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ANIMAL WOUND CARE MARKET 2020 OUTLOOK TO 2026|MEDTRONIC; SONOMA PHARMACEUTICALS, INC.; ADVANCIS VETERINARY LTD; KRUUSE; 3M; ROBINSON HEALTHCARE

03-24-2020 02:22 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

ANIMAL WOUND CARE MARKET

ANIMAL WOUND CARE MARKET

Animal wound care market is supposed to witness growth during the forecast period due to growing demand at the end user level. This business report encompasses the key players along with their share (by volume) in key regions such as APAC, EMEA, and Americas and the challenges faced by them. The analysis covered in the animal wound care report gives an assessment of various segments that are relied upon to witness the quickest development amid the approximated forecast frame. Animal wound care report delivers an extensive research on the current conditions of the industry, potential of the market in the present and the future prospects from various points of views.

Animal Wound Care Market is expected to rise from its initial estimated value of USD 930.83 million in 2018 to a projected value of USD 1556.80 million by 2026, registering a CAGR of 6.64% in the forecast period of 2019-2026. This rise in market value can be attributed to growth in the healthcare expenditure incurred on animals and pet.

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Prominent market player analysis-
Braun Melsungen AG; KCI Licensing, Inc.; NEOGEN CORPORATION; Indian Immunologicals Limited; Johnson & Johnson Services, Inc.; Bayer AG; Virbac; Medtronic; Sonoma Pharmaceuticals, Inc.; Advancis Veterinary Ltd; KRUUSE; 3M; Robinson Healthcare; Smith & Nephew; Ceva; de Biognesis Bag; Dechra Pharmaceuticals; Huvepharma; Jorgensen Labs; SilverGlide; SentrX Animal Care, Inc. and INNOVACYN, INC. are few of the major competitors currently present in the animal wound care market.

Key Developments in the Market:

In September 2017, Sonoma Pharmaceuticals, Inc. announced the commercialization and sale of "MicrocynAH" category of products for animal healthcare in Japan region. The category approved by veterinarians is expected to increase the market share of Sonoma Pharmaceuticals, Inc. in the region.
In August 2017, Indian Immunologicals Limited announced the launch of "Zuspray", their first herbal topical spray product designed for the treatment of open-wounds including any surgical wounds. This launch will help in the company enhancing their division of products related to health care of animals.

Competitive Analysis:

Global animal wound care market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of animal wound care market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers:

Growing levels in adoption of pets and livestock requiring the need for proper healthcare services and solutions; this factor is expected to act as a driver for the market growth
Increasing levels of income of the population resulting in better quality of healthcare provided for animals; this factor is expected to act as a driver for the market growth
Market Restraints:

Lack in the number of veterinary doctors and physicians in the market are expected to restrain the market growth
High levels of cost associated with specialized care and healthcare services for animals is also expected to restrain the market growth

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Segmentation: Global Animal Wound Care Market

By Product

(Surgical Products, Advanced Wound Care, Traditional Wound Care, Therapy Devices),

Animal Type

(Companion Animals, Livestock Animals),

End User

(Hospitals & Clinics, Home Care),

Geography

(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

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