The global Veterinary Equipment and Disposables Market reached a size of USD 2.73 billion in 2022 and is projected to experience a rapid revenue compound annual growth rate (CAGR) of 9% during the forecast period. The market growth is primarily driven by factors such as the increasing ownership of pets, the growing demand for animal-derived food products, and the prevalence of animal diseases.

Veterinary equipment and disposables play a crucial role in the diagnosis and treatment of animal diseases, and they are also significant for human health as they help prevent the transmission of diseases from animals to humans, including rabies, plaque, listeriosis, and query fever. The disposables segment of the veterinary equipment market offers a wide range of items, including surgical drapes, syringes, needles, feeding tubes, and catheters.

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Another factor contributing to the revenue growth of the market is the rising popularity of companion animals and the increasing concerns of pet owners regarding animal health. The demand for veterinary equipment and disposables is expected to increase due to the growing consumer demand for animal-based food products such as dairy and meat.

Key players in the Veterinary Equipment and Disposables Market:

• 3M Company
• Abaxis, Inc.
• Braun Vet Care GmbH
• Covidien plc
• Heska Corporation
• Henry Schein, Inc.
• Jorgensen Laboratories
• Medtronic
• Smiths Medical
• Vetoquinol S.A.
• Zoetis Inc.

The need for efficient diagnosis and treatment approaches is also on the rise due to the increasing prevalence of animal diseases like rabies, foot-and-mouth disease, and African swine fever. This is expected to drive the use of disposable veterinary equipment such as syringes, needles, and catheters. Additionally, the adoption of disposable equipment, which reduces the risk of cross-infection between patients and healthcare professionals, is increasing as veterinary hospitals and clinics focus on delivering high-quality treatment for animals.

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However, the market growth may be hindered by factors such as rising raw material costs and the lack of product quality standards. Furthermore, the availability of inexpensive alternatives may also restrain the market revenue growth.

In terms of product types, the global veterinary equipment and disposables market is segmented into rescue and resuscitation equipment, critical care consumables, anesthesia equipment, fluid management equipment, and temperature management equipment. The critical care consumables segment accounted for the largest revenue share in 2022 due to the rising prevalence of chronic illnesses in animals and the need for veterinary care services. Critical care consumables include catheters, feeding tubes, bandages, and syringes, which are essential for the treatment of animals undergoing vital procedures such as surgery and post-operative care.

The anesthesia equipment segment is expected to witness the fastest revenue growth rate during the forecast period, driven by the increasing demand for reliable and secure anesthetic equipment, particularly for complex surgical procedures. Anesthesia equipment such as masks, circuits, and endotracheal tubes are critical for administering and monitoring anesthesia during surgical procedures.

The fluid management equipment segment is projected to account for a significant revenue share in the global market due to the growing need for effective fluid management systems. These systems are essential for the successful treatment of animals with fluid imbalances or dehydration and include equipment such as infusion pumps, intravenous (IV) sets, and blood transfusion kits.

Based on animal types, the market is divided into livestock animals and companion animals. The livestock animals segment is expected to hold the largest revenue share during the forecast period, driven by the increasing need for veterinary care services for livestock animals such as cows, pigs, sheep, and chickens. Products such as catheters, feeding tubes, and wound dressings are crucial for the management of livestock animals during surgical procedures and critical situations.

On the other hand, the companion animal segment is expected to witness significant revenue growth, supported by the rising ownership of pets and the demand for high-quality veterinarian care services for companion animals such as dogs, cats, and horses. Products such as anesthesia equipment, fluid management equipment, and temperature management equipment play a vital role in administering anesthesia during surgical procedures and treating companion animals with fluid imbalances or dehydration.

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