Veterinary Equipment and Disposables Market Research Report: by Type (Business Intelligence and Analytics Solutions, Others), Delivery Mode (On-Premise Solutions, Other), Application (Data management, Risk Management), and End User- Forecast Till 2027
ID: MRFR/HC/5929-HCR | February 2021 | Region: Global | 160 pages
Veterinary Equipment and Disposables Market Scenario
veterinary equipment and disposables market is expected to grow significantly over the forecast period. It is estimated that the veterinary equipment and disposables market is expected to register a CAGR ~ 7.5% with an estimated market value of 1.63 billion during the forecast period of 2018–2023.
The global market is driven by factors such as increasing incidence rate of zoonotic diseases, increased spending on animal health and growing pet insurance. For instance, according to the data published by the World Health Organization (WHO) in 2016, the expenses related to the prevention and control of rabies is estimated at USD 590 million annually in Asia and Africa, whereas the expenses for the prevention and control of rabies in 2015 was USD 545 million in Asia and Africa.
On the other hand, the lack of awareness regarding animal health, high cost of veterinary equipment, and unaffordability of veterinary services in certain economies is restraining the growth of veterinary equipment and disposables market. For instance, Vet Times UK in 2016 stated that more than 60% of the population in Europe were not aware that vet medicines have a positive impact on the welfare of animals.
Moreover, major companies in the market are involved in strategic collaborations to brace their position in the market. For instance, in December 2018, Henry Schein Inc. recently announced the emergence of a new standalone public company Covetrus, resulting from the spin-off of the Henry Schein Animal Health business unit following the merger with Vets First Choice. This new company would be a global, technology-enabled animal health business supporting the companion, equine, and large-animal veterinary markets across 25 countries approximately.
Veterinary Equipment and Disposables Market Segmentation
The global veterinary equipment and disposables market has been segmented into type, animal type, and end user. The market, based on type, has been segmented into critical care consumables, anesthesia equipment, fluid management equipment, temperature management equipment, research equipment, and rescue and resuscitation equipment. The market, by critical care consumables, has been further segmented into wound management consumables, fluid administration and therapy consumables, airway management consumables, gastroenterology consumables, needles, and others. The market, by anesthesia equipment, has been sub-segmented into anesthesia machines, ventilators, vaporizers, waste gas management systems, gas delivery management systems, and others. The veterinary equipment and disposables market, by research equipment, has been segmented into lab evacuation systems, and induction chambers. The market, by rescue and resuscitation equipment, has been segmented into resuscitation bags, and oxygen masks.
The market, by animal type, has been segmented into small animals and large animals. The market, by end user, has been segmented into veterinary clinics, veterinary hospitals, research institutes, and others.
The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The veterinary equipment and disposables market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada. The European veterinary equipment and disposables Industry has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The veterinary equipment and disposables Industry in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The veterinary equipment and disposables market in the Middle East & Africa has been segmented into the Middle East and Africa.
Veterinary Equipment and Disposables Market Key players
- Braun Melsungen AG
- Digicare Biomedical Technology Inc.
- DRE Medical
- Henry Schein
- Jorgensen Labs
- Medtronic
- Midmark Corporation
- Patterson Companies Inc.
- Smiths Group plc
- Vetland Medical Sales & Services
Veterinary Equipment and Disposables Regional Market Summary
Global Veterinary Equipment and Disposables Market Share (%), by Region, 2017
Source: World Health Organization (WHO), Institute of Medicine (IOM)
Geographically, the Americas is expected to dominate the global veterinary equipment and disposables market due to the increasing per capita animal healthcare expenditure. The rise in product innovation, heavy adoption of new technology, and high percentage of tech-savvy owners is anticipated to drive the growth of the market.
