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

As per The Business Research Company’s Veterinary Disposables Global Market Report 2023, the veterinary disposables market is expected to show significant growth in the forecast period.

Key insights from the veterinary disposables market forecast include:

1. Market Size

The global market for veterinary disposables is projected to increase from $0.34 billion in 2022 to $0.38 billion in 2023, achieving a 13.4% CAGR. Anticipated market growth will lead to a size of $0.63 billion in 2027, with a 13.2% CAGR.

2. Major Driver

Increased pet ownership by Gen X and Gen Y adults drove growth in the veterinary disposables market historically. According to the APPA, millennials, representing the largest pet owner segment, have high pet ownership rates, particularly for dogs. Multiple pet ownership is also increasing globally. In the US, 67% of households own pets (84.9 million homes). Pet owners prioritize their pets’ health, resulting in significant spending. Consequently, rising pet ownership contributes to veterinary disposables market growth.

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

3. Key Trend
4. In the veterinary disposables industry, companies are increasingly engaging in mergers and acquisitions to foster product innovation. To thrive in the competitive market, they expand into new regions and create innovative products by collaborating with other players. In April 2020, Heska Corporation, a US-based companion animal care product manufacturer, acquired Scil Animal Care for $125 million, aiming to broaden its presence in Europe. Scil Animal Care specializes in distributing animal health laboratory and imaging diagnostic products and services in Europe.

5. Largest Region

North America was the largest region in the veterinary disposables market in 2022.

6. Major Players

Major players in the food diagnostics 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.

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Key Veterinary Disposables Market Segments
The global veterinary disposables market 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

The Veterinary Disposables Global Market Report 2023  provides an in-depth analysis on the veterinary disposables market size, trends and drivers, opportunities, strategies, and companies 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.

View More Related Reports –
Veterinary Diagnostic Equipment Global Market Report 2023
Veterinary Medical Equipment Global Market Report 2023
Veterinary Patient Monitoring Equipment Global Market Report 2023

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