New Research on Animal Wound Care Market by Leading Players Biovet AD (Huvepharma), Dechra Pharmaceuticals, Advancis Medical , 3M Company, Johnson & Johnson (Ethicon)| Forecast to 2025

‘Animal Wound Care Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’. For this report, in order to infer the market size, historical data, primary responses and public domain data has been thoroughly analyzed. Revenue of companies in the animal wound care market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinized using advanced tools to garner quantitative and qualitative insights into the global animal wound care market.

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Company Profiles

• B. Braun Melsungen AG
• Medtronic Plc
• 3M Company
• Johnson & Johnson (Ethicon)
• Smith & Nephew Plc
• Bayer AG
• Virbac S.A.
• Ceva Sant` Animale
• de Biogénesis Bagó
• Acelity L.P. Inc.
• …

According to Bloomberg, Corporations own 15% to 20% of America’s 26,000 pet hospitals. Moreover, consolidators are buying counterparts who work on copying the model pioneered by Veterinary Centers of America (VCA). In 2014 a chain of 250 hospitals of National Veterinary Associates was purchased by Ares Management for US$ 920 Mn. In 2015 the Ontario Teachers’ Pension Plan spent US$ 440 Mn to buy a pet hospital group. In May 2017, VCA spent US$ 344 Mn for a group of 56 hospitals pooled together by smaller consolidators for the express purpose of flipping them. Since 2015, Mars has bought two hospital groups for undisclosed amounts, adding more than 100 clinics to a portfolio that already includes 950 locations.

Advances in veterinary care over the past few years have come at high price. For instance, costs to treat a torn Anterior Cruciate Ligament (ACL), have soared to US$ 2,000, more than double the US$ 800 people had paid in the past. That doesn't include the costs of diagnostic testing, which can add an additional US$ 500 to a pet owner's bill. As MRI has become common in many nationwide hospitals, vets use this as a standard care for treating cancer, injuries, etc. The test itself costs US$ 2000 in addition to the prescription cost. While this is an incredibly useful and important diagnostic tool, the cost is out of reach for many pet owners who would struggle to be able to afford the surgery and/or treatment following the MRI, let alone the cost of the test itself.

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North America dominated the global animal wound care market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. North America is expected to be the most attractive market with attractiveness index of 1.3 during the forecast period. Europe is expected to be the second most lucrative market, with attractiveness index of 1.1 during the forecast period. The Latin America animal wound care market represents a market attractiveness index of 0.5. The MEA animal wound care market is anticipated to record the highest regional CAGR of 7.4%.

Most private veterinarians in earlier times, didn’t have an X-ray machine. Pets getting blood work wasn’t common. But as public attitudes toward pets evolved and medicine science advanced, standards for veterinary care began to change. People’s expectations shifted to a setup of a veterinary medical practice that could provide 21st century medicine. As the number of vets increased, people with means obtained more options than ever for treating their pets’ illnesses. Many animal shelter facilities have further expanded their operations to become full-service hospitals, providing advanced levels of medical care, products and other services. The increasing spending on vet care and the higher expectation of care from the vets has led to a rise in the standard of care. This is expected to increase the demand for quality animal wound care.

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Table Of Content:

1. Executive Summary
2. Market Introduction
3. Animal Wound Care Market View Point
4. North America Animal Wound Care Market Analysis 2012–2016 and Forecast 2017–2025
5. Europe Animal Wound Care Market Analysis 2012–2016 and Forecast 2017–2025
6. Asia Pacific (APAC) Animal Wound Care Market Analysis 2012–2016 and Forecast 2017–2025
7. Latin America Animal Wound Care Market Analysis 2012–2016 and Forecast 2017–2025
8. Middle East and Africa (MEA) Animal Wound Care Market Analysis 2012–2016 and Forecast 2017–2025
9. Forecast Factors: Relevance and Impact
10. Forecast Assumptions
11. Competition Landscape
12. Global Animal Wound Care Market Analysis 2012–2016 and Forecast 2017–2025, By Region
13. Global Animal Wound Care Market Analysis 2012–2016 and Forecast 2017–2025, By Product Type
14. Global Animal Wound Care Market Analysis 2012–2016 and Forecast 2017–2025, By End User
15. Global Animal Wound Care Market Analysis 2012–2016 and Forecast 2017–2025

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