The global Animal Wound Care Market in terms of revenue was estimated to be worth $1.3 Billion in 2023 and is poised to reach $2.0 Billion by 2029, growing at a CAGR of 7.4% from 2023 to 2029. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. The increasing adoption of pets, growing veterinary healthcare research, and rising animal healthcare expenditure are driving demand for animal wound care products. As pet owners prioritize their animals' health and well-being, there is a growing demand for innovative wound care products and treatments, driving market growth. However, factors such as the elevated costs of pet care in emerging regions, the animal wound care market through its innovative developments of wound management products has an opportunity to impact animal healthcare and well-being.
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The prominent players in the animal wound care market are Elanco Animal Health (US), 3M Company (US), Medtronic PLC (Ireland), B. Braun Melsungen AG (Germany), Virbac (France), Neogen Corporation (US), Jorgen Kruuse A/S (Denmark), Sonoma Pharmaceuticals Inc. (US), Ethicon, Inc. (US), and Dechra Pharmaceuticals (UK). Other players in the animal wound care market are Jazz Medical, LLC (Ireland), Smith Nephew PLC (UK), Kericure Inc. (US), Advancis Veterinary (UK), Care-Tech Laboratories, Inc. (US). These players include high shares in the market due to strategic mergers, acquisitions, partnerships, and large distribution channels adopted by them. This also leads to an increase in their geographic reach.
The research report categorizes the animal wound care market to forecast revenue and analyze trends in each of the following submarkets:
By Product
- Surgical Wound Care Products
- Sutures And Staplers
- Tissues Adhesives, Sealants, And Glues
- Advanced Wound Care Products
- Foam Dressings
- Hydrocolloid Dressings
- Film Dressings
- Hydrogel Dressings
- Other Advanced Dressings
- Traditional Wound Care Products
- Tapes
- Dressings
- Bandages
- Absorbents
- Other Traditional Wound Care Products
- Therapy Devices
By Animal Type
- Companion Animals
- Livestock Animals
By End User
- Hospitals Clinics
- Home Care Settings
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The sutures and staplers segment accounted for the largest share of the surgical wound care products market in the animal wound care industry.
The sutures and staplers segment held the largest share of the surgical wound care products market in 2022. This growth is primarily attributed to increasing chronic diseases in animals and the prevalence of veterinary conditions. Sutures and staplers play a crucial role in the animal wound care market by providing effective means for wound closures in veterinary procedures. Sutures are used in various medical treatments that help effective healing by closing wounds. They are especially valuable in surgeries and emergency medicine for animals. Staplers, on the other hand, offer a faster and often more convenient alternative for treating cuts or incisions in veterinary conditions. Sutures and staplers, with their diverse applications and materials suited for different treatments, provide veterinarians with essential tools to ensure effective wound closure and facilitate the healing process in animals.
North America is expected to account for the largest share of the animal wound care industry.
North America accounted for the largest share of the animal wound care market in 2022 owing to factors such as government initiatives, higher animal healthcare spending, and growing advances in veterinary healthcare. All these trends are projected to further drive the market growth of global animal wound care products. Moreover, North America's robust research and development activities contribute to innovation in the field of animal wound care market.
