#Pet Insurance market in Key Countries

[prajwal-agale001]

Pet Oral Care Market Projected for Significant Growth Driven by Innovation and Rising Pet Ownership

According to the latest report from Meticulous Research®, the global pet oral care market is projected to achieve a value of $3 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.1% over the forecast period. This growth is primarily fueled by increasing pet ownership, rising pet-related expenditures, the expanding pet insurance market, and a heightened prevalence of dental issues among pets.

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Market Overview and Segmentation

The pet oral care market is segmented by product type, animal type, sales channel, and geography.

Product Segmentation: The market includes toothpaste, toothbrushes, mouthwash, dental chews, additives, and other oral care products. The dental chews segment is anticipated to experience the highest growth rate during the forecast period, driven by ongoing innovations in ingredient formulations and the launch of new products. For example, in January 2024, Clear Conscience Pet (U.S.) introduced a new chew that incorporates the plaque-preventive benefits of kelp. Additionally, the convenience of dental chews compared to traditional brushing methods is contributing to their increasing adoption.

Animal Type Segmentation: By 2024, the dog segment is expected to hold the largest share of the pet oral care market. This dominance is attributed to the widespread adoption of dogs as pets globally and growing awareness of pet oral health, particularly in developed regions.

Sales Channel Segmentation: The market is divided into online and offline channels. The online segment is projected to see the highest growth rate, driven by increasing awareness about pet health in developing countries, higher pet health expenditures, and the convenience of purchasing oral care products through online platforms.

Geographic Insights

The report provides a detailed analysis of major geographic regions:

North America: Expected to dominate the pet oral care market in 2024, with the U.S. leading the region. Factors contributing to North America's market share include high pet health expenditures, substantial disposable incomes, a large pet population, and strong awareness of companion animal health.

Europe: Following North America, Europe is projected to hold a significant share, driven by increasing pet care awareness and spending across key countries such as Germany, France, the U.K., Italy, and Spain.

Asia-Pacific: This region is expected to show robust growth, fueled by rising pet adoption rates, increasing disposable incomes, and growing investment in pet health.

Key Industry Players

The pet oral care market is moderately competitive, with several prominent players including:

Boehringer Ingelheim International GmbH (Germany)

VETOQUINOL S.A. (France)

AllAccem, Inc. (U.S.)

Petzlife UK (U.K.)

Dechra Pharmaceuticals PLC (U.K.)

imRex Inc. (Canada)

Nestlé S.A. (Switzerland)

Mars, Incorporated (U.S.)

Ceva Animal Health, LLC (U.S.)

Virbac S.A. (France)

Hill's Pet Nutrition, Inc. (U.S.)

Conclusion

The pet oral care market is poised for significant expansion, driven by increased pet ownership, higher expenditures on pet health, and innovations in oral care products. While North America remains the largest market, strong growth is anticipated in Asia-Pacific and Europe. The continued focus on improving pet health and convenience is expected to drive the market forward, presenting ample opportunities for industry players and stakeholders.

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[creativeera]

The Middle East and Africa Animal Healthcare Market is Poised for Exponential Growth driven by Rising Pet Ownership

The Middle East and Africa animal healthcare market comprises products such as vaccines, pharmaceuticals, and feed additives used for disease prevention and treatment in livestock animals. The demand for animal healthcare products is increasing due to rising awareness about zoonotic diseases and quality animal proteins. Advances in veterinary medicine and growth of the companion animal market have also fueled the demand for veterinary services and healthcare products in the region.

The Global Middle East and Africa Animal Healthcare Market is estimated to be valued at US$ 5478.77 Bn in 2024 and is expected to exhibit a CAGR of 14% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the Middle East and Africa animal healthcare market are Siegfried, Sanofi, Johnson Matthey, Mallinckrodt, Noramco, Unichem Laboratories, Arevipharma GmbH, Resonance-labs, Sun Pharmaceutical Industries Ltd., Rusan Pharma, Micro Orgo Chem, and Faran Shimi Pharmaceutical Co. These companies are actively focusing on product innovations and expansion strategies to consolidate their market presence. The Middle East And Africa Animal Healthcare Market Demand for animal healthcare products is driven by rising pet ownership and growing consumption of animal-derived food products in the region. Various public and private organizations are undertaking initiatives to promote responsible pet ownership and prevent the spread of zoonotic diseases. Major animal healthcare companies are augmenting their production capacities and distribution networks across Middle Eastern and African countries. Strategic partnerships with local players help global companies to strengthen their supply chain and improve access to remote and rural areas. Collaboration with veterinary bodies and livestock industry associations also help gain consumer trust and market penetration. Market Key Trends The Middle East And Africa Animal Healthcare Market Size and Trends of pet humanization is contributing to the growth of the companion animal healthcare market in the region.Pet owners are increasingly spending more on nutritious pet food, grooming products, accessories, insurance, and advanced medical care. Growing pet obesity and lifestyle diseases have also increased the demand for therapeutic diet food and nutraceuticals for companion animals. E-commerce platforms are further facilitating the accessibility of diverse pet care products in the region.

