Overview and Scope
Veterinary disposables refer to a type of product that is meant for single use and is used during the treatment and surgeries of diseases such as cardiology and neurology diseases in animals. The product reduces patient discomfort and distress and the chances of errors during surgical operations.
Sizing and Forecast
The veterinary disposables market size has grown rapidly in recent years. It will grow from $0.43 billion in 2023 to $0.49 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to environmentally conscious solutions, enhanced veterinary facilities, rise in pet ownership, veterinary healthcare expansion, e-commerce adoption.
The veterinary disposables market size is expected to see rapid growth in the next few years. It will grow to $0.82 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to increasing veterinary care awareness, global market penetration, integration of digital health solutions, environmental sustainability focus, specialized product development. Major trends in the forecast period include shift towards sustainable solutions, rise in pet ownership, advancements in veterinary medicine, preference for single-use products, specialized product development.
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Segmentation & Regional Insights
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
North America was the largest region in the veterinary disposables market in 2023. 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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Major Driver Impacting Market Growth
Increased pet ownership is expected to contribute to the growth of the veterinary disposables market going forward. Pet ownership refers to the act of owning and caring for a domesticated animal. Pet owners are responsible for providing for their pets’ needs, including food, water, shelter, health care, and companionship. Veterinary disposables can help pet owners provide better care for their pets by increasing the availability of advanced veterinary equipment and disposables and improving the efficacy and safety of these products. For instance, in 2021, according to Chewy, Inc., a US-based online retailer of pet food and other products, there were around 977,202 pets adopted in the US in 2021, which resulted in the highest adoption rate of 61% in the past six years. Therefore, the rise in pet ownership aids in the growth of the veterinary disposable market.
Key Industry Players
Major companies operating in the veterinary disposables market report are Cardinalhealth Inc., Pfizer Inc., Abbott Laboratories, Medtronic plc, Becton Dickinson and Company, Henry Schein Inc., B. Braun Melsungen AG, Covetrus Inc., Mindray Medical International Limited, Smiths Group plc, IDEXX Laboratories Inc., Varian Medical Systems Inc., Midmark Corporation, Heska Corporation, Abaxis Inc., Nonin Medical Inc., Digicare Biomedical Technology Inc., ACON Laboratories Inc., Jorgensen Laboratories Inc., DRE Veterinary Inc., Vetland Medical Sales and Services, Zomedica Pharmaceuticals Corp., Synedgen Inc., Patterson Companies Inc., Piavita AG, TriviumVet Inc., ITL Biomedical Ltd., Central Biomedia Inc., Vetronic Services Ltd., Optomed Oyj, Dextronix Inc.
The veterinary disposables market report table of contents includes:
1. Executive Summary
2. Veterinary Disposables Market Characteristics
3. Veterinary Disposables Market Trends And Strategies
4. Veterinary Disposables Market – Macro Economic Scenario
5. Global Veterinary Disposables Market Size and Growth
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32. Global Veterinary Disposables Market Competitive Benchmarking
33. Global Veterinary Disposables Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Veterinary Disposables Market
35. Veterinary Disposables Market Future Outlook and Potential Analysis
36. Appendix
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