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Healing Paws and Claws: Nurturing Lives in the 2033 Animal Wound Care Market - Embracing Innovation and Compassion for Furry Companions
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.
Neogen Corporation
Biovet AD (Huvepharma)
Dechra Pharmaceuticals
Advancis Medical
Jorgensen Laboratories, Inc.
SilverGlide
Innovacyn, Inc. (Vetericyn)
Robinson Healthcare
SentrX Animal Care, Inc.
McCord Research (Pinnaclife Inc)
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The estimates point to a revenue growth from nearly US$ 590 Mn in 2017 to about US$ 1,013 Mn by the end of 2025, resulting in a CAGR of 7.0% over the forecast period.
Global Animal Wound Care Market: Segmentation and Forecast
The report segments the global animal wound care market on the basis of product (Surgical Wound Care, Traditional Wound Care, Advanced Wound Care), and on the basis of end user (Veterinary Hospitals, Veterinary Clinics, Home Care).
By product, the largest segment in the animal wound care market is the surgical wound care product segment with an overall estimated market value of US$ 359.7 Mn in 2017 and is anticipated to grow at CAGR of 7.0% to reach US$ 616.8 Mn by 2025. Surgical wound care dominated the global animal wound care market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. The segment is projected to be the most attractive market with attractiveness index of 1.8 during the forecast period. Traditional wound care has relative stagnant growth and has an attractiveness index of 0.7. Advanced wound care is expected to be the fastest growing segment with an attractiveness index of 0.4.
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By end user, veterinary clinics is the largest segment anticipated to reach US$ 438.3 Mn by 2025 and register a CAGR of 7.8% during the forecast period. Veterinary clinics dominated the global animal wound care market in revenue terms in 2016 and is projected to continue to do so throughout the forecast period. The segment is projected to be the most attractive market with attractiveness index of 1.2 during the forecast period. Home care has relative stagnant growth and has an attractiveness index of 0.7. Veterinary hospitals segment is expected to record an attractiveness index of 1.0.
Global Animal Wound Care Market: Regional Forecast
Persistence Market Research tracks the performance of the global animal wound care market across the key geographies of North America, Latin America, Europe, Asia Pacific and MEA. North America is the largest region in the global animal wound care market, which is estimated to represent US$ 158.7 Mn, or 26.9% share of the total market in 2017 and is projected to reach US$ 269.3 Mn by 2025 end, registering a CAGR of 6.8% over the forecast period 2017-2025.
Europe is anticipated to reach a market value of US$ 207.6 Mn by 2025 end, exhibiting a CAGR of 6.6% during the forecast period.
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductors and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
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