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Future of the Veterinary Surgical Instruments Market: Strategic Analysis and Forecast to 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Veterinary Surgical Instruments Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the veterinary surgical tools market has seen substantial growth in the past few years. The market worth is projected to expand from $1.35 billion in 2024 to $1.44 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 7.1%. This escalation in the historical period can be linked to the enlargement of veterinary procedures, enhancement of regulatory standards and quality controls, betterment of veterinary education, and concentration on specialized operations.
Veterinary Surgical Instruments Market Size Forecast: What's the Projected Valuation by 2029?
In the foroming years, the veterinary surgical instruments market is anticipated to experience significant expansion. The market size is predicted to reach $1.98 billion by 2029, with a compound annual growth rate (CAGR) of 8.1%. The growth during this forecast period could likely be associated with several factors such as rising expenditure on pet healare, increasing need for specialised instruments, growth in minimally invasive procedures, additional veterinary services, and a focus on ergonomic designs. The future trends forecast for this period entail a shift towards more specialised instruments, advancements in the field of veterinary medicine, increase in pet ownership, specialised veterinary surgeries, and concentration on minimally invasive techniques.
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What Are the Drivers Transforming the Veterinary Surgical Instruments Market?
The veterinary surgical instruments market is projected to grow due to the rise in surgical procedures carried out on pets. The term surgical procedure denotes a medicinal act that involves the use of instruments to make an incision to either treat a condition or repair bodily damage. These veterinary surgical instruments provide surgeons with the tools necessary for performing surgeries, which include making incisions, dissection, and wound closing. For example, the National Library Of Medicine, a medical body based in the US, reported in June 2024, that there had been 190,818 fewer neuter surgeries in 212 clinics during the years 2021-2022, compared to former years. As a result, the surge in surgical procedures performed on pets fuels the growth of the veterinary surgical instruments market.
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What Long-Term Trends Will Define the Future of the Veterinary Surgical Instruments Market?
Leading firms in the market for veterinary surgical instruments are creating innovative tools such as top-tier portable ultrasound systems for veterinary use, designed to increase diagnostic accuracy, improve field veterinarians' mobility, and offer real-time imaging during surgeries. A high-tech veterinary portable ultrasound system is a sophisticated device for diagnostic imaging, designed solely for veterinary uses. For example, in May 2024, Esaote North America Inc., a company based in the US that provides medical products, introduced the MyLab Omega eXP VET, an avant-garde portable ultrasound system specifically for veterinary use. This recent innovation, positioned within the veterinary surgical instruments market, aspires to boost the diagnostic imaging ability for veterinarians. This cutting-edge technology delivers high-resolution imaging from superficial to deep tissues, ensuring excellent clarity and precision in diagnostics.
Which Segments in the Veterinary Surgical Instruments Market Offer the Most Profit Potential?
The veterinary surgical instruments market covered in this report is segmented -
1) By Product: Sutures, Staplers, And Accessories, Handheld Devices, Electrosurgery Instruments, Other Products
2) By Animal: Companion Animals, Farm Animals
3) By Application: Soft Tissue Surgery, Sterilization Surgery, Gynecology And Urology Surgery, Dental Surgery, Orthopedic Surgery, Ophthalmic Surgery, Other Applications
Subsegments:
1) By Sutures, Staplers, And Accessories: Absorbable Sutures, Non-Absorbable Sutures, Surgical Staplers, Suture Removal Kits
2) By Handheld Devices: Scalpels, Scissors, Forceps, Needle Holders
3) By Electrosurgery Instruments: Electrosurgical Generators, Electrode Tips, Smoke Evacuators
4) By Other Products: Surgical Drapes And Covers, Surgical Lights, Operating Tables, Sterilization Equipment
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Which Firms Dominate the Veterinary Surgical Instruments Market by Market Share and Revenue in 2025?
Major companies operating in the veterinary surgical instruments market include 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, Eickemeyer Veterinary Equipment Limited, KLS Martin Group, Avante Health Solutions, Karl Storz SE & Co. KG, Summit Hill Laboratories, IM3 Inc., VetSurg Inc., Surgical Holdings Ltd., VSSI (Veterinary Surgical Solutions, Inc.), Vet Surgical Instruments
Which Regions Offer the Highest Growth Potential in the Veterinary Surgical Instruments Market?
North America was the largest region in the veterinary surgical instruments market in 2024. Asia-Pacific is expected to be the fastest-growing region in the veterinary surgical instruments market report during the forecast period. The regions covered in the veterinary surgical instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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