Market revenue in 2022 | USD 808.3 million |
Market revenue in 2030 | USD 1,195.7 million |
Growth rate | 5% (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 |
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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 65.31% in 2022. Horizon Databook has segmented the Europe veterinary equipment and disposables market based on equipment & accessories, disposables/ consumables covering the revenue growth of each sub-segment from 2018 to 2030.
The Europe veterinary equipment & disposables market is expected to grow at a CAGR of 7.3% during the forecast period. Enhanced veterinary health processes and high veterinary healthcare concerns in the region are among factors boosting market growth.
Veterinary medical devices are not regulated at EU level. The only exception is if they form part of a medicinal product being assessed by European Medicines Agency. For matters of accreditation and/or placing veterinary medical devices on the market, businesses should address competent national authorities of the member state concerned.
Major players in Europe market are employing various growth strategies, such as collaborations, mergers, and acquisitions to enhance their market presence. For instance, in June 2021, Veterinary Instrumentation revealed that its business is expanding into the U.S. market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe veterinary equipment and disposables market , including forecasts for subscribers. This continent databook contains high-level insights into Europe veterinary equipment and disposables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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