Veterinary/ Animal Equipment Market (2016-2021)

The global veterinary/animal equipment market is valued $1665.6 million in 2016. The market is expected to reach at $2,269.4 million in 2021 at a CAGR 8.0% from 2016 to 2021.

Published
Mar 2016
Pages
263
Format
PDF + Excel
Report ID
MRHC - 104152
Base year
2015
Market size · USD billion · 2015–2021Forecast 2016–2021 · 8.0% CAGR
2016 · ESTIMATED
$1.67B
2021
$2.27B
CAGR 2016–2021
8.0%
$3B$2.25B$1.5B$750M0
2015
2016
'17
'18
'19
'20
'21

2015 baseline · 2016–2021 forecast at 8.0% CAGR · hover a bar for the value

Key highlights

01

The global veterinary/animal equipment market is valued $1665.6 million in 2016.

02

The market is expected to reach at $2, 269.4 million in 2021 at a CAGR 8.0% from 2016 to 2021.

03

North America accounted for the share of the global animal equipment market.

04

However, animal equipment market in Asia-Pacific (APAC) region is expected to show the fastest growth during the forecast period.

Report summary

ParticularsDetails
Base Year2015
Estimated Year2016
Forecast Period2016–2021
Market Size (2016)USD 1.67 billion
Market Size (2021)USD 2.27 billion
CAGR (2016–2021)8.0%
FormatPDF, Excel & Cloud Portal · 263 pages

Report overview

Market size trajectory
2016
USD 1.67 billion
2021
USD 2.27 billion
~1.4× expansion 2016–2021 at 8.0% CAGR

The growth in this market is mainly attributed to growing animal population and demand for animal food products, technological advancements, and increasing animal health expenditure and pet insurance. However, high cost of instruments and lower animal health awareness in developing countries are hindering the growth of this market. The global animal equipment market is divided into three segments namely, product, type of animal, and region. By product, this market is segmented into diagnostic imaging system, anesthesia equipment, fluid management devices, temperature management system, rescue and resuscitation, dental equipment, and research equipment. Based on animal type, the global animal equipment market is segmented into small companion animals, large animals, and research animals. By region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2015, imaging systems accounted for the largest share of the global animal equipment market and is anticipated to grow at a CAGR of 8.1% during the forecast period. The largest share of this segment is mainly due to growing adoption of advanced diagnostic procedures in the small and large animal practices. Small companion animals accounted for the largest share of the global animal equipment market mainly attributed to the increasing pet healthcare expenditure and growing pet adoption in many major countries. North America accounted for the share of the global animal equipment market. However, animal equipment market in Asia-Pacific (APAC) region is expected to show the fastest growth during the forecast period. This is mainly attributed to the growing livestock population, increasing pet adoption, rising demand of animal derived food products, and growing animal healthcare expenditure in this region. Major players in the global veterinary/animal equipment market include Carestream Health (U.S.), IDEXX Laboratories, Inc. (U.S.), Agfa Healthcare (Belgium), MinXray, Inc. (U.S.), Diagnostic Imaging Systems (U.S.), GE Healthcare (U.K.), EsaoteS.p.A (Italy), Hallmarq Veterinary Imaging Ltd. (U.K.), Jorgen Kruuse A/S (Denmark), Digicare Biomedical Technology, Inc. (U.S.), Smiths Medical (U.K.), DRE Veterinary (U.S.), Midmark Corporation (U.S.), Jorgensen Laboratories (U.S.), Hallowell EMC (U.S.), and Grady Medical Systems Inc (U.S.).

Global Animal Equipment Market, by Product Diagnostic Imaging Systems

X-Ray Systems

Ultrasound Systems

CT Systems

MRI Systems

Others

Anesthesia Instruments

Anesthesia Machine

Patient Monitoring Devices

Vaporizers

Ventilators

Fluid Management Systems

Fluid Warming Systems

Patient Warming Systems

Large Volume Infusion Pumps

Small Volume Infusion Pumps

Accessories

Rescue and Resuscitation

Oxygen Masks

Resuscitation Bags

Temperature Management Systems

Dental Equipment Research Equipment Global Animal Equipment Products, by Animal Small Companion Animals Large Animals Research Animals Global Animal Equipment Market, by Region North America Europe Asia Pacific Latin America Middle East & Africa

Table of contents

8 chapters · 100 sections · 263 pages · click to expand
Review the full research scope before you buy. Chapters can also be purchased individually.

1.1Animal Equipment Market Ecosystem
1.1.1Products
1.1.2Animals
1.2Report Elucidation
1.3Market Buzz and Foreground
1.4Research Methodology
1.4.1Research Process
1.4.2Market Size Estimation
1.4.3Market Size Forecast
1.4.4Primary Research Sampling Frame

Geographic analysis

01

North America

North America accounted for the share of the global animal equipment market.

02

Asia-Pacific

Fastest growth

However, animal equipment market in Asia-Pacific (APAC) region is expected to show the fastest growth during the forecast period.

Cite this report

Meticulous Research. (2016). Veterinary/Animal Equipment Market - Global Opportunity Analysis And Industry Forecast (2016-2021) (Report No. MRHC - 104152). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/global-veterinaryanimal-equipment-market-916

Search Market Intelligence

Search across reports, blogs, press releases, and industries