Animal Wound Care Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

The Animal Wound Care market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Animal Wound Care market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Animal Wound Care industry. The report analyzes and declares the historical and current trends analysis of the Animal Wound Care industry and subsequently recommends the projected trends anticipated to be observed in the Animal Wound Care market during the upcoming years.

Key Insights from Primary Research

• According to the interview with industry participants, an increasing number of owners of dogs and cats in developed economies has driven the target market growth
• Increasing attentiveness associated with animal health has been augmenting the target market growth as well
• The target market generated revenue of around USD 1,070 Million in 2018
• North America was the leading region in 2018 in terms of the target market
• Surgical wound care products, companion animals, and veterinary hospitals were the leading revenue-generating categories of product type, animal type, and end-user type in 2018

Key Recommendations from Analysts

• As per our analyst, emerged economies having advanced animal healthcare infrastructure and facilities has developed the target market growth
• The target market is anticipated to generate revenue of around USD 1,600 Million by 2026
• The target market is anticipated to grow at a CAGR of around 6%
• North America is expected to continue its dominance in 2026 as well
• Surgical wound care products, companion animals, and veterinary hospitals are estimated to be the leading revenue-generating categories of product type, animal type, and end-user type in 2026

Market Revenue Share, by Product Type

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Animal Wound Care industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Animal Wound Care industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Animal Wound Care market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Animal Wound Care industry. The Animal Wound Care market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Animal Wound Care sector. Key strategic developments in the Animal Wound Care market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Animal Wound Care market are appropriately highlighted in the report.

Increase in initiatives taken by animal welfare associations as well as governments as well as has driven the target market growth. In addition, the rise in animal adoption coupled with animal healthcare expenditure has augmented the target market growth as well. However, vets use MRI as standard care for treating injuries, cancer, etc. associated with animal treatment. Treatment of animals leads to high costs; this is expected to hamper the target market growth over the forecast period. In addition, resistant bacteria may transmit to humans through direct contact with animals. This may also hamper the target market growth over the forecast period.

Animals nowadays are considered a part of the family more. This has propelled the target market growth. Additionally, huge investments by several target market key players may provide growth opportunities for the target market over the forecast period. Also, the widespread application of animal vaccination programs has fuelled the target market growth.

The Animal Wound Care market research report delivers an acute valuation and taxonomy of the Animal Wound Care industry by practically splitting the market on the basis of different product types, animal types, end-users, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Animal Wound Care industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Animal Wound Care industry is provided for the leading economies of the world.

The Animal Wound Care market is segmented based on Product Type, Animal Type, and End-Users. On the basis of product type segmentation, the market is classified into wound care products, traditional wound care products, therapy devices, and surgical wound care products. In terms of Animal Type segmentation, the market is bifurcated into livestock animals and companions. In terms of End-Users segmentation, the market is bifurcated into veterinary clinics, veterinary hospitals, home care, and others.

Report Scope

Some of the essential players operating in the Animal Wound Care market, but not restricted to include: 

•  Medtronic PLC
•  B Braun Melsungen AG
•  Ethicon Inc.
•  Jorgen Kruuse A/S
•  Neogen Corporation
•  Acelity
•  Robinson Healthcare Limited
•  Virbac
•  Bayer AG
•  3M Company
•  Advancis Veterinary Ltd.

The taxonomy of the Animal Wound Care industry by its scope and segmentation is as follows:

By Product Type Segmentation Analysis (Customizable)

• Advanced Wound Care Products
  • Advanced Wound Dressings
    • Hydrocolloid Dressings
    • Foam Dressings
    • Film Dressings
    • Hydrogel Dressings
    • Other Advanced Dressings
  • Other Advanced Wound Care Products
• Traditional Wound Care Products
  • Tapes
  • Dressings
  • Bandages
  • Absorbents
  • Other Traditional Wound Care Products
• Therapy Devices
• Surgical Wound Care Products
  • Sutures & Staplers
  • Tissue Adhesives, Sealants, & Glues

By Animal Type Segmentation Analysis (Customizable)

• Livestock Animals
  • Pigs
  • Cattle
  • Other Livestock Animals
• Companions
  • Cats
  • Dogs
  • Horses
  • Other companion animals

By End-Users Segmentation Analysis (Customizable)

• Veterinary Clinics
• Veterinary Hospitals
• Home Care
• Others

Regional Segmentation Analysis (Customizable)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa