Global Veterinary Surgical Instruments Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
The Veterinary Surgical Instruments Market Report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2031.
The Veterinary Surgical Instruments Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The veterinary surgical instruments market report has been segmented on the basis of product, animal type, application, and region.
This Veterinary Surgical Instruments Market report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.
Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Veterinary Surgical Instruments Market Overview:
“The Veterinary Surgical Instruments Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Veterinary surgical instruments are specialized surgical instruments manufactured and used by veterinarians across the globe to perform surgical procedures on animals.
These types of instruments are commonly made from austenitic or martensitic stainless steel. Surgical instruments can be differentiated on the basis of their function, such as instruments used for holding, pulling, crushing, cutting, and closing wounds.
Common types of procedures wherein veterinary surgical instruments are used include, sterilization surgery, dental, ophthalmic, and orthopedic surgery.
The rising demand for proper veterinary infrastructure, especially in developed economies is a major factor driving the growth of the global veterinary surgical instruments market.
In addition, increasing adoption of pets and growing pet healthcare expenditure are other major factors expected to boost the growth of the global veterinary surgical instruments market over the forecast period.
However, the lack of skilled veterinarians, especially in developing economies is a major factor restraining the growth of the global veterinary surgical instruments market.
Additionally, lack of awareness about animal health coupled with a limited number of veterinary facilities in emerging economies is another major factor expected to hamper the growth of the global veterinary surgical instruments market over the forecast period.
Currently, the market in North America accounts for the highest share in the global veterinary surgical instruments market in revenue terms, owing to growing awareness about pet health, and high adoption of pets in the region.
The market in Europe accounted for the second-highest revenue share in the global veterinary surgical instruments market, due to high healthcare expenditure by governments of countries, and high disposable income, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively.
The market in the Asia Pacific is projected to witness the fastest growth in terms of revenue, owing to the increasing adoption of pets and growing awareness about animal health in the region.
Moreover, the markets in Latin America and Middle East & Africa are expected to witness moderate growth over the forecast period. Also, revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% over the forecast period.
Veterinary surgical instruments market segmentation:
- Sutures, Staplers, and Accessories
- Handheld Devices
- Electro-surgery Instruments
By animal type:
- Small Animals
- Large Animals
- Soft Tissue Surgery
- Sterilization Surgery
- Gynecology & Urology Surgery
- Dental Surgery
- Orthopedic Surgery
- Ophthalmic Surgery
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Braun Vet Care GmbH
- Medtronic Plc.
- Ethicon Inc.
- JORGEN KRUSSE A/S
- Jorgensen Laboratories
- Smiths Group Plc.
- Neogen Corporation
- Integra LifeSciences Holdings Corporation
- STERIS Corporation
- DRE Veterinary
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