Europe showed a considerable amount of growth in the global veterinary equipment and disposables market. The market growth in this region is because of the presence of a well-established healthcare system and increase in insurance coverage for pets. The growth in the number of animal population coupled with the increase in the number of veterinarians is also contributing to the growth in the region. For instance, according to the facts and figures from the Royal College of Veterinary Surgeons, there were about 19,682 practicing surgeons in the UK in 2014.
Asia-Pacific is estimated to be the fastest growing region in the market due to increased pet adoptions and rise in the number of animal welfare programs. According to the India International Pet Trade Fair, the pet population in India grew from 7 million in 2006 to 10 million in 2014.
On the other hand, the Middle East & Africa has the least share of the market due to the low disposable income.
Global Veterinary Equipment and Disposables Market, by Type
- Critical Care Consumables
- Wound Management Consumables
- Fluid Administration and Therapy Consumables
- Airway Management Consumables
- Gastroenterology Consumables
- Needles
- Others
- Anesthesia Equipment
- Anesthesia Machines
- Ventilators
- Vaporizers
- Waste Gas Management Systems
- Gas Delivery Management Systems
- Others
- Fluid Management Equipment
- Temperature Management Equipment
- Patient Monitoring Equipment
- Research Equipment
- Lab Evacuation Systems
- Induction Chambers
- Rescue & Resuscitation Equipment
- Resuscitation Bags
- Oxygen Masks
- Others
Global Veterinary Equipment and Disposables Market, by Animal Type
- Small Animals
- Large Animals
Global Veterinary Equipment and Disposables Market, by End User
- Veterinary Clinics
- Veterinary Hospitals
- Research Institutes
- Others
Global Veterinary Equipment and Disposables Market, by Region
- Americas
- North America
- US
- Canada
- Latin America
- North America
- Europe
- Western Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Western Europe
- Eastern Europe
- Western Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Middle East
- Africa
Global Veterinary Equipment and Disposables Market, by Key Players
- Braun Melsungen AG
- Digicare Biomedical Technology Inc.
- DRE Medical
- Henry Schein
- Jorgensen Labs
- Medtronic
- Midmark Corporation
- Patterson Companies, Inc.
- Smiths Group plc
- Vetland Medical Sales & Services
Intended Audience
- Pharmaceutical Companies
- Research and Development (R&D) Companies
- Cancer Research Institutes
- Government Research Institute
- Academic Institutes and Universities
- Venture capitalists
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 2023: 1.63 Billion |
| CAGR | 2018-2023:~7.5% |
| Base Year | 2019 |
| Forecast Period | 2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Animal Type and End User |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Braun Melsungen AG, Digicare Biomedical Technology Inc., DRE Medical, Henry Schein, Jorgensen Labs, Medtronic, Midmark Corporation, Patterson Companies, Inc., Smiths Group plc, Vetland Medical Sales & Services |
| Key Market Opportunities |
|
| Key Market Drivers | The market is majorly driven by the increasing prevalence of zoonotic diseases and the increasing expenditure on animal health, both pet and livestock. |
Frequently Asked Questions (FAQ) :
The global veterinary equipment and disposables market is expected to reach a valuation of USD 1.63 billion by 2023.
The global veterinary equipment and disposables market is expected to exhibit a strong 7.5% CAGR over the forecast period from 2018 to 2023.
The market is majorly driven by the increasing prevalence of zoonotic diseases and the increasing expenditure on animal health, both pet and livestock.
Leading players in the market include B. Braun Melsungen, DRE Medical, Henry Schein, Medtronic, Smiths Group plc, Patterson Companies Inc., and Midmark Corporation.
The Americas, led by North America, and Europe are the leading regional markets for veterinary equipment and disposables.
