China Animal Medical Devices Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DM2266 | Last Updated On: Oct 28 2022 | Available Formats

> China Animal Medical Devices Market Expected to reach a high CAGR by 2029: DataM Intelligence

China Animal Medical Devices Market is segmented By Product Type (Veterinary Diagnostic Equipment, In-Vitro Diagnostics Devices, Anesthesia Equipment, Veterinary Surgical Equipment, Patient Monitoring Devices, Accessories), By Animals (Companion Animals, Livestock Animals), By End-User (Veterinary Hospitals & Clinics, Reference Laboratories, Point-of-care Testing/In-house Testing, Others) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

China Animal Medical Devices Market is expected to grow at a high CAGR during the forecasting period (2022-2029).

China Animal Medical Devices Market Scope

Metrics

Details

Market CAGR

High

Segments Covered

By Product Type, By Animals ,By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Market Growth

Growing awareness of pets' health and well-being among Chinese owners leads the veterinary healthcare market boom at an unprecedented rate. There are about 12,000 pet hospitals in China, and more than 10% are chains from established brands currently.

According to the industry report by Goumin.com, one of the biggest online communities for pet owners in China, there were 91.5 million pet dogs and cats in China in 2018. The market value of the pet industry reached 170.8 billion yuan (24.84 billion U.S. dollars).

As the market for professional pet care is booming, the demand for machinery and medical equipment is growing, which provides several opportunities for manufacturers of medical equipment.

The National Medical Products Administration (NMPA), China’s medical device market regulator, has published official Unique Device Identification (UDI) requirements that will take effect October 1, 2019. According to NMPA and Emergo by UL consultants in Beijing, the new rules lay out UDI's responsibilities both for manufacturers and code agencies to issue UDI labels for devices. China will include product identification unique to particular devices and production identification data such as serial and batch numbers, production dates, and manufacturing process information.

Market Key Player

The Chinese animal healthcare market is highly competitive, with many players adopting various key strategies to expand their business and gain a share in the market.

Some of the market players in the animal medical devices market are Shenyang Dachang Medical Imaging Technology Co. LTD. (Dachang), Mindray Medical International, Ltd, Xuzhou Palmary Electronics Co., Ltd, Benemed Industry Co., Limited, Shanghai Baobang Medical Equipment Co., Ltd., Shanghai Sunbright Industrial Co., Ltd, Nanjing Superstar Medical Equipment Co., Ltd., Shanghai MedEco Industry Co., Ltd., among others. The companies are focused on developing new animal medical devices with increased safety and ease of use. For instance,

In May 2019, Canon, the Japanese multinational imaging and optical products maker, entered the Chinese animal medical treatment market, marking its further step in expanding its business from camera to medical equipment.

 

Why Purchase the Report?

  • Visualize the China Animal Medical Devices Market products' composition across each product type and application, highlighting the critical commercial assets and players.
  • Identify commercial opportunities in the China Animal Medical Devices Market by analyzing trends and co-development deals.
  • Comprehensive details on factors driving the market growth.
  • Excel data sheet with thousands of data points of China Animal Medical Devices Market-level segmentation.
  • A PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

Target Audience

  • Industry Investors/Investment Bankers
  • Suppliers/Buyers
  • Education & Research Institutes
  • Manufacturers
  • Research Professionals
  • Emerging Companies
  • Distributors

Frequently Asked Questions

What is the Projected CAGR value of the China Animal Medical Devices Market?

China Animal Medical Devices Market is expected to grow at a CAGR of High during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the China Animal Medical Devices Market during 2022-2029.

Which is the fastest growing region in the China Animal Medical Devices Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period.

Trending Topic's

China Companion Animal Health Market

Animal Stem Cell Therapy Market

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