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Veterinary Equipment and Disposables Market By Type (Anesthesia Equipment, Temperature Management Equipment, Critical Care Consumables, Rescue and Resuscitation, Research Equipment, Fluid Management Equipment), By End User (Hospitals, Veterinary Clinics)- Growth, Future Prospects, and Competitive Analysis, 2019 – 2027

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The veterinary equipment and disposables market is expected to exhibit lucrative growth during the forecast period.

The global veterinary equipment and disposables market is expanding steadily, with a value of US$ 1,318.4 million in 2018 and a projected value of US$ 2,374.4 million by 2027. Increasing utilization of electric and manual tools for diagnosis and testing, surgical cases, injuries, reproduction, and for ultrasound procedures or blood and fertility tests will drive the overall market’s growth.

High-tech evolution in the diagnostic industry would drive market growth. The producers are increasing the usage of equipment for top applications, mainly in dogs, cats, and horses. Additionally, rising government and private funding and increasing social responsibilities for animal safety will drive the growth significantly. Increasing social awareness associated with safe diagnosis and services among pets and cattle will assist in the overall market’s growth on a global scale.

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Market Synopsis

The disposables segment is expected to register higher growth by the end of 2027.

Global sales of veterinary equipment and disposables are growing significantly, primarily in the North American and European regions. The equipment market is fueled by growing private funding from the U.S. market. Numerous lines of veterinary equipment and disposables, mainly in the critical care and anesthesia segments, will grow significantly.

Overall, the rescue and research equipment market shows steady growth, as the new products are gaining traction in the developing markets as well due to their excellent handling and predictable absorption profiles. The revenue share from these regions can be attributed to the rising adoption of pets, the increasing commonness of injury, and diagnostic and testing procedures.

The veterinary clinics’ segment is expected to register higher growth by the end of 2027.

The clinic’s segment’s technological expansion is expected to be steady. Growth can be observed in the near futUre due to increasing awareness about new equipment products, a rise in adoption in veterinary centers, the availability of top products, and better management of pet care.

Less outsourcing of new products in developing countries, regulations, and high costs, as well as a scarcity of skilled veterinary doctors, may stymie market growth during the forecast period. Moreover, increasing admissions for arthritis (mainly dogs) and fractures due to vehicular trauma, sports injuries, and fights will further spur revenue growth during the forecast period.

Growing demand for advanced products and the presence of established players hold the U.S. in a dominant position.

In 2018, the U.S. generated the largest market share in the global veterinary equipment and disposables market. The chief factors responsible for the positive momentum are the rising prevalence of zoonotic diseases and the existence of sophisticated technology pertaining to veterinary diagnostics and surgical science.

The U.S. is the largest market owing to increasing demand for new products and the existence of well-developed veterinary infrastructure. Moreover, a growing number of partnerships with small-scale manufacturers and demand for consumables will drive the market’s growth.

However, in developing nations in the Asia Pacific, Europe, MEA, and Latin America, the availability of advanced equipment is inadequate. High cost, less awareness, and less supply in rural regions are a few factors limiting the growth of the veterinary equipment and disposables market.

Dominance of multinational manufacturers with strong product portfolios in the developed regions

Major players in the veterinary equipment and disposables market are Medtronic Plc, Vetland Medical Sales and Services LLC, Mila International, Inc., 3M Company, Smiths Medical, Digicare Biomedical Technology, Inc., Midmark Corporation, DRE Veterinary, Hallowell Engineering and Manufacturing Corporation, B. Braun Melsungen AG, Infiniti Medical, LLC, Nonin Medical, Inc., and others.

Improved veterinary diagnostic technologies with preventive care, as well as the availability of various treatment options in developing countries, will support hospital growth. Company alliances with top hospitals and partnerships for product supply will further generate maximum revenue share.

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Periods of History and Forecast

This study report includes an analysis of each segment from 2017 to 2027, with 2018 as the base year. The compound annual growth rate (CAGR) for each of the respective segments is estimated for the forecast period from 2019 to 2027.

Report Scope by Segments

The current report also includes qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities to provide a better understanding of the veterinary equipment and disposables market as a whole. Additionally, the global report also comprises a graphical representation of the competitive landscape based on their market initiatives and strategies, product portfolios, and business strengths.

Key questions are answered in this report.

  • What are the current market trends and dynamics in the veterinary equipment and disposables market, and what are the valuable opportunities for emerging players?
  • Which segment accounts for the fastest CAGR during the forecast period?
  • What is the impact of high-cost veterinary equipment?
  • What are the market trends and dynamics in emerging markets such as Japan, Latin America, the Middle East, and Africa?

Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Market Segmentation
1.3. Research Scope
1.4. Research Methodology
1.4.1. Phase I – Secondary Research
1.4.2. Phase II – Primary Research
1.4.3. Phase III – Expert Panel Review
1.4.4. Assumptions
1.5. Market Segmentation

Chapter 2. Executive Summary
2.1. Global VED Market Portraiture
2.2. Global VED Market, by Type, 2018 (US$ Mn)
2.3. Global VED Market, by End User, 2018 (US$ Mn)
2.4. Global VED Market, by Geography, 2018 (US$ Mn)

Chapter 3. Global Veterinary Equipment and Disposables (VED) Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Current Scenario: Partnership Strategies Internationally, Mergers & New Product Launches
3.3. Drivers
3.4. Challenges
3.5. Opportunities
3.6. Attractive Investment Proposition, by Geography, 2018
3.7. Competitive Landscape
3.7.1. Competitive Landscape, by Key Players, 2018

Chapter 4. Global Veterinary Equipment and Disposables (VED) Market, by Type, 2017 – 2027 (US$ Mn)
4.1. Overview
4.2. Anesthesia Equipment
4.3. Temperature Management Equipment
4.4. Critical Care Consumables
4.5. Rescue and Resuscitation
4.6. Research Equipment
4.7. Fluid Management Equipment

Chapter 5. Global Veterinary Equipment and Disposables (VED) Market, by End User, 2017 – 2027 (US$ Mn)
5.1. Overview
5.2. Hospitals
5.3. Veterinary Clinics
5.4. Others (Zoo, Farms)

Chapter 6. Global Veterinary Equipment and Disposables (VED) Market, by Geography, 2017 – 2027 (US$ Mn)
6.1. Overview
6.2. North America VED Market Analysis, 2017 – 2027
6.2.1. North America VED Market, by Type, 2017 – 2027 (US$ Mn)
6.2.2. North America VED Market, by End User, 2017 – 2027 (US$ Mn)
6.2.3. North America VED Market, by Country, 2017 – 2027 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe VED Market Analysis, 2017 – 2027
6.3.1. Europe VED Market, by Type, 2017 – 2027 (US$ Mn)
6.3.2. Europe VED Market, by End User, 2017 – 2027 (US$ Mn)
6.3.3. Europe VED Market, by Country, 2017 – 2027 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific VED Market Analysis, 2017 – 2027
6.4.1. Asia Pacific VED Market, by Type, 2017 – 2027 (US$ Mn)
6.4.2. Asia Pacific VED Market, by End User, 2017 – 2027 (US$ Mn)
6.4.3. Asia Pacific VED Market, by Country, 2017 – 2027 (US$ Mn)
6.4.3.1. Japan
6.4.3.2. China
6.4.3.3. Rest of APAC
6.5. Latin America VED Market Analysis, 2017 – 2027
6.5.1. Latin America VED Market, by Type, 2017 – 2027 (US$ Mn)
6.5.2. Latin America VED Market, by End User, 2017 – 2027 (US$ Mn)
6.5.3. Latin America VED Market, by Country, 2017 – 2027 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East & Africa (MEA) VED Market Analysis, 2017 – 2027
6.6.1. MEA VED Market, by Type, 2017 – 2027 (US$ Mn)
6.6.2. MEA VED Market, by End User, 2017 – 2027 (US$ Mn)
6.6.3. MEA VED Market, by Region, 2017 – 2027 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA

Chapter 7. Company Profiles
7.1. Medtronic Plc
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. Vetland Medical Sales and Services LLC
7.3. Mila International, Inc.
7.4. 3M Company
7.5. Smiths Medical
7.6. Digicare Biomedical Technology, Inc.
7.7. Midmark Corporation
7.8. DRE Veterinary
7.9. Hallowell Engineering and Manufacturing Corporation
7.10. B. Braun Melsungen AG
7.11. Infiniti Medical, LLC
7.12. Nonin Medical, Inc.

