Press release
Global Animal Wound Care Market Future Growth Prospects and Market Trends Adopted by the Competitors, Regions with Forecast by 2026|Indian Immunologicals Limited; Johnson & Johnson Services, Inc.; Bayer AG; Virbac; Medtronic; Sonoma Pharmaceuticals, Inc.;
Global Animal Wound Care Market
Global 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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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.
Segmentation: Global Animal Wound Care Market
By Product
Surgical Products
Sutures & Staplers
Tissue Adhesives, Sealants & Glues
Advanced Wound Care
Advanced Wound Dressings
Foam Dressings
Hydrocolloid Dressings
Film Dressings
Hydrogel Dressings
Others
Others
Traditional Wound Care
Tapes
Dressings
Bandages
Absorbents
Others
Therapy Devices
By Animal Type
Companion Animals
Dogs
Cats
Horses
Others
Livestock Animals
Cattle
Pigs
Others
By End User
Hospitals & Clinics
Home Care
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
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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
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Animal Wound Care Market Landscape
Part 04: Global Animal Wound Care Market Sizing
Part 05: Global Animal Wound Care Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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