Market Overview:
The global veterinary equipment market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for animal-derived food products, rising awareness about animal health and hygiene, and growing number of zoos and pet clinics. In terms of type, the x-ray machines segment is expected to lead the market during the forecast period owing to its wide applications in diagnosing various diseases in animals. In terms of application, zoo segment is projected to grow at a highest CAGR during the forecast period owing to increase in number of zoos across different regions. North America accounted for majority share of global veterinary equipment market in 2017 and it is projected that this region will continue its dominance throughout 2030.
Product Definition:
Veterinary Equipment is the equipment used by veterinarians in the practice of veterinary medicine. Veterinary Equipment includes medical devices such as x-ray machines and surgical tools, as well as diagnostic and therapeutic equipment used in animal hospitals and clinics. Veterinary Equipment is important because it helps veterinarians diagnose, treat, and prevent disease in animals.
X-ray Machines:
X-ray machines are devices that produce and receive images. They operate on the principle of ionizing radiation, which is applied to a small area of the body to obtain an image. The process takes place in two steps; firstly, the source or X-ray generator produces radiations which are then absorbed by a high voltage transformer and after that, applied to the animal or human body part for imaging purposes.
Veterinary EKGs and ESUs:
The global veterinary ekg's and esu's market size was valued at USD o.5 million in 2015 and is expected to grow at a CAGR of XX% during the forecast period. The increasing demand for pet insurance, government initiatives to promote animal health & welfare, technological advancements in pet care are some of the key drivers for this market.
Application Insights:
The others application segment includes research institutes, educational institutions and government agencies. The zoo held the largest share of over 50% in 2017. Veterinary clinics and pet stores are the major buyers of veterinary equipment for animal care. These shops focus on providing high-quality products to their customers along with professional services that help them make informed decisions while purchasing such devices for their pets.
The farm is expected to be the fastest-growing application segment from 2018 to 2030 due to increasing demand from farmers across the globe for advanced technologies that help improve animal productivity as well as overall farming efficiency by reducing human efforts, time consumption.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to increasing pet adoption coupled with rising expenditure on veterinary healthcare by consumers. Moreover, high animal health awareness levels and favorable reimbursement policies are expected to drive demand for veterinary equipment over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rapid economic development coupled with increased spending on animal welfare and care by individuals, governments, and organizations across countries such as China, India, Indonesia among others.
Moreover, emerging economies in Asia Pacific region offer tremendous potential for market expansion due to growing economy along with expanding livestock population that requires proper care & attention especially during disease outbreaks or emergencies situation which can be handled only by a well-equipped clinic or hospital equipped with advanced diagnostic tools such as Veterinary EKGs & ESUs systems; X-ray machines; surgical tables etc.
Growth Factors:
- Increasing demand for animal-derived food products is expected to drive the growth of the veterinary equipment market.
- Rising awareness about animal health and hygiene is another key factor that is anticipated to fuel the demand for veterinary equipment in the near future.
- Growing number of pet owners, especially in developing countries, is projected to create lucrative opportunities for players operating in this market during the forecast period.
- Proliferation of small and medium-sized clinics across various regions is also expected to boost the growth of this market in forthcoming years. 5) Technological advancements taking place within this domain are likely to provide impetus to Veterinary Equipment Market growth over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Veterinary Equipment Market Research Report
By Type
X-ray Machines, Veterinary EKGs and ESUs, Veterinary Tables, Orthopedic Instruments, Disposable Equipment, Others
By Application
Zoo, Pet Clinic, Farm, Others
By Companies
DRE Medical, APEXX Veterinary, Paragon, EICKEMEYER, Woodley Equipment, Shank's Veterinary, Eickemeyer Veterinary, Dispomed, Patterson Veterinary, Whittemore Enterprises, DRE Medical, Medtronic, M, Jorgen Kruuse, Digicare Biomedical Technology, Hallowell Engineering & Manufacturing Corporation, Midmark Corporation, Jorgensen Laboratories, Mila Internationa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Veterinary Equipment Market Report Segments:
The global Veterinary Equipment market is segmented on the basis of:
Types
X-ray Machines, Veterinary EKGs and ESUs, Veterinary Tables, Orthopedic Instruments, Disposable Equipment, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Zoo, Pet Clinic, Farm, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DRE Medical
- APEXX Veterinary
- Paragon
- EICKEMEYER
- Woodley Equipment
- Shank's Veterinary
- Eickemeyer Veterinary
- Dispomed
- Patterson Veterinary
- Whittemore Enterprises
- DRE Medical
- Medtronic
- M
- Jorgen Kruuse
- Digicare Biomedical Technology
- Hallowell Engineering & Manufacturing Corporation
- Midmark Corporation
- Jorgensen Laboratories
- Mila Internationa
Highlights of The Veterinary Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- X-ray Machines
- Veterinary EKGs and ESUs
- Veterinary Tables
- Orthopedic Instruments
- Disposable Equipment
- Others
- By Application:
- Zoo
- Pet Clinic
- Farm
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Veterinary Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Veterinary equipment is any piece of equipment used by veterinarians in their work. This can include everything from medical tools to surgical instruments to diagnostic equipment.
