Veterinary Anesthesia Equipment Industry Valued at $1.6 Billion by 2029 With CAGR of 7.6% | Size and Share Insights
Claim your 30% discount on Global Market Reports with code ONLINE30. Limited time only.
What Are the Projected Market Size and Growth Rates for the Veterinary Anesthesia Equipment Market From 2025 To 2029?
The market for veterinary anesthesia equipment has seen robust expansion in the past few years. Projected to rise from $1.1 billion in 2024 to $1.19 billion in 2025, it exhibits a compound annual growth rate (CAGR) of 8.1%. Factors contributing to the growth during the historical period include the surge in pet ownership, expansion of the livestock industry, increased occurrence of chronic diseases in pets, heightened understanding of the necessity of pain management in animals, rising demand for treatments that improve animal quality of life, and government backing for veterinary research and development.
What Is the Projected Market Size of the Veterinary Anesthesia Equipment Market?
The market for veterinary anesthesia equipment is anticipated to witness robust growth over the next several years, increasing to $1.6 billion by 2029 with a compound annual growth rate (CAGR) of 7.6%. The growth during the predicted period can be credited to factors like enhanced veterinary specialization, increasing spending on pet healthcare, heightened focus on animal pain management, and the global expansion of veterinary services. In terms of trends for the forecast period, advancements in anesthesia techniques, minimally invasive surgical procedures, intelligent and interconnected devices, environmentally friendly anesthesia, and personalized anesthesia plans are expected to dominate.
Download The Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2453&type=smp
Who are the Major Competitors in the Veterinary Anesthesia Equipment Market Outlook?
Major companies operating in the veterinary anesthesia equipment market include JD medical, Midmark Corporation, Smiths medical, Mindray Medical, Kent Scientific, Everest Veterinary Technology, Dispomed Ltd., Henry Schein Company, Mediquip, Patterson Scientific, DRE Veterinary, Beijing Yei Shinhang electronic technology, Vetronic Services LTD, Synthomer plc, Hallowell Engineering, Manufacturing corporation, Supera innovations, Vetland Medical, Synthomer plc., General Electric, BPL limited, Penlon Limited, Tenessee anaesthesia, CRH medical, Jorgensen Laboratories LLC, VetEquip Inc., Mds Medical Limited, Advanced Anesthesia Specialists, SurgiVet, Hallowell Engineering & Manufacturing Corporation, Supera Anesthesia Innovations, Burtons Medical Equipment Ltd, Cattani S.p.A., Eickemeyer Veterinary Equipment Inc., Jørgen Kruuse A/S, Patterson Veterinary Supply Inc., Henry Schein Animal Health Inc., ICU Medical Inc.
What Is Fueling Growth in the Veterinary Anesthesia Equipment Market?
The anticipated increase in pet ownership is predicted to drive the expansion of the veterinary anesthesia equipment market in the forthcoming years. The practice of possessing a domesticated animal like a cat, dog, bird, fish, or a comparable small creature and catering to its essential needs is known as pet ownership. It includes responsibilities such as supplying food, water, shelter, physical activities, and health care for the creature. Veterinary anesthesia equipment is crucial to pet ownership as it assures the safety of pets during surgical procedures. As the pet population increases, so does the demand for veterinary anesthesia equipment. For instance, the World Animal Foundation, a US-based organization advocating for animal rights, responsible pet ownership, and empathetic consciousness, stated in October 2023 that dog ownership was higher, with 65.1 million dogs against 46.5 million cats. Additionally, there were 2.2 million horses owned and 11 million households with saltwater fish tanks. Hence, the surge in pet ownership is propelling the veterinary anesthesia equipment market.
Request For A Customized Report:
https://www.thebusinessresearchcompany.com/customise?id=2453&type=smp
Which Veterinary Anesthesia Equipment Market Segments Are Growing the Fastest?
The veterinary anesthesia equipment market covered in this report is segmented –
1) By Type: Standalone Anaesthesia Machines, Portable Anaesthesia Machines
2) By Animal Type: Small, Large
3) By End User: Veterinary Hospitals, Veterinary Clinics, Emergency Service Centres, Veterinary Homecare Settings
Subsegments:
1) By Standalone Anesthesia Machines: Conventional Standalone Anesthesia Machines, Advanced Standalone Anesthesia Machines
2) By Portable Anesthesia Machines: Battery-operated Portable Anesthesia Machines, Lightweight Portable Anesthesia Machines
Which Industry Trends Are Shaping the Future of the Veterinary Anesthesia Equipment Market?
Producers of veterinary anaesthesia devices must comply with rigorously established regulations outlined by different regulatory entities. For example, the Center for Veterinary Medicine (CVM), a subsidiary of the US Food and Drug Administration (FDA), oversees the veterinary devices market in the US. The FDA dispenses directives about the production, acquisition, packaging, labelling, selling, and application of medical appliances. Furthermore, the FDA advocates for veterinary doctors and pet owners to make known any malfunctioning in veterinary medical tools.
Access The Full Report Here:
Which Countries Are Leading the Veterinary Anesthesia Equipment Market?
North America was the largest region in the veterinary anesthesia equipment market in 2023. Asia-Pacific was the second-largest region in the global veterinary anesthesia equipment market share. The regions covered in the veterinary anesthesia equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Purchase The Full Report Today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2453
This Report Delivers Insight On:
1. How big is the veterinary anesthesia equipment market, and how is it changing globally?
2. Who are the major companies in the veterinary anesthesia equipment market, and how are they performing?
3. What are the key opportunities and risks in the veterinary anesthesia equipment market right now?
4. Which products or customer segments are growing the most in the veterinary anesthesia equipment market?
5. What factors are helping or slowing down the growth of the veterinary anesthesia equipment market?
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 310-496-7795
Asia +44 2071930708
Europe +44 7882 955267
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