Porter’s Analysis Threat of new entrants: High capital requirements and ongoing R&D investments of new drugs pose substantial barriers to entry. Bargaining power of buyers: Buyers have moderate bargaining power as there are many established brands to choose from. Bargaining power of suppliers: Suppliers of raw materials and components have moderate bargaining power due to differentiated inputs required. Threat of new substitutes: Threat of new substitutes is moderate as alternative treatment options are available in case of non-performance or high prices. Competitive rivalry: Intense competition exists among existing players to gain market share through product differentiation, marketing activities and competitive pricing. Geographical Regions The Middle East and Africa animal healthcare market in terms of value is currently concentrated in countries like Saudi Arabia, South Africa, and Egypt. Rapid urbanization and rising pet ownership are driving the demand for animal healthcare products in these countries. South Africa accounts for over 25% of the total market value in the region currently due to strong beef and dairy industries. The fastest growing geographical region for the Middle East and Africa animal healthcare market is expected to be West Africa over the forecast period 2024 to 2031. Countries like Nigeria, Ghana, and Ivory Coast are projected to witness double-digit growth rates during this period led by rising livestock production, increasing awareness about animal diseases, and growing veterinary healthcare infrastructure in the region. Economic development and changing diets are supporting the expansion of the livestock sector which is supporting the animal healthcare market growth.

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Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.

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[poonamcmi]

Neurodiagnostics Market Estimated to Witness High Growth Owing to Growing Geriatric Population

​The neurodiagnostics market plays a crucial role in neurological disease diagnosis and treatment monitoring. Neurological disorders such as epilepsy, Alzheimer's disease, Multiple Sclerosis, Parkinson's disease, and other neurological conditions are becoming increasingly prevalent. Neurodiagnostics help detect neurological abnormalities through neurological imaging such as MRI, EEG, and diagnostic tests. The growing geriatric population is more susceptible to neurodegenerative diseases, driving the need for neurodiagnostics.

The Global Neurodiagnostics Market is estimated to be valued at US$ 8.66 Bn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024 To 2031.

Key Takeaways Key players operating in the neurodiagnostics are Koninklijke Philips N.V, Siemens Healthcare GmbH, F. Hoffmann-La Roche Ltd, FUJIFILM Holdings Corporation, Bio-Rad Laboratories Inc., Advanced Brain Monitoring, Inc., Nihon Kohden Corporation, Mitsar Co. LTD., EMS Biomedical, Mennen Medical, Natus Medical Incorporated, Medicaid Systems, Fujirebio, FONAR Corp, ANT Neuro, NEUROLITE AG, and Atlantic Health System.

The Neurodiagnostics Market Trends  include increasing investments in R&D for biomarker-based disease diagnosis and neuroimaging. The global expansion of key players through mergers and acquisitions will further aid market growth.

The growing geriatric population is more susceptible to neurodegenerative diseases, driving the need for neurodiagnostics. Furthermore, increasing investments in R&D by key players for developing advanced diagnostic systems will boost the neurodiagnostics market over the forecast period.

Market drivers The growing geriatric population is the major driver propelling the Neurodiagnostics Market Size And Trends As per the United Nations, people aged over 60 years are projected to outnumber children under 10 years by 2050. Elderly people are more vulnerable to neurological disorders like Alzheimer's and Parkinson's disease. This will augment the demand for neurodiagnostics for early disease diagnosis and treatment monitoring. Increasing awareness about brain health and availability of reimbursement policies for neurodiagnostic tests will also boost market revenues significantly over the forecast period.

PEST Analysis Political: Regulations related to medical devices and neurological disorder treatments have an impact. Reimbursement policies by governments and insurance agencies also affect market growth. Economic: The growing insurance coverage levels and disposable incomes have boosted healthcare spending including on neurodiagnostics. Higher investments in clinical trials and R&D remain crucial. Social: Rising prevalence of neurological disorders like Alzheimers, Parkinsons, epilepsy, and stroke is a key driver. Growing awareness encourages early diagnosis through imaging techniques. Technological: Advancements in imaging modalities like MRI, CT, PET, EEG, and newer technologies like digital EEG and MEG expands diagnosis capabilities. Portable and wearable devices improve accessibility.

Geographical Regions with High Market Concentration North America accounts for the largest share in the neurodiagnostics market in terms of value, owing to the presence of major players, high healthcare expenditure, and rising neurological disorders. The United States holds a significant share in the regional market.

Fastest Growing Regional Market The Asia Pacific region is expected to witness the highest growth in the neurodiagnostics market during the forecast period. This is attributed to factors such as growing healthcare expenditure, increasing healthcare infrastructure development, and rising geriatric population in the region suffering from neurological conditions. Rapidly developing countries like China and India with huge patient pools offer high growth potential. Get More Insights On, Neurodiagnostics Market About Author: Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)

[auclogistics]

The Complete Guide to International Moving Services

It is always a high-stakes challenge when one makes a move to a foreign country, with details piling one after the other as well as decisions holding such great weight. And when the move is being made half a world away, the task becomes even more daunting. But a very feasible process when given proper support and the right logistics partner. AUC Logistics and Movers is here, no matter which geography you move to.

