What is Animal Inhalation Chamber - Global Market?
The global market for animal inhalation chambers, a niche yet significant segment within veterinary equipment, was valued at approximately US$ 336 million in 2023. This market is on a trajectory to reach around US$ 472.8 million by the year 2030, growing at a compound annual growth rate (CAGR) of 5.0% during the forecast period from 2024 to 2030. This growth is reflective of the increasing emphasis on pet healthcare, which has become the second-largest expenditure segment within the broader pet industry. In the United Kingdom, for instance, annual spending on veterinary services and other pet-related services surged from £2.6 billion in 2015 to £4 billion in 2021, marking a 54% increase in just six years. This trend is not isolated to the UK; globally, the animal health industry, as reported by Vetnosis, saw a 12% increase in value, reaching $38.3 billion in 2021. Furthermore, the 2022 China Pet Medical Industry White Paper highlights the substantial size of China's pet medical market, which is estimated at about 67.5 billion, accounting for roughly 22.5% of the entire pet industry. This data underscores the growing global demand for pet medical services, including the use of animal inhalation chambers, which play a crucial role in administering aerosolized medications to animals, thereby supporting the expansion of the market.
With Mask, Without Mask in the Animal Inhalation Chamber - Global Market:
--- English: #AnimalInhalationChamber #GlobalMarket #PetHealthcare #VeterinaryEquipment #CAGR #UKPetSpending #GlobalAnimalHealth #ChinaPetMedical #VeterinaryServices #PetIndustryGrowth
Clinical Research, Others in the Animal Inhalation Chamber - Global Market:
Japanese: #動物吸入チャンバー #グローバルマーケット #ペットヘルスケア #獣医器具 #CAGR #英国ペット支出 #グローバル動物健康 #中国ペット医療 #獣医サービス #ペット産業成長
Animal Inhalation Chamber - Global Market Outlook:
Korean: #동물흡입챔버 #글로벌시장 #펫헬스케어 #수의학장비 #CAGR #영국펫지출 #글로벌동물건강 #중국펫의료 #수의서비스 #펫산업성장
Report Metric | Details |
Report Name | Animal Inhalation Chamber - Market |
Forecasted market size in 2030 | US$ 472.8 million |
CAGR | 5.0% |
Forecasted years | 2024 - 2030 |
Segment by Type: |
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Segment by Application |
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By Region |
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By Company | Shanghai TOW Intelligent Technology, SCIREQ Scientific Respiratory Equipment Inc., DSI, TSE Systems, LAB PRODUCTS, Advanced Anesthesia Specialists, Lab Products, llc. |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |