Veterinary Equipment and Supplies Market Size, Trends, Analysis, and Outlook By Type (Critical Care Consumables, Anesthesia Equipment, Fluid Management Equipment, Temperature Management Equipment, Patient Monitoring Equipment, Research Equipment, Rescue & Resuscitation Equipment), By Application (Surgical, Diagnosis, Monitoring, Therapy), By Technology (Basic Equipment, Advanced Equipment, Cutting Edge Equipment), By Animal (Small Animals, Large Animals, Others), By End-User (Veterinary Clinics, Veterinary Hospitals, Veterinary Research Institutes, Veterinary Laboratories, Others), by Country, Segment, and Companies, 2024-2032
The global Veterinary Equipment and Supplies market size is poised to register 7.8% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Veterinary Equipment and Supplies market across By Type (Critical Care Consumables, Anesthesia Equipment, Fluid Management Equipment, Temperature Management Equipment, Patient Monitoring Equipment, Research Equipment, Rescue & Resuscitation Equipment), By Application (Surgical, Diagnosis, Monitoring, Therapy), By Technology (Basic Equipment, Advanced Equipment, Cutting Edge Equipment), By Animal (Small Animals, Large Animals, Others), By End-User (Veterinary Clinics, Veterinary Hospitals, Veterinary Research Institutes, Veterinary Laboratories, Others)
With the increasing demand for advanced medical technologies and the growing prevalence of complex diseases and injuries in animals, there is a rising need for veterinary equipment and supplies to support diagnostic, surgical, and therapeutic procedures in veterinary practice. Market growth is driven by factors such as expanding pet ownership, the rising expenditure on pet healthcare and wellness, and technological advancements in equipment design and functionality. Additionally, the expanding role of veterinary professionals in public health, food safety, and zoonotic disease surveillance, as well as the rising demand for specialty and referral services in veterinary medicine, contribute to market expansion. Further, the development of specialized equipment for specific animal species and medical specialties, the adoption of eco-friendly and sustainable manufacturing practices, and the emphasis on continuing education and training in veterinary technology are expected to further accelerate market growth in the coming years.
Veterinary Equipment and Supplies Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Veterinary Equipment and Supplies market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Veterinary Equipment and Supplies survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Veterinary Equipment and Supplies industry.
Key market trends defining the global Veterinary Equipment and Supplies demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.
Veterinary Equipment and Supplies Market Segmentation- Industry Share, Market Size, and Outlook to 2032
The Veterinary Equipment and Supplies industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Veterinary Equipment and Supplies companies scaling up production in these sub-segments with a focus on expanding into emerging countries.
Key strategies adopted by companies within the Veterinary Equipment and Supplies industry
Leading Veterinary Equipment and Supplies companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Veterinary Equipment and Supplies companies.
Veterinary Equipment and Supplies Market Study- Strategic Analysis Review
The Veterinary Equipment and Supplies market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Veterinary Equipment and Supplies Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Veterinary Equipment and Supplies industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.
Veterinary Equipment and Supplies Country Analysis and Revenue Outlook to 2032
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.
North America Veterinary Equipment and Supplies Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Veterinary Equipment and Supplies market segments. Similarly, Strong market demand is encouraging Canadian Veterinary Equipment and Supplies companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Veterinary Equipment and Supplies market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.
Europe Veterinary Equipment and Supplies Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Veterinary Equipment and Supplies industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Veterinary Equipment and Supplies market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Veterinary Equipment and Supplies Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Veterinary Equipment and Supplies in Asia Pacific. In particular, China, India, and South East Asian Veterinary Equipment and Supplies markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.
Latin America Veterinary Equipment and Supplies Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Veterinary Equipment and Supplies Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Veterinary Equipment and Supplies market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Veterinary Equipment and Supplies.
Veterinary Equipment and Supplies Market Company Profiles
The global Veterinary Equipment and Supplies market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Avante Animal Health, B. Braun Vet Care GmbH, BD Animal Health, Bionet America Inc, Burtons Medical Equipment Ltd, Cardinal Health, Covetrus Inc, Digicare Animal Health, Dispomed Ltd, Eickemeyer Veterinary Equipment Inc, Grady Medical Systems Inc, Hallowell Engineering & Manufacturing Corp, ICU Medical Inc, Integra LifeSciences Corp, Jorgensen Laboratories Inc, Masimo Corp, Midmark Corp, Mila International Inc, Neogen Corp, Nonin Medical Inc, RWD life science co. Ltd, Shenzhen Mindray animal medical technology co. Ltd, Vetronic Services Ltd.
Recent Veterinary Equipment and Supplies Market Developments
The global Veterinary Equipment and Supplies market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Veterinary Equipment and Supplies Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Market Segmentation:
By Type
Critical Care Consumables
Anesthesia Equipment
Fluid Management Equipment
Temperature Management Equipment
Patient Monitoring Equipment
Research Equipment
Rescue & Resuscitation Equipment
By Application
Surgical
Diagnosis
Monitoring
Therapy
By Technology
Basic Equipment
Advanced Equipment
Cutting Edge Equipment
By Animal
Small Animals
Large Animals
Others
By End-User
Veterinary Clinics
Veterinary Hospitals
Veterinary Research Institutes
Veterinary Laboratories
Others
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Companies
Avante Animal Health
B. Braun Vet Care GmbH
BD Animal Health
Bionet America Inc
Burtons Medical Equipment Ltd
Cardinal Health
Covetrus Inc
Digicare Animal Health
Dispomed Ltd
Eickemeyer Veterinary Equipment Inc
Grady Medical Systems Inc
Hallowell Engineering & Manufacturing Corp
ICU Medical Inc
Integra LifeSciences Corp
Jorgensen Laboratories Inc
Masimo Corp
Midmark Corp
Mila International Inc
Neogen Corp
Nonin Medical Inc
RWD life science co. Ltd
Shenzhen Mindray animal medical technology co. Ltd
Vetronic Services Ltd
Formats Available: Excel, PDF, and PPT