China Veterinary Equipment And Disposables Market Size & Outlook

The veterinary equipment and disposables market in China is expected to reach a projected revenue of US$ 276.2 million by 2030. A compound annual growth rate of 7.1% is expected of China veterinary equipment and disposables market from 2023 to 2030.
Revenue, 2022 (US$M)
$159.6
Forecast, 2030 (US$M)
$276.2
CAGR, 2023 - 2030
7.1%
Report Coverage
China

China veterinary equipment and disposables market, 2018-2030 (US$M)

China

Related Markets

China veterinary equipment and disposables market highlights

  • The China veterinary equipment and disposables market generated a revenue of USD 159.6 million in 2022 and is expected to reach USD 276.2 million by 2030.
  • The China market is expected to grow at a CAGR of 7.1% 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.


Veterinary equipment and disposables market data book summary

Market revenue in 2022USD 159.6 million
Market revenue in 2030USD 276.2 million
Growth rate7.1% (CAGR from 2022 to 2030)
Largest segmentEquipment & accessories
Fastest growing segmentDisposables/ Consumables
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEquipment & Accessories, Disposables/ Consumables
Key market players worldwideMedtronic PLC, B. Braun, MidMark Corporation, Masimo Corp, Covetrus, Avante Animal Health, Dispomed, Nonin Medical


Other key industry trends

  • In terms of revenue, China accounted for 5.9% of the global veterinary equipment and disposables market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China veterinary equipment and disposables market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 178.2 million by 2030.

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Veterinary Equipment And Disposables Market Companies

Name Profile # Employees HQ Website

China 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 65.54% in 2022. Horizon Databook has segmented the China veterinary equipment and disposables market based on equipment & accessories, disposables/ consumables covering the revenue growth of each sub-segment from 2018 to 2030.


The veterinary equipment & disposables market in China is projected to grow significantly in the coming years. Presence of a large number of manufacturers, distributors, and traders is expected to contribute to market growth.

For instance, Shenzhen Mindray Bio-Medical Electronics Co., Ltd. is a Chinese multinational medical devices and solutions provider. It offers a wide portfolio of patient monitoring systems, anesthesia machines, infusion pumps, in vitro diagnostic analyzers, and medical imaging equipment for veterinary applications.

In addition, rising investments to improve veterinary healthcare infrastructure are anticipated to boost the market. In September 2020, New Ruipeng Pet Healthcare Group in China received a significant amount of funding in a round involving major investors, such as Tencent (China), Boehringer Ingelheim (Germany), and Aspex Management (Hong Kong).

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Target buyers of China veterinary equipment and disposables market databook

  • Our clientele includes a mix of veterinary equipment and disposables market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 country-level data and insights on the China veterinary equipment and disposables market , including forecasts for subscribers. This country databook contains high-level insights into China veterinary equipment and disposables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China veterinary equipment and disposables market size, by product, 2018-2030 (US$M)

China Veterinary Equipment And Disposables Market Outlook Share, 2022 & 2030 (US$M)

China veterinary equipment and disposables market size, by product, 2018-2030 (US$M)

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