It's a new ballpark to buy around in a new location in Oman. From customs regulations to cultural variance, understanding the whole process can prove overwhelming. That's where AUC Logistics and Movers comes in. We have a good handle on the Omani market and have successfully moved countless families and businesses to their new location, so we have streamlined the process for you.

It is important to choose the correct international moving company. Here is what you need to bear in mind:

Experience and Reputation: Find a company that has a good record of accomplishment in international moves.

Licensing and Insurance: Ensure the company has the required licensing and insurance to care for your goods.

Line of Services: Get a hold of a company that can be able to provide you a wide range of services that suit any moving requirement that you have.

Customer Reviews: Read through reviews and testimonials to get an idea of the customer satisfaction rate.

With AUC Logistics and Movers, we are excellent in all these services to allow you peace of mind through your relocation.

The Services Offered at AUC Logistics and Movers

Here at AUC Logistics and Movers, we offer several services to meet your needs when it comes to relocating:

Packing and Unpacking: With our professional packing staff using superior materials, you know that all your possessions are kept safe for transport in any way.

Crating and Shipping: Sensitive and high-value crating, ensuring safe delivery

Customs Clearance: Our experienced team deals with clearing the goods through customs in the most efficient manner, handling absolutely all the required formalities.

Storage Solutions: Secure short- and long-term storage solutions

Vehicle Shipping: We will ensure smooth and guaranteed delivery of your vehicle

Pet Relocation: We understand the importance of your furry family members, and we ensure specialized pet relocation.

International Moving—a Comprehensive Guide Step by Step

To assist you in your departure from abroad, here is a step-by-step accoutrement:

Pre-Move Consultation: Contact AUC Logistics and Movers to discuss relocation. You will get free quotations.

Planning and Preparation: The team shall assist in developing a moving timeline, and the group shall prepare an inventory of your belongings.

Packing and Loading: Proper spacing and proper materials on which an item could be packed are essential; appropriate materials for different types of goods. Our expert packers will do the job well:.

Transportation: We move your property to Oman by the most convenient means of transport.

Customs Clearance: Our team will ensure that your goods are cleared through customs with ease.

Delivery and Unpacking: Your goods will be delivered to the new residence, whereas our team can help you to unpack the goods, on request.

Key to a Successful International Move

Plan early: Plan for your move as early as possible to avoid unnecessary anxiety.

Declutter: This is the time to declutter your things, to minimize the need to haul a lot of stuff.

Develop an Essential Box: Package vital items to be used when first getting there on the initial day.

Listing of Irreplaceable Items: A snapshot and inventory listing of irreplaceable items for insurance.

Do Not Lose Anything: All papers about moving must be in one place not to get lost.

Benefits of AUC Logistics and Movers

With AUC Logistics and Movers, however, you choose a partner committed to making your international move go as smoothly and stress-free as this crazy process can be. Our seasoned and practiced experts are marinated with the motto to serve the best way possible which gives drive to the utmost satisfaction.

[secretofresearch]

Veterinary Services Market is Estimated to Witness High Growth

The veterinary services market involves a wide range of important medical services for animals including preventive care, medication, surgeries and other treatment procedures. Regular veterinary exams help monitor animal health and detect problems early. Veterinary professionals also play a key role in disease prevention through vaccination programs. Emerging technologies are revolutionizing veterinary treatment with treatments such as regenerative medicine gaining popularity.

The global veterinary services market is estimated to be valued at US$ 130.16 billion in 2024 and is expected to exhibit a CAGR of 5.0% over the forecast period from 2024 to 2031.

Key Takeaways

Key players operating in the veterinary services are Fagron Sterile Services US, New Drug Loft & VLS Pharmacy, Nora Apothecary, Lifecare Pharmacy, Avella Specialty Pharmacy, Triangle Compounding Pharmacy, O€TMBrien Pharmacy, Tache Pharmacy, Northmark Pharmacy, Edge Pharma, and ImprimisRx. The veterinary services market presents significant opportunities owing to rising pet ownership globally and increasing per capita spending on pet care. Technological advancements are also supporting market growth with emerging therapies such as regenerative medicine gaining popularity for conditions which were earlier untreatable.

The key opportunities in the Veterinary Services Market Demand include rising penetration in developing countries with growing pet adoption, opportunities for multi-specialty services with urbanization and nuclear families, and scope for preventive healthcare programs. Technological innovation is a key enabler in the market with emerging technologies such as regenerative medicines, biologics and stem cell treatment impacting disease management.

Market drivers

One of the key drivers for the veterinary services market is growing pet population globally coupled with rising pet care expenditure. Pet humanization trends have significantly increased spending on pet food, healthcare, insurance and accessories. According to the latest APPA National Pet Owners Survey, U.S. pet industry expenditure reached a record $103.6 billion in 2019, with over $31 billion spent on veterinary care. Growing pet ownership and increasing willingness to spend on pet healthcare is a major market driver.

