Global Veterinary Anesthesia Equipment Market Grows Steadily at a CAGR of 7.10%

Introduction

Veterinary anesthesia equipment refers to a range of tools and devices used in veterinary practices to administer anesthesia to animals undergoing medical procedures, surgeries, or diagnostic tests. These devices are designed to ensure that the animal remains unconscious, pain-free, and stable during procedures that require sedation. The equipment typically includes anesthesia machines, vaporizers, gas delivery systems, and monitoring devices to track the animal’s vital signs, such as heart rate, oxygen levels, and blood pressure.

Market Dynamics

Growing spending on veterinary care drives the global market

Pet owners are increasingly treating their animals as family members, leading to higher spending on advanced medical procedures, including surgeries that require anesthesia. As pet care becomes a greater priority, owners are more willing to invest in surgical treatments and anesthesia services to ensure the health and well-being of their pets.

• For instance, the American Veterinary Medical Association (AVMA) reports that U.S. households spend an average of $580 annually on veterinary care, with $433 specifically allocated for dogs and cats. This growing expenditure plays a crucial role in the expansion of the global veterinary anesthesia equipment market.

Rising collaboration by market key players creates tremendous opportunities

Key players in the veterinary anesthesia equipment market are increasingly emphasizing collaborations and strategic partnerships to enhance their product offerings and strengthen research and development efforts. For example, in April 2023, Dispomed acquired ARVS in a strategic move designed to provide veterinary clinics with high-quality medical equipment and specialized technical services.

This acquisition strengthens Dispomed's position in the veterinary anesthesia equipment market, enabling the company to expand its influence and capabilities. Such partnerships foster innovation, streamline the development of advanced products and allow market players to better meet the diverse needs of their customers, thereby creating significant growth opportunities within the industry.

Regional Insights

North America leads the global veterinary anesthesia equipment market, fueled by high pet ownership rates, advanced healthcare infrastructure, and significant spending on animal welfare. With approximately 67% of households in the U.S. owning pets, the demand for advanced veterinary care, including anesthesia equipment, remains strong. Supportive regulations, such as FDA approvals for veterinary devices, contribute to market stability.

Additionally, innovation from key players like Midmark Corporation and Mindray continues to drive the market, offering state-of-the-art solutions with integrated monitoring systems. The region's growing network of veterinary clinics and hospitals, combined with a strong emphasis on pet wellness, further cements North America's market leadership.

Key Highlights

• The global veterinary anesthesia equipment market size was valued at USD 905.54 million in 2024 and is projected to grow from USD 968.92 million in 2025 to reach USD 1,677.90 million by 2033, exhibiting a CAGR of 7.1% during the forecast period (2025-2033).
• Based on product type, the market is categorized into anesthesia machines, ventilators, vaporizers, monitoring equipment, and accessories. The Anesthesia machines segment generated the maximum revenue growth.
• Based on modality, the market is categorized into standalone and portable. The portable segment is the largest revenue contributor to the market.
• Based on animal type, the market is bifurcated into small animals and large animals. The small animals segment is the largest revenue contributor to the market.
• Based on end-user, the market is divided into veterinary clinics & hospitals, animal shelters and rescue organizations, and others. The veterinary clinics & hospitals segment owns the highest market share.
• North America is the most significant shareholder in the global market

Competitive Players

The key players in the global market include A.M. Bickford, Inc., Avante Animal Health, Braun & Co. Limited., Burtons Medical Equipment Ltd., Covetrus, Inc., Dispomed Ltd., Highland Medical Equipment, Inc., Midmark Corporation, Patterson Veterinary Supply, Inc., RWD Life Science Co., LTD, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Supera Anesthesia Innovations, VetEquip, Inc., and others.

Recent Developments

• In April 2024, Mars Veterinary Health, in collaboration with its UK veterinary group Linnaeus and the Waltham Petcare Science Institute, announced a groundbreaking partnership with SageTech Veterinary. Together, they will pilot an innovative anesthetic gas capture solution designed to reduce the environmental impact of harmful greenhouse gases.

Segmentation

1. By Product Type
   1. Anesthesia Machines
   2. Ventilators
   3. Vaporizers
   4. Monitoring Equipment
   5. Accessories
2. By Modality
   1. Standalone
   2. Portable
3. By Animal Type
   1. Small Animals
   2. Large Animals
4. By End User
   1. Veterinary Clinics & Hospitals
   2. Animal Shelters and Rescue Organizations
   3. Others
5. By Regions
   1. North America
   2. Europe
   3. Asia-Pacific
   4. Latin America
   5. The Middle East and Africa