Global Animal Wound Care Market: By Product ( Traditional Wound Care Products (Bandages, Adsorbents, Tapes), Surgical Wound Care Products (Sutures, Tissue Adhesives & Glues, Staplers), Advanced Wound Care Products (Hydrogels, Foam Dressings, Film Dressings and Others) and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global Animal Wound Care market was valued at US $ XX Mn and expected to grow at 7.2% Compound Annual Growth Rate (CAGR) over 2018 to 2024.
Market Outline: Animal Wound Care Market
Animal wound care involves the use of the products or procedures that aid the healing of animal wounds. The wounds may be traumatic or result of the surgical procedures. Open wounds are dangerous and may be life threatening so these should be take care promptly to avoid further damage. Animal wound care include wide range of products such as antiseptic lotions, bandages, gauzes, gels and others.
Market Dynamics: Animal Wound Care Market
Global animal wound care market is primarily driven by the change in public attitude towards pets such as increase in the adaptation and spending on animal health by owners. In addition, huge growth in the livestock and pet industry coupled with the increase in the population of companion animals projected to boost the market over the forecast period. Furthermore, growing awareness related to the animal health among the people and advancements in the animal wound care management expected to boost the market growth over the forecast period. However, the lack of skilled professionals especially in middle and low income countries expected to hamper the growth of market in coming years.
Market Scope: Animal Wound Care Market
Animal wound care market is segmented based on product, end user and region
Based on product, the market is segmented into the following:
- Traditional Wound Care Products
- Surgical Wound Care Products
- Tissue Adhesives & Glues
- Advanced Wound Care Products
- Foam Dressings
- Film Dressings
Based on the end user, the market is segmented into the following:
- Veterinary Hospitals
- Veterinary Clinics
Based on region, Market is segmented into
- North America
- Latin America
- Asia Pacific
- Middle East and Africa (MEA)
Regional Analysis: Animal Wound Care Market
Geographically, global biomarkers market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America animal wound care market projected to have the significant growth rate owing to the well-established animal health care industry, high spending on animals by the public and raise in pet adaptation. According to the National Pet Owners Survey by American Pet Products Association (APPA), 68% of the U.S. households, or about 85 million families own a pet. This rate is drastically increased from 56% of U.S. households in 1988. Europe animal wound care market expected to have notable growth rate owing to the improved veterinary heath process and increase in spending on animal health. Asia Pacific animal wound care market anticipated to have the lucrative growth rate owing to the increase in the population of livestock and companion animals and increase in concerns about animal health among the public. In addition, developing animal health infrastructure in the emerging countries such as China and India projected have significant growth rate in animal wound care market.
Competition Assessment: Animal Wound Care Market
Some of the players in the global biomarkers market include:
- B Braun Melsungen AG (Germany)
- Medtronic plc (U.S.)
- 3M Company (U.S.)
- Virbac (France)
- Ethicon Inc. (U.S.)
- Neogen Corporation (U.S.)
- Jorgen Kruuse A/S (Denmark)
- Acelity L.P. Inc. (U.S.)
- Bayer AG (Germany)
- Robinson Healthcare Ltd. (U.K.)
- Advancis Veterinary Ltd. (U.K)
Notable Market Developments: Animal Wound Care Market
- In April 2014, KeriCure, Inc. has launched new line of animal wound care products, Champion Seal and KeriCure Tough Seal.
- In October 2013, PuriCore, has launched animal health wound irrigation solution, NovaZo for use on companion and large animals of all species.