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
5.3 Investment Analysis
Chapter 6. Global Veterinary Equipment and Disposables Market, by Type
6.1 Introduction
6.2 Critical Care Consumables
6.2.1 Wound Management Consumables
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.2.2 Fluid Administration and Therapy Consumables
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.2.3 Airway Management Consumables
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.2.4 Gastroenterology Consumables
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.2.5 Needles
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.2.6 Others
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.3 Anesthesia Equipment
6.3.1 Anesthesia Machines
6.3.2 Ventilators
6.3.3 Vaporizers
6.3.4 Waste Gas Management Systems
6.3.5 Gas Delivery Management Systems
6.3.6 Others
6.4 Fluid Management Equipment
6.5 Temperature Management Equipment
6.6 Patient Monitoring Equipment
6.7 Research Equipment
6.7.1 Lab Evacuation Systems
6.7.2 Induction Chambers
6.8 Rescue & Resuscitation Equipment
6.8.1 Resuscitation Bags
6.8.2 Oxygen Masks
6.9 Others
Chapter 7. Global Veterinary Equipment and Disposables Market, by Animal Type
7.1 Introduction
7.2 Small Animals
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.3 Large Animals
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 8. Global Veterinary Equipment and Disposables, by End User
8.1 Introduction
8.2 Veterinary Clinics
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
8.3 Veterinary Hospitals
Market Estimates & Forecast, by Region, 2020-2027
8.4 Market Estimates & Forecast, by Country, 2020-2027
Research Institutes
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
8.5 Others
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 9. Global Veterinary Equipment and Disposables Market, by Region
9.1 Introduction
9.2 Americas
9.2.1 North America
9.2.1.1 US
9.2.1.2 Canada
9.2.2 Latin America
9.3 Europe
9.3.1 Western Europe
9.3.1.1 Germany
9.3.1.2 France
9.3.1.3 Italy
9.3.1.4 Spain
9.3.1.5 UK
9.3.1.6 Rest of Western Europe
9.3.2 Eastern Europe
9.4 Asia-Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 South Korea
9.4.6 Rest of Asia-Pacific
9.5 Middle East & Africa
9.5.1 Middle East
9.5.2 Africa
Chapter 10. Company Landscape
10.1 Introduction
10.2 Market Share Analysis
Chapter 11. Company Profiles
11.1 B. Braun Melsungen AG
11.1.1 Company Overview
11.1.2 Product Overview
11.1.3 Financials Overview
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.2 Digicare Biomedical Technology Inc.
11.2.1 Company Overview
11.2.2 Product Overview
11.2.3 Financial Overview
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.3 DRE Medical
11.3.1 Company Overview
11.3.2 Product Overview
11.3.3 Financial Overview
11.3.4 Key Development
11.3.5 SWOT Analysis
11.4 Henry Schein
11.4.1 Company Overview
11.4.2 Product Overview
11.4.3 Financial Overview
11.4.4 Key Development
11.4.5 SWOT Analysis
11.5 Jorgensen Labs
11.5.1 Company Overview
11.5.2 Product Overview
11.5.3 Financial overview
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.6 Medtronic
11.6.1 Company Overview
11.6.2 Product Overview
11.6.3 Financial Overview
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.7 Midmark Corporation
11.7.1 Overview
11.7.2 Product Overview
11.7.3 Financial Overview
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.8 Patterson Companies, Inc.
