The global animal wound care market is poised for remarkable expansion, according to a recent forecast by Future Market Insights, a leading market research firm. Projections indicate that by 2032, the global market is set to soar to an estimated USD 2.6 billion, reflecting a significant leap from its 2022 valuation of USD 1.1 billion. This anticipated growth signifies a projected Compound Annual Growth Rate (CAGR) of 8.7%, underlining the increasing demand for pet and animal health solutions worldwide.
As animal companionship continues to hold a cherished place in households and communities globally, the welfare of our beloved pets and livestock remains paramount. From minor cuts and scrapes to more severe lacerations and burns, animals face a myriad of potential injuries. The animal wound care market plays a pivotal role in safeguarding the well-being of these cherished companions, ensuring they receive the necessary care and treatment to recover swiftly and comfortably.
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“Proper wound care is essential for animals’ health and recovery,” says Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.). “It not only accelerates the healing process but also significantly reduces the risk of infections and potential complications.”
The report further highlights the dominance of surgical wound care products within the market, expected to hold the largest share and register a CAGR of 10.4% from 2022 to 2032. This segment includes products like sutures, staples, and glue, crucial for closing wounds and supporting healing after surgical procedures.
This growth trajectory reflects several key factors driving the animal wound care market, including:
- Rising pet ownership and increasing expenditure on pet health: Pet ownership continues to rise globally, leading to a corresponding increase in spending on pet healthcare, including wound care solutions.
- Growing awareness of animal welfare: Pet owners are becoming increasingly aware of animal welfare concerns, fueling demand for effective and advanced wound care products for their pets.
- Advancements in veterinary technology: Continuous advancements in veterinary medicine and technology are leading to the development of innovative and more effective wound care solutions for animals.
The animal wound care market is expected to play a vital role in enhancing the health and well-being of animals globally. As the market continues to evolve, it will be crucial for companies to develop innovative and accessible wound care solutions catering to the diverse needs of different animals and their owners.
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Country-wise Analysis:
Animal Wound Care Market Analysis in the USA
By the end of 2032, the United States is anticipated to hold the greatest market share, amounting to USD 693.7 million. The Animal Cancer Foundation estimates that there are around six million cases of canine and feline cancer in the United States, and that figure is anticipated to rise steadily. More than 35 million cats and 65 million dogs are housed throughout the nation.
Market research on animal wound care in the United Kingdom
In the UK in 2021, there were roughly 13 million dogs, 12 million cats, 1.6 million indoor birds, and 1.4 million domestic poultry. These numbers indicate that by 2032, the market for animal wound care in the nation will be worth USD133.5 million. From 2022 to 2032, the market in the nation is anticipated to generate an absolute dollar potential of USD 79.7 million.
Animal Wound Care Market Analysis in Japan
The fact that Japan is the only country in the world where pets outnumber children can be used to quantify the country’s affinity for pets. The Japan Pet Food Association estimates that there are 17 million children under the age of 16 living in the nation, compared to roughly 20 million cats and dogs. Based on these figures, it is anticipated that the market for animal wound care in Japan will reach USD 147 million by 2032, expanding at a CAGR of 10.9% from 2022 to 2032.
Key Companies Covered:
- Elanco Animal Health
- Medtronic PLC
- B. Braun Melsungen AG
- Virbac
- Jorgen Kruuse A/S
- Dechra Pharmaceuticals
- Neogen Corporation
- Ethicon, Inc.
- Sonoma Pharmaceuticals Inc.
- Jazz Medical LLC
- Prima-Vet Inc.
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Market Segments Covered in Animal Wound Care Market Analysis:
By Type:
- Surgical Wound Care Products
- Sutures and Staplers
- Tissue Adhesives, Sealants, And Glues
- Advanced Wound Care Products
- Foam Dressings
- Hydrocolloid Dressings
- Film Dressings
- Hydrogel Dressings
- Other Advanced Dressings
- Absorbents
- Traditional Wound Care Products
- Tapes
- Dressings
- Bandages
- Absorbents
- Other Traditional Wound Care Products
- Therapy Devices
By Animal Type:
- Companion Animal
- Livestock animal
By End-user:
- Veterinary hospitals & clinics
- Homecare
- Research Institutes
By Distribution Channel:
- Retail
- E-commerce
- Veterinary hospitals & clinics
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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