![Animal Workstations Market](https://www.skyquestt.com/assets/frontend/images/upcoming_reports_cover_image.jpg)
Report ID: UCMIG35E2029
Report ID:
UCMIG35E2029 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global animal workstations market was worth USD 1.8 billion in 2021, and it is predicted to increase at a CAGR (compound annual growth rate) of 5.6% between 2022 and 2030. Growing animal health research activities and technical advances in the market are projected to drive market expansion. Furthermore, the increasing use of pet workstation for medical research is likely to drive market growth. According to a report published by Understanding Animal scientific, total animal exploitation for scientific purposes grew by around 40% between 2005 and 2019. during the COVID-19 pandemic, study was being conducted to study the virus as well as to find prevention, diagnosis, and treatment options.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Facilities by segment aggregation, the contribution of the Health Care Facilities in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35E2029