor. For instance, according to a report by the American Veterinary Medical Association (AVMA) in 2017, around 46.0% households had multiple types of pets in U.S. Furthermore, key players are implementing newer strategies to sustain in this competitive market. For instance, in March 2019, Bruhat Bengaluru Mahanagara Palike (BBMP) in India planned to introduce a rescue ambulance to rescue injured animals for faster treatment. The ambulance will be equipped with all the necessary tools such as surgical instruments and sterilizers.

Moreover, technological advancements in surgical devices and availability of a number of detection techniques are anticipated to create growth opportunities in the market. These include micro fracture detection, laparoscopy, and 3D printing. For instance, in October 2017, Surgical Holdings launched two new products-chisels and osteotomes-to expand its product portfolio.

The global veterinary surgical instrument market is highly competitive in nature. It is dominated by participants such as B. Braun Vet Care GmbH, Medtronic, Jorgen Kruuse A/S , and SurgiVet. Market players focus on adopting strategies such as new product launches, partnerships, and collaborations. For instance, in July 2018, B. Braun Vet Care signed an agreement deal with CP Medical wherein the company will distribute B. Braun’s veterinary Infusion Therapy product line in U.S. and Canada.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/veterinary-surgical-instruments-market

Further key findings from the report suggest:

Increasing number of veterinary practitioners are anticipated to create growth opportunities in the market
Handheld devices accounted for the largest share in 2019, owing to their use for multiple purposes and ease of handling
The small animal segment is expected to exhibit lucrative growth over the forecast period owing to rising incidences of pet adoption and increased demand for efficient care
The dental surgery segment held the largest share in 2019 due to increasing prevalence of periodontal diseases and rising demand for pet dental care
North America dominated the global market in 2019 due to favorable pet insurance policies and new product launches by companies. However, Asia Pacific is anticipated to exhibit the most lucrative growth rate over the forecast period owing to the rising demand for pet adoption and increasing disposable income, particularly in Japan and India
Some of the key companies in the market are Medtronic, DRE Veterinary, B. Braun Vet Care GmbH, and Jorgen Kruuse A/S.