Table of Contents
Overview
New York, NY – Aug 07, 2025 : The global veterinary equipment market is expected to reach around US$ 5.3 billion by 2034, up from US$ 3 billion in 2024. This growth reflects a CAGR of 5.8% from 2025 to 2034. North America leads the market, holding over 38.4% share and a value of US$ 1.2 billion in 2024. The region’s dominance is due to well-established veterinary infrastructure, advanced healthcare systems, and high spending on pet care. The growing pet population further contributes to the region’s strong market presence.
Increasing pet ownership and rising demand for veterinary services are key market drivers. More people are treating pets as family, leading to higher veterinary visits. This trend increases the need for diagnostic, surgical, and therapeutic equipment. Livestock management also plays a role, as farmers invest in animal health. As awareness of animal wellness grows, veterinary clinics and hospitals are upgrading their equipment. This supports better treatment outcomes and fuels the overall growth of the market.
Technological advancements are transforming veterinary care. Modern tools now include high-resolution imaging systems, precision surgical instruments, and digital monitoring devices. These technologies help improve diagnosis and reduce recovery time. Portable diagnostic devices are gaining popularity for in-clinic and field use. Additionally, telemedicine platforms are emerging, making remote consultations easier. These innovations not only boost efficiency but also enhance accessibility, especially in rural or underserved areas.
Veterinary expenditures are rising worldwide. Pet owners are increasingly willing to spend on advanced treatments. This has pushed clinics to invest in new equipment and technologies. Minimally invasive tools are now being used more often, reducing pain and speeding up recovery. The use of laser surgery, digital radiography, and anesthesia monitors is growing. These trends show a shift toward precision veterinary medicine focused on safety and effectiveness.
In April 2021, DRE Veterinary rebranded as Avante Animal Health. This move marked its full integration into Avante Health Solutions. The rebranding allowed a stronger focus on veterinary-specific equipment and services. Avante Animal Health now offers a wide range of products including surgical, diagnostic, and radiation oncology solutions. This reflects a broader industry trend toward specialization and innovation. Companies are aiming to deliver comprehensive solutions that support both routine and complex veterinary procedures, improving animal health outcomes.
Key Takeaways
- In 2024, the global veterinary equipment market earned US$ 3.0 billion and is forecasted to hit US$ 5.3 billion by 2034.
- The market is growing steadily at a compound annual growth rate (CAGR) of 5.8% over the forecast period from 2025 to 2034.
- Equipment & accessories dominated the product segment in 2024, accounting for a 57.3% share due to rising demand for advanced veterinary tools.
- Small animals made up 62.5% of the market share, reflecting growing pet ownership and increased care for companion animals.
- Surgical applications led with a 50.2% share, driven by the growing number of animal surgeries and demand for precise surgical instruments.
- Veterinary hospitals and clinics held the largest end-user share at 54.7%, benefiting from higher patient footfall and demand for on-site equipment.
- North America emerged as the leading regional market in 2024, holding a dominant share of 38.4% due to advanced veterinary infrastructure.
Regional Analysis
North America Leads the Veterinary Equipment Market
North America holds the largest share of the veterinary equipment market, accounting for 38.4% of global revenue. This growth is driven by rising pet ownership, increased spending on animal care, and rapid technology adoption. In 2023, the US spent US$147 billion on pets, with US$38.3 billion on veterinary care alone. A 19% rise in veterinary employment between 2022 and 2024 has boosted demand for more clinics and equipment. Government investments, like the USDA’s US$120 million in 2023, are improving veterinary infrastructure.
Asia Pacific to Register the Fastest Growth Rate
Asia Pacific is projected to grow at the highest CAGR during the forecast period. This is due to rising disposable incomes, increased pet care awareness, and public health investments. Southeast Asia saw a 15% rise in livestock production funding from 2022 to 2024. India allocated ₹4,000 crore in 2023 to upgrade veterinary facilities. China saw a 22% rise in pet clinics, and Japan noted a surge in visits for aging pets. Australia’s livestock export boom has further driven equipment demand.
Segmentation Analysis
Product Type Analysis
In 2024, the equipment and accessories segment led the veterinary equipment market with a 57.3% share. This growth is driven by the rising demand for advanced veterinary care. Clinics and hospitals are adopting modern diagnostic and surgical tools to improve treatment outcomes. Innovations such as telemedicine, robotic-assisted surgeries, and high-tech diagnostics are fueling this trend. As pet ownership grows worldwide, the demand for specialized veterinary equipment increases. This segment is expected to expand further due to the global focus on animal welfare and care quality.
Animal Analysis
Small animals accounted for 62.5% of the market in 2024. This is due to the rise in pet ownership, especially in urban areas. Cats and dogs are increasingly considered family members, which boosts the demand for veterinary services. Preventive healthcare for these animals is also gaining popularity. Veterinary tools designed specifically for small animals are becoming more common. Their size-specific needs require customized equipment. This growing attention to companion animals is expected to support continuous growth in this segment of the market.
