Equine Operating Table Market by Type, End-User

Description

List of Tables

[186 Pages Report] The Equine Operating Table Market size was estimated at USD 720.24 million in 2023 and expected to reach USD 771.31 million in 2024, at a CAGR 7.18% to reach USD 1,170.68 million by 2030.

An equine operating table is a specialized piece of medical equipment used for surgical procedures on horses. Given horses' size and specific needs, these tables are designed to support their weight, size, and the unique requirements of veterinary surgical practices. The growth in equine veterinary services globally, along with the expansion of veterinary facilities, is expanding the demand for specialized equipment, including operating tables, which is driving the market growth. Advancements in equine healthcare increase the demand for specialized surgical procedures that improve the health and longevity of horses, creating a platform for equine operating tables. This pushes for more sophisticated operating tables. The high cost of equine operating tables and the rising complexity hamper the market growth. Rising innovations in veterinary surgical tools and methods that encourage the development of more advanced operating tables to accommodate these new techniques better and ensure the safety of the animals during surgery are expected to create opportunities for market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 720.24 million
Estimated Year [2024]	USD 771.31 million
Forecast Year [2030]	USD 1,170.68 million
CAGR (%)	7.18%

Regional Insights

The Americas region shows a strong market presence due to the high number of equine facilities and the significant investment in veterinary healthcare. Innovations in veterinary practices and a high standard of care for horses contribute to steady demand. Moreover, events such as horse racing and equestrian sports, which are popular in this region, support the demand for advanced veterinary services, including sophisticated operating tables. In the Asia-Pacific region, the market is growing, driven by increasing awareness of veterinary health and a growing number of equine owners and breeders, especially in countries including, Australia and New Zealand. The expansion in this region is also bolstered by rising disposable incomes and the gradual proliferation of Western equestrian sports. Europe is a significant country in the equine operating table market, owing to its strong equestrian culture and high standards of animal welfare. Countries such as Germany, the UK, and France have a well-established infrastructure for equine healthcare and are prominent in innovations and adoption of advanced veterinary treatments and technologies. The Middle East shows potential for market growth, particularly in affluent areas where horse racing and breeding are popular. Africa tends to be a smaller market with limited growth potential due to economic constraints and fewer equine facilities.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Equine Operating Table Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Increased demand for advanced veterinary care
- Expansion in equine surgery applications
- Supportive reforms in veterinary healthcare infrastructure

Market Restraints
- Product recalls and safety concerns

Market Opportunities
- Proliferation of veterinary care infrastructure
- Government regulations and support for animal welfare

Market Challenges
- Integration and deployment difficulties in veterinary facilities

Market Segmentation Analysis
- Type: Growing usage of fixed equine operating tables as they provide robust and stable support for the horse during surgery
- End-Users: High potential of equine operating table in veterinary hospitals & clinics for performing surgeries on horses as part of a broader range of veterinary services

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Equine Operating Table Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Equine Operating Table Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Enhancing Equine Healthcare: Neogen and TerraNova's Strategic Partnership Focuses on Improved Biosecurity

Neogen Corporation announced a partnership with TerraNova. The partnership is poised to leverage TerraNova's innovative biosecurity solutions alongside Neogen's extensive repertoire of animal safety products, aiming to significantly elevate hygiene and disease prevention standards in equine environments. Neogen and TerraNova are dedicated to delivering unparalleled expertise and solutions through the partnership, addressing the pressing need for holistic and effective biosecurity practices in the realm of equine healthcare. [Published On: 2023-12-05]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Equine Operating Table Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Equine Operating Table Market, highlighting leading vendors and their innovative profiles. These include Autoquip, Avante Animal Health, Big Dog Bed Company, Covetrus, Inc., Dispomed Ltd., DLC Vet Pty Ltd., Infinium Vet, Jorgensen Laboratories, Jorgen Kruuse A/S, Midmark Corporation, Olympic Veterinary Corp., Shank's Veterinary Equipment Inc., Snyder Manufacturing Inc., Technik Veterinary Ltd., Veterinary Anesthesia Systems Inc., Vetland Medical Sales & Services LLC, and VSSI, Inc..

Market Segmentation & Coverage

This research report categorizes the Equine Operating Table Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Fixed Equine Operating Tables
- Hydraulic Equine Operating Tables
- Mobile Equine Operating Tables
- Tilting Equine Operating Tables

End-User
- Specialized Equine Hospitals
- Veterinary Hospitals & Clinics

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-5D693B46C01C

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increased demand for advanced veterinary care
  - 5.1.1.2. Expansion in equine surgery applications
  - 5.1.1.3. Supportive reforms in veterinary healthcare infrastructure
- 5.1.2. Restraints
  - 5.1.2.1. Product recalls and safety concerns
- 5.1.3. Opportunities
  - 5.1.3.1. Proliferation of veterinary care infrastructure
  - 5.1.3.2. Government regulations and support for animal welfare
- 5.1.4. Challenges
  - 5.1.4.1. Integration and deployment difficulties in veterinary facilities
5.2. Market Segmentation Analysis
- 5.2.1. Type: Growing usage of fixed equine operating tables as they provide robust and stable support for the horse during surgery
- 5.2.2. End-Users: High potential of equine operating table in veterinary hospitals & clinics for performing surgeries on horses as part of a broader range of veterinary services
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Equine Operating Table Market, by Type

6.1. Introduction
6.2. Fixed Equine Operating Tables
6.3. Hydraulic Equine Operating Tables
6.4. Mobile Equine Operating Tables
6.5. Tilting Equine Operating Tables

7. Equine Operating Table Market, by End-User

7.1. Introduction
7.2. Specialized Equine Hospitals
7.3. Veterinary Hospitals & Clinics

8. Americas Equine Operating Table Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Equine Operating Table Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Equine Operating Table Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. Enhancing Equine Healthcare: Neogen and TerraNova's Strategic Partnership Focuses on Improved Biosecurity
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio