PUBLISHER: The Business Research Company | PRODUCT CODE: 1793379
PUBLISHER: The Business Research Company | PRODUCT CODE: 1793379
Veterinary equipment and supplies encompass scientifically developed diagnostic solutions and products utilized in diagnosing, monitoring, and treating various health conditions in animals. These tools are essential for accurate disease diagnosis and treatment, aiding in the prevention of food contamination in animals.
Primary categories of veterinary equipment and supplies include critical care consumables, anesthesia equipment, fluid management devices, temperature management tools, patient monitoring equipment, research apparatus, and rescue and resuscitation gear. Critical care consumables are specifically utilized in diagnosing and treating a broad spectrum of animal ailments, serving as medical supplies crucial for animals facing life-threatening injuries or illnesses. These veterinary tools and supplies cater to the treatment of small companion animals as well as large animals, making them suitable for deployment in veterinary clinics, hospitals, and research institutes.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are having a considerable impact on the veterinary healthcare sector, particularly in the supply of pharmaceuticals, medical devices, and animal care products. Increased duties on imported veterinary medicines, diagnostic equipment, surgical tools, and pet care supplies have driven up operational costs for veterinary clinics, animal hospitals, and livestock health providers, forcing them to either raise service charges or absorb reduced profit margins. The livestock and agricultural industries are facing similar pressures, as tariffs on feed additives, vaccines, and breeding equipment push up production costs and complicate animal health management. Furthermore, retaliatory tariffs in major export markets have weakened demand for U.S.-manufactured veterinary products, adding to revenue challenges. To navigate these headwinds, the sector must now focus on local sourcing, preventive healthcare strategies, and digital veterinary solutions to control costs while continuing to deliver quality animal care.
The veterinary equipment and supplies market research report is one of a series of new reports from The Business Research Company that provides veterinary equipment and supplies market statistics, including veterinary equipment and supplies industry global market size, regional shares, competitors with a veterinary equipment and supplies market share, detailed veterinary equipment and supplies market segments, market trends and opportunities, and any further data you may need to thrive in the veterinary equipment and supplies industry. This veterinary equipment and supplies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The veterinary equipment and supplies market size has grown strongly in recent years. It will grow from $2.1 billion in 2024 to $2.25 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to pandemic influence, surgical instrumentation advances, diagnostic equipment evolution.
The veterinary equipment and supplies market size is expected to see strong growth in the next few years. It will grow to $3.12 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to rise in pet ownership, focus on preventive healthcare, advanced diagnostics and imaging, specialized veterinary services. Major trends in the forecast period include demand for point-of-care testing, geriatric pet care, shift in pet health awareness, specialized consumables, investments in R&D.
The forecast of 8.5% growth over the next five years reflects a slight reduction of 0.1% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. Trade tensions that affect stainless steel and precision tools can hamper the production of surgical and clinical veterinary instruments, raising overall equipment costs. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The rising prevalence of diseases in animals is significantly driving the growth of the veterinary equipment and supplies market. With the increasing number of obese pets, diseases commonly linked to obesity, such as osteoarthritis, are also on the rise. Veterinary equipment and supplies play a crucial role in diagnosing and treating these diseases in animals. For instance, in February 2024, the UK Health Security Agency, a government agency in the UK, reported a total of 54 confirmed cases of toxoplasmosis in the second quarter of 2023, which is an increase from 37 cases in the same quarter of 2022. Therefore, the growing prevalence of diseases in animals is anticipated to boost the veterinary equipment and supplies market in the future.
The expected increase in meat consumption is likely to be a major driving force behind the veterinary equipment and supplies market. Meat, sourced from livestock and poultry, is a fundamental food source, and the rising demand for meat leads to greater needs in livestock farming. To ensure the health of animals raised for meat production, farmers invest in veterinary equipment and supplies for regular health monitoring, disease prevention, and early illness detection. For example, in July 2024, Carlisle Technology, a US-based provider of software and hardware solutions for the food industry, reported that chicken consumption, currently at 98.90 pounds per person, is forecasted to rise to 107.50 pounds by 2033 due to its affordability and health advantages. In 2022, the average American consumed 98.90 pounds of broiler chicken per capita, and this number is expected to grow significantly by 2033. This increasing demand for meat is a crucial factor driving the expansion of the veterinary equipment and supplies market.
A prominent trend in the veterinary equipment and supplies market is the adoption of technological advancements. Leading companies in this sector are actively engaged in developing innovative technological equipment and solutions to fortify their market presence. For instance, in June 2023, Zoetis, a US-based animal health company, introduced Vetscan Mastigram+, an advanced solution in veterinary care. This on-farm mastitis diagnostic tool utilizes a rapid and straightforward flow dipstick test, enabling the swift detection of gram-positive mastitis in dairy cows within eight hours. This technological innovation, exemplified by Vetscan Mastigram+, underscores the commitment of major players to introducing cutting-edge solutions, further solidifying their positions in the veterinary equipment and supplies market.
Major players in the veterinary equipment and supplies market are actively pursuing new strategic partnerships as part of their market positioning initiatives. These strategic partnerships involve collaborative alliances formed between entities, such as companies or organizations, with the overarching goal of achieving mutual benefits and shared objectives. An illustrative example of this strategic approach occurred in January 2023 when Avante Animal Health, a US-based company specializing in veterinary medical equipment and services, entered into a partnership with the Nashville Zoo, a prominent zoological park in the United States. Through this collaboration, Avante Animal Health is committed to providing essential medical equipment and services for the HCA Healthcare Veterinary Center. By aligning with the esteemed Nashville Zoo, Avante aims to contribute significantly to the well-being and medical care of the zoo's diverse animal residents.
In March 2022, Vimian Group AB, a Sweden-based animal health company, acquired Kahu Vet Group for $0.02484 billion. Through this acquisition, Vimian Group AB seeks to expand its geographic footprint, enhance its product portfolio, improve customer service, and promote growth in the veterinary surgical market. Kahu Vet Group is a New Zealand-based supplier of veterinary products.
Major companies operating in the veterinary equipment and supplies market are B. Braun Vet Care GmbH, Covetrus Inc., BD Animal Health, Cardinal Health Inc., ICU Medical Inc., Neogen Corporation., Integra LifeSciences, Midmark Corporation, Jorgensen Laboratories LLC, Shenzhen Mindray Animal Medical Technology Co Ltd., Eickemeyer Veterinary Equipment Inc., Digicare Biomedical Technology Inc., Dispomed Ltd., Grady Medical Systems Inc., Mila International Inc., Burtons Medical Equipment Ltd., Bionet America Inc., J & J Instruments Inc., Vetronic Services Ltd., Advancis Veterinary Ltd., New Gen Medical Systems LLC, DRE Medical Inc., Smiths Group plc., Vetland Medical Sales and Services LLC, DeLaval International AB, Zoetis Inc., Ceva Sante Animale S.A., Boehringer Ingelheim Animal Health, Merck & Co. Inc., Bayer Animal Health GmbH
North America was the largest region in the veterinary equipment and supplies market in 2024. The regions covered in the veterinary equipment and supplies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the veterinary equipment and supplies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.