Dublin, Sept. 14, 2018 (GLOBE NEWSWIRE) -- The "Veterinary Equipment and Disposables Market by Product (Consumables, Anesthesia Machines, Ventilators, Patient Monitoring, Oxygen Masks, Infusion Pumps), Animal (Cats, Dogs, Equines, Bovines), End User (Hospitals, Clinics) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global veterinary equipment and disposables market is projected to reach USD 2.40 billion by 2023 from USD 1.63 billion in 2018, at a CAGR of 8.0% during the forecast period of 2018 to 2023.

Rising animal health expenditure and growing demand for pet insurance, increasing number of veterinary practitioners in developed regions, and growth in the companion animals market are the primary drivers for the global veterinary equipment and disposables market during the forecast period. However, the increasing cost of pet care and a focus on alternatives to animal testing are expected to restrain the growth of this market to a certain extent.

On the basis of type, the veterinary equipment and disposables market is segmented into anesthesia equipment, temperature management equipment, critical care consumables, rescue & resuscitation equipment, fluid management equipment, research equipment, and patient monitoring equipment. The critical care consumables segment is expected to register the highest CAGR during the forecast period. The high growth rate of this segment is mainly due to the increasing use of consumables in the monitoring and treatment of animals owing to the growing incidence of diseases.

Based on end user, the veterinary equipment and disposables market is broadly segmented into veterinary clinics, veterinary hospitals, and research institutes. The veterinary clinics segment is the fastest-growing segment in the veterinary equipment and disposables market during the forecast period. The growing number of patient visits, an increasing number of private clinical practices, and increasing revenues of veterinary clinics are therefore key factors driving the demand for veterinary equipment and disposables in veterinary clinics.

North America is expected to hold the largest share of the global veterinary equipment and disposables market in 2018. On the other hand, the APAC region is expected to witness the highest CAGR during the forecast period, due to the growing population of companion & livestock animals and rising per capita income in these countries.

Key Topics Covered:

1 Introduction

2 Research Methodology

2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Market Ranking Estimation
2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights

4.1 Veterinary Equipment and Disposables Market Overview
4.2 Asia Pacific: Veterinary Equipment and Disposables Market, By End User and Country, 2017
4.3 Veterinary Equipment and Disposables Market: Geographic Growth Opportunities
4.4 Veterinary Equipment and Disposables Market: Geographic Mix, 2018 vs 2023
4.5 Veterinary Equipment and Disposables Market: Developing vs Developed Countries

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Key Market Drivers
5.2.1.1 Growth in Companion Animal Population
5.2.1.2 Rising Demand for Pet Insurance With Growing Animal Health Expenditure
5.2.1.3 Growth in the Number of Veterinary Practitioners and Income Levels in Developed Economies
5.2.2 Key Market Restraints
5.2.2.1 Rising Pet Care Costs
5.2.2.2 Alternatives to Animal Testing
5.2.3 Key Market Opportunities
5.2.3.1 Untapped Emerging Markets
5.2.4 Key Challenges
5.2.4.1 Lack of Animal Healthcare Awareness in Emerging Markets
5.2.4.2 Shortage of Veterinarians in Emerging Markets
5.3 Industry Trends
5.3.1 Rising Adoption of Big Data and Wearable Devices
5.3.2 Growing Size of Veterinary Businesses

6 Veterinary Equipment and Disposables Market, By Type

6.1 Introduction
6.2 Critical Care Consumables
6.2.1 Wound Management Consumables
6.2.2 Fluid Administration and Therapy Consumables
6.2.3 Airway Management Consumables
6.2.4 Gastroenterology Consumables
6.2.5 Needles
6.2.6 Reproduction Consumables
6.2.7 Urology Consumables
6.2.8 Consumable Product Accessories
6.3 Anesthesia Equipment
6.3.1 Anesthesia Machines
6.3.2 Ventilators
6.3.3 Vaporizers
6.3.4 Waste Gas Management Systems
6.3.5 Gas Delivery Management Systems
6.4 Fluid Management Equipment
6.4.1 Large-Volume Infusion Pumps
6.4.2 Syringe Pumps
6.5 Temperature Management Equipment
6.5.1 Patient Warming Systems
6.5.1.1 Convection Warming Systems
6.5.1.2 Conduction Warming Systems
6.5.2 Fluid Warmers
6.6 Patient Monitoring Equipment
6.7 Research Equipment
6.7.1 Lab Evacuation Systems
6.7.2 Induction Chambers
6.8 Rescue & Resuscitation Equipment
6.8.1 Resuscitation Bags
6.8.2 Oxygen Masks

7 Veterinary Equipment and Disposables Market, By Animal Type

7.1 Introduction
7.2 Small Companion Animals
7.2.1 Dogs
7.2.2 Cats
7.2.3 Other Small Companion Animals
7.3 Large Animals
7.3.1 Equines
7.3.2 Bovines and Other Farm Animals
7.4 Other Animals

8 Veterinary Equipment and Disposables Market, By End User

8.1 Introduction
8.2 Veterinary Clinics
8.3 Veterinary Hospitals
8.4 Research Institutes

9 Veterinary Equipment and Disposables Market, By Region

10 Competitive Landscape

10.1 Overview
10.2 Market Ranking Analysis
10.3 Competitive Scenario
10.3.1 Acquisitions
10.3.2 Agreements and Collaborations
10.3.3 Product Launch

11 Company Profiles

  • Dre Veterinary
  • Henry Schein
  • Smiths Group
  • Midmark
  • Jorgenson Laboratories
  • Mindray Medical
  • Nonin Medical
  • Vetland Medical
  • B. Braun
  • Digicare Biomedical
  • Hallowell Emc
  • Grady Medical
  • Mila International
  • Burtons Medical

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Related Topics: Animal Healthcare/Veterinary