The global demand for Veterinary Equipment And Disposables Market is presumed to reach the market size of nearly USD 5.46 MN by 2028 from USD 3.47 MN in 2021 with a CAGR of 6.7% under the study period 2022 - 2028.
Veterinary Equipment And Disposables refers to all types of medical equipment used in the treatment of various diseases related to animals. Some of these tools include critical care products, anaesthesia-related equipment, patient monitoring tools, fluid management system equipment, temperature control tools, etc. These tools also help to diagnose and monitor the health conditions of animals. The disposable medical devices also form a part of the equipment meant for single-time use to control the infection. Veterinary Equipment And Disposables play an essential role in maintaining human health by preventing diseases transmitted from animals to humans.
Market Dynamics
Veterinary Equipment And Disposables shows a satisfactory picture during the projected period from 2018 to 2026. The market drivers include the trend of rising animal adoption, animal diseases that are growing faster and the increasing concern about them, the rising number of veterinary doctors and the number of vet hospitals. The awareness about animal healthcare is on rise, and the growing occurrence of diseases spread from animals to humans, like Ebola and several others also favors market growth. The critical care segment is likely to see the highest growth because of the rapid consumption of such equipment in the veterinary anaesthesia process. In the end-user segment, the veterinary clinics and hospitals will control the market as the trend of private practices is rising. Challenges on the road to growth include the rising cost of healthcare, lack of awareness of animal care in developing economies, and lack of skilled vet professionals. The key players are focusing on collaboration and expansion strategies to enjoy a market share in developing economies because of the popularity of animal adoption in these countries.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of veterinary equipment and disposables. The growth and trends of veterinary equipment and disposables industry provide a holistic approach to this study.
Market Segmentation
This section of the veterinary equipment and disposables market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Critical Care Consumables
- Anesthesia Equipment
- Fluid Management Equipment
- Temperature Management Equipment
- Rescue & Resuscitation Equipment
- Research Equipment
- Patient Monitoring Equipment
By Animal Type
- Companion Animal
- Livestock Animal
By End-Use
- Veterinary Hospitals/Clinics
- Research Institutes
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Veterinary Equipment And Disposables market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Veterinary Equipment And Disposables Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the veterinary equipment and disposables market include Shenzhen Mindray Bio-Medical Electronics Co. Ltd, Smiths Medical Inc., Nonin Medical, Inc., Digicare Biomedical, Covetrus, Inc., B. Braun Melsungen AG, DRE Veterinary, Vetland Medical Sales and Services, Midmark Corporation, Jorgensen Labs, Grady Medical. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
