The veterinary surgical instruments market has been growing steadily in recent years, driven by the increasing demand for animal healthcare services and advancements in veterinary surgical techniques. The market is expected to continue growing in the coming years, with a CAGR of over 7% from 2021 to 2028, according to a report by Market Research Future.
The market size of veterinary surgical instruments is determined by various factors, such as the number of veterinary clinics and hospitals, the prevalence of various animal diseases, and the adoption of advanced surgical techniques. The increasing number of pet owners and their willingness to spend on their pets’ health and wellness have also contributed to the growth of the veterinary surgical instruments market.
North America is the largest market for veterinary surgical instruments, followed by Europe and the Asia Pacific. The presence of a large number of veterinary clinics and hospitals, coupled with the high adoption of advanced veterinary surgical techniques, has led to the dominance of these regions in the market. Moreover, the high prevalence of animal diseases in North America and Europe has led to increased demand for veterinary surgical instruments.
The Asia Pacific region is expected to witness significant growth in the coming years, owing to the increasing adoption of pets in the region and the growing awareness about animal healthcare. Moreover, the increasing number of veterinary clinics and hospitals in the region, along with the availability of affordable veterinary surgical instruments, is expected to further drive market growth.
Based on the type of instrument, the market is segmented into forceps, scalpels, scissors, needle holders, retractors, and others. Among these, the forceps segment holds the largest share of the market, owing to the high demand for these instruments in various surgical procedures. Forceps are commonly used for grasping and holding tissues, and their use is essential in various surgical procedures, including soft tissue surgeries, orthopedic surgeries, and dental procedures.
On the basis of animal type, the market is segmented into companion animals and livestock animals. Companion animals, including dogs, cats, and other household pets, hold the largest share of the market. The increasing adoption of companion animals and the growing trend of pet humanization have led to the growth of this segment. Moreover, the increasing availability of advanced veterinary surgical instruments for companion animals has further contributed to the growth of this segment.
In terms of end-users, the market is segmented into veterinary hospitals and clinics, research institutes, and others. Among these, the veterinary hospitals and clinics segment holds the largest share of the market. The increasing number of veterinary hospitals and clinics, coupled with the high adoption of advanced surgical techniques, has led to the dominance of this segment in the market.
The key players operating in the veterinary surgical instruments market include B. Braun Vet Care GmbH, Eickemeyer Veterinary Equipment Inc., Jorgensen Laboratories, Neogen Corporation, Surgical Holdings, Sklar Surgical Instruments, Jorgensen Labs, and World Precision Instruments, among others.
In conclusion, the veterinary surgical instruments market is expected to continue growing in the coming years, driven by the increasing demand for animal healthcare services and advancements in veterinary surgical techniques. North America and Europe currently dominate the market, but the Asia Pacific region is expected to witness significant growth in the coming years. The market is segmented based on the type of instrument, animal type, and end-users. The forceps segment and the companion animals segment currently hold the largest share of the market, while the veterinary hospitals and clinics segment is the largest end-user segment.
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