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Increased Pet Ownership Driving Veterinary Disposables Market Growth: Critical Driver Shaping the Veterinary Disposables Market in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Veterinary Disposables Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Recent years have seen swift growth in the size of the veterinary disposables market. The market is projected to expand from $0.49 billion in 2024 to $0.55 billion in 2025, reflecting a compound annual growth rate (CAGR) of 12.4%. Factors such as environment-friendly solutions, improved veterinary facilities, increased pet ownership, expansion of veterinary healthcare, and the rise of e-commerce can be credited for the growth experienced in the historic period.
Veterinary Disposables Market Size Forecast: What's the Projected Valuation by 2029?
The market size for veterinary disposables is anticipated to experience swift expansion in the coming years, with an expected value of $0.92 billion by 2029, growing at a compound annual growth rate (CAGR) of 13.8%. This anticipated growth during the forecast period is due to factors such as heightened awareness of veterinary care, global market infiltration, the merger of digital health solutions, the emphasis on environmental sustainability, and the development of specialized products. The forecast period will likely see trends, including a move towards sustainable practices, the increase in pet ownership, advancements within veterinary medicine, a preference for single-use products, and continued specialized product innovation.
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What Are the Drivers Transforming the Veterinary Disposables Market?
The projected expansion of the veterinary disposables market is anticipated due to the surge in pet ownership. The term "pet ownership" denotes the possession and caretaking of a domestic animal. Pet caretakers are tasked with meeting all the needs of their pets, such as food, water, accommodation, health attention, and companionship. Veterinary disposables enhance pet treatment by improving accessibility and safety of specialised veterinary appliances and disposable items, increasing their efficacy. For example, a study released by the UK Parliament Committees, a legislative entity in the UK, indicated that by April 2023, pet ownership among UK adults had risen to 53% from 51% in February 2020. Consequently, this uptick in pet ownership propels the growth of the veterinary disposable market.
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What Long-Term Trends Will Define the Future of the Veterinary Disposables Market?
Leading players active in the veterinary disposables market are prioritizing innovation, seeking to gain a competitive upper hand. These innovative solutions look to ameliorate animal health, ramp up efficiency, and cut costs. Illustrating this point, the American pet health care firm, IDEXX Laboratories Inc., released the IDEXX Cystatin B in June 2023, the company's premier veterinary diagnostic test to identify kidney injuries in cats and dogs. The IDEXX Cystatin B Test is a straightforward urine-based test capable of detecting kidney injury even when noticeable clinical signs might be absent, offering additional insights that go beyond alterations in functional markers like SDMA and creatinine.
Which Segments in the Veterinary Disposables Market Offer the Most Profit Potential?
The veterinary disposables market covered in this report is segmented -
1) By Type: Critical Care Consumables, Wound Management Consumables, Fluid Administration And Therapy Consumables, Airway Management Consumables, Gastroenterology Consumables, Needles, Other Types
2) By Animal Type: Small Animals, Large Animals, Other Animal Types
3) By End User: Veterinary Clinics, Veterinary Hospitals, Research Institutes, Other End Users
Subsegments:
1) By Critical Care Consumables: Intravenous (IV) Catheters, Syringes And Fluid Bags
2) By Wound Management Consumables: Bandages And Dressings, Antiseptic Solutions
3) By Fluid Administration And Therapy Consumables: IV Fluids, Infusion Sets
4) By Airway Management Consumables: Endotracheal Tubes, Oxygen Masks
5) By Gastroenterology Consumables: Feeding Tubes, Gastrostomy Tubes
6) By Needles: Hypodermic Needles, Specialty Needles
7) By Other Types: Surgical Drapes, Disposable Gloves, Diagnostic Consumables
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Which Firms Dominate the Veterinary Disposables Market by Market Share and Revenue in 2025?
Major companies operating in the veterinary disposables market include Cardinal Health Inc., Becton Dickinson and Company, Henry Schein Inc., B. Braun Melsungen AG, Covetrus Inc., IDEXX Laboratories Inc., Midmark Corporation, Heska Corporation, Abaxis Inc., Digicare Biomedical Technology Inc., ACON Laboratories Inc., Jorgensen Laboratories Inc., DRE Veterinary Inc., Vetland Medical Sales and Services, Patterson Companies Inc., TriviumVet Inc., ITL Biomedical Ltd., Central Biomedia Inc., Vetronic Services Ltd., Dextronix Inc.
Which Regions Offer the Highest Growth Potential in the Veterinary Disposables Market?
North America was the largest region in the veterinary disposables market in 2024. Asia-Pacific was the second-largest region in the global veterinary disposables market analysis. The regions covered in the veterinary disposables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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