Press release
Global Animal Wound Caremarket and is projected to reach USD 1467.24millionby 2025, growing at a CAGR of 6.65% from 2017 to 2025 :Top keyplayers are 3M Company, B Braun Melsungen AG, Ethicon, Inc. (Johnson & Johnson), Medtronic PLC, JørgenKruuse A/S, Ace
Market Overview:The global Animal Wound Caremarket was valued at USD 821.97million in 2016 and is projected to reach USD 1467.24millionby 2025, growing at a CAGR of 6.65% from 2017 to 2025.
Animal Wound Care is a Veterinary service which is in high demand due to increased Pet health risks and insurance services. The market is expected to grow at a high CAGR during the forecast period along with expansion in Animal Healthcare services and demands.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing Demand for Pet Insurance
1.2 Rising Companion Animal Population
1.3 Increasing Number of Veterinary of Veterinary Practitioners & Rise in Their Income Levels
2. Market Restraints
2.1 Increasing Pet Care Costs
Market Segmentation:
1. By Animal Type:
1.1 Companion Animals
1.1.1 Dogs
1.1.2 Cats
1.1.3 Horses
1.1.4 Other Companion Animals
1.2 Livestock Animals
1.2.1 Cattle
1.2.2 Pigs
1.2.3 Other Livestock Animals
2. By End User:
2.1 Hospitals & Clinics
2.2 Home Care
3. By Product:
3.1 Surgical Wound Care Products
3.1.1 Sutures and Staplers
3.1.2 Tissue Adhesives, Sealants, and Glues
3.2 Advanced Wound Care Products
3.2.1 Advanced Wound Dressings
3.2.1.1 Foam Dressings
3.2.1.2 Hydrocolloid Dressings
3.2.1.3 3 Film Dressings
3.2.1.4 Hydrogel Dressings
3.2.1.5 Other Advanced Dressings
3.2.2 Other Advanced Wound Care Products
3.3 Traditional Wound Care Products
3.3.1 Tapes
3.3.2 Dressings
3.3.3 Bandages
3.3.4 Absorbents
3.3.5 Other Traditional Wound Care Products
3.4 Therapy Devices
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4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. 3M Company
2. B Braun Melsungen AG
3. Ethicon, Inc. (Johnson & Johnson)
4. Medtronic PLC
5. JørgenKruuse A/S
6. Acelity L.P. Inc.
7. Advancis Veterinary Ltd.
8. Bayer AG
9. Neogen Corporation
10. Robinson Healthcare Ltd.
11. Virbac
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research study on the Animal Wound Caremarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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