Global Animal Infusion Pump Market Size, Share, Opportunities, And Trends By Product Type (Large Volume Infusion Pumps, Syringe Infusion Pumps), By Application (Veterinary Hospitals And Clinics, Homecare), By End-User Industry (Veterinary Hospitals And Clinics, Homecare Settings), And By Geography - Forecasts From 2024 To 2029

The animal infusion pump market is anticipated to expand at a high CAGR over the forecast period.

Veterinary medicine is a type of medicinal practice that involves the prevention, treatment, and management of diseases and injuries that occur to animals and helps in the prevention of transmission of zoonoses from wild animals to people. The doctors who practice veterinary medicine are known as Veterinarians, and they help improve the health of animals and cure diseases among animals, which include pets and wild animals. They also ensure a safe supply of food for people by monitoring and maintaining the health of food-producing animals.

Introduction:

Animal infusion pumps, also known as veterinary infusion pumps, are system devices that help in the administration of drugs through several methods, which include bolus, drip, and volume. Infusion pumps are commonly used for the intravenous infusion of drugs but are also used for epidurals, subcutaneous, enteral, and other accesses. Infusion pumps are mostly used for the administration of drugs such as antibiotics and pain medication but are also used for delivering liquid feeding solutions into the stomach or intestine and blood transfusions as well. The animal infusion pumps market is expected to witness significant growth during the forecasted period of 2024-2029, due to factors such as the increase in pet ownership and the increase in the veterinary care sector.

Market Drivers:

• Increasing pet ownership: One of the major factors that lead to the increase in the animal infusion pump market growth during the forecasted period is the increase in pet ownership, which leads to an increase in the need for veterinary care services and products, As per the  Global State of Pet Care report published by Health for Animals, the total global population of pets is estimated to reach 1 billion in number, with countries such as the US, China, Brazil and the EU region accounting for pet ownership of over half a billion dogs and cats. It was also found that almost half of the global human population is expected to own a pet in their households. Also, as per the World Animal Foundation, the popular types of pets include, dogs, cats, freshwater fish, and birds., The increase in the adoption of pets will drive the need for emergency medical care for pets, which includes veterinary products such as animal infusion pumps, and many others. The increase in the population of pets leads to the veterinary care sector growth, which will provide the necessary fuel for the animal infusion pump market growth.

Key Players:

• Grady Medicals: A veterinary company that has been known for the production of high-quality veterinary equipment and veterinary supplies since 1987. They provide a wide range of products and services, which include infusion pumps, ECG monitoring, veterinary ultrasound, and cold laser therapy for veterinary practices of all kinds.
• Burtons Medical Equipment Ltd.: A UK-based company that is known for the distribution, manufacturing and service provider of several medical and veterinary equipment. They offer a wide range of products, which include the Instaclave: sterilizer range, Instawash: washer disinfectors, and Reverse osmosis systems.

Regional Analysis:

The North American region is expected to witness significant growth in the animal infusion pump market during the forecasted period of 2024-2029, due to factors such as the increase in pet ownership in the region. As per the World Animal Foundation, 86.9 million US households are said to own a pet, which accounts for 66% of total households in the US during 2023-2024. This percentage is an increase from 62% in 2022 and 56% in 1998. Among the 66%, dogs and cats are the famous types of pets owned, accounting for 65.1 million and 46.5 million US families owning at least one dog and cat respectively (as of 2023-24). It was also found that 44.5% of households were dog owners, 29% were cat owners, 3.5 million Americans own a horse as a pet, and 2.9 million own saltwater fish as a pet (as of 2021-22). Due to the increasing pet ownership in the United States, the US pet owners' spending on pet services also displayed an increase, which accounts for US$11.4 billion in 2022. As per the Insurance Information Institute, the US Pet industry expenditure accounts for US$123.6 billion in 2021, which is an increase from US$97.1 billion in 2019. The expenditure includes products and services such as food, supplies, over-the-counter medicine, veterinary care, live animal purchases, grooming, and boarding. The increase in expenditure for veterinary care and the increase in ownership of pets will drive the demand for animal infusion pumps due to the dependency on infusion pumps for drug administration in veterinary clinics and healthcare facilities, which will boost the animal infusion pump market growth during the forecasted period of 2024-2029.

Market Developments:

• May 2022: Hawkmed announced the release of their TOUCH-SCREEN veterinary infusion pump product dubbed HK-T100VET, which was an upgrade of Hawkmed’s best-selling veterinary pump HK-100VET. This product allows configuration and versatility as per the user’s demand through the integration of various infusion models that are accessible through this product. The product consists of several features, which include a 3.5-inch touch screen that provides labour-saving and efficient operations, small and compact, long duration, highly advanced ingress protection (IP44) from tiny particles and water, and a wide flow range from 0.10 ml/h to 2001.00 ml/h in 0.01 ml/h increments. These features allow for safer infusion due to the visual and audible alarms, the double CPU system that ensures smooth operation of the device, and the automatic anti-flow system that guarantees safe infusion. The device contains more than 50,000 history records that can provide a powerful database for clinical analysis. It also consists of wireless technology that allows for connection to infusion system HK-M1000 that has complete interoperability features that enable integration with hospital HIS and CIS.

Segmentation:

• By Product Type:
  • Large Volume Infusion Pumps
  • Syringe Infusion Pumps
• By Application:
  • Veterinary Hospitals and Clinics
  • Homecare
• By End-User Industry:
  • Veterinary Hospitals and Clinics
  • Homecare Settings
• By Geography:
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others