The global Veterinary Equipment And Disposables market size is expected to be worth around US$ 3.3 billion by 2027, according to a new report by Vision Research Reports.
The global Veterinary Equipment And Disposables market size was valued at US$ 1.9 billion in 2019 and is anticipated to grow at a CAGR of 7.7% during forecast period 2020 to 2027.
Demand for better veterinary critical care is boosting the growth of the market for veterinary equipment and disposables. Advancements in monitoring and therapy options such as IV fluid therapy, ventilation support, pain control are further propelling the demand. For instance, in July 2018, B. Braun Vet Care collaborated with CP Medical for marketing its veterinary infusion therapy products in the U.S. and Canada. The companion animal population is increasing, which is likely to boost the demand for veterinary equipment and disposables. The cost of veterinary care is high due to the increasing requirement of veterinary doctors, technicians, and specially designed equipment and disposables.
Growth Factors
Increasing pet health expenditure and growing concern among pet owners are driving the market. In addition, advancements in veterinary instruments and growing initiatives by the industry players are boosting the growth. Moreover, the increasing number of veterinary practitioners and their incomes in developed economies are also responsible for market growth.
Report Highlights
In terms of revenue, critical care consumables dominated the product segment and accounted for a revenue share of around 32.3% in 2019 owing to its increased consumption. In addition, the growing concern among the pet owners and an increased number of surgeries is further propelling segment growth
Wound management consumables dominated the critical care consumables segment in 2019. The growth can be attributed to the application of the consumables for various surgeries, and new product launches by the industry players
The anesthesia instruments segment is expected to show the fastest growth over the forecast period owing to the advancement in anesthesia devices and increased usage during surgeries
Companion animals dominated the animal type segment as of 2019. The growth can be attributed to the increasing ownership, rising emphasis on, and increased pet healthcare expenditure
Key Players
Smiths Medical
Nonin Medical
Mindray Medical International Limited
Digicare Animal Health
B. Braun Vet Care
Covetrus (Henry Schein)
DRE Veterinary
Vetland Medical
Midmark Corporation
Jorgensen Labs
Grady Medical
Market Segmentation
Veterinary Equipment & Disposables Product Outlook
Critical Care Consumables
Wound Management Consumables
Airway Management Consumables
Gastroenterology Consumables
Needles
Fluid Administration and Therapy Consumables
Accessories
Others
Anesthesia Equipment
Complete Anesthesia Machines
Ventilators
Vaporizers
Waste Gas Management Systems
Gas Delivery Management Systems
Accessories
Fluid Management Equipment
Large-Volume Infusion Pumps
Syringe Pumps
Temperature Management Equipment
Patient Warming Systems
Convection Warming Systems
Conduction Warming Systems
Fluid Warmers
Rescue & Resuscitation Equipment
Resuscitation Bags
Oxygen Masks
Research Equipment
Lab Evacuation Systems
Induction Chambers
Patient Monitoring Equipment
Veterinary Equipment & Disposables Animal Type Outlook
Companion Animal
Dogs
Cats
Horses
Others
Livestock Animal
Veterinary Equipment & Disposables End-use Outlook
Veterinary Hospitals/Clinics
Research Institutes
Veterinary Equipment & Disposables Regional Outlook
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Asia Pacific
Japan
China
India
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
South Africa
Saudi Arabia
The Veterinary Equipment And Disposables market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Veterinary Equipment And Disposables market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Veterinary Equipment And Disposables market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Veterinary Equipment And Disposables market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Veterinary Equipment And Disposables market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Veterinary Equipment And Disposables capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Veterinary Equipment And Disposables by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Veterinary Equipment And Disposables market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Veterinary Equipment And Disposables market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Veterinary Equipment And Disposables market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Veterinary Equipment And Disposables industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Veterinary Equipment And Disposables market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Veterinary Equipment And Disposables market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Veterinary Equipment And Disposables market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Veterinary Equipment And Disposables market. These factors have benefited the growth of the global market for Veterinary Equipment And Disposables. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Veterinary Equipment And Disposables. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Veterinary Equipment And Disposables are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Veterinary Equipment And Disposables Market, By Product
7.1. Veterinary Equipment And Disposables Market, by Product Type, 2020-2030
7.1.1. Critical Care Consumables
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Anesthesia Equipment
7.1.2.1. Market Revenue and Forecast (2016-2030)
7.1.3. Fluid Management Equipment
7.1.3.1. Market Revenue and Forecast (2016-2030)
