Veterinary Infusion Pumps Market Size & Growth Report to 2030

Key Findings:

• The market is estimated to register a significant CAGR of ~ 7.5% by the end of the analysis period 2030
• By product type, the volumetric infusion pumps segment held the largest market share in 2023
• By end-use, the veterinary hospitals and clinics segment held the largest revenue share of around 50% of the market in 2023
• Geographically, North America is estimated to hold the largest market share of around 1/3 market share by the end of the analysis period

The global Veterinary Infusion Pumps Market is estimated to grow at a significant CAGR of around 7.5% during the forecast period from 2024 to 2030. One of the primary drivers is the increasing prevalence of chronic diseases and conditions in companion animals and livestock, necessitating precise and controlled administration of medications and fluids. Moreover, advancements in veterinary medicine and technology, such as the development of portable and programmable infusion pumps, are expanding treatment options and improving patient outcomes. The growing awareness among pet owners regarding the importance of veterinary care and the rising disposable income levels are also contributing to the market growth. Additionally, government initiatives and regulations aimed at ensuring animal welfare and promoting healthcare standards are further propelling the demand for veterinary infusion pumps. Furthermore, the expansion of veterinary healthcare facilities and the surge in pet ownership rates across both developed and developing economies are fueling market expansion, creating lucrative opportunities for manufacturers and stakeholders in the veterinary infusion pumps industry. According to the American Pet Products Association (APPA), pet care spending in the United States is projected to rise from $136.8 billion in 2022 to $143.6 billion by 2023.

Market Snapshot:

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Market Trends:

Technological Advancements: The veterinary infusion pumps market is experiencing a wave of technological innovations aimed at enhancing the functionality and usability of infusion pumps. Manufacturers are continuously refining their products to incorporate features like advanced user interfaces, touchscreen displays, and connectivity options such as Bluetooth and Wi-Fi. These technological advancements not only improve the accuracy and efficiency of fluid delivery but also enable seamless integration with other healthcare systems, such as electronic medical records (EMRs) and telemedicine platforms. Additionally, the development of smart infusion pumps equipped with artificial intelligence algorithms allows for real-time monitoring of infusion parameters and automatic adjustment of infusion rates based on patient needs, further enhancing patient safety and treatment outcomes.

Increasing Pet Ownership: The veterinary infusion pumps market is witnessing a steady rise in demand driven by the growing number of households owning pets, particularly in urban areas. This increase in pet ownership reflects shifting societal attitudes towards pets, with more individuals considering pets as integral members of their families. As pet owners prioritize the health and well-being of their furry companions, they are increasingly willing to invest in advanced veterinary care services, including infusion therapy, to ensure optimal health outcomes for their pets. This trend is particularly pronounced in developed economies where disposable income levels are relatively high, leading to a surge in spending on pet healthcare products and services.

Growing Veterinary Healthcare Expenditure: With the growing recognition of the importance of preventive and therapeutic veterinary care, there has been a notable uptick in veterinary healthcare expenditure worldwide. Pet owners are increasingly seeking out comprehensive healthcare solutions for their pets, encompassing routine check-ups, vaccinations, diagnostics, and specialized treatments such as infusion therapy. This increased spending on veterinary healthcare services is driving the adoption of advanced medical devices like infusion pumps in veterinary clinics, hospitals, and home care settings. Moreover, the availability of pet insurance plans that cover veterinary expenses further facilitates access to advanced medical treatments, contributing to the growth of the veterinary infusion pumps market.

Focus on Animal Welfare: In response to heightened awareness of animal welfare concerns, manufacturers in the veterinary infusion pumps market are placing greater emphasis on designing products that prioritize the comfort and well-being of animals. Infusion pumps specifically tailored for veterinary use are being developed with features aimed at minimizing stress and discomfort during medical procedures. For example, manufacturers are incorporating quiet operation modes, vibration reduction mechanisms, and adjustable infusion rates to accommodate the unique physiological characteristics and behavioral tendencies of different animal species. By addressing animal welfare considerations, manufacturers aim to enhance the overall treatment experience for both animals and caregivers, fostering trust and loyalty among veterinary professionals and pet owners alike.

Market Challenges:

Despite the promising growth prospects, the veterinary infusion pumps market faces several significant challenges. One key challenge is the high cost associated with advanced infusion pump technologies, which can pose financial barriers to adoption for veterinary clinics, hospitals, and pet owners, particularly in regions with limited healthcare budgets or lower levels of disposable income. Additionally, the complexity of regulatory requirements and certification processes presents a formidable challenge for manufacturers seeking to navigate multiple regulatory frameworks across different jurisdictions, leading to delays in product approvals and market entry.

Market Opportunities:

The veterinary infusion pumps market presents several compelling opportunities for growth and expansion. One notable opportunity stems from the increasing demand for specialized veterinary healthcare services, driven by rising pet ownership rates and a growing emphasis on preventive and therapeutic veterinary care. This trend opens up avenues for manufacturers to develop innovative infusion pump technologies tailored to the unique needs of different animal species, including companion animals, livestock, and exotic pets. Moreover, the growing popularity of home-based veterinary care services, fueled by advancements in telemedicine and remote monitoring technologies, creates a burgeoning market for portable and ambulatory infusion pumps that enable continuous infusion therapy outside of traditional clinical settings.

