Veterinary Anesthesia Equipment Market Analysis

Veterinary Anesthesia Equipment Market Analysis

Based on product, the veterinary anesthesia equipment market is segmented as anesthesia machines, ventilators, vaporizers, waste gas management systems, gas delivery management systems, and accessories. In 2022, the anesthesia machines segment accounted for the largest share of 53.8% in the market. The growing requirement for veterinary procedures, including surgeries and diagnostic interventions, is a significant driving factor for anesthesia machines. As veterinary clinics and hospitals handle a higher volume of procedures, there is a greater need for anesthesia machines to ensure safe and effective anesthesia administration.
 

Based on animal type, the veterinary anesthesia equipment market is segmented as small companion animals and large animals. The small companion animals segment is expected to grow at a significant pace of 8% by 2032. The increasing focus on companion animal healthcare, technological advancements such as precision anaesthetic vaporizers, rise in number of surgical procedures, and the emphasis on pain management are key factors driving the adoption of anesthesia equipment in veterinary practices that cater to small companion animals.
 

Based on end user, the veterinary anesthesia equipment market is segmented as veterinary clinics, veterinary hospitals, and academic and research institutes. The veterinary clinics segment held a dominant market share of 53.8% in 2022. Veterinary clinics are increasingly performing more complex procedures, including advanced surgeries and minimally invasive procedures. These procedures often require sophisticated anesthesia equipment to ensure precise administration of anaesthetics and precise control over patient monitoring.
 

North America veterinary anesthesia equipment market is anticipated to grow at 7.6% by 2032. North America has a significant number of pet owners who prioritize their pets' healthcare.  The region has a higher percentage of households with companion animals compared to other parts of the world. According to the American Pet Products Association's (APPA) 2021-2022 National Pet Owners Survey, 70% of U.S. households, or around 90.5 million families, own a pet. This leads to a greater demand for veterinary services, including surgical procedures that require anesthesia equipment.
 

Moreover, North America places a strong emphasis on animal welfare and quality veterinary care. There is a growing awareness among pet owners and veterinary professionals about the importance of providing safe and effective anesthesia to animals during procedures.