The global demand for Veterinary Equipment and Supplies Market is presumed to reach the market size of nearly USD 11.93 BN by 2030 from USD 4.97 BN in 2022 with a CAGR of 10.22% under the study period 2023 - 2030.
All medical devices developed to assist in diagnosing, observing, or treating various health disorders affecting animals are included in the category of veterinary equipment and supplies. This consists of an ultrasound scanner, anaesthesia machine, pulse oximeter etc. It also comprises disposable medical equipment or devices that have been created for brief or one-time usage, primarily for infection prevention.
Market Dynamics
The veterinary equipment and supplies market is boomed by numerous factors such as a rise in pet adoption, an increase in animal diseases and people's worry over those diseases, and an increase in veterinary professionals and animal clinics. Additional factors leading to market growth include recent increases in R&D spending, technological breakthroughs, product innovation, and an increase in per capita animal health spending. However, high prices for veterinary supplies and rising pet care expenditures are anticipated to limit this market's expansion to some extent. The lack of competent veterinarians in emerging economies and the poor understanding of animal health will worsen this issue. Nonetheless, scientists have created a vast array of medical tools and medications, leading to a notable improvement in the diagnosis, remedy, and prevention of various animal health issues.
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 supplies. The growth and trends of veterinary equipment and supplies industry provide a holistic approach to this study.
Market Segmentation
This section of the veterinary equipment and supplies 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 Type
- Critical Care Consumables
- Anesthesia Equipment
- Fluid Management Equipment
- Temperature Management Equipment
- Patient Monitoring Equipment
- Research Equipment
- Rescue & Resuscitation Equipment
By Application
- Surgical Application
- Diagnosis, Monitoring, And Therapy
By Animal Type
- Small Companion Animals
- Large Animals
- Other Animals
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Veterinary Equipment and Supplies 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 Supplies 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 Supplies market include B. Braun Vet Care GmbH (Germany), Covetrus Inc. (US), BD Animal Health (US), Cardinal Health (US), ICU Medical, Inc. (US), Neogen Corporation (US), Integra LifeSciences (US), Midmark Corporation (US), Jorgensen Laboratories (US), Shenzhen Mindray Animal Medical Technology Co., Ltd. (China), Nonin Medical (US), Digicare Animal Health (US), Hallowell Engineering And Manufacturing Corporation (US), Grady Medical (US), Mila International Inc. (US), Burtons Medical Equipment Ltd (UK), Bionet America, Inc (South Korea), Masimo Corporation (US), Vetronic Services Ltd (UK), Advancis Veterinary (UK), New Gen Medical Systems (India), Dispomed (Canada), Eickemeyer (Germany), J & J Instruments (US), and Avante Animal Health (US). 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.
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