Increasing Number of Households with Companion Animals and High Expenditure on Animal Healthcare to Boost Demand for Veterinary Equipment and Disposables
Veterinary equipment and disposables have come a long way since the day of their introduction. Veterinary instruments are no longer just simple and ordinary devices used for monitoring an animal's health. These instruments now perform crucial roles in surgeries and have also been developed to perform minor surgical operations. These instruments are now commonly used by veterinarians to give the animals a better quality of life and lessen the suffering they go through while they are waiting for surgery. The demand for veterinary equipment and disposables is expected to increase in North America due to increasing number of households with companion animals and high expenditure on animal healthcare. According to 2017-2018 U.S. Pet Ownership & Demographics Sourcebook of American Veterinary Medical Foundation (AVMF), the number of rabbits per 1,000 households in the U.S increased from 1,408 in 2012 to 1, 534 in 2017-2018. Veterinary equipment and disposables such as ul...