Global Animal Wound Care Market Size and Forecast To 2025

The global animal wound care market size is estimated at USD 1 billion in 2021, and is expected to grow at a compound annual growth rate (CAGR) of 7% from 2022 to 2030. The increasing popularity of companion animals and the growing demand for veterinary surgery are driving the market. In addition, more and more veterinarian visits have further promoted the growth of the market. According to IDEXX Laboratories, Inc., during the 2019 COVID-19 pandemic, an estimated total of US$315 million was visited. The postponement and cancellation of elective surgery on animals due to strict confinement regulations resulted in fewer postoperative wounds. The growth of the market. However, due to the resumption of pet clinic visits and the relaxation of supervision, the animal wound care market experienced a V-shaped recovery in the third quarter of 2020. According to IDEXX, visits to U.S. clinics in the fourth quarter of 2020 increased by 6% from the previous quarter, which is expected to drive revenue growth during the forecast period. Advances in animals and their wound care products are driving the growth of the market. For example, Santa Cruz Animal Health offers a wide range of cattle products, such as topical hydrogels and advanced livestock wound care products. In addition, in December 2020, Spectrum Antimicrobials, Inc. launched Vetricept wound and skin care cleansers to enhance its product portfolio. In addition, strict government regulations related to pet welfare are increasing revenue. For example, according to the Canadian Criminal Law, it is illegal to deliberately ignore, injure, harm, or mutilate animals. Provinces and regions also have laws on the care and treatment of farm animals, which is conducive to growth. European federal laws provide for postoperative treatment/care of animals. The company is implementing strategies such as increasing R&D activities, new product launches, and mergers and acquisitions to further promote revenue. For example, in February 2020, Sonoma Pharmaceuticals and MicroSafe Group reached a $1.1 million asset purchase agreement for certain disinfection, wound care, and animal health products in Europe. In July 2019, Bioiberica launched Klorexivet, which is used to treat cats and dogs with surface damage caused by wounds. Product Information The surgical wound care products division dominates the animal wound care market, with the highest revenue share in 2020 at 42%. Surgical wound care products include sutures and staplers and adhesive tissue. Skin staplers are popular because of their simplicity, economical benefits, reduced operation time and ease of removal. Both absorbable suture thread and non-absorbable suture thread can be used according to the purpose. Surgical sutures and suture boxes are used in various veterinary operations, including orthopedics, cardiovascular and neurosurgery, to provide temporary support for wound healing. Some of the major players that provide these devices include STERIS Corporation, DRE Veterinary, and Surgical Holdings. Due to the increase in the number of veterinary operations and the increasing popularity of surgical wound products, the tissue adhesive/skin glue segment will have a large revenue share in 2020. Tissue adhesives are used to bond tissues and sometimes do not require sutures during veterinary surgery, thereby stimulating segment growth. Few products include Ethicon’s Dermabond, 3M’s Vetbond, Zoetis’ GLUture and Medtronic’s SwiftSet. The Animal Type Insights Companion Animal Division dominates the animal wound care market, with the highest revenue share in 2020, exceeding 60%. Due to the increase in pet health care expenditures, especially in developed regions, these market segments occupy a dominant share. The growing demand for non-invasive surgery is one of the main factors driving the animal wound care market. Modern surgery has several advantages, such as smaller surgical wounds and fewer sutures, allowing pet owners to confidently choose minimally invasive advanced surgery. The increase in the incidence of chronic diseases in pets is expected to drive growth. In addition, due to the increasing prevalence of osteoarthritis and dental diseases, the demand for surgery is also increasing. According to a report by APPA, US pet owners will spend approximately $32.3 billion on veterinary care in 2020. Due to the increasing demand for animal protein and the increasing consumer awareness of high-quality products, the animal husbandry industry is also expected to see significant growth. For example, according to data from the Greenpeace NGO, the European Union provided US$3.068 to US$35 billion in subsidies in 2019 to maintain the welfare of large animals such as horses, livestock or other farm animals that promote growth. Hospitals and clinics dominate the animal wound care market. Because of faster diagnosis and help patients enjoy treatment as soon as possible, they will have the highest revenue share in 2020, exceeding 40%. In addition, the availability of a wide range of treatment methods, as well as better treatment options for wound care in hospitals and veterinary clinics, are the high-impact rendering engines for this market segment. Several government animal welfare organizations have issued guidelines for safety practices and standards implemented in veterinary hospitals and clinics, which has expanded the sector’s growth in recent years. The home care sector is expected to show the fastest growth relative to prognosis. period.

The nationwide lockdown has helped pet owners better understand and receive training in pet health, thereby boosting growth. Pet owners can easily handle minor cuts and injuries from pets. In addition, due to social isolation, the number of people adopting pets after COVID-19 has increased. For example, shelters, non-profit rescue agencies, and private breeders have all reported that after the emergence of COVID-19 in the United States, consumer demand was high, thereby driving the growth of market segments. Due to its high accessibility and affordability, its revenue share in 2020 is 52%. On the contrary, the COVID-19 outbreak may limit the growth of this segment in the next few years. To prevent the spread of the virus, pet owners can restrict non-emergency veterinary visits, such as routine inspections, which in turn will hinder the growth of the market segment. Percentage for 2020. Major players stepped up their efforts to advance the product portfolio and ensure high-quality standards, which are expected to drive the demand for wound care products in the region.

For example, in June 2020, Elanco Animal Health launched a new flea control ointment to enhance its product portfolio. In the Asia-Pacific region, the animal wound care market is expected to see profitable growth during the forecast period. Since most countries rely on agricultural production and exports, the probability of obtaining farm animals is average, so there will be a significant increase. In addition, increased awareness of livestock diseases has further promoted the growth of the market in this region. Increasing disposable income increases the possibility of more adoption of companion animals, which also broadens the prospects for future growth. In addition, it is speculated that the regular updates of medical infrastructure provide high-potential growth opportunities for the market during the forecast period. Major companies and market share prospects market participants are investing in strategies including regional expansion, product launches, acquisitions and partnerships to gain a competitive advantage in the animal wound care market.

For example, in June 2019, B. Braun Melsungen acquired Russia's STAVMED LLC to expand its geographic influence and added six dialysis centers to its supplier products. In addition, in October 2019, 3M acquired Acelity, Inc. to enhance its product portfolio in advanced wounds. Healthcare and professional surgical applications sold under the KCI brand. Some of the major players in the animal wound care market include: B. Braun Melsungen AGMedtronic3M CompanyJohnson & Johnson (Ethicon) VirbacAdvancis Veterinary LtdInnovacyn, Inc.Robinson HealthcareNEOGEN CorporationKeriCure, Inc.Sonoma Pharmaceuticals, Inc. Sectors covered by the report This report predicts global, regional and national revenue growth and provides analysis of the latest industry trends. In each market segment from 2016 to 2028. For the purpose of this research, Kenneth Research has segmented the global animal wound care market report based on products, animal types, end users, distribution channels, and regions: Product Outlook (Revenue, USD million), 2021-2030)

Surgical Wounds Care products Sutures and staplersTissue adhesives, sealants and gluesAdvanced wound care productsFoam dressingsFoam dressingsHydrocolloid film dressingsHydrogel dressingsOther advanced dressingsTraditional productsWound care bandagesAbsorbent bandagesOther traditional wound care productsTherapeutic equipment Animal type perspective (income, thousand lions, 2021-2030) End user perspective of pet cats, dogs, horses and other livestock (income, millions of dollars, 2021-2030) Veterinary hospitals and clinics, home care research institutions distribution channel prospects (income, millions of dollars) , 2021-2030) retail veterinary hospitals and clinics.

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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