Report

Global Veterinary Surgical Instruments Market Size study, By Product, By Animal Type, By Application, and Regional Forecasts 2022-2028

  • Publish Date: May,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Veterinary Surgical Instruments Market is valued at approximately USD 1.02 billio in 2021 and is anticipated to grow with a healthy growth rate of more than 6.6% over the forecast period 2022-2028. The veterinary surgical instruments are instruments that are designed for specialized functions such as pulling, cutting, clamping, crushing, holding, and closing a wound. The rising use of veterinary surgical instruments in applications such as gynecology & urology surgery, dental surgery, soft tissue surgery, orthopedic surgery, sterilization surgery, ophthalmic surgery, and many others are propelling the market demand. In addition, factors such as growing demand for pet insurance, the exponential growth of the companion animal market, increasing veterinary practitioners, and the rising number of company initiatives are surging the market demand across the globe. For instance, Henry Schein proclaims the acquisition of Merritt Veterinary Supplies- a am animal health products supplier in October 2017. The objective of this acquisition is to increase the company's consumer base and boost its market position across the animal health industry. However, the lack of animal health awareness impedes the growth of the market over the forecast period of 2022-2028. Also, the introduction of specialized surgical products is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global Veterinary Surgical Instruments Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the escalating number of veterinary practitioners and their income levels, increasing animal healthcare expenditure, rising awareness regarding animal diseases. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rapid adoption of new techniques such as advanced diagnostic services, as well as the growing geriatric pet population would create lucrative growth prospects for the Veterinary Surgical Instruments Market across the Asia-Pacific region.

Major market players included in this report are:

B. Braun Vet Care GmbH

Medtronic Plc.

Ethicon Inc.

Jorgensen Laboratories

Neogen Corporation

Integra LifeSciences Holdings Corporation

STERIS Corporation

DRE Veterinary

GerMedUSA, Inc.

World Precision Instruments, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product

Sutures, Staplers and Accessories

Handheld Devices

Electro-surgery Instruments

Others

By Animal Type

Small Animals

Canines

Felines

Other Small Animals

Large Animals

Equines

Other Large Animals

By Application

Soft Tissue Surgery

Sterilization Surgery

Gynecology & Urology Surgery

Dental Surgery

Orthopedic Surgery

Ophthalmic Surgery

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Veterinary Surgical Instruments Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors