Press release
Booming Global Veterinary Surgical Instruments Market Estimated to Surge to $1.99 Billion by 2029
Unprecedented growth anticipated in the Veterinary Surgical Instruments Market, backed by advanced surgical procedures, increasing pet healthcare spending, and a rise in pet ownership.What Is The Projected Market Size Of The Global Veterinary Surgical Instruments Market And Its Growth Rate?
- Market size of $1.35 billion in 2024, burgeoning to $1.45 billion in 2025 with an impressive CAGR of 7.4%.
- Projected to catapult to $1.99 billion in 2029, with a CAGR of 8.2%, driven by growing demand for specialized instruments and expanding veterinary services.
What Is Driving The Growth In The Veterinary Surgical Instruments Market?
The burgeoning number of surgical procedures performed on pets propels the growth of this market. A significant rise in such procedures necessitates the use of innovative instruments for more efficient incisions, dissections, and wound closures. The escalating number of vets performing surgeries and a rise in neuter surgeries have boosted the market, underpinning a strong growth trajectory for the Veterinary Surgical Instruments Market.
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Who Are the Key Players Driving Veterinary Surgical Instruments Market Growth?
- B. Braun Vet Care GmbH
- Jorgen KRUUSE A/S
- Neogen Corporation
- Ethicon Inc.
- Jorgensen Laboratories
- Integra LifeSciences Holdings Corporation
- GerMedUSA Inc.
- Sklar Surgical Instruments
- World Precision Instruments Inc.
- Stille AB
What Are The Key Trends In The Veterinary Surgical Instruments Market?
- A shift towards specialized instruments that offer better surgical outcomes
- Advancements in veterinary medicine propelling market growth
- A rising trend in pet ownership pushing market demand
- Surge in specialized veterinary surgeries
- Focus on minimally invasive techniques
What Are The Segments Of The Global Veterinary Surgical Instruments Market?
- By Product: Sutures, Staplers, And Accessories; Handheld Devices; Electrosurgery Instruments; Other Products
- By Animal: Companion Animals; Farm Animals
- By Application: Soft Tissue Surgery; Sterilization Surgery; Gynecology And Urology Surgery; Dental Surgery; Orthopedic Surgery; Ophthalmic Surgery; Other Applications
Which Region Leads The Veterinary Surgical Instruments Market?
North America led the global market in 2024, with Asia-Pacific touted as the fastest-growing region during the forecast period. The report covers global regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Veterinary Surgical Instruments Market Global Market Report?
- Market Size Analysis: Analyze the Veterinary Surgical Instruments Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Veterinary Surgical Instruments Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Veterinary Surgical Instruments Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Veterinary Surgical Instruments Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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