Application Analysis
The surgical segment captured 50.2% of the revenue share in 2024. This is largely due to the rise in advanced surgical techniques in veterinary medicine. Minimally invasive procedures and improved tools are gaining traction in clinics and hospitals. The use of surgical robots and automated systems is increasing. These technologies improve precision and outcomes, making surgeries safer for animals. With more pet owners opting for specialized surgeries, the demand for modern surgical equipment is set to rise steadily in the coming years.
End-User Analysis
Veterinary hospitals and clinics generated 54.7% of the revenue share in 2024. The growing number of pet owners and increased focus on animal health are key drivers. These facilities now offer more comprehensive and specialized services. Investments in modern equipment and infrastructure are on the rise. The need for emergency care, diagnostics, and surgical treatments is growing fast. As veterinary care evolves, hospitals and clinics are adopting advanced technologies. This helps improve service quality and expands their capabilities, which is likely to boost segment growth further.
Key Market Segments
By Product Type
- Equipment & Accessories
- Anesthesia Equipment
- Waste Gas Management Systems
- Ventilators
- Vaporizers
- Anesthesia Machines
- Anesthesia Accessories
- Veterinary Telemetry Systems
- Patient Monitors
- Patient Monitoring Accessories
- Oxygen Concentrator & Accessories
- Fluid Management Equipment
- Syringe Pumps
- Large-Volume Infusion Pumps
- Temperature Management Equipment
- Patient Warming Systems
- Fluid Warmers
- Anesthesia Equipment
- Disposables/ Consumables
- Airway Management Consumables
- Others
By Animal
- Small Animals
- Dogs
- Cats
- Others
- Large Animals
By Application
- Surgical
- Monitoring
- Diagnostic
By End-user
- Veterinary Hospitals & Clinics
- Laboratories
- Others
Key Players Analysis
Key players in the veterinary equipment market are focusing on innovation, partnerships, and global expansion to fuel growth. These companies are investing in advanced diagnostic tools, surgical instruments, and consumables to improve veterinary care. Collaborations with veterinary clinics, research institutions, and distributors help integrate new technologies into routine practice. These strategies also support wider market penetration. Targeting emerging regions with growing demand for animal healthcare offers major growth opportunities. This approach strengthens their presence and increases access to modern veterinary solutions.
IDEXX Laboratories, based in Westbrook, Maine, is a leading name in veterinary diagnostics. The company provides a full range of diagnostic products, including in-clinic analyzers and lab services. These tools support efficient and accurate diagnoses in veterinary practices worldwide. IDEXX places strong emphasis on research and development to drive innovation. Its goal is to improve animal health and simplify clinical workflows. With operations in more than 175 countries, IDEXX uses partnerships and continuous innovation to expand its global reach and industry leadership.
Top Key Players in the Veterinary Equipment Market
- SunTech Medical, Inc
- Nonin
- Medtronic
- Masimo
- Dispomed Ltd
- Covetrus
- Braun Vet Care GmbH
- Avante Animal Health
Emerging Trends
Rise in Pet Ownership and Spending
Pet ownership is growing across the world. More people now see pets as part of their family. This emotional bond has led to higher spending on pet health. Owners are more willing to invest in quality veterinary care. As a result, clinics and hospitals are buying modern tools and machines. These include diagnostic and surgical equipment. The trend supports the growing need for advanced veterinary services. Better equipment means better care. This demand is pushing the market for veterinary tools and systems to expand steadily.
Shift Toward Advanced Technologies
Veterinary clinics are using more advanced technology than ever. Tools like digital X-rays, ultrasound systems, and laser therapy devices are becoming common. These machines help diagnose and treat pets more accurately. They also save time during procedures. Vets can detect health issues earlier and provide better outcomes. Pet owners are also becoming more aware of new technologies. They want modern care for their animals. This shift is driving clinics to upgrade their equipment. In turn, this is boosting the market for high-tech veterinary devices.
Growth of Mobile Veterinary Services
Mobile veterinary care is becoming very popular. Many pet owners prefer services that come to their home. It is easier for both the owner and the pet. This has created a strong demand for portable veterinary tools. Devices need to be light, compact, and easy to use. Mobile vets use equipment like handheld scanners, compact analyzers, and foldable surgical tools. These tools help them offer full care without needing a clinic. As more people choose in-home vet visits, the market for portable veterinary equipment continues to grow fast.
Telemedicine Integration
Veterinary telemedicine is gaining attention. Vets are now offering video consultations and remote check-ups. This is useful for pet owners in rural or faraway places. They can talk to a vet without visiting a clinic. Vets use digital tools like cameras, apps, and remote monitoring systems. These help them check the pet’s health and suggest treatment. This trend saves time and lowers travel costs. It also makes veterinary care more accessible. The need for telemedicine-friendly devices is rising and creating new growth in the veterinary equipment market.
Focus on Preventive Healthcare
Pet owners now care more about regular check-ups and early disease detection. Vets are also shifting focus toward preventive care. Tools like blood analyzers, digital thermometers, and wearable health monitors are in demand. These devices help catch illnesses before they get serious. Early detection means better treatment and lower costs. Clinics are investing in more diagnostic tools. This trend is improving pet health and growing the market for veterinary equipment. Preventive healthcare is not just a trend—it’s becoming a standard part of modern pet care.
