Veterinary Device Market - Global Forecast 2025-2032

The veterinary device market is experiencing dynamic transformation, empowering providers with advanced tools to improve animal health outcomes. Innovation, digitalization, and shifts in care delivery are driving substantial opportunities for stakeholders.

Market Snapshot: Veterinary Device Market Growth & Outlook

The Veterinary Device Market grew from USD 2.61 billion in 2024 to USD 3.02 billion in 2025. It is expected to continue growing at a CAGR of 15.13%, reaching USD 8.08 billion by 2032. This substantial expansion highlights the escalating demand for diagnostic, surgical, and monitoring equipment across both companion animal and livestock practices. Increased adoption of sophisticated imaging and laboratory equipment, paired with continuous innovation, is enabling improved precision and efficiency throughout veterinary healthcare settings.

Scope & Segmentation of the Veterinary Device Market

This report delivers a structured analysis of the veterinary device market, emphasizing broad and detailed segmentation by product, animal type, technology, end user, and distribution channel, as well as regional perspectives.

• Product Types: Imaging systems (CT Scan, MRI, Ultrasound, X-Ray, Endoscopy), laboratory diagnostics (biochemistry analyzers, hematology analyzers, rapid test kits), monitoring equipment (anesthesia, cardiac, vital sign monitors), surgical equipment (electrosurgical units, laser systems, orthopedic devices), therapeutic devices (infusion pumps, rehabilitation tools)
• Animal Categories: Avian (farm birds, pet birds), companion animals (cats, dogs), equine (racing, show), livestock (cattle, poultry, swine)
• Technologies: CT scan, MRI, ultrasound (2D, 3D/4D), X-ray (computed radiography, digital X-ray), endoscopy (flexible, rigid)
• End Use Channels: Mobile clinics, small clinics, home care, research laboratories, specialty veterinary hospitals, teaching hospitals
• Distribution Networks: Direct sales, traditional distributors, online sales platforms
• Regions Covered: Americas (United States, Canada, Mexico, Brazil, Argentina, Chile, Colombia, Peru), Europe (United Kingdom, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland), Middle East (United Arab Emirates, Saudi Arabia, Qatar, Turkey, Israel), Africa (South Africa, Nigeria, Egypt, Kenya), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan)

Key Takeaways for Senior Decision-Makers

• Veterinary device usage is expanding rapidly due to demand for early detection and minimally invasive interventions across animal health settings.
• Integration of digital platforms and cloud analytics is transforming diagnostic accuracy, driving a shift toward data-driven, value-based care ecosystems.
• Imaging, laboratory, and monitoring innovations are reshaping standards of care while enabling seamless practice workflows.
• Wearable and telemetric devices are making continuous health tracking feasible for high-value livestock and equine populations, positioning manufacturers and service providers for new growth opportunities.
• Regulatory changes and evolving quality standards are prompting device makers to refine supply chain strategies while supporting sustained innovation and compliance.
• Collaboration among manufacturers, biotechnology companies, and software providers is strengthening end-to-end solution delivery.

Tariff Impact: Implications for the Veterinary Device Market

The 2025 United States tariffs have led to increased costs for equipment and components, affecting sourcing strategies throughout the market. Veterinary clinics, hospitals, and device manufacturers are facing heightened financial pressures and adapting through subscription-based models, supply chain diversification, and closer engagement with domestic suppliers. These shifts are driving renewed focus on balancing investment efficiency with access to high-quality care solutions, particularly across cost-sensitive segments.

Veterinary Device Market Analysis: Methodology & Data Sources

This research is based on a multi-phase approach combining secondary research from industry publications, scientific literature, and regulatory guidance with structured primary interviews. Data was triangulated using proprietary databases, financial reports, and government trade statistics. Validation by veterinary sector experts ensures robust, actionable findings with high data integrity.

Why This Report Matters

• Provides strategic clarity on emerging technologies, regulatory shifts, and regional opportunities crucial for capital allocation and risk mitigation.
• Enables data-driven decision-making for senior leaders assessing investment, procurement, and partnership initiatives across the veterinary device landscape.

Leading Veterinary Device Manufacturers

• IDEXX Laboratories, Inc.
• Heska Corporation
• Patterson Companies, Inc.
• Agilent Technologies, Inc.
• Thermo Fisher Scientific Inc.
• Danaher Corporation
• Becton, Dickinson and Company
• Bio-Rad Laboratories, Inc.
• Fujifilm Holdings Corporation
• Mindray Bio-Medical Electronics Co., Ltd.

Conclusion

The veterinary device market is rapidly evolving as advanced diagnostics and digital connectivity reshape care delivery and supply chain approaches. Senior decision-makers equipped with this analysis will be well positioned to capitalize on emerging trends and develop resilient, growth-oriented strategies.

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