The increasing prevalence of animal diseases is driving the growth of the animal wound care market.
PUNE, India, February 2, 2023 /PRNewswire/ —
Animal Wound Care Market Overview:
The Global Animal Wound Care Market is currently valued at $1.85 billion and should reach $1.00 billion by the end of 2029, growing at a CAGR of 7.1% over the next decade.
Pet wound care is one of the most important aspects of keeping your pet healthy. We’ve compiled a list of facts and tips to help you treat your pet’s wounds effectively and safely. The goal of animal wound care is to produce a clean environment, allowing healing to occur and promoting better tissue health. Our pet wound care products are strong and effective, yet gentle enough for your feline friend. We only use the highest quality ingredients to give you a longer lasting product that heals faster, while preventing infection and pain. A detailed overview of the various aspects involved in animal wound care, from hygiene to surgery. This in-depth overview of animal wound care gives you all the information you need about the different types of wounds and how to treat them. You’ll learn everything from general floor cleaning techniques to specific products that help heal injured animals.
Animal wound care is a multidisciplinary field that involves the diagnosis, treatment, prevention and control of animal injuries. There are several key growth drivers for this industry, including a rapidly aging and chronically ill population, increasing prevalence of obesity and diabetes in humans and animals, increasing regulatory requirements for compliance with animal health technologies and increased demand from people who own pets.
The key growth drivers of this Animal Wound Care Market:
The major growth drivers of the global animal wound care market are increased awareness of veterinary services and products in urban households and increasing consumer adoption of alternative therapies. In addition, increasing disposable incomes and socio-economic factors such as changing lifestyles, increasing level of disposable income and increasing purchasing power will have a positive impact on the growth of this market.
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Instant developments:
In April 2022Elanco and Ginkgo Bioworks launch BiomEdit, a new animal health company leveraging microbiome technology.
April 2020Elanco and VetNOW collaborated to expand their access to veterinary care and relieve pet owners of the impact of COVID-19.
Overview of Animal Wound Care Market Share: North America (41%) accounts for the largest share of the global animal wound care market owing to the significant presence of key market players in the region.
Summary of market segmentation:
The animal wound care market defines different types of products: surgical wound care products, advanced wound care products, traditional wound care products and therapy devices.
There are 2 types of animals in the animal wound care market: companion animals, farm animals
In the animal wound care market, the end-use industry segment defines 2 types of end users: hospitals and clinics, home care facilities
Scope of Animal Wound Care Market Report:
|
Report Highlights |
Details |
|
Animal Wound Care Market Size |
$1.85 billion |
|
Revenue forecasts in 2029 |
$1.00 billion |
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CAGR value |
7.1% CAGR |
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Forecast period |
2023-2029 |
|
Best Competitor |
Medtronic, 3M Company, Johnson & Johnson (Ethicon), Virbac, Advancis Veterinary Ltd., Innovacyn, Inc., Robinson Healthcare, NEOGEN Corporation, KeriCure, Inc., Sonoma Pharmaceuticals and others |
|
Key segments |
By product, animal type, end user and region |
|
Report cover |
Market Growth Drivers, Restraints, Opportunities, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis, Regulatory Landscape, Market Attractiveness Analysis by Segment and Region, Company Market Share Analysis and COVID-19 impact analysis. |
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Regional scope |
North America, Asia-Pacific, Europe, Middle East and Africa, and South and Central America |
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Scope of customization |
15% free personalization |
Discover the contribution of each segment summarized in concise infographics and detailed descriptions See a sample FREE PDF report
Animal Wound Care Market: Regional Landscape
The prevalence of animal diseases, the regularity of animal injuries, the prevalence of zoonotic infections (diseases transmitted from animals to humans) and the increase in the number of pet owners are some of the factors driving the anticipated growth of the global animal wound care market.
North America accounted for the largest market in the animal wound care market. North America (UNITED STATES and Canada) remains the leading region in terms of growth with markets accounting for nearly 41% globally. The region’s demand for wound care products is expected to be boosted by increased efforts by major manufacturers to expand their product lines and ensure high quality standards. For example, Elanco Animal Health expanded its line of medications by launching a new flea ointment in June 2020.
Asia Pacific is expected to experience profitable expansion in the animal wound care market. Due to the dependence of the majority of countries on agricultural exports and production, farm animals are widely available and are expected to expand significantly. Additionally, the market in the region is growing owing to the growing awareness of livestock animal diseases. Increasing disposable income increases the likelihood that more people will adopt pets, which expands the industry’s potential for future growth. Additionally, the market is expected to have several growth prospects over the projection period owing to the continuous updating of the healthcare infrastructure.
Some other key high-growth countries:
The United States dominates the market for North America. The treatment of wounds in veterinary medicine is managed by an organization known as the United States Animal Health Association. This group keeps an eye out for new products that may be needed for animal health. This organization runs a number of publicity activities across the country to educate veterinary professionals and the general public on the best ways to treat animal injuries. Additionally, according to the American Pet Products Association Inc., spending on pets in United States increases by $95.7 billion in 2019 at a screening $99 billion in 2020.
To browse the full report- https://accuracyconsultancy.com/reports/12586/animal-wound-care-market/
In this report, the market has been segmented on the basis of:
Animal Wound Care Market by Product, 2023-2029
- Surgical wound care products
- Advanced wound care products
- Traditional wound care products
- Therapy devices
Animal Wound Care Market by Animal Type
- Pets
- Live races
Animal Wound Care Market by End User
- Veterinary hospital and clinic
- Home Care
- Research institutes
Animal Wound Care Market by Distribution Channel
- Retail
- E-commerce
- Veterinary hospital and clinic
Animal Wound Care Market by Regions
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Important countries from all regions are covered
Key target audience
- Clinical Service Providers
- Clinical Equipment Distributors
- Clinical Equipment Manufacturers
- Clinics
- Hospitals
- Healthcare companies
- Pharmaceutical companies
- Market research and consulting companies
- Government agencies and regulatory authorities
What are the objectives of the report?
- The projected market size of the Animal Wound Care Market industry by the end of forecast period is presented in this market report.
- Analysis of past and current market size.
- The chart shows the annual growth rate (%) and the compound annual growth rate (CAGR) for each forecast period based on various indicators.
- The research includes market overview, geographic scope, segmentation and financial performance of key competitors.
- The research assesses the current state and future growth opportunities of the industry by North America, Asia Pacific, Europe, Latin America, Middle East and Africa.
Read Exactitude Consultancy’s Global Healthcare Industry Research Report: https://accuracyconsultancy.com/product-category/life-sciences/healthcare/
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