Veterinary Equipment and Disposables Market Company Growing Demand, Top Companies, Regional Outlook Up To 2029

Veterinary Equipment and Disposables Market

Veterinary equipment and disposables are used to monitor, operate on, and treat animals with diseases. The primary drivers for the global veterinary equipment and veterinary disposables markets during the forecast period are rising animal health expenditure and growing demand for pet insurance, an increase in the number of veterinary practitioners in developed regions, and growth in the companion animals market.

Another factor contributing to the rise in pet healthcare costs is the amount of appointments with veterinary professionals for pet care. Furthermore, veterinary practitioners are under pressure to raise their fees due to the lower pay in this sector compared to other advanced-degree professions such as dentistry and law. High pet care expenses have a direct impact on the number of visits pet owners make to veterinary facilities, limiting the growth of the Veterinary Equipment and Disposables Market. During the projected period, the rescue and resuscitation category is expected to grow the quickest. In 2017, resuscitation bags had the highest market share, owing to the widespread usage of oxygen masks for regulating the animal's airway during anaesthetic procedures and supplying oxygen to animals suffering from respiratory disorders.

The Veterinary Equipment and Disposables Market is made up of critical care consumables that are used to treat animals. In 2017, it held the largest share of the market. The huge share of consumables is due to the vast number of consumables utilised with a single piece of capital equipment, as well as their widespread use in practically every aspect of veterinary care, from wound management to fluid therapy. Anesthesia equipment, temperature management equipment, rescue & resuscitation equipment, fluid management equipment, research equipment, and patient monitoring equipment are all segments of the veterinary equipment market.

The Veterinary Equipment and Disposables Market are divided into three categories: small companion animals, large animals, and others, which include zoo animals, aquatic animals, and exotic animals. The major factors driving the growth of the veterinary equipment and disposables market are increased adoption of companion pets, increased focus on safety and efficiency in livestock production, increased expenditure on animal health and preventative care, ageing pet population, and advancements in animal health products.