Multi Channel Animal Anesthesia Machine Market
Multi Channel Animal Anesthesia Machine Market Forecasts to 2030 - Global Analysis By Type (Mobile Type and Desktop Type), Animal Type (Small Animals, Exotic Animals and Large Animals), Application and By Geography
|
Years Covered |
2021-2030 |
|
CAGR (2023 - 2030) |
7.1% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Europe |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Multi Channel Animal Anesthesia Machine Market is growing at a CAGR of 7.1% during the forecast period. A Multi Channel Animal Anesthesia Machine is a specialized medical device designed for administering precise and simultaneous anesthesia to multiple animal subjects in research and veterinary settings. This sophisticated equipment offers tailored control over anesthesia delivery, accommodating various species and sizes, which enable researchers and veterinarians to conduct experiments and procedures on diverse animals, ensuring accurate and humane anesthesia management.
According to the WHO, cancer is the leading cause of extinctionaly and was responsible for an estimated 10 million deaths in 2020.
Market Dynamics:
Driver:
Growing awareness of animal welfare
Multi-channel animal anesthesia machines play a crucial role by offering precise control over anesthesia administration, minimizing stress and discomfort for animals undergoing medical procedures. There are increasing societal concerns about the ethical treatment of animals in research and veterinary practices that prioritize the reduction of pain and distress in laboratory and veterinary settings. Furthermore, as awareness increases, adherence to ethical guidelines and the promotion of responsible and humane animal experimentation have become key considerations for researchers, veterinarians, and institutions, which are propelling this market growth.
Restraint:
Cost constraints
Higher manufacturing costs may result from the complex engineering, high-quality parts, and strict adherence to safety regulations involved in the production of multi-channel animal anesthesia machines. The specific market for animal anesthesia machines and its constrained economies of scale can also have an effect on the cost structure. In addition, for certain customers, the machines' high initial costs, continuous maintenance requirements, and requirement for specialized training to operate them can be financially challenging, thereby hindering this market expansion.
Opportunity:
Technological advancements
Automation and integration of smart technologies contribute to improved safety, allowing researchers and veterinarians to monitor and adjust anesthesia parameters with greater accuracy. Continuous innovation in the design and functionality of these anesthesia systems enhances their capabilities, efficiency, and user-friendliness. Furthermore, integration with digital platforms and connectivity solutions enables seamless data transfer and remote monitoring, enhancing overall workflow efficiency that not only meets the diverse needs of researchers and veterinarians but also contributes to the advancement of humane and ethical practices in animal care and experimentation, which are driving this market size.
Threat:
Limited standardization
The absence of standardized protocols also complicates the training and education of users, as procedures may differ between machines from various manufacturers. The absence of universally accepted standards for the design, calibration, and operation of multi-channel anesthesia machines can create challenges for manufacturers, users, and regulatory bodies. Therefore, this lack of uniformity can impede the seamless exchange of information and best practices among researchers, veterinarians, and institutions, affecting the overall efficiency of operations.
Covid-19 Impact
The COVID-19 pandemic had various detrimental effects on the market for multichannel animal anesthesia machines. The disruptions in the supply chain, restrictions on non-essential activities, and economic uncertainties significantly affected the market dynamics. Many research institutions and veterinary facilities faced budget constraints and redirected resources toward addressing the immediate challenges posed by the pandemic, leading to a slowdown in equipment purchases and upgrades. In addition, veterinary clinics, particularly those handling elective procedures, witnessed a decrease in caseloads, impacting the need for sophisticated anesthesia equipment and thereby impeding this market size.
The exotic animals segment is expected to be the largest during the forecast period
The exotic animals segment is estimated to hold the largest share. These are the unique anesthesia requirements of diverse species, ensuring precise control and monitoring during procedures. These machines offer a multi-faceted approach, accommodating various animal sizes and species-specific physiological needs, ranging from small rodents to large non-domesticated mammals. Furthermore, advancements in technology have led to the development of sophisticated anesthesia delivery systems that enable efficient and tailored anesthesia management in experimental settings, thereby propelling this segment's growth.
