Get In Touch

Veterinary equipment and disposables find their main application in surgeries, monitoring, and in the treatment of diseases found in animals. Increasing expenditure for maintaining superior animal health and rising demand for pet insurance, growing number of veterinary practitioners in the developed economies, and development in the market for companion animals are some the important factors that are helping to drive the growth of the global veterinary equipment and disposables market in the coming years of the forecast period ranging from 2018 to 2026.

In recent years, there has been massive growth in adoption of companion animals across the globe. This growth has been majorly driven because of the positive health benefits related to them such as normalization of blood pressure, improved wellbeing, better psychological stability, reduced anxiety and cardiac arrhythmias among others. With such benefits helping the adoption of animals, naturally, it is expected to have a positive impact on the development of veterinary equipment and disposables market as pet owners try to provide best possible care to their pet animals. There has been a steady rise in the number of pet ownership across the globe, which is also expected to have a positive impact on the development of the global market in coming years.

Some of the recent developments in the global veterinary equipment and disposables market are mentioned below:

  • In 2017, Vetland Medical, a key player in the global veterinary equipment and disposables market announced the launch of LAS-3000 and the Harmony 5 Electronic manual ventilation systems in their segment of anesthesia systems.
  • In 2016, Midmark, a US based company operating the veterinary equipment and disposables market announced that it has acquired VSSL Inc., another US based company to bring in early stage planning and design expertise, and embedded and built-in equipment solutions for animal health practices.

Veterinary Equipment & Disposables Market - Snapshot

Various veterinary equipment and disposables are required on a frequent basis for diagnosis and treatment of animal diseases. Availability of anesthesia equipment, monitoring equipment, and critical care consumables for treatment of various diseases among companion animals is highly valued by pet owners. Pet owners across the globe spend billions of dollars every year for diagnosis of diseases affecting their beloved pets. Increase in expenditure on animal health is expected to boost market growth in the next few years. The global veterinary equipment & disposables market was valued at US$ 1,504.7 Mn in 2017 and is projected to expand at a CAGR of 5.9% from 2018 to 2026.

global veterinary equipment & disposables market

The global veterinary equipment & disposables market has been segmented based on product type, animal type, end-user, and region. In terms of product type, the global market has been classified into anesthesia equipment, fluid management equipment, critical care consumables, temperature management equipment, patient monitoring equipment, rescue & resuscitation equipment, and research equipment. The critical care consumables segment is anticipated to account for leading share of the global market during the forecast period, owing to high consumption of these consumables during veterinary anesthesia process. Based on animal type, the global veterinary equipment & disposables market has been categorized into small animals and large animals. The small animals segment held prominent share of the global market in 2017 due to increase in adoption of companion animals and greater emphasis on wellness and pet care by owners. In terms of end-user, the global market has been bifurcated into veterinary hospitals & clinics and others. The veterinary hospitals & clinics segment is expected to account for significant share of the global market during the forecast period, due to rise in number of private clinical practices.

In terms of region, the global veterinary equipment & disposables market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe accounted for major shares of the global market in 2017. High pet ownership along with increase in spending on animal health research drive the veterinary equipment & disposables market in these regions. The market in Asia Pacific is likely to expand at a significant CAGR during the forecast period. Rise in the population of livestock animals and the consequent increase in pet adoption are projected to propel the market in the region in the next few years.

Key players operating in the global veterinary equipment & disposables market include Smiths Group plc, Henry Schein, Vetland Medical Sales & Services LLC, Patterson Companies, Inc., B. Braun Melsungen AG, DRE Medical, Jorgensen Labs, Midmark Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., and Nonin Medical, Inc. These companies have a broad product portfolio of veterinary equipment along with a strong distribution system across the globe.

Global Veterinary Equipment & Disposables Market: Overview

This report analyzes the current and future scenario of the global veterinary equipment & disposables market. Increase in the number of companion animals, rise in R&D expenditure on animal health, and surge in demand for veterinary practitioners are the major drivers of the global market.

The global veterinary equipment & disposables market report comprises an elaborate executive summary, which includes a snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to segments based on product type, animal type, end-user, and region. A detailed qualitative analysis of drivers and restraints of the market and opportunities has been provided in the overview section. Additionally, the section comprises a competitive matrix and company profiles with products portfolio to understand the competitive landscape in the market. This section of the report also provides market attractiveness analysis by region and market position analysis by key players, thereby presenting a thorough analysis of the overall competitive scenario in the global veterinary equipment & disposables market.

Global Veterinary Equipment & Disposables Market: Key Segments

The global veterinary equipment & disposables market has been segmented based on product type, animal type, end-user, and region. In terms of product type, the global market has been divided into anesthesia equipment, critical care consumables, fluid management equipment, temperature management equipment, patient monitoring equipment, rescue & resuscitation equipment, and research equipment. The anesthesia equipment segment has been categorized into anesthesia machines, vaporizers, ventilators, gas delivery management systems, and waste gas management systems. The critical care consumables segment has been classified into wound management, fluid administration & therapy, airway management, needles, and others. Based on animal type, the global veterinary equipment & disposables market has been bifurcated into small animals and large animals. In terms of end-user, the global market has been divided into veterinary hospitals & clinics and others. The market size and forecast for each of these segments have been provided for the period from 2016 to 2026, along with their respective CAGRs for the forecast period from 2018 to 2026, considering 2017 as the base year.

Global Veterinary Equipment & Disposables Market: Regional Outlook

The global veterinary equipment & disposables market has been segmented into five major regions: North America (the U.S. and Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (India, China, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa and Rest of Middle East & Africa). The market size and forecast for each of these regions and countries/sub-regions have been provided for the period from 2016 to 2026, along with their respective CAGRs for the forecast period from 2018 to 2026, considering 2017 as the base year. The research study also covers the competitive scenario in these regions.

Companies Mentioned in Report

The report also profiles major players in the global veterinary equipment & disposables market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major companies profiled in the report are Smiths Group plc, DRE Medical, Vetland Medical Sales & Services LLC, B. Braun Melsungen AG, Henry Schein, Patterson Companies, Inc., Midmark Corporation, Jorgensen Labs, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., and Nonin Medical, Inc.

The global veterinary equipment & disposables market has been segmented as below:

Product

  • Anesthesia Equipment
    • Anesthesia Machines
    • Vaporizers
    • Ventilators
    • Gas Delivery Management Systems
    • Waste Gas Management Systems
  • Critical Care Consumables
    • Wound Management
    • Fluid Administration and Therapy
    • Airway Management
    • Needles
    • Others
  • Fluid Management Equipment
  • Temperature Management Equipment
  • Patient Monitoring Equipment
  • Rescue & Resuscitation Equipment
  • Research Equipment

Animal Type

  • Small Animals
  • Large Animals

End-user

  • Veterinary Hospitals & Clinics
  • Others

Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Veterinary Equipment Disposables Market

Buy Now