The Business Research Company’s Animal Workstations Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Animal Workstations Global Market Report 2023 evaluates animal workstations market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global animal workstations market is poised for substantial growth, projected to surge from $2.80 billion in 2022 to an estimated $2.80 billion in 2023, exhibiting a robust compound annual growth rate (CAGR) of 9.1%. Nevertheless, the dark cloud of the Russia-Ukraine war casts a shadow on the global economic recovery, especially in the short term. The conflict has triggered a chain reaction of consequences, including economic sanctions imposed on numerous nations, a sharp escalation in commodity prices, and extensive disruptions in global supply chains. The repercussions of this turmoil have rippled through various sectors, giving rise to inflationary pressures on both goods and services, thereby influencing multiple global markets. As we look ahead, the market size for global animal workstations is projected to reach an impressive $3.83 billion by 2027, underpinned by a commendable CAGR of 8.2%.
One significant driver of this growth trajectory is the escalating embrace of companion animals. Companion animals, distinguished by their capacity to satisfy physical, emotional, behavioral, and social needs within households, are increasingly becoming integral members of our daily lives. The modern animal workstation, featuring state-of-the-art digital veterinary X-ray systems and a compact footprint, operates efficiently with standard domestic power sources. These workstations are equipped with high-end diagnostic equipment that not only promotes animal welfare but also contributes to overall health assessments.
This profound shift towards companion animal ownership is underscored by compelling statistics. A report by the American Veterinary Medical Association (AVMA), a renowned non-profit organization dedicated to veterinary health in the United States, underscores this trend. According to their findings, approximately 45% of households owned dogs, while 56% of households welcomed cats into their homes in 2020. This surge in companion animal adoption is not merely a reflection of changing societal preferences; it is a potent driver propelling the growth of the animal workstation market. The demand for advanced healthcare facilities and diagnostic capabilities to ensure the well-being of these cherished pets is fostering a promising future for the industry.
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The animal workstations market segments in the report are:
1) By quipment: Dual Access Workstation, Bedding Disposal Workstation, Single-Sided Workstation, Universal Animal Containment Workstation
2) By Animal: Small Animals, Large Animals
3) By Technology: Vented Workstations, Anesthetic Workstations, Microscope Workstations, Other Technologies
4) By End User: Veterinary Hospitals and Clinics, Research Laboratories, Other End Users
The table of contents in TBRC’s animal workstations market report includes:
1. Executive Summary
2. Animal Workstations Market Characteristics
3. Animal Workstations Market Trends And Strategies
4. Animal Workstations Market – Macro Economic Scenario
5. Animal Workstations Market Size And Growth
…
27. Animal Workstations Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Animal Workstations Market
29. Animal Workstations Market Future Outlook and Potential Analysis
30. Appendix
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