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Pet Diabetes Care Devices Market Size
- Report ID: GMI4444
- Published Date: Dec 2022
- Report Format: PDF
Pet Diabetes Care Devices Market Size
Pet Diabetes Care Devices Market size registered a valuation of more than USD 2 billion in 2022. Driven by significant rise in cost of pet healthcare, the industry is estimated to progress at over 7% CAGR from 2023 to 2032
Substantial growth in pet healthcare expenditure across the world is expected to foster market progress. A rise in the adoption of pets is estimated to increase the spending on healthcare needs, which is enhancing the overall industry scenario.
Moreover, the increasing cases of diabetes, especially among dogs has elevated the demand for pet diabetes care devices. The rising popularity of pet parenting has encouraged owners to spend more on pet health. This is leading to an increase in the diagnosis of pet diabetes that has the potential to emerge at any age, thereby stimulating the market over the coming years. Additionally, the high disposable income of pet owners to give an organic lifestyle to their pets is further bolstering business expansion.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Pet Diabetes Care Devices Market Size in 2022: | 2.46 Billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.3% |
| 2032 Value Projection: | 4.99 Billion (USD) |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 140 |
| Tables, Charts & Figures: | 248 |
| Segments covered: | Device, Animal, End-use, and Region |
| Growth Drivers: |
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Frequently Asked Questions (FAQ) :
Pet Diabetes Care Devices Market Scope
