| The Global Veterinary Equipment Market in terms of revenue was estimated to be worth $2.0 billion in 2022 and is poised to reach $2.9 billion by 2027, growing at a CAGR of 8.1% from 2022 to 2027. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. Veterinary equipment and supplies are used in surgeries and the monitoring & treatment of diseases in animals. Growth in the companion animal population, growing demand for pet insurance and rising animal health expenditure, and the increasing prevalence of diseases in animals are the primary growth drivers for the global market during the forecast period.
However, high costs of veterinary equipment and rising pet care costs are expected to restrain the growth of this market to a certain extent. This problem will be further exacerbated by the low animal health awareness and shortage of skilled veterinarians in emerging markets.
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Key Players:
B. Braun Vet Care GmbH (Germany), Covetrus Inc. (US), BD Animal Health (US), Cardinal Health (US), ICU Medical, Inc. (US), Neogen Corporation (US), Integra LifeSciences (US), Midmark Corporation (US), Jorgensen Laboratories (US), Shenzhen Mindray Animal Medical Technology Co., Ltd. (China), Nonin Medical (US), Digicare Animal Health (US), Hallowell Engineering And Manufacturing Corporation (US), Grady Medical (US), Mila International Inc. (US), Burtons Medical Equipment Ltd (UK), Bionet America, Inc (South Korea), Masimo Corporation (US), Vetronic Services Ltd (UK), Advancis Veterinary (UK), New Gen Medical Systems (India), Dispomed (Canada), Eickemeyer (Germany), J & J Instruments (US), and Avante Animal Health (US). |