Current challenges in the Veterinary Services Market:

The veterinary services market is facing several challenges currently. One of the major challenges is the shortage of veterinarians globally. There is currently an unmet demand for veterinary care due to lack of sufficient veterinary professionals. This leads to delay in delivery of care. Another challenge is rising veterinary care costs. The costs associated with veterinary medicine and surgeries have increased significantly over the years. This pressure on budgets restricts access to quality care for many pet owners. Lack of awareness among pet owners regarding veterinary preventive healthcare is also a challenge. Many pet owners only seek treatment when their pet falls sick rather than focusing on preventive healthcare checkups. This affects timely diagnosis and treatment.

SWOT Analysis

Strength: Strong bond between veterinarians and pet owners leads to loyalty; Growing pet humanization trend boosts demand.

Weakness: Shortage of vets causes delay in care; Higher costs restrict broader access to care.

Opportunity: Rising pet adoption during COVID drives future growth; Scope for preventive healthcare awareness programs.

Threats: Threat from illegal or unqualified Veterinary Services Market Analysis offering low-cost services; Risk of new pet diseases and virus outbreaks.

Geographical Regions

North America dominated the veterinary services market in terms of value in the historical period due to high pet ownership and growing expenditure on pet care in countries like the US and Canada. Asia Pacific is expected to be the fastest growing region during the forecast period driven by factors like rising affluence, nuclearization of families and increasing awareness about animal health in major countries.

The United States represents the most concentrated geographical region for the veterinary services market currently. Within the country, states like California, Texas and New York have emerged as major hubs for both veterinary practices and companion animal care expenditures. Other developed countries within North America and Western Europe also exhibit high demand density due to high pet ownership.

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Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.

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[healthcaremarketanalysis]

A Deep Dive into the Veterinary Equipment and Supplies Market: Emerging Trends and Innovations

Veterinary Equipment and Supplies Market in terms of revenue was estimated to be worth $2.2 billion in 2023 and is poised to reach $3.2 billion by 2028, growing at a CAGR of 7.1% from 2023 to 2028 according to a new report by MarketsandMarkets.

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Basic equipment in technology segment accounted for the largest share of the global veterinary equipment and supplies market

Basic technology in veterinary equipment usually includes basic anesthesia machines, Oxygen tank, Vaporizer, basic patient monitoring and temperature monitoring equipment. Basic technology is typically inexpensive, making it accessible to veterinary clinics and shelters of all sizes. It is essential for performing routine tasks such as physical examinations, vaccinations, and wound care. Basic technology is expected to continue to play a significant role in this market by providing safe and effective care to animals with affordable cost.

Ventilators segment to register highest CAGR in Global veterinary anesthesia equipment industry

Ventilators used in veterinary anaesthesia are becoming increasingly advanced, with innovative features constantly introduced. As an example, certain veterinary anaesthesia ventilators are now equipped with integrated patient monitoring systems that allow individuals to monitor the animal's vital signs and change the ventilator's settings as necessary. Also, such ventilators are used to control the respiration of animals during surgery and other medical procedures. They are essential for keeping animals safe and comfortable during anesthesia.

Large-volume infusion pumps segment accounted for the fluid management equipment industry

The Large-Volume Infusion Pumps accounted for the largest share of the global veterinary equipment and supplies market. Large volume infusion pumps are used to deliver large volumes of fluids to animals, during surgery and blood transfusions. These are necessary to give animals a life-saving medical treatment. They are also used to enhance the standard of living for animals suffering from chronic medical conditions. Continuous developments in infusion technology have resulted in the availability of a wide range of large-volume pumps in the market.

Asia Pacific is expected to grow at a significant CAGR during the forecast period

In the coming years, there is a large forecast of growth for the veterinary equipment business in the Asia Pacific region. Increased pet ownership rates, a rise in the need for advanced veterinary care, the growing number of livestock animals, and developments in technology are some of the drivers that will push the market in this region. many veterinary equipment companies on this region are investing in research and development to develop innovative veterinary equipment. Also, there is an increase in the demand of advanced veterinary care for the pets as pet owners become more aware of the importance of animal health and welfare in Asia Pacific region.

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Veterinary Equipment and Supplies IndustryDynamics:

Drivers:

Surge in demand pet insurance and rise in animal health expenditure

Restraints:

Rising pet care costs will negatively impact the veterinary equipment business

Opportunities:

Emerging market with untapped opportunities

Challenge:

Shortage of veterinary practitioners in developing countries

Key Market Players of Veterinary Equipment and Supplies Industry:

The prominent players in the veterinary equipment and supplies market are Covetrus Inc. (US), B. Braun Vet Care GmbH (Germany), BD Animal Health (US), ICU Medical, Inc. (US), Midmark Corporation (US), Cardinal Health (US), Neogen Corporation (US), Shenzhen Mindray animal medical technology co., ltd. (China), Masimo Corporation (US), Vetronic Services Ltd (UK), Advances Veterinary (UK), New Gen Medical Systems (India), Dispomed (Canada)

Following is a list of the major players (supply-side) in the Veterinary equipment and supplies Market that this study refers to:

By Company Type: Tier 1- 34%, Tier 2- 46%, and Tier 3- 20%

By Designation: C-level- 35%, Director Level—25%, and Others- 40%

By Region: North America-30%, Europe-45%, Asia Pacific-20%, Latin America- 3%, and Middle East and Africa-2%

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Recent Developments:

In Aug 2023, ICU Medical received 510(k) regulatory clearance from the U.S. Food and Drug Administration (FDA) for the Plum Duo infusion pump with LifeShield infusion safety software. The Plum Duo pump and LifeShield software will be available to customers in the U.S. in early 2024.

