Animal Wound Care Market’s Resilient Growth at 8.5% CAGR Forecasted till 2030
The latest report by MarkNtel Advisors, titled “Animal Wound Care Market Report By Product (Surgical Wound Care Products, Advanced Wound Care Products, Traditional Wound Care Products, Therapy Devices), By Animal Type (Companion Animals, Livestock Animals), By End-User )Hospitals & Clinics, Home Care Settings) others and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the Animal Wound Care Market research report.
What is the market outlook for Animal Wound Care?
The Global Animal Wound Care Market size was valued at around USD 1.24 billion in 2023 & is estimated to grow at a CAGR of around 8.5% during the forecast period, i.e., 2024-30.
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Major Companies Operating in the Animal Wound Care Industry:
Elanco Animal Health, 3M Company, Medtronic PLC, B. Braun Melsungen Ag, Virbac, Neogen Corporation, Jorgen Kruuse A/S, Sonoma Pharmaceuticals Inc., Ehicon, Inc., Dechra Pharmaceuticals, Jazz Medical, LLC, Smith & Nephew PLC, Care-Tech Laboratories, Inc., Others
Animal Wound Care Market Report Segmentation:
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
–Others
-Traditional Wound Care Products
–Tapes
–Dressings
–Bandages
–Absorbents
–Others
-Therapy Devices
- Among all, under the surgical wound care segment, the sutures and staplers segment is anticipated to capture the largest market share in the animal wound care market during the forecast period.
By Animal Type
-Companion Animals
–Dogs
–Cats
–Horses
–Others
-Livestock Animals
–Cattle
–Pigs
–Poultry
–Others
By End-User
-Hospitals & Clinics
-Home Care Settings
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Regional Insights:
By Region
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
Global Animal Wound Care Market Driver: Rising Awareness of Animal Health
The growing consciousness surrounding animal health has emerged as a key factor fueling the expansion of the animal wound care market. With a rise in pet ownership and heightened demand for livestock production, there’s an increasing acknowledgment of the importance of preserving optimal health in animals. According to the American Veterinary Medical Association Report, it has been observed that a significant rise in pet ownership in the U.S. reached around 75 million dogs and 80 million cats in domiciliary areas. This rising population of pets results in a greater emphasis on veterinary care, specifically for wound and injury treatment.
Additionally, the World Organization for Animal Health (OIE) underscores the critical role of animal health in global food security, stressing the necessity of efficient wound care in livestock to uphold sustainable agriculture. The understanding of zoonotic diseases and the interdependency between animal and human health further accentuates the demand for resilient animal wound care remedies. The international marketplace is undergoing notable advancements in animal wound care as major players allocate resources to research & development. These companies are bringing forth innovative solutions, including cutting-edge wound dressings and healing agents, to cater to the diverse requirements of animals.
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