Veterinary Equipment & Supplies Market by Type (Anesthesia Equipment, Critical Care Consumables, Fluid Management Equipment), Animal Type (Large Animals, Small Companion Animals), Application, End-User - Global Forecast 2024-2030
The Veterinary Equipment & Supplies Market size was estimated at USD 2.32 billion in 2023 and expected to reach USD 2.48 billion in 2024, at a CAGR 7.10% to reach USD 3.75 billion by 2030.
Global Veterinary Equipment & Supplies Market
Veterinary equipment & supplies encompass a vast range of instruments and materials designed to diagnose and treat various ailments and conditions in animals. This field involves all the equipment that a practicing veterinarian or a veterinary clinic would require to perform their duties and services efficiently and effectively. The rising demand for animal-based protein, increasing companion animal ownership, escalating animal health expenditure, and growing awareness about zoonotic diseases increase the adoption of veterinary equipment & supplies. However, high costs associated with advanced veterinary equipment may hinder the growth of the veterinary equipment & supplies market. In addition, the technological advancements in veterinary devices and ongoing progress in animal health research are expected to create opportunities for expansion and growth within this sector.
Regional InsightsThe veterinary equipment & supplies market is evolving in the Americas owing to technological advancements, increasing adoption of pet insurance, rising animal health expenditure, and a surge in pet ownership. The Asia Pacific region is witnessing exponential growth owing to the surging awareness about animal health, increasing expenditure on pet care, and prospects for livestock production. Significant investments are directed towards improving animal healthcare infrastructure and promoting advanced veterinary care in the APAC region. The EMEA region is a diverse landscape of veterinary care characterized by robust research in veterinary medicine and high-quality standards in animal care. Investments are directed at new preventative measures and therapies for animal diseases, raising the need for efficient equipment & supplies. Besides, technological advancements in veterinary equipment & supplies to improve treatment outcomes and enhance performance are anticipated to propel the growth of the veterinary equipment & supplies market globally.
FPNV Positioning MatrixThe FPNV Positioning Matrix is pivotal in evaluating the Veterinary Equipment & Supplies Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share AnalysisThe Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Veterinary Equipment & Supplies Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company ProfilesThe report delves into recent significant developments in the Veterinary Equipment & Supplies Market, highlighting leading vendors and their innovative profiles. These include Advancis Veterinary Ltd., B. Braun SE, Becton, Dickinson and Company, Bionet America, Inc., Burtons Medical Equipment Ltd., Cardinal Health, Inc., Covetrus, Inc., Digicare Biomedical, Dispomed Ltd., DRE Medical, Inc. by Avante Animal Health, Eickmeyer, Grady Medical Systems, Integra LifeSciences Corporation, J & J Instruments, Inc., Jorgensen Laboratories, LLC, Masimo Corp., Midmark Corporation, MILA International, Inc., Naugra Medical, Neogen Corporation, New Gen Medical Systems, Nonin Medical, Inc., RWD Life Science Co., Ltd., Vetland Medical Sales & Services LLC, and Vetronic Services Ltd..
Market Segmentation & CoverageThis research report categorizes the Veterinary Equipment & Supplies Market to forecast the revenues and analyze trends in each of the following sub-markets:Type
Anesthesia Equipment
Critical Care Consumables
Fluid Management Equipment
Patient Monitoring Equipment
Rescue & Resuscitation Equipment
Research Equipment
Temperature Management Equipment
Animal Type
Large Animals
Small Companion Animals
Application
Diagnosis, Monitoring & Therapy
Surgical Application
End-User
Veterinary Clinics & Hospitals
Veterinary Laboratories
Veterinary Research Institutes
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:1. What is the market size and forecast of the Veterinary Equipment & Supplies Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Veterinary Equipment & Supplies Market?
3. What are the technology trends and regulatory frameworks in the Veterinary Equipment & Supplies Market?
4. What is the market share of the leading vendors in the Veterinary Equipment & Supplies Market?
5. Which modes and strategic moves are suitable for entering the Veterinary Equipment & Supplies Market?
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