Veterinary Anesthesia Equipment Market Size Analysis:
Veterinary Anesthesia Equipment Market Size was valued at USD 845.9 million in 2023 and is expected to reach USD 1557.8 million by 2032, growing at a CAGR of 7.04% over the forecast period 2024-2032.
This report offers an in-depth analysis of the popular trends in the Veterinary Anesthesia Equipment Market. It points to an increasing incidence and prevalence of anesthesia in veterinary practice associated with an increasing volume of pet surgery. Regional breakdown of prescription patterns for veterinary anesthesia drugs. The report on the Veterinary Anesthesia Equipment global market discusses the factors affecting the growth of this market, along with its volume and the demand rising for it followed by North America, Europe, and Asia-Pacific. It also discusses the sources of healthcare expenditure on veterinary services, trends in drug manufacture and consumption, and regional compliance with regulatory standards, all of which continue to evolve with advances in veterinary medicine and anesthetic technology.
The veterinary anesthesia equipment market is anticipated to show substantial growth, attributed to the increasing incidence of chronic diseases in animals and the growing pet ownership worldwide. About 4.1 million animals are adopted every year in the United States, according to recent government data, including 2 million dogs and 2.1 million cats. The growth in the number of pets has also contributed towards the increased need for advanced veterinary care which will need anesthesia equipment for the surgeries and diagnostic procedures. In 2023, the revenue share of the market in the U.S. was 53%. Increased animal health concerns and improving animal health and welfare, in addition to advancing veterinary device technology, are just a few factors that continue to support veterinary device market growth.
Veterinary Anesthesia Equipment Market Dynamics
Drivers
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Growing focus on animal welfare has led to advancements in anesthesia technology, emphasizing the comfort and safety of animal patients.
One of the significant forces behind advances in veterinary anesthesia technology is the rising emphasis on animal welfare, with an increased focus on the comfort and safety of animals during procedures. This emphasis has driven advances designed to ease pain and distress for animal patients. Recent studies highlight the veterinary community's commitment to sustainable and animal-friendly practices. A 2024 survey in the Journal of the American Veterinary Medical Association revealed a strong interest in reducing the environmental impact of anesthetic agents, suggesting a broader concern for both animal and environmental health. This underscores the growing investments into quality-of-care evolving anesthesia technologies for animals. These advances illustrate a larger trend towards, more at the animal level, animal dentistry, and anesthesia solutions making their way into veterinary practice in the interest of animal welfare and advancement in technology.
Restraint
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High initial costs of advanced anesthesia equipment can be a barrier for smaller veterinary practices, limiting their adoption.
High initial costs of advanced veterinary anesthesia equipment are a key restraining factor in the market. Adoption of state-of-the-art anesthesia systems requires a significant investment that can be particularly challenging for smaller or independent veterinary clinics. Typical anesthesia machine for veterinary use typically costs from $3000 to $10,000, depending on what features and technology are used. Even though these systems focus on the safety of the patient and clinical outcome improvement, the cost to implement can be a barrier to entry for smaller veterinary practices or regions of the world with little budget.
Additionally, these equipment systems usually involve routine maintenance and training with respect to operation and operating procedures and very often involve expensive consumables, which add further to the total cost of ownership. Based on US figures, 80% of small veterinary practices experience difficulty in managing the cost of advanced veterinary medical equipment, with many opting for outdated or inefficient systems for budget considerations. A recent survey in Europe revealed that about 60% of veterinary clinics in smaller towns reported challenges upgrading to newer anesthesia machines, with the high costs being the primary factor. As a result, these financial barriers limit the accessibility and widespread use of advanced anesthesia equipment, particularly in smaller, less financially robust veterinary settings.
Opportunity:
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The increasing number of companion animal procedures presents opportunities for advanced anesthesia equipment to meet the growing demand for sophisticated veterinary care.
The growing number of companion animal procedures is highly opportune in fostering growth in the veterinary anesthesia equipment market. The rising demand for surgical procedures that require anesthesia in pets due to the growing rate of chronic diseases and orthopedic conditions among pets is the major driver of this trend. For example, chronic kidney disease (CKD) has been recognized as the most common form of kidney disease in dogs, occurring in 7.0% of dogs. This creates a high demand for more effective anesthesia at the same time since these health problems usually require surgical procedures.
Furthermore, the global veterinary anesthesia market is being propelled forward due to an increase in spending on pet health care, and challenges in animal pain management. These developments reflect the evolving role of anesthesia in optimizing the quality of veterinary care. Innovation in anesthesia technology is another part of why this growth. New technologies such as Dispomed's Multiflex veterinary anesthesia machine in August 2023, provide increased patient safety and ease of use that modern veterinary clinics now demand. Furthermore, partnerships aimed at developing eco-friendly anesthesia solutions, such as the collaboration between Mars Veterinary Health and SageTech Veterinary in April 2024, highlight the industry's commitment to sustainable practices, which can attract environmentally conscious pet owners.
