Germany Veterinary Equipment And Disposables Market Size & Outlook
Germany veterinary equipment and disposables market, 2018-2030 (US$M)
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Germany veterinary equipment and disposables market highlights
- The Germany veterinary equipment and disposables market generated a revenue of USD 155.6 million in 2022 and is expected to reach USD 208.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.7% 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 2022 | USD 155.6 million |
| Market revenue in 2030 | USD 208.5 million |
| Growth rate | 3.7% (CAGR from 2022 to 2030) |
| Largest segment | Equipment & accessories |
| Fastest growing segment | Disposables/ Consumables |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Germany accounted for 5.7% 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 Europe, UK veterinary equipment and disposables market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 113.2 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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Germany 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 65.42% in 2022. Horizon Databook has segmented the Germany 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 and disposables market in Germany is expected to witness significant growth during the forecast period. This can be attributed to favorable government as well as private initiatives for improving veterinary products.
Furthermore, presence of major market players, such as B. Braun Melsungen AG, and various strategic initiatives undertaken by them are expected to drive market growth. For instance, in July 2018, B. Braun’s Vet Care division partnered with CP Medical, a manufacturer of specialty surgical & wound closure products.
The country’s market is driven by various factors such as stringent government regulations associated with animal health. Growing awareness about the significance of both farm and companion animals’ health in the country is a factor contributing to market growth.
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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 country-level data and insights on the Germany veterinary equipment and disposables market , including forecasts for subscribers. This country databook contains high-level insights into Germany veterinary equipment and disposables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany veterinary equipment and disposables market size, by product, 2018-2030 (US$M)
Germany Veterinary Equipment And Disposables Market Outlook Share, 2022 & 2030 (US$M)
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