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Veterinary Anesthesia Equipment Market Size

Report ID: GMI6006
Published Date: Jun 2023
Report Format: PDF

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Veterinary Anesthesia Equipment Market Size

Veterinary Anesthesia Equipment Market size was valued at USD 258.3 million in 2022 and is expected to grow at a 7.8% CAGR from 2023 to 2032 driven by rising pet adoptions and an increase in the number of veterinary surgical operations. Furthermore, the rising frequency of chronic diseases in companion animals and the increasing number of occurrences of animal accidents.

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The expenditure on animal healthcare, including animal diagnostic procedures and surgeries, has been increasing. Pet owners are willing to invest in high-quality veterinary care for their animals, including safe and effective anesthesia. This has led to a higher demand for veterinary equipment and supplies including anesthesia.

Veterinary Anesthesia Equipment Market Report Attributes
Report Attribute	Details
Base Year:	2022
Veterinary Anesthesia Equipment Market Size in 2022:	USD 258.3 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7.8%
2032 Value Projection:	USD 546.6 Million
Historical Data for:	2018 to 2022
No. of Pages:	119
Tables, Charts & Figures:	212
Segments covered:	Product, Animal type, End-user, and Region
Growth Drivers:	Increasing number of surgical procedures in animals Technological advancements in veterinary anesthesia machines Increasing companion animal ownership Increase in animal medicalization rate along with increased spending on animal health Increase in R&D expenditure in animal health industry
Pitfalls & Challenges:	High cost of anesthesia machines Lack of veterinary practitioners in emerging market

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Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

In 2022, the global market for veterinary anesthesia equipment was valued at USD 258.3 million and will grow at 7.8% CAGR from 2023 to 2032, attributed to surging pet adoptions coupled with a growing number of veterinary surgical operations globally.

Anesthesia machines segment amassed 53.8% of the market share in 2022, owing to rising demand for veterinary procedures, including surgeries and diagnostic interventions globally.

North America market will grow at a 7.6% rate through 2032, driven by the growing adoption of companion animals in the region.

Notable veterinary anesthesia equipment industry players include Dispomed Ltd., Kent Scientific Corporation, VETLAND MEDICAL, Mediquip Pty Ltd., Henry Schein, Inc., ICU Medical, Inc., and Shenzhen Mindray Bio-Medical Electronics Co., Ltd., among others.