Veterinary Surgical Instruments Market Is Anticipated to Grow up to USD 2.6 billion by 2031 | Medtronic plc., B. Braun Vet Care, Jorgen KRUSSE A/S (Henry Schein), Ethicon, Sklar Surgical Instruments, Jorgensen Labs

The global veterinary surgical instruments market was valued at USD 1.5 billion in 2021 and it is anticipated to grow up to USD 2.6 billion by 2031, at a CAGR of 5.5% during the forecast period.

Veterinary surgical instruments are tools that are used to perform surgery on animals. These instruments can be used to perform a variety of different procedures, including but not limited to: orthopedic surgery, soft tissue surgery, neurosurgery, and ophthalmic surgery. Veterinary surgeons use a variety of different instruments during surgery, and each instrument has a specific purpose.

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Market Trends and Drivers
Growing adoption of pet animals for companionship coupled with increasing expenditure of animal healthcare are few of the major factors leading to growth of veterinary surgeries. For instance, as per the American Pet Products Association's 2021-2022 National Pet Owners Survey, in 2021, about USD 583 and USD 343 was spent annually in U.S. on surgical veterinary services for dogs and cats, respectively. Thus, high expenditure on pet care and veterinary services is anticipated to be the major factor leading to market growth across the forecast timeframe. Furthermore, high demand for veterinary surgical services due to growing number of trauma and soft tissue injuries will be further fostering the veterinary surgical instruments market share.

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Global Veterinary Surgical Instruments Market Segmental Overview
The report analyses the global veterinary surgical instruments market based on product, animal type, application, end-use, and region.

Major Players in the Global Veterinary Surgical Instruments Market
The key players in the veterinary surgical instruments market are Medtronic plc. B. Braun Vet Care, Jorgen KRUSSE A/S (Henry Schein), Ethicon, Sklar Surgical Instruments, Jorgensen Labs, Neogen Corporation,, Vimian Group, BMT Medizintechnik GmbH, and GerMedUSA, among others.

COVID-19 Impact
The emergence of COVID-19 pandemic had put forth huge challenges on the veterinary care sector. Several elective surgeries, procedures and visits were postponed due to restrictions on the mobility of the population and increasing number of COVID1-9 cases in 2020. Moreover, only few of the emergency veterinary hospitals were addressing limited and emergency cases and were restricting client access to hospitals. As a result of procedural deferral, various companies witnessed a dip in the sales of surgical products, thereby significantly impacting the market growth in 2020. However, with the launch of new vaccines and continuation of animal surgical procedures, the veterinary surgical instruments market is expected to resume to pre-COVID levels from 2021 onwards.

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