What Has Been Veterinary Disposables Market in Recent Years?
The veterinary disposables market has seen considerable growth due to a variety of factors.
• In recent years, there has been a substantial increase in the size of the veterinary disposables market. The market, which was valued at $0.49 billion in 2024, is projected to reach $0.55 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 12.7%.
Factors such as the emergence of eco-friendly solutions, improved veterinary infrastructure, increase in pet ownership, expansion of veterinary healthcare services, and the integration of e-commerce have significantly contributed to the historic growth.
What Are The Estimated Market Size And Expected Annual Growth Rates For Globa Veterinary Disposables Market?
The veterinary disposables market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for veterinary disposables is anticipated to witness swift expansion in the following years. With a compound annual growth rate (CAGR) of 13.9%, it is predicted to reach $0.93 billion by 2029. This projected growth during the forecast period can be credited to factors such as heightened awareness about veterinary care, comprehensive global market infiltration, the integration of digital health solutions, focus on environmental sustainability, and the development of specialized products. The forecast period is also expected to see major trends like a move towards sustainable solutions, an increased number of pet owners, breakthroughs in veterinary medicine, a preference for single-use products, and more specialized product development.
What Are the Critical Driver Fuelling the Veterinary Disposables Market's Growth?
The escalating trend of pet ownership is anticipated to fuel the expansion of the veterinary disposables market. Having a pet constitutes caring for a domestic animal and meeting its essential needs such as food, water, shelter, medical services, and companionship. Veterinary disposables are instrumental in enhancing pet care by making sophisticated veterinary equipment and disposables more accessible, and augmenting their effectiveness and safety. As indicated in a report by the UK Parliament Committees, a legislative entity based in the UK in April 2023, pet ownership amongst UK adults rose from 51% in February 2020 to 53% in 2023. Thus, the surge in pet ownership contributes to the progression of the veterinary disposables market.
What Are The Key Segments Within The Global Veterinary Disposables Market?
The veterinary disposables market covered in this report is segmented –
1) By Type: Critical Care Consumables, Wound Management Consumables, Fluid Administration And Therapy Consumables, Airway Management Consumables, Gastroenterology Consumables, Needles, Other Types
2) By Animal Type: Small Animals, Large Animals, Other Animal Types
3) By End User: Veterinary Clinics, Veterinary Hospitals, Research Institutes, Other End Users
Subsegments:
1) By Critical Care Consumables: Intravenous (IV) Catheters, Syringes And Fluid Bags
2) By Wound Management Consumables: Bandages And Dressings, Antiseptic Solutions
3) By Fluid Administration And Therapy Consumables: IV Fluids, Infusion Sets
4) By Airway Management Consumables: Endotracheal Tubes, Oxygen Masks
5) By Gastroenterology Consumables: Feeding Tubes, Gastrostomy Tubes
6) By Needles: Hypodermic Needles, Specialty Needles
7) By Other Types: Surgical Drapes, Disposable Gloves, Diagnostic Consumables
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How Are New Trends Impacting The Size Of The Veterinary Disposables Market?
Prominent players in the field of veterinary disposables are aiming to gain a market advantage by launching innovative solutions. These innovative solutions are designed to improve animal health outcomes, increase efficiency and minimize expenses. For illustration, IDEXX Laboratories Inc., a company specializing in pet healthcare from the US, debuted its first veterinary diagnostic test for the detection of kidney injury in cats and dogs, IDEXX Cystatin B, in June 2023. The IDEXX Cystatin B Test is a user-friendly, urine-based test that can identify kidney damage, even when clinical symptoms may be obscure, providing additional insights beyond the changes uncovered in functional markers like SDMA and creatinine.
Who Are the Key Players in the Veterinary Disposables Market?
Major companies operating in the veterinary disposables market include:
• Cardinal Health Inc.
• Becton Dickinson and Company
• Henry Schein Inc.
• B. Braun Melsungen AG
• Covetrus Inc.
• IDEXX Laboratories Inc.
• Midmark Corporation
• Heska Corporation
• Abaxis Inc.
• Digicare Biomedical Technology Inc.
• ACON Laboratories Inc.
• Jorgensen Laboratories Inc.
• DRE Veterinary Inc.
• Vetland Medical Sales and Services
• Patterson Companies Inc.
• TriviumVet Inc.
• ITL Biomedical Ltd.
• Central Biomedia Inc.
• Vetronic Services Ltd.
• Dextronix Inc.
What are the Regional Insights into the Veterinary Disposables Market?
North America was the largest region in the veterinary disposables market in 2024. Asia-Pacific was the second-largest region in the global veterinary disposables market analysis. The regions covered in the veterinary disposables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
