South Africa Veterinary Equipment And Disposables Market Size & Outlook
South Africa veterinary equipment and disposables market, 2018-2030 (US$M)
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South Africa veterinary equipment and disposables market highlights
- The South Africa veterinary equipment and disposables market generated a revenue of USD 24.0 million in 2022 and is expected to reach USD 35.1 million by 2030.
- The South Africa 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.
Veterinary equipment and disposables market data book summary
| Market revenue in 2022 | USD 24.0 million |
| Market revenue in 2030 | USD 35.1 million |
| Growth rate | 4.9% (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, South Africa accounted for 0.9% 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 Middle East & Africa, South Africa veterinary equipment and disposables market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 12.1 million by 2030.
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Veterinary Equipment And Disposables Market Scope
Veterinary Equipment And Disposables Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 South Africa veterinary equipment and disposables market based on equipment & accessories, disposables/ consumables covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of South Africa veterinary equipment and disposables market can be attributed to rising number of government as well as nongovernment initiatives for increasing awareness regarding animal health.
For instance, in August 2018, Boehringer Ingelheim GmbH started an initiative, In Reach Africa, to enhance quality and innovation in human as well as animal healthcare. This initiative was undertaken to improve healthcare infrastructure in sub-Saharan Africa.
MediPet animal insurance in South Africa offers accident plan, essential plan, etc. catering to varying needs & affordability of pet parents. Accidental injuries resulting in fractured bone, ligament or tendon rupture, and other trauma conditions are covered under all plans.
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Target buyers of South Africa 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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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 South Africa veterinary equipment and disposables market , including forecasts for subscribers. This country databook contains high-level insights into South Africa veterinary equipment and disposables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa veterinary equipment and disposables market size, by product, 2018-2030 (US$M)
South Africa Veterinary Equipment And Disposables Market Outlook Share, 2022 & 2030 (US$M)
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