Veterinary Equipment And Disposables Market 2024 Sales, Revenue, Price and Gross Margin - 2030
Veterinary Equipment And Disposables Industry The global veterinary equipment and disposables market size is expected to reach USD 4.17 billion by 2030, registering a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by the increasing pet insurance penetration, technological advancements, adoption of vet equipment and disposables by end users investments, and initiatives by market participants. In May 2022, Zomedica purchased a USD 1 million convertible note from Structured Monitoring Products, Inc. thus acquiring the option to act as a sales agent for the latter’s VetGuardian wireless remote pet monitoring platform. Regional expansion by key market players plays a significant role in driving the growth of the market. Key companies expand their presence into new regions to tap into previously untapped markets. By entering new geographical areas, these companies can reach a broader customer base and increase their mark...