Animal Wound Care Market is projected to grow from USD 1.2 billion in 2022 to USD 1.7 billion by 2027, at a CAGR of 7.3% from 2022 to 2027, according to a new report by MarketsandMarkets™. The growth in this market is driven by rising demand for animal food products, increasing companion animal market, and surging veterinary healthcare expenditure. However, an upsurge in pet care expenditures and the dearth of vet practitioners in developing markets are impeding the market's growth.
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Browse in-depth TOC on "Animal Wound Care Market"
245 – Tables
46 – Figures
267 – Pages
In this report, the animal wound care market is segmented on the
basis of product, animal type, end users and region.
"Companion
animals defined for the largest share in the animal wound care market by
animals"
In 2021, companion animals for a larger share of the global
market. The growth of this segment can be attributed to the growing companion
animal population, increasing pet care expenditure, the rising number of sports
horses, and surging demand for pet insurance across the world.
"Veterinary
hospitals and clinics accounted for the largest share in the animal wound care
market by end user"
On the basis of end users, the market is segmented into
veterinary hospitals and clinics and home care settings. The large share of
this segment can be attributed to increasing companion animal population and
rising pet care expenditure in emerging regions.
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"Based on Region, North America holds
the largest share in the animal wound care market"
On the basis of region, the animal wound care market is
segmented into North
America, Europe, Asia Pacific, Latin America,
and Middle East Africa. North
America segment accounted for the largest share of the
market in 2021 due to major players availability and advanced healthcare
infrastructure.
Key Market Players:
The prominent players in the global animal wound care market are
Medtronic PLC (Ireland),
Elanco Animal Health (US), Virbac (France), B. Braun Melsungen AG (Germany),
Dechra Pharmaceuticals (UK), Neogen Corporation (US), Jorgen Kruuse A/S (Denmark),
Ethicon, Inc. (US), Sonoma Pharmaceuticals Inc. (US), Prima-Vet Inc. (US),
Smith & Nephew PLC (UK), Jazz Medical, LLC (Ireland), Kericure Inc. (US), etc.
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