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Increase in adoption of pets is a key factor driving the market revenue growth

VANCOUVER, BRITISH COLUMBIA, CANADA, January 31, 2023 /EINPresswire.com/ -- Animal Wound Care Market Market: A Breakdown of the Industry by Technology, Application, and Geography

Animal Wound Care Market Size – USD 992.2 Million in 2021, Market Growth – at a CAGR of 6.9%, Market Trends

The global animal wound care market size reached USD 992.2 Million in 2021 and is expected to register a revenue CAGR of 6.9% during the forecast period, according to the latest analysis by Emergen Research. The American Society for the Prevention of Cruelty to Animals (ASPCA) estimates that 6.5 million dogs, cats, and other former pets are abandoned or misplaced and end up in shelters. However, only 3.2 million of these animals get adopted, and many returns to shelters after less than a year. Many shelters want volunteers to temporarily house dogs to free up room in the facility and allow the dogs to demonstrate how they would behave in a home environment. The majority of pets in shelters were brought there due to a significant lack of cheap, pet-friendly housing and access to medical care, both of which will necessitate long-term and systemic reform. Caring for a pet may provide you with a sense of purpose and fulfillment while also alleviating emotions of loneliness.

Animal Wound Care Market, By Product (Surgical Wound Care, Advanced Wound Care, and Traditional Wound Care), By Animal Type (Companion and Livestock), By End-Use, and By Region Forecast to 2030

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Key Highlights From the Report

The surgical wound care segment accounted for a significant revenue share in 2021. It is customary to utilize a subcutaneous closure (if necessary) + skin closure since large animal species are less prone than small animal patients to gnaw out their sutures. Skin closure can be done in either an interrupted or continuous pattern. Cruciate closure patterns are more efficient than simple interrupted closure patterns and both patterns are more effective than a subcuticular pattern. A material called surgical glue has been created to quickly and painlessly close wounds without putting the animal through any discomfort or agony. The veterinarian will need to clean the incision before using surgical adhesive, and they must do this in that sequence.

The companion segment accounted for a significant revenue share in 2021. Rising pet healthcare expenditures, particularly in developed areas, are driving the expansion of this market. According to the American Pet Products Association (APPA), pet owners in the United States would spend around USD 34.3 billion on veterinarian care in 2021. Another important aspect driving segment expansion is the increasing desire for less invasive operations. Modern methods provide several advantages, such as smaller incisions and fewer stitches, encouraging pet owners to adopt cutting-edge, minimally invasive technology.

Market in North America accounted for the largest revenue share in 2021. Significant investments in healthcare facilities is a key factor driving market revenue growth. In addition, the presence of key players is also driving revenue growth of the market. For instance, on April 2022, NEOGEN Corporation announced the addition of a new product to its well-known Prozap insect control portfolio. Prozap Protectus Pour-On Insecticide - IGR is a ready-to-use triple-active mixture that kills chewing and sucking lice, horn flies, stable flies, horse and deer flies, and other insects on beef cattle and calves.

Key Players Included in this report are:  Medtronic plc, 3M Company, B. Braun SE, Virbac, Johnson and Johnson Services, Inc., Advancis Veterinary Ltd, Neogen Corporation, PrimaVet Inc., KeriCure Inc., and Innovacyn, Inc.

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Emergen Research has segmented the global animal wound care market on the basis of product, animal type, end-use, and region:

Product Outlook (Revenue, USD Million; 2019-2030)

Surgical Wound Care

Advanced Wound Care

Traditional Wound Care

Animal Type Outlook (Revenue, USD Million; 2019-2030)

Companion

Livestock

End-Use Outlook (Revenue, USD Million; 2019-2030)

Veterinary Hospitals and Clinics

Homecare

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Regional Outlook

We carefully examined each division, regional classification, national study, and subject-specific data set during the market research. This Dental Care Market research report's goal is to look at growth patterns, promising futures, important obstacles, and expected results. Information on significant market participants, strategic alliances, plans, new product launches, and joint ventures are all included in the research.

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