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Veterinary Equipment and Supplies Global Market Report 2025: Projected Market Size, Growth Rate, Driving Factors, and Future Trends
Veterinary Equipment And Supplies Market Size
What Is The Projected Market Size Of The Global Veterinary Equipment And Supplies Global Market Report 2025 And Its Growth Rate?
• The market size is expected to grow from $2.1 billion in 2024 to $2.26 billion in 2025, marking a compound annual growth rate (CAGR) of 7.5%.
• The market size is projected to reach $3.13 billion in 2029 with a compound annual growth rate (CAGR) of 8.6%.
• Key growth factors include increasing pet ownership, focus on preventive healthcare, advanced diagnostics and imaging, and specialized veterinary services.
What Is Driving The Growth In The Veterinary Equipment And Supplies Global Market Report 2025?
The rise in the prevalence of diseases among animals is significantly driving the growth in the market. With the increasing number of obese pets, diseases commonly associated with obesity, such as osteoarthritis, are also on a rise. Veterinary equipment and supplies play a crucial role in the diagnosis and treatment of these diseases. This market growth is expected to continue in the future, boosted by increasing disease occurrences in animals.
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Who Are the Key Players Driving Veterinary Equipment And Supplies Global Market Report 2025 Growth?
The key players driving the growth of this market include:
• B. Braun Vet Care GmbH
• Covetrus Inc.
• BD Animal Health
• Cardinal Health Inc.
• ICU Medical Inc.
• Neogen Corporation
• Integra LifeSciences
• Midmark Corporation
• Jorgensen Laboratories LLC
• Shenzhen Mindray Animal Medical Technology Co Ltd.
What Are The Key Trends In The Veterinary Equipment And Supplies Global Market Report 2025?
Key trends in the forecast period include:
• Demand for point-of-care testing
• Increasing focus on geriatric pet care
• Shift in pet health awareness
• Growing demand for specialized consumables
• Investments in R&D for advanced solutions.
What Are The Segments Of The Global Veterinary Equipment And Supplies Global Market Report 2025?
The market can be segmented into:
1) By Type: Critical Care Consumables, Anesthesia Equipment, Fluid Management Equipment, Temperature Management Equipment, Patient Monitoring Equipment, Research Equipment, Rescue And Resuscitation Equipment
2) By Animal Type: Small Companion Animals, Large Animals
3) By End User: Veterinary Clinics, Veterinary Hospitals, Research Institutes
Which Region Leads The Veterinary Equipment And Supplies Global Market Report 2025?
In 2024, North America was the largest region for the veterinary equipment and supplies market. The other regions covered in the veterinary equipment and supplies market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Veterinary Equipment And Supplies Global Market Report 2025 Global Market Report?
Market Size Analysis: Analyze the Veterinary Equipment And Supplies Global Market Report 2025 size by key regions, countries, product types, and applications.
Market Segmentation Analysis: Identify various subsegments within the Veterinary Equipment And Supplies Global Market Report 2025 for effective categorization.
Key Player Focus on key players to define their market value, share, and competitive landscape.
Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
Market Contribution: Evaluate contributions of different segments to the overall Veterinary Equipment And Supplies Global Market Report 2025 growth.
Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
Industry Challenges: Analyze challenges and risks affecting the Veterinary Equipment And Supplies Global Market Report 2025.
Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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