Veterinary Medical Equipment Market Expected to Approach $5.2 Billion by 2030

April 8, 2026 by Marketing Posting

The Business Research Company’s 2026 market reports include new capabilities such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, aimed at improving the depth, usability, and strategic value of the insights delivered.

What Is The Forecasted Market Value Of The Aurora Kinase B Market Across 2026–2030?

The veterinary medical equipment market has seen robust expansion in recent years. Its valuation is set to increase from $3.63 billion in 2025 to $3.89 billion in 2026, reflecting a compound annual growth rate (CAGR) of 7.2%. In prior periods, this growth was primarily fueled by an expanding companion animal population, heightened awareness of animal well-being, the embrace of sophisticated diagnostic instruments, the proliferation of veterinary hospitals and clinics, and governmental efforts supporting animal welfare.

The veterinary medical equipment market is projected to experience substantial expansion over the next few years. It is anticipated to reach $5.24 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.7%. The growth during this period can be attributed to various factors, including technological advancements in imaging and monitoring, the integration of artificial intelligence into veterinary equipment, the expansion of telemedicine and remote monitoring services, increasing investments in veterinary research and development, and a rise in pet insurance and healthcare spending. Key trends expected in the forecast period include the broader integration of telemedicine, the development of portable and point-of-care devices, the adoption of minimally invasive surgical techniques, the use of predictive animal health analytics, and an emphasis on equipment standardization and modular design.

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What Major Growth Drivers Are Shaping The Outlook Of The Aurora Kinase B Market?

The veterinary medical equipment market is anticipated to be driven by an uptick in pet ownership. Pet ownership refers to the practice of individuals or households keeping animals as companions. This increase in pet ownership is primarily influenced by higher disposable incomes, a broader awareness of the emotional and physical advantages associated with pet companionship, and changing societal views that consider pets as essential family members. Veterinary medical equipment, such as home diagnostic kits and portable monitoring devices, empowers pet owners to more effectively oversee their pets’ well-being, enabling early illness detection and ensuring prompt veterinary care. For instance, in October 2024, data from the American Veterinary Medical Association indicates that the total number of dog-owning households in the U.S. is projected to reach 59.8 million in 2024, accounting for 45.5% of all U.S. households, and cat-owning households have grown to 42.1 million in 2024, representing 32.1% of all U.S. households. Consequently, the rising trend in pet ownership is fostering the expansion of the veterinary medical equipment market.

What Segmentation Levels Are Considered In The Aurora Kinase B Market?

The veterinary medical equipment market covered in this report is segmented –

1) By Type: Veterinary Diagnostic Equipment, Veterinary Anesthesia Equipment, Veterinary Patient Monitoring Equipment, Other Types

2) By Component Type: Instruments Or Equipment, Disposables

3) By Animal Type: Small Companion Animals, Large Animals, Other Animals

4) By End User: Veterinary Hospitals, Veterinary Clinics, Research Institutes

Subsegments:

1) By Veterinary Diagnostic Equipment: X-Ray Systems, Ultrasound Systems, Magnetic Resonance Imaging (Mri) Systems, Computed Tomography (Ct) Scanners, Endoscopy Devices

2) By Veterinary Anesthesia Equipment: Anesthesia Machines, Ventilators, Vaporizers, Gas Delivery Management Systems, Waste Gas Management Systems

3) By Veterinary Patient Monitoring Equipment: ECG Monitors, Blood Pressure Monitors, Respiratory Monitors, Temperature Monitors, Multiparameter Monitors

4) By Other Types: Surgical Instruments, Infusion Pumps, Dental Equipment, Laboratory Equipment

What Trends Are Projected To Affect The Veterinary Medical Equipment Market?

Leading companies in the animal services market are concentrating on technological breakthroughs, such as the Magnifico Vet MRI System, to uphold their market presence. This Magnifico Vet MRI System serves as an innovative imaging solution, significantly improving diagnostic capabilities in various veterinary settings. For example, in January 2023, Esaote North America, Inc., a US-based animal health technology company, introduced the Magnifico Vet MRI System, engineered to suit animals of diverse sizes. The environmentally conscious Magnifico Vet incorporates sustainable green permanent-magnet technology, functioning without cryogens and using substantially less power than superconducting systems. It embodies a notable accomplishment in functional design, ready to provide excellent diagnostic image quality.

Which Leading Firms Are Contributing To The Growth Of The Aurora Kinase B Market?

Major companies operating in the veterinary medical equipment market are Covetrus Inc., IDEXX Laboratories Inc., Integra LifeSciences Corporation, Mindray Medical International Limited, Midmark Corporation, Smiths Group plc, Carestream Health, Agfa-Gevaert Group, Nonin Medical, B. Braun Vet Care GmbH, Risol International Industrial Co. Limited, Guangzhou Medsinglong Import & Export Co. Ltd., Applied Bio Diagnostics Private Limited, Zoetis, Elanco, Merck Co. Inc, Vetpak, Agilis Ltd, Eickemeyer, Vetlabsupplies, Burtons, Dixion, Vic Group, Vetmarket, Draminski, Gervetusa Veterinary Surgical Instruments, X-Cel X-Ray Corp, Surgitel, Ceba, Centrovet, Hoppner Vet, Instituto Veterinario Uruguay S.A

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Which Regions Are Projected To Dominate The Aurora Kinase B Market In The Coming Years?

North America was the largest region in the veterinary medical equipment market in 2025. Asia-Pacific was the second-largest region in the veterinary medical equipment market. The regions covered in the veterinary medical equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Browse Through More Reports Similar to the Global Veterinary Medical Equipment Market 2026, By The Business Research Company

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Veterinary Patient Monitoring Equipment Global Market Report 2026

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