In October 2022, Clayton, Dubilier & Rice (CD&R) and TPG Capital completed acquisition of Covetrus Inc. Covetrus became a private corporation as a result of this transaction, and its shares are no longer listed or traded publicly.

In January 2022, Smiths Medical (US) was acquired by ICU Medical Inc., who declared its completion. Syringe and ambulatory infusion devices, vascular access, and vital medical supplies are all part of Smiths Medical's veterinary product portfolio, which has strengthened ICU Medical's product line.

In December 2021, Covetrus Inc. (US) has successfully acquired the technological platform and infrastructure of VCP. With the help of this purchase, Covetrus will have new opportunities to give veterinarians the resources they need to improve healthcare and build closer relationships with their pet parent clients.

Veterinary Equipment and Supplies Industry- Key Benefits of Buying the Report:

The report will help the market leaders or new entrants in this market with information on the closest approximations of the revenue numbers for the overall veterinary equipment and supplies market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of key drivers (Growth in the companion animal population, Growing demand for pet insurance and rising animal health expenditure, Growing number of veterinary practitioners), restraints (Rising pet care costs) opportunities (Untapped emerging economies), and challenges (Lack of animal healthcare awareness in emerging countries, Shortage of veterinary practitioners in developing countries) influencing the growth of the Veterinary equipment and supplies market.

Product Development/innovation: Comprehensive details on new technologies, R&D initiatives, and product and service launches for Veterinary equipment and supplies market.

Market Development: Comprehensive data on attractive markets, and the research analyzes the global Veterinary equipment and supplies market.

Market Diversification: Detailed information on emerging products and services, unexplored regions, current trends, and investments in the Veterinary equipment and supplies market.

Competitive Assessment: Comprehensive analysis of market shares, growth plans, and service offerings of major companies operating in the Veterinary equipment and supplies market like Covetrus Inc. (US), B. Braun Vet Care GmbH (Germany), BD Animal Health (US), ICU Medical, Inc. (US), Midmark Corporation (US), Cardinal Health (US), Neogen Corporation (US), Integra LifeSciences (US), Shenzhen Mindray animal medical technology co., ltd. (China), Masimo Corporation (US), Avante Animal Health (US), RWD life science co., ltd (China),  Eickemeyer (Germany), Bionet America, Inc (South Korea), Jorgensen Laboratories (US), Nonin Medical (US), Digicare Animal Health (US), Hallowell Engineering And Manufacturing Corporation (US), Grady Medical (US), Mila International Inc. (US), Burtons Medical Equipment Ltd (UK), Vetronic Services Ltd (UK), Advances Veterinary (UK), New Gen Medical Systems (India), Dispomed (Canada)

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[bhavanameti]

Pet Oral Care Market Expected to Hit $3 Billion by 2030

Meticulous Research®—a leading global market research company, published a research report titled, ‘Pet Oral Care Market by Product (Toothpaste, Toothbrush, Mouthwash, Chewable, Additives), Animal Type (Dogs, Cats), Sales Channel (e commerce, Pet Store, Pharmacy, Supermarkets, Veterinary Hospitals), Geography - Global Forecast to 2030.’

The latest report from Meticulous Research® predicts that the pet oral care market will reach $3 billion by 2030, with a CAGR of 6.1% during the forecast period. This growth is driven by increasing pet ownership, higher pet expenditure and insurance, and the prevalence of dental diseases in pets.

Market Overview:

The study segments the market by product, animal type, sales channels, and geography, analyzing industry competitors and their market share on global and regional levels.

Key Insights:

Dental Chews: Expected to have the highest CAGR, driven by ingredient innovations and new product launches such as Clear Conscience Pet's plaque-preventive chew with Kelp.

Dogs: This segment leads the market due to widespread adoption and increased awareness of pet oral health, especially in developed countries.

Online Sales: Projected to witness the highest growth, driven by increased pet health awareness, rising pet adoption, and the convenience of online shopping.

Geographic Analysis:

The report offers a comprehensive analysis of key regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to lead the market, with the U.S. being the largest contributor due to high pet health expenditure and awareness.

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 Key Questions Addressed:

What are the high-growth segments by product, animal type, sales channel, and region?

What is the historical market performance?

What are the market forecasts and estimates for 2023–2030?

What are the main drivers, restraints, challenges, opportunities, and trends?

Who are the major players and what is the competitive landscape?

