Animal Wound Care Market: A Detailed Look at Current Trends - PowerPoint PPT Presentation

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Animal Wound Care Market: A Detailed Look at Current Trends

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The global animal wound care market is projected to grow from $1.3 billion in 2023 to $2.0 billion by 2029, driven by advancements in veterinary care and rising pet ownership. – PowerPoint PPT presentation

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Date added: 26 August 2024
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Title: Animal Wound Care Market: A Detailed Look at Current Trends


1
Animal Wound Care Market Animal Wound Care
Market by Product (Surgical (Suture, Stapler,
Glue), Advanced (Hydrocolloid, Hydrogel
Dressing), Traditional (Tape, Dressing), Therapy
Device), Animal Type (Cats, Dogs, Horse, Pigs),
End User (Hospital, Clinics) Region - Global
Forecast to 2029
The global animal wound care market in terms of
revenue was estimated to be worth 1.3 Billion in
2023 and is poised to reach 2.0 Billion by 2029,
growing at a CAGR of 7.4 from 2023 to 2029. The
new research study consists of an industry trend
analysis of the market. The new research study
consists of industry trends, pricing analysis,
patent analysis, conference and webinar
materials, key stakeholders, and buying behaviour
in the market. The increasing adoption of pets,
growing veterinary healthcare research, and
rising animal healthcare expenditure are driving
demand for animal wound care products. As pet
owners prioritize their animals' health and
well-being, there is a growing demand for
innovative wound care products and treatments,
driving market growth. However, factors such as
the elevated costs of pet care in emerging
regions, the animal wound care market through its
innovative developments of wound management
products has an opportunity to impact animal
healthcare and well-being. Download the PDF
Brochure Key Players Prominent companies in
animal wound care market include Elanco Animal
Health (US), 3M Company (US), Medtronic PLC
(Ireland), B. Braun Melsungen AG (Germany),
Virbac (France), Neogen Corporation (US), Jorgen
Kruuse A/S (Denmark), Sonoma Pharmaceuticals Inc.
(US), Ethicon, Inc. (US), and Dechra
Pharmaceuticals (UK), Jazz Medical, LLC
(Ireland), Smith Nephew PLC (UK), Kericure Inc.
(US), Advancis Veterinary (UK), and Care-Tech
Laboratories, Inc. (US).
2
Animal Wound Care Market Opportunity
Advancement in wound care medicines The animal
wound care market is experiencing a
transformative surge propelled by significant
advancements in wound care products, presenting
lucrative opportunities for growth. The global
push for innovation and research in veterinary
medicine is reflected in the development of
cutting-edge products designed to address diverse
animal wound care needs. According to the
European Medicines Agency (EMA), the regulatory
body for veterinary medicines, there has been a
notable increase in the approval of novel wound
care formulations and therapies. Innovations such
as advanced wound dressings, tissue engineering
products, and bioactive wound care agents are
enhancing the efficacy of treatment and
expediting the healing process in animals. The
market is witnessing a paradigm shift towards
personalized and specialized solutions, with
companies investing substantially in research and
development. For instance, the U.S. National
Institutes of Health (NIH) reports a surge in
funding towards veterinary research, including
wound care, fostering an environment conducive to
breakthroughs. Furthermore, the advent of
telemedicine in veterinary services is
facilitating access to expert advice on wound
care management. This technological integration
allows pet owners and livestock producers to seek
guidance remotely, contributing to improved
overall wound care outcomes. With these
advancements, the animal wound care market is
poised for expansion as it addresses the evolving
needs of a diverse range of animals, from
companion pets to livestock, fostering a paradigm
of comprehensive and sophisticated wound care
solutions that are poised to revolutionize the
industry. The sutures and staplers segment
accounted for the largest share of the surgical
wound care products market in the animal wound
care industry. The sutures and staplers segment
held the largest share of the surgical wound care
products market in 2022. This growth is primarily
attributed to increasing chronic diseases in
animals and the prevalence of veterinary
conditions. Sutures and staplers play a crucial
role in the animal wound care market by providing
effective means for wound closures in veterinary
procedures. Sutures are used in various medical
treatments that help effective healing by closing
wounds. They are especially valuable in surgeries
and emergency medicine for animals. Staplers, on
the other hand, offer a faster and often more
convenient alternative for treating cuts or
incisions in veterinary conditions. Sutures and
staplers, with their diverse applications and
materials suited for different treatments,
provide veterinarians with essential tools to
ensure effective wound closure and facilitate the
healing process in animals. Direct Purchase of
Animal Wound Care Industry Report North America
is expected to account for the largest share of
the animal wound care industry. North America
accounted for the largest share of the animal
wound care market in 2022 owing to factors such
as government initiatives, higher animal
healthcare spending, and growing advances in
veterinary healthcare. All these trends are
projected to further drive the market growth of
global animal wound care products. Moreover,
North America's robust research and development
activities contribute to innovation in the field
of animal wound care market.
3
Animal Wound Care Market References Animal Wound
Care Market Size, Growth, Opportunities, Top
Manufacturers, Share, Trends, Segmentation,
Regional Analysis, and Forecast to 2029 Animal
Wound Care Market Worth 2.0 Billion Animal Wound
Care Market is Expected to Reach 2.0 Billion
Insights into Animal Wound Care Market Size and
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