Japan Veterinary Equipment And Disposables Market Size & Outlook
Japan veterinary equipment and disposables market, 2018-2030 (US$M)
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Japan veterinary equipment and disposables market highlights
- The Japan veterinary equipment and disposables market generated a revenue of USD 81.0 million in 2022 and is expected to reach USD 119.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 5% 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 81.0 million |
| Market revenue in 2030 | USD 119.9 million |
| Growth rate | 5% (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, Japan accounted for 3.0% 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 Scope
Veterinary Equipment And Disposables Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 65.06% in 2022. Horizon Databook has segmented the Japan veterinary equipment and disposables market based on equipment & accessories, disposables/ consumables covering the revenue growth of each sub-segment from 2018 to 2030.
Japan veterinary equipment and disposables market is expected to grow steadily over the forecast period, owing to its growing pet population, humanization of pets, and improving life expectancy.
According to a report published in February 2021 by the United States Department of Agriculture’s (USDA) Foreign Agricultural Service, there were more pets in Japan than children. The report stated that the country had 18.13 million pet dogs and cats in October 2020, while the population of children under 15 years of age was just 15.33 million.
In addition, COVID-19 had a positive impact on pet population, with the number of new pet owners increasing as compared to that in 2019. However, in terms of pet popularity, the cat population is slowly exceeding that of dogs.
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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 Japan veterinary equipment and disposables market , including forecasts for subscribers. This country databook contains high-level insights into Japan veterinary equipment and disposables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan veterinary equipment and disposables market size, by product, 2018-2030 (US$M)
Japan Veterinary Equipment And Disposables Market Outlook Share, 2022 & 2030 (US$M)
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