Veterinary-Animal Equipment Market is expected to reach at $2,269.4 million at a CAGR of 8.0% by 2021- Meticulous Resear
The global veterinary/animal equipment market is valued $1665.6 million in 2016. The market is expected to reach at $2,269.4 million in 2021 at a CAGR 8.0% from 2016 to 2021. The growth in this market is mainly attributed to growing animal population and demand for animal food products, technological advancements, and increasing animal health expenditure and pet insurance. However, high cost of instruments and lower animal health awareness in developing countries are hindering the growth of this market.
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