Veterinary Surgical Instruments Market Recent Updates - Global Industry Analysis by Top 10+ Players Jørgen KRUUSE A/S, Surgical Holdings, Sklar Instruments, Whittemore Enterprises, Inc., Medtronics, B.Braun and others

The Global Veterinary Surgical Instruments Market is segmented on the basis of types. Based on the types, the market has been segmented as scalpel handles, forceps, dressing, scissors, needle holders and retractors. Based on the applications, the market has been segmented as orthopedic, sterilization, ophthalmic, dental. Based on the animals, the market has been segmented as canines, felines and large animals. The global veterinary surgical equipment market is expected to reach US$ 2760.6 million in 2023 growing at a CAGR of 6.3% during the forecast period 2017-2023.

Key players of Global Veterinary surgical instruments Market: Eickemeyer Veterinary Equipment Inc., Jørgen KRUUSE A/S, Surgical Holdings, Sklar Instruments, Whittemore Enterprises, Inc., Medtronics, B.Braun and others.

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Regional analysis of Veterinary Surgical Equipment Market:

US accounts for the maximum market share due to organised and flourishing animal products industry, especially the meat and dairy industry. Europe occupies the second position led by Germany, France, Sweden and others. The South American nations of Argentina, Paraguay, and Uruguay etc. also have large markets. However there is a definite shift of veterinary surgical instruments market to Asia pacific region. The Asia Pacific region will be led by China and India.

Developing countries in Asia Pacific such as Indonesia, Cambodia, China, and India will hold a significant share of Asia Pacific veterinary surgical instruments market. The presence of large population with unmet needs and the growing practice of veterniary will drive the growth of the markets during the review period. Thus, the developing countries have potential to grow in this region due to less competition.

Veterinary Healthcare Equipment Market Scenario:

The Veterinary Healthcare Equipment Market is bullish because of several favourable long term trends which includes

Technological factors such as increased R&D expenditure to drive innovation in the industry, development of better and stronger materials etc.

Economic factors such as rising demand for animal products such as meat, milk etc., organized nature of the milk and meat industry which gives them high buying power, falling cost of veterinary equipment etc.

Demographics factors include the rising number of cattle and companion animal adoption, increasing awareness of animal health especially in the developing world etc.

The rising number of veterinary hospitals and animal welfare regulations and laws

The market restraints are lack of awareness and knowledge gap regarding animal health and rising cost of pet care etc.

The global veterinary surgical equipment market by types is divided into scalpel handles, forceps, dressing and tissue forceps, scissors, needle holders and retractors. Scissors market is commanding the largest market share in 2016, followed by needle holders.

Global veterinary surgical equipment market by application comprises of orthopedic, sterilization, ophthalmic, and dental. Dental application holds the largest market share of followed by Ophthalmic.

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