North America Veterinary Equipment And Disposables Market Size & Outlook
North America veterinary equipment and disposables market, 2018-2030 (US$M)
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North America veterinary equipment and disposables market highlights
- The North America veterinary equipment and disposables market generated a revenue of USD 955.9 million in 2022.
- The market is expected to grow at a CAGR of 4.9% 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, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 955.9 million |
| Market revenue in 2030 | USD 1,404.3 million |
| Growth rate | 4.9% (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, North America region accounted for 35.3% 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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North America 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 65.45% in 2022. Horizon Databook has segmented the North America veterinary equipment and disposables market based on equipment & accessories, disposables/ consumables covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the market for veterinary equipment and disposables and accounted for the largest revenue share of 32.09% in 2020. This can be attributed to its well-established veterinary healthcare infrastructure, increasing number of companion animals, growing animal healthcare expenditure, and focus on animal illnesses.
However, during COVID-19 pandemic, many of the authorities are recommending that elective surgeries should be avoided in animals, resulting in decline of cases of postoperative wounds. This is expected to impact market growth.
Presence of key market players, such as Smiths Medical, Nonin Medical, Inc., product innovations, presence of several animal associations, and rising awareness about animal health are among factors contributing to market growth in the region.
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Target buyers of North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America veterinary equipment and disposables market , including forecasts for subscribers. This continent databook contains high-level insights into North America veterinary equipment and disposables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America veterinary equipment and disposables market size, by country, 2018-2030 (US$M)
North America Veterinary Equipment And Disposables Market Outlook Share, 2022 & 2030 (US$M)
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