With the development of the times, pets are entering more and more families. Influenced by factors such as the improvement of residents’ income levels, aging of the population, and the transformation of pets’ roles in families, the Chinese pet market is growing rapidly. According to statistics from China Industry Information Network, the scale of the pet industry reached 16 billion yuan in 2009, and exceeded 50 billion yuan in 2014, with an average annual compound growth rate of over 20% over the past five years. It can be seen that pets are occupying an increasingly important position in our lives, and the pet industry will be a large and delicious “market cake”.
Pet sub-industries such as pet medical care, pet food, pet toys, and pet grooming are rising rapidly. With the influx of a large number of emerging entrepreneurs, the market continues to be saturated and fierce competition will form. At present, the pet industry that really has huge development potential and huge market profits should be the pet medical device industry.
Due to the increasing pollution of the environment, air, and food, as well as the anthropomorphic and high living standards of pets, “diseases of wealth” and “difficult diseases” in pets continue to emerge, and the demand for professional pet medical equipment and pet disease detection equipment will rise rapidly.
With the rapid development of the pet healthcare industry driven by capital investment, the capital expansion of the pet healthcare market has been progressing vigorously. In the future, the “arms race” in the pet healthcare industry will become an inevitable stage of development. The traditional competition among veterinarians based on skills, experience, shorter surgical times, smaller surgical wounds, and more advanced surgical methods has become outdated.
Senior pet industry insiders say that the pet healthcare industry is becoming a new sunrise industry, and the pet medical device market has unlimited potential in the future. Unlike treating humans, when treating pets, doctors cannot communicate with them verbally to understand their conditions. Therefore, diagnostic equipment has become an important tool.
The domestic pet medical device market is regarded as promising, with products including physiological monitors, blood analyzers, endocrine analyzers, endoscopes, and other equipment, as well as imaging diagnostic devices such as ultrasound, DR, MRI, and CT. With the increasing number of pet owners, the pet healthcare industry has also developed rapidly.
The domestic pet healthcare level will experience a qualitative leap with the improvement of diagnostic equipment. The pet healthcare industry centered on pet treatment will also shift towards pet prevention and pet diagnosis. The increasing anthropomorphic nature of pet medical services will significantly improve the treatment experience for pets, marking the arrival of a new era. Pet medical devices are destined to become a blue ocean market with unlimited potential!
