How the Veterinary Oxygen Therapy Market is Positioned for Growth: Trends, Market Size, and Future Opportunities (2025-2034)
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theVeterinary Oxygen Therapy Market?
An upward trend in pet ownership is anticipated to fuel the expansion of the veterinary oxygen therapy market. The spike in pet adoption can be linked to a variety of factors including social patterns, urbanization, and a tendency among younger adults to delay starting a family. Veterinary oxygen therapy provides an essential lifeline for pets suffering from respiratory issues, enabling pet owners to rest assured their cherished animals are receiving the oxygen assistance required for a quicker, smoother recovery. In October 2023, as per the American Pet Products Association, a non-profit organization based in the US, 86.9 million US households had a pet, marking an increase from 66% of households in 2022. Moreover, Animal Medicines Australia, an association advocating for animal health, reported in November 2022 that 69% of Australian households had pets in 2022. Consequently, the escalating trend of pet adoption is fuelling the growth of the veterinary oxygen therapy market.
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How Has the Veterinary Oxygen Therapy Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?
In recent times, there has been robust growth in the size of the veterinary oxygen therapy market. This market will experience an increase from $1.17 billion in 2024 to $1.27 billion in 2025, with a compound annual growth rate (CAGR) of 8.4%. Factors such as the surge in demand for veterinary services, increased spending on pet healthcare, prevalence of respiratory ailments in pets, rising demand for portable oxygen therapy solutions, and heightened awareness about animal welfare have all contributed to the growth in the historic period.
Anticipated robust expansion is observed in the veterinary oxygen therapy market size within the upcoming years. The prediction is for a growth to $1.74 billion by 2029, maintaining a compound annual growth rate (CAGR) of 8.3%. The predicted surge within the forecast period is linked to the escalating number of pet owners, the rise in adoption of pet insurance, an increased prevalence of off-beat canine infectious respiratory disease, augmentation of veterinary clinics and hospitals, and an elevated preference for home healthcare. Major forthcoming trends include technological strides in veterinary oxygen therapy, enhanced veterinary surgical equipment, the introduction of economical and portable oxygen concentrators, product innovation with superior features, and progressive respiratory support systems.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theVeterinary Oxygen Therapy Market?
Leading players in the veterinary oxygen therapy market are prioritizing technological innovation, such as tri-vent technology, to enhance oxygen delivery and management for animals, simplify usage for veterinarians, and secure improved treatment results for pets and farm animals. The tri-vent technology incorporates a three-vent design to maximize airflow, inhibit carbon dioxide accumulation, and boost safety by providing a more effective oxygen delivery and breath management system. For example, in April 2023, Pawprint Oxygen, a U.S.-based oxygen solutions firm, launched the PureVent Pet Oxygen Mask, a specialized product designed specifically for pets with respiratory issues. The mask has a triangle-shaped ergonomic design that boosts oxygen delivery while reducing harmful gas rebreathing. This design is particularly beneficial for pets dealing with health issues like congestive heart failure (CHF), asthma, and laryngeal paralysis. The tri-vent system with three strategically positioned vents enables exhaled carbon dioxide (CO2) to exit without blending with incoming oxygen, reportedly decreasing CO2 rebreathing by as much as 80%. The introduction of the PureVent Pet Oxygen Mask denotes a considerable progression in veterinary care, offering a more robust and effective solution for oxygen administration to pets, ensuring their well-being and safety.
Who Are the Key Market Players Influencing the Growth of the Corn and Veterinary Oxygen Therapy Industry?
Major companies operating in the veterinary oxygen therapy market are Atlas Copco AB, Smiths Group, Fisher & Paykel Healthcare, Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., CAIRE Inc., Wag Labs Inc., Veterinary Specialty Center, Burtons Medical Equipment Ltd., Longfian Scitech Co. Ltd., CalOx Inc., Shinova Systems Co. Ltd., Vetland Animal Health Services Private Ltd., Airnetic LLC, Imex Medical Limited, RWD Life Science Co. Ltd., AEOLUS International Pet Products LLC, Pawprint Oxygen, New Veterinary Equipment, Avante Animal Health Inc., Vetamac Inc.
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Which Key Market Segments Comprise the Veterinary Oxygen Therapy Market and Drive Its Revenue Growth?
The veterinary oxygen therapy market covered in this report is segmented –
1) By Product: Veterinary Oxygen Concentrator; Accessories
2) By Animal Type: Small Animals; Large Animals; Other Animal Types
3) By Application: Intensive Care Units (ICU); Homecare setting Or Postoperative Care; Other Applications
4) By End-User: Veterinary Hospitals; Veterinary Clinics; Other End-Users
Subsegments:
1) By Veterinary Oxygen Concentrator: Portable Oxygen Concentrators; Stationary Oxygen Concentrators; High-Flow Oxygen Concentrators
2) By Accessories: Oxygen Masks; Oxygen Tubing; Flow Meters and Regulators; Oxygen Cages and Chambers
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Which Regions Are Emerging as Leaders in the Veterinary Oxygen Therapy Market?
North America was the largest region in the veterinary oxygen therapy market in 2024. The regions covered in the veterinary oxygen therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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