11.8.1 Overview
11.8.2 Product Overview
11.8.3 Financials
11.8.4 Key Developments
11.8.5 SWOT Analysis
11.9 Smiths Group plc
11.9.1 Overview
11.9.2 Product Overview
11.9.3 Financials
11.9.4 Key Developments
11.9.5 SWOT Analysis
11.10 Vetland Medical Sales & Services
11.10.1 Overview
11.10.2 Product Overview
11.10.3 Financials
11.10.4 Key Developments
11.10.5 SWOT Analysis
11.11 Others
Chapter 12 MRFR Conclusion
12.1 Key Findings
12.1.1 From CEO’s View point
12.1.2 Unmet Needs of the Market
12.3 Predictions for the Veterinary Equipment and Disposables Industry
Chapter 13. Appendix
LIST OF TABLES
Table 1 Global Veterinary Equipment and Disposables Market Synopsis, 2020-2027
Table 2 Global Veterinary Equipment and Disposables Market Estimates and Forecast, 2020-2027 (USD Million)
Table 3 Global Veterinary Equipment and Disposables Market, by Type, 2020-2027 (USD Million)
Table 4 Global Veterinary Equipment and Disposables Market, by Animal Type, 2020-2027 (USD Million)
Table 5 Global Veterinary Equipment and Disposables Market, by End User, 2020-2027 (USD Million)
Table 7 Global Veterinary Equipment and Disposables Market, by Region, 2020-2027 (USD Million)
Table 6 North America: Veterinary Equipment and Disposables Market, by Type, 2020-2027 (USD Million)
Table 7 North America: Veterinary Equipment and Disposables Market, by Animal Type, 2020-2027 (USD Million)
Table 8 North America: Veterinary Equipment and Disposables Market, by End User, 2020-2027 (USD Million)
Table 9 North America: Veterinary Equipment and Disposables Market, by Region, 2020-2027 (USD Million)
Table 10 US: Veterinary Equipment and Disposables Market, by Type, 2020-2027 (USD Million)
Table 11 US: Veterinary Equipment and Disposables Market, by Animal Type, 2020-2027 (USD Million)
Table 12 US: Veterinary Equipment and Disposables Market, by End User, 2020-2027 (USD Million)
Table 13 US: Veterinary Equipment and Disposables Market, by Region, 2020-2027 (USD Million)
Table 14 Canada: Veterinary Equipment and Disposables Market, by Type, 2020-2027 (USD Million)
Table 15 Canada: Veterinary Equipment and Disposables Market, by Animal Type, 2020-2027 (USD Million)
Table 16 Canada: Veterinary Equipment and Disposables Market, by End User, 2020-2027 (USD Million)
Table 17 Canada: Veterinary Equipment and Disposables Market, by Region, 2020-2027 (USD Million)
Table 18 South America: Veterinary Equipment and Disposables Market, by Type, 2020-2027 (USD Million)
Table 19 South America: Veterinary Equipment and Disposables Market, by Animal Type, 2020-2027 (USD Million)
Table 20 South America: Veterinary Equipment and Disposables Market, by End User, 2020-2027 (USD Million)
Table 21 South America: Veterinary Equipment and Disposables Market, by Region, 2020-2027 (USD Million)
Table 22 Europe: Veterinary Equipment and Disposables Market, by Type, 2020-2027 (USD Million)
Table 23 Europe: Veterinary Equipment and Disposables Market, by Animal Type, 2020-2027 (USD Million)
Table 24 Europe: Veterinary Equipment and Disposables Market, by End User, 2020-2027 (USD Million)
Table 25 Europe: Veterinary Equipment and Disposables Market, by Region, 2020-2027 (USD Million)
Table 26 Western Europe: Veterinary Equipment and Disposables Market, by Type, 2020-2027 (USD Million)
Table 27 Western Europe: Veterinary Equipment and Disposables Market, by Animal Type, 2020-2027 (USD Million)
Table 28 Western Europe: Veterinary Equipment and Disposables Market, by End User, 2020-2027 (USD Million)
Table 29 Western Europe: Veterinary Equipment and Disposables Market, by Region, 2020-2027 (USD Million)
Table 30 Eastern Europe: Veterinary Equipment and Disposables Market, by Type, 2020-2027 (USD Million)
Table 31 Eastern Europe: Veterinary Equipment and Disposables Market, by Animal Type, 2020-2027 (USD Million)
