The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s veterinary disposables market report forecasts the veterinary disposables market size to grow to $0.63 Billion by 2027, with a CAGR (compound annual growth rate) of more than 13%.

Learn More On The Veterinary Disposables Market Report 2023 – https://www.thebusinessresearchcompany.com/report/veterinary-disposables-global-market-report

Veterinary Disposables Market Size Forecast
The global veterinary disposables market is expected to grow from $0.34 billion in 2022 to $0.38 billion in 2023 at a compound annual growth rate (CAGR) of 13.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The veterinary disposables market is expected to grow from $0.63 billion in 2027 at a CAGR of 13.2%.

North America held the largest veterinary disposables market share.

Key Veterinary Disposables Market Driver ­– Increase In Pet Ownership By Gen X And Gen Y Adults
According to the APPA, millennials, or Gen Y, represent the largest segment of pet owners for all types of pets. More than 80% of Gen Y and Gen Z own a dog, and 50% or less own a cat as a pet. Multiple pet ownership is also on the rise in some parts of the world. According to the 2019-2020 APPA National Pet Owners Survey, 67% of US households own pets, which is equal to 84.9 million homes. Pet owners are well aware of advanced facilities and are willing to spend a large amount of money on the health of their pets. Therefore, the rise in pet ownership aids in the growth of the veterinary disposable market.

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Key Veterinary Disposables Market Trend – Increasingly Investing In Mergers And Acquisitions
Companies in the veterinary disposables industry are increasingly investing in mergers and acquisitions with other players to drive product innovations. To succeed in the increasingly competitive veterinary disposables market, companies are entering into new geographies and developing innovative products through sharing skills and expertise with other players through acquisitions and mergers. In April 2020, Heska Corporation, a US-based company that manufactures and markets products related to companion animal care, acquired Scil Animal Care for $125 million. Through this acquisition, Heska Corporation expects to expand in the European region. Social Animal Care is a European company that specialises in the distribution of animal health laboratories and imaging diagnostic products and services.

Veterinary Disposables Market Segment
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

Veterinary Disposables Market Major Players and Strategies
Major players in the veterinary disposables market are Mindray Medical International Limited, Smiths Group PLC., B. Braun Melsungen AG, Henry Schein, DRE Veterinary, Midmark Corporation, Jorgensen Laboratories, BD, Cardinalhealth, and Medtronic.

The Veterinary Disposables Global Market Report 2023 covers regional data on veterinary disposables market size, veterinary disposables market trends and drivers, opportunities, strategies, and veterinary disposables market competitor analysis. The countries covered in the veterinary disposables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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.

View More Reports Related To The Veterinary Disposables Market –
Veterinary Medical Equipment Global Market Report 2023
Veterinary Pharmaceuticals Global Market Report 2023
Veterinary Antibiotics Global Market Report 2023

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