MarkNtel Advisors recently published a detailed industry analysis of the Global Animal Wound Care Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Animal Wound Care Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Animal Wound Care Market size was valued at around USD 1.24 billion in 2023 & is estimated to grow at a CAGR of about 8.5% during the forecast period, i.e., 2024–30.
Key Findings in Global Animal Wound Care Market:
- Historical Analysis: 2019–2022
- Base Year: 2023
- Forecast Period: 2024–2030
Leading Market Players- Elanco Animal Health, 3M Company, Medtronic PLC, B. Braun Melsungen Ag, Virbac, Neogen Corporation, Jorgen Kruuse A/S, Sonoma Pharmaceuticals Inc., Ehicon, Inc., Dechra Pharmaceuticals, Jazz Medical, LLC, Smith & Nephew PLC, Care-Tech Laboratories, Inc., Others,
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Animal Wound Care Market industry?
Rising Awareness of Animal Health – The growing consciousness surrounding animal health has emerged as a key factor fueling the expansion of the animal wound care market. With a rise in pet ownership and heightened demand for livestock production, there’s an increasing acknowledgment of the importance of preserving optimal health in animals. According to the American Veterinary Medical Association Report, it has been observed that a significant rise in pet ownership in the U.S. reached around 75 million dogs and 80 million cats in domiciliary areas. This rising population of pets results in a greater emphasis on veterinary care, specifically for wound and injury treatment.
Additionally, the World Organization for Animal Health (OIE) underscores the critical role of animal health in global food security, stressing the necessity of efficient wound care in livestock to uphold sustainable agriculture. The understanding of zoonotic diseases and the interdependency between animal and human health further accentuates the demand for resilient animal wound care remedies. The international marketplace is undergoing notable advancements in animal wound care as major players allocate resources to research & development. These companies are bringing forth innovative solutions, including cutting-edge wound dressings and healing agents, to cater to the diverse requirements of animals.
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What segments define the Global Animal Wound Care Market from 2024 to 20230? How do these segments contribute to market dynamics and growth?
By Product
- Surgical Wound Care Products- Market Size & Forecast 2019-2030, (USD Million)
- Sutures and Staplers- Market Size & Forecast 2019-2030, (USD Million)
- Tissues Adhesives, Sealants, and Glues- Market Size & Forecast 2019-2030, (USD Million)
- Advanced Wound Care Products- Market Size & Forecast 2019-2030, (USD Million)
- Foam Dressings- Market Size & Forecast 2019-2030, (USD Million)
- Hydrocolloid Dressings- Market Size & Forecast 2019-2030, (USD Million)
- Film Dressings- Market Size & Forecast 2019-2030, (USD Million)
- Hydrogel Dressings- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
- Traditional Wound Care Products- Market Size & Forecast 2019-2030, (USD Million)
- Tapes- Market Size & Forecast 2019-2030, (USD Million)
- Dressings- Market Size & Forecast 2019-2030, (USD Million)
- Bandages- Market Size & Forecast 2019-2030, (USD Million)
- Absorbents- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
- Therapy Devices- Market Size & Forecast 2019-2030, (USD Million)
According to report, Among all, under the surgical wound care segment, the sutures and staplers segment is anticipated to capture the largest market share in the animal wound care market during the forecast period.
By Animal Type
- Companion Animals- Market Size & Forecast 2019-2030, (USD Million)
- Dogs- Market Size & Forecast 2019-2030, (USD Million)
- Cats- Market Size & Forecast 2019-2030, (USD Million)
- Horses- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
- Livestock Animals- Market Size & Forecast 2019-2030, (USD Million)
- Cattle- Market Size & Forecast 2019-2030, (USD Million)
- Pigs- Market Size & Forecast 2019-2030, (USD Million)
- Poultry- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
According to report, The companion animals captured the largest share of the Animal Wound Care Industry.
By End-User
- Hospitals & Clinics- Market Size & Forecast 2019-2030, (USD Million)
- Home Care Settings- Market Size & Forecast 2019-2030, (USD Million)
Explore the Complete Global Animal Wound Care Market Analysis Report – https://www.marknteladvisors.com/research-library/animal-wound-care-market.html
Geographical Analysis: Global Animal Wound Care Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The Global Animal Wound Care Market Industry Recent Development:
- 2023: Elanco announced the complete acquisition of Nutriquest-marketed products, pipeline products, and inventories, along with workforces based in the United States. This acquisition rendered help to Elanco for the expansion of its commercialized offerings for the nutritional health of swine, poultry, and cattle, as well as experimenting with antibiotic alternatives for their better treatment.
- 2022: Elanco successfully handed over all of its assets in correspondence with the microbiome R&D platform to a newly created biopharmaceutical company named BiomEdit, which emphasized enhancing solutions and exploring products for the well-being of animals.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Animal Wound Care Market?
- How is the Global Animal Wound Care Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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