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Pet Diabetes Care Devices Market 2020 growth factors, latest trend and regional analysis of leading players by 2025

Author : Ronak Bora | Published Date : 2020-09-08 

Pet Diabetes Care Devices Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Global pet diabetes care devices market has emerged as one of the most lucrative verticals in recent years. The market is anticipated to witness considerable growth over the forecast timeframe. Particularly, due to mounting expenditure on pet health, which would be a major factor driving the market trends through 2025.

Growing prevalence of diabetes in animals across the world is set to add up to the overall market expansion. Along with diabetes, obesity would also be a major factor fueling the industry share since the overall population of obese pets is witnessing an upsurge lately. Obesity is a prominent risk factor that promotes the development of diabetes in animals.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/4444

Besides rising disease prevalence, the growing adoption of pets across developed and developing nations is also likely to significantly propel the market outlook in the forecast timespan.

According to a research report by GMI, global pet diabetes care devices market is projected to exceed $2.8 billion by 2025.

Insulin delivery devices have seen robust technological growth in recent years. Taking Merck for instance, it has developed a unique veterinary insulin pen for diabetic dogs and cats dubbed CANINSULIN VetPen. The product’s ergonomic design allows practitioners and pet owners to easily handle insulin syringes while administering a dose to pets.

With increasing demand for such devices, GMI, predicts that the insulin delivery pen segment would witness steady growth of 8.8% by 2025. Large number of firms focusing on R&D activities to develop enhance treatment devices for diabetic pets may further encourage segmental growth in the years to come.

On the geographical front, UK pet diabetes care devices market is anticipated to witness considerable growth of 8.5% through the forthcoming timeframe. This growth is attributed to increasing prevalence of animal diabetes across the region.

In addition, growing awareness among the people regarding several treatments of diabetes for their pets would further boost the market growth in the UK. Growing initiatives from major market players to spread awareness regarding numerous diabetes tests would also add up to the industry growth.     

All in all, the above-mentioned determinants are likely to offer a varied array of opportunities for global pet diabetes care devices market players. The competitive landscape of pet diabetes care devices market is inclusive of players such as Boehringer Ingelheim Vetmedica Inc., Dickinson & Company, Becton, Merck, and Zoetis among others.  

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/pet-diabetes-care-devices-market

Partial Chapter of the Table of Content 

Chapter 4. Pet Diabetes Care Devices Market, By Device Type

4.1. Key segment trends

4.2. Glucose monitoring devices

4.2.1.  Market size, by region, 2014 – 2025 (USD Million)

4.3. Insulin delivery devices

4.3.1.  Market size, by region, 2014 – 2025 (USD Million)

4.3.2.  Insulin delivery pen

4.3.2.1.  Market size, by region, 2014 – 2025 (USD Million)

4.3.3.  Insulin syringes

4.3.3.1.  Market size, by region, 2014 – 2025 (USD Million)

Chapter 5. Pet Diabetes Care Devices Market, By Animal

5.1. Key segment trends

5.2. Cats

5.2.1.  Market size, by region, 2014 – 2025 (USD Million)

5.3. Dogs

5.3.1.  Market size, by region, 2014 – 2025 (USD Million)

5.4. Horses

5.4.1.  Market size, by region, 2014 – 2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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