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Veterinary Surgical Instruments Market Size, Share Global Analysis Report, 2021 – 2026
Veterinary Surgical Instruments Market By Instrument Type (Handheld Devices, Electrosurgery Instrument, Suture, Staplers, & Accessories, & Others), By Animal Type (Large Animal & Small Animal), By Application (Soft Tissue Surgery, Cardiovascular Surgery, Ophthalmic Surgery, Dental Surgery, Orthopedic Surgery, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026
Industry Insights
[178+ Pages Report] The latest findings and offers on the veterinary surgical instruments market released by Facts & Factors offer a complete market overview. In this study, the global veterinary surgical instruments market exhibited USD 783.9 Million in the year 2020 and will grow at an estimated CAGR rate of 6.8% to an overall value of USD 1,023.5 Million in the year 2026.
Market Overview
Veterinary surgical instruments are the tools that are often used by veterinaries for performing surgeries which can be categorized into three broad categories – Orthopedics (Bones, joints, and muscles), soft tissue surgery (skin, body cavities, and GI/respiratory tracts), and neurosurgery. The goal of the medical equipment is to treat different disorders stemming from pets and farm animals at a majority.
Industry Growth Factors
The global veterinary surgical instruments market is expected to witness a larger market share for the advent of the forecast period owing to contributing factors such as rising population pertaining to companion animals coupled with rising animal healthcare expenditure to name a few.
Additionally, the rising number of veterinary practitioners coupled with the growth of soft tissue-based injuries will increase the footprint of the global veterinary surgical instruments market during the advent of the forecast period. Moreover, the rising demand for animal health insurance coupled with the increased adoption of companion animals will further boost the growth of the global veterinary surgical instruments market to a larger extent.
The global veterinary surgical instruments market is driven by rising incidences of periodontal problems residing within pets coupled with the availability of proper post-operative pain management solutions to name a few. Factors such as increased adoption of simulation-based models in orthopedic surgeries coupled with rising incidences of microfracture detections in racehorses will fuel the growth of the global veterinary surgical instruments market during the advent of the forecast duration. However, lack of a skilled workforce coupled with a higher cost of veterinary surgeries will decrease the growth of the global veterinary surgical instruments market to some extent during the advent of the forecast period.
Segmentation Analysis
The global veterinary surgical instruments market is segmented into instrument type, animal type, application, and region.
On the basis of instrument type, the global veterinary surgical instruments market is categorized into handheld devices, electrosurgery instruments, sutures, staplers, & accessories, and others. The segment pertaining to handheld devices is expected to witness the largest market share during the advent of the forecast period owing to rising technological advancements for surgical instruments coupled with increasing expenditure on animal healthcare to name a few.
Based on animal type, the global veterinary surgical instruments market is divided into large animals and small animals. The large animal segment is expected to occupy the largest market share during the advent of the forecast period owing to the rising prevalence of chronic diseases of equine animals coupled with increased awareness among government organizations to name a few.
On the basis of application, the global veterinary surgical instruments market is classified into soft tissue surgery, cardiovascular surgery, ophthalmic surgery, dental surgery, orthopedic surgery, and others. The dental surgery category is expected to witness the largest market share during the advent of the forecast period owing to increasing incidences of periodontal diseases coupled with increasing technological advancements in dental services and instruments to name a few.
Report Scope
Report Attribute |
Details |
Market Size in 2020 |
USD 783.9 Million |
Projected Market Size in 2026 |
USD 1,023.5 Billion |
CAGR Growth Rate |
6.8% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
B. Braun Vet Care GmbH, Medtronic plc., Ethicon Inc., JORGEN KRUSSW A/S, Jorgensen Laboratories, Smiths Group plc., Neogen Corporation, Integra LifeSciences Holdings Corporation, STERIS Corporation, DRE Veterinary, FerMedUSA Inc., Surgical Holdings, and Skylar Surgical Instruments, and Others |
Key Segment |
Instrument Type, Animal Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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Regional Analysis
North America is expected to witness the largest market share during the advent of the forecast period owing to combinative efforts taken by the key market players in the region coupled with the rising demand for high-quality standards in terms of pre and post op care to name a few.
Additionally, increased demands for pet insurance coupled with measures related to pet humanization will further increase the footprint of the veterinary surgical instruments market during the advent of the forecast period. Factors such as rapid adoption of new technologies such as advanced diagnostics services coupled with rising geriatric pet population will boost the growth of the veterinary surgical instruments market during the advent of the forecast duration. Moreover, increasing cases of chronic disorders and rising livestock population will further fuel the growth of the veterinary surgical instruments market during the advent of the forecast.
Competitive Players
The key market participants for the global veterinary surgical instruments market are
- B. Braun Vet Care GmbH
- Medtronic plc.
- Ethicon Inc.
- JORGEN KRUSSW A/S
- Jorgensen Laboratories
- Smiths Group plc.
- Neogen Corporation
- Integra LifeSciences Holdings Corporation
- STERIS Corporation
- DRE Veterinary
- FerMedUSA Inc.
- Surgical Holdings
- Skylar Surgical Instruments
By Instrument Type Segment Analysis
- Handheld Devices
- Forceps, Scalpels, & Surgical Scissors
- Hooks & Retractors
- Others
- Electrosurgery Instrument
- Suture, Staplers, & Accessories
- Others
By Animal Type Segment Analysis
- Large Animal
- Small Animal
By Application Segment Analysis
- Soft Tissue Surgery
- Cardiovascular Surgery
- Ophthalmic Surgery
- Dental Surgery
- Orthopedic Surgery
- Others
By Regional Segment Analysis
- North America
- U.S.
- Canada
- Europe
- UK
- France
- Germany
- Italy
- Spain
- 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 and Africa
- GCC Countries
- South Africa
- Rest of MEA
Table of Content
Industry Major Market Players
- B. Braun Vet Care GmbH
- Medtronic plc.
- Ethicon Inc.
- JORGEN KRUSSW A/S
- Jorgensen Laboratories
- Smiths Group plc.
- Neogen Corporation
- Integra LifeSciences Holdings Corporation
- STERIS Corporation
- DRE Veterinary
- FerMedUSA Inc.
- Surgical Holdings
- Skylar Surgical Instruments
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