Asia Pacific Veterinary Equipment And Disposables Market Size & Outlook
Asia Pacific veterinary equipment and disposables market, 2018-2030 (US$M)
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Asia Pacific veterinary equipment and disposables market highlights
- The Asia Pacific veterinary equipment and disposables market generated a revenue of USD 586.1 million in 2022.
- The market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
- In terms of segment, equipment & accessories was the largest revenue generating product in 2022.
- Disposables/ Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 586.1 million |
| Market revenue in 2030 | USD 990.4 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Equipment & accessories |
| Fastest growing segment | Disposables/ Consumables |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment & Accessories, Disposables/ Consumables |
| Key market players worldwide | Medtronic PLC, B. Braun, MidMark Corporation, Masimo Corp, Covetrus, Avante Animal Health, Dispomed, Nonin Medical |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.6% of the global veterinary equipment and disposables market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 990.4 million by 2030.
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Veterinary Equipment And Disposables Market Scope
Veterinary Equipment And Disposables Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific veterinary equipment and disposables market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to veterinary equipment and disposables market will help companies and investors design strategic landscapes.
Equipment & accessories was the largest segment with a revenue share of 65.36% in 2022. Horizon Databook has segmented the Asia Pacific veterinary equipment and disposables market based on equipment & accessories, disposables/ consumables covering the revenue growth of each sub-segment from 2018 to 2030.
In Asia Pacific, the market for veterinary equipment and disposables is expected to witness lucrative growth over the forecast period due to growing practice of pet adoption, increasing vigilance about animal health, intensifying livestock population, developing urbanization, and rising per capita animal health spending.
Rising R&D investment by market players and veterinary companies to develop valueadded products is anticipated to drive the market for veterinary equipment and disposables in the region. Increase in the number of veterinary hospitals and clinics in countries such as China and Japan are further boosting market growth.
In April 2020, the Animal Emergency Service, an animal hospital in Australia, specified that the country had more veterinary ventilators per head of the population than any other country. This was due to indigenous nature of conditions that can cause respiratory paralysis, including tick toxicity and several species of snake envenomation.
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Target buyers of Asia Pacific veterinary equipment and disposables market databook
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Our clientele includes a mix of veterinary equipment and disposables market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific veterinary equipment and disposables market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific veterinary equipment and disposables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific veterinary equipment and disposables market size, by country, 2018-2030 (US$M)
Asia Pacific Veterinary Equipment And Disposables Market Outlook Share, 2022 & 2030 (US$M)
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