The scientific research laboratory segment is expected to have the highest CAGR during the forecast period
The scientific research laboratory segment is anticipated to have highest CAGR during the forecast period, due to a significant upswing as a critical component in advancing biomedical and pharmaceutical research involving animal subjects. Researchers utilize these machines to maintain anesthesia across multiple subjects simultaneously, facilitating studies that require intricate experimental designs and varied animal models. In addition, these provide a sophisticated and adjustable platform, allowing scientists to customize anesthesia delivery based on the unique physiological needs of different species using high-quality, multi-functional anesthesia solutions, which are boosting this segment's expansion.
Region with largest share:
Europe commanded the largest market share during the extrapolated period owing to advancements in veterinary medicine, research, and a heightened focus on animal welfare. Countries including the UK, Germany, Italy, France, and Spain are increasingly adopting multi-channel anesthesia machines for diverse applications. These are capable of accommodating various animal sizes and species-specific requirements and align with the region's commitment to humane and responsible animal experimentation involving veterinary practices, biomedical research, and academic studies, which are driving this region’s growth.
Region with highest CAGR:
North America is expected to witness highest CAGR over the projection period. These sophisticated devices provide precise and simultaneous control over anesthesia administration, accommodating diverse animal species, including companion animals, laboratory animals, and wildlife. Key players such as Kent Scientific Corporation, Harvard Apparatus, RWD Life Science, and SurgiVet contribute to biomedical studies and veterinary research to introduce advanced features and functionalities. Additionally, the prevalence of chronic diseases in companion animals and the increasing importance of animal models in drug development contribute to the sustained growth that is boosting this region’s growth.
Key players in the market
Some of the key players in the Multi Channel Animal Anesthesia Machine Market include Animalab, Scintica, Scitech Korea Inc., RWD Life Science, BiosebLab, Veterian Key, Parkland Scientific, SOMNI Scientific, ConductScience, World Precision Instruments, Dolphinmed, Comen, Yuyan Instruments, Bilead Biosci, Midmark Corporation and Hallowell EMC.
Key Developments:
In October 2023, World Precision Instruments (WPI) is excited to expand the capability of the EVOM™ Auto, now offering both 24 and 96 multiwell capacity in one single platform.
In October 2023, Scintica is thrilled to announce the appointment of Dr. Jörg Hamm as a new Preclinical Imaging Product Specialist in our Netherlands office, fortifying our commitment to advancing scientific research and medicine.
In April 2023, World Precision Instruments (WPI) is excited to launch the newest member to its EVOM™ family of products, the EVOM™ Auto.
In February 2023, Scintica Instrumentation Inc. is excited to announce its exclusive distribution agreement with Poietis, manufacturer of the New Generation Bioprinting (NGB) system designed for translational research and regenerative medicine applications.
Types Covered:
• Mobile Type
• Desktop Type
Animal Types Covered:
• Small Animals
• Exotic Animals
• Large Animals
Applications Covered:
• Pet Hospital
• Scientific Research Laboratory
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Multi Channel Animal Anesthesia Machine Market, By Type