7.1.4. Temperature Management Equipment
7.1.4.1. Market Revenue and Forecast (2016-2030)
7.1.5. Rescue & Resuscitation Equipment
7.1.5.1. Market Revenue and Forecast (2016-2030)
7.1.6. Research Equipment
7.1.6.1. Market Revenue and Forecast (2016-2030)
7.1.7. Patient Monitoring Equipment
7.1.7.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Veterinary Equipment And Disposables Market, By Animal Type
8.1. Veterinary Equipment And Disposables Market, By Animal Type, 2020-2030
8.1.1. Companion Animal
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Livestock Animal
8.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Veterinary Equipment And Disposables Market, By End-use
9.1. Veterinary Equipment And Disposables Market, By End-use, 2020-2030
9.1.1. Veterinary Hospitals/Clinics
9.1.1.1. Market Revenue and Forecast (2016-2030)
9.1.2. Research Institutes
9.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 10. Global Veterinary Equipment And Disposables Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2016-2030)
10.1.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.1.3. Market Revenue and Forecast, By End-use (2016-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.1.4.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.1.4.3. Market Revenue and Forecast, By End-use (2016-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.1.5.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.1.5.3. Market Revenue and Forecast, By End-use (2016-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2016-2030)
10.2.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.2.3. Market Revenue and Forecast, By End-use (2016-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.2.4.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.2.4.3. Market Revenue and Forecast, By End-use (2016-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.2.5.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.2.5.3. Market Revenue and Forecast, By End-use (2016-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product (2016-2030)
10.2.6.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.2.6.3. Market Revenue and Forecast, By End-use (2016-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product (2016-2030)
10.2.7.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.2.7.3. Market Revenue and Forecast, By End-use (2016-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2016-2030)
10.3.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.3.3. Market Revenue and Forecast, By End-use (2016-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.3.4.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.3.4.3. Market Revenue and Forecast, By End-use (2016-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.3.5.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.3.5.3. Market Revenue and Forecast, By End-use (2016-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product (2016-2030)
10.3.6.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.3.6.3. Market Revenue and Forecast, By End-use (2016-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product (2016-2030)
10.3.7.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.3.7.3. Market Revenue and Forecast, By End-use (2016-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.4.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.4.3. Market Revenue and Forecast, By End-use (2016-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.4.4.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.4.4.3. Market Revenue and Forecast, By End-use (2016-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.4.5.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.4.5.3. Market Revenue and Forecast, By End-use (2016-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product (2016-2030)
10.4.6.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.4.6.3. Market Revenue and Forecast, By End-use (2016-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product (2016-2030)
10.4.7.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.4.7.3. Market Revenue and Forecast, By End-use (2016-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.5.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.5.3. Market Revenue and Forecast, By End-use (2016-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.5.4.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.5.4.3. Market Revenue and Forecast, By End-use (2016-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.5.5.2. Market Revenue and Forecast, By Animal Type (2016-2030)
10.5.5.3. Market Revenue and Forecast, By End-use (2016-2030)
Chapter 11. Company Profiles
11.1. Smiths Medical
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Nonin Medical
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Mindray Medical International Limited
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Digicare Animal Health
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. B. Braun Vet Care
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Covetrus (Henry Schein)
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. DRE Veterinary
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Vetland Medical
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Midmark Corporation
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Jorgensen Labs
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. Grady Medical
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives
11.12. Boston Scientific Corporation
11.12.1. Company Overview
11.12.2. Product Offerings
11.12.3. Financial Performance
11.12.4. Recent Initiatives
11.13. OBP Medical Corporation
11.13.1. Company Overview
11.13.2. Product Offerings
11.13.3. Financial Performance
11.13.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
Glossary of Terms