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Veterinary Infusion Pumps Market Analysis

  • Report ID: GMI10356
  • Published Date: Jul 2024
  • Report Format: PDF

Veterinary Infusion Pumps Market Analysis

Based on the product, the market is classified into syringe infusion pumps, volumetric infusion pumps, ambulatory infusion pumps, and implantable infusion pumps. The volumetric infusion pumps segment dominated the market with revenue of USD 174.4 million in 2023.
 

  • Volumetric infusion pumps offer precise control over the infusion rate and volume, which is critical for accurate drug delivery. Modern pumps come with advanced features such as programmable settings, alarms, and automated operation, making them more appealing to veterinary professionals.
     
  • Moreover, the growing number of veterinary clinics and hospitals equipped with advanced medical infrastructure and the availability and accessibility of advanced devices in more veterinary practices boosts the demand for volumetric infusion pumps, thereby contributing to the market growth.
     
  • Furthermore, the long-term cost-effectiveness of volumetric infusion pumps, due to their durability and efficiency makes them a preferred choice for veterinary practice.
     
Veterinary Infusion Pumps Market, By Animal Type (2023)

Based on the animal type, the global veterinary infusion pumps market is classified into companion animals, livestock animals, and other animal types. The companion animals segment dominated the market with market share of 68.3% in 2023.
 

  • There has been a significant rise in pet ownership globally driven by factors such as increased disposable income, changing lifestyles, and the growing perception of pets as family members. This enabled a growing focus on preventive veterinary care for companion animal healthcare to avoid serious health issues, which involves the use of infusion pumps for administering medications and nutrients.
     
  • Furthermore, the growing number of veterinary clinics and hospitals equipped with modern medical devices and increasing specialization among veterinarians in various fields such as oncology, neurology, and internal medicine necessitates the use of infusion pumps for specific treatments, thereby fueling market growth.
     

Based on mode of administration, the veterinary infusion pumps market is classified into continuous infusion and intermittent infusion. The continuous infusion segment is expected to reach USD 456 million by 2032.
 

  • Continuous infusion is often used for effective pain management in pets particularly those suffering from conditions such as arthritis or recovering from surgery, thus boosting the segmental growth. Also, continuous pain relief improves the quality for pets, making continuous infusion a preferred choice among veterinarians and pet owners.
     
  • Furthermore, the widespread use of continuous infusion pumps in postoperative care to provide consistent medication delivery, enhancing recovery outcome. Thus, aforementioned factors will supplement the growth of the market.
     

Based on the application, the global veterinary infusion pumps market is classified into clinical and research. The clinical segment dominated the market in 2023 with growing at 7.5% CAGR during the analysis period.
 

  • Animals with chronic conditions often need long-term care, which includes regular infusions of medications, fluids, veterinary pain management devices, and nutrients.
     
  • Also, increased awareness about animal health through campaigns and educational programs encourages pet owners to seek advanced medical treatments.
     
  • Therefore, owing to such awareness, more pet owners are opting for preventive care measures, which often involve the use of infusion pumps for administering nutrients, and other preventive treatments, thereby driving the growth of the market.
     

Based on end-use, the veterinary infusion pumps market is classified into veterinary hospitals & clinics, homecare settings, academic & research institutes, and other end-users. The veterinary hospitals & clinics segment is expected to reach USD 309.4 million by 2032.
 

  • The expansion of veterinary hospitals and clinics, especially in emerging markets, supports the growth of the segment. More facilities are being equipped with advanced medical devices to cater to the increasing pet population and their healthcare needs. Furthermore, collaborations between veterinary hospitals, clinics, and infusion pump manufacturers help in the development of customized solutions and enhance the distribution and adoption of infusion pumps, thereby accelerating the segmental growth.
     
North America Veterinary Infusion Pumps Market, 2021 – 2032 (USD Million)

In 2023, North America secured a substantial market share of 42.2% in the global veterinary infusion pumps market and is expected to dominate throughout the forecast period.
 

  • The rising number of pet owners in North America is a significant driver. With more households having pets, the demand for veterinary services including infusion pumps is expected to increase.
     
  • Also, the growing penetration of pet insurance in the U.S. has made advanced veterinary treatments more affordable for pet owners. This has contributed to the increased use of veterinary infusion pumps for treating insured pets.
     
  • Further, the use of infusion pumps is not limited to companion animals but extends to livestock animals used in agriculture. The focus on maintaining the health of livestock to ensure productivity has driven the adoption of infusion pumps in veterinary practices, thereby boosting the growth of the market.
     

The Asia Pacific veterinary infusion pumps market is expected to grow with a significant CAGR of 7.6% during the forecast period.
 

  • There is a growing awareness about pet health and wellness among pet owners in the Asia-Pacific region. This has led to increased expenditure on veterinary healthcare, including advanced treatments that require the use of infusion pumps. Also, the expansion of veterinary clinics and hospitals particularly in urban areas, supports the growth of the market. Thus, improved access to veterinary care facilities enhances the availability and adoption of advanced medical devices, thereby supplementing the regional market growth.
     
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global veterinary infusion pumps industry was valued at USD 384.7 million in 2023 and is anticipated to register 7.2% CAGR between 2024 and 2032 due to the upsurge in pet ownership with increasing spending on pet healthcare and favorable insurance policies.

The volumetric segment in the market recorded USD 174.4 million in 2023, driven by growing number of veterinary clinics and hospitals with advanced medical infrastructure.

North America veterinary infusion pumps market held 42.2% revenue share in 2023 driven by the rising number of pet owners and the growing penetration of pet insurance.

Baxter International Inc., B. Braun Melsungen AG, Burtons Medical Equipment Ltd., DRE Veterinary, DURECT Corporation, Eitan Medical, Grady Medical Systems, Inc., Heska Corporation, and Instech Laboratories Inc., and among others.

Veterinary Infusion Pumps Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 392
  • Countries covered: 22
  • Pages: 243
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