Market Insights:

The global veterinary infusion pumps market is bifurcated into product type, animal type, route of administration, application, end-use, and geography. On the basis of product type, the market is further segmented into volumetric infusion pumps and syringe infusion pumps. The volumetric infusion pumps segment is estimated to hold the largest revenue share of over 3/4 market share in the benchmark year 2023. The segment dominance is attributed to their versatility, precision, and broad applicability across various clinical scenarios. These pumps are capable of delivering fluids at controlled rates over time, catering to a wide range of veterinary applications including routine fluid therapy, medication administration, and long-term infusion protocols. Their precise fluid delivery mechanisms ensure accurate dosing, making them indispensable tools for veterinary professionals seeking to maintain patient health and optimize treatment outcomes. Furthermore, volumetric infusion pumps often incorporate advanced features such as touchscreen interfaces, wireless connectivity, and integration with electronic medical records, enhancing user convenience and enabling seamless integration into modern veterinary practices.

On the basis of end-use, the global veterinary infusion pumps market is further segmented into veterinary hospitals & clinics, home care, research & academic institutions, and others. The veterinary hospitals and clinics segment held the largest revenue share of around 1/2 of the market share in the benchmark year 2023. The segment dominance is attributed to their high patient volume, complex medical cases, and demand for advanced technologies. These facilities serve as primary points of care for animals, necessitating a wide array of medical equipment, including infusion pumps, to support various treatment protocols. Infusion pumps play a critical role in delivering fluids and medications accurately, particularly in critical care scenarios or during surgeries, where precise dosing and continuous infusion therapy are essential. Moreover, veterinary hospitals and clinics are early adopters of advanced medical technologies, driving the demand for infusion pumps with innovative features such as wireless connectivity and advanced monitoring capabilities. Adherence to strict regulatory standards further reinforces the dominance of this segment, as infusion pumps used in hospital environments must meet stringent safety and efficacy requirements.

The veterinary infusion pumps market research report presents the analysis of each segment from 2020 to 2030 considering 2023 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2024 to 2030.

Historical & Forecast Period

• 2020-22 – Historical Year
• 2023 – Base Year
• 2024-2030 – Forecast Period

Market Segmentation:

By Product Type:

• Volumetric Infusion Pumps
• Syringe Infusion Pumps

By Animal Type:

• Companion Animals
• Livestock Animals

By Route of Administration:

• Intravenous (IV)
• Subcutaneous
• Epidural Infusion
• Others

By Application:

• Fluid Therapy
• Anesthesia
• Pain Management
• Nutrition
• Others

By End-Use:

• Veterinary Hospitals & Clinics
• Home Care
• Research & Academic Institutions
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Analysis:

Geographically, North America dominated the global veterinary infusion pumps market in 2023 and expected to hold the largest revenue share of around 33% market share by the end of the analysis period to 2030. North America emerges as the dominant region in the market owing to its combination of a large market size and a technologically advanced healthcare landscape. The region, particularly the United States, boasts a significant population of companion animals and livestock, driving robust demand for veterinary care and medical equipment like infusion pumps.

Moreover, North America’s strong innovation ecosystem fosters the development of cutting-edge veterinary medical devices, including infusion pumps, which attracts demand from veterinary professionals seeking high-quality solutions. Additionally, the region’s well-established regulatory environment, overseen by agencies such as the U.S. Food and Drug Administration (FDA), ensures stringent standards for product quality, safety, and efficacy, instilling confidence among consumers and promoting market dominance.

Furthermore, North America’s advanced healthcare infrastructure, comprising state-of-the-art veterinary hospitals, clinics, and research institutions, provides a conducive environment for the adoption of sophisticated medical technologies like infusion pumps. The region’s well-educated consumer base, coupled with a culture of animal welfare and a high level of awareness of pet health issues, further contributes to the dominance of the veterinary infusion pumps market.

Competitive Landscape:

Some of the dominant market players operating in the global veterinary infusion pumps market are Avante Health Solutions, Digicare Biomedical Technology Inc., HESKA Corporation, and Burtons Medical Equipment. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Recent Developments:

• In December 2022, the Indian government initiated the Livestock Health and Disease Control Programme (LHDCP) across the nation. This comprehensive program aims to safeguard animal health by implementing prophylactic vaccination against prevalent diseases, bolstering the capacity of veterinary services, enhancing disease surveillance mechanisms, and fortifying veterinary infrastructure, which includes the provision of essential veterinary healthcare equipment in hospitals.
• In May 2022, Hawkmed, a prominent medical equipment company, introduced its latest offering, the TOUCH-SCREEN Veterinary Infusion Pump-HK-T100VET. This advanced infusion pump represents an upgrade from their previous HK-100VET model, featuring a 3.5-inch TOUCH-SCREEN equipped with an interactive user interface. This innovative upgrade promises to deliver an enhanced user experience for veterinary professionals engaged in administering infusion therapy to animals.

Key Companies:

• Braun Melsungen AG
• Shenzhen Mindray Animal Medical Technology Co., LTD.
• Avante Health Solutions
• Burtons Medical Equipment
• Digicare Biomedical Technology Inc.
• Eitan Medical Ltd.
• Grady Medical Systems
• HESKA Corporation
• Leading Edge Veterinary Equipment
• Millpledge Veterinary

Key Questions Answered by Veterinary Infusion Pumps Market Report

• Global veterinary infusion pumps market forecasts from 2024-2030
• Regional market forecasts from 2024-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2024-2030 covering 15 major countries from the regions as mentioned above
• Veterinary infusion pumps submarket forecasts from 2024-2030 covering the market by product type, animal type, route of administration, application, end-use, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level veterinary infusion pumps markets from 2024-2030
• Competitive Landscape and market positioning of top 10 players operating in the market