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global animal wound care market was worth USD 1.1 billion in 2020 and is further projected global animal wound care market was worth USD 1.1 billion in 2020 and is further projected

global animal wound care market was worth USD 1.1 billion in 2020 and is further projected - PDF document

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global animal wound care market was worth USD 1.1 billion in 2020 and is further projected - PPT Presentation

The global animal wound care market was worth USD 11 billion in 2020 and is further projected to reach USD 17 billion by the year 2027 growing at a CAGR of 59 during the forecast period ID: 882100

Surgical Wound Care Products Advanced Wound Care Products Traditional Wound Care Products Therapy Devices

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Global Animal Wound Care Market Showing Steady Growth: Projected to Grow at a CAGR of 5.9% During the Forecast Period Global Animal wound care Market Size – Industry Trends & Forec ast Report 2027 Summary Global Animal Wound Care Market, By Product (Surgical Wound Care Products, Advanced Wound Care Products, Traditional Wound Care Products, Therapy Devices), By Animal Type (Companion Animals, Livestock Animals), By End - Us er (Hospitals & Clinics, Home Care Settings), By Region (North America, Europe, Asia - Pacific (APAC), Latin America (LATAM), Middle - East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017 - 2027 . A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global animal wound care market was worth USD 1.1 billion in the year 2020 and is estimated to grow at a CAGR of 5.9%, earning revenue of around USD 1.7 billion by the end of 2027. The growing pet adoptio n rate, especially in developed countries, is one of the major factors propelling the market for animal wound care. Additionally, the increasing consumption of meat and other animal products has also influenced the market, as livestock must be free from in fection for consumption by humans . Report Overview The global animal wound care market is growing with the rising adoption of companion animals like dogs and cats, the demand for veterinary surgeries is increasing at a very high rate, due to which animal wound care products and devices. View report Press release Sample report Global Animal Wound Care Market Showing Steady Growth: Projected to Grow at a CAGR of 5.9% During the Forecast Period The global animal wound care market was worth USD 1.1 billion in 2020 and is further projected to reach USD 1.7 billion by the year 2027, growing at a CAGR of 5.9% during the forecast period. Due to the increasing adoption of companion animals like dogs and cats, the demand for veterinary surgeries is increasing at a very rapid pace, thereby boosting the adoption of animal wound care products and devices. Furthermore, the increasing prevalence of a nimal diseases is also expected to contribute to the growth of the market over the forecast period. Animal Wound Care Market Source: BlueWeave Consulting Global Animal Wound Care Market - Overview Animal wound care refers to the treatment provided to an imals during surgeries, accidents, or in the event of infection or sickness. The animals are only treated after overcoming the trauma caused by it. Various types of products are available for the treatment of wounds in animals, such as dressings, bandages, sprays, etc. Also, wound care product companies are launching advanced products such as hydrogel dressings, foam dressings, film dressings, etc. to accelerate healing and the recovery process. Global Animal Wound Care Market Forecast and Trends Growth D rivers Increasing Prevalence of Animal Diseases The prevalence of animal diseases is rising at a very rapid rate. The prominence of several infectious diseases like anthrax, black quarter, rabies, ringworm, etc., is spreading fatally among animals, espec ially in developing countries. Owing to this factor, the demand for animal wound care products and devices is flourishing. Furthermore, the chances of cuts and tears, pressure wounds, and bite wounds are also prevalent in animals, especially dogs, which in turn is driving the growth of the global animal wound care market. Global Animal Wound Care Market Showing Steady Growth: Projected to Grow at a CAGR of 5.9% During the Forecast Period Rising Awareness Towards Animal’s Health in Emerging Economies The humanization of animals is very prevalent in developed economies, like the United States and Europe. As a result, pet o wners and livestock owners spend a significant amount on the care of their animals. Additionally, in emerging economies such as India, South Korea, China, the awareness of animal health is also