Veterinary Consumables Market by Product (Anesthesia Supplies, Ventilator Supplies, Monitoring Supplies, Imaging Supplies, Others), by Animal Type (Companion Animal {Canine, Feline, Equine, Others}, Livestock Animal {Bovine, Swine, Others}), by Type (Disposable, Reusable), by End-user (Veterinary Hospitals, Veterinary Clinics, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2024-2032
The size of the Veterinary Consumables Market was valued at USD 1.63 USD Billion in 2023 and is projected to reach USD 6.26 USD Billion by 2032, with an expected CAGR of 21.2% during the forecast period. Growing awareness of animal health and welfare, coupled with rising pet ownership rates, is driving the market growth. Additionally, technological advancements, such as the development of smart devices for animal monitoring and diagnosis, are creating new opportunities in the market. The increasing demand for veterinary consumables is primarily driven by the growing global pet population and the rising awareness of animal health and welfare. The proliferation of pet insurance policies has also contributed to the growth of the market, as it provides pet owners with financial coverage for veterinary expenses. Furthermore, the growing incidence of chronic diseases in animals is fueling the demand for specialized veterinary consumables, such as anesthesia supplies, ventilator supplies, and monitoring supplies.
North America: The region is expected to dominate the market throughout the forecast period, owing to the high adoption of pet insurance policies, well-developed veterinary infrastructure, and growing awareness of animal health. Product: Anesthesia supplies are projected to hold the largest market share, due to the increasing number of surgical procedures performed on animals. Animal Type: Companion animals (canine and feline) are expected to account for a majority of the market share, as they are more likely to receive veterinary care than livestock animals.
Product
Animal Type
Type
End-user
This report provides a comprehensive analysis of the Veterinary Consumables Market, including:
The Veterinary Consumables Market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to remain the largest regional market, while Asia-Pacific is projected to be the fastest-growing region.
The pricing of veterinary consumables varies depending on factors such as the product type, animal type, disposable or reusable, and the specific brand. Anesthesia supplies tend to be more expensive than other product types, while companion animal products are generally more expensive than livestock animal products.
The global Veterinary Consumables Market is characterized by a well-established import and export trade. The major exporters of veterinary consumables include the United States, Germany, and China. The major importers include the United States, Japan, and the United Kingdom.
The Veterinary Consumables Market is segmented into the following categories:
The Veterinary Consumables Market is characterized by a significant number of patents and trademarks. The major patent holders include B. Braun SE, Midmark Corporation, and SunTech Medical, Inc. The major trademark holders include Avante Animal Health, B. Braun SE, and Midmark Corporation.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 21.2% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 21.2% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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