The global veterinary equipment and disposables market is expected to exhibit a growth rate (CAGR) of 12.78% during 2023-2028.
Veterinary equipment and disposables are used to accurately diagnose ailments, provide precise treatment, and control the breeding of companion and livestock animals. They are also utilized in the domestic animal husbandry sector to screen animals regularly, and prevent infection, food infectivity and diseases. Some of the commonly utilized equipment and disposables by veterinary practitioners around the world are medical apparatus, handheld tools, disposable devices, analyzers, needles, syringes, surgical instruments, and diagnostic test kits.
The rising number of animal husbandry activities, along with the growing concerns about food safety, represents one of the major factors positively influencing the demand for veterinary equipment and disposables for better diagnosis and treatment for livestock. Apart from this, the increasing pet ownership, along with the rising pet humanization, on account of the growing trend of nuclear families and inflating income levels, are bolstering the market growth. Moreover, the increasing uptake of pet insurance policies due to the growing concerns among pet parents about the well-being of their pets is contributing to the market growth. Furthermore, the introduction of compact, lightweight, portable, innovative, and real-time equipment with cameras has significantly reduced exam time and provides clear images of internal body systems. These images can be shared via telemedicine for speedy, effective treatment, which is also stimulating the growth of the market. Furthermore, as the governing agencies of numerous countries are supporting veterinary practices, the number of animal care centers is anticipated to rise worldwide and propel the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global veterinary equipment and disposables market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, animal type and end use.
Breakup by Product:
- Critical Care Consumables
- Anesthesia Equipment
- Fluid Management Equipment
- Temperature Management Equipment
- Rescue and Resuscitation Equipment
- Research Equipment
- Patient Monitoring Equipment
Breakup by Animal Type:
- Companion Animal
- Livestock Animal
Breakup by End Use:
- Veterinary Hospitals/Clinics
- Research Institutes
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being B. Braun Melsungen AG, Digicare Biomedical Technology Inc., Henry Schein Inc., Medtronic Plc, Midmark Corporation, Nonin Medical Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Smiths Group plc, Vetland Medical Sales and Services, and Vetronic Services Ltd.
|Base Year of the Analysis
||Product, Animal Type, End Use, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||B. Braun Melsungen AG, Digicare Biomedical Technology Inc., Henry Schein Inc., Medtronic Plc, Midmark Corporation, Nonin Medical Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Smiths Group plc, Vetland Medical Sales and Services and Vetronic Services Ltd.
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Key Questions Answered in This Report:
- How has the global veterinary equipment and disposables market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global veterinary equipment and disposables market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the animal type?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global veterinary equipment and disposables market and who are the key players?
- What is the degree of competition in the industry?