Global Veterinary Sutures Market Set to Reach USD 482.1 Million by 2033, Growing at a 3.8% CAGR

veterinary Sutures
veterinary Sutures

The global veterinary sutures market is poised for steady growth, with its value projected to rise from USD 333.38 million in 2023 to USD 482.1 million by 2033. This anticipated expansion represents a compound annual growth rate (CAGR) of 3.8% over the forecast period, according to recent research by Future Market Insights.

The market, which was valued at USD 323.0 million at the end of 2022, is expected to exhibit a year-on-year (Y-o-Y) growth of 3.2% in 2023. This growth trajectory reflects increasing demand for veterinary surgical procedures and advancements in suture technologies, as well as rising awareness and focus on animal healthcare.

The positive outlook for the veterinary sutures market is driven by the growing number of veterinary clinics and hospitals, advancements in surgical techniques, and a heightened emphasis on improving animal welfare and surgical outcomes.

Pet owners, in particular, are becoming more discerning about the healthcare provided to their beloved animals. This growing awareness has translated into a willingness to invest in advanced surgical procedures that can enhance their pets’ quality of life. Simultaneously, veterinary organizations worldwide are prioritizing animal welfare, actively promoting the incorporation of best practices in veterinary care.

Hence, the increasing focus on animal welfare is indeed one of the factors that are driving the growth in sales of veterinary sutures. The use of sutures is an essential part of surgical procedures for animals and is crucial for promoting faster healing and minimizing post-operative complications. By using high-quality veterinary sutures, veterinarians can ensure that animals recover from surgery as quickly and safely as possible, which is a key component of animal welfare.

As a result, the demand for high-quality veterinary sutures is increasing, as pet owners and veterinarians seek to ensure the best possible outcomes for animals undergoing surgery. Suture manufacturers are responding to this demand by developing new and improved sutures that are specifically designed for veterinary use, and by investing in research and development to advance the field of veterinary surgery.

Overall, these factors are contributing to the growth of the Global Veterinary Sutures Industry, and are expected to continue to drive demand for veterinary sutures in the coming years.

Key Takeaways from Global Veterinary Sutures Industry Study

  • Absorbable sutures are the leading segment among suture types, and held about 7 market share in 2022, due to their reduced cost and inconvenience, fewer tissue reactions, and decreased risk of long-term complications.
  • By raw material type, polyglactin absorbable surgical sutures held about 3% of the market share in 2022, polyglactin absorbable surgical sutures is a popular choice of veterinary surgeons in various surgical procedures due to their excellent handling characteristics, low inflammatory response, availability of different sizes and lengths.
  • By End User, the veterinary hospitals dominated the global veterinary sutures market withholding the total market share of about 4% by the end of 2022, owing to their larger staff and inventory of surgical supplies.
  • By region, Europe is leading in the global veterinary suture market and is expected to continue to do so with a projected CAGR rate of 9 during the forecasted years.

Global Veterinary Sutures Industry Key Companies Profiled

  • Braun
  • Ethicon
  • Medtronic Plc
  • Betatech Medical
  • Changzhou Zener Medtec
  • Gamastech
  • Génia
  • KATSAN Medical Devices
  • RWD Life Science
  • Somni Scientific
  • CP Medical
  • Vetersut
  • Vitrex Medical
  • AIP Medical SA
  • Oasis
  • GPC Medical Ltd
  • AdvaCare Pharma
  • Cortis

Global Veterinary Sutures Industry Competition

Leading players are adopting key strategies like expanding sales by launching new products and collaborations for the creation of novel products.

  • In March 2023, Animus Surgical launched a new transparent, non-toxic and biodegradable hydrogel wound sealant to replace bandages, which protects the suture lines.
  • In September 2022, Johnson & Johnson announced the news that they are establishing two independent, market-leading companies with the announcement of Kenvue. Kenvue is a new consumer healthcare company.

A Old Full Report Analysis Click Here

Key Segments Covered in Global Veterinary Sutures Industry Research

By Suture Type:

  • Absorbable Sutures
  • Non-Absorbable Sutures

By Raw Material:

  • Catgut Absorbable Surgical Sutures
  • Polyglactin Absorbable Surgical Sutures
  • Poliglecaprone Absorbable Surgical Sutures
  • Polydioxanone Absorbable Surgical Sutures
  • Polyglycolic Acid Absorbable Surgical Sutures
  • Silk Non-Absorbable Surgical Sutures
  • Nylon (poylamide) Non-Absorbable Surgical Sutures
  • Polypropylene Non-Absorbable Surgical Sutures
  • Stainless Steel Non-Absorbable Surgical Sutures
  • Others

By Distribution Channel:

  • Veterinary Hospitals
  • Veterinary Clinics
  • Academic & Research Institutes

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

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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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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