Rising Prevalence Of Animal Diseases Drives Growth In Veterinary Equipment And Supplies Market: Core Growth Enabler in the Veterinary Equipment And Supplies Market, 2025

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What Will the Veterinary Equipment And Supplies Industry Market Size Be by 2025?
The market for veterinary equipment and supplies has seen significant expansion in the past few years. Growth is estimated to increase from $2.1 billion in 2024 to $2.26 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%. The historic period's growth can be traced back to the impacts of the pandemic, advancements in surgical instruments, and the progression of diagnostic equipment.

What's the Long-Term Growth Forecast for the Veterinary Equipment And Supplies Market Size Through 2029?
Anticipated to witness significant expansion in the forthcoming years, the market size of veterinary equipment and supplies is projected to reach $3.13 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.6%. The growth during the forecast period can be credited to increased pet adoption, emphasis on preventive health care, advancements in diagnostic procedures and imaging techniques, along with specialized veterinary services. Key trends during the forecasted timeframe encompass the demand for point-of-care testing, elderly pet care, a shift towards pet health awareness, specialized consumables, and investments in research & development.

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What Are the Key Growth Drivers Fueling the Veterinary Equipment And Supplies Market Expansion?
The growth of the veterinary equipment and supplies market is being significantly influenced by the rising incidence of diseases in animals. The growing population of overweight pets correlates with an increase in obesity-related conditions, such as osteoarthritis. Veterinary equipment and supplies play a crucial role in diagnosing and treating these ailments in animals. For instance, the UK Health Security Agency, a government organization in the UK, reported a rise in confirmed toxoplasmosis cases in February 2024, with a total of 54 cases in the second quarter of 2023, compared to 37 cases during the same period in 2022. Hence, the escalating incidence of diseases in animals is predicted to further stimulate the growth of the veterinary equipment and supplies market.

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What Are the Key Trends Driving Veterinary Equipment And Supplies Market Growth?
The advent of technological innovations has become a notable trend within the veterinary equipment and supplies market. The primary entities within this sector are concentrating on the creation of novel tech-based equipment and solutions to fortify their foothold in the market. For example, Zoetis, an American animal health firm with a specialty in discovering, developing, producing, and marketing a broad range of veterinary medicines, vaccines, and diagnostic products, launched its pioneering solution, the Vetscan Mastigram+, in June 2023. This innovative tool for on-farm mastitis diagnosis features a quick and simple flow dipstick test, facilitating the identification of gram-positive mastitis in dairy cows in just eight hours, delivering results promptly before the subsequent milking cycle.

How Is the Veterinary Equipment And Supplies Market Segmented?
The veterinary equipment and supplies market covered in this report is segmented -

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

Subsegments:
1) By Critical Care Consumables: IV Catheters, Syringes and Needles, Surgical Drapes and Covers, Wound Care Supplies
2) By Anesthesia Equipment: Anesthesia Machines, Vaporizers, Endotracheal Tubes, Anesthesia Monitors,
3) By Fluid Management Equipment: Infusion Pumps, IV Fluids, Fluid Warmers, Fluid Administration Sets
4) By Temperature Management Equipment: Heating Pads, Warm Air Blankets, Temperature Monitors
5) By Patient Monitoring Equipment: ECG Monitors, Pulse Oximeters, Blood Pressure Monitors, Capnography Monitors
6) By Research Equipment: Imaging Equipment, Laboratory Equipment, Research Models and Manikins
7) By Rescue And Resuscitation Equipment: Defibrillators, Emergency Oxygen Masks, Resuscitation Bags, Cardiac Monitors

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Which Companies Are Leading the Charge in Veterinary Equipment And Supplies Market Innovation?
Major companies operating in the veterinary equipment and supplies market are 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., Eickemeyer Veterinary Equipment Inc., Digicare Biomedical Technology Inc., Dispomed Ltd., Grady Medical Systems Inc., Mila International Inc., Burtons Medical Equipment Ltd., Bionet America Inc., J & J Instruments Inc., Vetronic Services Ltd., Advancis Veterinary Ltd., New Gen Medical Systems LLC, DRE Medical Inc., Smiths Group plc., Vetland Medical Sales and Services LLC, DeLaval International AB, Zoetis Inc., Ceva Santé Animale S.A., Boehringer Ingelheim Animal Health, Merck & Co. Inc., Bayer Animal Health GmbH

Which Regions Are Leading the Global Veterinary Equipment And Supplies Market in Revenue?
North America was the largest region in the veterinary equipment and supplies market in 2024. The regions covered in the veterinary equipment and supplies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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