Some of the major players in the veterinary equipment market are DRE Medical, APEXX Veterinary, Paragon, EICKEMEYER, Woodley Equipment, Shank's Veterinary, Eickemeyer Veterinary, Dispomed, Patterson Veterinary, Whittemore Enterprises, DRE Medical, Medtronic, M, Jorgen Kruuse, Digicare Biomedical Technology, Hallowell Engineering & Manufacturing Corporation, Midmark Corporation, Jorgensen Laboratories, Mila Internationa.
The veterinary equipment market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Veterinary Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Veterinary Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Veterinary Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Veterinary Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Veterinary Equipment Market Size & Forecast, 2020-2028
4.5.1 Veterinary Equipment Market Size and Y-o-Y Growth
4.5.2 Veterinary Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 X-ray Machines
5.2.2 Veterinary EKGs and ESUs
5.2.3 Veterinary Tables
5.2.4 Orthopedic Instruments
5.2.5 Disposable Equipment
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Zoo
6.2.2 Pet Clinic
6.2.3 Farm
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Veterinary Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Veterinary Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 X-ray Machines
9.6.2 Veterinary EKGs and ESUs
9.6.3 Veterinary Tables
9.6.4 Orthopedic Instruments
9.6.5 Disposable Equipment
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Zoo
9.10.2 Pet Clinic
9.10.3 Farm
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 X-ray Machines
10.6.2 Veterinary EKGs and ESUs
10.6.3 Veterinary Tables
10.6.4 Orthopedic Instruments
10.6.5 Disposable Equipment
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Zoo
10.10.2 Pet Clinic
10.10.3 Farm
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 X-ray Machines
11.6.2 Veterinary EKGs and ESUs
11.6.3 Veterinary Tables
11.6.4 Orthopedic Instruments
11.6.5 Disposable Equipment
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Zoo
11.10.2 Pet Clinic
11.10.3 Farm
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 X-ray Machines
12.6.2 Veterinary EKGs and ESUs
12.6.3 Veterinary Tables
12.6.4 Orthopedic Instruments
12.6.5 Disposable Equipment
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Zoo
12.10.2 Pet Clinic
12.10.3 Farm
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 X-ray Machines
13.6.2 Veterinary EKGs and ESUs
13.6.3 Veterinary Tables
13.6.4 Orthopedic Instruments
13.6.5 Disposable Equipment
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Zoo
13.10.2 Pet Clinic
13.10.3 Farm
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Veterinary Equipment Market: Competitive Dashboard
14.2 Global Veterinary Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DRE Medical
14.3.2 APEXX Veterinary
14.3.3 Paragon
14.3.4 EICKEMEYER
14.3.5 Woodley Equipment
14.3.6 Shank's Veterinary
14.3.7 Eickemeyer Veterinary
14.3.8 Dispomed
14.3.9 Patterson Veterinary
14.3.10 Whittemore Enterprises
14.3.11 DRE Medical
14.3.12 Medtronic
14.3.13 M
14.3.14 Jorgen Kruuse
14.3.15 Digicare Biomedical Technology
14.3.16 Hallowell Engineering & Manufacturing Corporation
14.3.17 Midmark Corporation
14.3.18 Jorgensen Laboratories
14.3.19 Mila Internationa
