GLOBAL VETERINARY FURNITURE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

The veterinary furniture market has seen significant growth in recent years. As animal health and welfare continue to be priorities for pet owners and veterinary professionals alike, demand has risen for modern equipment and facilities designed to enhance the comfort, safety, and productivity of clinical settings. Veterinary practices now offer a wider range of advanced services requiring specialized medical furniture. Factors like increased pet ownership rates in developed nations, rising disposable incomes allowing for more premium care options, and mandatory upgrades to meet new standards are driving upgrades to dated furnishings. With urbanization leading to smaller practice spaces as well, furniture manufacturers are innovating compact yet functional solutions. Overall, focus on patient-centric care and compliance with stricter regulations will sustain growth opportunities for veterinary furniture in the coming years.

 Market Dynamics:

The global veterinary furniture market is primarily driven by rising pet ownership across the world coupled with growing expenditure on animal health. Other drivers include mandatory compliance with upgraded practice standards requiring renovations and replacements. Industry regulations now emphasize animal welfare with strict norms around equipment sterilization, procedure areas, and recovery suites pushing renovations. However, high initial costs deter some small practices and act as a restraint. The market also sees opportunities from newer product categories like multi-functional modular furniture minimizing space usage. Customized offerings suited for niche settings like veterinary schools and research labs present an untapped prospect. For instance, on January 23, 2023, according to the 2021-2022 data published by American Pet Products Association (APPA) National Pet Owners Survey, 70% of the U.S. households own a pet that equates to 90.5 million homes in 2022

Key features of the study:

• This report provides in-depth analysis of the global veterinary furniture market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global veterinary furniture market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Everest-Tecnovet, VETINOX, DRE Veterinary, PetLift, Midmark Corporation, TECHNIK Ltd, OLYMPIC VETERINARY, Covetrus, Suburban Surgical Co., Inc., GPC Medical Limited, David Bailey Furniture Systems Ltd, North American Pet Products, Go Pet Club , PetPals Group, Inc , MidWest Homes For Pets and Ultra Modern Pet
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global veterinary furniture market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global veterinary furniture market

Detailed Segmentation:

• Global Veterinary Furniture Market, By Product Type
  • Tables
    • Exam Tables
    • Surgery Tables
    • Lift Tables
    • Others
  • Mobile/ Procedure Carts
  • Workstation
  • Boarding & Containment
  • Chairs & Stools
  • Others
• Global Veterinary Furniture Market, By Usage
  • Veterinarian/ Technician Use
  • Patient Use
• Global Veterinary Furniture Market, By Purchasing Mode
  • Direct
  • Distributor
• Global Veterinary Furniture Market, By End User
  • Veterinary Hospitals
  • Veterinary Clinics
  • Others
• Global Veterinary Furniture Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Global Veterinary Furniture Market, Key Players
  • Everest-Tecnovet
  • VETINOX
  • DRE Veterinary
  • PetLift
  • Midmark Corporation
  • TECHNIK Ltd
  • OLYMPIC VETERINARY
  • Covetrus
  • Suburban Surgical Co., Inc.
  • GPC Medical Limited
  • David Bailey Furniture Systems Ltd
  • North American Pet Products
  • Go Pet Club
  • PetPals Group, Inc
  • MidWest Homes For Pets
  • Ultra Modern Pet