Global Animal Wound Care Market: Overview
Animals are likely to have everyday small injuries such as contusions, abrasions, and lacerations which heal with treatment and may not be life threatening. But some wounds can be serious that can need sutures and even extreme care. The increasing demand for adoption of pets has led to the growth of animal wound care market.
Global Animal Wound Care Market: Growth Factors
The growth of animal wound care market can be contributed to components such as rising figure of veterinary doctors, increasing pet adoption, and more alertness about animal health. However, rising expenditures for pet care may hinder the global animal wound care market growth to some extent.
Global Animal Wound Care Market: Segmentation
The animal wound care market may be segmented on the basis of the end user, animal type, product, and geography. The end-user segment of the global market can be classified into home care and clinics & hospitals. The animal type segment of animal wound market can be diversified into livestock animals and companions. The companion segment is further divided into dogs, horses, and cats. The growth of companion segment can be contributed to increasing pet population, high expenditure on their care, and demand for animal insurance. The product segment is sub-sectioned into advanced wound care products, therapy devices, traditional wound care products, and surgical wound care products. The advanced wound care products segment is further divided into advanced wound dressings (hydrocolloid dressings, foam dressings, film dressings, hydrogel dressings, and other advanced wound dressings) and other advanced wound care products. This segment of animal wound market is anticipated to grow in the coming period owing to the acceptance of advanced wound care over the traditional products by the veterinary practitioners. The surgical wound care products segment has been further sectioned into tissue sealants, glue, & adhesives and stapler & sutures. The surgical wound care product segment of the animal wound care market is anticipated to grow rapidly. The growth of this sector can be contributed to factors such as increased use of products in the clinics and hospitals for the purpose of healing the wounds, a rise in the number of pet wounds, and raised surgery number.
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Global Animal Wound Care Market: Regional Analysis
North America is expected to be the growing segment of animal wound care due to the full-fledged animal care market owing to the increasing adoption of pets, increasing expenditure on animal healthcare, and rise in the number of veterinary practitioners. Asia Pacific region is also anticipated to expand at a greater rate due to increasing alertness regarding animal health, livestock animal population, and ascending adoption of pets.
Global Animal Wound Care Market: Competitive Players
The key players in the animal wound market Ethicon Inc., Medtronic plc, include B Braun Melsungen AG, and 3M Company. Other major players in a market are Jorgen Kruuse A/S, Virbac, Acelity L.P. Inc., Robinson Healthcare Limited, Bayer AG, Neogen Corporation, and Advancis Veterinary Ltd.