Table 32 Eastern Europe: Veterinary Equipment and Disposables Market, by End User, 2020-2027 (USD Million)
Table 33 Eastern Europe: Veterinary Equipment and Disposables Market, by Region, 2020-2027 (USD Million)
Table 34 Asia-Pacific: Veterinary Equipment and Disposables Market, by Type, 2020-2027 (USD Million)
Table 35 Asia-Pacific: Veterinary Equipment and Disposables Market, by Animal Type, 2020-2027 (USD Million)
Table 36 Asia-Pacific: Veterinary Equipment and Disposables Market, by End User, 2020-2027 (USD Million)
Table 37 Asia-Pacific: Veterinary Equipment and Disposables Market, by Region, 2020-2027 (USD Million)
Table 38 Middle East & Africa: Veterinary Equipment and Disposables Market, by Type, 2020-2027 (USD Million)
Table 39 Middle East & Africa: Veterinary Equipment and Disposables Market, by Animal Type, 2020-2027 (USD Million)
Table 40 Middle East & Africa: Veterinary Equipment and Disposables Market, by End User, 2020-2027 (USD Million)
Table 41 Middle East & Africa: Veterinary Equipment and Disposables Market, by Region, 2020-2027 (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Veterinary Equipment and Disposables Market
Figure 3 Segmentation Market Dynamics for Global Veterinary Equipment and Disposables Market
Figure 4 Global Veterinary Equipment and Disposables Market Share, by Type, 2020 (%)
Figure 5 Global Veterinary Equipment and Disposables Market Share, by Animal Type, 2020 (%)
Figure 6 Global Veterinary Equipment and Disposables Market Share, by End User, 2020 (%)
Figure 7 Global Veterinary Equipment and Disposables Market Share, by Region, 2020 (%)
Figure 8 North America: Veterinary Equipment and Disposables Market Share, by Country, 2020 (%)
Figure 9 Europe: Veterinary Equipment and Disposables Market Share, by Country, 2020 (%)
Figure 10 Asia-Pacific: Veterinary Equipment and Disposables Market Share, by Country, 2020 (%)
Figure 11 Middle East & Africa: Veterinary Equipment and Disposables Market Share, by Country, 2020 (%)
Figure 12 Global Veterinary Equipment and Disposables Market: Company Share Analysis, 2020 (%)
Figure 13 B. Braun Melsungen AG: Key Financials
Figure 14 B. Braun Melsungen AG: Segmental Revenue
Figure 15 B. Braun Melsungen AG: Geographical Revenue
Figure 16 Digicare Biomedical Technology Inc.: Key Financials
Figure 17 Digicare Biomedical Technology Inc.: Segmental Revenue
Figure 18 Digicare Biomedical Technology Inc.: Geographical Revenue
Figure 19 DRE Medical: Key Financials
Figure 20 DRE Medical: Segmental Revenue
Figure 21 DRE Medical: Geographical Revenue
Figure 22 Henry Schein: Key Financials
Figure 23 Henry Schein: Segmental Revenue
Figure 24 Henry Schein: Geographical Revenue
Figure 25 Jorgensen Labs: Key Financials
Figure 26 Jorgensen Labs: Segmental Revenue
Figure 27 Jorgensen Labs: Geographical Revenue
Figure 28 Medtronic: Key Financials
Figure 29 Medtronic: Segmental Revenue
Figure 30 Medtronic: Geographical Revenue
Figure 31 Midmark Corporation: Key Financials
Figure 32 Midmark Corporation: Segmental Revenue
Figure 33 Midmark Corporation: Geographical Revenue
Figure 34 Patterson Companies, Inc.: Key Financials
Figure 35 Patterson Companies, Inc.: Segmental Revenue
Figure 36 Patterson Companies, Inc.: Geographical Revenue
Figure 37 Smiths Group plc: Key Financials
Figure 38 Smiths Group plc: Segmental Revenue
Figure 39 Smiths Group plc: Geographical Revenue
Figure 40 Vetland Medical Sales & Services: Key Financials
Figure 41 Vetland Medical Sales & Services: Segmental Revenue
Figure 42 Vetland Medical Sales & Services: Geographical Revenue
This table of content is tentative and subject to change as the research progresses.
Please Note: Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.