List of Figures

FIG. 1 Global Veterinary Equipment and Disposables (VED) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global VED Market Segmentation
FIG. 4 Global VED Market, by Type, 2018 (US$ Mn)
FIG. 5 Global VED Market, by End User, 2018 (US$ Mn)
FIG. 6 Global VED Market, by Geography, 2018 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Global Market Positioning of Key VED Manufacturers, 2018
FIG. 9 Global VED Market for Anesthesia Equipment, 2017–2027 (US$ Mn)
FIG. 10 Global VED Market for Temperature Management Equipment, 2017–2027 (US$ Mn)
FIG. 11 Global VED Market for Critical Care Consumables, 2017–2027 (US$ Mn)
FIG. 12 Global VED Market for Rescue and Resuscitation, 2017–2027 (US$ Mn)
FIG. 13 Global VED Market for Research Equipment, 2017–2027 (US$ Mn)
FIG. 14 Global VED Market for Fluid Management Equipment, 2017–2027 (US$ Mn)
FIG. 15 Global VED in Hospitals, 2017–2027 (US$ Mn)
FIG. 16 Global VED in Veterinary Clinics, 2017–2027 (US$ Mn)
FIG. 17 Global VED in Others (Zoo, Farms), 2017–2027 (US$ Mn)
FIG. 18 U.S. VED Market, 2017–2027 (US$ Mn)
FIG. 19 Canada VED Market, 2017–2027 (US$ Mn)
FIG. 20 U.K. VED Market, 2017–2027 (US$ Mn)
FIG. 21 Germany VED Market, 2017–2027 (US$ Mn)
FIG. 22 Rest of Europe VED Market, 2017–2027 (US$ Mn)
FIG. 23 Japan VED Market, 2017–2027 (US$ Mn)
FIG. 24 China VED Market, 2017–2027 (US$ Mn)
FIG. 25 Rest of Asia Pacific VED Market, 2017–2027 (US$ Mn)
FIG. 26 Brazil VED Market, 2017–2027 (US$ Mn)
FIG. 27 Mexico VED Market, 2017–2027 (US$ Mn)
FIG. 28 Rest of Latin America VED Market, 2017–2027 (US$ Mn)
FIG. 29 GCC VED Market, 2017–2027 (US$ Mn)
FIG. 30 Rest of Middle East & Africa VED Market, 2017–2027 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Veterinary Equipment and Disposables (VED) Market
TABLE 2 Global VED Market, by Type, 2017–2027 (US$ Mn)
TABLE 3 Global VED Market, by End User, 2017–2027 (US$ Mn)
TABLE 4 Global VED Market, by Geography, 2017–2027 (US$ Mn)
TABLE 5 North America VED Market, by Type, 2017–2027 (US$ Mn)
TABLE 6 North America VED Market, by End User, 2017–2027 (US$ Mn)
TABLE 7 North America VED Market, by Country, 2017–2027 (US$ Mn)
TABLE 8 Europe VED Market, by Type, 2017–2027 (US$ Mn)
TABLE 9 Europe VED Market, by End User, 2017–2027 (US$ Mn)
TABLE 10 Europe VED Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 11 Latin America VED Market, by Type, 2017–2027 (US$ Mn)
TABLE 12 Latin America VED Market, by End User, 2017–2027 (US$ Mn)
TABLE 13 Latin America VED Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 14 Asia Pacific VED Market, by Type, 2017–2027 (US$ Mn)
TABLE 15 Asia Pacific VED Market, by End User, 2017–2027 (US$ Mn)
TABLE 16 Asia Pacific VED Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 17 Middle East & Africa VED Market, by Type, 2017–2027 (US$ Mn)
TABLE 18 Middle East & Africa VED Market, by End User, 2017–2027 (US$ Mn)
TABLE 19 Middle East & Africa VED Market, by Region, 2017–2027 (US$ Mn)
TABLE 20 Medtronic Plc: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 Vetland Medical Sales and Services LLC.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 Mila International, Inc..: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 3M Company: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 Smiths Medical.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Digicare Biomedical Technology, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Midmark Corporation.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27 DRE Veterinary.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 Hallowell Engineering and Manufacturing Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 B. Braun Melsungen AG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 30 Infiniti Medical, LLC: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 31 Nonin Medical, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

Frequently Asked Question:

What is the size of Veterinary Equipment and Disposables Market?

The market for Veterinary Equipment and Disposables Market is expected to reach USD$ 2,374.4 Mn in 2027.

What is the Veterinary Equipment and Disposables Market CAGR?

The Veterinary Equipment and Disposables Market is expected to see significant CAGR growth over the coming years, at 25.7%.

What is the Forecast period considered for Veterinary Equipment and Disposables Market?

The report is forecasted from 2019 -2027.

What is the base year considered for Veterinary Equipment and Disposables Market?

The base year of this report is 2018.

Who are the major players in this market?

Mila International, Inc., 3M Company, Smiths Medical, Digicare Biomedical Technology, Inc., Midmark Corporation. are some of the major players in the global market.

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