US Veterinary Equipment and Disposables Market Size Likely to Surpass at a CAGR of 5.1% By 2033

As per the current market research conducted by the CMI Team, the US Veterinary Equipment and Disposables Market size is expected to record a CAGR of 5.1% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 968.4 Million. By 2033, the valuation is anticipated to reach USD 1,515.2 Million.

US Veterinary Equipment and Disposables Market: Growth Factors and Dynamics

• Increasing Pet Ownership: Currently, there is an increased population of people owning pets in the US and this has put pressure on the demand for veterinary services as well as products. There are more households today owning pets and so there is an increasing demand for diagnostic and surgical as well as preventative equipment and disposables which has led to market growth and innovation in the sector.

• Advancements in Veterinary Technology: There are always new improvements made in veterinary medicine such as imaging, diagnostic and surgical equipment improving health care. These innovations compel the investment in modern veterinary tools and disposables which leads to better diagnosis and treatment hence increasing the market growth.

• Rising Veterinary Care Expenditure: Higher spending of consumers on pet health and wellness contributes to the higher demand for quality veterinary equipment and disposables. Pet owners are becoming more inclined to spend on superior care, such as state of the art medical services and equipment and preventive products thus enhancing market growth and the development of new technologies.

• Expansion of Veterinary Clinics and Hospitals: The increase in several clinics and hospitals that operate in the United States has resulted in a large market for veterinary equipment and disposables. These new buildings and enlargements involve up-to-date apparatus and materials which means a new market will arise when they try to meet the demand for the treatment services and customers.

• Focus on Preventive Care: Largely due to the increased focus on maintaining our pets’ health by diagnosing diseases early, there is increased usage of diagnostic instruments and products that are disposable. Periodic examinations and requisite diagnostic tests, together with preventive products, contribute to the constant demand for such products, hence, the market growth equates to overall pet owners’ active approach to pet health.

• Regulatory and Safety Standards: High regulatory and safety requirements for veterinary affiliations mean that high quality compliant equipment and disposables must be used. Veterinary practices have to follow these regulations and due to this, the demand for accurate, regulatory compliant products increases, positively contributing to the development of the market and patients’ protection.

• Growth of Veterinary Telemedicine: The increasing number of veterinary telemedicine and remote consultations triggered the need for sophisticated diagnostic equipment and disposable. This trend will foster the adoption of remote diagnostics and monitoring solutions in an attempt to complement virtual consulting.

US Veterinary Equipment and Disposables Market: Partnership and Acquisitions

• In 2024, IDEXX Laboratories Inc. launched the IDEXX inVue Dx Cellular Analyzer, a pioneering slide-free device that detects common cytologic changes in ear and blood samples. This innovative analyzer enhances diagnostic accuracy and efficiency in veterinary practices.

• In 2023, Dispomed acquired ARVS, boosting its ability to offer veterinary clinics advanced medical equipment and technical services. This acquisition enhances Dispomed’s capabilities in delivering comprehensive solutions and support, further strengthening its position in the veterinary equipment market.

Report Scope

US Veterinary Equipment and Disposables Market: COVID-19 Analysis

The COVID-19 pandemic has significantly impacted the US Veterinary Equipment and Disposables Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

• Reduced Veterinary Visits: During the pandemic, many veterinary practices experienced a decline in routine visits and elective procedures due to lockdowns and social distancing measures. This led to decreased demand for certain veterinary equipment and disposables as non-essential services were postponed.

• Supply Chain Disruptions: The pandemic caused significant disruptions in global supply chains, affecting the availability of veterinary equipment and disposables. These disruptions led to shortages and delays in product deliveries, impacting the operations of veterinary clinics and hospitals.

• Increased Pet Health Spending: As the pandemic subsided, pet owners began prioritizing their pets’ health more than ever, leading to increased spending on veterinary services and products. This renewed focus on pet care has driven demand for veterinary equipment and disposables.

• Expansion of Telemedicine Services: The rise of veterinary telemedicine during the pandemic continued post-COVID, driving demand for remote diagnostic tools and equipment. Telemedicine has become a permanent fixture in veterinary care, enhancing access to services and supporting ongoing market recovery.

• Adoption of Enhanced Safety Measures: Veterinary practices have adopted enhanced safety protocols and infection control measures, including the use of disposable products and sanitization equipment. This shift has increased the demand for disposable and safety-related veterinary supplies.

• Rebuilding Supply Chains: Efforts to rebuild and strengthen supply chains have mitigated the impact of previous disruptions. Manufacturers and suppliers have implemented strategies to ensure a more reliable flow of veterinary equipment and disposables, improving market stability.

• Renewed Veterinary Facility Investment: The recovery period has seen increased investment in upgrading veterinary facilities and acquiring new equipment. As practices seek to enhance their capabilities and patient care, there is a growing demand for modern veterinary equipment and disposables, supporting overall market growth.

In conclusion, the COVID-19 pandemic has had a mixed impact on the US Veterinary Equipment and Disposables Market, with some challenges and opportunities arising from the pandemic.

List of the prominent players in the US Veterinary Equipment and Disposables Market:

• Zoetis Inc.
• Boehringer Ingelheim Animal Health
• Elanco Animal Health Incorporated
• Mars Petcare Inc.
• CVS Health Corporation (Animal Health Division)
• Idexx Laboratories Inc.
• Smiths Medical (a part of Smiths Group plc)
• Nasco
• VetScan (part of Abaxis Inc.)
• Heska Corporation
• Surgical Holdings
• MediVet America Inc.
• American Veterinary Products
• Jorgensen Labs Inc.
• Bioniche Animal Health
• Others

The US Veterinary Equipment and Disposables Market is segmented as follows:

By Animal Type

• Companion Animals
  • Dogs
  • Cats
  • Other Small Pets
• Farm Animals
  • Cattle
  • Poultry
  • Swine
  • Sheep and Goats
• Horses
• Other

By Product Type

• Veterinary Equipment
  • Diagnostic Equipment
• Ultrasound Machines
• X-ray Machines
• Endoscopy Equipment
  • Surgical Instruments
• Surgical Tables
• Operating Lights
• Electrosurgical Units
  • Monitoring Equipment
• Anesthesia Machines
• Patient Monitors
  • Other Equipment
• Laser Therapy Equipment
• Infusion Pumps

• Veterinary Disposables
  • Needles and Syringes
  • Surgical Drapes and Gowns
  • Catheters and Tubing
  • Gloves
  • Others

By Usage

• Surgical
• Diagnostic
• Monitoring

By End Use

• Veterinary Hospitals
• Veterinary Clinics
• Laboratories
• Others