Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 2314.63 Million | USD 5,047.92 Million | CAGR at 9.05% | 2023 |
According to the report published by Zion Market Research, the global Veterinary Equipment and Disposables Market size was valued at USD 2314.63 Million in 2023 and is predicted to reach USD 5,047.92 Million by the end of 2032. The market is expected to grow with a CAGR of 9.05% during the forecast period.
A range of veterinary equipment and disposables are needed on a regular basis for appropriate treatment and diagnosis of animal diseases. Accurate screening of food animals to guarantee avoidance of food infectivity and a global outbreak of lethal zoonotic diseases, including avian flu and tuberculosis can play a vital role in defending the humans and domestic animal husbandry industries from the impact of such diseases.
The vital factors influencing the growth of the market for veterinary equipment and disposables globally include the growing animal health spending, rising digit of veterinary practitioners and their growing income levels, increase in companion animals, the mounting demand for pet insurance, and the rising animal research coupled with mounting research grants. However, the mounting price of pet care, severe scarcity of skilled & professional veterinarians, and low animal health understanding are few factors that can restrain the market growth.
The global veterinary equipment and disposables market can be segmented based on animal type, product, and geography.
The animal type segment of the market is divided into large animals, research animals, exotic animals, small companion animals, zoo animals, and aquatic animals. The larger animals segment is sub-segmented into equine and bovine & other farm animals. The small companion animals segment is sub-classified into feline and canine.
The product segment of the veterinary equipment and disposables market is diversified into temperature management equipment, rescue & resuscitation, research equipment, anesthesia equipment, critical care consumables, and fluid management equipment. The temperature management equipment segment of the market is diversified into patient warming systems and fluid warmers. The fluid management equipment segment of the veterinary equipment and disposables market is categorized into large-volume infusion pumps, syringe pumps, and infusion disposables.
Report Attributes | Report Details |
---|---|
Report Name | Veterinary Equipment and Disposables Market Research Report |
Market Size in 2023 | USD 2314.63 Million |
Market Forecast in 2032 | USD 5,047.92 Million |
Growth Rate | CAGR of 9.05% |
Number of Pages | 198 |
Key Companies Covered | Digicare Biomedical Technology, Inc., Hallowell Engineering & Manufacturing Corporation Jorgen Kruuse A/S, Mila International Inc., and Medtronic Plc. The other prominent players in the market include DRE Veterinary, Midmark Corporation, Jorgensen Laboratories, 3M Company, Vetland Medical Sales and Services LLC, and Smiths Group Plc. |
Segments Covered | By Animal type, By Product and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is assumed to lead the market for veterinary equipment and disposables market in the near future owing to the rising digit of veterinary practitioners & their income levels, growing numeral of companion animals, rising attentiveness about animal diseases, growing companion animal healthcare spending, and mounting acceptance of pet insurance. Asia-Pacific region is anticipated to grow at a noteworthy rate in the near future due to the altering dietary practice, growing pet adoption, increasing alertness about animal health, mounting livestock population, progressive urbanization, and increasing per capita animal health spending in this region.
The important players in the global veterinary equipment and disposables market are:
The other prominent players in the market include
By Animal type
By Product
Global Veterinary Equipment and Disposables Market: Regional Segment Analysis
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