increasing, which is contributing to the growth of the global animal wound care market. Furthermore, the growing disposable income of people in this region has also encouraged pet owners to give their pets the best care, further stimulating market growth. Restraints Lack of Veterinary Infra structure in Emerging Economies Despite significant growth in pet ownership and awareness regarding pets' health in emerging economies, pet owners are mostly unable to give their petsthe proper care they need due to insufficient or inefficient veterinary infrastructure. Most veterinarians and healthcare facilities for animals are located in metropolitan areas, with only a few veterinarians available in smaller towns and cities. Animal wound care market growth is greatly hindered by this factor. Moreover, according to a study conducted by Washington - based Banfield Pet Hospital, 75 million pets in the United States may not receive the veterinarian care they require by 2030, owing to a dearth of skilled experts to handle the task. Impa ct of COVID - 19 on Global Animal Wound Care Market The global animal wound care market is one of those industries that has benefitted from the COVID - 19 pandemic. The market however suffered a setback during the first phase of the COVID - 19as visits to veter inary hospitals decreased and all elective and non - emergency surgeries were postponed. However. the growth in the market is tempered by the emergence of various animal infections in humans, which have in turn translated into an increase in awareness of the importance of maintaining the health of pets and livestock animals. Global Animal Wound Care Market - By Product Based on products, the global animal wound care market is segmented into surgical wound care products, advanced wound care products, traditi onal wound care products, therapy devices. The surgical wound care products segment has a high demand and therefore, it holds the largest market share. There are many different types of surgical wound care products available in the market, including suture s, staplers, skin adhesives, sealants, and glues. As the healthcare expenditure for pets is increasing, the demand for surgical procedures on pets is also rising, contributing to the growth of the global animal wound care market. G lobal Animal Wound Care Market - By Animal Type Based on animal types, the global animal wound care market is divided into companion animals and livestock. The companion animals segment accounted for the largest market share in 2020 due to the increasing pet adoption and sensiti vity towards pets in both developed as well as developing countries. Moreover, the Global Animal Wound Care Market Showing Steady Growth: Projected to Grow at a CAGR of 5.9% During the Forecast Period increasing prevalence of chronic as well as various infectious diseases has prompted pet owners to spend more on their pet’s well - being. Furthermore, with the emergence of m inimally invasive surgeries for animals, the demand for the surgeries has spiked significantly over the past few years. Global Animal Wound Care Market - By End - User Based on end - users, the global animal wound care market is categorized into hospitals & clinics, and home care settings. Pet owners often approach veterinary hospitals for the treatment of wounds their pet is affected with. That is why, the consumption of animal wound care products and devices is very prominent in veterinary hospitals and cli nics, making it the leading end - user with the largest market share. Additionally, veterinary hospitals offer early diagnosis and effective treatment of wounds or any other infection in pets, due to which this segment is projected to grow during the forecas t period as well. Global Animal Wound Care Market - Regional Insights Geographically, the global animal wound care market is segmented into North America, Europe, Asia - Pacific, Latin America, Middle - East & Africa. Among these regions, North America domin ated the animal wound care market owing to the influence of various factors, such as high standards and availability of a wide range of products in this region. Stringent government policies to maintain the health of the pets, as well as livestock, also pl ays a crucial factor behind the growth of the animal wound care market in North America. Regional Insights Source: BlueWeave Consulting Competitive Landscape Some of the leading market players in the global animal wound care market are Primavet, Inc., Virbac, Robinson Healthcare, Milliken & Company, Medtronic PLC, Advancis Veterinary Ltd, 3M Company, Sentrx Animal Care, Elanco Animal Health, Neogen Corporation, BSN Medical, Kericure Inc., Innovacyn, Inc., Dechra Pharmaceuticals, Smith & Nephew PLC, B. Braun