What are the recent developments and strategies adopted?

What are the geographic trends and high-growth regions/countries?

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[ankitab]

Feed Software Market is expected to reach $456.1 million by 2030

Meticulous Research®—a leading global market research company, published a research report titled, ‘Feed Software Market by Type (Feed Formulation, Animal Simulation Model), Deployment Mode (On Premise, Cloud-based Software), Animal Type (Poultry, Ruminants, Aquaculture, Pet), End User (Feed Manufacturers, Animal Farmers) - Global Forecast to 2030.’

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According to this latest publication from Meticulous Research®, the feed software market is expected to register a CAGR of 6.2% from 2023 to 2030 to reach $456.1 million by 2030. The growth of this market is attributed to the adoption of digital technologies and automation in the animal feed industry, the growing animal population, increasing demand for healthy animal-based food products, increasing animal health expenditure and pet insurance, and the growing need to reduce feed production costs. Additionally, Integration with IoT and big data and emerging economies offer significant growth opportunities for feed software vendors. However, low animal health awareness in developing countries may restrain the feed software market growth.

The feed software market is segmented based on type, deployment mode, animal type, end user, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

Based on type, the feed software market is segmented into feed formulation software, animal simulation model, and other types. In 2023, the feed formulation software segment is expected to account for the largest share of the feed software market. The large market share of this segment is attributed to increased animal feed production, high demand for customized feed for animals, and a rise in focus on feed production optimization.

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Based on deployment mode, the feed software market is segmented into on-premise software and cloud-based software. In 2023, the on-premise software segment is expected to account for the larger share of the feed software market. However, the cloud-based software segment is expected to register the highest CAGR during the forecast period. Cloud-based feed software solutions are gaining popularity due to their advantages, such as scalability, flexibility, and cost efficiency. Furthermore, these cloud-based systems offer real-time data access, making them ideal for businesses with multiple locations.

Based on geography, in 2023, North America is expected to account for the largest share of the feed software market. North America’s major market share is attributed to the high awareness about the quality of meat-based products supporting customized feed trends for animals, increased consumption of animal-based products, high adoption of digital technologies & automation in production systems, and high concentration of feed-producing companies in the region. However, Asia-Pacific is projected to register the highest CAGR during the forecast period.

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Key Players

The key players operating in the feed software market are Adifo NV (Belgium), PrairiE Systems, LLC (U.S.), Cultura Technologies (Georgia), Bluestar Adisseo Company (China), Dhi Computing Service, Inc. (U.S.), Easy Automation, Inc. (U.S.), Landmark feeds, Inc. (Canada), Supervisor Systems (U.S.), AgroVision B.V. (Netherlands), MTech-Systems (Georgia), Feedlogic Corporation (U.S.), Cargill, Incorporated (U.S.), Dalex Livestock Solutions LLC (U.S.), Evonik Industries AG (Germany), Format Solutions, Inc. (U.S.), GLOBALVETLINK, L.C. (U.S.), Agentis Innovations Ltd (Cyprus), Animal Feed Formulation Software (U.S.), GEOSAN DEVELOPMENT s.r.o (South Korea), and Kemin Industries, Inc. (U.S.).

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[deshpandeisha]

The Growing Field of Animal Ultrasound: A Game Changer in Veterinary Medicine

The global animal ultrasound market size reached USD 286.2 Million in 2020 and is expected to register a revenue CAGR of 8.2% during the forecast period, according to latest analysis by Emergen Research. Increasing number of companion animals and rising demand for pet insurance are some key factors projected to support market revenue growth between 2021 and 2028.

In addition, increasing number of veterinary doctors in developed and developing countries is expected to boost revenue growth of the market going ahead.Increasing number of veterinarians has also resultedin increasingnumberof new treatment facilities, which is expected to boost demand for various treatmentequipment for animals, including animal ultrasound devices.In addition, veterinarians' incomes in developed countries have significantly risen in recent years, and this is strengthening their purchasing power, which is expected to boostadoption of animalultrasound devices in private clinics.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Animal Ultrasound market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

IDEXX Laboratories, Inc., Carestream Health, Inc., Fujifilm Holdings Corporation, Esaote SpA, GE Healthcare, Heska Corporation, Diagnostic Imaging Systems, Inc., Clarius Mobile Health Corp., DRAMIÑSKI S.A., and Hallmarq Veterinary Imaging Limited

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Emergen Research has segmented the global Animal Ultrasound market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

Animal Type Outlook (Revenue, USD Million; 2018–2028)

Large Animals

Small Companion Animals

Imaging Type Outlook (Revenue, USD Million; 2018–2028)

Doppler Imaging

2D Ultrasound Imaging

3D & 4D Ultrasound Imaging

Scanner Type Outlook (Revenue, USD Million; 2018–2028)

Handheld Ultrasound Scanners

Cart-based Ultrasound Scanners

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

Analysis and estimation of the Animal Ultrasound Market size and share for the projected period of 2022-2030

Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape

Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Animal Ultrasound Market

Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments

Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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[market-insider]

Veterinary Hospitals Market Dynamics: Evaluating Market Size, Share, and Growth Forecast

The global veterinary hospitals market size is expected to reach USD 123.8 billion by 2030, expanding at a CAGR of 5.80% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing pet population is boosting the demand for veterinary clinics and hospitals around the world. Additionally, the COVID-19 pandemic lockdown restrictions led to a rise in the demand for companion animals. For instance, the number of pets in the UK has significantly increased. According to a recent survey conducted by the Pet Food Manufacturers Association, there are currently over 24 million cats and dogs living in the United Kingdom. The market is being driven by the increase in pet ownership, not just in the short term when kittens and puppies need shots, initial checkups, or neutering, but also considerably in the long term as they age into animals needing more veterinarian treatment and care.

