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What key factors are powering the surge in the veterinary disposables market right now?

The market for veterinary disposables has seen significant expansion in the last few years. The market which is estimated to be worth $0.49 billion in 2024, is predicted to increase to $0.55 billion by 2025, indicating a Compound Annual Growth Rate (CAGR) of 12.7%. Factors contributing to the growth during the historic period include environmentally friendly solutions, improved veterinary amenities, an increase in pet ownership, expanded veterinary healthcare, and the adoption of e-commerce.

How fast Is the veterinary disposables market expected to grow, and what’s its future value?

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What are the leading drivers of growth in the veterinary disposables market?

The escalation in the number of individuals owning pets is presumed to have a positive impact on the growth of the veterinary disposables market. The phenomenon of owning and taking care of a domestic animal is called pet ownership. It involves meeting the needs of the pet, which includes providing food, water, shelter, health care, and companionship. Veterinary disposables are highly beneficial for pet owners in providing superior care for their pets due to increased access to improved and safer advanced veterinary equipment and disposables. For instance, data from a report by the UK Parliament Committees, a legislative body based in the UK, states that in April 2023, 53% of UK adults had a pet, reflecting an increase from 51% in February 2020. Consequently, the surge in pet ownership is contributing to the growth of the veterinary disposables market.

What are the key segments defining the veterinary disposables market?

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

Subsegments:

1) By Critical Care Consumables: Intravenous (IV) Catheters, Syringes And Fluid Bags

2) By Wound Management Consumables: Bandages And Dressings, Antiseptic Solutions

3) By Fluid Administration And Therapy Consumables: IV Fluids, Infusion Sets

4) By Airway Management Consumables: Endotracheal Tubes, Oxygen Masks

5) By Gastroenterology Consumables: Feeding Tubes, Gastrostomy Tubes

6) By Needles: Hypodermic Needles, Specialty Needles

7) By Other Types: Surgical Drapes, Disposable Gloves, Diagnostic Consumables

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Who are the key players steering the development of the veterinary disposables market?

Major companies operating in the veterinary disposables market include Cardinal Health Inc., Becton Dickinson and Company, Henry Schein Inc., B. Braun Melsungen AG, Covetrus Inc., IDEXX Laboratories Inc., Midmark Corporation, Heska Corporation, Abaxis Inc., Digicare Biomedical Technology Inc., ACON Laboratories Inc., Jorgensen Laboratories Inc., DRE Veterinary Inc., Vetland Medical Sales and Services, Patterson Companies Inc., TriviumVet Inc., ITL Biomedical Ltd., Central Biomedia Inc., Vetronic Services Ltd., Dextronix Inc.

What emerging trends are influencing the growth of the veterinary disposables market?

The veterinary disposables market sees significant operations from prominent companies such as Cardinal Health Inc., Becton Dickinson and Company, Henry Schein Inc., B. Braun Melsungen AG, and Covetrus Inc. Firms like IDEXX Laboratories Inc., Midmark Corporation, Heska Corporation, and Abaxis Inc. also have a strong presence in this market. Digicare Biomedical Technology Inc., ACON Laboratories Inc., and Jorgensen Laboratories Inc. are some other major entities in this sector, while DRE Veterinary Inc., Vetland Medical Sales and Services, and Patterson Companies Inc., also have a key role. Lastly, contributions from TriviumVet Inc., ITL Biomedical Ltd., Central Biomedia Inc., Vetronic Services Ltd., and Dextronix Inc. are also notable.

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Which regions are most influential in expanding the veterinary disposables market?

North America was the largest region in the veterinary disposables market in 2024. 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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