Melsungen AG, Ethicon, Care - Tech Laboratories, Inc., Eli Lilly and Company, and other prominent players. Global Animal Wound Care Market Showing Steady Growth: Projected to Grow at a CAGR of 5.9% During the Forecast Period The industry participants spend hefty amounts on re search and development activities and are expanding their product portfolio to maintain a competitive edge. There are many renowned market players in the global market for animal wound care. Moreover, regional players are entering the market as well, makin g it difficult for the giants to compete. Recent Developments In March 2021, Axio Biosolutions, an Indian integrated wound care company announced its entrance into the global animal wound care market. Through the launch of SureKlot, a range of veterinary products, the company aims to expand its offering in veterinary wound management solutions. In May 2020, EPiQ Animal Health, a US - based leading distributor of animal care products, and Sentrx Animal Care, a US - based veterinary wound care products manufact urer, announced their partnership for the distribution of Sentrx products through EPiQ. Scope of the Report Attributes Details Years Considered Historical data – 2017 - 2020 Base Year – 2020 Forecast – 2021 – 2027 Facts Covered Revenue in USD Billion Market Coverage U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia Product Service/Segmentation By Product, By Animal Type, By End - User, By Region Key Players Primavet, Inc., Virbac, Robinson Healthcare, Milliken & Company, Medtronic PLC, Advancis Veterinary Ltd, 3M Company, Sentrx Animal Care, Elanco Animal Health, Neogen Corporation, BSN Medical, Kericure Inc., Innovacyn, Inc., Dechra Pharmaceuticals, Smith & Nephew PLC, B. Braun Melsungen AG, Ethicon, Care - Tech Laboratories, Inc., Eli Lilly and Company, and other prominent players Global Animal Wound Care Market Showing Steady Growth: Projected to Grow at a CAGR of 5.9% During the Forecast Period By Product Surgical Wound Care Products Sutures and Staplers Tissue Adhesive, Sealants, And Glues Advanced Wound Care Produc ts Foam Dressings Hydrocolloid Dressings Film Dressings Hydrogel Dressings Others Traditional Wound Care Products Tapes Dressings Bandages Absorbents Others Therapy Devices Negative Wound Pressure Therapy (NPWT) Or Vacuum Assisted Closure (VAC) Others By Animal Type Companion Animals Cats Dogs Horses Livestock Animals Cattle Pigs Others Global Animal Wound Care Market Showing Steady Growth: Projected to Grow at a CAGR of 5.9% During the Forecast Period By End - User Hospitals & Clinics Home Care Settings By Region North America Europe Asia - Pacific (APAC) Latin America (LATAM) Ø Middle - East & Africa (MEA) FAQs: 1. What is the current size of the global animal wound care market? Answer : The global animal wound care market reached USD 1.1 billion in 2020. 2. What are the major factors driving the growth of the global ani mal wound care market? Answer: Globally, the growth of the animal wound care market can be attributed to an increase in animal diseases and a growing awareness of animal health among emerging economies. 3. Who are the key players in the global animal wound care market? Answer: The key players in the global animal wound care market are Primavet, Inc., Virbac, Robinson Healthcare, Milliken & Company, Medtronic PLC, Advancis Veterinary Ltd, 3M Company, Sent rx Animal Care, Elanco Animal Health, Neogen Corporation, BSN Medical, Kericure Inc., Innovacyn, Inc., Dechra Pharmaceuticals, Smith & Nephew PLC, B. Braun Melsungen AG, Ethicon, Care - Tech Laboratories, Inc., Eli Lilly and Company, and other prominent play ers 4. Which animal type segment accounted for the largest share in the global animal wound care market? Answer: The companion animals segment accounted for the largest share in the global animal wound care market. 5. Which region is at the highest grow th rate in the global animal wound care market? Answer: North America has the largest share in the global animal wound care market. Global Animal Wound Care Market Showing Steady Growth: Projected to Grow at a CAGR of 5.9% During the Forecast Period About us Blueweave Consulting offers a one - stop solution for your market intelligence needs for any service or product. You get well - researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well informed and tim ely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk - return trade - off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavours successful. For more information, kindly visit our Website www.blueweaveconsulting.com contact us info@blueweaveconsulting.com Global Animal Wound Care Market Showing Steady Growth: Projected to Grow at a CAGR of 5.9% During the Forecast Period