Veterinary Hospitals Market Report Highlights

By animal type, the companion animal segment accounted for the largest revenue share in 2022. This is owing to the relatively stable ownership rate of dogs & cats in developed countries like the U.S. and increased expenditure on veterinary care

Based on type, the medicine segment dominated the market in 2022, owing to its significant distribution in veterinary pharmacies

Based on the sector, the private segment dominated the market in 2022. These hospitals offer well-maintained and advanced services at a relatively low price than private hospitals

North America accounted for a 43.4% share of the market in 2022 and is expected to grow over the forecast period. This growth is majorly due to high companion animal ownership rates, favorable government regulations, and increasing adoption of pet insurance for veterinary care

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The rapidly aging pet population and the availability of advanced pet care options are among the key factors likely to drive expenditure on pets by owners, which is the primary source of revenue growth for veterinary hospitals. Establishment requirements for veterinary hospitals are expected to improve mainly due to the high demand for animal care services for pets & animals food. With the increasing number of pets and pet owners, the focus on animal safety has grown in recent years. Rising concerns and increasing awareness about chronic diseases in companion animals have resulted in high expenditure on pet health. Large spending on animal care is expected to further boost veterinary visits and medication sales in hospitals. Owners are concerned about their pets and consult veterinarians for treatment of several health issues at an early stage. This is further boosting the demand for efficient treatment options, driving the market.

[petnews2day]

Pet Dog Insurance Market is Booming Across the Globe|

New Post has been published on https://petn.ws/8fVDg

Pet Dog Insurance Market is Booming Across the Globe|

Pet Dog Insurance Market Global Pet Dog Insurance Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes […]

See full article at https://petn.ws/8fVDg #PetInsuranceNews

[blueweave]

United Kingdom Pet Insurance Market size at USD 387.17 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the United Kingdom Pet Insurance Market size to expand at a CAGR of 7.09% reaching a value of USD 729.91 million by 2030. High regional pet ownership rates and rising veterinary care expenses are key growth drivers for the United Kingdom Pet Insurance Market. Pet insurance sales in the United Kingdom are also expected to have substantial growth potential over the period in analysis, due to the humanization of pets and the increased frequency of illnesses among them.

Opportunity: Escalating veterinary care costs

The need for pet insurance is rising as a result of the need to reduce costs related to major medical problems including illness and accidental injuries among pets. It is also anticipated that the spike in demand for veterinary healthcare facilities would boost the adoption of pet insurance, as these services frequently need considerable capital investment, specialists, and specialized diagnostic equipment, which results in greater treatment costs for pet owners.

United Kingdom Pet Insurance Market

Segmental Coverage

United Kingdom Pet Insurance Market – By Animal

Based on animal, the United Kingdom Pet Insurance Market is segmented into dogs, cats, horses, exotic pets, and others. The dogs segment accounts for the highest market share, followed by cats. Based on data from UK Pet Food, dogs are the most popular animal in the country, with a population of 12 million and a presence in 31% of British households. With 26% of homes owning one or more cats, cats remain the second most popular pets in the nation. However, rabbits are anticipated to register the highest growth rate over the period in analysis.

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[poonamcmi]

Neurodiagnostics Market Estimated to Witness High Growth Owing to Growing Geriatric Population

The neurodiagnostics market plays a crucial role in neurological disease diagnosis and treatment monitoring. Neurological disorders such as epilepsy, Alzheimer's disease, Multiple Sclerosis, Parkinson's disease, and other neurological conditions are becoming increasingly prevalent. Neurodiagnostics help detect neurological abnormalities through neurological imaging such as MRI, EEG, and diagnostic tests. The growing geriatric population is more susceptible to neurodegenerative diseases, driving the need for neurodiagnostics.

The Global Neurodiagnostics Market is estimated to be valued at US$ 8.66 Bn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the neurodiagnostics are Koninklijke Philips N.V, Siemens Healthcare GmbH, F. Hoffmann-La Roche Ltd, FUJIFILM Holdings Corporation, Bio-Rad Laboratories Inc., Advanced Brain Monitoring, Inc., Nihon Kohden Corporation, Mitsar Co. LTD., EMS Biomedical, Mennen Medical, Natus Medical Incorporated, Medicaid Systems, Fujirebio, FONAR Corp, ANT Neuro, NEUROLITE AG, and Atlantic Health System.

