2025 Veterinary Equipment And Supplies Market Outlook: Key Indicators Shaping Growth Through 2034

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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 recently experienced robust growth. The market size is expected to increase from $2.1 billion in 2024 to $2.25 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%. The growth during the historical period can be linked to factors like the influence of the pandemic, advancements in surgical instruments, and the development of diagnostic equipment.

What's the Long-Term Growth Forecast for the Veterinary Equipment And Supplies Market Size Through 2029?
Expectations are high for robust expansion in the veterinary equipment and supplies market in the coming years, with predictions indicating that it will reach $3.12 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.5%. Key factors contributing to this growth during the forecast period include an increase in pet ownership, a shift towards preventive healthcare, advancements in diagnostic and imaging techniques, along with specialized veterinary services. Notable trends projected for the forecast period involve a growing demand for point-of-care testing, care for aging pets, heightened pet health awareness, specialized consumables, and a rise in research and development investments.

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What Are the Key Growth Drivers Fueling the Veterinary Equipment And Supplies Market Expansion?
The veterinary equipment and supplies market is experiencing significant growth due to the surge in animal diseases. The escalating incidence of health problems linked to obesity, including osteoarthritis, unfolds as pet obesity continues to proliferate. Veterinary equipment and supplies play a crucial role in diagnosing and treating these animal ailments. For example, the UK Health Security Agency, a government body based in the UK, reported that there was an increase from 37 to 54 confirmed toxoplasmosis cases between the same quarters of 2022 and 2023, respectively. Thus, the progressive increase in animal diseases is likely to drive the continued 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 rise of technological innovations is being recognized as a significant trend in the veterinary equipment and supplies market. Mainstream businesses in this sector are concentrating their efforts on creating technologically advanced equipment and solutions to enhance their market stance. For example, in June 2023, Zoetis, a company centered in the United States specializing in the research, development, production, and marketing of various veterinary drugs, vaccines, and diagnostics, brought forward an inventive solution to veterinary care with the introduction of Vetscan Mastigram+. This tool for on-site mastitis diagnosis uses a simple and quick dipstick test, effectively identifying gram-positive mastitis in dairy cattle within a mere eight hours, thus providing timely results before the subsequent milking process.

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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