Global Veterinary Electrosurgery Market to Reach $154.6 Million by 2030
The global market for Veterinary Electrosurgery estimated at US$88.1 Million in the year 2023, is expected to reach US$154.6 Million by 2030, growing at a CAGR of 8.4% over the analysis period 2023-2030. Bipolar Electrosurgery Instruments, one of the segments analyzed in the report, is expected to record a 9% CAGR and reach US$74.4 Million by the end of the analysis period. Growth in the Monopolar Electrosurgery Instruments segment is estimated at 7.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $23.1 Million, While China is Forecast to Grow at 12.3% CAGR
The Veterinary Electrosurgery market in the U.S. is estimated at US$23.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$38.6 Million by the year 2030 trailing a CAGR of 12.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$22.4 Million by the year 2030.
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