The key opportunities in the Neurodiagnostics Market Demand include increasing investments in R&D for biomarker-based disease diagnosis and neuroimaging. The global expansion of key players through mergers and acquisitions will further aid market growth.

The growing geriatric population is more susceptible to neurodegenerative diseases, driving the need for neurodiagnostics. Furthermore, increasing investments in R&D by key players for developing advanced diagnostic systems will boost the neurodiagnostics market over the forecast period.

Market drivers

The growing geriatric population is the major driver propelling the Neurodiagnostics Market Size And Trends As per the United Nations, people aged over 60 years are projected to outnumber children under 10 years by 2050. Elderly people are more vulnerable to neurological disorders like Alzheimer's and Parkinson's disease. This will augment the demand for neurodiagnostics for early disease diagnosis and treatment monitoring. Increasing awareness about brain health and availability of reimbursement policies for neurodiagnostic tests will also boost market revenues significantly over the forecast period.

PEST Analysis

Political: Regulations related to medical devices and neurological disorder treatments have an impact. Reimbursement policies by governments and insurance agencies also affect market growth. Economic: The growing insurance coverage levels and disposable incomes have boosted healthcare spending including on neurodiagnostics. Higher investments in clinical trials and R&D remain crucial. Social: Rising prevalence of neurological disorders like Alzheimers, Parkinsons, epilepsy, and stroke is a key driver. Growing awareness encourages early diagnosis through imaging techniques. Technological: Advancements in imaging modalities like MRI, CT, PET, EEG, and newer technologies like digital EEG and MEG expands diagnosis capabilities. Portable and wearable devices improve accessibility.

Geographical Regions with High Market Concentration North America accounts for the largest share in the neurodiagnostics market in terms of value, owing to the presence of major players, high healthcare expenditure, and rising neurological disorders. The United States holds a significant share in the regional market.

Fastest Growing Regional Market

The Asia Pacific region is expected to witness the highest growth in the neurodiagnostics market during the forecast period. This is attributed to factors such as growing healthcare expenditure, increasing healthcare infrastructure development, and rising geriatric population in the region suffering from neurological conditions. Rapidly developing countries like China and India with huge patient pools offer high growth potential. Get More Insights On, Neurodiagnostics Market About Author: Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)

[organicbusinessconsulting]

What can stimulate the North America Rice Noodles Market to spur further growth?

North America Rice Noodles Market Trends and Outlook

The North America Rice Noodles Market growth & size reached USD xx billion in 2019 and is predicted to rise at a CAGR xx from 2020 to 2027. Rice noodles are made from a simple mix of rice flour and water. They get their unique texture from additional ingredients like tapioca and cornstarch. These noodles come in different forms-fresh, dried, and frozen. There are also gluten-free choices for those with gluten allergies. With mostly carbohydrates, no additives, and low fat, rice noodles offer a healthier choice compared to different fast foods. In addition, they can be cooked with different flavors, giving individuals a chance to introduce their tasty dishes.

The market has witnessed significant growth, due to the growing popularity of Asian cuisine. Rice noodles, specifically, have garnered immense attention in international markets. These noodles, available in frozen, fresh, and dried forms with different shapes and exceptional texture features, carry a broad range of age groups and ethnicities. Their versatility enables them to complement different ingredients, sauces, and spices, leading to a widespread reputation. A factor influencing the market growth is the absence of wheat flour in rice noodles, making them inherently gluten-free. This attribute appeals to people with gluten intolerance and celiac disease, developing the market growth. In addition, rice noodles are predicted to be a healthier choice as compared to yellow egg noodles, making them a preferred choice for vegans and vegetarians.

The North America rice noodle market demand is projected to witness growth due to significantly widened distribution channels, addressing the rising demands of customers in both urban and certain rural locations, propelled by an increasing population. The North America rice noodle market's driving factors are an increase in demand for rice products and continuous product innovations. However, market growth faces challenges in developed countries owing to lower popularity and concern over the high carbohydrate content in rice products.

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The North America rice noodles market segmentation is based on distribution channel, type, and region. In terms of type, the market is classified into Western-style rice noodles, Chinese-style rice noodles, and many more. Chinese-style rice noodle is anticipated to register the market, holding the largest market share, and the extension of population preference for Chinese-style rice noodles contributes to this North America noodle rice market trend. Based on distribution channels, the market is categorized into supermarkets, independent retailers, convenience stores, and many more. Supermarkets are predicted to be the primary revenue generators in the rice noodle market. On the basis of region, the North America rice noodles market is further segmented into the U.S.A. and Canada. The United States takes the lead in this regional market, although its impact is relatively modest on an international scale. This is attributed to the lower popularity of rice-based products across the region.

Furthermore, the growth of the regional market is driven by an increase in presence of Asian restaurants and a growing influx of the Asian population into the U.S., Canada, and Mexico. A key factor driving this trend is the popularity of instance rice noodles, drawing a considerable number of Americans to discover the product. The convenience of preparation adds to its appeal, making it a practical dietary choice for many.

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