
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
- 2016 · ESTIMATED
- $1.67B
- 2021
- $2.27B
- CAGR 2016–2021
- 8.0%
2015 baseline · 2016–2021 forecast at 8.0% CAGR · hover a bar for the value
Key highlights
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.
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.
Report summary
| Particulars | Details |
|---|---|
| Base Year | 2015 |
| Estimated Year | 2016 |
| Forecast Period | 2016–2021 |
| Market Size (2016) | USD 1.67 billion |
| Market Size (2021) | USD 2.27 billion |
| CAGR (2016–2021) | 8.0% |
| Format | PDF, Excel & Cloud Portal · 263 pages |
Report overview
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 expandGeographic analysis
North America
North America accounted for the share of the global animal equipment market.
Asia-Pacific
Fastest growthHowever, 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