Challenge
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Navigating stringent regulatory and compliance requirements for anesthesia equipment can be complex and costly for manufacturers.
Veterinary anesthesia equipment manufacturers experience challenges navigating the regulatory and compliance landscape. A larger audit conducted across veterinary clinics in Spain and Portugal found that 73.6% of anesthetic machines were non-conforming and equipment standards and maintenance routines were not adequate. Stricter regulations require routine inspections and safety standards, which can be cumbersome and expensive for producers to comply. In developing areas, these challenges are compounded by a lack of veterinary infrastructure. For instance, according to a 2021 report, India has only 256 state laboratories and 56 veterinary college laboratories, which are inadequate considering India's massive size. In Europe too, rural areas are short supplied with veterinarians, with a reported 78.5% deficit in surveyed countries, making it all the more difficult for standardized maintenance and compliance to occur. All of these must entrench the imperative for manufacturers to have a deep understanding of regional regulatory requirements and support infrastructure development. Such efforts are crucial to ensure that veterinary anesthesia equipment meets safety and efficacy standards, thereby enhancing animal welfare and addressing the unique challenges present in diverse markets.
Veterinary Anesthesia Equipment Market Segmentation Analysis
By Product
The complete anesthesia machines segment held the largest market share and was valued at 33% in 2023. Their widespread adoption can be due to the functionality that combines anesthetic delivery, monitoring, and waste gas disposal in one device. Veterinary professionals often opt for these machines as they provide efficient and reliable delivery of controlled anesthesia for complex treatments such as surgeries and dental work. Government data shows that sophisticated veterinary care is in high demand as pet ownership and chronic diseases in animals grow. For example, North America saw a significant increase in veterinary visits as pet adoption surged. Higher demand for complete anesthesia machines in veterinary practices, Demand for complete anesthesia machines is primarily driven by emerging technologies in the veterinary industry that require anesthesia, including imaging and critical care. This delivers the precise dose of anesthetic to the correct area, which ensures a high level of safety and minimizes risks during procedures and operations, making them an essential part of modern veterinary practice.
By Modality
The portable modality segment held the highest revenue share in 2023 owing to its increasing penetration in mobile veterinary services that include at-home veterinary care and/or emergency treatments. They are small, easy to use, and relatively inexpensive than other options available so ideal for vets who conduct home visits. According to government statistics, mobile veterinary services have become popular as pet owners continue to look for convenient healthcare options for their pets. Additionally, new developments in portable equipment have improved their capabilities and even made precise anesthetic administration possible in non-clinical environments. The growing demand for emergency type of care due to accidents and critical conditions has also intensified this segment's growth. For example, India reported over 11,900 stray animal injuries from traffic incidents between 2011–2019, highlighting the need for portable solutions.
By Animal Size
The small animal segment dominated the market in 2023 due to increased pet ownership globally, particularly of dogs and cats. Such animals often need anesthesia for all types of treatments, from regular check-ups to complex surgical procedures. According to the most recent government data, there were approximately 76.8 million dogs and 58.4 million cats in North America alone. The growing segment is also fueled by increasing awareness concerning the health and welfare of pets among owners who are ready to spend on modern treatments. Veterinary clinics are countering by purchasing small animal-specific anesthesia delivery devices. Finally, the increase in chronic diseases such as diabetes and skin allergies in pets means that anesthesia is used more frequently during treatment.
By End Use
In 2023, hospitals and clinics accounted for the largest end-use segment, with a 58% revenue share. They are dominant because they play a key role in offering thorough animal healthcare solutions such as surgeries, diagnostics, and critical care and all involve the need for advanced anesthesia equipment. Veterinary chains with large corporate ownership with names such as Banfield Pet Hospital have poured resources into newer anesthetic machines to improve the quality of their service, according to government data. Technologically advanced open, non-invasive monitoring systems are some of the innovations contributing to a more efficient administration of anesthesia in healthcare providers. The growing demand for specialty veterinary services such as cardiology and oncology has also pushed hospitals to implement advanced anesthetic technologies. These factors collectively underscore why hospitals remain pivotal to market growth.
Veterinary Anesthesia Equipment Market Regional Insights
The veterinary anesthesia equipment market in 2023 was led by North America, which accounted for the largest share 68% driven by sophisticated veterinary healthcare infrastructure, high pet ownership rates, and large investments in animal health. According to the Animal Health Institute, pharmaceuticals accounted for over half of the U.S. animal healthcare market revenues, with flea and tick treatments making up 29% and biologics just over 19%. The U.S., as the leading country in this region, benefited from a growing demand for pet surgical services, coupled with advanced anesthetic technologies and high veterinary spending. Kent Scientific Corporation and Midmark Corporation are among the leading companies contributing to the market growth. Market growth has also benefited greatly from government efforts towards enhancing animal health standards and the promotion of emergency veterinary services as a result of accidents and illnesses. Improvements in anesthesia technology such as integrated monitoring systems and portable anesthesia devices to increase procedural safety and efficiency. The region's dominance is further supported by increasing pet adoption rates; approximately 76.8 million dogs and 58.4 million cats were reported in North America according to recent government data.
