Veterinary Surgical Instruments Market Future Growth Analysis, Share, Regional Trends, Development and Forecast ill 2026

The global "veterinary surgical instruments" market is slated to experience a robust growth period owing to rising pet ownership, especially from shelters, which entails a variety of benefits. For example, adopting a pet from an animal shelter saves them from cruelty and harsh conditions in mass breeding facilities. From a more practical point of view, adoption can help in curbing pet overpopulation. For example, each year millions of kittens and puppies are euthanized because of lack of shelter homes. However, recent years have witnessed a rise in adoption rate of companion animals.

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For instance, the American Pet Products Association (APPA) estimates that around 44% of American households have dogs as pets and 35% have cats as pets. Furthermore, the APPA approximates that in 2015-2016, 85.8 million cats and 78 million dogs were owned in the US. Increasing purchase and adoption of companion animals is one of the main factors driving the global veterinary surgical instruments market growth during the forecast period.

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

o VAPOTHERM
o AptarGroup, Inc.
o Dr�gerwerk AG & CO.
o Allied Healthcare
o Cardinal Health
o NSPIRE HEALTH INC.
o oninklijke Philips N.V.
o and others

Europe to Register a Health CAGR; North America to Dominate the Market

Well-established animal healthcare infrastructure and insurance support and growing number of veterinary doctors will enable North America to secure a dominant portion in the global veterinary surgical instruments market share till 2026. In Europe, huge government investments in animal healthcare by European Union member countries will be the key factor favoring the market for veterinary surgical instruments in the continent. Meanwhile, Latin America and Asia-Pacific will grow at a moderate pace during the forecast period as pet adoption rate in the two regions steadily climbs.

World Precision Instruments Develops Percussion Hammer, Amps up Competition

Recently, World Precision Instruments innovated the Taylor Percussion Hammer which can be used neurological examinations to detect peripheral nervous system disorders in animals. Similarly, DRE Veterinary developed an easily portable and moveable anesthesia machine specifically designed for veterinary surgeries called the DRE Premier XP. Such innovations are expected to intensify competition in the global veterinary surgical instruments market during the forecast period.

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Veterinary Surgical Instruments Market Segmentation:

By Animal
o Livestock
o Companion
By Product
o Forceps
o Surgical Scissors
o Retractors
o Electrosurgery Instruments
o Dental Instruments
o Others
By Application
o Gynecology
o Orthopedic Surgery
o Dental Surgery
o Others
By End-user
o Veterinary Hospitals
o Veterinary Clinics
o Others
By Geography
o North America (USA and Canada)
o Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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This Report Answers the Following Questions:

o What are the Veterinary Surgical Instruments Market trends and growth drivers?
o How many segments does the market contain?
o What are the opportunities and challenges that the market may face?
o How are the key players keeping up with the changing consumer behavior?
o What are the latest industry developments?

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