Veterinary Anesthesia Equipment Market Size, Surging Demand, Detailed Analysis, Share And Forecast To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Veterinary Anesthesia Equipment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $1.14 billion In 2028 At A CAGR Of 7.6% :

The veterinary anesthesia equipment market size has grown strongly in recent years. It will grow from $0.79 billion in 2023 to $0.85 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to increasing pet ownership, growing livestock industry, rising prevalence of chronic diseases in pets, rising awareness of the importance of pain management in animals, growing demand for quality of life treatments for animals, government support for veterinary research and development.

The veterinary anesthesia equipment market size is expected to see strong growth in the next few years. It will grow to $1.14 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing veterinary specialization, rising pet healthcare expenditure, growing importance of pain management in animals, globalization of veterinary services. Major trends in the forecast period include advancements in anesthesia techniques, minimally invasive surgery, smart and connected devices, eco-friendly anesthesia, customized anesthesia plans.

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Veterinary Anesthesia Equipment Market Major Segments
The veterinary anesthesia equipment market covered in this report is segmented -

1) By Type: Standalone Anaesthesia Machines, Portable Anaesthesia Machines
2) By Animal Type: Small, Large
3) By End User: Veterinary Hospitals, Veterinary Clinics, Emergency Service Centres, Veterinary Homecare Settings

Key Driver - Fueling Growth Rising Pet Ownership's Impact On The Veterinary Anesthesia Equipment Market

Rising pet ownership is expected to propel the growth of the veterinary anesthesia equipment market in the coming years. Pet ownership is the act of keeping a tamed animal, such as a cat, dog, bird, fish, or similar small animal, and providing for its needs. Pet ownership entails obligations such as providing food, water, housing, physical activity, and healthcare for the animal. Veterinary anesthetic equipment is essential to pet ownership since it ensures the security of pets throughout surgical operations. The need for veterinary anesthetic equipment is predicted to rise as the number of pets grows. For instance, in October 2023, according to the World Animal Foundation, a US-based site that promotes animal rights, responsible pet ownership, and compassionate awareness, ownership of dogs was more prevalent, with 65.1 million dogs compared to 46.5 million cats. Horse owners own 2.2 million horses, while 11 million households have saltwater fish tanks. Therefore, rising pet ownership is driving the veterinary anesthesia equipment market.

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Prominent Trend - Regulatory Oversight Ensuring Compliance And Safety In The Veterinary Anesthesia Equipment Market

Manufacturers of veterinary anesthesia equipment are required to adhere to stringent regulations set by various regulatory bodies. For instance, the US Food and Drug Administration's (FDA) Center for Veterinary Medicine (CVM) regulates the market for veterinary devices in the USA. The FDA issues guidelines concerning the manufacturing, procuring, packaging, branding, selling, and usage of medical devices. Also, the FDA encourages veterinarians and pet owners to report defects in veterinary medical equipment.

Veterinary Anesthesia Equipment Market Players
Major companies operating in the veterinary anesthesia equipment market include JD medical, Midmark Corporation, Smiths medical, Mindray Medical, Kent Scientific, Everest Veterinary Technology, Dispomed Ltd., Henry Schein Company, Mediquip, Patterson Scientific, DRE Veterinary, Beijing Yei Shinhang electronic technology, Vetronic Services LTD, Synthomer plc, Hallowell Engineering, Manufacturing corporation, Supera innovations, Vetland Medical, Synthomer plc., General Electric, BPL limited, Penlon Limited, Tenessee anaesthesia, CRH medical, Jorgensen Laboratories LLC, VetEquip Inc., Mds Medical Limited, Advanced Anesthesia Specialists, SurgiVet, Hallowell Engineering & Manufacturing Corporation, Supera Anesthesia Innovations, Burtons Medical Equipment Ltd, Cattani S.p.A., Eickemeyer Veterinary Equipment Inc., Jørgen Kruuse A/S, Patterson Veterinary Supply Inc., Henry Schein Animal Health Inc., ICU Medical Inc.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the veterinary anesthesia equipment market in 2023. Asia-Pacific was the second-largest region in the global veterinary anesthesia equipment market share. The regions covered in the veterinary anesthesia equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Veterinary Anesthesia Equipment Market Report Structure
3. Veterinary Anesthesia Equipment Market Trends And Strategies
4. Veterinary Anesthesia Equipment Market - Macro Economic Scenario
5. Veterinary Anesthesia Equipment Market Size And Growth
…..
27. Veterinary Anesthesia Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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