Animal Wound Care Market (By Product: Surgical Wound Care Products, Advanced Wound Care Products, Traditional Wound Care Products, Therapy Devices; By Animal Type: Companion Animal, Livestock animal; By End-user: Veterinary hospitals & clinics, Homecare, Research Institutes; By Distribution Channel: Retail, E-commerce, Veterinary hospitals & clinics) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 2030

The global Animal Wound Care market size is expected to be worth around US$ 2.5 billion by 2030, according to a new report by Vision Research Reports.

The global Animal Wound Care market size was valued at US$ 1.10 Bn 2020 and is anticipated to grow at a CAGR of 10.4% during forecast period 2021 to 2030.

Growth Factors

 Increased demand for non-invasive surgeries and the growing prevalence of chronic diseases are propelling the growth. Increasing disposable income in developing countries is expected to further fuel the market. According to Aratana therapeutics report, around 25 million dogs had undergone surgeries in the U.S. in 2019 and among them, around 5.5 million suffered from postoperative pain.

Like other industries, the animal health industry has also been significantly affected in COVID -19 due to the slow movement of the small businesses, service providers, and consumers paused to the social distancing norms and other restrictions. In many countries, the impact of COVID-19 was amplified through other occurrences, such as the African swine fever in Europe and wildfires in the western USA. After the initial shock and confusion about the pandemic, companies and governments soon started taking corrective actions to help the economy and businesses recover. Resumption of pet clinic visits also observed during the 3rd quarter of 2020, thus gradually recovering the revenue.

Report Highlights

The surgical wound care products segment dominated the market for animal wound care and held the largest revenue share of 50.6% in 2020. Surgical wound care products include sutures and staplers and tissue adhesives. Skin staplers have gained popularity due to advantages such as simplicity, increased affordability, reduced surgery time, and easy removal. Absorbable and non-absorbable sutures can be used depending on the purpose. Surgical sutures and suture cassettes are used in various veterinary surgeries, including orthopedic, cardiovascular, and neurological, to provide temporary support for wound healing. Some of the key players that offer these devices include STERIS Corporation, DRE Veterinary, and Surgical Holdings.

The skin glue/tissue adhesives segment held a significant revenue share in 2020 owing to the increasing number of veterinary surgeries and growing adoption of surgical wound products. The tissue adhesives are used to bind the tissues together and sometimes eliminate the need for sutures in veterinary procedures, which is boosting the segment growth. Few products include Dermabond by Ethicon, Vetbond by 3M, GLUture by Zoetis, and SwiftSet by Medtronic.

The companion animal segment dominated the market for animal wound care and held the largest revenue share of over 74.0% in 2020. The dominant share captured by the segments owing to increasing pet healthcare spending, specifically in the developed regions. The increasing demand for non-invasive surgeries is one of the major factors driving the market for animal wound care. Modern surgeries have various advantages such as smaller surgical wounds & fewer stitches, giving confidence to pet parents to opt for advanced minimally invasive surgeries.

The increasing incidence of chronic diseases in pets is further anticipated to fuel growth. In addition, there is increased demand for surgeries due to the rising prevalence of osteoarthritis and dental conditions. According to a report by APPA, pet owners in the U.S. spent around USD 32.3 billion in veterinary care in 2020. The livestock animal segment is also expected to show significant growth owing to increased demand for animal protein and growing consumer awareness about high-quality products. For instance, the EU provided subsidies between USD 30.68 to USD 35.0 billion as per Greenpeace NGO in 2019 to maintain the well-being of large animals, such as equines, livestock animals, or other farm animals propelling the growth..

The veterinary hospitals and clinics segment dominated the market for animal wound care and held the largest revenue share of 54.2% in 2020 owing to faster diagnosis, helping patients avail treatment at the earliest. Moreover, the availability of a wide range of treatments as well as better wound care treatment options in veterinary hospitals and clinics is a high-impact rendering driver for this segment. Various government animal welfare organizations have issued guidelines for safety practices & standards to be implemented in veterinary hospitals and clinics, which has broadened the scope for segment growth over the past few years.