Sustainability and Eco-Friendly Equipment
Sustainability is now a concern for many vet clinics. They want to reduce waste and save energy. This has led to higher demand for eco-friendly equipment. Clinics are choosing tools that are reusable or made from sustainable materials. Energy-efficient machines are also in demand. Manufacturers are responding by offering green solutions. These include recyclable packaging, low-energy devices, and longer-lasting tools. Eco-friendly choices help clinics save money and reduce their environmental impact. As awareness grows, sustainable veterinary equipment is becoming a key trend in the market.
Use Cases
Routine Check-Ups and Health Monitoring
During regular check-ups, vets use simple tools like stethoscopes, thermometers, and exam tables. These help monitor vital signs like heart rate, temperature, and breathing. This equipment is essential for spotting early signs of illness or stress. Regular health monitoring ensures that pets stay healthy and catch any issues early. It also helps vets track changes over time. These tools are commonly found in all types of veterinary clinics. They’re used for pets, farm animals, and even exotic species. Keeping this equipment updated ensures accurate readings and better care. Basic as they may seem, these tools form the backbone of day-to-day veterinary care.
Surgery and Emergency Care
In emergencies or during surgery, vets rely on advanced equipment to save lives. Surgical tables support the animal during procedures. Anesthesia machines help keep the pet calm and pain-free. Oxygen supply systems ensure animals breathe properly throughout treatment. These tools reduce risk and improve outcomes in critical cases. Whether it’s a routine spay or a life-threatening injury, surgical equipment plays a major role. Clinics often have backup systems in place to avoid failure during urgent situations. This setup also supports trauma care, accident recovery, and wound treatment. Reliable surgical equipment means safer operations and faster healing for animals.
Diagnostic Imaging
Vets use diagnostic imaging tools to look inside an animal’s body without surgery. X-ray machines help detect broken bones or swallowed objects. Ultrasound scans show internal organs like the heart, liver, and kidneys. Endoscopes let vets examine the stomach or intestines using a small camera. These tools are critical for spotting problems early. They help diagnose tumors, infections, and internal bleeding. Imaging improves accuracy and reduces the need for invasive procedures. It’s safe, fast, and widely used in both small and large animal clinics. This equipment has become a standard part of modern veterinary care.
Dental Care
Dental tools are vital in treating gum disease and tooth decay in pets. Dental units include cleaning devices, polishers, and tooth extractors. These are especially useful for dogs and cats, where dental issues can cause other health problems. Poor oral hygiene may lead to infections, heart problems, or kidney damage. Vets perform routine cleanings and complex dental surgeries using this equipment. Sedation is often used to keep animals calm during treatment. Dental X-rays are also used to check roots and bone health. Overall, good dental care helps pets live longer and healthier lives. More pet owners now understand its importance.
Laboratory Testing
In-house lab equipment allows vets to get fast and accurate test results. Blood analyzers check for infections, anemia, or organ problems. Microscopes help detect parasites or abnormal cells. These tools cut down waiting times for diagnoses. With quick results, vets can start treatment sooner. Lab testing is essential for both routine exams and emergency cases. It also helps in monitoring long-term conditions like diabetes or kidney disease. Many clinics now use digital lab systems for better accuracy. Having this equipment in the clinic improves patient care and reduces the need to send samples to outside labs.
Animal Rehabilitation and Therapy
Veterinary rehab clinics use specialized equipment to treat injuries and chronic pain. Laser therapy machines reduce inflammation and speed up healing. Hydrotherapy units help animals regain mobility after surgery or trauma. These therapies are often used for older pets, especially dogs with arthritis or hip problems. Rehab equipment also supports sports animals like horses and working dogs. Treatment plans often combine physical therapy with these tools. They help animals recover safely and improve their quality of life. Rehab centers are growing as more pet owners seek long-term wellness solutions. These tools make recovery more comfortable and effective.
Livestock and Farm Animal Care
Farm vets need different tools than those used in small pet clinics. Portable ultrasound machines help check pregnancies in cows or pigs. Restraint systems keep large animals still during exams or treatments. Hoof care tools prevent infections and maintain mobility. These tools must be durable and easy to use in field conditions. Large animals often need on-site care, so mobility is key. Farm vets also use vaccination guns and surgical kits tailored for livestock. This equipment supports animal health and farm productivity. Healthy livestock means safer food and better income for farmers. Specialized tools make farm vet work efficient and safe.
Conclusion
In conclusion, the veterinary equipment market is growing steadily due to rising pet ownership, better awareness about animal health, and advances in medical technology. More people are treating pets like family, which leads to higher demand for modern veterinary tools. Clinics and hospitals are investing in equipment that improves treatment quality and patient care. Trends like telemedicine, mobile services, and preventive healthcare are also shaping the market. Companies are focusing on innovation and expanding their reach in emerging regions. As the focus on animal wellness continues to grow, the demand for advanced, efficient, and accessible veterinary equipment is expected to rise further in the years ahead.
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