Veterinary Wound Care Market Demand & Opportunity Outlook
General wound care begins after the animal has been stabilized if it has undergone trauma or is in shock. First aid, such as pressure to stop bleeding and basic bandaging, is generally done quickly. Irrigation of the wound, called lavage, washes away both visible and microscopic debris.
Pet owners and veterinarians are placing increasing emphasis on providing quality care to their animals, and wound care or infection treatment in animals is critical to reducing pain, avoiding infection, and promoting a faster healing process. This has resulted in increased demand for veterinary wound care products.
The global veterinary wound care market is valued at approximately US$1.3 billion in 2023 and is expected to reach approximately US$2.6 billion by 2030. And the CAGR will be close to 6% during the forecast period from 2024 to 2030.
What are the Key Opportunities & Restraints for the Manufacturers of Veterinary Wound Care Products?
Advances in veterinary medicine and wound care technology (nursing, diagnosis, and treatment).
Development and updating of wound care products to meet the specific needs of different animal species.
The expansion of veterinary hospitals and clinics and the spread of specialized wound care services
However,
Access to veterinary facilities with advanced wound care capabilities may be limited in some rural or less developed areas where veterinary services and specialized wound care knowledge may be limited.
And complying with regulatory regulations and obtaining the required licenses for veterinary wound care products can be difficult and time-consuming. This increases the complexity and potential barriers for manufacturers to bring innovative wound care solutions to market.
Major Players in the Veterinary Wound Care Market are:
Jorgen Kruuse, Medtronic, KOB GmbH, Neogen Corporation, Virbac, Dechra Pharmaceuticals, B Braun, Elanco, Ethicon, and Jazz Medical.
领英推荐
In March 2021, PetCare launched an integrated package providing for pet health. This bundle included skin and coat health chews, conditioning tea tree oil shampoo, and hot spot relief cream for pets' health and well-being.
In 2021, the APPA (American Pet Products Association) predicted that nearly 70% of American households, or 90.5 million households, would have a pet. Also, the expenditure in the USA pet industry increased from US$ 90.5 Billion in 2018 to US$ 123.6 Billion in 2021.
Key Market Segments Covered in the Veterinary Wound Care Industry:
By Type:
By End-User:
By Geography:
Related Market Research Reports: