The new report titled ‘Global Veterinary Equipment and Supplies Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Veterinary Equipment and Supplies Market outlook over the forecast duration (2022-2030). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. 

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The global veterinary equipment and supplies market size is expected to reach USD 3.76 Billion at a steady revenue CAGR of 8.1% in 2030. One of the primary driving factors leading to increased revenue growth of this market is an increase in companion animal population. Pet ownership, for example, has reached new highs in recent years, according to statistics. According to a 2021-2022 American Pet Products Association (APPA) study, 70% of households possess a pet. During the COVID-19 outbreak, almost 30% of Americans adopted at least one pet. Every year, nearly 3 million dogs enter shelters, yet over 4.1 million are adopted. As the number of companion animals grows, so does the demand for veterinary equipment and supplies.

Smart wearable technology has been adopted for usage in pets in recent years. Wearable collar devices can be used to track a pet's movements, including activity, sleep, and sleep quality. Individuals can quantify the symptoms of illnesses like dermatitis and examine how habits like scratching alter in response to food by tracking their health behaviors. Using smart pet technology to quantify actions like scratching or shaking may aid in the early detection of skin diseases, allowing owners to respond with appropriate dietary modifications. 

Competitive Terrain:

The global Veterinary Equipment and Supplies industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Leading Market Players Profiled in the Report:

Braun SE, Covetrus, BD, Cardinal Health, Neogen Corporation, Integra LifeSciences, Midmark Corporation, Jorgensen Labs, Shenzhen Mindray Animal Medical Technology Co., LTD., and Nonin.

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Key insights presented in the report:

Market revenue shares by major business players, by type, by application, and market scope of global Veterinary Equipment and Supplies market

Sales revenue by key players and new entrants

Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers

Recent mergers, acquisitions, product launches, recent investments, and joint ventures

Regional analysis to provide insight into recent trends and opportunities

Emergen Research has segmented the global veterinary equipment and supplies market on the basis of type, application, animal type, end-use, and region:

• Type Outlook (Revenue, USD Billion; 2019–2030)

  • Critical Care Consumables
  • Anesthesia Equipment
  • Fluid Management Equipment
  • Temperature Management Equipment
  • Patient Monitoring Equipment
  • Research Equipment
  • Rescue and Resuscitation Equipment

• Application Outlook (Revenue, USD Billion; 2019–2030)

  • Surgical Application
  • Diagnosis, Monitoring, and Therapy

• Animal Type Outlook (Revenue, USD Billion; 2019–2030)

  • Small Animals
  • Large Animals
  • Others

• End-Use Outlook (Revenue, USD Billion; 2019–2030)

  • Veterinary Clinics
  • Veterinary Hospitals
  • Veterinary Research Institutes

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Regional Outlook:

North America (the U.S., Canada, Mexico)

Europe (the U.K., Germany, France, Italy)

Asia Pacific (India, China, Japan, Korea)

Latin America (Brazil, Argentina, Ecuador, Chile)

Middle East & Africa (Egypt, Turkey, Saudi Arabia, Iran)

Key Questions Answered in the Report:

What will be the estimated growth rate of the Veterinary Equipment and Supplies market by 2030?

Who are the prominent distributors, vendors, and manufacturers of the market?

What are the driving and restraining factors of the growth of the Veterinary Equipment and Supplies market throughout the forecast period?

What are the current and future market trends of the Veterinary Equipment and Supplies market?

What are the sales and price analysis of the product by types, applications, and regions?

What are the expected opportunities for the companies and new entrants in the coming years?

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