The veterinary hospitals and clinics segment dominated the market for animal wound care and accounted for the largest revenue share of 61.2% in 2020 owing to its high accessibility and affordability. On a contrary, the outbreak of COVID-19 is likely to limit the growth of the segment in the coming years. To prevent the spread of the virus, pet owners may limit non-emergency vet visits like a routine checkup, which, in turn, can hinder segment growth.

The e-commerce segment is expected to show the fastest growth over the forecast period. This can be attributed to various advantages such as increased convenience for patients, not willing to purchase wound care products from retail or hospital pharmacies. Moreover, increasing internet penetration is strengthening the smartphone using population across the globe as it allows better customer experience. Thus, the growing combination of single touch purchase options, rising smartphone adaptivity, and user-friendly web pages have augmented the popularity of e-commerce websites.

North America dominated the animal wound care market and accounted for the largest revenue share of 42.0% in 2020. The rise in efforts taken by major players to advance their product portfolio and guarantee high-quality standards are expected to fuel the demand for wound care products in the region. For instance, in June 2020, Elanco Animal Health introduced a new flea control ointment to enhance its product portfolio.

In Asia Pacific, the market for animal wound care is expected to show lucrative growth over the forecast period. Since most of the nations are reliant on agricultural production and exports, the attainability of farm animals is at large and hence to witness significant growth. Furthermore, the increased awareness about livestock animal diseases further fuels the market growth of the region. Increasing disposable income upsurges the probability of higher adoption of companion animals, which is widening future growth prospects as well. Furthermore, regular update of healthcare infrastructure is presumed to present the market with high potential growth opportunities over the forecast period.

Report Coverage Details
Market Size US$ 2.5 billion by 2030
Growth Rate CAGR of 10.4% From 2021 to 2030
Base Year 2020
Forecast Year 2021 to 2030
Segments Covered Product, Animal Type, End-user, Distribution Channel, Region
Companies Mentioned B. Braun Melsungen AG; Medtronic; 3M Company; Johnson & Johnson (Ethicon); Virbac; Advancis Veterinary Ltd; Innovacyn, Inc.; Robinson Healthcare; NEOGEN Corporation; KeriCure, Inc.; Sonoma Pharmaceuticals, Inc.

Key Players

  • B. Braun Melsungen AG

  • Medtronic

  • 3M Company

  • Johnson & Johnson (Ethicon)

  • Virbac

  • Advancis Veterinary Ltd

  • Innovacyn, Inc.

  • Robinson Healthcare

  • NEOGEN Corporation

  • KeriCure, Inc.

  • Sonoma Pharmaceuticals, Inc.

Market Segmentation

  • Product Outlook 

    • Surgical Wound Care Products

      •  Sutures and Staplers

      •  Tissue Adhesives, Sealants, And Glues

    • Advanced Wound Care Products

      •  Foam Dressings

      •  Hydrocolloid Dressings

      •  Film Dressings

      •  Hydrogel Dressings

      •  Other Advanced Dressings

    • Traditional Wound Care Products

      •  Tapes

      •  Dressings

      •  Bandages

      •  Absorbents

      •  Other Traditional Wound Care Products

    •  Therapy Devices

  • Animal Type Outlook 

    • Companion Animal

      •  Cats

      •  Dogs

      •  Horses

      • Others

    • Livestock animal

  • End-user Outlook 

    • Veterinary hospitals & clinics

    • Homecare          

    • Research Institutes

  • Distribution Channel Outlook

    • Retail   

    • E-commerce      

    • Veterinary hospitals & clinics

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

      • France

      • Italy

      • Spain

    • Asia Pacific

      • Japan

      • China

      • India

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • Middle East and Africa

      • South Africa

      • Saudi Arabia

The Animal Wound Care market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Animal Wound Care market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Animal Wound Care market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Animal Wound Care market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Animal Wound Care market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Animal Wound Care capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Animal Wound Care by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Animal Wound Care market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Animal Wound Care market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Animal Wound Care market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Animal Wound Care industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Animal Wound Care market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Animal Wound Care market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Animal Wound Care market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Animal Wound Care market. These factors have benefited the growth of the global market for Animal Wound Care. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Animal Wound Care. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Animal Wound Care are as follows:

  • History Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Report Detail

  • Report Code:38303
  • No. of Pages:150 +
  • Format:PDF/PPT/Excel

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