5.1 Introduction
5.2 Mobile Type
5.3 Desktop Type
6 Global Multi Channel Animal Anesthesia Machine Market, By Animal Type
6.1 Introduction
6.2 Small Animals
6.3 Exotic Animals
6.4 Large Animals
7 Global Multi Channel Animal Anesthesia Machine Market, By Application
7.1 Introduction
7.2 Pet Hospital
7.3 Scientific Research Laboratory
7.4 Other Applications
8 Global Multi Channel Animal Anesthesia Machine Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Animalab
10.2 Scintica
10.3 Scitech Korea Inc.
10.4 RWD Life Science
10.5 BiosebLab
10.6 Veterian Key
10.7 Kent Scientific Corporation
10.8 Parkland Scientific
10.9 SOMNI Scientific
10.10 ConductScience
10.11 World Precision Instruments
10.12 Dolphinmed
10.13 Comen
10.14 Yuyan Instruments
10.15 Bilead Biosci
10.16 Midmark Corporation
10.17 Hallowell EMC
List of Tables
1 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Region (2021-2030) ($MN)
2 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Type (2021-2030) ($MN)
3 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Mobile Type (2021-2030) ($MN)
4 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Desktop Type (2021-2030) ($MN)
5 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Animal Type (2021-2030) ($MN)
6 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Small Animals (2021-2030) ($MN)
7 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Exotic Animals (2021-2030) ($MN)
8 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Large Animals (2021-2030) ($MN)
9 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Application (2021-2030) ($MN)
10 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Pet Hospital (2021-2030) ($MN)
11 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Scientific Research Laboratory (2021-2030) ($MN)
12 Global Multi Channel Animal Anesthesia Machine Market Outlook, By Other Applications (2021-2030) ($MN)
13 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Country (2021-2030) ($MN)
14 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Type (2021-2030) ($MN)
15 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Mobile Type (2021-2030) ($MN)
16 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Desktop Type (2021-2030) ($MN)
17 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Animal Type (2021-2030) ($MN)
18 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Small Animals (2021-2030) ($MN)
19 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Exotic Animals (2021-2030) ($MN)
20 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Large Animals (2021-2030) ($MN)
21 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Application (2021-2030) ($MN)
22 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Pet Hospital (2021-2030) ($MN)
23 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Scientific Research Laboratory (2021-2030) ($MN)
24 North America Multi Channel Animal Anesthesia Machine Market Outlook, By Other Applications (2021-2030) ($MN)
25 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Country (2021-2030) ($MN)
26 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Type (2021-2030) ($MN)
27 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Mobile Type (2021-2030) ($MN)
28 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Desktop Type (2021-2030) ($MN)
29 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Animal Type (2021-2030) ($MN)
30 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Small Animals (2021-2030) ($MN)
31 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Exotic Animals (2021-2030) ($MN)
32 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Large Animals (2021-2030) ($MN)
33 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Application (2021-2030) ($MN)
34 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Pet Hospital (2021-2030) ($MN)
35 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Scientific Research Laboratory (2021-2030) ($MN)
36 Europe Multi Channel Animal Anesthesia Machine Market Outlook, By Other Applications (2021-2030) ($MN)
37 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Country (2021-2030) ($MN)
38 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Type (2021-2030) ($MN)
39 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Mobile Type (2021-2030) ($MN)
40 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Desktop Type (2021-2030) ($MN)
41 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Animal Type (2021-2030) ($MN)
42 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Small Animals (2021-2030) ($MN)
43 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Exotic Animals (2021-2030) ($MN)
44 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Large Animals (2021-2030) ($MN)
45 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Application (2021-2030) ($MN)
46 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Pet Hospital (2021-2030) ($MN)
47 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Scientific Research Laboratory (2021-2030) ($MN)
48 Asia Pacific Multi Channel Animal Anesthesia Machine Market Outlook, By Other Applications (2021-2030) ($MN)
49 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Country (2021-2030) ($MN)
50 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Type (2021-2030) ($MN)
51 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Mobile Type (2021-2030) ($MN)
52 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Desktop Type (2021-2030) ($MN)
53 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Animal Type (2021-2030) ($MN)
54 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Small Animals (2021-2030) ($MN)
55 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Exotic Animals (2021-2030) ($MN)
56 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Large Animals (2021-2030) ($MN)
57 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Application (2021-2030) ($MN)
58 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Pet Hospital (2021-2030) ($MN)
59 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Scientific Research Laboratory (2021-2030) ($MN)
60 South America Multi Channel Animal Anesthesia Machine Market Outlook, By Other Applications (2021-2030) ($MN)
61 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Country (2021-2030) ($MN)
62 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Type (2021-2030) ($MN)
63 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Mobile Type (2021-2030) ($MN)
64 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Desktop Type (2021-2030) ($MN)
65 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Animal Type (2021-2030) ($MN)
66 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Small Animals (2021-2030) ($MN)
67 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Exotic Animals (2021-2030) ($MN)
68 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Large Animals (2021-2030) ($MN)
69 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Application (2021-2030) ($MN)
70 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Pet Hospital (2021-2030) ($MN)
71 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Scientific Research Laboratory (2021-2030) ($MN)
72 Middle East & Africa Multi Channel Animal Anesthesia Machine Market Outlook, By Other Applications (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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