The Asia-Pacific was the fastest-growing region due to increasing disposable incomes, growing pet ownership, and expanding veterinary care infrastructure. Countries such as China, India, and Japan are at the forefront of this growth owing to the development of veterinary clinics and hospitals that are now searching for advanced anesthesia solutions for surgeries. For instance, India’s pet population exceeded 30 million by 2023, reflecting a growing emphasis on animal welfare and healthcare. Thanks to stricter standards being introduced to the region and new technologies, the cost of anesthesia equipment is becoming more affordable. There is also increasing demand for advanced devices such as respiratory anesthesia machines due to increased awareness about animal health. Additionally, rapid urbanization in Asia-Pacific has led to investments in veterinary services, with emerging economies concentrating on low-cost but advanced medical technologies for pets.
Veterinary Anesthesia Equipment Market Key Players
Key Service Providers/Manufacturers
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Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (Mindray A3 Anesthesia Machine, Mindray WATO EX-65 Pro Anesthesia Workstation)
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Midmark India Pvt Ltd. (Midmark 625 Barrier-Free Examination Table, Midmark IQvitals)
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Dispomed Ltd. (Multiflex Anesthesia Machine, DRE Veterinary Anesthesia Machine)
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B. Braun SE (Fabius GS Premium Anesthesia Workstation, Fabius Tiro Anesthesia Machine)
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Kent Scientific Corporation (Kent Scientific Isotec 3 Anesthesia System, Kent Scientific E-Z Anesthesia System)
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ICU Medical, Inc. (Harvard Apparatus Rodent Anesthesia System, Harvard Apparatus Small Animal Anesthesia System)
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VETLAND MEDICAL SALES & SERVICES (Vetland Anesthesia Machine, Vetland Ventilator)
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Supera Anesthesia Innovations (Supera Anesthesia Machine, Supera Ventilator)
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Avante Animal Health (Avante Anesthesia Machine, Avante Ventilator)
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RWD Life Science Co., Ltd. (RWD Anesthesia Machine, RWD Ventilator)
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VetEquip Inc. (OxyVet O₂ Concentrator, COMPAC⁵ Anesthesia Machine)
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SOMNI Scientific (SOMNI Rebreathing Anesthesia System, SOMNI 3 Funnel-fill Vaporizer)
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Vetamac (Anesthesia Machine, Anesthesia Ventilator)
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SHINOVA (Veterinary Anesthesia Machine, Anesthesia Monitoring Equipment)
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E-Z Anesthesia (EZ-150CA Euthanex Isoflurane/CO₂ System, Portable Anesthesia Workstations)
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Midmark Corporation (Midmark 625 Barrier-Free Examination Table, Midmark IQvitals)
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Harvard Apparatus (Harvard Apparatus Rodent Anesthesia System, Harvard Apparatus Small Animal Anesthesia System)
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Kent Scientific (Kent Scientific Isotec 3 Anesthesia System, Kent Scientific E-Z Anesthesia System)
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VETLAND MEDICAL SALES & SERVICES (Vetland Anesthesia Machine, Vetland Ventilator)
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SHINOVA MEDICAL CO., LTD. (Veterinary Anesthesia Equipment, Anesthesia Monitoring Systems)
Recent Developments in the Veterinary Anesthesia Equipment Market
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Shenzhen Mindray Animal Medical Technology Co., Ltd., announced a collaboration with top clinics in January 2025 to create next-generation anesthetic vaporizers.
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In August 2023, Dispomed introduced its innovative Multiflex veterinary anesthesia equipment, featuring a recessed flush valve, quick-close pop-off valve for enhanced safety, and a user-friendly quick-connect fresh gas outlet for easy circuit switching. Its high-quality components ensure minimal maintenance.
Report Attributes | Details |
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Market Size in 2023 | USD 845.9 Million |
Market Size by 2032 | USD 1557.8 Million |
CAGR | CAGR of 7.04% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product (Complete Anesthesia Machines, Ventilators, Vaporizers, Waste Gas Management Systems, Gas Delivery Management Systems, Accessories) • By Animal (Small, Large) • By Modality Type (Standalone, Portable) • By End Use (Hospitals & Clinics, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Midmark India Pvt Ltd., Dispomed Ltd., B. Braun SE, Kent Scientific Corporation, ICU Medical, Inc., VETLAND MEDICAL SALES & SERVICES, Supera Anesthesia Innovations, Avante Animal Health, RWD Life Science Co., Ltd., VetEquip Inc., SOMNI Scientific, Vetamac, SHINOVA, E-Z Anesthesia, Midmark Corporation, Harvard Apparatus, Kent Scientific, VETLAND MEDICAL SALES & SERVICES, SHINOVA MEDICAL CO., LTD. |